Author: Deke
Gaming REITs remain positive and talk of future deals
The management teams of casino property owners VICI Properties and Gaming & Leisure Properties (GLPI) remain positive, despite dealing... more
Aristocrat taking market share, Jefferies analyst says
Aristocrat Leisure recorded a four percent gain in social-casino market share in May, while its competitors lost four percent. That was the... more
Boyd Gaming gets Buy rating
Jefferies Equity Research issued a Buy rating for Boyd Gaming after meeting with senior management this week in Las Vegas. Analyst David... more
Despite underperformance, analyst “cautiously optimistic” for gaming
Calling 2024 an “underperformance” year for the casino industry, Macquarie Equity Research analyst Chad Beynon said he was “cautiously... more
LVCVA expects 2026 to be big for Vegas conventions
With convention attendance up 1.8% in 2025, while overall tourism is down 6.5%, the Las Vegas Convention Center on Tuesday showcased its... more
Las Vegas room rates softening, Truist analyst says
Following room-rate increases in April, Truist Securities analyst Barry Jonas saw them soften through May and into June on the Las Vegas... more
Strip visitation declines in April alongside gaming revenue
Along with the year-over-year decline in gaming revenue on the Las Vegas Strip for the third month in a row, Las Vegas visitation continued... more
Resorts World Las Vegas partners with robotaxi company
Resorts World Las Vegas has announced the first partnership between a casino-resort and a robotaxi company. Resorts World named Zoox, an... more
BetMGM strikes deal with WNBA and Las Vegas Aces
Sports betting and igaming operator BetMGM announced a partnership with the WNBA and exclusively with the Las Vegas Aces in a deal that... more
Las Vegas Strip gaming revenue declines year-over-year for third consecutive month
As a result of lower hold percentages in April despite higher handle, the Strip posted a year-over-year decline in gaming revenue for the... more
