Redeye raises the fair value of Enlabs on the back of a strong comeback in Latvia, tailwind for online gambling, and a strategic acquisition. The second quarter was a real challenge for Enlabs as all gambling licenses were suspended in Latvia for 2/3 of the quarter. Meanwhile, we are seeing a changed player behavior that benefits online-focused companies, and Enlabs is also taking part in the consolidation of the gambling industry.

Read more and download the Research Update

Follow companies at Redeye to receive the latest equity research within Life Science and Technology.

This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

© Modular Finance, source Nordic Press Releases