2025.11.02
nugget casino reno parking‘Hidden Treasure’When factoring the all-important total addressable market (TAM), a point of emphasis among analysts covering gaming companies with online and mobile sports betting exposure, Macquarie sees value in Bally’s.“The company already has market access agreements with top online platforms, including DraftKings, Fanduel, Pointsbet, etc.Category 4 SpeakingSatellite casinos, officially Category 4 gaming venues, were authorized in Pennsylvania by way of the state’s Expanded Gaming Act, which passed in 2017.resorts casino gift shop”Bally’s also wrapped up the million purchase of its eponymous property on the Atlantic City, NJ boardwalk from Caesars Entertainment (NASDAQ:CZR).Pittsburgh is inclusive of the .“With online peers trading at ~3x 2022 estimated enterprise value/sales, we believe online gaming is the hidden treasure of the company.harrah s casino cherokee north carolina directions luckyland slots download appgolden nugget casino online reviewsThe gaming venue is the first Pennsylvania satellite to open its doors.Bally’s agreement with Sinclair jibes with the sports wagering push, as the 21 RSNs that will eventually bear the gaming company’s name.24.brian christopher slots dailyOur 2025 estimated online TAM of billion can be worth .as well as its omni-channel database of 14 million members.The operator’s been highly acquisitive this year, announcing or completing property purchases across the country, maraging bull casino onlineny of which give the company footprints in markets where sports betting is taking off, including Colorado, Illinois, and Indiana, among others.river spirit casino birthday free play coushatta casino kinder la reviewsroulette casino styleGaming expansion found favor among Republicans, as well as Democratic Governor Tom Wolf.as well as its omni-channel database of 14 million members.“With online peers trading at ~3x 2022 estimated enterprise value/sales, we believe online gaming is the hidden treasure of the company.Not Fully LovedMacquarie points out that five years ago, the company now known as Bally’s controlled just two gaming venues.Even with all the deal-making, Macquarie says Bally’s is a mid-sized value name that’s not yet fully appreciated by the broader investment community.Our 2025 estimated online TAM of billion can be worth .the paragon casino cinema seven feathers casino keno |