Gaming groups Lottomatica and Cirsa Enterprises have agreed to an all-share merger deal that they say will create the second-largest listed gaming and sports betting operator in the world.
NFLX's gaming push gains momentum with GTA VI and rising player engagement, but games remain an unquantified revenue source.
Gaming and Leisure Properties is upgraded to Strong Buy, with valuation at a deep discount and a highly attractive, sustainable dividend yield. GLPI delivered strong Q2 results, raised AFFO guidance to $1.219–$1.225 billion, and maintained a solid balance sheet with 4.8x leverage. Risks include heavy reliance on PENN (roughly half of the rent) and macro headwinds, but current valuation already reflects significant risk premiums.
GameSquare, Corsair Gaming and GDEV show resilience through growth, cost discipline and strong demand despite gaming industry headwinds.
Microsoft's packed fiscal 2027 gaming slate aims to reverse a sales slide, with major releases testing Xbox's path back to growth.
Investors need to pay close attention to GLPI stock based on the movements in the options market lately.
Disney DIS is sharpening its case for gaming as a genuine growth engine. Disney said its games business, largely run through licensing partners, has driven an estimated $3.5 billion in annual consumer spending over the past four years and crossed $4 billion in consumer spending in the most recent fiscal year.
Accel Entertainment is upgraded to BUY as Chicago gaming terminals may commence operations in August, offering significant incremental earnings potential. 2Q26 results exceeded expectations, with revenue up 10% yoy to $368m and adjusted EBITDA rising 11% yoy to $59m, driven by operational efficiencies and state expansion. ACEL benefits from above-sector median EBITDA growth, a strong balance sheet, ongoing share buybacks, and low forward EV/EBITDA valuation multiples.
SharpLink Gaming NASDAQ: SBET reported a wider second-quarter net loss as unrealized losses and impairment charges tied to its Ethereum holdings outweighed growing revenue from staking and yield-generating strategies.
Boyd Gaming Corporation BYD pairs a discounted valuation with steady regional demand and new growth projects. Midwest & South and Managed operations are providing support while Las Vegas destination weakness and construction disruption remain pressure points.
Boyd Gaming Corporation BYD raised its 2026 outlooks for the Managed and Online businesses after second-quarter results showed improving contributions from Sky River Casino and Boyd Interactive. Those upgrades add earnings support as Las Vegas destination weakness and renovation disruption continue.
Corsair Gaming NASDAQ: CRSR reported second-quarter results marked by higher gross margins, improved profitability and substantially stronger operating cash flow, while raising its full-year 2026 outlook. The company said growth in Gamer and Creator Peripherals, including sim racing and creator products, helped offset continued pressure on DIY PC component demand tied to elevated memory prices.