Marketing Shift Sees US Regional Operators Shun ‘Unprofitable’ Customers 22 Jul, 2011
The adoption of “targeted marketing initiatives” among operators has seen casino markets in the Midwest states of Illinois, Indiana, Iowa and Missouri experience consistent falls in admissions and rises in win per admission in the first six months of the year.
Malaysia-Singapore Rail Link Set To Benefit Singapore IRs, Say Analysts 21 Jul, 2011
Analysts at DBS Vickers say that a recently announced rapid rail transit link will boost cross-border travel and tourism between Malaysia and Singapore, representing a “boon” for Singapore’s two integrated resorts.
UK Bookmaking Giants ‘Robust’ In First Half Of The Year 20 Jul, 2011
Analysts at Evolution Securities have stated their expectation that while next month’s interim results announcements at William Hill and Ladbrokes should reflect “continued robust trading”, tough comparatives against a World Cup trading period “may catch the investment community by surprise”.
Midwest Revenues Recover After Turbulent May 15 Jul, 2011
Gaming revenues generated in the Midwest states of Iowa, Missouri, Indiana and Illinois showed relatively flat growth in June, as riverboat operators recovered from the negative effects of flooding and high water in May.
JP Morgan Lays Out William Hill Retail Landscape 12 Jul, 2011
A presentation given to analysts at JP Morgan by senior figures from William Hill yielded several insights into the market trends facing the UK bookmaker’s retail estate.
Fitch Upgrades Wynn’s Debt Ratings On Macau Strength 12 Jul, 2011
Analysts at Fitch Ratings have lifted the issuer default rating (IDR) of Wynn Resorts to BB from BB-minus, attaching a positive rating outlook and citing “robust operating trends, primarily in Macau”.
Mid-Level Properties Drive Vegas Room Rate Growth 07 Jul, 2011
As part of an overview of Las Vegas room rates for the week ending July 16, analysts at Rodman & Renshaw have reported that asking rates at mid-level properties are up strongly while those at high-end and value-orientated properties are down.
Focus On ‘High-Value’ Customers Reverses Betfair ARPU Trend 04 Jul, 2011
After seven consecutive year-on-year declines in quarterly average revenue per user (ARPU), Betfair bucked the trend in its fiscal fourth quarter by growing the metric 9.5 percent to £173.
Analysts Cool On Betfair Despite Earnings Surge 29 Jun, 2011
Following Wednesday’s announcement of Betfair’s first full-year results as a listed company, analysts at UBS and Investec questioned the significance of a hefty 28.9 percent increase in the online betting exchange’s core EBITDA.
Optimism Still Reigns In US Regional Markets Despite Difficult May 28 Jun, 2011
While the onset of severe flooding of the Mississippi River in late April forced the closure of 17 casinos in Mississippi as well as others in Iowa and Missouri, analysts at Morgan Joseph report that regional casino operators remain defiantly optimistic.