AskGamblers Sold For $17 Million

[AlexTu]

I think Aussie meant the other site they acquired, Rightcasino.

Well...probably I should rest=)

 

[Ermac]

If I only had $ 17 million..

 

[Aeternus]

The big dogs are getting bigger, that's for sure... Consolidation had to start happening in this industry as it with every other industry I guess. Making it much harder for the rest of us as a long term result.

Btw. Catena Media is listed on the Nasdaq Stockholm stock exchange with a market value of around 286 million euros, so they got deep enough pockets alright.

 

[Aeternus]

Forgot to congratulate the owner with the sale.. $17 mill should be enough for a lifetime or two.

 

[Ermac]

Forgot to congratulate the owner with the sale.. $17 mill should be enough for a lifetime or two.

one or two? Stop it, please. It's enough for a 10 lifes, if you waste it in a right way

 

[edgarf76]

I read that ask gamblers was sold to a publically traded European affiliate company for 15 million. They are counting on 25,000 new real money European online gamblers to register through their site. This really shows how much bigger the entire European market is that the United States market.

 

[Kadabra]

Btw. Catena Media is listed on the Nasdaq Stockholm stock exchange with a market value of around 286 million euros, so they got deep enough pockets alright.

Judging by Q1 there are in for 16M euro profit this year, which means 18 p/e - not too high for a such a growing company.