BET Discussion 2022

[Upthedons]

View attachment 18494

What does that mean for us Reg? Will BET effectively run all WA tote on BETRs behalf?

 

[MICHAEL]

Thanks Reg.
With WA TAB win, does it make it easier for BETr to acquire TAH, perhaps less interest from other parties?

 

[Lattelarry]

I'm getting ads popping up

 

[MICHAEL]

Thanks Reg.
My thoughts were based on the understanding that the maturing dates for the wagering licences in all states except VIC are many decades away. Interested in your understanding of the timeframe?

 

[MICHAEL]

Thanks Reg, appreciate your detailed knowledge in this field.

 

[Lattelarry]

News Corp-backed Betr closes in on key WA licence as private equity firms circle

Wagering sources said Apollo Global Management, Blackstone and Washington H. Soul Pattinson had all offered to finance the bid.

www.smh.com.au

Think this part is wrong
The new entity is ... owned by News Corp, Las Vegas-based Tekkorp Capital and ASX-listed BetMakers Technology Group.

 

[Lattelarry]

Just looked at HC for the first time in ages. Biloselhi might be a holder now but he's still as clueless as ever. Really doesn't seem to understand at all what BET does.

 

[Lattelarry]

Maybe BET does have some ownership……..thats why our Annual Fee is based on 25% net gaming revenue and capped on a sliding scale to correspond with growth……..maybe our normal fees for the Managed Trading Services would have been higher over the 10 year agreement.…….I feel we are more than just a service provider.

Would be great if that's true

 

[Lattelarry]

What happened to the launch?

 

[TeddyFiles]

What happened to the launch?

Still waiting. Was told 1pm Sydney time.

 

[Ibetfixed]

What happened to the launch?

I said … don’t hold me to it

 

[Ibetfixed]

Apparently an IT glitch … trippy might be getting grumpy with BET already .. lucky he is a major BET shareholder

 

[Lattelarry]

Apparently an IT glitch … trippy might be getting grumpy with BET already .. lucky he is a major BET shareholder

Yeah I can BET they aren't happy since it was a highly publicised launch.

 

[Lattelarry]

Yeah I can BET they aren't happy since it was a highly publicised launch.

Looks like its up now!

 

[Lattelarry]

@RegBet Do you think now Betr has launched we might see some movement on the monmouthbets app? It seemed they might have had to divert their dev time to Betr.

Also did they ever get back to you about if consent was given for FO out of state?

 

[Ibetfixed]

I think Apollo Global Management might be the partner of choice to finance to WA Tab bid for BETR…..only because I noticed Matt Davey commenting on a Linkedin post

I don’t think that BET would have any ownership in BetR … both from a compliance point of view and that if they owned 25% then they would be up for $250mill for the WA Tab deal .. and I can’t see that happening

 

[Lattelarry]

I don’t think that BET would have any ownership in BetR … both from a compliance point of view and that if they owned 25% then they would be up for $250mill for the WA Tab deal .. and I can’t see that happening

I don't think it's ever been mentioned and surely it would have been disclosed.

 

[Lattelarry]

Men With Higher IQ More Likely to Bet on Horse Racing - Neuroscience News

The higher a man's IQ, the more likely he is to partake in betting on horse races, a new study concludes.

neurosciencenews.com

 

[Ibetfixed]

Men With Higher IQ More Likely to Bet on Horse Racing - Neuroscience News

The higher a man's IQ, the more likely he is to partake in betting on horse races, a new study concludes.

neurosciencenews.com

That’s great news … on that basis I must be a genius

 

[Lattelarry]

That’s great news … on that basis I must be a genius

It's just science really