Super Group: A Bet On The Sports Betting And Casino Gaming Industry

Jay Capital
1.32K Followers

Summary

  • The global betting and casino gaming markets are huge and growing.
  • Betway single brand strategy offers economies of scale.
  • Spin’s multi-brand strategy targets multiple markets.
  • SGHC data strategy is key to continuous customer satisfaction.

Close-up on a man betting online on a sports app in his cell phone

andresr/E+ via Getty Images

Overview

In my opinion, there is an undervaluation of Super Group (NYSE:SGHC). The vast and growing betting and online casino gaming markets across Europe, Africa, and America, the significant marketing economies of scale of Betway, and the multi-brand

This article was written by

1.32K Followers
I take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to companies with steady long-term growth, no cyclicality, and a robust balance sheet.Nevertheless, investing in successful company is risky because one may end up paying too much (this is where valuation matters). I firmly believe this, yet there are situations where the development runway is so vast that price matters much less in the immediate future.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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