Gaming: All In: Your Weekly Gaming Round-up

研报英文原文证据摘录

Gaming: All In: Your Weekly Gaming Round-up

J P M O R G A N Europe Equity Research

17 July 2026

Gaming

All In: Your Weekly Gaming Round-up

European Leisure, Hotels & Gaming Gaming stocks underperformed modestly this week – except for Entain

(+7%) likely on the back of the UK’s crackdown on unlicensed operators and Estelle Weingrod AC

some bookie-positive World Cup results. Recent headwinds spanned both (44-20) 7742-8502

results and regulation: (i) Iowa June GGR fell 15% y/y (handle 10%) and New estelle.weingrod@jpmorgan.com

J.P. Morgan Securities plc

Jersey GGR fell 38% y/y (handle +16%); (ii) NY weekly GGR (ending July AC Karan Puri

5) also fell -4% despite handle +55% (World Cup driven); (iii) Ohio iGaming

(44-20) 7742-8342

legislation is likely to stall after the senator leading the bill left the legislature; karan.puri@jpmorgan.com

and (iv) Pennsylvania advanced tighter online-gambling safeguards. J.P. Morgan Securities plc

Offsetting items included (i) Arizona opening applications retail sports Avni Garg

betting licenses, (ii) the UK preparing a consultation on restricting unlicensed (91-22) 6157-3431

gambling sports sponsorships as well as (iii) California tribes reaffirming avni.garg@jpmchase.com

plans for 2028 OSB push. Elsewhere, Evolution posted a soft Q2 today, J.P. Morgan India Private Limited

lagged by Asia weakness, and Entain announced a ~2% workforce reduction Specialist Sales contact details:

to offset UK tax increase.

Olivia Petronilho - Specialist Sales -

European Consumer

Prediction markets remained in focus as Michigan court let Kalshi use (44-20) 3493-3709

address-based blocking temporarily while geofencing was evaluated; CFTC olivia.b.petronilho@jpmorgan.com

ordered Kalshi to honor executed MI sports contracts; while Polymarket