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Best Research Award 2007
Edison Investment Research, winners of 'Best Research Award'
Betbrokers
| Date | Reports available | Download |
|---|---|---|
| Jun 11 2008 |
Stage three... Betbrokers has identified a clear niche in the high growth sports betting sector. Its voice broking business scaled up rapidly during 2006/07 but is now undercapitalised and unable to meet demand (hence forecasts have been cut). We believe Betbrokers still has excellent potential. Additional financing (debt or equity) would enable it to move to the next stage of its development, meeting market demand in voice broking and cross-selling additional products such as sports data and financial betting. Research type: Outlook - Trading update |
Log in to download 12 page note available |
| Mar 13 2008 |
Better betting Betbrokers has made significant operational progress over the past six months, growing the UK betting brokerage business, acquiring the Winning Edge sports handicapping service and broadening the product range. It is now reaching critical mass (albeit later than originally forecast) and should move into profit during 2008. Today’s loan note and share placing has raised additional funds for future growth. Research type: Quarterly Update - Fund-raising |
Log in to download 4 page note available |
| Mar 12 2007 |
Good progress Management is making good progress establishing the world’s first brokerage and clearing house for the sports betting market, offering access to wholesale prices and liquidity through a single account. Key software and marketing programmes have been implemented to support ambitious client targets. Such ambition is not without risk, however, and the market awaits visibility on revenue potential. Research type: Quarterly Update - Full year results |
Log in to download 4 page note available |
| Nov 01 2006 |
Going live Betbrokers provides investors with exposure to the high growth sports betting sector without two key sector risks: exposure to the US and the impact of principal risk. The company has established the world’s first brokerage and clearing house for the sports betting market offering access to wholesale prices and liquidity through a single account. This allows traders / sports wagers and bookmakers to take and lay off risk through even the most diverse of bets without disclosing their positions to competitors. The additional liquidity and potential for best price this brings to the market is extremely attractive to participants and a key driver of the likely success of the business. Research type: First day of dealings |
Log in to download 2 page note available |
| Sep 20 2006 |
Bettor together Betbrokers provides investors with exposure to the high growth sports betting sector without two of the key sector risks: exposure to regulatory concerns in the US and the impact of principal risk Betbrokers has established the world’s first brokerage and clearing house for the sports betting market (both individuals and bookmakers) offering access to wholesale prices and liquidity through a single account. Betbrokers is planning to list on AIM in October. Research type: IPO Research |
Log in to download 12 page note available |
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Director, Fyshe Horton Finney