Skip to content Skip to sidebar Skip to footer

Casino

SkyCity Auckland casino

SkyCity Cuts Full-Year Earnings Forecast Amid Tough Market Conditions

SkyCity Entertainment Group has revised its full-year earnings outlook downward after a difficult first half, with declines in revenue, underlying EBITDA, and net profit. The New Zealand-based casino and entertainment company reported a 4.7% dip in revenue for the six months ending December 31, 2024, highlighting ongoing challenges in consumer spending. Revenue Drops Across Key…

Read More

Las Vegas Strip casinos at night

Caesars Expected to Outperform Peers in Hold but Fall Short of Consensus, Analyst Warns

Caesars Entertainment is poised to show a stronger hold than its competitors on the Las Vegas Strip when it reports earnings next Tuesday, but investors shouldn’t expect it to hit consensus estimates. That’s the latest assessment from Deutsche Bank analyst Carlo Santarelli, who urged caution amid rising expectations for the casino giant. Analyst Cautions Against…

Read More