International edition
June 21, 2021

3.4% drop shares down

(UK).- Shares in the online casino and bookmaker fell by 3.4 per cent following comments from broker Morgan Stanley that “The company does not have a steady base of high-quality income from any product or region.”


organ Stanley downgraded the gaming company to “underweight” amid suggestions’s poker relaunch had failed. 

“We see a risk that lower marketing spend drives lower active customers, generating less revenue, with fewer funds available to invest in product development and marketing, and that this, in turn, leads to lower customer numbers.”

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