RE:TSG will break even in 2022No, you have it wrong. Robin spoke of TSG USA, not all of TSG.
With deals with PENN National and El Dorado (now includes all of Caesars), TSG has the luck of the draw of two of the best casino chains in the USA, plus just added a tribe for the full sweet in New York state. Any business takes time to make money, this is a big business with a hockey stick growth chart as states are added.