Tag: Analyst
Churchill Downs bright spot amid “underwhelming” trends, analysts say
Jefferies Equity Research analysts called Churchill Downs “a bright spot amidst underwhelming land-based gaming data.” Their verdict... more
Flutter, FanDuel “on the sidelines” of prediction-market scrum, legal expert says
Prospects for traditional sports books in a prediction-market world are mixed, according to legal expert Daniel Wallach. His view was... more
Wall Street Bets: Prediction markets, Las Vegas Strip, Light & Wonder, Caesars
Prediction markets analyzed J. P. Morgan’s Daniel Politzer wrote on September 15 that his firm is “increasingly mixed on the... more
Casino attendance droops in August: analyst
Visitation to United States casinos was down 5.4 percent in August and plummeted 17.5 percent from pre-pandemic 2019. These findings were... more
DraftKings boosted by in-play betting, analyst says
Jefferies Equity Research analyst David Katz perceived “strengthening trends around in-play betting,” or proposition bets, which called... more
Wall Street analyst counters talk about Las Vegas decline
A Wall Street analyst attributed the decline in tourism in Las Vegas to a broader problem in national travel, rather than a specific... more
Wall Street Bets: Prediction markets, hotel revenue, second-quarter revenue
Investors focused on prediction markets David Katz of Jefferies on September 7 in a release wrote that “the focus of investors remains... more
Bank of America conference highlights strength in regional casinos and digital gaming
Las Vegas’s loss is the regional casino operator’s gain. That was one of the messages that came out of the 15th annual Bank of America... more
Las Vegas room rates decline 12% in Q4, lower-end properties impacted most
For all the talk of Las Vegas bouncing back in the fourth quarter, a new report from J.P. Morgan shows Las Vegas room rates are down 12% on... more
Macau GGR now seen hitting US$31.8 billion as Jefferies again upgrades 2025 revenue forecast
Investment bank Jefferies has again upgraded its Macau GGR forecast for 2025, with analysts now expecting gaming revenues to reach MOP$248... more