GDEN News and Press, Golden Entertainment Inc. From 11/08/20

Golden Entertainment, Inc. (GDEN) Q3 2020 Results Conference Call November 05, 2020 12:00 PM ET Company Participants Joe Jaffoni - Investor Relations Blake Sartini - Chairman, Founder and CEO Charles Protell - President and CFO Conference Call Participants Carlo Santarelli - Deutsche Bank Dav...

Union Gaming reiterates a Buy rating on Golden Entertainment (GDEN) and lifts its price target to $22 after taking in the casino operator's Q3 earnings report. "GDEN is one of a few companies in our coverage universe that required no external capital during the COVID closures, leaving it...

Golden Entertainment (GDEN): Q3 GAAP EPS of -$0.25 beats by $0.49.Revenue of $205.4M (-15.6% Y/Y) beats by $31.44M."Q3 financial performance was led by our Las Vegas locals casinos which achieved double-digit revenue growth and collectively doubled their Adjusted EBITDA contribution...

– Local and regional casino resorts exceed 2019 third quarter financial performance – The STRAT continues to improve since reopening – Nevada bar-areas closed for most of Q3, reopened at end of September – Sustained margin expansion ...

Leisure stocks are having a strong day even as COVID-19 developments continue to trend in the wrong direction. Some analysts think the rally is tied to the election results and the odds of a split government, as well as the prospect for a stimulus package before the end of the year. Notable g...

An amendment in Maryland on sports betting has been approved by 67% of the voters in the state so far with ballots still being counted.Union Gaming's John Decree thinks legalization of sports betting in Maryland would be a big step forward for MGM Resorts (MGM), Caesars Entertainment (CZR), P...

Golden Entertainment ([[GDEN]] +4.7%) trades higher after Roth Capital turns starts off coverage with a Buy rating. Analyst David Bain calls for a "significant" Q3 earnings beat out of the casino operator and expects upward revisions to consensus marks for 2020-2022. Bain also points to short...

Golden Entertainment, Inc. (NASDAQ:GDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2020 third quarter financial results before the market opens on Thursday, November 5, 2020, and host a conference call and simultaneous...

Union Gaming says the biggest election opportunity for the sports betting industry is in Maryland. DeCree notes the state is significant due to the demographics, the propensity to wager and strong overall sports following. "With neighboring jurisdictions like Washington, DC, Delaware, Pennsyl...

The U.S. casino sector trades lower on raised concerns that a full recovery in foot traffic will take longer than anticipated. Highlighting that sentiment, South Point Hotel, Casino & Spa. owner Michael Gaughan warns that Las Vegas might not fully recover until 2022. Many U.S. operators a...