Thomas Allen: US Online Sports betting & iGaming - Are we entering a bear market?

Morgan Stanley gaming analyst Thomas Allen joins iGaming NEXT co-founder and MD, Pierre Lindh, to discuss the future of iGaming and sports betting investment in the burgeoning United States market. Managing Director Thomas Allen sets out why he believes that the current share prices of publicly listed gambling firms in the US do not reflect their value in the mid- to long-term, as he expects the market to turn to profit by 2025. The pair discuss the challenges faced so far by operators in the market – and how they will be mitigated moving forward, allowing the market to turn to profit and investments in the sector to pay off. ABOUT THOMAS ALLEN: Thomas Allen is a Managing Director and has headed US Gaming, Lodging & Leisure research since 2013. He is a top 3 ranked analyst and has also received 4 or 5 out of 5 stars from Starmine for stock-picking in 3 of the past 4 years. He covered Gaming & Lodging from 2006 to 2009 as part of Celeste Brown's No. 2- ranked team. Thomas then covered Diversified Financials before becoming a lead analyst covering Business Services companies. Prior to joining Morgan Stanley in 2006, he worked in capital markets at Bank of America. Thomas has a BA in Economics from University of Pennsylvania. _____ This episode of the iGaming NEXT podcast is hosted by Pierre Lindh, MD/Co-Founder at iGaming NEXT and is brought to you by: Pragmatic Solutions. – Leading iGaming platform technology. For more info, click here: http://pragmatic.solutions Sponsored by: Pragmatic Play - https://www.pragmaticplay.com Fast Track: https://www.fasttrack-solutions.com