2024.07.17
cool cat casino accountA 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. And despite a recent Wall Street selloff, the agency is rather bullish on several casino-related stocks. 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. casino extreme 100 no deposit bonus codesOngoing 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 McKnighencore casino layoutt. 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 McKniencore casino layoutght feels investors will be well served. Bank of America downgraded Sands from “buy” to “neutral” last month. viejas casino dog friendly jackson rancheria casino lobster buffetonline poker casino real moneyStates 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 Headquartered 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. 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 McKniencore casino layoutght feels investors will be well served. live casino login philadelphiaMGM Growth Properties, MGM’s REIT, tried to make a move to acquire VICI before it went public. 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 McKniencore casino layoutght feels investors will be well served. online casino login king slots free slots casinomgm grand casino northfield(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. 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. Credit Suisse, one of the world’s most important multinational financial services firms, is once again issuing guidance on the gaming industry. 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. 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. 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. wild horse pab casino entertainment is playing online poker legal |