Matt Tripp Betr, page-10

Not sure where all the talk of BETR failing or going under is coming from?

Have read the article, and it is true that a couple of News Corp Execs are no longer directors of BETR - & it also appears they haven't participated in the latest "cash injection round".

However BETR still have some pretty wealthy people & companies involved (Tripp & Matt Davey - & News Corp who still own 40% +).

And BETR are seemingly trying to spend another $200m + to purchase the Australian arm of Pointsbet.

So whilst this start up is currently losing a heap of money as expected, not sure there is anything to suggest they will fail or go under?

And as other posters such as Tymmsy have pointed out, BETR is only 1 x client of BET, and we haven't really even received much revenue from them yet.

So whilst I personally expect BETR to thrive over time, losing them (if it ever came to this / the worst case scenario) would only affect future revenues for BET.

Hopefully Matt Davey is really focussed on getting Global Tote firing, bringing more US states onboard ASAP for fixed odds, driving up the gross margins, and reducing the BET overheads.

Then the BET share price will really fly

Have a great weekend everyone.