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Core Viewpoint - MGM Yonkers Inc. has submitted a $2.3 billion proposal to transform the Empire City Casino into a commercial casino and entertainment destination, aiming to benefit the local community and the State of New York [1][2][6] Group 1: Project Details - The proposal includes full renovation and expansion of existing gaming areas, a high-limit lounge, and a state-of-the-art BetMGM Sportsbook for retail sports betting [2] - Plans feature a 5,000-person capacity entertainment venue and meeting space for various performances and community events [2] - The project will also introduce three new full-service restaurants and renovate existing dining options [3] Group 2: Economic Impact - Since its opening in 2006, Empire City Casino has generated over $5 billion for New York State education, with $1.6 billion contributed since MGM Resorts took ownership in 2019 [5] - The project is expected to create thousands of direct, induced, and indirect jobs, enhancing economic activity in the region [7] - If awarded the license, 20% of generated tax revenue will be distributed, with 10% to Yonkers, 5% to Westchester County, and 5% to Rockland and Putnam counties [6] Group 3: Sustainability and Community Commitment - The proposal includes a parking garage with solar energy arrays and electric vehicle parking, showcasing MGM Resorts' commitment to sustainability [3] - Significant investments are planned for public infrastructure improvements in Yonkers, including roads and water lines [8] - MGM Resorts emphasizes building and sustaining communities as a core belief, integrating energy-efficient methods in the project [8]

Bally's (BALY) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a ...

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum characteristics, with A being the highest score [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5][6] Value Score - The Value Score identifies attractive stocks using ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow, appealing to value investors [3] Growth Score - The Growth Score focuses on a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Score helps investors capitalize on price trends by evaluating recent price changes and earnings estimate revisions [5] VGM Score - The VGM Score combines the three Style Scores to identify stocks with the best value, growth potential, and momentum [6] Zacks Rank Integration - The Zacks Rank uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [7][8] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [9] Company Spotlight: Vail Resorts - Vail Resorts, Inc. operates in three segments: Mountain, Lodging, and Real Estate, and currently holds a Zacks Rank of 3 (Hold) with a VGM Score of A [11] - The company has a forward P/E ratio of 19.95, making it attractive for value investors [11] - Recent upward revisions in earnings estimates have increased the Zacks Consensus Estimate for fiscal 2025 to $7.77 per share, with an average earnings surprise of 2.7% [12]

April 5, 2024 - Cape Girardeau, MO PRESENTATION INVESTOR Peter Hoetzinger, Co CEO & President Lyle Randolph, Vice President of Operations & General Manager FORWARD - LOOKING STATEMENTS This presentation may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the Private Securities Litigation Reform Act of 1995. Century Casinos, Inc. (together with its subsidi ...

Core Insights - Groupe Partouche reported solid financial performance for the first half of 2024-2025, with significant growth in Gross Gaming Revenue (GGR) and EBITDA, reflecting strong business momentum and effective cost management [3][7][20]. Financial Performance - Gross Gaming Revenue (GGR) increased by 4.2% to €361.5 million, while total revenue rose by 5.7% to €233.5 million [3][14]. - EBITDA surged by 35.1% to €55.3 million, representing 23.7% of turnover, compared to €41.0 million (18.6% of turnover) in the first half of 2024 [3][20]. - Current Operating Income (COI) improved significantly to €24.3 million, a 56.9% increase from €15.5 million in the first half of 2024, with contributions from all business segments [4][20]. Segment Performance - The casinos segment achieved a COI of €30.8 million, up 26.7% from €24.3 million in the first half of 2024, driven by strong operational performance [4][8]. - The hotels segment's negative COI improved to -€1.2 million from -€2.7 million in H1 2024, indicating recovery [5]. - The "others" sector also saw an improvement in negative COI to -€5.3 million from -€6.2 million in H1 2024 [5]. Cost Management - Total purchases and external expenses rose by 5.9% to €77.0 million, while personnel expenses decreased by €6.7 million to €83.9 million, primarily due to the settlement of social security liabilities [6][14]. - Employee headcount increased by 5.3%, contributing to a rise in salaries and social security contributions by €5.4 million [6]. Net Income and Financial Structure - Net income for the period reached €12.6 million, a 77.2% increase from €7.1 million in the first half of 2024 [7][20]. - The Group's financial structure remains robust, with a gearing ratio of 0.5x and leverage of 2.4x, reflecting a sound balance between debt and equity [10][23]. Recent Developments - The execution of the Financière Partouche safeguard plan was amended, with early payments made to the plan's execution commissioner [11]. - The Group's total net assets increased to €942.2 million as of 30 April 2025, up from €845.1 million as of 31 October 2024, driven by significant investments [21].

