Tag: Analyst
CBRE bullish on MGM Resorts International despite Las Vegas slowdown
CBRE is bullish on MGM Resorts International stock after visiting the Las Vegas Strip operator last week. Strength in MGM’s regional... more
CBRE raises Red Rock Resorts price target
CBRE has raised its stock-price target for Red Rock Resorts, saying the locals casino market is better positioned through 2026 to handle... more
Macau revenue accelerates, Jefferies analyst says
Gambling revenue in Macau could accelerate as much as 14 percent this month, according to Jefferies Equity Research analyst Anne Ling. She... more
Wall Street Bets: Illinois tax increases, Las Vegas outlook, New York OSB, Gambling.com
OSB tax increases in Illinois Jefferies’ David Katz on June 16 looked at how some companies are reacting to the increase of taxes on... more
Analyst: Las Vegas is in for a ‘choppy summer’
Tough year-over-year comparisons and seasonal fluctuations will make for a “choppy summer” in Sin City. That was the word from Truist... more
Gaming companies descend on Nantucket for summit
Numerous casino companies, along with gaming manufacturers and sports betting operators, are coming to Nantucket June 17 and 18 for the... more
Litigation uncertainty mars Light & Wonder’s Australian outlook, J.P. Morgan analyst says
Light & Wonder game installations are on the upswing in Australia. That is according to a J.P. Morgan investor note penned by analyst... more
Analyst: Consumers visit casinos less than in 2019, but spend more
Visitation to United States casinos was up 2.3 percent in May, according to Jefferies Equity Research. But it was down 9.2 percent from... more
Wall Street Bets: AGS, VICI and GLPI, New York OSB, Boyd, Sportradar
Fitch generally positive on AGS Fitch Ratings June 4 assigned a first-time ‘B+’ Issuer Default Rating (IDR) to Bingo Holdings,... more
Las Vegas numbers low but confidence cautiously high, say LVCVA and analysts
Strip casinos announcing layoffs, the decline in visitation and hotel occupancy, and gaming revenue down for three consecutive months... more


