Truist analyst sees potential for gaming operator M&A in 2025
Truist Securities analyst Barry Jonas said land-based gaming trends appeared more positive after a challenging 2024 and that operators were more optimistic about mergers and acquisitions. He said interest-rate cuts and anticipated changes at the Federal Trade Commission could create opportunities, while valuation expectations and bid-ask spreads would influence deals.
The analyst’s outlook may inform investors’ and operators’ expectations for gaming-sector consolidation in 2025.