Matt Frankel: It seems counterintuitive, but it's expensive to run a casino. He says casinos have the disadvantage that they need a physical property. Frankel: Customer acquisition costs are very high because there's so much competition.
If the house always wins, why are gambling companies having trouble turning a profit?
(0:21) Jason Moser discusses: - Privately-owned restaurant companies Cava Group and Panera Brands mulling a return to the public markets - How Panera has evolved since its last time as a public company - A key metric he's watching when Chipotle reports earnings on Tuesday afternoon
(9:40) Ricky Mulvey and Matt Frankel discuss the struggles gambling businesses having making money and one business breaking the trend.
Stocks discussed: CMG, PDYPY, MGM, DKNG, CHDN
Host: Chris Hill Guest: Jason Moser, Matt Frankel Producer: Ricky Mulvey Engineers: Rick Engdahl
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