RE:RE:RE:RE:WTFsolarman2013 wrote: I would dare say we need to see EPS growth and that SKY and BetEASY are proving accretive to earnings, rather than a drain. Its been one year now since those transactions, so its time to see them performing to expectations as well. The synergies promised were about $70M, so we should see progress, as well as some serious debt paydown given the FOX investment. The proof is always in the pudding, so while Rafi is doing great deals with ElDorado, FOX, NBA, we need to see numbers that match the promise...
Exactly. Hype is one thing, we need to see the numbers that match them now.
I think capex will rise now that Foxbet is launching. Setting up will not be cheap, and marketing costs will rise too.
It's great for the long term future of the company, but the unfortunate truth is that the market is so myopic now, "long term" is considered a couple quarters, not 5 years.
While I'm bullish on TSG long term, I worry that the short term will be rocky in terms of numbers.