Stanley Leisure tipped as good long-term buy

Merrill Lynch is tipping Stanley Leisure as a good long-term buy

Merrill Lynch is tipping Stanley Leisure as a good long-term buy. The betting-shops-to-casino group reported good half-year figures in the current financial year and is expected to show strong growth over the full 12-month period. Stanley, which operates betting shops in Ireland, is Britain's fourth largest operator and is well positioned to make selective small acquisitions in the future, the brokers believe a factor which would boost earnings.