Analysts track New York sports betting and casino-sector results
Analysts reviewed New York online sports betting, casino company results, tariffs and casino foot traffic in notes cited in a press roundup. J.P. Morgan’s Daniel Politzer said year-to-date third-quarter online sports betting revenue was tracking 3% higher year on year, with handle up 9%; Jefferies’ David Katz said Monarch Casino’s second-quarter adjusted EBITDA was $51.3m.
The reported figures inform investors’ views of betting trends and casino-company performance across several US markets.