Writer: David McKee
Light & Wonder makes $1 billion acquisition
Game manufacturer Light & Wonder has made a $1 billion purchase of North Carolina-based Grover Gaming, the latter announced on Feb. 18.... more
Monarch up across the board, but analyst reactions mixed
“Our performance in the fourth quarter and full year clearly underpins the effectiveness of Monarch’s operating strategies and our... more
New York sports betting rebounds in January
Hold percentages returned to 10 percent for New York state’s online sports betting providers last month. This brought about a 27 percent... more
Analyst: Casino-goers show up less, spend more
In studying January 2025 casino visitation, Jefferies Equity Research analyst David Katz came to the conclusion that it was flat compared... more
Aristocrat on the move, Jefferies analyst says
Jefferies Equity Research analyst Kai Erman raised his projections for Aristocrat Leisure after seeing the Australian company take market... more
Aristocrat, Light & Wonder continue to dominate: analyst
Reviewing the first quarter since the Dragon Train injunction, Jefferies Equity Research analyst Kai Erman concluded that Aristocrat... more
Analyst see cause for regional optimism, outlines macro effects on gaming
Looking at end-of-the-year numbers, Truist Securities analyst Barry Jonas concluded that “regional trends were improving into year-end... more
Outside nominees for Penn board have credibility in gaming, Jefferies analyst says
Saying it wants to “restore accountability” to Penn Entertainment, an activist shareholder has nominated three outside candidates to... more
Analyst: Vici ‘skeptical’ of tribal opportunities, more bullish on Caesars Forum and NYC area
On January 28, Deutsche Bank hosted an investor dinner with unnamed executives of real estate investment trust Vici Properties. “Overall,... more
One size of growth doesn’t fit all, Deutsche Bank analyst says
“The domestic regional gaming environment is often discussed as a flat to slightly positive growth market, as measured by gross gaming... more
