Shaun Kelley

Penn Entertainment's Losses Could Be 'Higher For Longer,' Analyst Says
DraftKings The 'King Of The Beat & Raise': 7 Analysts Size Up Q1 Earnings, Raised Guidance That Could Be Conservative
DraftKings Is A Sports Betting Winner Set To Defy Macro Headwinds, Analyst Says
DraftKings The 'King Of The Beat & Raise': 7 Analysts Size Up Q1 Earnings, Raised Guidance That Could Be Conservative
DraftKings Is A Sports Betting Winner Set To Defy Macro Headwinds, Analyst Says
Las Vegas Room Rates Up 30% Since 2019: Should Investors Roll The Dice On Casino Stocks?
Casino Analyst On Macau Gambling Stocks: More Upside Ahead?

Shaun Kelley Recent News

Macau Casino Stocks Rally Following License Renewal Set To Begin On Jan. 1, 2023
Shares of U.S.-listed Macau casino operators traded mostly higher on Monday after each was awarded new 10-year concessions over the weekend to continue operating.
Las Vegas Strip Monthly Gaming Revenue Up 20%, Macau Revenue Down 95%
The latest monthly gross gaming revenue (GGR) numbers for Las Vegas and Macau, China are out on Monday, and the numbers continue to tell a story of two gaming hubs headed in completely opposite directions.
Gaming Analyst Cuts Price Target For Caesars Entertainment, Red Rock Resorts & Sportradar Ahead Of Q2 Earnings
It's been a volatile year for casino and online gaming stocks so far. On Monday, one Wall Street analyst adjusted his expectations for gaming stocks ahead of second-quarter earnings season. The Analyst: Bank of America analyst Shaun Kelley made the following adjustments to gaming stock price targets:
Macau Lockdown Slashes Targets For Las Vegas Sands, MGM, Wynn — Try These 3 US Casino Stocks Instead
Gambling stocks traded sharply lower on Monday morning as Macau casinos shut down for a week. In response, one Wall Street analyst cut his price targets for U.S.-listed casino stocks with exposure to Macau. The Analyst: Bank of America analyst Shaun Kelley issued the following price target cuts on Monday:
MGM Resorts Analysts React To Q1 Earnings Beat, LeoVegas Acquisition, Macau Weakness
MGM Resorts International (NYSE: MGM) shares traded lower by 3.5% on Tuesday after the company reported first-quarter earnings and revenue beats but a quarterly drop in Las Vegas Strip occupancy.
DraftKings, FanDuel Distancing Themselves From The Competition In Online Sports Betting
Online gaming stocks have taken a big hit in recent months, but Bank of America analyst Shaun Kelley said Monday that U.S. digital gross gaming revenue (GGR) was up 58% in the month of February.
4 Reasons Macau Casino Stocks Are Tanking
Macau casino stocks have taken a beating so far in 2022, but the selling pressure has intensified in recent days. On Tuesday, Bank of America analyst Shaun Kelley highlighted at least four reasons investors are dumping Macau stocks.
MGM Resorts: Why These Analysts Remained On The Sidelines Despite Strong Q4
MGM Resorts International (NYSE: MGM) reported its fourth-quarter revenues and margins ahead of Street expectations, with the beat being driven by its Las Vegas performance. Morgan Stanley On MGM Resorts
MGM Gaining Ground On DraftKings, FanDuel In Online Sports Betting; Sector Reports Weak December Numbers
Online gaming stocks have taken a big hit in recent months, and Bank of America analyst Shaun Kelley said Monday that the U.S. online sports betting market had a surprisingly weak month in December.
JPMorgan Analyst Upgrades Las Vegas Sands, Optimistic About Macau Gaming License Renewal
A day after casino stock Las Vegas Sands Corp. (NYSE: LVS) was hit with a Wall Street downgrade, the stock bounced back on Tuesday when it was upgraded by another analyst.
BofA Double Upgrades Hyatt On Lodging Recovery: What You Need To Know
Hyatt Hotels Corporation (NYSE: H) is a play on the recovery in the lodging sector, according to BofA Securities. The Hyatt Hotels Analyst: Shaun Kelley upgraded Hyatt Hotels from Underperform to Buy while raising the price target from $85 to $110.
Las Vegas Pandemic Recovery Continues To Outpace Macau's, Casino Analyst Says
Las Vegas, Nevada, and Macau, China, are two of the largest global casino gambling hubs. Both gaming destinations took big hits during the COVID-19 pandemic, but the latest gross gaming revenue numbers suggest the Vegas recovery continues to outshine struggling Macau.
Analyst Reports 'Surge' In Online Sports Betting
Online gaming stocks have taken a big hit in recent months, but Bank of America analyst Shaun Kelley said there was a “surge” in U.S. online sports betting (OSB) revenue in November.
Macau And Las Vegas Gaming Revenues Are Headed In Opposite Directions: What's Next?
Las Vegas, Nevada, and Macau, China, are two of the largest global casino gambling hubs. Both gaming destinations took big hits during the COVID-19 pandemic, but the latest gross gaming revenue numbers suggest Vegas is bouncing back strong while Macau is still struggling.
What's Driving The Sell-Off In Online Gaming Stocks?
Shares of online gambling stocks have tanked in the past two months, and Bank of America analyst Shaun Kelley recently took a closer look at the group to try to determine what has gone wrong in the digital gambling market.
13 Gaming And Lodging Stocks To Buy On The Omicron Dip
Gaming and lodging stocks took a big hit on Friday following news of the new omicron variant of COVID-19. Despite that, Bank of America analyst Shaun Kelley said Monday there are plenty of gaming and lodging stocks to buy on the dip heading into 2022.
Casino Analyst On Arrests Of Macau Gaming Executives: 'Difficult For Investors At The Moment'
Macau casino stocks took a huge hit on Friday following the arrest of 10 casino junket officials. On Monday, Bank of America analyst Shaun Kelley said the arrests are just the latest example of Macau being a high-risk speculative bet at this point.
From Penn National To MGM Resorts, Casino Analyst Highlights Winners And Losers From Q3
Earnings season has been extremely volatile for some of the top U.S. gaming stocks. Bank of America analyst Shaun Kelley recapped what investors need to know about the top U.S. casino, online sports betting and iGaming stocks.
MGM, Caesars Gaining US Online Sports Betting Market Share
Bank of America just reported its latest U.S.
Viva MGM: BofA Raises Company's Price Target Following Las Vegas Resort Purchase
On Monday, Blackstone Inc (NYSE: BX) announced the sale of The Cosmopolitan resort in Las Vegas for $5.65 billion.
BofA Downgrades Hyatt, Summit Hotel Properties As Delta Variant Delays Business Travel Recovery
The delta variant of COVID-19 has delayed the anticipated return to in-office work and business travel, and one analyst said Monday that lodging stocks may continue to underperform.
FanDuel, DraftKings Are Dominating US Online Sports Betting Market
Bank of America has released its latest U.S.
Casino Stocks Tank On Macau Concession Review Uncertainty: What Should Investors Expect?
Sell-offs in casino stocks Las Vegas Sands Corp. (NYSE: LVS) and Wynn Resorts, Limited (NASDAQ: WYNN) continued on Thursday on concerns over a coming revision to the gaming laws in Macau.