DraftKings analysts mount Hindenburg defense
DraftKings analyst reaction Come at the King: No one involved in the sector would have been surprised by much that was in the Hindenburg short-selling attack yesterday on DraftKings. Allegations around black market activity and illicit operations at the SBTech B2B arm had an immediate impact with DraftKings suffering a 10% fall in pre-open trading. […]
OSB and iCasino combo ‘packs powerful punch’ say Macquarie
Macquarie online gaming analysis Happy birthday to you: On the third anniversary of the fall of PASPA, the gaming team at Macquarie have issued new analysis which puts forward a new estimate for spend per adult of $60 in mature states rather than the previous estimate of $50. Why does this matter? According to Macquarie’s […]
Google swerves slot streaming questions
iGaming Next Bright Future day 2 Not my job guv: Speaking to Michael Pederson from iGaming Next at the end of the event’s second day, Chris Harrison, the online gaming industry lead at Google, appeared to offer a classic swerve around the question of the content of casino streamers on YouTube. Asked about content which […]
Conference touches on SPAC slowdown fears
iGaming Next Day 1 conference notes White heat: On a panel dedicated to discussing trends in M&A, Mohit Kansal, partner at Clairvest, made the obvious point about the “euphoric” M&A backdrop being driven by events in the US. “You have all this capital chasing deals to capture that growth.” Asked by panel host Julian Buhagiar […]
MGM hammers home igaming message
MGM Resorts International fireside chat Something got a hold of my heart: MGM Resorts International’s CEO Bill Hornbuckle and CFO Jonathan Halkyard took their places in the fireside chat hot seat to speak with Bernstein’s Vitaly Usmansky to talk all things digital, Vegas and Macau (with some Japanese comment thrown in). They started as per […]