{"id":6428,"date":"2024-01-11T05:03:33","date_gmt":"2024-01-11T05:03:33","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/01\/11\/morgan-stanley-anticipates-17-cagr-in-us-online-gaming-revenue\/"},"modified":"2024-01-11T05:03:33","modified_gmt":"2024-01-11T05:03:33","slug":"morgan-stanley-anticipates-17-cagr-in-us-online-gaming-revenue","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/01\/11\/morgan-stanley-anticipates-17-cagr-in-us-online-gaming-revenue\/","title":{"rendered":"Morgan Stanley Anticipates 17% CAGR in US Online Gaming Revenue"},"content":{"rendered":"<div>\n<p>Global financial behemoth Morgan Stanley comes into focus as it presents its impressive prediction for the upcoming year in the always changing US gaming market. Concentrating on the consumer discretionary sector, the company highlights the remarkable compound annual growth rate (CAGR) of 17% for online sales between 2023 and 2026, designating it as the \u201csingle highest growth opportunity.\u201d<\/p>\n<p>Despite its reputation for supporting technical innovation, <a href=\"https:\/\/igaming.org\/casino-news\/macaus-gaming-market-shows-differentiating-factors-says-morgan-stanley\/\">Morgan Stanley has low expectations for the world of online casinos<\/a>. Recognizing that legislative procedures will move slowly in 2024 and 2025 and that things will likely level off following a time of extraordinary development, the situation is both encouraging and difficult.<\/p>\n<h2>Morphing Timelines and Total Addressable Markets<\/h2>\n<p>Morgan Stanley\u2019s study causes a rearranging of launch dates for different online sports betting and casino markets, navigating the complex web of industry factors. Among the noteworthy modifications are those made to North Carolina and Maryland, which will see updated plans in the middle of 2024 and the fourth quarter of 2024, respectively. The shifting sands of Colorado, Indiana, and Iowa are reflected in the Total Addressable Market predictions, where the ripple effect is evident.<\/p>\n<p>The company\u2019s predictions for the sports betting Total Addressable Market, which project amounts of $13.4 billion (2024), $15.5 billion (2025), and $16.9 billion (2026), are impacted by these calculated reschedulings. Concurrently, the iGaming TAM projections indicate a strong increase of almost 20%, amounting to $7.1 billion, $8.8 billion, and $10.5 billion over the same three-year period.<\/p>\n<p>The respected analysts at Morgan Stanley present a convincing story, claiming that US sports betting expenditures have not only overtaken those in the UK but are almost on par with Australian estimates at this point. The company believes that if additional states legalize sports betting, these spending levels will rise to considerable percentages of people\u2019s consumer expenditure, maybe surpassing more developed economies.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/sbet\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"Sportbet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/12\/250x250-sportbetone.png\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/sbet\/\" title=\"Sportbet\" target=\"_blank\" rel=\"nofollow noopener\">Sportbet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>175% Extra +<strong> $75 Risk Free Bet<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. 17% on 1st Deposit + $75 Risk Free Bet<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino &#038; Sports<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/sbet\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Morgan Stanley makes its preferences known in the stock market by naming DraftKings as one of its \u201cmost preferred overweights\u201d and projecting an optimistic $40 share price. With a $59 price objective, Las Vegas Sands maintains its position in the brick-and-mortar market. Fanatics, a recent addition, is seen as a \u201cpossible surprise\u201d because of its strong tech stack and well-known sports brand.<\/p>\n<p>Morgan Stanley envisions a sustained dominance for the current winners, FanDuel and DraftKings. The industry leaders are well-positioned to eliminate most of their competitors by utilizing their scale advantages, which will secure their dominance in the rapidly evolving US gaming sector.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/morgan-stanley-anticipates-17-cagr-in-us-online-gaming-revenue\/\">Morgan Stanley Anticipates 17% CAGR in US Online Gaming Revenue<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Global financial behemoth Morgan Stanley comes into focus as it presents its impressive prediction for the upcoming year in the always changing US gaming market. Concentrating on the consumer discretionary sector, the company highlights the remarkable compound annual growth rate (CAGR) of 17% for online sales between 2023 and 2026, designating it as the \u201csingle [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-6428","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/6428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=6428"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/6428\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=6428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=6428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=6428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}