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Northstar Gaming Holdings Inc V.BET

Alternate Symbol(s):  NSBBF

NorthStar Gaming Holdings Inc. is a Canada-based online gaming operator. The Company owns and operates NorthStar Bets, which is a made-in-Ontario casino and sportsbook gaming platform that provides players with a local, premier user experience. The Company offers an online sportsbook, which features pre-match and live sports betting markets, including futures sports betting markets, and an online casino which features approximately 600 online casino games servicing casual and VIP players, including slot games, blackjack, roulette and baccarat, and a variety of stakes and live dealer games. The Company, through its online gaming site, Northstarbets.ca offer English to players aged 19+ and physically located in Ontario and is deployed on an instant play Web-based desktop and mobile-optimized site. The NorthStar Bets sportsbook provides real-time news, stats, analysis, and scores directly in the betting environment along with online casino games.


TSXV:BET - Post by User

Comment by evilballson Apr 29, 2024 4:13pm
47 Views
Post# 36013382

RE:RE:RE:Share Price Is A Joke an Embarassment

RE:RE:RE:Share Price Is A Joke an EmbarassmentThe financing deal is fine.  It shows they have confidence they are close to cashflow positive and there will be no dilution at these levels which the market was half expecting with a PP.   But your comments are off about a sharebuyback because currently the company is not creating enough cash to do that.  If you are not cash flow positive, any sharebuyback will contribute to further cash burn and the only thing benefits is shareholders and not the company at this stage in its life cycle.
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