WynnBet was for sale earlier this year due to high player acquisition (marketing) costs. Last I heard they couldn't find a buyer, but stand to be corrected. Maybe their current numbers (as you've highlighted) shows that WynnBet have a good base of sticky players, but if you want to grow (like PBH absolutely needs to) then you've got to ramp up marketing spend.
WynnBet Is For Sale, CEO Cites Unsustainable Sports Betting Market (gamingtoday.com)
$1.50 party, page-63
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Last
88.5¢ |
Change
0.050(5.99%) |
Mkt cap ! $293.2M | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 89.8¢ | 82.5¢ | $1.601M | 1.846M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14669 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 320 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PBH (ASX) Chart |