Let’s Keep this Thread about the Company BET makers on the Rise

Welcome new and old “Betalians”

Lets leave the jokes and boredom killing comments to the other threads.

Betmakers the company deserves a thread that is focused on them.

For those that are new , I will get Reg to give a summary and overview of Betmakers the company in this thread.

Reg knows the mechanics of this company like
the back of his hand.

The company is making waves in the gambling sector. It has managed what many thought would be unthinkable. To bring fixed odds horse racing to the USA in a legal format.

The company is well positioned with ……..

• 120 million cash in the bank
• fantastic management and advisors
• cashflow positive from both Sportech and existing revenue streams
• new and exciting opportunities

What does the New Jersey deal bring………

• it’s the first door opened to many other states in the USA to
follow suit
• Betmakers has exclusive contracts so around 39 bookmakers and casinos registered in NJ that want to run a fixed odds book on horse racing will have to register with BETmakers who clip the ticket on all bets placed.
• this also works in reverse if countries/States wish to run NJ fixed odds racing books.
• this model is identical to the successful Australian model that has seen racing/breeding flourish in Australia through increased prizemoney /integrity/mainstream acceptance.

What is ahead……….

• ongoing inroads in the USA states with fixed odds
• TAB wanting to explore partnerships with BET in the USA
• Foxbet wanting to make inroads in Australia but also the fixed odds in the USA will be a priority. Parent company Fox have exclusive rights to all major racing in New York.
• Sportech totaliser now streamlined and giving BET massive cashflow injections.
• new and exciting ventures to bring young people to
the table.

This will all lead to the potential of a “Global Tote”, one where both totes and bookmakers combine. This is where Reg has the detail and total knowledge.

A point that also must be made and is relevant to all future investors is that the previous drop from ATH was indeed the market not liking the TAB takeover deal, but it was oversold. Shorters took the opportunity to drive it down hard and they have done particularly well. But more importantly 65% of the company (top 25 shareholders) all stayed solid and in David Paradice case his investment company(S) increased their ownership by 1%.

This company has green fields all around, the opportunities are endless and over the next few weeks we will see what it really means for the Governor of New Jersey to sign on the dotted line.

Invest with confidence.

This company is a game changer.

BET on It !!!!!!