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Analysts: “Dragon wars” colors outlook for Aristocrat
March 14, 2024 - What Jefferies Equity Research analysts in Australia called “Dragon wars” have broken out between Aristocrat Leisure and Light & Wonder. Aristocrat has been suing Light & Wonder for intellectual-property infringement... Read more »
Tottenham Report: Do as I say, not as I do
March 12, 2024 - A few weeks ago, Eilers & Krejcik published a report that investigated the impact of online gambling on the land-based industry. It found no cannibalisation of land-based gaming revenues. Brian... Read more »
Catena Media appoints Manuel Stan as CEO
March 5, 2024 - Igaming and sports betting marketing company Catena Media has chosen Manuel Stan as its chief executive officer, shortly after the departure of former CEO Michael Daly, who resigned amid disappointing... Read more »
Sturgis’ review of Gambling Commission’s survey stoking the fire
February 26, 2024 - The Gambling Commission (GC) recently lauded its Gambling Survey for Great Britain (GSGB), after it was endorsed by Professor Patrick Sturgis in an independent review. However, that backing is far... Read more »
Analyst: ESPN Bet gaining brand momentum
January 17, 2024 - The ESPN Bet brand has gained momentum since the launch of the sports-betting app in November, according to a Wall Street analyst. David Katz with Jefferies Equities Research released a... Read more »
Gaming and Leisure Properties cites improving environment for M&A among gaming REITs
January 10, 2024 - Executives with GLPI, citing an improving environment for mergers and acquisitions, are optimistic that deal activity could be more significant this year for gaming real estate investment trusts. Barry Jonas,... Read more »
F1 impact on gaming revenues imminent as economist eyes 2024
December 27, 2023 - The focus of the Nevada gaming industry today will be whether the state shattered the all-time November revenue record of $1.32 billion, thanks to the Las Vegas Grand Prix. Looking... Read more »
BetMGM outlines Las Vegas strategy to grow market share nationwide
December 4, 2023 - BetMGM said it is focusing on investment in 2024 to position itself to grow market share and boost adjusted earnings to $500 million in 2026 as it leverages an omnichannel... Read more »
Rivalry reports 50 percent increase in betting handle in Q3 2023
November 30, 2023 - Rivalry, the Toronto-based sportsbook and igaming operator targeting Millennials and Gen Z, and operating in 20 countries, are reporting a 50 percent year-over-year increase in betting handle (CAD$105.7 million) and... Read more »
Uncertainty reigns over F1 economic impact number for Las Vegas
November 19, 2023 - The final economic impact of Las Vegas hosting a Formula One race is uncertain, but it will be big no matter how it’s measured, according to a senior economic analyst... Read more »