Looking at the deals sports betting companies have made with Casinos, Union Gaming expects the market to continue growing fast.
The casino’s year-end performance surpassed expectations and leads Union Gaming to revise its forecast upward.
Analysts from Union Gaming suggest that IGT and Scientific Games are going to make boatloads of cash from this deal.
After Union Gaming shot down five possible casino locations in and around Chicago, Illinois, the Windy City still had some other options.
Union Gaming Securities has updated its forecast on the Wynn Resorts, asserting that its EBITDA will be 2.5% lower than other forecasts have indicated.
Penn National Gaming is opening a sportsbook at Indiana’s Ameristar Casino East Chicago which allows Chicagoans to start placing wagers on sporting events.
The locations for possible casino development in Chicago have been identified, however none met the approval.
While VIP players are slipping away, Govertsen is sure that the mass market will continue to grow.
Union Gaming has been chosen for a casino feasibility study to allows casino legislation in Chicago, as well as an IR in the city.
Despite the International Game Technology PLC's earnings forecast cut, Union Gaming indicates that the slot machine maker is still a “buy.”