Earnings+More - Wagers.com Earning+More podcast #8
Wagers.com Earning+More podcast #8California, DraftKings, Massachusetts, Bally Corp, Missouri, Penn NationalWelcome to the latest edition of the WE+M podcast. This week Steve Ruddock joins Jake Pollard to discuss the latest regulatory moves in California, Massachusetts and Missouri and DraftKings, Bally Corporation and Penn National Gaming on the corporate side. PM edition: There will be an afternoon edition of the WE+M newsletter later today, covering Genius Sports Q1s and all the key info from the BetMGM investor day. The E+M pod brought to you by Wagers.com is sent to subscribers every Thursday. WE+M podcast #8The regulatory moves around the November sports betting ballot initiatives in California dominate the news and Steve provides analyses the regulatory issues and looks at potential scenarios that could play out in the Golden State. On the east coast, Massachusetts may not be a ‘big’ state when it comes to population (7 million), but it has sporting history and disposable income on its side. On the corporate side Jake and Steve discuss DraftKings’ latest set of results and look into Bally’s and Penn National’s strategies, which are very different to many of its peers. Further readingAs mentioned in this week’s podcast, gambling stocks are feeling the full force of the current bear market. WE+M’s Scott Longley provides some excellent context on these issues for Wagers.com while Steve Ruddock went over the regulatory options in California last week. Markets down, revenues upThe markets are down on listed gambling companies currently, but the American Gaming Association’s latest quarterly figures reveal that commercial gaming have rebounded strongly in Q122 and the OSB and icasino verticals are also breaking all sorts of records in the US. Source of TruthOn Wagers’ Source of Truth, the MGM-LeoVegas deal has implications for Entain and, unsurprisingly maybe, New York bettors view risk-free bets as their preferred bonus offers. Chart of the weekHow sports betting GGRs break down according to online and retail channels in Illinois since regulation. Thank you for reading Wagers.com Earnings+More. Please share. Contact us
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May 10: Circa gains Illinois access via Full House
Tuesday, May 10, 2022
IGT Q1, Full House Resorts Q1, Gaming Innovation Group Q1, fanDuel analyst update +More
May 9: Better Collective eyes £500m Spotlight deal
Monday, May 9, 2022
Better Collective closing in on Spotlight, DraftKings analyst reaction, Penn National analyst reaction, startup focus - Network Gaming +More
May 6: DraftKings bangs earnings beat drum
Friday, May 6, 2022
DraftKings Q1 earnings extra, Century Casinos Q1
May 6: Weekend Edition #45
Friday, May 6, 2022
Watch now (28 min) | FuboTV, Golden Entertainment Q1s, AGS Q421, Bally and Penn analyst reaction, sector watch - financial trading +More
May 5: Bally board nixes Standard General bid
Thursday, May 5, 2022
Earnings extra: Bally Corp, Penn National Gaming Q1, DraftKings completes GNOG acquisition
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