Tag: Analyst
Buoyed by record performance on Las Vegas Strip, MGM Resorts generates third-quarter revenue of $3.4 billion
MGM Resorts International’s Las Vegas Strip properties are raking in revenue in record numbers. The gaming operator Wednesday reported its... more
Strong Strip gaming win pushes September revenues in Nevada
Led by an 8.25% increase in Las Vegas Strip gaming revenue and increased visitation in September, Nevada posted its 19th consecutive month... more
Las Vegas Sands’ Singapore investment paying dividends
Las Vegas Sands’ CEO Rob Goldstein said Wednesday that a $1 billion investment underway at Marina Bay Sands in Singapore is paying... more
Las Vegas expected to show slower earnings in third quarter
Gaming companies will report third-quarter results over the next two weeks and one Wall Street analyst predicted that while earnings... more
G2E: Addition of igaming an essential part of revenue growth
The adoption of igaming is the best way to increase total gaming revenue, but states remain unlikely to rush toward it, a veteran industry... more
Wynn Resorts hopeful about Macau, ready for Massachusetts sports betting
Executives of Wynn Resorts expected eight submissions for six casino licenses in Macau, meaning two challengers in addition to the six... more
Bally’s Chicago drives analyst optimism
Deutsche Bank initiated coverage of Bally’s Corp. yesterday, placing a “Hold” rating on the stock (ticker symbol BALY) and a price target... more
New Macau policy cheers Wall Street
Stocks of four publicly traded Macau casino concessionaires trended sharply upward on the Dow Jones and Nasdaq this morning upon news that... more
Great Canadian Gaming: Next year looks great
Fitch Ratings recent B+ rating on Great Canadian Gaming Corp.’s long-term debt reflected optimism in the company, which is owned by Apollo... more
Wynn booming in Vegas, bottomed out in Macau
So upbeat is Credit Suisse analyst Ben Chaiken on Wynn Resorts that he sent his price target into the stratosphere, predicting the... more
