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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 ScarletSpideron May 03, 2024 11:31am
44 Views
Post# 36021742

RE:RE:Q1 2024 Quite Likely To Be Out End Of This Month

RE:RE:Q1 2024 Quite Likely To Be Out End Of This MonthYes it looks to be that way. I hope not about .15 to .25 next year. My trajectory is based on besting 2023 quarter over quarter. There is no way as far as i am concerned with an ipo after the first year falling way more than 87 percent that it should not get up to 50 to 75 percent with strong financials. In 2022 there is nothing to compare results to or not much. But we do see the explosive growth throughout 2023 which warrants in my lay persons opinion way more than .035 it fell to and definitely more than a lousy .10 that it fell from several times and should not have. 

With quarter over quarter improvement from comparative ones of 2023 the stock justifiably should rise because that is how they work. Now if lets say in q2 2024 reporting that the company not only bests the comparative quarter in 2023 it should rise and if at the same time it bests the first quarter 2024 it should rise even more. I strongly believe it will best 2023 for first quarter and the second quarter 2024 will best q2 2033 but will it also best q1 2024 i dont know.

Right now there is possibly only partial 2022 base comparison if i am not mistaken but leaving that aside we see full 2023 so the key is does the comparative quarters 2024 best those of 2023? With every besting that is justification for share value to increase and stay up. 

22.5 million gross gaming for full 2023 is the point of interest along with all other metrics. If any of the quarters beat that this should catch fire and while that is fairly high for this to be a premium stock it will inevitably need to best high totals of possibly a whole year in less and to be suoer good assuming it beats the whole year say in 3 quarters if it best that in 1 quarter to the point the numbers are ridiculous that it again is based quarter over quarter something when you get to Penn or Draft King status. But quarter over quarter current year to previous then besting quarter to quarter same year while besting last year too then if it best a whole year in less than a year and ultimately in lesser quarters.

Time will tell. I see this besting quarter to quarter current to previous lets see if it will also best quarter to quarter current and when it will move to besting 4 quarters worth in 3 or less quarters. I dont believe this will be less than .50 this year but this is on the basis this will be very solid besting quarter to quarter current year to previous and i would think it shoukd best its own consecutive current quarters but i am falling short saying that right now as i have to see what q1 2024 looks like. So lets say the third q last year was 7.1 million i forgot the tally i do expect q1 2024 to best that but 22.5 million will take doing. Q1 2024 i expect to see gross gaming in the vacinity of 10 plus million now that is if that q3 tally was 7.1 million but the point is whatever that tally was i expect q1 2024 to best it by at least 2 million.

We shall see where things go.
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