Writer: David McKee
Analyst sees opportunity in DraftKings drop-off
When DraftKings’s stock dipped Wednesday following a multiplicity of adverse headlines, J.P. Morgan analyst Joseph Greff saw an... more
Galaxy chief credits EZ Baccarat with improved performance
Reflecting on Galaxy Gaming’s improved profitability and revenue in the final quarter of 2023, CEO Matt Reback gave his company’s EZ... more
Galaxy’s fourth quarter swings loss to profit
Las Vegas-based game-maker Galaxy Gaming recorded a profit of $55,000 in the fourth quarter of 2023. The company sustained an $820,000 loss... more
Sportradar quarterly numbers boost stock
Shares of Sportradar stock rose 11 percent following the company’s disclosure of its fourth-quarter numbers to Wall Street. One investment... more
Light & Wonder hits back at Aristocrat lawsuit
“Sue-sue-studio.” Riffing on Phil Collins’s song “Sussudio,” that was how Truist Securities analyst Barry Jonas boiled... more
Analyst: Golden Entertainment “back to the basics”
On Friday, Truist Securities initiated stock coverage of Golden Entertainment. Dubbing the company the “Silver State Warriors,” analyst... more
Boyd: No impact from Durango yet
Station Casinos’s new Durango Resort has been a non-factor for Boyd Gaming, according to CEO Keith Smith and CFO Josh Hirsberg. They made... more
Caesars CEO: F1 will be more profitable this year
Caesars Entertainment CEO Tom Reeg appeared yesterday at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum... more
Analysts: “Dragon wars” colors outlook for Aristocrat
What Jefferies Equity Research analysts in Australia called “Dragon wars” have broken out between Aristocrat Leisure and Light &... more
Analyst: FanDuel’s U.S. success lifts parent-company Flutter
FanDuel isn’t publicly traded, but the investment community got an indirect look into its finances today. That view came courtesy of a J.P.... more
