Writer: David McKee
No turnaround yet for Las Vegas, analyst says
Although casino companies on the Las Vegas Strip have been predicting an autumnal “inflection point,” it’s not showing up yet, Truist... more
Industry veteran tapped to run Gilley’s in Wichita, opening in December
Tim Merrill, general manager of the new Gilley’s-branded gambling hall in Park City, Kansas, says the venue will be “a family destination,... more
New Kansas gambling parlor announced
A Gilley’s-branded slot parlor will open near Wichita in December. It was announced on August 20. Phil Ruffin, owner of Treasure Island and... more
Bally’s result ‘windy,’ Truist analyst says
A soft opening may be in the cards for Bally’s Chicago, the $1.8 billion megaresort being financed and overseen by Gaming & Leisure... more
Bally’s closes Chicago IPO
On August 14, Bally’s Corp. disclosed the ending of its initial public offering to partially finance $1.7 billion Bally’s Chicago.... more
Hollywood Joliet draws Wall Street raves
A quartet of Wall Street gaming analysts attended the August 11 debut of Penn Entertainment’s new Hollywood Joliet in Illinois. Their... more
Casino visitation down in July, analyst says
Foot traffic in United States casinos plunged 9.9 percent in July, falling 19.9 percent below the comparable point in 2019. That was the... more
Aristocrat has ‘momentum across the business,’ Jefferies analyst says
After checking out Aristocrat’s formal presentation at the Australasian Gaming Expo this week, Jefferies Equity Research analyst Kai Erman... more
‘Rising pain’ coming for consumers, Jefferies analysts say
“Consumer sentiment continues to plod higher,” reported a panel of Jefferies Equity Research analysts. It came in half a point higher for... more
Bally’s posts broad revenue increases in Q2
For the third straight quarter, Bally’s Corp. eschewed a quarterly earnings call. A press release summarized second-quarter results.... more
