Writer: David McKee
Consumers still snubbing Vegas for regional casinos, analyst says
For Wall Street, gaming “remains out of favor,” according to Truist Securities analyst Barry Jonas. But he described the green shoots he... more
Monarch has best first quarter ever, management says
Profits widened dramatically at Monarch Casinos & Resorts in the first quarter of 2026. The company reported a profit of $27.6 million,... more
Prediction-market fears dominate Atlantic City conclave
Despite uncertainty about the macroeconomic picture, casino-industry leaders believe the business is “well-positioned” in the near term.... more
Kentucky: Historical horse racing devices revenue surges 14% in February
Historical horse racing devices (HHRs) in Kentucky saw 14% more revenue in February. On a same-store basis, minus the Owensboro and... more
New casino competition continues to batter Virginia HHR revenue in March
Revenue for historical horse racing machines, or HHRs, in Virginia dipped 1.7 percent in March. However, on a same-store basis, the... more
Las Vegas encouragement mixes with caution, Truist analyst says
Although Las Vegas room rates are soft in April, they’re solidifying in May and June. So reported Truist Securities analyst Barry... more
‘Weakness’ persists in Las Vegas, now affecting locals properties, Jefferies analyst says
Group and convention business in Las Vegas is performing as expected, Jefferies Equity Research analyst David Katz wrote in an April 6... more
Pure Canadian Gaming acquisition “healthy” for Vici, analyst says
Truist Securities analyst Barry Jonas applauded Vici Properties’s purchase of two Canadian casinos and two hotels. His views were expressed... more
Bally’s eyes soft opening for Chicago resort
Caution was the watchword from Truist Securities analyst Barry Jonas, as he reviewed Bally’s Corp. in a March 26 investor note. He... more
Truist analyst visits Vegas, finds it stagnant, but hopeful
Truist Securities analyst Barry Jonas went to Las Vegas in mid-March and reported back in a March 23 investor note. His impressions were... more
