Industry observers can look forward to a host of financial results in the next few weeks as some of the biggest names in the US sports betting, gaming and casino sectors prepare their quarterly investor updates.
Among the first to share their financial performances is Toronto-based sportsbook firm theScore which plans to release its Q4 and Year End F2020 financial results after the market closes on Wednesday, October 28, 2020.
Moving into early November, MGM Growth Properties LLC has confirmed it will release its financial results for the third quarter 2020 before the market opens on Monday, November 2.
Scientific Games Corporation, meanwhile, has announced that it will release results for its third quarter ended September 30, 2020 on Wednesday, November 4, 2020, after market closure. Subsidiary SciPlay Corporation will also be releasing its Q3 results for the period ended September 30, 2020 on the same day, again after the market closes.
November 5 sees Caesars Entertainment Corporation publish its Q3 update, one that will be eagerly anticipated by market watchers given its pursuit of acquiring the William Hill plc business. Also on that day gaming equipment supplier AGS will disclose its third quarter 2020 results.
Investors and analysts will have to wait a little longer, however, to find out how DFS and sportsbook operator DraftKings has performed during the Q3 period, with November 13 slated for its trading update.
As quarterly updates go, there is likely to be a heavy emphasis on this current set. Analysts will be paying closer attention than usual to the manner in which businesses are addressing the ongoing challenges posed by the COVID pandemic, the recovery process and their approach to trading their way into 2021.
