These Gaming Stocks Are Under Pressure As Analyst Cuts Forecast On Macau Risk And Soft Vegas Data
1. Kelley adjusts gaming estimates amid uncertain Macau environment. 2. Gaming stocks down 12% year-to-date, S&P down 9%. 3. First-quarter EBITDA estimates for Macau are 5% below consensus. 4. Visitor trends improving, but caution in Las Vegas expected. 5. Kelley lowers fiscal 2025 Vegas EBITDA estimates by 2.5%.