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Goodbye GVC, hello Entain!

By Chris Bailey of Financial Orbit | Friday 13 November 2020


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


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. 

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