Writer: David McKee
Sports betting on the clock in statehouses
As state legislatures continue to ponder gaming expansion, “a majority of these bodies are hitting their home stretch,” declared B Global... more
Penn digital depresses share-price target
Penn Entertainment’s price target was reduced by $5 per share, from $39 to $34, by J.P. Morgan senior analyst Joseph Greff this morning.... more
Macau back in 2024, analyst predicts
J.P. Morgan senior analyst Joseph Greff lifted his Las Vegas Sands first-quarter estimates quite a bit, but his target price for the stock... more
Boyd nudged upward by Wall Street
Citing “better than previously modeled” casino revenues from the regional circuit, J.P. Morgan senior analyst Joseph Greff raised his... more
MGM buoyed by Las Vegas Strip, Macau, Japan
Nudging his price target for MGM Resorts International a dollar upwards to $55 per share, J.P. Morgan analyst Joseph Greff cited the... more
Macau lifts Wynn Resorts
Citing “better than previously modeled Macau” gross gambling revenues, J.P. Morgan analyst Joseph Greff raised his 2023 and 2024 cash-flow... more
BetMGM awarded responsible-gaming kudos by Canadian nonprofit
In Jersey City on Thursday, BetMGM received RG Check acknowledgement from the Responsible Gaming Council (RGC), a Canadian nonprofit. The... more
Light & Wonder hires new Americas managing director
Light & Wonder has hired Niaz Nejad to be its new managing director of gaming for the Americas. Nejad will assume her new role later... more
Analyst bullish on Wynn Resorts
Citing “multiple drivers of fundamental upside,” Deutsche Bank analyst Carlo Santarelli raised his price target on Wynn Resorts to $134 per... more
Legislative prospects gloomy for expansion of online betting in the U.S.: analyst
In the course of a Friday investor note on DraftKings, igaming, and online sports betting (OSB), Deutsche Bank senior analyst Carlo... more
