GREY:FASDF - Post by User
Post by
yixteron Jan 12, 2017 1:14pm
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Post# 25700127
Q4 could be pretty stellar!!
Q4 could be pretty stellar!! Fantasy Aces is excited to announce the results of the first 5 weeks of the NFL season. A major indication of this performance is the site's NFL tournament Overlay which is 1/4 the size as a percentage of gross revenue when compared to the 2015 same period. This statistic is a direct reflection of the Company's improvement in managing its site operations.
Additionally, this past Sunday's NFL tournaments generated the greatest single day tournament's net revenue in the company's history of $11,000, with $250,000 in prize payouts; even more noteworthy with only a 2% Overlay. With the NHL and NBA right around the corner, the Company expects to easily exceed its Q4 2015 revenue figures - Q4 being the largest revenue quarter of the year.
It's also worth noting that the MLB's 6 month season concluded Sunday October 2 generating specular performance increases over the same time last year. Gross revenue was up 231%, prize payouts greater than 240%, and 2015 overlay as a % of gross revenue dropped from 87% to an impressive 30% in 2016. Management's expertise and continued achievement in its site management performance further validates our standing as a Top Five DFS site.
Read more at https://www.stockhouse.com/news/press-releases/2016/10/17/fantasy-aces-provides-corporate-update#lpixdGUauWHK0Oo8.99