1st Half 2019 (prior to entering the US) they had 28,000 registered customers and turned over $210 million in bets for the half. and net revenue after Aussie taxes was circa $13.3 million. this was in the super competitive and mature Australian market.
between January and April this year in one US state (NJ) alone, they managed to get 18,000 registered customers. (4.1% share)
seems pretty promising to me !!
but I do agree on one comment you made - it's a long game and that's why I plan to hold for 3+ years.
IPO - Pointsbet Holdings Limited, page-21
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