Thanks for those insights from the ME conference Dalibor
CDOL looks like a good buy for a maximum cost of $700k.
Although it is only turning over $1.2m, I'd imagine it has a pretty fixed cost base, given the technology has already been developed, so the margins will increase quickly and significantly as they scale up the business through cross selling.
Also the benchmarking / industry data reports are again something where the costs should be the same, irrespective of whether they are selling to 100 or 10,000 organisations, (assuming eBet uses its existing sales team)
I guess that is the benefit for eBet of having an increasing range of products/services/offerings (including the new LeapForward product) - eBet already have existing sales infrastructure and relationship with venues, so cross selling new products makes the business more efficient / increases margins.
In terms of Odyssey, TBF made an observation that Tatts (which have an 80% LMS Share - with Odyssey 20%) no longer see providing LMS operations as a core service offering, so there are real market share gain opportunities for Odyssey
Interesting to see if they are able to take their model offshore.....
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