Tag: Analyst
Analyst favors gaming to emerge from winter of discontent
Although the S&P Index has risen six percent so far this year, the increase hasn’t been reflected in gaming stocks. Casinos are... more
JP Morgan: Macau’s daily GGR down 5% through first 21 days of April
Macau’s gaming operators have recorded combined gross gaming revenues of MOP$12.5 billion through the first 21 days of April, with the... more
Wall Street analysts weigh in on Sands stock after earnings consensus missed
Shares of Las Vegas Sands Corp. have fallen sharply since the company announced its first-quarter earnings Wednesday that Wall Street... more
Analyst: Igaming to overtake Atlantic City, but when?
It’s only a matter of time before Atlantic City’s casinos are playing second fiddle to igaming, said Deutsche Bank analyst Carlo... more
Analyst: Vegas a blueprint for labor talks
After meeting with representatives of the Culinary Union and its parent, Unite Here, Truist Securities analyst C. Patrick Scholes “came... more
Entain’s first-quarter revenue lags analysts’ predictions
Sports betting and gambling company Entain held its ‘Q1 Trading Update’ analyst call today and reported slightly better performance... more
Analyst: Inspired Entertainment “increasingly attractive”
Gaming manufacturer Inspired Entertainment is reportedly “back on track,” according to a Tuesday investor note by Barry Jonas of Truist... more
Bank of America updates casino earnings estimates ahead of this week’s kickoff
First-quarter earnings season kicks off Wednesday for the gaming industry when Las Vegas Sands Corporation reports. Bank of America... more
Analyst: ESPN Bet a drag on Penn
Deutsche Bank analyst Carlo Santarelli lowered his price target on Penn Entertainment stock Monday, dropping it to $19 per share from $22,... more
Citi: Early adoption of smart gaming tables to see MGM China maintain “technological advantage” over Macau peers through 2024
MGM China will maintain a technological advantage over its Macau peers throughout the remainder of this year and possibly into 2025 due to... more