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Davy Gaming Insights Betting on America image of American sports

DAVY GAMING INSIGHTS

Betting on America

12 October 2020

 

Expert event reinforces size of US prize 

 

We hosted a Davy Gaming Insights event on October 12th. Our (virtual) fireside chat with Chris Grove, Principal at Eilers & Krejcik Gaming (E&K), presented an extremely positive outlook for the US sports betting and online casino market. While not without risk and challenge, the event suggested that there remains material upside to current market expectations and therefore long-term earnings for the best-positioned operators.

Our favoured play on this opportunity is Flutter Entertainment, the US market leader. In our view, the company’s growth prospects, fuelled by the US as well as other opportunities, should result in further material share price gains.

View our 10 key observations

 

 

 

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