You are possibly right that the turnover fee is only based on...

You are possibly right that the turnover fee is only based on the distributed bookmakers turnover.

$60m turnover on 5000 races is not much to crow about from this one track. It averages at $12k a race.
What I like about the “clip the ticket” model of TBH is that there is upside to our revenue for each individual deal and combined, massive room to upscale across the whole industry.

American wagering is in an exciting period of change and who knows how many similar horse/harness/dog tracks could be scooped up in coming months and years?

Chuck in an approval from NT gaming commission and we’re off to the races baby!