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