More companies are lobbying for essentially allowing online casinos on their apps. If you're a problem gambler, then having a slot machine in your pocket gives you access to the game whenever, wherever you want. The eye gaming business is only in about 11% of the population states wise. But I don't see that as a big profit driver going forward.
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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