Tabcorp’s Demerger Approved Paving the Way to Unlock Value
The demerger was overwhelming approved. Peer derating due to the market sell-off results in a lower SoTP valuation of A$5.62, a 13% upside to the...
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Tabcorp’s Valuation Discovery into the Demerger
The scheme meeting to approve the demerger will be held on 12 May at 10.00 am. Our SoTP valuation is A$6.13 per share, which is a 14% upside to the...
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Online Gambling Boom: With No Scalable Asian Plays, the UK's Flutter Entertainment Provides a Runway
Globally accelerating revenues for online gaming platforms were a feature of pandemic related sharp increases in revenues for companies outside...
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NY State To Legalize Gambling, Double Down on DraftKings?
After New York's Governor signaled he would legalize gambling, we revisit our previous bullish thesis on DraftKings to see if now is the time to re...
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Draftkings: Trading Our Pick for Future Considerations
Our investment philosophy attracts us to investing behind THE major secular trend in the world today…offline to online transition of massive TAMs....
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