Tag: Analyst
High-end gaming continues to outpace lower tiers in Las Vegas
Las Vegas Strip executives say high-end gaming continues to outpace the lower tiers and the spread could widen even more for some... more
UAE seen as “next gaming frontier” and “Las Vegas of the Middle East”
A new report from CBRE Capital Advisors dubbed the United Arab Emirates the “next gaming frontier” that could generate $8.5 billion,... more
Las Vegas Sands: Londoner disrupting Macau results
Las Vegas Sands’s long-running renovation and reinvention of Sands Cotai Central into The Londoner is causing “disruption” in the company’s... more
Analyst: Illinois sports betting tax hike could trigger other states to follow
A gaming analyst fears an Illinois tax hike for online sports betting could spread to other states, degrading the product and pushing... more
July closing of Mirage could boost room rates, benefit newer, nearby, and comparable properties, analysts say
The closure of the Mirage July 17 and the elimination of 3,000 rooms from the market will create opportunities for neighboring properties... more
Analysts expect little change from Penn following ultimatum
Wall Street analysts were generally unruffled by the Donerail Group’s demand letter that Penn Entertainment put itself up for sale. Penn... more
Analyst: Flutter CFO change non-event
Jefferies Equities Research reiterated a Buy rating Friday for Flutter Entertainment after the company announced that Chief Financial... more
Analyst: Station, MGM both “positioned to outperform”
Training his crystal ball on the future of Las Vegas, Jefferies Equity Research analyst David Katz picked Station Casinos and MGM Resorts... more
Nevada’s record April gaming numbers bolster summer expectations: analysts
Las Vegas casinos, especially those serving higher-end customers, could be in for a good summer, if Nevada’s all-time April record... more
Illinois tax boost takes immediate toll on DraftKings shares
According to J.P. Morgan analyst Joseph Greff, shares of DraftKings declined 11 percent in early trading Tuesday. He attributed the falloff... more
