Stars Group just acquired the 20% they didn't already own in BetEasy for $250m (included performance awards to local management). BetEasy and PointsBet at different stages of their life cycles but interesting to compare the perceived value of 20% stake in a online bookmaker in a mature market versus what paying for PointsBet which has a lot of upside in US *if* they can capture market share. Big question is if and what it costs to do so!
BetEasy comparison
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 (20min delay)
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Last
97.5¢ |
Change
-0.035(3.47%) |
Mkt cap ! $323.0M | |||
| Open | High | Low | Value | Volume |
| $1.00 | $1.00 | 95.5¢ | $227.6K | 234.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2747 | 96.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.0¢ | 3456 | 1 |
View Market Depth
| Last trade - 16.10pm 13/01/2025 (20 minute delay) ? |
| PBH (ASX) Chart |
