$GNOG $DKNG $RSI $CZR $penn
My my the field is getting crowded. It will be interesting to see if the earnings match the expectations. Expectation is that the business of sports betting changed with mobile and had now become a gold mine instead of a low margin biz that brings traffic in the door to spend on the high margin stuff.
Many tens of billions discounted in those valuations based on future billions in profits.
Maybe margins will expand with increased competition? State politicians to offer low tax rates and less licenses 🤔? Or higher tax rat
VICI Properties Inc. Enters Definitive Agreement with Eastern Band of Cherokee Indians related to Caesars Southern Indiana http://www.conferencecalltranscripts.org/summary/?id=115734&;pr=true $CZR