Redeye: Better Collective - Betting on 2020 - Adding to our Conviction Buy List
As the world’s No. 1 sports betting affiliate with clear competitive advantages and less regulatory risk than its peers, Better Collective offers investors an attractive, shareholder-friendly exposure to an undervalued industry with a stronger outlook than the challenged casino sector. Furthermore, the 2020 outlook for Better Collective looks very promising with several catalysts, such as the UEFA EURO 2020 and the US operations kicking off. We expect the strong underlying performance to continue, with rapid growth and a scaling business model. We also expect value-adding acquisitions,