Tag: Analyst
Analyst: August in Macau “largely as expected”
Calling Macanese casino business in the first weeks of “largely as expected,” Jefferies Equity Research analyst Andrew Lee noted an upward... more
Analyst: Gaming stocks trading well below average
Macroeconomic worries are weighing on gaming stocks, according to a Bain analysis released Monday morning. It stated that shares were... more
Analyst: Macau’s crackdown on money exchange having impact
A government crackdown on illegal money exchanges is depressing gambling volume in Macau. That was one of the conclusions of Jefferies... more
Las Vegas Strip in a good position through 2025, analysts agree
Las Vegas tourism is on fire and Wall Street analysts don’t see that slowing down through 2025. Thanks to gaming revenue reports and... more
Pandemic’s effects haunt Chapter 11s
Four years-plus past the onset of the pandemic, corporations are still reeling from its impact, according to a new report from Fitch Group... more
Casino earnings season kicks off Tuesday with Red Rock Resorts
Second-quarter earnings for the gaming industry kick off Tuesday when Red Rock Resorts reports how its Las Vegas casinos are faring, while... more
Analyst: Sports betting up significantly and growing
Gross gaming revenue for online sports betting (OSB) jumped 25 percent in Q2 of 2024, according to Jefferies Equity Research analyst James... more
Analyst: North American igaming projected to end 2024 up 30% and slow in 2025
A Wall Street analyst forecast 30% growth in North American online gaming revenue by the of 2024, followed by slower growth in 2025,... more
Gaming sector underperforming, Truist analyst says
In a wide-ranging preview of second-quarter earnings, Truist Securities analyst Barry Jonas opined that the casino sector “continues to... more
American casinos: Foot traffic, revenue up year over year
In a Sunday investor note, Jefferies Equity Research analyst David Katz began by observing that foot traffic to American casinos is higher... more
