Jul. 8 at 1:54 PM
$RSI acquarie Equity Research analyst Chad Beynon said online gaming companies are likely to beat expectations in the second quarter of 2025, as the outlook for the year improves despite ongoing regulatory challenges.
Beynon noted that online gaming stocks have climbed 12% over the past month—outpacing the S&P 500's 4% gain—despite ongoing regulatory noise in the U.S.
The analyst attributed the rally to strong online sports betting (OSB) hold rates, especially in June, which are tracking around 13% mid-month.