Better Collective: Betting and Regulatory Tailwind
Research Note
2021-01-18
15:55
Redeye raises Better Collective´s fair value on the back of strong sports betting performance and regulatory tailwind. Several sports betting focused companies have reported impressive trading updates with strong sports betting margins and high player activity. We expect that this will also have a positive impact on Better Collective. Furthermore, the sports betting market is booming in the US, and more states are legalizing online betting.
JA
TO
Jonas Amnesten
Tomas Otterbeck
Disclosures and disclaimers