Tag: Analyst
Analyst: IGT sale ‘a positive step’ for company
International Game Technology (IGT) having closed the sale of its gaming business, Jefferies Equity Research analyst David Katz called it... more
Analyst: Strip declines in revenue and visitation portend ‘risk to the downside’
A Wall Street analyst said declines in gaming revenue and visitation numbers on Las Vegas Strip raise concerns over whether casino... more
Wall Street Bets: Gaming stocks, IGT, Las Vegas Strip, New York OSB
Gaming industry overview Dan Politzer of J.P. Morgan on June 26 released an overview of gaming stocks: “Macau was one of the more... more
Las Vegas’ drop in tourism and gaming revenue shows no sign of slowing
The drop in visitation to Las Vegas and decline in hotel occupancy show no signs of slowing down over the summer, considering the reports... more
Las Vegas Sands “a battleground stock,” J.P. Morgan analyst says
Daniel Politzer’s debut as J.P. Morgan’s lead gaming analyst brought a plethora of reactions. Politzer summarized the feedback in a June 26... more
Light & Wonder/Aristocrat litigation is “background noise,” Jefferies analyst says
The latest court decree in Aristocrat Leisure’s ongoing lawsuit against Light & Wonder “is an incremental positive” for the latter. So... more
Gaming sector an attractive risk, J.P. Morgan analyst says
Despite resilience among United States consumers, “The current economic environment is marked by elevated uncertainty, with the combination... more
Wall Street Bets: Sports betting taxes, BetMGM, lodging trends, regional properties
Taxes on sports betting could dampen growth Fitch Ratings June 16 issued a note regarding recent and proposed sports betting tax hikes,... more
Conference: Las Vegas prospects “less bearish than feared”
Regional casinos are stable and “commentary on the summer downside in Las Vegas is less than feared.” That’s how Jefferies Equity... more
Analysts: ‘Tariff impact arrives’
Higher prices are beginning to affect consumer sentiment, according to a June 18 investor note by Jefferies Equity Research. “Spending data... more
