Next Earnings Calls To Watch For US Sports Betting Stock

Written By Matthew Waters on July 25, 2022 - Last Updated on July 26, 2022
sports betting stock

It is once again earnings season, with most of the publicly traded companies involved in US sports betting reporting info sought by stock investors by the end of August.

Below is an up-to-date list of pertinent earnings calls anyone interested in sports betting stock should take in. All listed times are US Eastern and calls are for second-quarter earnings unless noted.

Week one: slow start for sports betting stock calls

There are just four earnings calls this week concerning US sports betting. Two of those calls are a bit fringe, while the other two are fairly important.

The first must-listen call is for Kambi at 4 am Wednesday. Kambi is a platform supplier for the betting industry and serves multiple US operators. More operators have been opting for their own technology, though, which has led to CEO Kristian Nylén cautioning on the moves.

Also this week is PointsBet, which is listed in Australia and is reporting its fiscal fourth-quarter results. The call starts at 8 pm Thursday on the East Coast, which is 10 am Friday at its Australian headquarters.

Boyd Gaming will hold its call at 5 pm Tuesday, while Churchill Downs will report its earnings Wednesday and hold its conference call at 9 am Thursday. Boyd has a 5% stake in FanDuel Sportsbook and is partnered with the brand across the US but rarely gives in-depth betting details on its calls. Churchill Downs is pulling out of online sports betting but operates casinos in key states including Maryland and Ohio.

Eight important calls to watch in August

Anyone interested in sports betting suppliers should catch the IGT investor call at 8 am Aug. 2 .

Caesars will act as the other end of the stock sandwich that day when it announces earnings after the market closes before its 5 pm call.

One-half of BetMGM, MGM Resorts, will hold its call at 5 pm on Aug. 3.

Four calls Thursday, DKNG Friday

Aug. 4 will be quite a busy day with four operator calls scheduled.

Bally’s kicks off the day with its call starting at 8 am. Penn National, which runs the Barstool Sportsbook brand in the US and operates theScore Bet brand for sports betting in Canada, will hold its call at 9 am.

FuboTV will hold its earnings call at 4:30 pm that afternoon and is quickly followed by Rush Street Interactive at 5 pm.

DraftKings might be the company in the list that draws the most attention so it is fitting it has a day of its own. The DKNG call starts at 8:30am Friday.

More key US sports betting stock calls to watch

Light and Wonder, the company formerly known as Scientific Games, will host its earnings call at 4:30 pm on Aug. 9. LNW is selling OpenBet to Endeavor and recently adjusted the terms of the deal. Endeavor, meanwhile, will hold its call at 5 pm on Aug. 11.

Also on Aug. 11 is Entain, the other half of the BetMGM joint venture. The company typically holds its earnings calls in the morning to be caught on replay by US investors.

FanDuel’s parent company, Flutter, will host its earnings call covering the first half at 4:30 am Friday.

Data suppliers report mid-August

Data suppliers Genius Sports and Sportradar are the last on the reporting calendar (for now.)

Genius will hold its call first at 8 am on Aug. 16. That will be followed by Sportradar’s call at 8 am on Aug. 17.

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Matthew Waters

Matthew Waters is a reporter covering legal sports betting and the gambling industry. Previous stops include Fantini Research and various freelance jobs covering professional and amateur sports in Delaware and the Philadelphia area.

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