Tag Archives: Citadel

Short Sellers target UK betting’s regulatory exposure

SBC News Short Sellers target UK betting's regulatory exposure

City news sources report that an £80 million bet has been placed against GVC Holdings, believing that the FTSE250 betting group’s share price will significantly devalue within the coming weeks. The short position against GVC has been taken by Chicago-based hedge fund Citadel, a $32 billion fund led by renowned activist investor Ken Griffin. Citadel analysts have confidence in betting …

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