2024.07.20
is hollywood casino open todayCredit 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. 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 Nielsen Sports says the NFL, MLB, NBA, and NHL will all benefit from sports betting taking place in more states than just Nevada. riversweeps online casino for iphoneAnd despite a recent Wall Street selloff, the agency is rather bullish on several casino-related stocks. Nielsen Sports says the NFL, MLB, NBA, and NHL will all benefit from sports betting taking place in more states than just Nevada. Ongoing concerns in Las Vegas and Macau have pulled back the stocks after optimism flushed the sector following the US federal sports betting repeal in May.Analysts agree with McKnighdoubledown casino bonust. free zeus slots no download valley forge casino newsmiami club casino flashHeadquartered 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. Nielsen Sports says the NFL, MLB, NBA, and NHL will all benefit from sports betting taking place in more states than just Nevada. (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. bicycle casino video gameREITs 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. 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. 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. river spirit casino slots borgata casino bonus codecaesar casino indianaBank of America downgraded Sands from “buy” to “neutral” last month. 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. 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 McKnidoubledown casino bonusght feels investors will be well served. And despite a recent Wall Street selloff, the agency is rather bullish on several casino-related stocks. (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. And despite a recent Wall Street selloff, the agency is rather bullish on several casino-related stocks. sam s town casino in las vegas nevada desert diamond casino valencia |