Investment Research report

The Intertain Group Ltd.

TSE:
IT
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Research Overview

INDEX:
S&P 500
Sector:
Consumer Discretionary
Position:
Short
Date:
Dec 17, 2015

After conducting a forensic financial and accounting review, Spruce Point believes The Intertain Group Ltd. (TSE: IT), a betting company, has a problematic “growth-at-any-cost” mentality that will significantly hurt the Company’s revenue. Based on our investigation, we estimate 45% to 70% downside risk. 

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Oct 18, 2015

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