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Entain’s share price tumble follows a broader trend for gaming stocks in recent years. Added to that is a declining interest in the LSEG, as listed companies continue to exit at pace, including Flutter, which removed its secondary listing from LSEG in August.
The gaming giant left for greener pastures in the US, expecting to benefit from higher valuations in the most liquid equity market. But analysts have noted a similar downward trend in Flutter’s share price over time.
Down around 60% in a year, the risk is it becomes just another mid-tier consumer stock on a bigger exchange. “Deeper water doesn’t help if the current is moving somewhere else,” Corfai’s Ben Robinson recently said of Flutter’s stock price.
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Tonight (Sept. 18), the Mega Millions jackpot is $244 million, with the cash at $103.5 million.
The odds of winning Powerball are 1 in 292.2 million. The Mega Millions jackpot odds are 1 in 290.4 million.
The post $1 Billion Powerball Winner Claims Jackpot One Month After Drawing appeared first on Casino.org.
What is Magic Stars 3?
This could precipitate as many as 1,470 shop closures and the loss of up to 15,900 jobs, according to figures commissioned via the Betting and Gaming Council and consultancy firm EY.
David further emphasised the impact such a tax rise would have on high street workers and communities.
“They are people losing their jobs and communities losing long-established high-street businesses,” David wrote.