Category: Commercial Casinos

05/04/23 9:17 PM

Red Rock reveals few details on stadium deal with A’s during earnings call

  • Buck Wargo, CDC Gaming
The first-quarter earnings call with Red Rock Resorts raised more questions than answers on the casino company’s deal to sell 49 acres to... more
05/04/23 8:26 PM

The Gaming News Canada Fiver: Friday, May 5, 2023

  • Steve McAllister—Gaming News Canada
On the latest Gaming News Canada Show podcast presented by Osler, Hoskin & Harcourt, the investment by Ryan Reynolds into Nuvei, and... more
05/04/23 4:05 PM

Penn Entertainment’s first quarter earnings call elicits questions about Barstool personality

  • Rege Behe, CDC Gaming
Penn Entertainment’s 2023 first quarter report revealed revenue of $1.67 billion, a year-over-year increase of 6.8%. Net income increased... more
05/04/23 8:08 AM

Accel Entertainment’s first-quarter revenue rises to top Wall Street forecasts

  • Matthew Crowley, CDC Gaming
The 2022 acquisition of Century Gaming continued to echo throughout Accel Entertainment’s quarterly-earnings tables. The company celebrated... more
05/03/23 4:06 PM

VICI eyes growth, tops Wall Street Q1 revenue forecast

  • Matthew Crowley, CDC Gaming
VICI Properties President John Payne quoted TV character Ted Lasso, the perpetually positive television soccer coach, to describe his real... more
05/02/23 8:23 PM

Caesars: Sports pushing out lower-tier customers in favor of higher-end, a boon for Vegas casinos

  • Buck Wargo, CDC Gaming
Caesars Entertainment CEO Tom Reeg believes that sporting events and entertainment are bringing in higher-end customers and displacing... more
05/02/23 8:22 PM

Caesars reports first-quarter record for Las Vegas adjusted earnings

  • Buck Wargo, CDC Gaming
Caesars Entertainment reported a first-quarter record for adjusted earnings in Las Vegas. In an earnings call Tuesday, Caesars reported net... more
05/02/23 8:21 PM

Wall Street Bets: Analysts take on MGM momentum, VICI progress, Macau recovery

  • Rege Behe, CDC Gaming
According to Truist Securities analyst Barry Jonas, MGM Resorts International’s May 1 earnings call regarding the operators 2023 1st... more
05/01/23 8:54 PM

News from Japan and Macau highlights MGM earnings call

  • Rege Behe, CDC Gaming
Although MGM Resorts International had a stellar first quarter in 2023, CEO Bill Hornbuckle started Monday’s earnings call with news about... more
05/01/23 8:52 PM

MGM’s first quarter “one of the best ever”

  • Rege Behe, CDC Gaming
How good was MGM Resorts International’s first quarter in 2023? According to CEO Bill Hornbuckle, few, if any, quarters have been better... more