Do not be surprised if there is no news from NJ with rules and...

Do not be surprised if there is no news from NJ with rules and regs.
- Currently still counting votes for the election for those who are unaware.
Along with the hold ups from covid in the US.

Shorters could be aware of the situation and waiting for lack on investor confidence/patience
They could also be holding out for another official bid from Tripp leading to a share dilution.

Either way, shorters can think and do as they please ST, there will come a time where they get burnt.
Whether shorters know what they're doing short term or not, Todd Buckingham and Matt Tripp have plans for Long term.
So if you feel uncertain about your investment in Betmakers, remember;

US - 11B Industry - 330M People
AUS - 20B+ Industry - 25M People (Fixed Odds introduced in Aus 2010)
Population NJ - 9.4M
Population NY - 20M

As the bill states (if anyone bothered to read the legislation) - effective immediately. So when the rules and regs are finalised, it will be all systems go.

Moral of the story, if the regs dont come out this week do not stress.
If they do, Giddy Up.

Cheers Cobbas