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Stars has plummeted with other value and casino stocks, down from 11x to 7.7x however:

1) Won a reversal of a $870m lawsuit in Kentucky at the Appeals Court,
2) Signed with the NBA as the 'official' gaming operator for the league of NBA brands and data for online gambling.

So they can use official logos, et al.

Stars also signed agreement with another casino chain which will give them exposure to sports gambling in 13-14 states now.

More sportsbooks opened in PA today, and more are supposed to open by March Madness. This is a very long-term secular tailwind.
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