Australian Sports betting licenses are still valuable. Further look at the recent success of NEDS. Interactive sports betting is best incubated in a No public listed environment and I proffer thinking. There is $300k deposit in the NT to support the licence so the deal is a wash. Get the shell and management changed and that to can have another life. Best to get something than nothing is my thinking.
Ann: Disposal of Plus Connect Holdings Pty Ltd, page-6
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