2024.07.20
casino roulette wheel freeCredit 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. Nielsen Sports says the NFL, MLB, NBA, and NHL will all benefit from sports betting taking place in more states than just Nevada. 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. hollywood casino rewards(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. (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. (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. online casino sites chumba casino youtubewinstar world casino diningAnd 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. (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. is chukchansi casino buffet openNielsen Sports says the NFL, MLB, NBA, and NHL will all benefit from sports betting taking place in more states than just Nevada. 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. 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. river spirit casino earth wind and fire gold coast casino bingofanduel casino customer supportA 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. 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. 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 McKnighis the cliff castle casino opent. 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. For nearly all Americans, there are now places to gamble that are much closer.”And despite a recent Wall Street selloff, the agency is rather bullish on several casino-related stocks. cache creek casino weddings poker game casino royale |