\u201cRegarding Macau, we expect demand to significantly improve ahead of CNY (Jan 22nd), which could be a catalyst for Macau estimates,\u201d <\/strong>said Beynon.<\/p>\nGaming Industry Small-Cap Ideas<\/h2>\n
With the exception of Everi, the gaming industry stocks on Macquarie\u2019s preferred list are mid- and large-cap names. However, the research firm has some ideas among small-caps \u2013 a market capitalization segment that\u2019s outperforming its larger rivals this year.<\/p>\n
In addition to Everi, Macquarie is constructive on internet lottery provider NeoGames (NASDAQ:NGMS) and sportsbook operator Rush Street Interactive (NYSE:RSI), among small-cap gaming equities.<\/strong><\/p>\nRSI, which is nearing profitability, operates under the BetRivers and PlaySugarHouse brands, and is currently available with mobile or retail businesses in Colorado, Illinois, Indiana, Iowa, Michigan, New Jersey, New York, Pennsylvania, Virginia, and West Virginia.<\/p>\n","protected":false},"excerpt":{"rendered":"
Broadly speaking, share price performances across the gaming industry this year are unimpressive. That\u2019s the result of macroeconomic headwinds, including persistent inflation and rising interest rates, as well as ongoing concerns regarding when sportsbook operators will finally reach profitability. Still, gross gaming revenue (GGR) and visits data, including Las Vegas and regional market, belie weak […]<\/p>\n","protected":false},"author":46,"featured_media":247468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,1074],"tags":[81897,81903,80968],"acf":[],"yoast_head":"\n
Some Gaming Industry Stocks Could Be 2023 Winners<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n