BET Discussion 2022

[Lattelarry]

Any idea when the app for FO will be launching with the 5 partners?

 

[Lattelarry]

I think the monmouthbets.com will be the next thing to launch………I think this will coincide with the 15+ other racetracks offering their product into the NJ FO market so that the app has substance and this should also be the catalyst for the start of the sportbooks/Casinos signing up as well………..all this will definitely be well before for the Haskell.

Thanks.

Sounds like we just have to be patient for the next couple of months and we should get this news and BetR news hopefully not long after.

 

[Lattelarry]

Put my $2k swopstakes win on the .395 yard line and it got a hit!

I thought that didn't get hit until the cleanup at the end of the day

 

[Lattelarry]

Balance still waiting in line.

View attachment 8874

Did you get it filled?

Futures contracts roll over Thursday so could be quite volatile until then.

 

[ScottBET]

A few people need to read this.

Investors might be losing patience for Betmakers Technology Group's (ASX:BET) increasing losses, as stock sheds 13% over the past week

Some Betmakers Technology Group Ltd ( ASX:BET ) shareholders are probably rather concerned to see the share price fall...

simplywall.st

 

[Lattelarry]

A few people need to read this.

Investors might be losing patience for Betmakers Technology Group's (ASX:BET) increasing losses, as stock sheds 13% over the past week

Some Betmakers Technology Group Ltd ( ASX:BET ) shareholders are probably rather concerned to see the share price fall...

simplywall.st

It didn't mention anything about the business and future catalysts though.

 

[ScottBET]

It didn't mention anything about the business and future catalysts though.

Thats right- everything else is pointing to better days ahead- a lot of the risks of 12 months ago are non-existent now- and we should start turning a profit over the next couple of qtrs and we won’t look back.

 

[Lattelarry]

Thats right- everything else is pointing to better days ahead- a lot of the risks of 12 months ago are non-existent now- and we should start turning a profit over the next couple of qtrs and we won’t look back.

Fingers crossed!

Also hopefully most of the big expenses are behind us like installing the machines at Monmouth and paying out TW.
Although there are still some Tripp related ones.

And if they do deals like BetR where a big upfront payment is required to cover initial costs then we don't have much to worry about either.

 

[Lattelarry]

How much lower can the share price go????

I feel we must be right at the bottom now….any thoughts?

I keep getting that wrong but I hope you've picked it.

The global crash isn't helping.

 

[ScottBET]

How much lower can the share price go????

I feel we must be right at the bottom now….any thoughts?

I would think we are at the bottom (but thought that at 60c!). With a MC of 350m and 100m in the bank and $90m ARR (soon to be $100m+) and soon to be turning a profit in the next 6 mths. I’m not sure we can go much lower as it just doesn’t add up.

 

[ScottBET]

just saw this comment from ’Pockets’ on Hotcrapper “Sportstech seem not to live up to expectations on return”……..this would have to be ‘THE DUMBEST’ comment I have ever seen!!!!

He is still there- the most negative poster around- does not understand the business and blames management blah blah…. He should sell and move on to a company he believes in.

 

[Lattelarry]

World Gaming Executive Summit coming up in Barcelona. The W hotel there is very nice too!

Content not found

Terrapinn is a global events company. Our events promote innovation and technology that changes people's lives. We partner with the world's leading companies and innovators to make a difference.

www.terrapinn.com

A few familiar faces here.

Content not found

Terrapinn is a global events company. Our events promote innovation and technology that changes people's lives. We partner with the world's leading companies and innovators to make a difference.

www.terrapinn.com

 

[Lattelarry]

Alright who was this?

 

[Ibetfixed]

Call me crazy .. but just bought another 500,000 shares today at 32c … they could go lower .. but I was going to buy at 40c … and it is the same company … so was happy to top up at 32c

 

[TeddyFiles]

Call me crazy .. but just bought another 500,000 shares today at 32c … they could go lower .. but I was going to buy at 40c … and it is the same company … so was happy to top up at 32c

I so want to follow you in. I’m just to scared of my wife

 

[Lattelarry]

Call me crazy .. but just bought another 500,000 shares today at 32c … they could go lower .. but I was going to buy at 40c … and it is the same company … so was happy to top up at 32c

I'm tempted to but so overweight already.
It's crazy we are down over 50% in a couple of months on the back of lots of good news.
Seems we have been dumped in with the BNPL sector which is down a similar amount. But it's a basket case and we're just lifting off.

 

[Masteri]

You’re not crazy…….be greedy when others are fearfu.

Don’t be scared. I also purchased. Go back and review what this company has achieved over last 12 months. Market has got this wrong. I’ll keep holding thanks

 

[Masteri]

Actually I’ll comment further. The only worry I have is at this market cap we are going to be a takeover target.
100 m in back and similar in revenue.
Must be getting attractive to some

 

[Lattelarry]

I don’t think the Top 25 holders would allow that……..I am expecting to see a few increases in substantial holder notices from them and maybe some management buying as well.

This is what we really need.
PNV one of the very few green today which I guess can only be because of chairman DW dropping around $7M on market purchases over the last 6 weeks.
Insider buying has a massive impact.

 

[Ibetfixed]

I know that feeling……I’m thinking of getting a new wife …….don’t tell her I said that!!

I am on wife no 2 … and haven’t told her about todays purchase … if I did … I would be looking for wife no 3