According to figures released by the Illinois Gaming Board, casino revenues in the Prairie State grew 19 percent in September to $130.4m, though this growth stood at minus 8.5 percent when excluding the recently opened Rivers Casino in Des Plaines, Chicago.
Analysts labelled Macau's 38.8 percent year-on-year growth in gaming revenues to MOP21.24bn (US$2.65bn) in September a “bullish data point for all operators in the region”, after a heavy sell-off on Monday and Friday dragged Macau casino stocks down on a year-to-date basis.
Analysts at Barclays Capital have claimed that Sportingbet should next year experience a “step change” in how the market views it, with regulation in Greece and Spain, the acquisition of Centrebet and the potential disposal of its Turkish business boosting its regulated market exposure.
A note to investors from Investec has claimed that Wednesday’s German Federal Court ruling that the country’s 2008 prohibition on internet gambling is still in place has “potentially important political ramifications” for the country’s soon-to-be-revised Interstate Treaty on gambling.
As part of an overview of Las Vegas room rates for the week ending October 15, analysts at Rodman & Renshaw have reported that an “extremely busy” convention calendar has pushed weighted average asking rates on the Strip up 49.9 percent year-on-year to $241.
Total visitation to Macau reached a record 2.7m in August, as total monthly arrivals from mainland China surpassed 1.5m for the first time, sparking record monthly gaming revenues.
Analysts at Bank of America Merrill Lynch (BoAML) have forecast Sands China to capture 17.8 percent of the Macau casino market by 2013, citing the forthcoming opening of Sands Cotai Central alongside a recently announced $125m of capex to upgrade its existing VIP facilities as catalysts.
With overcrowding said to be rife at the mass market gaming tables of Korean casino operator Kangwon Land, analysts at Daewoo Securities have outlined the options available to the firm ahead of the expected doubling of its gaming floor size in March 2012.
The prevailing trend of strong sales growth reported by US state lotteries in recent months has triggered a minor debate in the nation's media over the possible link between current weakness in the economy and increased lottery spending among consumers.