Annual Gaming Review and Outlook
Annual Gaming Review and Outlook
M&A
Announced M&A activity in the traditional casino space slowed considerably in 2020, but operators are heading into 2021 flush with cash and well positioned to opportunistically transact.
Sports & Online
The online sports betting boom of 2020 has reshaped the gaming industry. Heading into 2021, the B2C market leaders are becoming clear, and we expect the focus to shift towards technological vertical integration.
Capital Markets
The market experienced unprecedented snap back following the Fed intervention in mid-March. With yields at all-time lows, the outlook for 2021 remains bright as the global search for yield will continue to drive demand in excess of supply.
Real Estate
Gaming REITs have touted the stability of regional gaming revenue since their inception, and it took a pandemic to prove it. With record low funding costs and improving valuations, these firms are as well positioned as ever to transact in 2021.
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