Category: Commercial Casinos
Gambling-stock price targets lowered, Truist analyst say
“It’s the economy, stupid!” was the headline on an April 23 investor note by Truist Securities analyst Barry Jonas. Noting that gaming is... more
Mississippi casino revenue down 3.7% year-over-year in March
Mississippi’s commercial casinos generated $226.2 million in March, down 3.7% from $235.1 million last year. Slot machines generated $189... more
Massachusetts’ commercial casino revenue down 5.6% year-over-year in March
Massachusetts’ three regulated commercial casinos recorded gross gaming revenue of $105.1 million in March, down 5.6% from last... more
Wall Street weighs in on Monarch’s lack of debt
Following Monarch Casino Resorts’s first-quarter earnings release, two Wall Street analysts offered guardedly favorable takes on the... more
Louisiana casino revenue up 11.9% year-over-year in March
The combined gaming revenue for Louisiana’s casinos was $210.9 million in March, up 11.9% from $188.5 million in March 2024. Caesars New... more
Casino industry Q1 earnings reports kick off this week amid talk of ‘deterioration’ in Las Vegas
Earnings season for the gaming industry kicks off Wednesday when Las Vegas Sands reports its first-quarter results, with one analyst... more
Las Vegas reports lower air travel in March
The Las Vegas airport Tuesday reported a decline in travel in March and a downward trend for the year, reversing the growth that followed... more
Monarch increases revenue and profit in Q1
Monarch Casinos & Resorts reported first-quarter financial results late on April 22. The numbers showed 3.1 percent higher revenue and... more
Analyst reports “transitory weakness” in gaming
While analysts have feared a gaming-wide slowdown, Jefferies Equity Research analyst Kai Erman reported, indications through March and into... more
Mike Dreitzer selected as next Nevada Gaming Control Board chair
Nevada Gov. Joe Lombardo has tapped Mike Dreitzer to serve as the next chairperson of the Gaming Control Board, following the end of the... more


