Seasonal Spots Betting Slowdown Doesn't Slow Bullish Optimism
Schwab Network · Schwab Network
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Show Notes
Chad Beynon sees strength in luxury travel and gaming despite a compression in booking windows and pressure on lower-end chains. His top pick is Hyatt Hotels (H), citing strong upscale and luxury properties. He's also bullish on Caesars (CZR), driven by growth in digital market share and sports betting. Beynon remains optimistic about the U.S. gaming industry, expecting 20-30% growth in the digital space, and believes companies like DraftKings (DKNG) and Flutter (FLTR) are well-positioned to benefit from iGaming legislation.
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