Goodbye GVC, hello Entain!
You know I have been a fan of GVC (GVC) for a while, observing a couple of weeks ago here that 'the market knows that the online betting genie has left the bottle years ago and the events of lockdown #1 just accelerated the transition...all another lockdown does is accelerate the already ongoing radical estate pruning'. Yesterday's update from the company under their newish CEO Shay Segev titled 'The Way Forward' reiterated those structural positives.
- By Chris Bailey of Financial Orbit
- 2020-11-13 09:45:32