Entain Share Discussion Threads

[superadams] 16/12/2020 10:45

Says it is cheap by every measure inc. 8% Free Cash Flow yield.

[speedsgh] 16/12/2020 10:43

Can only see this much as do not have a subscription...

Questor: this gaming firm has reinvented itself but investors haven't noticed -

Questor share tip: efforts by Entain, formerly GVC, to tackle problem gambling will make it a leisure stock fund managers are happy to own...

[wilco69] 16/12/2020 09:21

BetDaq is doing a zero commission day on Boxing Day, it would be nice to take a bit of volume from Betfair.

[srpactive] 16/12/2020 09:11

c

I have included imho, is that what you meant?

[coxsmn] 16/12/2020 09:00

Srp,nb that is your speculation

[srpactive] 16/12/2020 08:56

twh

Yes I used to be a avid viewer twenty years ago, he
certainly says it as it is which is a quality I do
like in a person. It does not get you anywhere in
the brown nose world we live ion now, but good to
hear his views.
That is why imho ent will get bought out before the enormous
profits are made in the US.

dyor

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[tobyjo] 15/12/2020 20:32

Entain Plc Citadel Europe LLP 0.56% -0.12% 14 Dec 2020 reducing shorts again yesterday

[coxsmn] 15/12/2020 19:42

Entain (GVC) have always under promised and over delivered. The management has the best understanding of the business, so when they say they expect to double or treble the business over the next 5 years then i listen up.

[coxsmn] 15/12/2020 16:34

In last 30 days, twitter follower numbers,BetMGM Casino up +20.5%BetMGM Sports up +20.9%

[coxsmn] 15/12/2020 15:31

massively overvalued

[srpactive] 15/12/2020 15:18

c

How can they have a high pe if loss making?

You have to have pre tax profits to calculate.

Or do you mean massively overvalued like all US companies,
good old rock bottom valued ent.

[the white house] 15/12/2020 15:01

Tennessee starting up seems to have woken up Georgia to get involved it seems, with 11 Jan the start of the process. This snowball effect seems to be gathering speed and if Georgia go then punters streaming over from Florida might get one of the big 4 to join the FOMO club

[the white house] 15/12/2020 14:56

Indeed, DraftKings customer service reviews are frightening with very regular batches of 1 star comments citing ; poor customer service, banking/withdrawal issues, ID issues, account restrictions, clunky app BetMGM and Flutter superior interface, misleading props...etc etc I see their no 2 position falling behind MGM/Entain and Caesar/Hills at some point.

[coxsmn] 15/12/2020 12:52

No thanks. Draftkings hugely loss making and massively overvalued.

[italianofacile] 15/12/2020 12:20

DraftKings/MGM Merger taking Entain along for the ride would create an interesting combo...SportsBook Casino online and land based...giant...head to head with Flutter...

[wilco69] 15/12/2020 11:25

Agreed Coxsmn, I also saw quotes from the company that due to how competitive NJ is for sports betting the customer acquisition costs are extremely high so the unit economics are the lowest of all states, so states such as Tennessee, Colorado and Indiana are much more profitable.

[coxsmn] 15/12/2020 10:14

NJ is a very competitive market and there is lots of spend and jockeing for position going on at the moment. In the longer term when the big giveaways dry up then customers will use whichever is their favourite sportsbook.

[merism] 15/12/2020 08:59

True, but FanDuel also has iGaming, which is reported under Golden Nugget in NJ. It also has FoxBet and Pokerstars, neither of which are reported under meadowlands.

[srpactive] 15/12/2020 08:48

And that is what counts as they say revenue is vanity,
profit is sanity.

[coxsmn] 15/12/2020 08:46

BetMGM is making more money in NJ with iGaming than Fanduel is with Sport.

[srpactive] 15/12/2020 08:31

c

Thank you.

[coxsmn] 15/12/2020 08:28

Customers often have several gaming apps on their device, if a particular sportsbook is virtually paying for a person to place a bet with them then they will, it doesn't guarantee long term loyalty and these sorts of giveaways won't be sustainable for the long game.

[srpactive] 15/12/2020 08:24

Excellent posts and insight all, w69 a few loss leaders
going on you think then?

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