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Casino Mergers and Acquisitions Could Surge in 2025

Supported by declining interest rates and a more favorable regulatory regime, gaming industry, including casinos, mergers and acquisitions activity could perk up in 2025. That was one of the takeaways from Truist Securities’ recent Wicked Good 12th Annual GLLR Summit...

Todd Shriber December 27, 2024

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Macau Grand Lisboa Palace SJM Holdings

Fitch Affirms SJM Holdings Credit Rating at BB-

The credit rating of Macau casino operator SJM Holdings was affirmed at “BB-“ with a “stable” outlook by Fitch Ratings. That’s three notches into...

Todd Shriber December 26, 2024
Star Entertainment, Star Sydney, ASX, Australian stock market, Bell report

JPMorgan Disposes of Star Entertainment Stake

JPMorgan Chase & Co. (NYSE: JPM) is no longer an investor in Australian casino operator Star Entertainment. A regulatory filing with the Australian Securities...

Todd Shriber December 23, 2024
Nevada July revenue Las Vegas Strip

Expect Weaker Las Vegas Casino Revenue Growth in 2025

Investors are bracing for what’s likely to be a weaker year of revenue growth at Las Vegas Strip casino hotels in 2025 with non-gaming...

Todd Shriber December 16, 2024
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