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Wall Street Bets: Analysts take on BetMGM, Las Vegas Strip, Gaming & Leisure Properties, rise in negative outlooks

August 1, 2023 - David Katz, equity analyst for Jefferies, July 30 wrote an update about BetMGM and its future ownership structure. “In short, BetMGM maintained its revenue guidance of $18 billion-$2.0 billion and... Read more »

AGA Gaming Industry Outlook: CEO’s bullish on economic prospects

October 4, 2022 - Despite inflation, supply chain issues, and a need for more employees, gaming CEOs are bullish on the industry’s prospects. According to the American Gaming Association’s Gaming Industry Outlook, presented in... Read more »

Deutsche Bank: Las Vegas Strip will show increased gaming revenue for June, as local casinos decline

July 6, 2022 - A new report to investors predicts casino revenue in June will be a mixed bag across the country, including Las Vegas, where the Strip is expected to be up over... Read more »

Tottenham Report: Gambling reforms announced in Italy — Where from here?

March 9, 2022 - To help recover from the heavy impact of the pandemic on the gambling sector in Italy, the Italian Ministry of Finance’s sub-secretary in charge of gambling has announced significant gambling reforms... Read more »

AGA survey of CEOs to provide recurring look into industry’s future

October 24, 2021 - The American Gaming Association has completed a giant step in a long-term effort to compile data focusing on the industry’s future, rather than results of the past month or quarter.... Read more »

Igaming Focus: TAM factors MkII, with offshore component thrown in

September 21, 2021 - The size of the total addressable market in the U.S. depends on many factors, regulatory mainly. But the role of offshore books, which continue to be highly popular with U.S.... Read more »

Downtown Las Vegas bucks nationwide dip in August casino foot traffic

September 10, 2021 - Downtown Las Vegas casinos enjoyed a surge in foot traffic in August, countering a trend at the nation’s casinos, including the Strip and neighborhood properties frequented by Las Vegas residents,... Read more »

Sports Betting America: AGA’s big picture in focus as NFL season starts

September 8, 2021 - The sports world is awash in statistics, but even its most avid numbers junkies have to tip their caps to the lusty figures pouring out of the rapidly expanding legal-betting... Read more »

New Jersey Senate passes bills to provide tax relief to casinos, allow referendum on college sports betting

June 3, 2021 - ATLANTIC CITY, N.J. (AP) – New Jersey lawmakers are considering an array of bills that would give Atlantic City casinos some financial relief from COVID-related declines, as well as expanding... Read more »

SEC filing: Penn National restores management team’s salaries

October 5, 2020 - Penn National Gaming has restored the salaries of the company’s top three executives, all of whom took pay cuts in April after the coronavirus pandemic forced the shutdown of the... Read more »