{"id":90913,"date":"2025-10-22T01:07:46","date_gmt":"2025-10-22T05:07:46","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=90913"},"modified":"2025-10-22T01:07:46","modified_gmt":"2025-10-22T05:07:46","slug":"activist-fund-sees-potential-double-for-entain-via-betmgm-partnership","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2025\/activist-fund-sees-potential-double-for-entain-via-betmgm-partnership.html","title":{"rendered":"Activist Fund Sees Potential Double for Entain via BetMGM Partnership"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/cloudfront-us-east-2.images.arcpublishing.com\/reuters\/6CEUZVF2DNPJDAQJIOEOXKDDI4.jpg\" alt=\"https:\/\/cloudfront-us-east-2.images.arcpublishing.com\/reuters\/6CEUZVF2DNPJDAQJIOEOXKDDI4.jpg\"\/><\/figure>\n\n\n\n<p>(HedgeCo.Net) The activist hedge fund Sachem Head Capital Management is making a bold claim: shares of U.K.-based sports betting group Entain?PLC could double over the next few years, thanks largely to its joint venture with MGM?Resorts?International that operates under the brand BetMGM.\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.reuters.com\/sustainability\/sustainable-finance-reporting\/sachem-head-says-entains-stock-could-double-few-years-2025-10-21\/?utm_source=chatgpt.com\" target=\"_blank\">Reuters<\/a><\/p>\n\n\n\n<p>Speaking at a New York conference, founder Scott?Ferguson stated: \u201cTime is on your side \u2026 you are getting paid to wait for BetMGM to inflect.\u201d&nbsp;<a href=\"https:\/\/www.reuters.com\/sustainability\/sustainable-finance-reporting\/sachem-head-says-entains-stock-could-double-few-years-2025-10-21\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters<\/a>&nbsp;He noted that Entain is one of four activist-driven investors involved (including others like Corvex?Management and Eminence?Capital) that may push for strategic moves such as Entain buying out BetMGM, merging with MGM, or MGM acquiring the JV outright.&nbsp;<a href=\"https:\/\/www.reuters.com\/sustainability\/sustainable-finance-reporting\/sachem-head-says-entains-stock-could-double-few-years-2025-10-21\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters<\/a><\/p>\n\n\n\n<p>Entain\u2019s shares closed at around \u00a310.88 (?$14 at current rates) and Ferguson sees upside to around \u00a327 by 2028 \u2014 a potential 2\u00d7 gain.&nbsp;<a href=\"https:\/\/www.reuters.com\/sustainability\/sustainable-finance-reporting\/sachem-head-says-entains-stock-could-double-few-years-2025-10-21\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters<\/a>&nbsp;He points to multiple tailwinds: expanding legalization of sports betting in the U.S., improved marketing discipline from BetMGM (less extravagant Super Bowl ads, more ROI-focused spending), and the latent value of the JV being under-priced.<\/p>\n\n\n\n<p>For hedge-fund watchers, this case ticks many boxes: a value-oriented activist entry, a high-growth regulated theme (sports betting), and potential strategic leverage (corporate restructuring). The risk, however: regulatory changes (e.g., taxation or gambling laws), slower legalization roll-out in U.S. states, or operational mis-execution by BetMGM.<\/p>\n\n\n\n<p>From a broader market perspective, the story also highlights the growing role of activist hedge funds in non-traditional sectors (gambling &amp; entertainment) and the rising appetite for regulated \u201cgrowth\u201d businesses in alternative strategies.<\/p>\n\n\n\n<p><strong>What to watch:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The next regulatory approval in a major U.S. state for BetMGM operations.<\/li><li>Any public signal from Entain or MGM that they are exploring one of the strategic options (buy-out, merger).<\/li><li>Betting revenue growth and user-acquisition metrics from BetMGM.<\/li><li>Performance of other activist stakes in regulated entertainment\/sports sectors.<\/li><\/ul>\n\n\n\n<p>In summary, for investors and market watchers, the saga of Entain and BetMGM presents a concrete activist hedge-fund play with defined upside and identifiable catalysts. While not without risk, the doubling thesis is clearly laid-out by the activist camp.<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n","protected":false},"excerpt":{"rendered":"<p>(HedgeCo.Net) The activist hedge fund Sachem Head Capital Management is making a bold claim: shares of U.K.-based sports betting group Entain?PLC could double over the next few years, thanks largely to its joint venture with MGM?Resorts?International that operates under the [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,16042,16044,16,3],"tags":[16294],"class_list":["post-90913","post","type-post","status-publish","format-standard","hentry","category-activist-funds","category-hedge-fund-performance-2","category-hedge-fund-strategies-2","category-hedgeco-networks-press-releases","category-hedgeco-news","tag-hedge-fund-activist"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=90913"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90913\/revisions"}],"predecessor-version":[{"id":90914,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90913\/revisions\/90914"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=90913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=90913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=90913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}