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Non-Tech : petal's Swedish stock picks -- Ignore unavailable to you. Want to Upgrade?


To: petal who wrote (49)10/28/2024 10:45:52 PM
From: Spekulatius1 Recommendation

Recommended By
petal

  Respond to of 56
 
I think the low cost employee base in Georgia is one of their advantages but the other are that they have skill inventing games or game variations that customers like. They probably have data what gets played and what not and how to create a successful online live game.
In a way it’s a classical sin stock supplying the shovels for the gold diggers and there does not seem to be a ton of competition. Ad far as the US is concerned, gambling is regulated by states and so far they are only in a few states, so there is a long runway for growth. My guess is that margins are lower, because the employees are more expansive and they have to run the gambling studios locally.

I think it’s a good bet at current prices, but I would not size it too large.