Ann: EML to Launch Winnings Payout Card Program in Canada, page-20

With the number of good news on EML last few weeks, who'd think we are now seriously talking  1.40... What a time to be a small cap growth investor eh? =)))

- Signing McMillan Shakespeare Ltd, which is to increase AUS reloadable volume by 40%;
- Signing payout card in Canada
- Both SportsBet and Ladbrokes parent company reported their Aussi arm well outperforming in Q4 CY16 (http://www.smh.com.au/business/gambling-companies-thriving-in-australia-20170125-gty8gb.html).

Yet mkt could not shake off
- GBP depreciating 20% from H1 FY16;
- Not sure about just how much cash spins out of US;
- Not sure how low the non gaming aus reloadable has gone;
- not sure how the inplay ban will reduce aus reloadable (note both sportsbet and williams hill have quantified inplay gaming is about 15% of their revenue).

In my mind, only the US cash generation is true question to look out for!