View from the City: how the online winning streak ended with news of a vaccine

Richard Stuber, director of travel and leisure research at Numis, suggests positive signs remain despite a share price downturn

Online gambling stocks have been the clear winners this year, with UK-listed operators up 40% versus the FTSE All-Share down 15%. Like all winning streaks, this reversed in November as positive news on a Covid vaccine sought investors to switch to the relative vaccine winners, including offline operators such as Rank. Despite the relative share…

Finance | Numis | Regulation | Responsible gambling | Richard Stuber | UK | US