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Only a handful of states have released gaming revenues for December but the verdict is in

  • Not sure the Street was ready for the onslaught of bad numbers but they’re here.
  • Ohio and Pennsylvania – relatively new gaming states – are already out with high single digit/low double digit same-store declines
  • The mature gaming state of Illinois released a -13% YoY same-store decline
  • We think the sell side will likely lower Q4 estimates for PENN, PNK, and BYD 

AND THERE IS MORE TO COME…   - ssss