Gaming Innovation Group: The Corona Crisis is an Online Catalyst

Research Note

2020-04-08

11:27

Redeye has, due to the Corona crisis, lowered the estimates and fair value for GiG. 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. GiG´s limited exposure towards sports betting and land-based gambling are, in this sense, very beneficial. Moreover, the crisis is a catalyst for the online shift.

JA

KL

Jonas Amnesten

Kristoffer Lindström

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