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Wall Street Analysts Weigh Churchill Downs M&A, MGM Takeover Floor, Sportradar FX Hit, and Macau's Post-World Cup Recovery
General

Wall Street Analysts Weigh Churchill Downs M&A, MGM Takeover Floor, Sportradar FX Hit, and Macau's Post-World Cup Recovery

A clutch of sell-side notes published in late July and early August 2026 reveals four distinct storylines shaping investor sentiment across the global gaming sector: Churchill Downs pursuing a regional asset sale, MGM anchored by a $48.30 takeover offer, Sportradar absorbing a €9 million FX headwind, and Macau lagging its own recent recovery pace after a soft World Cup and a disruptive typhoon.

U.S. Commercial Gaming Hits Record $78.7 Billion in 2025 as iGaming Surges 27.6% and Tax Revenue Climbs 15.1%
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U.S. Commercial Gaming Hits Record $78.7 Billion in 2025 as iGaming Surges 27.6% and Tax Revenue Climbs 15.1%

The American Gaming Association's full-year Commercial Gaming Revenue Tracker confirms the U.S. regulated market has posted its strongest result on record, with iGaming's $10.74 billion haul and a $18.09 billion tax contribution redefining the scale of state-licensed gambling. The AGA used the announcement to sharpen its attack on prediction markets, estimating they have already diverted more than $500 million in potential sports betting tax revenue.

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