Writer: David McKee
Analyst: Grover Gaming a billion-dollar boon to Light & Wonder
Light & Wonder’s $1 billion purchase of pull-tab specialist Grover Gaming met with a favorable review from Macquarie Securities... more
Macau revenue accelerates, Jefferies analyst says
Gambling revenue in Macau could accelerate as much as 14 percent this month, according to Jefferies Equity Research analyst Anne Ling. She... more
Analyst: Las Vegas is in for a ‘choppy summer’
Tough year-over-year comparisons and seasonal fluctuations will make for a “choppy summer” in Sin City. That was the word from Truist... more
Gaming companies descend on Nantucket for summit
Numerous casino companies, along with gaming manufacturers and sports betting operators, are coming to Nantucket June 17 and 18 for the... more
Litigation uncertainty mars Light & Wonder’s Australian outlook, J.P. Morgan analyst says
Light & Wonder game installations are on the upswing in Australia. That is according to a J.P. Morgan investor note penned by analyst... more
Analyst: Consumers visit casinos less than in 2019, but spend more
Visitation to United States casinos was up 2.3 percent in May, according to Jefferies Equity Research. But it was down 9.2 percent from... more
Aristocrat taking market share, Jefferies analyst says
Aristocrat Leisure recorded a four percent gain in social-casino market share in May, while its competitors lost four percent. That was the... more
Despite underperformance, analyst “cautiously optimistic” for gaming
Calling 2024 an “underperformance” year for the casino industry, Macquarie Equity Research analyst Chad Beynon said he was... more
Las Vegas room rates softening, Truist analyst says
Following room-rate increases in April, Truist Securities analyst Barry Jonas saw them soften through May and into June on the Las Vegas... more
Jefferies analyst sees “new product momentum” for Aristocrat
Citing an April improvement in gross gaming revenue, Jefferies Equity Research analyst Kai Erman said he gained confidence in Aristocrat... more
