Transcript from the update call today. Some interesting take...

Transcript from the update call today. Some interesting take aways:

https://seekingalpha.com/article/4462724-pointsbet-holdings-limited-pbthf-ceo-sam-swanell-on-q1-2022-results-earnings-call-transcript

1. They are marketing in states they aren't operating in yet, to prime the market for launch. This is increasing marketing spend but they see it as an efficient use of capital for launch.
2. They see themselves getting the Arizona license as a formality
3. Ontario will be Jan
4. They expect win margins to persist at these levels (which is great from a revenue perspective)
5. As more sports betting companies spend on marketing the sector is getting more an more exposure, which opens up more customers to PBH organically. In the long run they believe this will mean the best platform will win (PBH have the highest rater platform).
6. NBC are generating an increasing number of leads, this is growing higher than anticipated, however this is across states they are not operating in. As those states open to PBH expect to see explosives growth over those areas.

Transcript was very instructive. Feel pretty comfortable with my additional investment today.