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GMVHY - Why Invest In DraftKings When You've Got Entain
GVC Holdings Plc - ADR
Entain's UK exposures are top of the line, and it's become a tougher market to compete in allowing for consolidation in competitive position.
The MGM partnership is major for its US expansion plans.
Cheap on a profitability and growth basis, and a much safer bet than DKNG, where you might overpay for growth.
While Entain looks attractive, we think catalysts could deliver stronger performance for Betsson, with Entain serving as an ideal company in the iGaming space.