Writer: David McKee
“Cautious optimism” for Las Vegas, analyst says
In a September 22 investor note, Deutsche Bank analyst Steven Pizzella conceded that Las Vegas “has been relatively weak.” He attributed... more
Accel Entertainment taps new CFO
Effective immediately, Brett Summerer is the new CFO of Accel Entertainment. The announcement, made September 22, was issued by the... more
Best-in-class casinos buoy Monarch, analyst says
Famously media-shy Monarch Casino Resorts CEO John Farahi emerged to meet with Truist Securities analyst Barry Jonas in Denver, Colorado.... more
Churchill Downs bright spot amid “underwhelming” trends, analysts say
Jefferies Equity Research analysts called Churchill Downs “a bright spot amidst underwhelming land-based gaming data.” Their verdict was... more
Virginia HHR revenue jumps in August
According to J.P. Morgan, Virginia historical racing machines (HHR) saw a 10 percent spike in winnings in August. The findings were part of... more
Casino attendance droops in August: analyst
Visitation to United States casinos was down 5.4 percent in August and plummeted 17.5 percent from pre-pandemic 2019. These findings were... more
GLPI tribal deal draws analyst’s approval
Gaming & Leisure Properties Inc. (GLPI) announced a $225 million high-interest loan to the Dry Creek Rancheria of Pomo Indians early on... more
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
