DAVY VIEW

Given Entain's detailed post-close trading update (July 8th), there is little surprise in its interim results. The group remains confident in its prospects for the second half of the year and has reiterated previous guidance. Of more interest to the longer-term thesis is this afternoon's capital markets event. Six or so months on from the appointment of Jette Nygaard-Anderson as CEO, Entain will paint a picture of its future growth opportunities across existing and new verticals, as well as providing further insight into its technology and UK online business.