Tag: Analyst
Xi visit dampens Macau gambling, Jefferies analyst says
Anticipation of a presidential visit to Macau by Chinese leader Xi Jinping has put a damper on early December casino revenues in the... more
Analyst hails Aristocrat’s social casino growth
Jefferies Equity Research analyst Kai Erman put a Buy rating on Aristocrat Leisure, citing the strength of its social-casino products, in a... more
New lottery-only focus bolsters IGT’s rating
Fitch Ratings placed a BB+ ranking on International Game Technology (IGT) and on IGT Lottery Holdings. The move was a reaction to the $4... more
Analysts expect decline in Strip gaming revenues through end of year
After a fourth consecutive year-over-year monthly decline in Las Vegas Strip gaming revenue, analysts don’t expect to see any turnaround... more
Everi’s subpar results don’t matter, Jefferies analyst says
Third-quarter numbers for manufacturer Everi Holdings came in below Wall Street expectations. But due to the pending acquisition by Apollo... more
Macau looks for strong close to 2024, Jefferies analyst says
According to a December 2 investor note from Jefferies Equity Research, gambling revenues from casinos in Macau “moderately outperformed... more
Analyst optimistic after sports betting operators endure difficult October
The nation’s sportsbooks are happy October is behind them as a plethora of NFL favorites covering the point spread took a toll on... more
Analyst taps Galaxy, Sands as chief beneficiaries of Macau recovery
Making her debut covering Macau-facing stocks for Jefferies Equity Research, analyst Anne Ling highlighted Galaxy Entertainment and Las... more
Analyst: Jump in football handle fueled by promotions boost
A Deutsche Bank analysis has found that while sports betting handle is up 15% in the four states it evaluated, the expansion has been... more
Citi: History says Macau government’s 2025 US$30 billion GGR estimate could be wildly understated
The Macau government’s recent estimate that industry GGR will reach MOP$240 billion (US$30 billion) in 2025 could be wildly understated... more
