View from the City: Dramatic falls in US-exposed stocks while M&A still rife

Richard Stuber, director, travel and leisure research for Numis, analyses turbulent US stocks and continuing M&A activity

Have investors fallen out of love with the US? Since the repeal of PASPA, the US has been seen as the nirvana for gambling companies; a deep, fast-growing regulating market with a passion for gambling. Losses had been largely inconsequential; indeed it could be argued that in recent years the greater the losses, the higher…

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