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“If you’re buying or selling one-day options, that is not investing. It is not speculating. It is gambling,” Buffett said during an interview with CNBC. “There’s nobody who can explain why they’re buying an option for one day.”
Buffett, who built his fortune buying “wonderful businesses” at fair prices and holding them for the long term, believes the public has mistakenly adopted a get-rich-quick mindset.
“We’ve never had people in a more gambling mood,” Buffett observed.
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Macquarie’s Beynon agrees with that sentiment, pointing to the relative stability of gaming companies through tough economic stretches such as the Covid-19 pandemic. Bankruptcies in the sector have been low relative to the broader market, he notes, and both land-based and digital companies have reason for optimism moving forward.
“It’s certainly not lost on us that this sector has underperformed for several years in a row just because it doesn’t have either the growth of say, tech companies, or the perceived free cash flow-insulated businesses, which we believe it does…We’ve thought there’s been value in the sector for a few years, particularly this year,” he told iGB.
Jess has covered the global gaming industry since 2022. A native of Reno, Nevada, he’d like to note that it’s Ne-va-da, not Ne-VAH-da.
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The post Push Gaming Launches Flaming Streaks With Fiery Jackpots and Streak Spins Mechanic appeared first on Vegas Slots Online News.
Push Gaming has added Flaming Streaks, a 3×3 classic-style slot built around four jackpots and a guaranteed-win bonus round. The release says more about the studio’s segmented output than about the game itself.
The title doesn’t come from Push Gaming’s main studio. It comes from Reel Hot Games, the sub-brand that handles the developer’s fruit, sevens, and Vegas-style output. That distinction matters. It positions Flaming Streaks as a deliberate return to old-school territory rather than a headline release aimed at the high-volatility audience Push Gaming is better known for.