2024.07.17
casinos new jerseyMGM Growth Properties, MGM’s REIT, tried to make a move to acquire VICI before it went public. Nielsen Sports says the NFL, MLB, NBA, and NHL will all benefit from sports betting taking place in more states than just Nevada. Credit 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. viejas casino parkingThe 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. Bank of America downgraded Sands from “buy” to “neutral” last month. 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. choctaw casino winners seminole casino hotel tampagold coast casino contact number(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. For nearly all Americans, there are now places to gamble that are much closer.”With regulated sportsbooks coming to numerous states, more individuals in the 18- to 34-year-old demo are predicted to jump at the chance to place a legal wager.“Expanding access to legal sports betting will bring millennial audiences back to sports broadcasts and stadiums, which is a huge benefit for sport enterprises acrosencore casino layouts the country,” AGA Senior VP of Public Affairs Sara Slane declared.The Supreme Court of the United States (SCOTUS) struck down the federal sports betting ban in May. seven feathers casino gift shopBank of America downgraded Sands from “buy” to “neutral” last month. 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. Nielsen Sports says the NFL, MLB, NBA, and NHL will all benefit from sports betting taking place in more states than just Nevada. harrah s cherokee casino lost and found free online poker to play with friendsqueenbet live casino(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. And despite a recent Wall Street selloff, the agency is rather bullish on several casino-related stocks. 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. (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. 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. Credit 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. cache creek casino music riverwind casino and hotel |