This is just the first step. You can partner with multiple licensees or seek your own license as BBT have done in Virgina. I suspect we may get multiple signings in just these 5 states alone. Only 21 states have legalised betting in the US. Another 29 states to go. Market size is huge.
Cathie woods from ARK expects the US betting market to explode to $35 Billion in the next 3-4 years .
" ARK remains bullish on the online betting market and estimates that the U.S. market will grow from $9.5 billion to $37 billion by 2025. The fund has a position in DraftKings Inc , which is up 7.2% for the year to date. "
https://au.sports.yahoo.com/1-ark-invests-cathie-wood-190452774.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAHge1Kego_HHfBif3jEKhrvp7q7fDL-0MtUvySf0pU_IJz42Gn2nDucRuH2l_1DQsh1J149atCyMUmarAK0-AuiLH-5JeIrTU3qiPUWEgKDi4l8E4RS4dJTOw0gSIhUzJuChvf1EZeboKb7nKbMmNko8z1cRfyY1dkI2OhRevrQq
Ann: BlueBet takes first steps into USA sports betting market, page-7
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Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $60.24M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 23.5¢ | $4.816K | 20.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 102478 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 30408 | 1 |
View Market Depth
| Last trade - 13.47pm 16/05/2024 (20 minute delay) ? |
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Last
23.5¢ |
Change
-0.005 ( 2.08 %) |
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| Open | High | Low | Volume | ||
| 24.0¢ | 24.0¢ | 23.0¢ | 50662 | ||
| Last updated 15.25pm 16/05/2024 ? | |||||
| BBT (ASX) Chart |