Writer: David McKee
Analyst sees legislative “buzzsaw” for gaming
Pronouncing the current spate of legislative initiatives involving gaming expansion “interesting and exciting,” B Global founder Brendan... more
BetMGM execs: “Astounding” growth
“We are incredibly excited about our business and our outlook.” That was how BetMGM CEO Adam Greenblatt concluded a marathon earnings call,... more
NIGC counsel steps down
Michael Hoenig, general counsel for the National Indian Gaming Commission, is leaving office effective Jan. 27. “It is with mixed... more
Analyst to Macau: Show me the money
Don’t buy into the Chinese New Year (CNY) hype. That was one of the key takeaways from Deutsche Bank analyst Carlo Santarelli’s skeptical... more
Boyd gets boost from Wall Street analyst
Citing “unappreciated growth,” Credit Suisse analyst Ben Chaiken initiated coverage of Boyd Gaming with an Outperform rating. He set a... more
Pay raises unlikely to hurt casinos’ bottom line
This spring, Culinary Union Local 226 and Las Vegas Bartenders Union Local 165 contracts with major Las Vegas casino companies will expire.... more
Analyst “still positive” on gaming despite economy
“Waiting for Godot” was how Truist Securities analyst Barry Jonas characterized the current wait-and-see attitude toward macroeconomic... more
Gaming “adequately” prepared for recession, Fitch opines
Fitch Ratings, expecting a 2023 downturn in gambling revenues, said yesterday that casino companies were “favorably [positioned] to weather... more
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
