Las Vegas set for Super Bowl jackpot
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 9 February 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
Episode transcripts seekingalpha.com/wsb.
Show links:
Biggest stock movers today: Cloudflare, Pinterest, and more
Focus on smokeless tobacco paying off for British American Tobacco
Five questions on investors’ minds for 2024 answered - UBS
Greenlight Capital founder: Markets are fundamentally broken by passive investors
Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Friday, February 9th. I'm Julie Morgan. |
| 0:13.0 | Super Bowl 58 will be held in Las Vegas this Sunday and the bets are rolling in. |
| 0:18.8 | Doordash has an all-in big game promo and Coca-Cola is adding some spice to your life. |
| 0:26.2 | Super Bowl 58 will be held in Las Vegas this Sunday. |
| 0:30.2 | The annual entertainment filled weekend is setting up to be a jackpot for the Las Vegas Strip and sports betting operators. |
| 0:38.0 | According to the American Gaming Association, a record 68 million Americans will wager 23.1 billion dollars on the big game. |
| 0:47.0 | Of course those wagers take on different forms from betting with bookies, casually with friends, |
| 0:52.4 | and of course the legal market. |
| 0:54.4 | The perfect mix of sports betting legalization in new states and a high interest game |
| 0:59.6 | has some forecasters predicting legal wagers could top 1.3 billion dollars across the 39 regulated markets. |
| 1:08.8 | Notably, this year's Super Bowl will mark the first time that legal Super Bowl bets will be made in Florida. |
| 1:15.8 | Other states in the betting mix this year include Massachusetts, Kentucky, Maine, Vermont, |
| 1:21.8 | and Nebraska. |
| 1:23.2 | And you may not like it, but Taylor Swift is moving the needle with sports betting. |
| 1:27.9 | Props bet volume on the Super Bowl has soared to record levels already at major sports books with action involving |
| 1:35.4 | Swift herself and Kansas City Chief Star Travis Kelsey a significant factor. |
| 1:40.9 | The list of stocks that could see an incremental boost from all the attention on Las Vegas includes Red Rock Resorts, Vichy Properties, Golden Entertainment, Hilton Worldwide, and Bally's Interactive. |
| 1:55.0 | Morgan Stanley's long-term view of the overall market share dynamics is largely unchanged |
| 2:01.6 | with fan duel and draft keen seen being at the top |
| 2:05.0 | followed by Bet MGM, Caesar's Sportsbook, and ESPN Bet. |
| 2:10.0 | If you're looking for a catch-all E. T.F, the Round Hill Sports Betting and I- Gaming E-T-F is one way to play the |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.