I think that it's wise for media companies to be interested in electronic gaming. Gaming revenue should continue to grow at a faster rate than the overall market so I'd expect more consolidation online.
It's my personal belief that the Gaming and Casino Industry can continue to out-perform the overall market, on average, for years to come.
In the past month we've seen record-breaking earning announcements from a number of the top casino gaming companies. It didn't seem to matter went on with the economy or gas prices, people found their way to the casinos and race tracks.
The gains over the past year have been exceptional, and no one should consider them continuing at quite that rate. That being said, I think that gaming in particular does have continuing upside potential because of pure supply and demand factors.