Tag: Economy
Sands CEO: Macau gaming market challenged by increased competition, online gambling, and US-China trade war
Las Vegas Sands (LVS) Chairman and CEO Robert Goldstein has bemoaned the lingering impact of the US-China trade war, as well as increased... more
Gaming companies seek workarounds to manage tariff challenges
The pandemic taught slot machine manufacturers the lessons they’re using during the current trade wars created by President Donald... more
Crystal ball hints at changes for Las Vegas visitors, gamblers by 2030
It is perhaps the most constant conversation in the casino industry today — one that generates no shortage of opinions and insights. The... more
Analysts guardedly upbeat on Wynn, Golden as Q1 earnings season wraps
Earnings season wrapped up last week for Las Vegas operators and despite declines in first-quarter gaming revenue and visitation, casino... more
Tariffs dominate Light & Wonder Q1 earnings call
A May 7 first-quarter earnings call for Light & Wonder was dominated by issues that fell outside of that time frame — namely,... more
Gaming execs remain unfazed by economic fears
Leaders from several U.S. major gaming operators said during recent earnings calls they weren’t seeing broader economic fears pan... more
Pennsylvania: Churchill Downs’ Presque Isle Casino at risk of closing over skill games competition
When Presque Isle Downs & Casino opened in 2007, not everyone welcomed the new attraction with open arms. But as time went on, the... more
Can the north end of the Las Vegas Strip make a comeback?
Nearly two decades ago, the north Strip was poised to become the resort corridor’s crown jewel. Massive casino-hotel complexes such as... more
Local officials hope hotel opening at Wind Creek Chicago Southland boosts traffic
As Homewood officials tout the village’s growth, some small business owners are hopeful the recent opening of the Wind Creek Chicago... more
Trump tariff turmoil could hurt gambling business — but also might help it expand: panel
President Donald Trump’s tariffs, the economic upheaval they have caused and drastic spending cuts being carried out by his... more
