GMVHF News and Press, Gvc Holdings Plc From 03/05/22

There could be a new heavy hitter in the sports betting sector if Apollo Global Management (NYSE:APO) finds a partner for Yahoo Sports. The private equity giant is said to have had preliminary discussions with several sports betting companies, including Australia-based PointsBet Holdings (OTC...

The Super Bowl on Sunday is forecast to see a record 31.4M Americans betting a combined total of $7.6B, according to an estimate from the American Gaming Association. The betting handle is 78% higher than last year's tally with sports betting up and running this year in Arizona, Connecticut, ...

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 y...

New York set a sports betting market record by bringing in $1.6B in action from January 8 to January 30 to break the previous single-month record set in New Jersey with $1.3B last October. The leaders in the state so far are Flutter Entertainment's FanDuel (OTCPK:PDYPY), Caesars Sportsbook (N...

There is a stunning forecast in from PlayUSA on the volume of sports betting that could be seen with this year's Super Bowl game. The firm forecasted that the Super Bowl sports betting handle could top one billion in wagers to roughly double last year's tally. Betting on the game between the ...

Benchmark starts off coverage on Sports Entertainment Acquisition Corp. (NYSE:SEAH) with a Buy rating ahead of the company's SPAC deal with Super Group. Analyst Mike Hickey writes that he believes the global online gaming market should continue to experience growth and thinks Super Group's hi...

In 2018 PASPA was declared unconstitutional and this opened the door for legalizing sports betting. The iGaming industry is expected to grow at a CAGR of 17.3% up until 2026. In my opinion MGM and 888Holdings offer the best price/quality ratio for operators. Aspire Global is m...

The fund is a long-only investment manager. We do not use leverage and we do not short. Since we only invest when we have high conviction, we manage a concentrated portfolio. The Fund portfolio returned 12.1% for the September quarter. Over the past year, the portfolio has returned 78...

The Fund seeks to generate equity-like returns over the long term, take less risk than the market and avoid permanent impairment of capital. We invest across capital structure, geographies, sectors. The FPA Crescent Fund – Institutional Class declined -0.25% in 2021’s th...

Earnings news remained a key mover in Tuesday's midday action. Hasbro (NASDAQ:HAS) rallied on its quarterly results. Meanwhile, disappointing financial figures inspired declines in Polaris (NYSE:PII) and Commvault Systems (NASDAQ:CVLT). In other news, DraftKings (NASDAQ:DKNG) got a boost afte...