Market's view on Webis
Published on April 2024
- Some stock watchers anticipate a potential takeover bid for the company, noting its strategic value and positioning within the US market.
- The company’s strengths are identified as its stable technology platform, reliable payment systems, licenses, and valuable content, which are attractive to larger operators looking to enhance their margins.
- There is a recognition of growing demand by larger operators to partner with, merge, or acquire licensed pari-mutuel operators in the US, highlighting the company’s solid standing in this sector.
- Concerns are raised about the company’s financial performance and valuation, with some watchers questioning the stated worth of the company’s licenses given the lack of significant profits.
- The company’s strategy focuses on growth in the B2C business platform, expansion of land-based licenses, leveraging key assets for third-party services, and exploring strategic mergers or acquisitions.
- The potential for strategic interests from larger and new market entrants in US regulated gaming is noted, with the company positioned as a viable target for mergers or acquisitions.
- There’s speculation about stock price movements and takeover possibilities, with some watchers expecting significant positive changes soon.