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Why Do Casinos Lose Money?

Motley Fool Money
Motley Fool Money
Episode • Feb 6, 2023 • 21m

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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Motley Fool Money • Why Do Casinos Lose Money? • Listen on Fountain