Gaming Win Decline: Gaming win on the Las Vegas Strip fell 5.5% in September to $687.8 million, reflecting weak tourism trends, particularly from international visitors, while statewide gaming win decreased by 2.3% to $1.28 billion.
Casino Performance Variations: Downtown Las Vegas casinos experienced a 2.0% decline in gaming win, whereas Reno casinos saw a 5.2% increase, highlighting regional disparities in gaming performance.
Table Game Struggles: Table/counter/card game gaming win dropped significantly by 16.8%, with baccarat revenue down 44% and roulette down 20.4%, contrasting with a 4.8% increase in slot machine revenue.
Caesars Entertainment Report: Caesars Entertainment reported a nearly 10% revenue decline for their Strip properties in Q3, attributing the downturn to lower leisure demand, reduced citywide visitation, and a drop in average daily rates.
Wall Street analysts forecast BJK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BJK is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast BJK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BJK is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 38.770
Low
Averages
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Current: 38.770
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Averages
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
