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Analysts temper third-quarter earnings expectations for gaming companies

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J.P. Morgan analyst Daniel Politzer and Truist Securities analyst Barry Jonas expressed cautious expectations for gaming companies’ third-quarter earnings in investor notes released on Tuesday. Jonas said September regional casino revenue was on course to rise 7% from 2025, while the analysts identified differing prospects across regional, Las Vegas, Macau and online businesses.

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The analysts’ views inform investor expectations for gaming companies across several markets and business segments.

End-of-day close PENN Entertainment (PENN), USD, to 4 November 2026
Story date8 September 20264 November 2026

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