Writer: David McKee
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
Las Vegas: Station Casinos executives justify aggressive expansion
Saying that they’re “misunderstood,” top executives from Station Casinos made the case for their plan to double the... more
MGM announces $100 million Mandalay Bay Convention Center remodel
MGM Resorts International will be investing $100 million in a redesign of the Mandalay Bay’s Convention Center, intended to create a... more
Wynn Resorts hopeful about Macau, ready for Massachusetts sports betting
Executives of Wynn Resorts expected eight submissions for six casino licenses in Macau, meaning two challengers in addition to the six... more
Penn plans major expansions at four properties
Two new casinos and two hotel towers are in Penn Entertainment’s future, with construction slated to start late next year. The company... more
Bally’s Chicago drives analyst optimism
Deutsche Bank initiated coverage of Bally’s Corp. yesterday, placing a “Hold” rating on the stock (ticker symbol BALY) and a price target... more
New Macau policy cheers Wall Street
Stocks of four publicly traded Macau casino concessionaires trended sharply upward on the Dow Jones and Nasdaq this morning upon news that... more
Great Canadian Gaming: Next year looks great
Fitch Ratings recent B+ rating on Great Canadian Gaming Corp.’s long-term debt reflected optimism in the company, which is owned by Apollo... more
Analyst “amazed” by California market
Boarding a bus with top slot managers, Truist Securities analyst Barry Jonas took a tour of multiple southern California casinos. He came... more
Wynn booming in Vegas, bottomed out in Macau
So upbeat is Credit Suisse analyst Ben Chaiken on Wynn Resorts that he sent his price target into the stratosphere, predicting the... more
