With iGaming on the legislative agenda in Pennsylvania and New York, legislators in those states would be well served to consider the experience in New Jersey, where iGaming is...
FANTINI’S FINANCE: Sands of Time
With the fourth quarter earnings season arriving, Las Vegas Sands should be one of the more interesting of the investors’ calls. The company has a multitude of issues to...
FANTINI’S FINANCE: The Trump Factor
Now that a former casino owner is president of the United States, what does it mean for the gaming industry? Will Donald Trump understand the realities of today’s industry...
FANTINI’S FINANCE: Fond Goodbye to 2016
The year is winding to a close, with a bonus for the gaming industry: casino legalization in Japan. Let’s remember what other gifts were delivered for gaming long before...
FANTINI’S FINANCE: Japan? What Now?
Now that the impossible has happened—Japan legalizing casinos—what happens next and how can investors get involved? The rules have yet to be written, so what shape will the casino...
FANTINI’S FINANCE: Triple Play + 1
Three smaller companies based in Nevada are making a name for themselves in regional markets. And slot maker AGS is coming on strong with some very interesting prospects on...
FANTINI’S FINANCE: Elections Have Consequences
The gaming industry had much to ponder last week following the U.S. election. A new president—a former casino owner—brought some doubt, but the rejection of gaming expansion in some...
FANTINI’S FINANCE: Something Completely Different
The third-quarter earnings season will be anything bur ordinary as investors seek to interpret the recent developments in Macau, the Las Vegas Strip and locals markets, and regional casinos....
FANTINI’S FINANCE: Chinese Checkers
The crackdown by the Chinese government on the international marketing arm of Crown Resorts sent shudders through the industry last week. So how wise is it to depend on...
FANTINI’S FINANCE: iGaming On The Verge
Yes, the debut of iGaming in the United States was something of a dud, but a funny thing has been happening over the past two years. iGaming has been...
FANTINI’S FINANCE: Growth is Good
Eldorado Resorts jumps to “major player” status with last week’s purchase of Isle of Capri Casinos. Suddenly Eldorado can become a company that can reach $2 billion in annual...
FANTINI’S FINANCE: Shrinkage Factor
There are fewer opportunities for investors on gaming’s supply side, with sales and consolidations. And the dynamics get more difficult as it’s not just machines and systems anymore.
FANTINI’S FINANCE: Government Interference
The shuttering of PhilWeb in the Philippines brings back the recognition that gaming often exists at the whim of governments and changes in leadership can impact the jobs, revenue...
FANTINI’S FINANCE: Mixed Results
Preliminary second-quarter earnings results for gaming companies are shaky and seem to have confused some of the analysts. As usual, Sheldon Adelson’s comments drew the most attention and the...
FANTINI’S FINANCE: Giants Walk the Land
If anyone thought that the combination of companies that resulted in the reformed IGT and the super-sized Scientific Games would open the door for the smaller, more nimble slot...
FANTINI’S FINANCE: Same Old, Same Old
The elements that contributed to first quarter results are still in place, and it’s doubtful anything will change for the remainder of the year. What does that mean to...
FANTINI’S FINANCE: Brexit Impact
One of the biggest hits stocks have received in several years is a result of the Brexit vote last week in the United Kingdom. It’s had impact, as expected...
FANTINI’S FINANCE: Industry Giants Head in Different Directions
At one time the two largest companies in the gaming industry, MGM Resorts and Caesars Entertainment were in lockstep. Success for one meant success for the other. Misfortune for...
FANTINI’S FINANCE: Isle Transformation
Isle of Capri, a regional gaming company, has posted an impressive debt-to-EBIDTA ratio that portends great things. In Las Vegas, the introduction of an NHL franchise could encourage other...
FANTINI’S FINANCE: Are REITs Real?
The current financing craze in the gaming industry is the real estate investment trust (REIT). Their attraction for investors is mainly the dividend. But exactly how does this work?