{"scope": "industry", "title": "Gambling", "sector": "Consumer Cyclical", "industry": "Gambling", "intelligence": {"score": 24, "label": "Concentrated distribution", "tone": "negative", "stance": "Review exposure and filing context", "brief": "Priced common-share disposals are concentrated enough to warrant review, but they are not treated as a standalone bearish forecast.", "confidence": 75, "confidence_label": "Well supported", "filings": 143, "companies": 5, "insiders": 29, "signal_events": 50, "acquisition_events": 4, "disposal_events": 46, "acquisition_share": 8.0, "disposal_share": 92.0, "acquisition_value": 429549.5, "disposal_value": 21657181.761, "net_value": -21227632.261, "acquisition_value_label": "$429.5K", "disposal_value_label": "$21.7M", "net_value_label": "-$21.2M", "data_quality": 36, "priced_common_share": 35, "latest_date": "2026-08-05", "latest_signal_date": "2026-08-05", "oldest_date": "2026-05-18", "evidence_classes": [{"key": "common_equity", "label": "Common equity", "count": 88, "bar_width": 100.0}, {"key": "equity_award", "label": "Equity compensation", "count": 39, "bar_width": 44.3}, {"key": "derivative", "label": "Options and derivatives", "count": 4, "bar_width": 4.5}, {"key": "other", "label": "Other securities", "count": 12, "bar_width": 13.6}], "roles": [{"label": "Director", "count": 45, "bar_width": 100.0}, {"label": "Other executive", "count": 42, "bar_width": 93.3}, {"label": "CEO and chair", "count": 33, "bar_width": 73.3}, {"label": "Finance leadership", "count": 23, "bar_width": 51.1}], "supports": ["4 distinct acquisition events survive duplicate and security-type controls.", "Participation spans 29 named insiders rather than one filing source.", "The latest qualifying evidence is fresh, dated 05 Aug 2026."], "risks": ["Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight."]}, "timeline": [{"start": "2026-05-25", "label": "25 May", "acquisitions": 0, "disposals": 3, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 3, "height": 4.4, "acquisition_height": 0.0, "disposal_height": 100.0}, {"start": "2026-06-01", "label": "01 Jun", "acquisitions": 22, "disposals": 46, "qualified_acquisitions": 0, "qualified_disposals": 24, "total": 68, "height": 100.0, "acquisition_height": 32.4, "disposal_height": 67.6}, {"start": "2026-06-08", "label": "08 Jun", "acquisitions": 1, "disposals": 5, "qualified_acquisitions": 1, "qualified_disposals": 2, "total": 6, "height": 8.8, "acquisition_height": 16.7, "disposal_height": 83.3}, {"start": "2026-06-15", "label": "15 Jun", "acquisitions": 1, "disposals": 4, "qualified_acquisitions": 0, "qualified_disposals": 3, "total": 5, "height": 7.4, "acquisition_height": 20.0, "disposal_height": 80.0}, {"start": "2026-06-22", "label": "22 Jun", "acquisitions": 3, "disposals": 5, "qualified_acquisitions": 3, "qualified_disposals": 1, "total": 8, "height": 11.8, "acquisition_height": 37.5, "disposal_height": 62.5}, {"start": "2026-06-29", "label": "29 Jun", "acquisitions": 4, "disposals": 9, "qualified_acquisitions": 0, "qualified_disposals": 4, "total": 13, "height": 19.1, "acquisition_height": 30.8, "disposal_height": 69.2}, {"start": "2026-07-06", "label": "06 Jul", "acquisitions": 5, "disposals": 1, "qualified_acquisitions": 0, "qualified_disposals": 1, "total": 6, "height": 8.8, "acquisition_height": 83.3, "disposal_height": 16.7}, {"start": "2026-07-13", "label": "13 Jul", "acquisitions": 1, "disposals": 2, "qualified_acquisitions": 0, "qualified_disposals": 1, "total": 3, "height": 4.4, "acquisition_height": 33.3, "disposal_height": 66.7}, {"start": "2026-07-20", "label": "20 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-27", "label": "27 Jul", "acquisitions": 2, "disposals": 4, "qualified_acquisitions": 0, "qualified_disposals": 2, "total": 6, "height": 8.8, "acquisition_height": 33.3, "disposal_height": 66.7}, {"start": "2026-08-03", "label": "03 Aug", "acquisitions": 12, "disposals": 11, "qualified_acquisitions": 0, "qualified_disposals": 6, "total": 23, "height": 33.8, "acquisition_height": 52.2, "disposal_height": 47.8}, {"start": "2026-08-10", "label": "10 Aug", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}], "peers": [{"label": "Recreational Vehicles", "score": 75, "confidence": 89}, {"label": "Home Improvement Retail", "score": 75, "confidence": 75}, {"label": "Auto Manufacturers", "score": 74, "confidence": 86}, {"label": "Lodging", "score": 67, "confidence": 83}, {"label": "Personal Services", "score": 65, "confidence": 80}, {"label": "Textile Manufacturing", "score": 57, "confidence": 51}, {"label": "Residential Construction", "score": 53, "confidence": 94}, {"label": "Apparel Manufacturing", "score": 50, "confidence": 91}, {"label": "Furnishings, Fixtures & Appliances", "score": 49, "confidence": 92}, {"label": "Restaurants", "score": 48, "confidence": 91}, {"label": "Footwear & Accessories", "score": 48, "confidence": 88}, {"label": "Leisure", "score": 46, "confidence": 92}, {"label": "Homebuilding & Construction Supplies", "score": 46, "confidence": 55}, {"label": "Auto & Truck Dealerships", "score": 45, "confidence": 95}, {"label": "Specialty Retail", "score": 43, "confidence": 91}, {"label": "Apparel Retail", "score": 43, "confidence": 90}, {"label": "Auto Parts", "score": 42, "confidence": 90}, {"label": "Luxury Goods", "score": 32, "confidence": 70}, {"label": "Travel Services", "score": 27, "confidence": 89}, {"label": "Packaging & Containers", "score": 25, "confidence": 95}, {"label": "Resorts & Casinos", "score": 25, "confidence": 93}, {"label": "Internet Retail", "score": 24, "confidence": 96}, {"label": "Gambling", "score": 24, "confidence": 75}, {"label": "Department Stores", "score": 14, "confidence": 70}], "leaders": {"constructive": [], "cautious": [{"symbol": "ACEL", "name": "Accel Entertainment Inc", "score": 17, "confidence": 74}, {"symbol": "DKNG", "name": "DraftKings Inc", "score": 18, "confidence": 90}, {"symbol": "RSI", "name": "Rush Street Interactive Inc", "score": 31, "confidence": 91}], "active": [{"symbol": "DKNG", "name": "DraftKings Inc", "score": 18, "confidence": 90}, {"symbol": "RSI", "name": "Rush Street Interactive Inc", "score": 31, "confidence": 91}, {"symbol": "ACEL", "name": "Accel Entertainment Inc", "score": 17, "confidence": 74}, {"symbol": "INSE", "name": "Inspired Entertainment Inc", "score": 50, "confidence": 14}, {"symbol": "CHDN", "name": "Churchill Downs Incorporated", "score": 50, "confidence": 10}]}, "method": "Group reads measure breadth and conviction across controlled company-level insider evidence; they are classifications, not forecasts."}