Dec 2021 Price Target, page-226

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astrogirl10

111 Posts.

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13/05/21

18:05

Post #: 53159543
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Originally posted by Helpneeded70: ↑

Reg for the here and now there is tremendous upswing in the TAB deal.

There is no doubt a little bit of concern from Matt Davey of how a demerged TAB effects his interests.

There is a touch of pull you push me.

TAH is Matt Tripps baby and Nasdaq listing is Matt Davey end goal.

Where all this fits in will and where other companies join is still to be decided.

Long term 3-5 years , BET will have a similar company size as BETRADAR. They have a valuation of 10 billion and are about to be listed in the USA.

Once TAB, Sporttech, Foxbet and USA fixed odds springs to life then BET will be a similar size.

It would make perfect sense for BET and BETRADAR to join forces to combine all fixed odds opportunities.

There are so many possibilities , and the two biggest gambling countries in the world are not even spoken about.

Japan and Hong Kong lose billions of dollars in lost revenue every year in illegal gambling houses.

Its only a matter of time before simple economics makes them knock on BET door.

There has already been a very friendly introduction to both prior to Covid but that is many years away.

This isn't just Blue Sky, its out of this world.

You know that and so do I.

BEt on IT !!!!!

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In addition to the illegal gambling in Japan and Hong Kong, I was reading up on the size of illegal horse racing in the USA and the legal market handle on horse racing in the United States in 2018 was $11.26 billion while experts predict the illegal sports betting market could be anywhere from $80 billion to $150 billion annually.

https://racingthinktank.com/reports/tif-reports-horse-racing-and-legal-sports-betting

As I have no experience in illegal wagering, do illegal bookies offer fixed odds?
If so I would presume that once fixed odds is allowed in USA, some of these illegal bets may shift to legal operators.

BET Price at posting: $1.32 Sentiment: Buy Disclosure: Held
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Last 9.2¢		Change -0.003(3.16%)		Mkt cap ! $89.25M

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Dec 2021 Price Target, page-226

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Dec 2021 Price Target, page-226

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