There’s a reason they call it “fall.” Historically, stocks take a tumble in September and October. This year’s confluence of Covid, inflation, depressed consumer confidence and other factors could...
It’s not just Covid and the economic downturn that are hammering away at Macau gaming stocks. It’s the threat of a bigger hammer, wielded by the Chinese government.
The Bull and the Bear rarely see eye-to-eye. But investors need both viewpoints to make informed decisions. Let’s get their takes on the current economy, future prospects and the...
Penn National has bought Score Media and Gaming. DraftKings has acquired Golden Nugget Online. It’s safe to say there will be further consolidation in the online realm. Who’s next,...
Several U.S. gaming companies kicked off second-quarter reporting with sky-rocketing numbers. But several factors—like the end of federal stimulus money and of course, Covid—could bring things back to earth....
The North Strip is suddenly the place to be with the opening of Resorts World Las Vegas. Now that the former Fontainebleau-Drew will open as a Marriot property, the...
It’s been a wild ride of stock values for U.S.-listed sports betting and iGaming operators, all duking it out to establish market share. At some point, and soon, investors...
In 2022, Californians will vote on a measure to legalize sports betting at tribal casinos and racetracks. James Siva, chairman of the California Nations Indian Gaming Association, is confident...
Scientific Games’ announcement that it will shed its lottery and sports betting businesses to focus on omnichannel entertainment is earning cheers from analysts. Everi’s also making all the right...
DraftKings stock took a dive on the release of a report from Hindenburg Research alleging that a subsidiary, SBTech, dabbled in black markets with shady characters. What’s next for...
Why are casino companies not as highly valued as hotel companies, when casinos have a better revenue production? Maybe it’s the roller coaster ride that legislators and regulators enforce...
Look out! Gaming stocks of all kinds—operators, pure plays, brick-and-mortar/digital hybrids, technology providers, affiliates—are taking a tumble in the current deflationary climate. What’s an investor to do?
So they meet again. The bullish investor who sees opportunity all around. The bear who says duck and cover. And the referee, our old friend Quandary, who wants to...
First-quarter earnings calls were stupendous, but stocks didn’t skyrocket, at least not immediately. In the race to recovery, it could be a brief pause before the next sprint.
As earnings reports roll out, the industry will look to its oracles—CEOs and CFOs—for wisdom on the full recovery. Meanwhile, the battle for the digital mountain continues, with some...
The real test of pent-up demand is right around the corner, as Nevada and other markets look to loosen Covid-19 restrictions. Meanwhile, what will cryptocurrency mean for the market...
As we approach first-quarter earnings results, it’s time to ask important questions about the recovery and how short-term crises and adjustments will effect long-term value.
It’s been a year since the market’s Pandemic Panic low, and it’s tempting to feel optimistic about the industry’s recovery. Of special interest are regional casinos, which have come...
With fourth-quarter 2020 and first-quarter 2021 behind us (along with a full year of Covid-19 chaos and closures), it’s an opportune time to evaluate trends in the gaming industry.