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Casino
April 28, 2022
Fitch Happy with Aristocrat Financials as M&As Continue
Rating agency Fitch is confident that Aristocrat Leisure Limited will continue to invest heavily in the mergers and acquisitions (M&A) segment with the company tipped to spend as much as AU$100 million ($71 million) annually in order to maintain its momentum and add valuable assets that will consolidate its standing in the land-based and digital […]
Industry
April 13, 2022
Fitch Moderately Optimistic about Scientific Games Lottery Business
Scientific Games received a “B” default mark from Fitch Ratings on Tuesday with the credit rating company assessing the value of Light & Wonder’s lottery business. Scientific Games demerged from the rebranded Light & Wonder to pursue lottery operations on its own and is now run by Brookfield Business Partners in what was a $6-billion […]
Business
October 15, 2020
Fitch: Las Vegas Faces a Prolonged Way to Recovery
Fitch Ratings published a gambling industry research Wednesday, claiming regional casinos are bouncing back and gradually heading towards pre-closure levels. The rating agency noted, though, that for Las Vegas the road to recovery would be slow, projecting 2024 as the year the gambling Mecca would reach its 2019 revenue levels. Reliance on Convention, Tourism and […]
