Tag: Analyst
Conference attendees upbeat on gaming stocks
Earlier this week, Jefferies Equity Research wrapped up its Nantucket Consumer Conference. Discussion was effectively dominated by gaming... more
Analyst: New customers alter DraftKings’s prospects
Spurred by an influx of new players to DraftKings, J.P. Morgan analyst Joseph Greff has raised his quarterly revenue projection for the... more
Analyst: North Carolina boffo for online sports betting as USA enjoys a robust May
Only the state of New York recorded bigger numbers for online sports betting (OSB) in May than did North Carolina. This is according to a... more
Analyst: Seminole decision a ‘blueprint’ for California tribes
A Supreme Court ‘pass’ on intervening in the West Flagler Associates lawsuit against Florida’s Seminole Tribe “provides a blueprint for... more
Analyst: Limited upside in Macau for U.S. companies
“Coming slower than expected” was Jefferies Equity Research analyst Andrew Lee’s take on the Macau casino market for June and July, writing... more
Analyst ‘encouraged’ by Penn management
Truist Securities analyst Barry Jonas met with Penn Entertainment executives this week and came away “generally encouraged” by their... more
Analyst: Casino attendance up this year
Jefferies Equity Research analyst David Katz has concluded that casino foot traffic is higher in 2024 than in 2023 and noted that revenue... more
Analyst: Macau revenue to slacken in June
Looking back on May and ahead to the end of June, Jefferies Equity Research analyst Andrew Lee predicted that “moderating revenue could... more
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
