gaming

The Nevada Gaming Control Board on Tuesday released its report on gaming revenue for the Las Vegas area in June. What Happened Nevada's non-restricted gaming licensees reported a total “gaming win” of $933 million in June, a 4.7-percent year-over-year increase. Statewide revenue is...

Caesars Entertainment Corporation (NASDAQ: CZR), one of the world's largest gaming companies, exited bankruptcy with a "dramatically restructured" balance sheet which makes the stock attractive to investors, according to Bank of America. The Analyst Shaun Kelley initiated coverage of...

After Apple, Inc. (NASDAQ: AAPL)'s App Store celebrated its 10-year anniversary this week, analysts have begun to dissect the tech giant's legacy.  One of the most discussed topics is the relatively new "battle royale" gaming concept. Games like "Player...

For MGM Resorts International (NYSE: MGM), Las Vegas business hasn’t been booming the way some investors had hoped, prompting one Wall Street analyst to take a closer look at the stock. The Analyst Goldman Sachs analyst Stephen Grambling downgraded MGM from Buy to Neutral, removed the stock...

Morgan Stanley is sticking to its bearish thesis for Advanced Micro Devices, Inc. (NASDAQ: AMD), and said Wednesday that any upside benefits for the semiconductor maker need to be taken in context with its overall business. The Analyst Morgan Stanley's Joseph Moore maintains an Underweight...

Bank of America Merrill Lynch identified seven takeaways from May Steam PC gaming data for the gaming GPU market. Analyst Vivek Arya expects the next-generation NVIDIA Corporation (NASDAQ: NVDA) Volta/Turing game cards are still on track to be released by the end of 2018. Consensus analyst...

NVIDIA Corporation (NASDAQ: NVDA) reported first-quarter results Thursday that turned Morgan Stanley incrementally bullish. The Analyst Morgan Stanley's Joseph Moore maintains an Overweight rating on Nvidia's stock with a price target lifted from $258 to $273. The Thesis Nvidia's...

NVIDIA Corporation (NASDAQ: NVDA) reported first-quarter results Thursday that were better than the Street anticipated — but the stock's premium valuation already reflects future growth, according to KeyBanc Capital Markets.  The Analyst KeyBanc's Michael McConnell...

NVIDIA Corporation (NASDAQ: NVDA)'s investor day presentation Tuesday was followed by a nearly 8-percent decline in the stock, but reaffirmed the bull case for the company, according to Bank of America Merrill Lynch.  The Analyst Bank of America's Vivek Arya maintains a Buy...

Wynn Resorts, Limited (NASDAQ: WYNN) offered an update Wednesday on its financial performance and dividend. While the update was "impressive," the company's ongoing regulatory and legal woes create an overhang, making a bullish stance inappropriate, according to Stifel....

Gaming supplier PlayAGS Inc (NYSE: AGS) offered its shares to the public in a Jan. 26 IPO. The Analyst Following the IPO quiet period expiry, Deutsche Bank analyst Carlo Santarelli initiated coverage of PlayAGS with a Buy rating and $23 price target. The Thesis The 2018 PlayAGS story is...

Shares of Wynn Resorts, Limited (NASDAQ: WYNN) have gained around 75 percent over the past year, even when including a sharp sell-off in the stock after sexual assault accusations against its CEO Steve Wynn, who resigned Tuesday. Now is a good time for investors to sell the stock,...

NVIDIA Corporation (NASDAQ: NVDA) reported a strong earnings beat, but wasn't strong enough for at least one analyst to turn bullish on the stock. The Analyst KeyBanc Capital Markets' Michael McConnell maintains a Sector Weight rating on Nvidia's stock with no assigned price target...

NVIDIA Corporation (NASDAQ: NVDA) stands to gain from the strength in gaming and the large upgrade potential from a 200-million-plus gamer base, according to Bank of America Merrill Lynch.  The Analyst BofA Merrill Lynch analyst Vivek Arya reiterated his Buy rating on his top pick Nvidia...

Boyd Gaming Corporation (NYSE: BYD) announced Dec. 18 that it agreed to pay Penn National Gaming (NASDAQ: PENN) $575 million for its Ameristar St. Charles and Kansas City operations in Missouri and Indiana's Belterra Casino Resort and the Belterra Park property in Cincinnati. The Analyst...