'The whole landscape changed': Gaming CEOs see new opportunities post-midterms
CNBC·
Image: CNBC
Midterm election results have created new openings for U.S. gambling expansion, while raising the prospect of greater political and legal pressure on prediction markets, according to gaming industry executives.
"The whole landscape changed," said Craig Billings, CEO of Wynn Resorts, during the company's earnings call Thursday.
Wynn has been closely watchng developments in the Middle East as it looks to open the United Arab Emirates' first legal casino in 2027. Billings said he suspects the election will have an impact on the "likely trajectory of the conflict in the region."
Closer to home, Billings sees opportunities in Texas. And he's not the only one.
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