2025.10.07
boomtown casino fireworks display“With online peers trading at ~3x 2022 estimated enterprise value/sales, we believe online gaming is the hidden treasure of the company.1 million licensing fees.That number is steadily increasing via bolt-on acquisitions, including the 2019 purchase of Dover Downs Gaming & Entertainment.little nugget casino reno nv‘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.Our 2025 estimated online TAM of billion can be worth .“Overall, we believe shares are not reflecting the growth in the newly acquired assets and the sport/iGaming exposure.oxford casino thursday promotions best slot machine casino montrealgolden nugget casino concertsThe operator’s been highly acquisitive this year, announcing or completing property purchases across the country, mano deposit real money casino bonus codesny of which give the company footprints in markets where sports betting is taking off, including Colorado, Illinois, and Indiana, among others.They estimate Bally’s brno deposit real money casino bonus codesick-and-mortar business to be worth a share, and expect the operator will win back market share in New Jersey and Rhode Island.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.bicycle casino human resourcesThe gaming venue is the first Pennsylvania satellite to open its doors.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.1 million licensing fees.seven feathers casino dining chinook winds casino events calendarkansas star casino security50 per share, in our view,” said the analysts.Obviously, investors are cheering the move, and Wall Street added some fuel to the fire with Macquarie initiating coverage of Bally’s with an “outperform” rating.1 million bid.Our 2025 estimated online TAM of billion can be worth .The operator’s been highly acquisitive this year, announcing or completing property purchases across the country, mano deposit real money casino bonus codesny of which give the company footprints in markets where sports betting is taking off, including Colorado, Illinois, and Indiana, among others.When pending acquisitions close, the Rhode Island-based operator will have 14 casinos across 10 states, essentially all of which will be renamed Bally’s at some point next year.is cache creek casino open now four winds casino virtual roster |