RE: License Approved (18.34 GMT)21 Feb 2019 20:55
It’s not about being a bundle of joy lol.
Of course as a holder it’s positive news. 100%.
Is it double figures news. Simply no.
Been here, heard it all before, rampers come, rampers go.
Long term hold, California bill passed, Webis tie up with software deals and likely partner agreeing given the only real license holder in California for race track betting. That’s when the double figures come imo
The market has always seen and based Webis on California (right or wrongly), and accounts have never been that bouyant (average). But until they can take bets over there, or there is a tie up with one of the big boys given we hold over 20 state licenses, we will just have to be patent
Remember, Webis held this license before the initial 3 month extension. But, there is little point in having a license if you can’t bet and make money from it! Hence why I’m saying the market won’t value this as yet as there is nothing to value and we know how long these bills in the US can take, and that’s IF they get passed (FYI I think I’m time it will be passed as they won’t allow the amount of money made by other states miss them by)
GLA for tomrorow, just be alive for spikes newbies. Long term cracking buy and allow risk as aim goes.