Writer: David McKee
Top analyst boosts “continued upside” of Macau
J.P. Morgan gaming analyst Joseph Greff, in a wide-ranging presentation, stressed the “continued upside” for Macau, stressing the... more
Macau skeptic turns optimistic
“We see Macau stocks as excellent plays on China reopening,” wrote J.P. Morgan analyst Joseph Greff in a Thursday investor note. The... more
Gaming and Leisure summit participants bullish on future business
Bally’s Corp. expects a 71 percent return on investment from its $70 million temporary casino at Medinah Temple in Chicago. That was the... more
Churchill Downs receives mixed-message stock rating
J.P. Morgan investment bankers initiated coverage of Churchill Downs with analyst Omer Sander taking a “neutral” stance on the stock.... more
MGM Resorts International gets an analyst upgrade
“Welcome back to the show,” wrote Truist Securities analyst Barry Jonas as he put a “Buy” rating on MGM Resorts International,... more
Missouri: New Caruthersville casino under way
Century Casinos broke ground last week, the company announced today, on its new land-based casino in Caruthersville, Missouri. The $51.9... more
Analyst quantifies California sports-betting flop and prospects in five other states
More registered California voters signed petitions to authorize California’s Proposition 27 to legalize online sports betting (OSB) than... more
Full House posts loss, emphasizes Waukegan
Top executives of Full House Resorts reiterated that their Nov. 7 earnings call was the last that would be held before the oft-postponed... more
Bally’s cautious as profits thin
Third-quarter profits for Bally’s Corp. narrowed substantially, from $61 million last year to $593,000 this year. Even so, CEO Lee Fenton... more
Rush Street Interactive misses target, but reduces losses
Rush Street Interactive posted a pre-tax loss of $20.8 million on $148 million in revenue in the third quarter, but “made tremendous... more
