In the latest close session, DraftKings (DKNG) was down 1.74% at $44.04. The stock fell short of the S&P 500, which registered a gain of 0.07% for the day. Meanwhile, the Dow experienced a drop of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.18%. Shares of the company have appreciated by 4.87% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 4.6%, and lagging the S&P 500's gain of 5.71%.Market participants will be closely following the financial ...

In its upcoming report, Boyd Gaming (BYD) is predicted by Wall Street analysts to post quarterly earnings of $1.67 per share, reflecting an increase of 5.7% compared to the same period last year. Revenues are forecasted to be $980.29 million, representing a year-over-year increase of 1.3%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 2.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections durin ...

CANADA - 2025/05/01: In this photo illustration, the SharpLink Gaming logo is seen displayed on a ... More smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesSharpLink Gaming stock (NASDAQ:SBET) has risen by nearly 50% in the last week and has increased over 100% in the previous month. So, what developments have occurred for the company recently? The gains are fueled by investor excitement regarding the company's ambitious ...

Tonight, the online gaming giant Roblox announcing new measures designed to keep kids and teenagers on its platform safe. Driven by AI, the massively popular platform draws approximately 100 million daily users who play games created by themselves and others. According to the company, more than half of those players are children under the age of 16.A group that CEO Dave Bazooki tells NBC News the company is focusing on keeping safe. We have zero tolerance on roadblocks for any content that is not age approp ...

Group 1 - Boyd Gaming Corporation has sold a 5% equity stake in FanDuel, generating approximately $1.76 billion in cash to reduce debt [1] - The sale is expected to significantly impact Boyd Gaming's financial position by alleviating debt burdens [1] Group 2 - The article emphasizes the importance of patient investing and the accumulation of high-quality assets for wealth creation [1] - It highlights the balance between steady investment approaches and high-risk, high-reward opportunities [1]

Company Performance - Roblox closed at $104.94, down 2.62% from the previous trading session, underperforming the S&P 500 which lost 0.07% [1] - Over the past month, Roblox shares gained 15.35%, outperforming the Consumer Discretionary sector's gain of 5.29% and the S&P 500's gain of 3.94% [1] Earnings Projections - Roblox is set to release earnings on July 31, 2025, with projected EPS of -$0.36, indicating a 12.50% decline from the same quarter last year [2] - Revenue is expected to reach $1.22 billion, reflecting a 27.52% increase compared to the equivalent quarter last year [2] Annual Estimates - For the annual period, Zacks Consensus Estimates predict earnings of -$1.38 per share and revenue of $5.43 billion, representing increases of 4.17% and 24.22% respectively from the previous year [3] Analyst Sentiment - Changes in analyst estimates for Roblox are crucial as they reflect near-term business trends, with upward revisions indicating positive sentiment towards the company's operations [3] Zacks Rank and Performance - The Zacks Rank system, which evaluates estimate changes, currently ranks Roblox as 2 (Buy), with a 2% increase in the consensus EPS estimate over the last 30 days [5] - Historically, 1 ranked stocks in the Zacks Rank system have yielded an average annual return of +25% since 1988 [5] Industry Context - The Gaming industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 67, placing it in the top 28% of over 250 industries [6] - Strongly rated industries, particularly those in the top 50%, tend to outperform weaker ones by a factor of 2 to 1 [6]

Core Viewpoint - A study suggests that longer suspensions for users exhibiting bad behavior on platforms like Roblox can effectively reduce repeat offenses without significantly impacting overall user engagement [2][8][11]. Group 1: Study Findings - The research conducted by Northeastern University and Roblox indicates that longer suspensions not only decrease the likelihood of repeat offenses but also maintain user engagement levels [2][8]. - In experiments involving nearly 800,000 users, longer suspensions (one-day vs. one-hour and three-day vs. one-day) were tested to assess their effectiveness [5][7]. - The results showed that longer suspensions led to a 13% reduction in reoffense rates for first-time violators, while frequent violators only saw a 4% decrease [9]. Group 2: User Engagement - Despite the implementation of longer suspensions, there was minimal impact on the time users spent on Roblox, with a maximum decrease of only 2% [8]. - The study highlights the importance of balancing disciplinary actions with user engagement, suggesting that effective consequences do not necessarily drive users away from the platform [3][10]. Group 3: Implications for Policy - The findings have already influenced Roblox's suspension policies, with hopes that other platforms will adopt similar strategies based on the targeted effectiveness of consequences [11][12]. - The research emphasizes that longer suspensions should be part of a broader strategy that includes proactive and educational measures to achieve more lasting behavioral changes [11].

Core Viewpoint - MGM Resorts International is set to release its financial results for the second quarter of 2025 on July 30, 2025, after market close, followed by a conference call for discussion and Q&A [1] Financial Results Announcement - The financial results will be announced after the market closes on July 30, 2025 [1] - A conference call will take place at 5:00 p.m. Eastern Time on the same day [1] - Supplemental slides will be available on MGM's Investor Relations website prior to the call [1] Conference Call Access - The conference call can be accessed online or via phone, with specific numbers provided for domestic and international callers [2] - A replay of the call will be available until August 6, 2025, with access codes for replay provided [2] Company Overview - MGM Resorts International is a global gaming and entertainment company listed on the S&P 500, featuring hotels, casinos, and various entertainment offerings [3] - The company operates 31 unique hotel and gaming destinations worldwide and is involved in sports betting and online gaming through its venture BetMGM, LLC [3] - MGM Resorts is pursuing expansion in Asia, particularly through a resort development in Japan, and emphasizes sustainability and community impact [3]

Group 1 - Roblox's stock closed at $102.65, reflecting a +1.51% change, outperforming the S&P 500 which fell by 0.03% [1] - Over the past month, Roblox shares increased by 23.75%, while the Consumer Discretionary sector declined by 0.61% and the S&P 500 gained 0.6% [1] Group 2 - The upcoming earnings report for Roblox is expected to show an EPS of -$0.38, a decrease of 18.75% year-over-year, with projected revenue of $1.19 billion, up 24.4% from the previous year [2] - For the entire fiscal year, earnings are projected at -$1.4 per share and revenue at $5.36 billion, reflecting increases of +2.78% and +22.67% respectively from the prior year [3] Group 3 - Recent adjustments to analyst estimates for Roblox may indicate changing near-term business trends, with positive revisions seen as a favorable sign for the business outlook [3] - The Zacks Rank system, which incorporates estimate changes, currently ranks Roblox at 3 (Hold) [5] Group 4 - The Gaming industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 98, placing it in the top 40% of over 250 industries [6] - Research indicates that industries in the top 50% rated by Zacks outperform those in the bottom half by a factor of 2 to 1 [6]

Continuing strong momentum supports increased confidence and FY 2025 guidance upgradeJERSEY CITY, N.J., June 16, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across North America, jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update to FY 2025 guidance. This announcement is being made by BetMGM as a consequence of Entain plc's required regulatory disclosure to the marke ...