Cameron McKnight

Shares of MGM Resorts International (NYSE: MGM) are falling despite reporting a fourth-quarter sales beat on Wednesday. The casino operator reported fourth quarter adjusted earnings of 11 cents per share, falling in-line with consensus estimates. Sales came in at $3.053 billion, beating estimates...

Atlantic City casino wins were up more than 9 percent in January year-over-year, according to new state figures, but the real jackpot in the state may have come courtesy of online sports betting. New Sports Revenue  In a look at the latest state numbers from New Jersey on gaming revenues...

Casino stocks are off to a hot start in 2019. While Credit Suisse analyst Cameron McKnight said the outlook for Las Vegas is bullish, the analyst said in a Friday note that the Macau market may be much more difficult in coming quarters. Las Vegas Booming McKnight said he is positive on the U.S...

Wynn Resorts, Limited (NASDAQ: WYNN) shares were getting pummeled one day after the casino operator's mixed third-quarter earnings report. The casino operator reported Q3 earnings of $1.68 per share, missing estimates by a penny. Sales came in at $1.71 billion, beating estimates by $...

Casino operator Caesars Entertainment Corporation (NASDAQ: CZR) emerged from a 2017 bankruptcy to encompass the "best of both empires" — the Las Vegas Strip and regional gaming markets, according to Credit Suisse. The Analyst Credit Suisse's Cameron McKnight initiated...

Investors can find a lot to like about the timeshare industry, but that's doesn't mean every stock in the group is attractive, according to Credit Suisse. The Analyst Credit Suisse's Cameron McKnight initiated coverage of the following equities:  Marriott Vacations Worldwide...

Wells Fargo has published results of its Las Vegas room rate survey. Following are the five key takeaways from the survey: 1. Wells Fargo still expects 3–5 percent growth in the fourth quarter. 2. New Year's Eve trending down in low-single digits past couple weeks. 3. CES Week rates...

The positive revenue trends for Las Vegas casino operators Las Vegas Sands Corp. (NYSE: LVS), MGM Resorts International (NYSE: MGM), Wynn Resorts, Limited (NASDAQ: WYNN) and Caesars Entertainment Corp (NASDAQ: CZR) may continue through Q1 2017, including the critical New Year’s holiday...

In a report published Monday, Wells Fargo analyst Cameron McKnight commented on Macau's gaming sector, stating that "stabilization does not equal growth" and the market is adjusting to a "new normal." According to McKnight, the "new normal" consists of tighter...

Shares with exposure to the ailing Macau casino industry won't hit bottom until Wall Street's 2015 estimates see further cuts, an analyst said Friday. Wells Fargo analyst Cameron McKnight believes Wall Street's 2015 consensus for the sector is currently too high by as much as 10...