Writer: David McKee
Analyst: Penn darkest before the dawn
Return on investment (ROI) from Penn Entertainment’s interactive operations will get worse before it gets better. That’s the thesis of a... more
MGM, Sands see Macau shifts
Top executives of both MGM Resorts International and Las Vegas Sands met in Toronto with J.P. Morgan analyst Joseph Greff. MGM sent CFO... more
Analyst: MGM Resorts International “compelling”
Deutsche Bank analyst Carlo Santarelli met with MGM Resorts International CEO Bill Hornbuckle and CFO Jonathan Halkyard earlier this week... more
Analyst: Unhealthy horses were running at Churchill Downs
Truist Securities analyst Barry Jonas took a second look at Churchill Downs after the company suspended horse racing at its titular track... more
Review of 2023 state legislative sessions sees little pro-gaming progress
Most state legislatures have adjourned and “it is a time to reflect on the sausage-making process.” So wrote B Global founder Brendan... more
Analyst: Tougher Strip times ahead
Hotel rates on the Las Vegas Strip flattened during the second quarter and Truist Securities analyst Barry Jonas sees declines in July,... more
Analyst: Bally’s still a nascent casino player
Even though the Nevada Legislature has been hesitant to bankroll a new stadium for the Oakland Athletics, Jefferies gaming analysts are... more
Analysts: Macau dominates good gaming news
Two top Wall Street gaming analysts visited the Las Vegas Strip last week, then published their findings today, gleaned from meetings with... more
Bally’s posts record first-quarter revenue as profit soars
Despite resigning from Bally’s Entertainment earlier in the day, outgoing CFO Bobby Lavan was very much present during the... more
Major management shakeup at Bally’s includes CFO and finance VP
Hours ahead of its first-quarter earnings call, Bally’s Corp. announced a major managerial makeover. Out is CFO Bobby Lavan, effective... more
