Stars Group just acquired the 20% they didn't already own in BetEasy for $250m (included performance awards to local management). BetEasy and PointsBet at different stages of their life cycles but interesting to compare the perceived value of 20% stake in a online bookmaker in a mature market versus what paying for PointsBet which has a lot of upside in US *if* they can capture market share. Big question is if and what it costs to do so!
BetEasy comparison
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Last
46.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $151.3M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.0¢ | 45.3¢ | $362.1K | 784.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18600 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 16271 | 3 |
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| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| PBH (ASX) Chart |