Analysts assess gambling companies and Macau gaming revenue
Analysts issued views on Genius Sports, Churchill Downs, Rush Street and Gaming and Leisure Properties, according to the report. One analyst said Macau’s October gross gaming revenue fell 10% year on year, while another noted a proposed 19% value-added tax on online gaming deposits in Colombia that still requires legislative approval.
The analyst views flag possible tax and market factors relevant to gambling companies’ forecasts and valuations.