Regional Gaming Companies
null
position
long
Ray Kennedy, Hotchkis & Wiley
Thesis
Ray Kennedy indicates that regional gaming companies are more resilient compared to Las Vegas casinos, which may take longer to recover post-pandemic. He believes that people will continue to gamble in both good and bad times, making regional gamers a more stable investment.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a defined time frame since the pitch, it's difficult to assess whether the thesis has played out. The argument regarding the resilience of regional gaming companies compared to Las Vegas casinos is valid, but without evidence of price movement or market response, the outcome remains uncertain.
Raw excerpt
No raw excerpt stored.