Extracts from $BETS DD published October 26 by an
Post# of 1001
Posted On: 10/26/2016 12:33:55 PM
Extracts from $BETS DD published October 26 by an alerter to it's e-mail subscribers:
Online gambling is only getting bigger, with market experts suggesting the CAGR keeping steady over the decade, showing no signs of falling. The inclusion of countries to take a piece of that action in the forms of taxing has only made online gambling friendlier on the regulatory level.
With recent news of a merger, BETS shows it’s not falling asleep to the trend, this ticker has the potential for being the next William Hill, a super global betting site and you could get in on that action at a steal.
BETS an online gambling holdings company just recently announced a merger with Apollo Bet (www.apollobet.com), a leading UK gambling portal. The holding company plans to merge the two in to their premier access site, SeanieMac (https://www.seaniemac.com/UK), where bets can be placed on anything from tennis, horse racing, football, greyhounds, rugby, boxing, baseball, and even darts!
Just this month, BETS announced phase 1 of the new platform launch under the seaniemac.com brand. The platform went live as planned on September 19th. Testing in a live environment growing on customer experience. The company reported in excess of 1000 new customer registrations since September 19th, with growth continuing daily. Apollo Bet continues to trade under its own brand until the end of October where thereafter the company intends on consolidating this under the Seaniemac.com brand as planned.
Garreth Core, COO of BETS stated, "As a result of many months of planning and building behind the scenes we have finally seen our ambition realized. We have more work to do in order to have a fully delivered 'state of the art' online facility; we are however on track to enter phase 2 of our planned build in the coming weeks."
Shane ODriscoll, the CEO of BETS commented, ”We continue to plan, discuss and deliver our digital marketing strategy on a daily basis with our new digital media partner Dev Clever and our marketing strategy will grow with the further development of our new site. We are also working on developing or long planned VIP customer growth side of the business which should significantly increase our revenues, once fully realized. We will provide updates on turnover and gross profit as the roll out continues. We also continue the final stages of due diligence and paperwork on our previously announced Letter Of Credit and will update shareholders when the process is concluded and a decision by the lender is final.”
BUSINESS SUMMARY
(BETS – SeanieMac International Ltd)
www.SeanieMac.com
www.apollobet.com
SeanieMac International Ltd. or BETS, is an Irish gaming company that owns and operates "www.SeanieMac.com", and "www.apollobet.com" an online sports and casino wagering web-based platform serving gamblers directly under the brand name SeanieMac.com.
BETS plans to continue to grow their business by strategically deploying marketing resources and expanding the number of new sponsorship programs that will provide nationwide exposure to the brand. Additionally, they expect to expand on the business following with recent acquisition of Apollo betting in the United Kingdom.
While the site offers wagering for many categories outside of sports, SeanieMac intends to capture the Irish market by initially focusing on the Gaelic Athletics Association (GAA) or Gaelic Games as well as Irish horse racing and soccer. The company's mission is to provide a market-leading, user-friendly website for online gambling, including sports betting and casino gaming (traditional casino, live casino, poker, bingo and interactive skilled games).
MARKET OUTLOOK
According to Yahoo, the online gambling market is poised for growth. Ujjwal Doshi, a lead analyst from Technavio, specializing in research on media and entertainment services, says, “In 2015, the global online gambling market is expected to grow at a CAGR of over 9% during the forecast period, as more than 85 countries worldwide have legalized online gambling. Online betting and online casino, together, accounted for 70% of the revenue generated from the online gambling market. Online gambling is a huge success among the public because of the wide range of games it offers and the convenience of playing without any location-constraints. China, the UK, Australia, the US, France, Germany, and Italy are some of the key revenue generating countries in the market.”
The female gamblers accounted for 40% in the US and 49% in the UK in 2015. Studies show that women prefer to gamble in private, on their personal electronic devices so that they can play confidently and are less intimidated by male players. In 2015, women under 35 years were far more active in online gambling than those above 35 years. Several online casinos encourage women gamblers, for example, Cameo Casino was the first online casino launched for women in 2015 with the slogan "made by women, for women."
PwC, a highly accredited auditing and business consultancy firm, reported for projections in to 2015 that suggest a CAGR that is not wavering. Global casino gaming revenue across the US, EMEA (Europe, Middle East, and Africa), Asia Pacific, Latin America, and Canada will grow at a 9.2 percent compound annual rate during the next five years, rising from $117.6 billion in 2010 to $182.8 billion in 2015. This growth will see Asia Pacific overtake the US in 2013 as the world’s largest regional casino gaming market. In EMEA, revenues will reach $18.3 billion in 2015 from $16.3 billion in 2010, an average annual increase of 2.4 percent compounded annually.”
