Aug 7 2026
Gaming and leisure
Recent Research
Hostelworld, Forecast update
Aug 4 2026
Meet your Gaming and leisure Research team
DraftKings
Q2 miss, but focus will likely land on reiteration of guidance
DraftKings reported Q2 results that were a little behind expectations, with the statement noting that performance would have been better than anticipated ex-sports results and higher...
Flutter Entertainment plc
Q2 slightly ahead; guidance reduced; CEO change
Flutter has reported Q2 results a little ahead of our forecasts and also notes that early Q3 trading is ahead of expectations. On guidance, the range for the International business...
Hostelworld
Forecast update
We are updating our Hostelworld forecasts to reflect the recent interim results. The company flagged a c.3% impact to booking volumes as a result of the conflict in the Middle East....
Hostelworld
Interim results and takeaways from the presentation
Hostelworld released its interim results this morning. Most of the key line items had been pre-released, but management reiterated its confidence in delivering low-double-digit revenue...
Entain
BetMGM – guiding to the lower end of ranges
BetMGM has reported Q2 revenue growth of 3%. It has guided to the lower end of its prior guidance range of $2.9-3.1bn (DavyF: $3.0bn) and the lower end of its range of aEBITDA of...
SSP Group plc
Q3 update: unchanged guidance will reassure
SSP Group (SSPG) has issued its Q3 trading update. Overall, trading has been resilient in Q3 with like-for-like (LFL) growth of 4%. Importantly, the company has reiterated its full year...
Hostelworld
H1 update: FY26 guidance reaffirmed
Hostelworld has issued its H1 trading update. H1 revenue was broadly in line with our expectations despite some impact on volumes from the Middle East conflict. The company reaffirmed...
Entain
Reduces its holding in CEE
Entain has confirmed that it will reduce its holding in its CEE joint venture (JV) from 67.5% to 47.5%, netting a cash inflow of £366m. The disposal values the business at 10x EBITDA and...
SSP Group plc
Planes, trains and margin gains: initiating on SSP
SSP is a leading food and beverage concessions business, operating restaurants in airports and other travel locations through a mix of in‑house and franchised brands. It has a...
DraftKings
Good Q1 and guidance reassures
DraftKings reported a relatively good Q1, ahead of our forecasts, driven by Sportsbook. Focus quickly shifts to the guidance where the midpoint of the revenue and EBITDA ranges have...
