Writer: David McKee
Analyst: More OSB tax hikes coming
Illinois isn’t the first state to raise taxes on online sports betting (OSB) purveyors and it won’t be the last. That was the... more
Analyst: Rent hikes coming to Caesars
Vici Properties is entering a “challenging market environment with few catalysts” for merger-and-acquisition activity. That’s the... more
Analyst: New York OSB a low-return business
Online sports betting operators (OSB) in New York State are spending an average of 22 cents out of every dollar they make on promotional... more
Analyst: AI coming to gaming forefront
DraftKings, Light & Wonder, and Station Casinos are leading the gaming sector in making use of artificial intelligence (AI), according... more
Analyst: “Malaise” afflicts regional casinos
Caught in a pincer between shrinking consumer discretionary dollars and a change in customers’ spending priorities, regional casinos are... more
Hard Rock denies reports of acquisition interest in Australia’s Star Entertainment
An “urgent” statement by Hard Rock International pushed back Monday afternoon against media reports of an attempted buyout of... more
“Size matters” in manufacturing sector, says analyst
Meeting with a quintet of gaming-equipment manufacturers during a recent pilgrimage to Las Vegas, Truist Securities analyst Barry Jonas... more
Analyst: Vegas Strip “resilient,” but locals “shakier”
Truist Securities analyst Barry Jonas returned from meeting top casino executives last week with a mixed view of Las Vegas’ prospects.... more
Analyst: Are online operators really promoting less?
On Wednesday, Deutsche Bank analyst Carlo Santarelli reported that during the first quarter of the year, “We continued to hear that... more
Analyst warns of “volatility” in Vegas
Reflecting on the first quarter of 2024, Deutsche Bank analyst Carlo Santarelli wrote that it was one of “interesting stock dynamics”... more
