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little river casino veteransCredit Suisse analyst Cameron McKnight isn’t so gung-ho on Las Vegas gambling revenue, but he does likes the growth potential of entities that own Sin City’s land and physical real estate. Goldman Sachs did the same with MGM, as did Jeffries Financial with Wynn.Investors and financial services firms will stand idle waiting for more summer data out of Sin City.Earlier this month, UNLV’s Center for Gaming Research Director David Schwartz explained, “There are fears that Las Vegas has finally pushed its luck too far. That comes as a bit if a surprise considering the recent Wall Street selloff after several casino operators missed second quarter projections, and CEOs warned shareholders that Las Vegas is seeing a slight softening in demand in the months ahead.In REITs Analyst TrustsCasino real estate investment trusts, or REITs, are stocks where McKniis the cliff castle casino openght feels investors will be well served. paragon online casinoHeadquartered in Las Vegas with offices in several states plus Mexico, Israel, and Australia, the Credit Suisse analyst says AGS is benefitting from casinos updating their floors with new terminals and technology.Of McKnight’s nine gaming stocks that he issued guidance on, only one, gaming manufacturer Scientific Games, garnered a negative “under-perform” label. McKnight is neutral on the MGM REIT.Neutral on CasinosMcKnight is neutral on Las Vegas Sands, MGM Resorts, and Wynn Resorts after all three stocks slid after Q2 reports. Goldman Sachs did the same with MGM, as did Jeffries Financial with Wynn.Investors and financial services firms will stand idle waiting for more summer data out of Sin City.Earlier this month, UNLV’s Center for Gaming Research Director David Schwartz explained, “There are fears that Las Vegas has finally pushed its luck too far. restaurants in south lake tahoe casinos

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admiral casino st louis(Image: Fabrice Coffrini/Getty/Benjamin Hager/Casino.org)After poaching gaming analyst Cameron McKnight away from Wells Fargo, the Swiss financial services company unveiled recommendations on nine casino and gaming industry stocks on Tuesday.McKnight sees much growth potential for AGS, an innovative slot and table games manufacturer. REITs are entities that own land and physical brick-and-mortar assets, but lease back their operations.The casino industry has taken a liking to REITs in recent years, as it allows them to generate large sums of cash by forming the real estate holding companies. Goldman Sachs did the same with MGM, as did Jeffries Financial with Wynn.Investors and financial services firms will stand idle waiting for more summer data out of Sin City.Earlier this month, UNLV’s Center for Gaming Research Director David Schwartz explained, “There are fears that Las Vegas has finally pushed its luck too far. casino royale 1967(Image: Fabrice Coffrini/Getty/Benjamin Hager/Casino.org)After poaching gaming analyst Cameron McKnight away from Wells Fargo, the Swiss financial services company unveiled recommendations on nine casino and gaming industry stocks on Tuesday.McKnight sees much growth potential for AGS, an innovative slot and table games manufacturer. The regional casino operator has properties scattered across the US, lessening its dependency on Las Vegas.The emergence of sports betting to new states has been said to most benefit operators like Penn National, and the company and GLP are expected to further expand their operating and ownership portfolio.VICI Properties, the Caesars REIT that held its initial public offering earlier this year, is another real estate trust McKnight favors. REIT investors like the special tax advantages afforded to such entities, and the fact that REITs must distribute at least 90 percent of profits to shareholders.McKnight is especially optimistic regarding Gaming & Leisure Properties (GLP), the REIT formed in 2013 by Penn National Gaming. raging bull casino mobile

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four winds casino covidStates are now free to determine their own regulations on the gambling activity, and Delaware, New Jersey, and Mississippi have already joined Nevada in offering full-fledged sports gambling.Regulations CriticalSeveral sports leagues and colleges are arguing that they should be allocated a small percentage of the handle placed MGM Growth Properties, MGM’s REIT, tried to make a move to acquire VICI before it went public. A new study concludes that the expansion of regulated sports betting across the United States will increase fan engagement, grow younger demographics’ interest in pro and college events, and hurt illegal underground gambling rings. (Image: Patrick Connolly/Las Vegas Review-Journal)Commissioned by the American Gaming Association (AGA) and conducted by Nielsen Sports, the study found that 44 percent of current sports bettors are under the age of 35, which is presently the widely accepted cutoff for the millennial demographic. States are now free to determine their own regulations on the gambling activity, and Delaware, New Jersey, and Mississippi have already joined Nevada in offering full-fledged sports gambling.Regulations CriticalSeveral sports leagues and colleges are arguing that they should be allocated a small percentage of the handle placed That comes as a bit if a surprise considering the recent Wall Street selloff after several casino operators missed second quarter projections, and CEOs warned shareholders that Las Vegas is seeing a slight softening in demand in the months ahead.In REITs Analyst TrustsCasino real estate investment trusts, or REITs, are stocks where McKniis the cliff castle casino openght feels investors will be well served. hallmark casino mobile login

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