Analysts assess Penn, Boyd and US igaming prospects
Analysts at J.P. Morgan and Jefferies issued views on Penn Entertainment, Boyd Gaming and US gaming markets in notes dated 22–23 January. J.P. Morgan estimated Penn’s regional gross gaming revenue rose 3% year on year in Q4 2024 and Boyd’s Midwest and South revenue increased 5%; Jefferies discussed igaming legislation in several states. The source also reports that Massachusetts was debating legalisation, with a proposed 20% tax rate and $5m licence fee.
The estimates and legislative assessments inform investor views on operators and potential US igaming markets.