The information that circulates in a betting market is information about the expectations and intentions of other operators.
We see at work a network of observers continually observing one another.
Leicester Monday 14:55. House Deposit What happens when a well planned gamble gets leaked ....
UK Next General Election - Overall Majority Betting Market
There is growing optimism that BORIS has moved away from a No Deal scenario and is working on a compromise solution - THERESA MAY II. The problem with this scenario being that it is not going to get him a majority.
|No Overall Majority||57%|
Listed UK Gambling Companies
UK LISTED GAMBLING SHARES have had a great run of late in line with the market. They remain, however, still significantly below their 2018 highs and whilst they are by no means immune to any signifcant market correction, it remains plausible given the potential upside from their ventures in to the US betting market space that they will be able to generate idiosyncratic growth in excess of the broader global economy. William Hill and GVC as members of the FTSE 250 should also benefit from any rally in sterling.
|Companies||Year Low||Current Price||Change (%)|
It is important to remember that these stocks have represented something of a car crash for long term investors and that they remain significantly below
their 2018 all-time US BETTING MARKET MANIA highs. So, for example, whilst hares in GVC Holdings are up 28% YTD - they are still down 40% YOY.
Current Price V. 2018 High
|Companies||2018 High||Current Price||Change (%)|
Our content is intended to be used and must be used for informational purposes only.
Source: N=All 16/07/2019. * = Stamina Dam Side