Tag: Analyst
Las Vegas room rates trend up as summer visitors flock to the city
As Las Vegas handles a Memorial Day weekend crowd projected at nearly 350,000 visitors spending more than $430 million, surveys show room... more
Analyst: Rent hikes coming to Caesars
Vici Properties is entering a “challenging market environment with few catalysts” for merger-and-acquisition activity. That’s the verdict... more
Analyst: New York OSB a low-return business
Online sports betting operators (OSB) in New York State are spending an average of 22 cents out of every dollar they make on promotional... more
Analyst: “Malaise” afflicts regional casinos
Caught in a pincer between shrinking consumer discretionary dollars and a change in customers’ spending priorities, regional casinos are... more
“Size matters” in manufacturing sector, says analyst
Meeting with a quintet of gaming-equipment manufacturers during a recent pilgrimage to Las Vegas, Truist Securities analyst Barry Jonas... more
Analyst: Vegas Strip “resilient,” but locals “shakier”
Truist Securities analyst Barry Jonas returned from meeting top casino executives last week with a mixed view of Las Vegas’ prospects. The... more
Analyst: Are online operators really promoting less?
On Wednesday, Deutsche Bank analyst Carlo Santarelli reported that during the first quarter of the year, “We continued to hear that... more
Analyst warns of “volatility” in Vegas
Reflecting on the first quarter of 2024, Deutsche Bank analyst Carlo Santarelli wrote that it was one of “interesting stock dynamics” for... more
Bank of America recaps Q1’s up-and-down gaming earnings
Bank of America released its scorecard for first-quarter earnings in which six gaming companies beat expectations, four missed, and one was... more
Analyst not discouraged by Inspired’s missing projections
Inspired Entertainment came up short on its first-quarter earnings, with $62 million in revenue representing a three percent miss of Wall... more
