Post #10931 by Cyberschreiber on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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Down 11% today. The UK Gambling Commission has launched a review of Evolution’s operating licence in the UK, as the regulator has found its games are being provided to unlicensed operators in the country.

The UK counts for roughly 3% of Evolution’s reported revenue.

I have owned this stock for years (and still do), I do like the financials. But I have to say that regulatory risk is very hard to take into account. The stock is overreacting today, IMHO.

https://igamingbusiness.com/offshore-gaming/evolut...

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