Location: +United States
Analyst: Casino-goers show up less, spend more
In studying January 2025 casino visitation, Jefferies Equity Research analyst David Katz came to the conclusion that it was flat compared... more
Super Bowl betting strong, but outcome “slightly less favorable for sportsbooks”
A Wall Street analyst said while engagement was strong for the Super Bowl, the outcome is “slightly less favorable” for the nation’s legal... more
Wall Street Bets: Sportsradar deal with MLB, Boyd outlook
Sportradar deal with MLB draws attention “Sportradar’s new extension of its sports-rights deal with the MLB in our view removes a key... more
Casino mogul Wynn asks U.S. Supreme Court to revisit Times v. Sullivan defamation rule
Casino mogul Steve Wynn has asked the U.S. Supreme Court to hear an appeal that, if granted, could give the justices a chance to revisit... more
Inside Cabinet pick Howard Lutnick’s scandal-tainted sports betting gambit
Long before he was President Donald Trump’s pick for Commerce secretary, billionaire financier Howard Lutnick got into the sports gambling... more
Energy: Is it time for casinos to bet on a greener future?
Casinos may be known for their flashing lights and round-the-clock action, but the real jackpot lies in their energy consumption. Research... more
Aristocrat on the move, Jefferies analyst says
Jefferies Equity Research analyst Kai Erman raised his projections for Aristocrat Leisure after seeing the Australian company take market... more
Las Vegas casinos’ FY24 net income declines 40.4%, despite 6.8% revenue increase
Nevada’s casinos reported a record $31.5 billion in revenue in the state’s 2024 fiscal year, but net income declined 24.4%, including a... more
U.S. sportsbooks reckon with Super Bowl rival – futures markets
When financial technology upstart Kalshi facilitated more than $200 million worth of U.S. presidential election futures market trades last... more
U.S. Sen. Blumenthal to introduce bill that combats gambling addiction
Sen. Richard Blumenthal is introducing new legislation surrounding gambling addiction. The bill would establish the first federal funding... more
