Fantini Research

We provide comprehensive reports of actionable information to investors and executives in a succinct, time-saving and conversational writing style.

[Fantini Research @FantiniResearch]

First Sip of Coffee: Truist Downgrades PENN to hold, WYNN beats in Q2 with strong Las Vegas and Macau trends.

Want more? Visit https://t.co/altQ1AVQC3 today.

[Fantini Research @FantiniResearch]

First Sip of Coffee: China issued nearly 43 million travel visas to Macau, Hong Kong, and Taiwan if the first half of 2023. Accel Entertainment hits 52-week high on positive earnings.

Want more? Visit https://t.co/altQ1AVQC3 today.

[Fantini Research @FantiniResearch]

First Sip of Coffee: Massachusetts State Lottery revenue beat its record year-over-year. MGM Resorts beats Q2 earnings consensus, setting an all-time revenue record.

Want more? Visit https://t.co/altQ1AVQC3 today.

[Fantini Research @FantiniResearch]

First Sip of Coffee: Caesars Digital EBITDA is positive for the first time since rebranding. IGT beats and raises earnings.

Want more? Visit https://t.co/altQ1AVQC3 today.

[Fantini Research @FantiniResearch]

First Sip of Coffee: Golden Entertainment plans to accelerate returns to shareholders. Slot purchases are up while lottery sales slow down. Today’s Conference Call summaries include IGT, Melco, and Caesar’s Entertainment.

Want more? Visit https://t.co/altQ1AVQC3 today.

[C. Blake Weishaar @BlakeWeishaar]

We talked @GeoComply transactions, active users during the World Cup Final, $CHDN acquiring Exacta Systems and @BetMGM receiving a license in Massachusetts this morning.

https://t.co/QNzEvSXwAt

[C. Blake Weishaar @BlakeWeishaar]

NJ gaming revenue $441.122m in Nov. +0.3% over '21

Casinos $214.536m +3.7%
iGaming $146.159m +$23.9%
Sports betting $80.427m -29.9%
Handle $1.102b -12.44%

https://t.co/Wty3Z9SSfC

[C. Blake Weishaar @BlakeWeishaar]

We discussed some strong early-morning stock moves, the status of Brazilian sports betting and Roth analyst Ed Engel raising his target on $INSE

https://t.co/2frIPnq5vY

[C. Blake Weishaar @BlakeWeishaar]

MD OSB generated $25.9m in GGR on $186.085m in handle in nine days of operation in November

@FanDuel sportsbook at @LiveCasinoMD led handle market share at 48% followed by $DKNG at 37%.

@BetMGM with 8%,
@BSSportsbook with 3%, $CZR with 2%

[C. Blake Weishaar @BlakeWeishaar]

NY OSB market share led by @FanDuel in November at 53% revenue, 42% handle.

$DKNG took second at 28.57% revenue, 32.09% handle.

Overall market revenue a record $148.222m on handle of $1.554b.

https://t.co/lj0uYm40JF

[C. Blake Weishaar @BlakeWeishaar]

.@FanDuel led sports betting market share in IL, accounting for 42% of total revenue in October. $DKNG second at 25%.

DKNG led handle share at 34%. FanDuel took second at 32%.

Overall market was a record $102m revenue, $1.030b handle.

https://t.co/a2c6xztvUf

[C. Blake Weishaar @BlakeWeishaar]

We discussed Maryland gaming revenue, Entain refinancing its term loan B and Credit Suisse analyst Larry Gandler raising his target and estimates on Tabcorp
https://t.co/hAEvGHNQ8f

[C. Blake Weishaar @BlakeWeishaar]

Make sure to listen to our weekly call tomorrow morning to hear about what's going on in the industry! https://t.co/2Q4eYQNhU2

[C. Blake Weishaar @BlakeWeishaar]

AZ Sept sports betting shows @FanDuel leading revenue market share at 36%, $DKNG leading handle at 40%

DKNG second for revenue at 24%, FanDuel second for handle at 27%

@BetMGM third for revenue and handle at 20%, 15%

Overall $55m revenue, $537m handle

https://t.co/62LmuDQpBh

[C. Blake Weishaar @BlakeWeishaar]

Blackstone selling its 49.9% stake in @MGMGrand and @MandalayBay, valuing the combined properties at $5.5b, to $VICI.

VICI owns the other 50.1%

Sale expected to close in Q1.

https://t.co/pZ3ly8PdZz

[C. Blake Weishaar @BlakeWeishaar]

Tune in tomorrow morning to hear about what's going on in the gaming industry! https://t.co/iFRcoX8Ivj

[C. Blake Weishaar @BlakeWeishaar]

This morning's talk covered $DKNG's reimbursement of the $300,000 in lost funds over the weekend, $SGHC Q3 earnings and Star Entertainment's trading update

https://t.co/yG9f8OoGme

[C. Blake Weishaar @BlakeWeishaar]

.@BetMGM led combined digital market share in MI in October at 32.73%, leading iGaming at 37.10%, 2nd for OSB at 20.22%.

@FanDuel led OSB at 42.41%, 2nd for iGaming at 16.33%

$DKNG third for OSB at 20.09% and iGaming at 16.05%.

Marketwide revenue at $190.186m.

[C. Blake Weishaar @BlakeWeishaar]

Make sure to listen in tomorrow morning to hear about what's going on in the industry! https://t.co/qEvXMXFWzw

[C. Blake Weishaar @BlakeWeishaar]

.@FanDuel led NY OSB market in October at 52.47% revenue, 39.45% handle

$DKNG followed at 28.20% revenue, 34.63% handle

$CZR 3rd at 10.25% revenue, 12.64% handle

Record market-wide revenue $145.655m in October, handle $1.544b

https://t.co/lj0uYlMXHF