Writer: David McKee
Arizona sports betting revenue skyrockets in April
Sportsbooks in Arizona generated revenue of $63.3 million from handing $656 million during April, the Arizona Department of Gaming... more
Analyst ‘encouraged’ by Penn management
Truist Securities analyst Barry Jonas met with Penn Entertainment executives this week and came away “generally encouraged” by their... more
Analyst: Casino attendance up this year
Jefferies Equity Research analyst David Katz has concluded that casino foot traffic is higher in 2024 than in 2023 and noted that revenue... more
Analyst: Macau revenue to slacken in June
Looking back on May and ahead to the end of June, Jefferies Equity Research analyst Andrew Lee predicted that “moderating revenue could... more
New York sports betting soars in May
Revenue from online sports betting in New York State shot up 34 percent in May. Handle increased even more: 45 percent. The high hold of... more
Illinois casinos rebound in May
Casinos in Illinois broke a lengthy streak of same-store revenue declines last month. Two casinos, Bally’s in Chicago and Walker’s... more
Penn unmoved by investor demands
Top executives of Penn National Gaming ignored a recent letter from activist investors during a meeting with J.P. Morgan analyst Joseph... more
Analyst expects DraftKings stock to soar
Jefferies Equity Research analyst David Katz met with executives of DraftKings on Monday and found them “bullish,” despite last... more
Las Vegas Sands: Londoner disrupting Macau results
Las Vegas Sands’s long-running renovation and reinvention of Sands Cotai Central into The Londoner is causing “disruption” in the... more
Venerable Louisiana riverboat casino to move ashore in Baton Rouge
Belle of Baton Rouge, 30-year-old sister ship to Queen Casino in Baton Rouge, is slated for replacement. Gaming & Leisure Properties... more
