Writer: David McKee
Macau weighs heavily on MGM’s Fitch rating
Uncertainty in China. That was the great imponderable affecting Fitch Ratings’ assessment of MGM Resorts International, which it... more
SBC Summit North America: Igaming “waiting to roar,” says analyst
Igaming was on everyone’s minds at last week’s SBC Summit at the Meadowlands in New Jersey. As Truist Securities analyst Barry... more
Scientific Games has growth potential, according to analyst
Scientific Games’ leadership was full of good news for investors when it met with Truist Securities analyst Barry Jonas. Its Kascada... more
Deutsche Bank conference: Casino recovery appears sustainable
Investors turned out in droves for the Deutsche Bank Gaming, Lodging, Leisure & Restaurant Conference in Miami, an estimated 60 percent... more
IGT touts share repurchase
During an investor meeting with Credit Suisse analysts, International Game Technology announced a $300 million, multi-year stock buyback.... more
Illinois slot routes boom in October
Illinois casinos, aided by two extra weekend days, did superficially well in October, up two percent over 2019 for a $109 million gross.... more
Full House’s Dan Lee upbeat about current and future projects
Although construction costs, Hurricane Ida, and the Caldor wildfires conspired to depress Full House Resorts’ third-quarter profits to... more
Bally’s is ‘complicated,’ but emphasizes growth in size and scope
Newly installed Bally’s Corporation CEO Lee Fenton walked Wall Street analysts through what one called “a very complicated story with a... more
Scientific goes into live-dealer igaming
After selling its lottery and sports-betting divisions, Scientific Games has rapidly pivoted and made an unspecified investment in... more
CEOs differ at East Coast Gaming Congress
Although inclement weather dampened attendance at the East Coast Gaming Congress at Harrah’s Resort in Atlantic City, those who went were... more
