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Vegas Gaming Win Slumps In October
Thursday, November 30, 2017 - 11:32am | 405Read More...The Nevada state gaming control board released its report on gaming revenue for the Las Vegas area in October. Nevada's non-restricted gaming licensees reported a total “gaming win” of $988.7 million in October, a 0.2 percent year-over-year increase. Statewide revenue is now up 3.7...
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For Nvidia, Gaming Trends Could Make 2018 Another Standout Year
Tuesday, November 21, 2017 - 4:01pm | 399Read More...NVIDIA Corporation (NASDAQ: NVDA), one of the hottest stocks of both 2016 and 2017, is showing no signs of slowing down heading into 2018 — which could prove to be a busy year for the gaming and emerging cryptocurrency markets, according to Bank of America. The Analyst Bank of America...
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Nvidia's Q3 Success Dampens Fear Of Gaming Growth Slowdown
Friday, November 10, 2017 - 1:13pm | 395Read More...NVIDIA Corporation (NASDAQ: NVDA)'s third quarter earnings report consisted of a top and bottom line beat, but some analysts are now questioning the sustainability of its recent momentum, especially in the key gaming segment. The Analyst KeyBanc Capital Markets' Michael...
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Previewing Casino Earnings: 'Q2 Was Good For Gaming Companies'
Monday, July 24, 2017 - 4:27pm | 758Read More...Previewing the results of casinos, Barclays said the second-quarter was overall a good one for gaming companies. The firm said strength in Macau, solid results in Las Vegas and continued stability in regional gaming provided a solid backdrop for companies in its coverage universe. Analyst...
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Casino Stocks 101: What Is A Junket?
Saturday, July 15, 2017 - 10:47am | 488Read More...Shares of Macau casino operators Melco Resorts & Entertainment Ltd(ADR) (NASDAQ: MLCO), Wynn Resorts, Limited (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE: LVS) and MGM Resorts International (NYSE: MGM) all traded lower Friday on new reports that one of Macau’s major junket operators may...
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Casino Stocks Under Pressure Amid Macau Junket Liquidity Concerns
Friday, July 14, 2017 - 11:18am | 406Read More...Shares of Macau casino operators Melco Resorts & Entertainment Ltd(ADR) (NASDAQ: MLCO), Wynn Resorts, Limited (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE: LVS) and MGM Resorts International (NYSE: MGM) were all getting hammered in early Friday trading after Bloomberg reported that one of Macau...
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Nvidia Has A Massive Market Opportunity; SunTrust Upgrades To Buy
Wednesday, July 12, 2017 - 1:06pm | 392Read More...Analysts at SunTrust Robinson Humphrey turned bullish on one of 2016's best performing and one of 2017's most hotly debated stocks: NVIDIA Corporation (NASDAQ: NVDA). SunTrust's William Stein upgraded Nvidia's stock from Hold to Buy with a price target boosted from $124 to $177,...
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Going Global: AutoLotto Believes It Can Be A Platform For Official Games To Have A Global Offering
Monday, July 10, 2017 - 1:00pm | 585Read More...Lotteries have struggled to appeal to millennials in a tightly regulated industry that manages crazy money. AutoLotto is helping those lotteries innovate. The plan is to aggregate, digitize and unify the lottery world on a phone app and create a global lottery platform. To quote New York state's...
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2 Out Of 3 Households Are Home To A 'Gamer,' But It May Not Be The Family Member You Expect
Thursday, June 22, 2017 - 1:38pm | 729Read More...Kathy Wood popped into her fellow math teacher’s room and was greeted by a not-so-unusual question: “Hey, Mrs. Wood, is it true that you play ‘Call of Duty?’” Until age 58, when her son and motivation-to-play departed for college, her answer was a casual “yes....
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24% Monthly Growth In Macau Gaming Win Pushes Casino Stocks Higher
Thursday, June 1, 2017 - 9:33am | 435Read More...Western casino stocks gained momentum Thursday as peers in Macau, the Chinese-controlled gaming mecca, posted their 10th consecutive positive month amid continued recovery from local anti-corruption efforts. May gambling revenues popped 23.7 percent ($2.83 billion) year over year ahead of analyst...
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Vegas Strip Revenue Slumps In April
Wednesday, May 31, 2017 - 11:59am | 495Read More...With Macau’s gaming recovery beginning to gain momentum, Las Vegas hit a bit of a bump in the road in April. Nevada's state gaming control board released its report Wednesday on gaming revenue for the Las Vegas area in the month of April. Here's a brief overview. The Numbers Nevada...
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Attention Macau Investors: There's No Need To Panic Over Government Policies
Tuesday, May 23, 2017 - 1:20pm | 435Read More...Long-time Macau gaming investors know that government policy risk is simply part of the equation. Macau casino stocks, including Melco Resorts & Entertainment Ltd(ADR) (NASDAQ: MLCO), Wynn Resorts, Limited (NASDAQ: WYNN), Las Vegas Sands Corp. (NYSE: LVS) and MGM Resorts International (NYSE:...
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Macau Tops Expectations With 16.3% April Revenue Growth
Monday, May 1, 2017 - 10:31am | 406Read More...What a huge difference a year makes in the global gaming hub of Macau, China. The latest data from the Macao Gaming and Coordination Bureau reveals that Macau brought in 20.1 billion patacas in April, up 16.3 percent year over year. Prior to last August's 1.1 percent gain, Macau had registered...
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Las Vegas Strip Revenue Up 7.8% In March
Thursday, April 27, 2017 - 1:52pm | 457Read More...With Macau’s gaming recovery really starting to gain momentum, Las Vegas is off to a solid start to 2017 as well. On Wednesday, The Nevada state gaming control board has released its report on gaming revenue for the Las Vegas area in the month of March. Here's a brief overview. The...
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Betting On Wynn Resorts To Keep Gaining Market Share, Union Gaming Upgrades
Wednesday, April 26, 2017 - 1:16pm | 340Read More...Macau gaming stocks are on fire Wednesday after Wynn Resorts, Limited (NASDAQ: WYNN) reported adjusted first-quarter earnings of $1.24/share on revenue of $1.48 billion, topping consensus analyst forecasts of $0.98 and $1.4 billion, respectively. Union Gaming upgraded Wynn Resorts from Hold to Buy...
















