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PDYPF - U.K. Gaming Stocks - Political Risk Rises Over Stake Limits
Paddy Power Plc
Political and regulatory risk
As I've been saying for some time now, the UK economy has suffered in recent times from political risk - the election, Brexit. These are now past, and we can assume a relaxation of such political risk in our investing, right?
Well, yes, to an extent, but not entirely. Think of the deeper levels of government, the regulators. That section of politics is still dominated by the censorious who would insist that people should not just be allowed to get on with things. OK, yes, I'm biased, I've just done a