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World Cup is a score for betting stock Entain, Barron’s says
The Fly

World Cup is a score for betting stock Entain, Barron’s says

The twists and turns of the FIFA World Cup, including the U.S. team’s nail-biting win against Iran and Saudi Arabia’s stunning victory over Argentina, is good news for sports betting giants. British sports betting and gaming group Entain (GMVHF) is one of those set to benefit from the most-watched global sporting event, Callum Keown writes in this week’s edition of Barron’s. It owns a number of brands, including Ladbrokes, Coral and PartyCasino, and has a joint venture – BetMGM – with MGM Resorts International (MGM). And the growth opportunity in the U.S. – one of the host nations of the next World Cup, in 2026 – can keep the momentum going, the author argues. Reference Link

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