It
Yes Aus and the guardian have an agenda for someone, possibly linked to Aus and newspapers. The UK market is valuing Entain at 700p, draftkings valued Entain at 2500p. The UK has obviously spoken I do not like what they have said at 700p, I like what the US have said at 2500p, nobody can support staying in the UK, unless they are short or working for some company that is going to benefit big time. I want an EGM to be called now to ask if they are happy to help ensure Entain stays at 700p for some company to acquire for buttons or are they going to support the shareholders and list in the US? Simple question and a quick answer is needed. List in the US and get the share price to 2500p equivalent or stay in the corrupt UK at700p.dyor |
Two major movers of Entain recently.Aussie fine and enhanced performance of Betmgm..
Aussie fine potential 2026/7
500m US one off..
Betmgm potential 26/7
Ebitda 500m US recurring
Entains future will be settled in US not Australia |
Yes draftkings value 20bn dollars, we betmgn are better valued a little less puts our stake at 8-10bn dollars, our entain making £1bn op profits and we are valued at £4bn, I say it and continue to say it corruption on the highest level by those that will benefit from the eventual purchaser, then just see which UK investment houses benefit. Wrong. We should be around 2500p, for goodness sake draftlings offered more than that years ago. DYOR |
A shining light out there is the icasino figures for Q4 in MichiganQ4 2023 saw monthly numbers of 41m,41m,42m which have been pretty much flat for years. The Q4 2024 figures of 51,54,59m, Dec the highest in history, are huge monthly numbers and show an important increase and uplift after strategy changes and will gain a lot of attention on both sides of the group. FD also has good numbers whereas DraftKings are being left behind |
Rk, no mistake from me I bought a lot of my holding below 100p.dyor |
 Berenberg: Entain on path to rerating
Gambling giant Entain (ENT) is ‘turning the corner’, according to Berenberg, which predicts a rerating this year.
Analyst Jack Cummings retained his ‘buy’ recommendation and target price of £10.10 on the Citywire Elite Companies + rated owner of Ladbrokes and Coral. The gambling stock trades at 680p and was up 0.53% on Tuesday. Its share price is down 29% over the past year.
Cummings acknowledged the first half of 2024 was ‘tough’, given the ongoing earnings downgrades. However, the second half brought better growth prospects, an upgrade to consensus estimates and improving confidence thanks to the appointment of a new chief executive.
While investigations in Australia and the prospects of penalties have weighed on the share price, Cummings feels optimistic about 2025.
‘Online has inflected and is back in growth, particularly in the important UK region,’ he said.
‘We think US performance is encouraging and we remain of the view that if Entain sustains this performance, there is scope to rerate from its current levels.’ |
I have been following this thread more for education on different views than anything (I don’t own Entain stock). Whilst I have read some interesting opinions, the recent focus on continually referring to the market as “corrupt”; comes across very poorly. I am far from the perfect investor (very far) but I do try to keep my emotions in check and not blame others for my own mistakes. Just my opinion and I wish everyone on here very well with their investments. |
I will answer my own question because we are being held and destroyed by corrupt London for someone they will be financially rewarded by. Scum UK.dyor |
HTTPS://igamingbusiness.com/gaming/betmgm-ip-rights-iconic-tv-shows/ |
List in the USA. Look at flutter.
Come on management, wake up. |
When we announced super figures this time last year we had the world releasing anti Entain data. We need to out move them and get US exposure so we have someone on our side THE USA and NOW dyor |
Tick tock 4th Feb |
Looks like I owe an apology to the regultors!
Suet |
Well the detail of this investigation is rather vague, but this announcement on the FRC website suggests that Entain themselves are not being investigated.
"The investigation does not relate to any persons or entities other than the relevant Statutory Auditor(s) and/or Statutory Audit Firm(s) and it would not be fair to treat any part of this announcement as constituting or evidencing an investigation into any other persons or entities." |
They should simply delist here-wtf does the FCA hope to achieve except damage the London new listings prospects even further. |
Lots of negative news following this company |
The information wasn't issued via a RNS though (yet) so the information should not be considered price sensitive by the market. |
yep very frustrating that the FRC can issue this sort of statement which will always negatively impact the share price If they are investigating kpmg are they investigating ent as well? imo they could have been much more precise on the facts of the case.
But what can we expect from regulators......
Suet |
Trouble is : is that good news or bad news for Entain? |
hxxps://www.marketscreener.com/news/latest/UK-watchdog-to-investigate-KPMG-audit-of-Entain-s-financials-48809723/ |
BetMGM Secures Exclusive Online Casino Content Rights To "Family Feud" and "The Price is Right" With Fremantle Partnership |
d
The company is growing strongly, just a shame about the value.
dyor |
Massive wins for the USA bookies with the lions getting beat earlier. |
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