SBC, a leading media and events company for the betting and gaming industry, has announced its first-ever Earnings & More: Capital Markets Forum, to be held at the New York Stock Exchange on May 6, 2024. The event, organized in collaboration with Earnings+More, will bring together 200 attendees from investment banks, M&A and strategic advisory firms, financial analysts, and senior decision-makers from the gambling sector. The forum will feature expert insights and networking opportunities on the key trends and developments shaping the betting and iGaming space in the United States and globally.
Private Equity and Gaming: What is the Value Proposition?
One of the conference sessions will focus on the role and impact of private equity in the gaming industry, as the era of readily available capital comes to an end. The panelists will evaluate the historical performance of private equity in the gaming sector, and identify the promising targets for future involvement, both in the public and private markets. The panel will include Adam Rosenberg, Senior Advisor for Gaming and Leisure at Blackstone, Joel H. Simkins, Managing Director at Houlihan Lokey, Nanette Heide, Global Chair of the Private Equity Group at Duane Morris, and John Decree, Analyst at Global Commercial Real Estate Services.
The panelists will discuss the specific contributions that private equity can make to the gaming industry, such as providing growth capital, operational expertise, strategic guidance, and exit opportunities. They will also address the challenges and risks that private equity faces in the gaming sector, such as regulatory uncertainty, market volatility, and competition from other sources of funding.
Billion-dollar Babies: The Swing to Profitability and its Implications
Another session will explore the implications of the shift towards profitability and the emergence of billion-dollar EBITDA giants in the online sports betting and online casino industry in the United States. The panelists will examine how the substantial profits generated by the sector frontrunners will affect the rest of the field, and how those earnings will be utilized. The panel will also discuss whether the industry will witness increased merger and acquisition activities, as well as the potential impact of new entrants and new markets. The panel will feature Andrew Fabian, Investment Banking – Global Technology Group at Citi, Barry Jonas, Managing Director at Truist Securities, Cassandra Lee, Senior Associate at Bettor Capital, and Chad Beynon, Senior Equity Analyst at Macquarie.
The panelists will analyze the drivers and indicators of profitability in the online sports betting and online casino industry, such as customer acquisition, retention, and monetization, product differentiation, innovation, and optimization, market size, growth, and regulation, and cost structure, efficiency, and scalability. They will also share their views and forecasts on the future outlook and opportunities for the industry, both in the United States and globally.
Safe European Home: What do Withdrawals from North America Say About Future Ambitions?
A third session will delve into the challenges and strategies of European companies that have struggled to penetrate the North American market, and have decided to withdraw or reduce their presence. The panelists will discuss the reasons and lessons behind the failed ventures, and how to address the investor concerns and expectations. The panel will also explore the future plans and ambitions of the European companies, both in their home markets and in other regions. The panel will include Ramy Ibrahim, Managing Director at Moelis & Company, Matt Sodl, Founding Partner and President at Innovation Capital, and Robin Chhabra, CEO at Tekkorp.
The panelists will evaluate the factors and barriers that have hindered the success of European companies in the North American market, such as cultural differences, customer preferences, competitive landscape, regulatory environment, and operational challenges. They will also suggest the best practices and approaches for entering and succeeding in new markets, such as partnerships, acquisitions, joint ventures, and licensing deals.
The Earnings & More: Capital Markets Forum is a unique and exclusive event that will provide valuable insights and networking opportunities for the betting and gaming industry and the capital markets. The event will take place at the iconic New York Stock Exchange, the world’s largest and most prestigious stock exchange, and will feature a tour of the trading floor and a closing bell ceremony.
