are they profitable? i see the balance sheet it kinda negative...
with 1.2 percent Australia market shares..
why would you expand if you only got 1.2 percent in Australia..
if they got like 5 percent like pointsbet, they would have being profitable ..
problems ia that Australia has too many bookies...
America dont allow online sport betting.. maybe draftking.. but they not like competition to see which team do well..
either way.. bluebet is a nice company... just need to increase market share here..
BlueBet vs Pointsbet comparison at IPO, page-36
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