people read racing Vic half yearly results - first time cracked $5B turnover - 90% online. Just wait till the yanks can bet FO on their mobile app across the US and BET is taking a clip of every dollar. at 1% on Vic turnover its $100M a yr - New Jersey similar size to Vic and we have seen the sports betting gold rush in the US is off the charts - New Jersey is the biggest sports betting state taking over from Nevada. Apply this to racing where you dont get taxed on winnings, and you can lock in odds much better than even money you get with sports betting - Opening up FO's on their phones is going to be massive - just need to hold long term and let the product sell itself!!
BET Price at posting:
61.5¢ Sentiment: Buy Disclosure: Held
