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11/10/13
12:34
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I looked at the investor presentation and was surprised to see that they are no.3 most popular betting website, just behind tab and bet 365 !
What surprised me is that they have 3x more share/traffic than sportingbet, sportsbet, centerbet and tom waterhouse according to hitwise
The profits at EBIT $155 on sports betting/waggering is incredible !!!
The scarey thing is that only 16% of the revenue/profits, come from online, which shows there's room for more growth
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