Analysts assess Churchill Downs, New York betting and Bally’s
Analysts discussed Churchill Downs’ growth prospects and operating execution, New York online sports betting figures, and Bally’s funding needs, according to reports of their comments. New York’s Gaming Commission data for the week ending 17 May showed sports betting gross gaming revenue up 5% year on year and handle down 15%; second-quarter-to-date revenue was up 22% and handle down 2%.
The figures and analyst views inform assessments of operator performance and the funding required for Bally’s planned projects.