Tag: Analyst
Flutter’s move into prediction markets ‘predictable,’ Truist analyst says
After Flutter Entertainment’s announcement that it would enter the event-contract market, stock analysts were quick to react. Flutter... more
Maybank IB: Genting Malaysia earnings to climb 24% in FY26 on “positive” sale of resort’s non-gaming assets
The planned sale of the non-gaming assets of New York state’s Resorts World Catskills (RWC) casino-resort could boost Genting... more
Wall Street Bets: Gambling.com, Bally’s, Penn Entertainment, GLPI
Gambling.com prospects David Bain of Texas Capital Securities on August 15 wrote in a release about Gambling.com that after “a 2%/1%... more
Bally’s result ‘windy,’ Truist analyst says
A soft opening may be in the cards for Bally’s Chicago, the $1.8 billion megaresort being financed and overseen by Gaming & Leisure... more
Casino visitation down in July, analyst says
Foot traffic in United States casinos plunged 9.9 percent in July, falling 19.9 percent below the comparable point in 2019. That was the... more
Aristocrat has ‘momentum across the business,’ Jefferies analyst says
After checking out Aristocrat’s formal presentation at the Australasian Gaming Expo this week, Jefferies Equity Research analyst Kai... more
‘Rising pain’ coming for consumers, Jefferies analysts say
“Consumer sentiment continues to plod higher,” reported a panel of Jefferies Equity Research analysts. It came in half a point higher... more
JP Morgan raises Macau GGR forecast again on recent surge in demand
Investment Bank JP Morgan has for the third time in as many months upgraded its Macau GGR forecast for the remainder of the year, now... more
Analysts tout Wynn after strong second-quarter earnings report
The contrast couldn’t be more different between Wynn Resorts and the other major Las Vegas Strip operators. The difference sent Wall... more
JP Morgan highlights “strikingly large” gap between Singapore’s two IRs as Resorts World Sentosa falls to all-time low market share
Investment bank JP Morgan on Friday whacked Singapore’s Resorts World Sentosa (RWS) for what it described as a “strikingly large” gap... more