Added to YB: 2026-04-22
Pitch date: 2026-04-17
BETCO.ST [neutral]
Better Collective A/S
+0.71%
current return
Author Info
Lind Research provides institutional grade investment research in the Nordics. Sign up for the newsletter.
Company Info
Better Collective A/S, together with its subsidiaries, operates as a digital sports media company in Europe, North America, and internationally.
Market Cap
SEK 760.4M
Pitch Price
SEK 141.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.45
P/E
34.66
EV/Sales
3.17
Sector
Hotels, Restaurants and Leisure
Category
turnaround
BetMGM Cuts Guidance on Prediction Market Pressure; Why It Matters for Better Collective
BETCO.ST (update): BetMGM cuts FY26 rev guide to $2.9-3.1B (from $3.1-3.2B) citing prediction market pressure - first operator quantifying structural threat. Kalshi hit $3.54B weekly volume; sportsbook peers down 53% YTD. BETCO trades 13.8x NTM EV/EBIT vs peers at 5.7-8.0x despite SEO traffic -14% YoY, AI Overview now in 58% queries (83% zero-click). Q1 traffic -4% vs Q4. €40M buyback (€10.9M insider sales) props price; FIFA World Cup only near-term positive.
Read full article (7 min)