Location: +United States
Fitch: Tax hikes could stunt sports betting’s growth
“Recent and proposed state sports betting tax hikes could dampen the online gaming sector’s positive growth momentum,” Fitch Ratings... more
Macquarie forecast for Light & Wonder falls just shy of US$2 billion 2028 EBITDA target
Macquarie analysts are forecasting that Light & Wonder will achieve Adjusted EBITDA of US$1.94 billion by 2028, falling just short of... more
Analysts split on BetMGM revenue forecast
A pair of stock analysts offered differing takes on BetMGM’s announcement that it was raising revenue and cash-flow guidance for 2025.... more
What does HG Vora want with Penn Entertainment?
HG Vora’s activist fight with Penn Entertainment is set to make Tuesday’s annual meeting a hotly watched event. The business, Penn’s... more
CBRE raises Red Rock Resorts price target
CBRE has raised its stock-price target for Red Rock Resorts, saying the locals casino market is better positioned through 2026 to handle... more
As AI transforms industries, how can it impact gambling in Las Vegas?
With artificial intelligence now embedded in what seems to be everything–researchers are beginning to question how its speed and... more
International Gaming Standards Association adds two to board
The International Gaming Standards Association on Monday announced that Donovan Meyer of Light & Wonder and Playtech’s Charmaine Hogan... more
FanDuel, Kalshi have discussed a deal: report
FanDuel has discussed a deal with the upstart trading exchange Kalshi that would include various betting efficiencies, Front Office Sports... more
BetMGM upgrades financial outlook for 2025
MGM Resorts International and Entain co-owned BetMGM has upgraded its financial outlook for 2025, citing a sustained positive momentum from... more
Wall Street Bets: Illinois tax increases, Las Vegas outlook, New York OSB, Gambling.com
OSB tax increases in Illinois Jefferies’ David Katz on June 16 looked at how some companies are reacting to the increase of taxes on... more
