The November 2020 newsletter for the Ellerston Micro cap fund dedicate a decent part of the newsletter to Betmakers, and give interesting insights into how they think the opportunity might play out for Betmakers. They give a big tick to the recent acquisition, and reckon the cross selling opportunity is enormous.
It also mentions that if the bill for fixed odds is past into law it is likely to create an urgency for racetracks and bookmakers to align themselves with Betmakers.
Make of it what you will, but it looks like the potential opportunity for Betmakers could be colossal.
The newsletter is open to anyone to view on their website. https://ellerstoncapital.com/our-funds/ellerston-australian-microcap-fund/
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