Shares in online gambling firms tumble on news of vaccine breakthrough

Hundreds of millions of pounds wiped from value of leading online operators as land-based gaming stocks surge

Online gambling operators saw share prices tailspin yesterday after drug manufacturer Pfizer announced trials of its Covid-19 vaccine would offer 90% protection against the virus. London-listed Gamesys Group, which closed at £12 on Friday, shed almost 10% of its value on Monday and is down another 3% this morning to £10.54 a share. Other casualties…

888 Holdings | Betsson Group | Caesars | Covid-19 | Flutter Entertainment | Gamesys | GVC | MGM Resorts | Shares