Tag: Las Vegas
Wall Street Bets: Analysts take on Red Rock Resorts, NY licensing, Las Vegas Strip revenue, and more
Red Rock Resorts estimates J. P. Morgan analyst Joseph Greff April 1 issued a statement on Red Rock Resorts. “We are raising our 1Q24,... more
Analysts bullish on Las Vegas in 2024 after February’s Strip revenue record and strong convention business
The record gaming revenue for the Strip and fifth highest revenue month of all time in February have Wall Street analysts bullish on Las... more
Shuttered Western Casino in downtown Las Vegas going back on the market
The Western Hotel & Casino on Fremont Street in downtown Las Vegas was shuttered in 2012 and put up for sale, with no buyers. The... more
Nevada regulators seek answers on Bally’s bid to go private; company details Tropicana closure
The Nevada Gaming Commission approved licenses Thursday for Bally’s executives in connection with the Tropicana Las Vegas, which is set to... more
Acres case study indicates advantage players have edge playing video poker
A new case study indicates that a small population of advantage players can reliably beat casinos and command a disproportionate share of... more
Boyd Gaming details Suncoast renovations in competitive and affluent west Las Vegas
The Suncoast Hotel & Casino opened in 2000 in the affluent Summerlin area of west Las Vegas, where there’s strong gaming competition.... more
Visitors spend more in Las Vegas, don’t let higher prices hinder their experience
Visitors to Las Vegas, wealthier than ever, are gambling and spending more and are satisfied with their experience. They show no signs that... more
Wall Street Bets: Analysts take on casino foot traffic, Aristocrat/NeoGames, Las Vegas Strip room rates
U.S. casino foot traffic In a March 7 note, Jefferies analyst Katz wrote that foot traffic at U.S. casinos in February was down by 1.1%... more
Caesars to feature Chef Rick Bayless restaurants at two properties
Chef Rick Bayless, best known for the PBS series Mexico: One Plate at a Time, is opening two restaurants at Caesars Entertainment... more
Wall Street Bets: Everi/IGT, Melco, Boyd Gaming Golden Entertainment
Everi/IGT The Feb. 29 announcement of Everi Holding’s merger with two International Game Technology units drew keen interest from analysts.... more
