Tag: Analyst
Las Vegas Convention Center expansion will spur tourism growth, analyst says
The completion of the Las Vegas Convention Center’s $600 million renovation later this year lines up with the optimism casino companies... more
Earnings season kicks off for casino operators
Las Vegas Sands will be the first casino operator to hold a call with Wall Street analysts Wednesday as third-quarter earnings kick off.... more
Analyst predicts 2026 comeback for Las Vegas
Weakness in Las Vegas will continue through the third quarter, but the fourth quarter “could be better,” wrote Truist Securities... more
Aristocrat gains momentum off G2E as Strip readies for Q1 comeback, analyst says
Feedback from Global Gaming Expo has augured potential market-share gains by Aristocrat Leisure. That was the take of Jefferies Equity... more
Early Labor Day helped casinos’ August, not September
“Early Labor Day kept gamblers away,” read the headline on a Jefferies Equity Research investor note. Its findings for lackluster... more
Wall Street Bets: Third-quarter earnings, prediction markets, U.S. gaming trends
Forecasting third-quarter earnings reports J. P. Morgan’s Dan Politzer looked at the upcoming third-quarter earnings reports: “For 3Q... more
Gaming companies lauded ahead of third-quarter earnings
J.P. Morgan analysts praised Wynn Resorts, Station Casinos, and Rush Street Interactive ahead of third-quarter earnings calls. Las Vegas... more
After New York casino license withdrawal, analyst says MGM shifts growth elsewhere
A Wall Street analyst said MGM Resorts International’s focus should shift to growth projects elsewhere after it withdrew its application... more
MGM withdrawal boosts Resorts World’s New York license odds but also raises questions over potential returns, analyst says
The shock announcement by MGM Resorts this week that it was withdrawing from the race to win one of three possible full casino licenses in... more
Wall Street analysts parse G2E hot topics: prediction markets, Strip performance, REITs
Prediction markets, a Las Vegas Strip slowdown, and the mergers-and-acquisitions “party” for real estate investments trusts were among... more
