Writer: David McKee
Macau growth likely, U.S. more constrained in 2025, Jefferies analyst says
Casinos in the United States’s regional markets will “remain competitive and choppy.” Las Vegas, likewise, is a mixed bag for major... more
Bettors win, DraftKings loses in fourth quarter, J.P. Morgan analyst says
In a January 2 investor note, J.P. Morgan analyst Joseph Greff recalibrated his fourth-quarter estimates for DraftKings’s performance.... more
F1 disappointment prompts analyst downgrade of Caesars Q4
J.P. Morgan analyst Joseph Greff ratcheted down his fourth-quarter Las Vegas Strip cash-flow projection from Caesars Entertainment. The... more
Analyst impressed by new Virginia casino
The Rose would, by any other name, smell just as sweet to Truist Securities analyst Barry Jonas. In a December 18 investor note, he gave... more
Senate hearing on sports betting takes unexpected turn, Deutsche Bank analyst says
After describing himself as “a libertarian when it comes to gambling,” Sen. John Kennedy of Louisiana hijacked a U.S. Senate Judiciary... more
Analyst braces shareholders for Entain AML fine
Britain-based Entain plc, co-owner of BetMGM, began the week by facing the criminal-penalty phase of a probe into its anti-money-laundering... more
Macau revenues accelerate in December, Jefferies analyst says
Casino revenues in Macau are outpacing last summer’s and those in November. But they’re 2.9 percent off Wall Street projections,... more
Jefferies analyst applauds OddsJam purchase
Gambling.com’s acquisition of business-to-consumer company OddsJam received a thumbs-up from Jefferies Equity Research analyst David... more
J.P. Morgan analyst upbeat on ESPN Bet
Penn Entertainment and its embattled ESPN Bet subsidiary received boosts from J.P. Morgan analyst Joseph Greff in a December 12 investor... more
Xi visit dampens Macau gambling, Jefferies analyst says
Anticipation of a presidential visit to Macau by Chinese leader Xi Jinping has put a damper on early December casino revenues in the... more
