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Q1 2020

Wynn Resorts

Wynn Resorts lost nearly $700 million in revenue in Q1 2020 compared to Q1 2019. The company’s stock price dropped by $84.87 (61%) from January 1 to March 31 as well. Some of Wynn’s losses are attributable to its decision to pay employees despite Wynn … Read more

Categories Revenue Tags Coronavirus, COVID-19, Matt Maddox, Q1 2019, Q1 2020, Wynn, Wynn Resorts Leave a comment
GiG

Gaming Innovation Group (GiG) posted quarterly growth for the first time in four fiscal quarters in Q1 2020. The company recorded $33.7 million in revenue and $2.7 million EBITDA. GiG is restructuring its sports betting services to cut costs, although its efforts to do so … Read more

Categories Revenue Tags Coronavirus, COVID-19, EBITDA, Gaming Innovation Group, GiG, MegaLotto, Q1 2020, Richard Brown Leave a comment
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