The CEO of Ceasers said there is definitely a huge demand for the sports betting in the USA but he also said that it will take a year or 2 for the profitability of the punter to become positive as there is a lot of competition seeking to grow their own customers and they are all using large offers to get them on board and keep them. Thus capital raise at some point is a cert. Longer term will come down to who can execute best.
Ann: PB Partners NHL Alumni Association, Update on NY Launch, page-16
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Last
83.5¢ |
Change
-0.010(1.18%) |
Mkt cap ! $276.6M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.0¢ | 82.5¢ | $837.1K | 993.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 96039 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 4700 | 1 |
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| PBH (ASX) Chart |