but if bluebet are on a % of turnover arrangement with betmarkets this would be good for betmakers but a cost for bluebet. so not a reason to acquire bluebet in IPO?
it would be more attractive for bluebet if they were only paying betmarkets a small (when compared to their revenue) fixed fee. which i think is the case.
agree, will be interesting to read prospectus none the less. says in I think AFR that their revenue is impressive. i reckon its taken a big boost during COVID and so they are floating while the numbers look phenomenal but no guarantee it will stay at those levels.
