Enlabs: Back in the Game
Research Note
2020-06-08
07:20
Redeye has increased the valuation in Enlabs on the back of the reopened Latvia market. All Latvian online gambling licenses were suspended for two months due to the Corona Crisis. The suspension had a substantial impact on Enlabs as Latvia is the largest market, and on top of this, all major sports events were canceled. The reopening reduces the uncertainty, and the company can now continue its profitable growth journey.
JA
KL
Jonas Amnesten
Kristoffer Lindström
Disclosures and disclaimers