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Hasbro Expands into Casino Gaming with New Licensing Deals
Hasbro has signed multi-year licensing agreements with Aristocrat, Evolution, Galaxy Gaming, and Bally’s. These deals expand Hasbro’s gambling presence with MONOPOLY, YAHTZEE, and BATTLESHIP ...
Hasbro topped earnings and revenue expectations for its second quarter. Magic: The Gathering And Monopoly Go! games helped drive gaming growth. Toy and entertainment sales fell and the company ...
Despite recent challenges, toy and entertainment company Hasbro (HAS) is embracing a significant strategic shift and garnering solid returns. The company’s pivot towards digital gaming and ...
Revenues for digital gaming were up 20% while traditional toys declined by 20%. Overall revenue declined 18% during the quarter, primarily due to the divestiture of Hasbro’s eOne entertainment ...
The company’s revenue in the quarter to March 30 was up 17.1% to $887.1 million, compared with the average analyst estimate of $771.2 million, as Hasbro’s turnaround efforts, which have ...
Hasbro made $112 million from Monopoly Go in 2024 as sales in the company’s games division grew year-over-year. According to the firm's 2024 FY24 financials, the Wizards of the Coast and Digital ...
Hasbro's gaming business saw its digital and licensed gaming revenue increase by 22% year-over-year to $471.7 million. $112 million alone of that came from Scopely's Monopoly Go.
April 24 (Reuters) - Hasbro's (HAS.O) quarterly results beat Wall Street estimates on Thursday, helped by strength in the company's gaming segment, sending the toymaker's shares up about 12%.
Sales in Hasbro's consumer products business fell 20%. Prior to Thursday's moves, Hasbro's stock has risen by 16.4% so far in 2024, compared to a 13.8% jump by the S&P 500 SPX. -Steve Gelsi ...
Hasbro is well along the road to delivering $750 million in cost cuts in 2025 as part of a restructuring plan. Cocks (who spent 14 years inside Microsoft's (MSFT) Xbox division) has pivoted the ...
Hasbro profit beats Wall Street estimate as digital gaming business grows Hasbro’s second-quarter adjusted profit of $1.22 a share was well above the FactSet consensus estimate of 78 cents a share.
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