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Aspire Global: Favourable Online Casino Focus

JA

KL

Jonas Amnesten

Kristoffer Lindström

2020-04-03

06:08

Redeye has, on the back of the Corona crisis, lowered its estimates and valuation in Aspire Global. Nonetheless, we still see a significant upside in the share. We believe the online casino segment is immune, while the Corona crisis has dramatic consequences on land-based gambling as well as sports betting. Aspire Global´s substantial online casino exposure is, in this sense, very favourable, and the company´s strong financial position comes in handy.

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