Writer: David McKee
Century Casinos narrows loss, may be in play
Century Casinos posted $12.3 million in red ink in the second quarter, a 70 percent reduction from the previous year. The company reported... more
Light & Wonder to delist from Nasdaq, trade shares solely in Australia
Executives of Light & Wonder employed their second-quarter-earnings call to announce the board’s decision to pursue delisting from... more
Light & Wonder revenue down, profit up in second quarter
Game manufacturer Light & Wonder reported second-quarter earnings on August 6. Revenues were one percent lower than in the parallel... more
Casino growth ‘hard to come by,’ Jefferies analyst says
Gambling’s growth potential lies in the digital sphere, as demonstrated by MGM Resorts International and Caesars Entertainment. That was... more
Vici downplays Vegas’ woes in earnings call
Despite the July 30 revelation of an 11% drop in visitation to Las Vegas in June, Vici Properties Chief Operating Officer John Payne... more
Vici Properties increases revenue, profit in second quarter
Scoring an even billion dollars in second-quarter revenues, Vici Properties marked a 4.6% increase in that category. Profits for the real... more
‘Cool’ second quarter earnings marked by operator introspection: analyst
Quarterly earnings reports so far have been positive, according to Jefferies Equity Research analyst David Katz in a July 27 investor note.... more
Penn getting weak regional boost, Jefferies analyst says
Sticking with a “Hold” rating on Penn Entertainment stock, Jefferies Equity Research analyst David Katz reported weakness in Penn’s... more
Enthusiasm for Las Vegas Strip ‘low,’ Deutsche Bank analyst says
After taking feedback from investors, Deutsche Bank analyst Steven Pizzella reported, “Sentiment for the Las Vegas Strip remains low,... more
Analysts: Inflation taking a toll on consumer spending
Although recent geopolitical stresses have faded, Jefferies Equity Research analysts wrote, “Inflation is starting to feature as a bigger... more
