Writer: David McKee
Fitch issues alert on Bally’s credit
Fitch Ratings put a Rating Watch Negative alert on Bally’s Corp.’s debt Monday. The message follows Bally’s announcement of a $3.2... more
Analyst: IGT sale ‘a positive step’ for company
International Game Technology (IGT) having closed the sale of its gaming business, Jefferies Equity Research analyst David Katz called it... more
Expert discusses Light & Wonder/Aristocrat litigation
“These kind of cases can be nasty,” said independent attorney David A. Boag. “It’s not just, ‘Somebody bumped into my IP.’”... more
New Hampshire casinos can install unlimited VLTs after governor signs gambling expansion into law
Effective immediately, New Hampshire casinos can install unlimited numbers of video lottery terminals (VLT). That is among the provisions... more
Bally’s unveils Bronx designs and budget
“This isn’t a plan on paper. This is a ready-to-go development with community at its core,” proclaimed Bally’s Corp. Chairman Soo... more
Las Vegas Sands “a battleground stock,” J.P. Morgan analyst says
Daniel Politzer’s debut as J.P. Morgan’s lead gaming analyst brought a plethora of reactions. Politzer summarized the feedback in a... more
Light & Wonder/Aristocrat litigation is “background noise,” Jefferies analyst says
The latest court decree in Aristocrat Leisure’s ongoing lawsuit against Light & Wonder “is an incremental positive” for the... more
Gaming sector an attractive risk, J.P. Morgan analyst says
Despite resilience among United States consumers, “The current economic environment is marked by elevated uncertainty, with the... more
Conference: Las Vegas prospects “less bearish than feared”
Regional casinos are stable and “commentary on the summer downside in Las Vegas is less than feared.” That’s how Jefferies Equity... more
Analysts: ‘Tariff impact arrives’
Higher prices are beginning to affect consumer sentiment, according to a June 18 investor note by Jefferies Equity Research. “Spending... more