Group 1 - Boyd Gaming (BYD) has been a top pick in the casino sector since last year, with the stock increasing over 40% compared to the S&P's 18% return in the same period [1]

Core Viewpoint - MGM Resorts stock is perceived as a value trap despite positive developments such as a new stock buyback and growth in online gaming, with the stock declining year-to-date while the S&P 500 has increased by approximately 3% [2][3] Financial Performance - BetMGM raised its revenue projection for 2025 to at least $2.6 billion, up from $2.4–$2.5 billion, with EBITDA now anticipated to be no less than $100 million, indicating significant improvement [3] - MGM Resorts International has averaged a growth rate of 21.8% in its top line over the last 3 years, compared to a 5.5% increase for the S&P 500 [7] - Revenues increased by 6.7% from $16 billion to $17 billion over the last 12 months, while the S&P 500 also grew by 5.5% [7] - Quarterly revenues fell 0.7% to $4.3 billion in the latest quarter from $4.4 billion a year prior, contrasting with a 4.8% enhancement for the S&P 500 [8] Valuation Metrics - MGM has a price-to-sales (P/S) ratio of 0.5 compared to 3.1 for the S&P 500, and a price-to-earnings (P/E) ratio of 15.4 against the benchmark's 26.9 [7] - The company's price-to-free cash flow (P/FCF) ratio is 7.8 versus 20.9 for the S&P 500 [7] Profitability and Financial Stability - MGM's operating income for the past four quarters was $1.7 billion, reflecting a low operating margin of 9.7% [9] - The net income stood at $747 million, suggesting a low net income margin of 4.3% compared to 11.6% for the S&P 500 [9] - MGM's debt level was $32 billion with a market capitalization of $9.8 billion, resulting in a poor debt-to-equity ratio of 335.0% [10] Resilience During Economic Downturns - MGM stock has historically performed worse than the S&P 500 during downturns, with significant declines during events such as the COVID-19 pandemic and the global financial crisis [11][12] - The stock dropped 46.1% during the inflation shock of 2022, compared to a 25.4% decline for the S&P 500 [12] Summary of Current Situation - Despite long-term prospects from BetMGM and expansion in Japan, immediate risks outweigh benefits at current valuations, leading to an unattractive assessment of MGM stock [13] - Overall performance metrics indicate very strong growth potential but very weak profitability, financial stability, and downturn resilience [16]

Core Insights - IGT has launched the RISE55 cabinet in the U.S. market, enhancing its hardware portfolio and providing a new platform for engaging players with innovative games [1] - The RISE55 cabinet features the Class III premium launch title, Magic Treasures Gold, which includes advanced features and multiple jackpot levels [1] - Additional core titles such as Treasure Blast™ and Wolf Run Wild Moon™ have also been released for the RISE55 cabinet [2] Company Overview - IGT is a global leader in gaming, offering a wide range of gaming experiences across various channels, including lotteries, gaming machines, sports betting, and digital platforms [3] - The company emphasizes innovation, player insights, and operational expertise to deliver engaging gaming experiences [3] - IGT operates in over 100 jurisdictions worldwide and maintains a workforce of approximately 11,000 employees [3]

Core Insights - Groupe Partouche reported a solid growth in turnover for the first half of 2025, with a 5.7% increase to €233.3 million compared to €220.6 million in the same period of 2024 [3][9] - The company is making progress towards exiting the Financière Partouche safeguard plan, with recent court approval for modifications to the plan [5] Financial Performance - The first half of 2025 showed a turnover increase of 5.7% to €233.3 million, driven by a 3.1% rise in Net Gaming Revenue (NGR) to €185.3 million [3][10] - The second quarter of 2025 turnover rose by 4.9% to €106.9 million, confirming the positive trend from the first quarter, which saw a 6.5% increase [3][9] - Gross Gaming Revenue (GGR) for the second quarter increased by 2.8% to €178.7 million, with NGR up by 2.0% to €83.1 million [4][10] Revenue Breakdown - Non-gaming activities contributed significantly, generating €24.5 million in revenue, a 15.9% increase compared to €21.1 million in Q2 2024 [4][11] - In France, GGR grew by 3.7% to €160.6 million, supported by a 2.7% increase in attendance [8] - The GGR for slot machines increased by 2.8% to €128.0 million, while electronic table games saw an 8.5% rise to €19.7 million [8] Company Overview - Groupe Partouche, established in 1973, operates 41 casinos and employs nearly 4,050 people, positioning itself as a market leader in Europe [7] - The company is listed on Euronext Paris and is known for its innovative approach to gaming [7]