Tag: Analyst
Analyst: Macau’s slow September start predictable
With no more summer holidays, September’s slow start in Macau’s casinos is expected, according to Jefferies Equity Research analyst Andrew... more
Investors remain concerned about Las Vegas year-over-year comps through 2024
Though investors are concerned that the most recent gaming revenue report showing a year-over-year decline could continue through the end... more
Analyst: Volatility past, growth ahead for gambling.com
In a Thursday investor note, Jefferies Equity Research analyst David Katz charted a promising future for gambling.com Group. The... more
Analyst: Wynn stock represents a “good risk-reward”
J.P. Morgan analyst Joseph Greff cautioned investors not to be fooled by the underperformance of Wynn Resorts stock. It “represents a good... more
August revenues don’t improve Macau outlook
Gambling revenue in Macau are no longer expected to recapture pre-COVID levels, thanks to a steep decline in high-roller play. That’s among... more
Strong Labor Day weekend in Las Vegas to make up for Strip’s poor July gaming numbers
A slight drop in July tourism numbers and a 15% decrease in gaming revenue in Las Vegas aren’t slowing expectations for a strong... more
Gaming faces both setbacks and advances in three statehouses
Brendan Bussmann, founder of the B Global consultancy, gave one of his periodic legislative updates Wednesday. It came at the tail end of a... more
Expectations lower for gaming stocks the rest of 2024: analyst
J.P. Morgan issued a note to gaming investors Monday citing “decelerating trends as consumer spending and macro economy slow.” Those... more
Analyst: Promos dampen Macau outlook
Gambling revenue in Macau is heading into a gentle September decline prior to reviving for the Golden Week holidays. That’s the forecast of... more
Analyst high on Penn Entertainment and ESPN Bet
Penn Entertainment “grows ever closer to introducing ESPN Bet enhancements to the market as [management] makes strides toward realizing the... more
