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The group’s so far managed to grow its subscriber base even as lockdown restrictions faded thanks to expansion in the Asia Pacific region.
At last check ABF was emerging from its pandemic-related woes relatively unscathed.
These conditions have probably worsened, so we’ll be keen to hear whether price hikes will be enough to offset them.
Primark could also struggle against similar issues, and the group’s price-sensitive customers may start to pare back spending if inflation continues to rise.
With the DraftKings offer now firmly off the table, eyes turn back to Entain’s core business proposition ahead of next week’s trading update.
With recent launches in 3 new states, we’ll be hoping to see that number push higher.
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