Japanese Earthquake to Weigh Heavily on Korean Casinos, Says Mirae
14 Mar, 2011
Following the catastrophic damage caused by Friday’s Sendai earthquake and tsunami in Japan, analysts at Mirae Asset Securities have outlined the potential impact the disaster will have on the Korean casino industry.
Analysts Lament Disappointing Vegas Strip Figures
11 Mar, 2011
Las Vegas Strip gaming win fell 2.5 percent in January, with analysts at Hudson Securities blaming the disappointing performance on the Strip’s “eerily quiet” baccarat pits.
Playtech’s Affiliated Assets Buyout Divides Analysts
10 Mar, 2011
Playtech on Thursday announced the acquisition of a number of affiliate businesses from the firm’s majority shareholder Teddy Sagi, prompting a mixed reaction from analysts.
Midwest Slump Weighs Heavy on Indiana and Illinois Operators
09 Mar, 2011
The Midwest casino markets of Indiana and Illinois both saw year-on-year declines in gaming revenues in February, following severe winter weather in the Chicago area early in the month.
Analysts Welcome Betfair Move to Gibraltar
08 Mar, 2011
Following Tuesday’s announcement that Betfair will operate its betting exchange under a Gibraltar license, the majority of analysts were upbeat on the effect the move will have on the UK-listed firm’s bottom line.
Regulating Online Markets to Drive Higher Operator Returns, Says Evolution
08 Mar, 2011
As part of a comprehensive note to investors covering the worldwide online gambling market, analysts at Evolution Securities have projected that individual, regulating online gambling markets will normally demonstrate an “italicised lower-case ‘L’ growth curve”.
LVS Uncertainty Creates Buying Opportunity, Says Barclays
07 Mar, 2011
Analysts at Barclays Capital have claimed that Las Vegas Sands’ “headline risk” from an ongoing FCPA investigation and market share loss in Singapore has created a buying opportunity for investors in the firm’s stock.
Strong End To 2010 Sees Paddy Power Beat Forecasts
07 Mar, 2011
The reaction from analysts was broadly positive as Paddy Power released annual figures reporting gross win ahead of expectations along with robust current trading.
‘Struggling’ Boyd Slows Earnings Decline
04 Mar, 2011
Boyd Gaming on Tuesday reported fourth-quarter results showing the firm’s slowest year-on-year decline in quarterly EBITDA for the year, although the reaction from analysts was not all positive.
Analysts Divided on Party Prospects Post-Merger
03 Mar, 2011
PartyGaming on Thursday reported full-year results in line with market expectations, with focus from the analyst community firmly on the online giant’s outlook for 2011.