Writer: David McKee
New York online sports betting revenue skyrockets
Winnings for New York online sports betting (OSB) operators shot up 53 percent in November on a handle just seven percent higher than in... more
Analyst hails Aristocrat’s social casino growth
Jefferies Equity Research analyst Kai Erman put a Buy rating on Aristocrat Leisure, citing the strength of its social-casino products, in a... more
New lottery-only focus bolsters IGT’s rating
Fitch Ratings placed a BB+ ranking on International Game Technology (IGT) and on IGT Lottery Holdings. The move was a reaction to the $4... more
Everi’s subpar results don’t matter, Jefferies analyst says
Third-quarter numbers for manufacturer Everi Holdings came in below Wall Street expectations. But due to the pending acquisition by Apollo... more
Macau looks for strong close to 2024, Jefferies analyst says
According to a December 2 investor note from Jefferies Equity Research, gambling revenues from casinos in Macau “moderately outperformed... more
Arizona: Sportsbooks show strong results in September
Gross sportsbook revenue in Arizona jumped more than 30 percent in September compared to September 2023, reaching $77.4 million. Handle... more
Analyst taps Galaxy, Sands as chief beneficiaries of Macau recovery
Making her debut covering Macau-facing stocks for Jefferies Equity Research, analyst Anne Ling highlighted Galaxy Entertainment and Las... more
Optimism over GLPI-tribal deal, Deutsche Bank analyst says
Deutsche Bank analyst Carlo Santarelli hiked his price target for Gaming & Leisure Properties Inc. from $49 per share to $54 and raised... more
Analyst wary of Las Vegas locals market
“Despite cautious outlook commentary from locals operators of late,” Wall Street is pursuing aggressive forecasts for Station Casinos... more
Macau exposure now “a negative” for U.S. companies, Jefferies analyst says
Investors in Macau-facing casino companies received some good news November 18. Jefferies Equity Research analyst David Katz reported that... more
