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NorthStar Gaming Holdings Inc. V.BET

Alternate Symbol(s):  NSBBF

NorthStar proudly owns and operates NorthStar Bets, a made-in-Ontario casino and sportsbook gaming platform that provides players with a uniquely local, premier user experience. The NorthStar Bets sportsbook provides real-time news, stats, analysis and scores directly in the betting environment along with the most popular online casino games.


TSXV:BET - Post by User

Comment by a2bmanon Apr 26, 2024 8:58am
35 Views
Post# 36008949

RE:RE:Northstar Has Entered into a Short Term Financing

RE:RE:Northstar Has Entered into a Short Term FinancingIts a pretty good deal for shareholders - no dilution, at least not right now.  The first part is a revenue sharing deal, Playtech gives 4MM in marketing and is reimburesed through revenue. the second part is debt financing at 8% due in a year.

Much better than doing a deal down here.  Lets hope they can get this thing up before doing a dilutive financing next year. Doesnt look like a problem IMO
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