BBT 2.33% 21.0¢ bluebet holdings ltd

Quarterly

  1. 92 Posts.
    lightbulb Created with Sketch. 28
    Can someone explain the following

    the current quarter Q3

    Receipts from customers $30.6m?
    *it says this reflects customer deposits?
    I understand that to be punters put that much into their
    BlueBet accounts but that’s not income?

    why is it in cashflow? It’s not income for the company
    income only happens once we pay winning bets and have loosing bets left over.

    We had Q3 turnover of $120m with Net win of $12 million that’s our Q3 income…

    shouldn’t item one be receipts from customers $12m not $30m ?
 
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