They are a privately held business as well, here is Erskenville, Sydney. EBET could take them out too.
Because of the regulatory hurdles and microscope on this industry, it creates barriers to entry. Once eBet gets CARDIT approved Australia wide, it can become the dominant player. Because of the time it takes to get products approved, it discourages competition in this market.
Big opportunity if eBet can pull this strategy off.
ITQ Price at posting:
$4.13 Sentiment: Hold Disclosure: Held