Amid heightened optimism regarding the passage of casino legislation in Japan, analysts at Macquarie have estimated that a liberalised market comprising multiple integrated resorts could potentially generate annual gaming revenues in excess of $20bn.
Analysts at Janney Capital believe that a slowdown in the calendar of new casino openings in the U.S. will see shipments of new and expansionary slots fall in 2013 and 2014 compared to 2012’s total of around 33,000.
First quarter results from Finland’s lottery and sports betting monopoly Veikkaus show that the state-owned operator generated a record 36.4 percent of its turnover from online channels during the period, aided by the January 2013 launch of a new mobile site designed for touchscreens.
Analysts at Davy believe “radical change” is a necessity for Betfair if it is to cope with the introduction of a point of consumption tax in the UK, while William Hill is seen as the “best-placed” listed operator.
Paddy Power’s share price dropped last week after analysts at Davy downgraded their rating on the operator over concerns with its UK and Irish online market, a stagnant Italian online segment and falling returns in the UK retail market.
Following Boyd Gaming’s better-than-expected first-quarter results, Union Gaming analysts have raised their price target on the firm to reflect the potential for online gaming and a recovery in the Las Vegas locals market.
Analysts at CIMB have retained their double-digit top-line growth forecast for Cambodian casino operator Nagacorp, citing a strong Indochina economy, the firm’s monopoly status in Phnom Penh and its development of Naga2.
888 has announced a tenth consecutive quarter of year-on-year revenue growth, prompting Peel Hunt analysts to conclude 888’s recovery from the “dark days of 2010 is built upon firm foundations”.
Growth online and on mobile powered William Hill to a net revenue rise of 15 percent in its first quarter as the bookmaker continued to race away from high-street rival Ladbrokes.
The latest GamblingData In-Play Tracker (IPT) report indicates that William Hill is the new market leader in football events, while bet365 remains top of the pile in terms of the breadth of its overall in-play offering.