2024.07.19
coushatta casino vs golden nugget(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. 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. Bank of America downgraded Sands from “buy” to “neutral” last month. island view casino my insiderStates 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 For nearly all Americans, there are now places to gamble that are much closer.”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. chinook winds casino website no deposit bonus trueblue casinomohegan sun casino at pocono downs wilkes barre paStates 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 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. 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. luckyland slots redeem codeGoldman 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. And 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. pechanga casino concert seating chart chinook winds casino diningmountaineer casino one clubNielsen Sports says the NFL, MLB, NBA, and NHL will all benefit from sports betting taking place in more states than just Nevada. Nielsen Sports says the NFL, MLB, NBA, and NHL will all benefit from sports betting taking place in more states than just Nevada. 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: 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. 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. 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. caesars casino map live casino in md |