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Stockchase Opinions

Jamie Murray Flutter EntertainmentFLTR.LBUY ON WEAKNESSJul 07, 2023

Online gambling business based in Europe.
Largest asset is USA business units DraftKings and Fan Duel.
Very well run company.
Managed excessive tech bubble well - didn't raise too much money.
Good to buy on share price weakness.


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DON'T BUY

International sports betting & gaming business (Poker Stars etc.).
$12 billion in revenues.
Total market for sports betting and gaming is growing.
Market share difficult to gain.
Challenging business model with uncertain regulation.
Consumer protection regulation & money laundering also a concern.
Would not recommend investing.