2025.09.17
borgata online casino refer a friendMass Nice, VIPs BetterThe VIP/mass market debate is a matter of simple math for concessionaires.13.Notably, Galaxy Entertainment and Las Vegas Sands (NYSE:LVS) hold dominant mass market share in Macau, a trait many analysts favor in the current environment.morongo casino commercial actorsThat’s one of the more tepid views on Wall Street.Despite just a single state launch, Penn National Gaming’s (NASDAQ:PENN) Barstool Sportsbook app throttled records previously held by rivals DraftKings and FanDuel.Barstool Stock a New FavoriteAllen says Barstool Sportsbook is off to an “extremely strong” start in Pennsylvania, but that the arrival of a new player didn’t result in a significant reduction in gamblers moving other betting platforms onto their smartphones.paragon casino indoor pool free casino slots 7780mohegan sun casino gambling ageThrough the first three weeks of September, the average daily aggregate gross gaming revenue (GGR) posted by Macau concessionaires is .That bodes well for the industry at large, notes Allen, who has an “equal-weight” rating on Penn National stock.Higher traffic and lower revenue is exactly the scenario operators are looking to avoid because it confirms the aforementioned thesis of Macau being reliant on VIPs to drive recovery.free slot games for iphone 8Obviously, more affluent players gamble at higher limits, and many spend more on amenities, such as dining, entertainment, rooms, and shopping.Tests LingerObviously, Barstool Sportsbook is in its infancy, and while Pennsylvania is a major sports wagering market, it’s just one state, meaning Penn’s foray into the hyper-competitive online sports betting industry faces more tests.10, according to Bloomberg data.poker casino joa four winds casino addrebhollywood casino amphitheatreLooking for WinnersUnder a scenario in which mass market revenue at least holds steady and lower-level players can bring modest upticks in turnover, some concessionaires could benefit.(Image: The Business Journals)The much-ballyhooed sports betting platform, a collaboration between Penn National and Barstool Sports, had a three-day soft launch in Pennsylvania last week before going live across the state over the weekend.Both companies have long been more levered to mass and premium mass players than to VIPs, indicating they’d be less vulnerable to a marked pullback in higher-tier spending than some of their rivals.Sands owns five Macau integrated resorts, making it the largest operator on the peninsula.Shares of Penn are up more than six percent in midday trading on the aforementioned app download data.Featuring founder David Portnoy (seen here) and other personalities, Barstool Sportsbook set app download records in its debut weekend in Pennsylvania.encore casino promo code nearest casino to my current location |