Gaming execs remain unfazed by economic fears

Saturday, May 3, 2025 2:15 PM
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  • Ryan Butler, Covers

Leaders from several U.S. major gaming operators said during recent earnings calls they weren’t seeing broader economic fears pan out, remaining optimistic their financial bottom lines would remain steady or exceed the year prior.

Executives from Nevada-based Caesars, MGM, and Boyd Gaming dismissed concerns in recent days that a feared economic downturn was hurting them financially. The companies saw roughly similar hotel room attendance in Q1 2025 as they did the year prior. Visitor numbers were stable into April, and projected to remain at estimated levels through the rest of the quarter.

President Donald Trump announced a sweeping set of global tariffs April 2, setting off concerns of a worldwide economic downturn and leading to massive stock market drops.