Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Deutsche Bank Upbeat on Gaming Stocks

Deutsche Bank initiated coverage of a number of names in the gaming industry. The firm rates Station Casinos (STN) and MGM Grand (MGG) strong buy, and Harrah's (HET), Mandalay Bay (MBG), and Park Place (PPE) buy.

Analyst Marc Falcone says he has a favorable position on the gaming industry. Among the factors he cites: 1) EPS transparency and top-line visibility; 2) recession resistance; 3) solid performance of regional markets and a rebound in Las Vegas; 4) an increasing focus on managing for total profitability; and 5) a low supply growth environment, which should drive increasing levels of free cash flow, improving balance sheets. He thinks companies with high levels of exposure to Vegas and the ensuing rebound in trends are likely to be the stronger performing names.

blog comments powered by Disqus