Online gambling is only getting bigger, with market experts suggesting the CAGR keeping steady over the decade, showing no signs of falling. The inclusion of countries to take a piece of that action in the forms of taxing has only made online gambling friendlier on the regulatory level.
With recent news of a merger, BETS shows it’s not falling asleep to the trend, this ticker has the potential for being the next William Hill, a super global betting site and you could get in on that action at a steal.
BETS an online gambling holdings company just recently announced a merger with Apollo Bet (www.apollobet.com), a leading UK gambling portal. The holding company plans to merge the two in to their premier access site, SeanieMac (https://www.seaniemac.com/UK), where bets can be placed on anything from tennis, horse racing, football, greyhounds, rugby, boxing, baseball, and even darts!
Just this month, BETS announced phase 1 of the new platform launch under the seaniemac.com brand. The platform went live as planned on September 19th. Testing in a live environment growing on customer experience. The company reported in excess of 1000 new customer registrations since September 19th, with growth continuing daily. Apollo Bet continues to trade under its own brand until the end of October where thereafter the company intends on consolidating this under the Seaniemac.com brand as planned.
Garreth Core, COO of BETS stated, "As a result of many months of planning and building behind the scenes we have finally seen our ambition realized. We have more work to do in order to have a fully delivered 'state of the art' online facility; we are however on track to enter phase 2 of our planned build in the coming weeks."
Shane ODriscoll, the CEO of BETS commented, ”We continue to plan, discuss and deliver our digital marketing strategy on a daily basis with our new digital media partner Dev Clever and our marketing strategy will grow with the further development of our new site. We are also working on developing or long planned VIP customer growth side of the business which should significantly increase our revenues, once fully realized. We will provide updates on turnover and gross profit as the roll out continues. We also continue the final stages of due diligence and paperwork on our previously announced Letter Of Credit and will update shareholders when the process is concluded and a decision by the lender is final.”
BUSINESS SUMMARY
(BETS – SeanieMac International Ltd)
www.SeanieMac.com
www.apollobet.com
SeanieMac International Ltd. or BETS, is an Irish gaming company that owns and operates "www.SeanieMac.com", and "www.apollobet.com" an online sports and casino wagering web-based platform serving gamblers directly under the brand name SeanieMac.com.
BETS plans to continue to grow their business by strategically deploying marketing resources and expanding the number of new sponsorship programs that will provide nationwide exposure to the brand. Additionally, they expect to expand on the business following with recent acquisition of Apollo betting in the United Kingdom.
While the site offers wagering for many categories outside of sports, SeanieMac intends to capture the Irish market by initially focusing on the Gaelic Athletics Association (GAA) or Gaelic Games as well as Irish horse racing and soccer. The company's mission is to provide a market-leading, user-friendly website for online gambling, including sports betting and casino gaming (traditional casino, live casino, poker, bingo and interactive skilled games).
MARKET OUTLOOK
According to Yahoo, the online gambling market is poised for growth. Ujjwal Doshi, a lead analyst from Technavio, specializing in research on media and entertainment services, says, “In 2015, the global online gambling market is expected to grow at a CAGR of over 9% during the forecast period, as more than 85 countries worldwide have legalized online gambling. Online betting and online casino, together, accounted for 70% of the revenue generated from the online gambling market. Online gambling is a huge success among the public because of the wide range of games it offers and the convenience of playing without any location-constraints. China, the UK, Australia, the US, France, Germany, and Italy are some of the key revenue generating countries in the market.”
The female gamblers accounted for 40% in the US and 49% in the UK in 2015. Studies show that women prefer to gamble in private, on their personal electronic devices so that they can play confidently and are less intimidated by male players. In 2015, women under 35 years were far more active in online gambling than those above 35 years. Several online casinos encourage women gamblers, for example, Cameo Casino was the first online casino launched for women in 2015 with the slogan "made by women, for women."
PwC, a highly accredited auditing and business consultancy firm, reported for projections in to 2015 that suggest a CAGR that is not wavering. Global casino gaming revenue across the US, EMEA (Europe, Middle East, and Africa), Asia Pacific, Latin America, and Canada will grow at a 9.2 percent compound annual rate during the next five years, rising from $117.6 billion in 2010 to $182.8 billion in 2015. This growth will see Asia Pacific overtake the US in 2013 as the world’s largest regional casino gaming market. In EMEA, revenues will reach $18.3 billion in 2015 from $16.3 billion in 2010, an average annual increase of 2.4 percent compounded annually.”
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.