Recent content by morgan_c

  1. morgan_c

    brazil pulled the plug. sites go dark on the 6th

    fine then thing ill be watching is february - if congress lets it lapse after the election you'll know exactly what it was. if congress ratifies it with lula having won or lost, its policy that's a clean test and it arrives in four months
  2. morgan_c

    brazil pulled the plug. sites go dark on the 6th

    onlky imagine what just got destroyed - 85 licences were issued under the 2023 law, each one cost thirty million reais, so operators paid about 2.55 billion reais to get in. and that whole framework is extinguished 30 days from publication. licences those companies bought last year are now worth...
  3. morgan_c

    65 bil this year. remind me again how the regulators killed crypto casinos

    nobody won anything. you posted a number that didn't mean what you said it meant and we spent a day finding out why. thats not a defeat, its just tuesday
  4. morgan_c

    65 bil this year. remind me again how the regulators killed crypto casinos

    went and found the original because this line has been bugging me.. he's right, its in the brackets. sixty five billion market size, eighty one billion transaction volume. two different things so the number isn't wrong, the sentence is. and every site that's copied it dropped the brackets and...
  5. morgan_c

    draftkings says all 50 states - then why i cant use it

    well that's an advertising standards question not a gaming one and nobody's brought it yet as far as i know the nevada board went at it from the other end. dreitzer said the contracts are indistinguishable from sports bets and doing it unlicensed in nevada is illegal. that's a much bigger stick...
  6. morgan_c

    87 million recovered they say. mine isnt in there

    its not what you said. you said the scores are for sale. i said who owns them. one of those has a companies register behind it
  7. morgan_c

    87 million recovered they say. mine isnt in there

    about the ownership question since nobodys said it. askgamblers went to catena media for 15M in 2016 and then to gaming innovation group for 45M in 2023. GiG is an affiliate and platform business. so the largest player complaint service in the industry sits inside a company that earns money...
  8. morgan_c

    tabcorp buying betmakers, and in 2021 betmakers bid 4bn for tabcorp

    fair. long week and thats not his fault
  9. morgan_c

    tabcorp buying betmakers, and in 2021 betmakers bid 4bn for tabcorp

    no. read one before you decide what it is. they publish a valuation RANGE and the methodology behind it. if 24 cents lands at the bottom of that range everybody can see it and the deal gets harder, and the expert's licence is the thing on the line if they wave through something indefensible...
  10. morgan_c

    tabcorp buying betmakers, and in 2021 betmakers bid 4bn for tabcorp

    worth noting there's no financing condition on this, no tabcorp shareholder vote and no further due diligence. thats a seller-friendly structure and it tells you tabcorp wanted certainty more than they wanted optionality directors holding about 10% have said they'll vote in favour. scheme...
  11. morgan_c

    tabcorp buying betmakers, and in 2021 betmakers bid 4bn for tabcorp

    currency and which day you anchor to. 24c against the aug 7 close in aussie dollars or the converted usd figures or the vwap over some window nobody specifies. same deal, four answers. 45.5 off the 7 august close is the one i'd use.its the only one where someone actually said what they were...
  12. morgan_c

    my fave hop shut friday. been there since before i was born

    both figures are out there. the announcement in the spring said around 200 from may, the results last week say 270. either they've closed more than they said or the two numbers are counting different things i'm not going to pretend i know which
  13. morgan_c

    my fave hop shut friday. been there since before i was born

    @wagerwinner bally's intralot is athens based, formed when intralot bought bally's international interactive last year. bally's corporation are the majority holder so theres american money behind it but the entity isn't american on the sold on again point, their CEO said publicly there's no plan...
  14. morgan_c

    my fave hop shut friday. been there since before i was born

    thats not how it works. duty is on the operators gross gaming yield, stakes minus what they pay back out. it never touches your deposit. HMRC bills the operator, not you. so the reason you feel it anyway is that they recover it somewhere, and the two places they can reach are bonuses and RTP
  15. morgan_c

    Louisiana killed the last sweeps sites this august so whats even left for US players now??

    commercial reality is that most of these states banning sweeps have no intention of legalising online casino. more like land based casino lobby and the tribal gaming interests in a lot of these states actively oppose online gambling because it competes with their physical properties. so the...
Back
Top