Motley Fool: RECENT ONLINE GAMBLING IPO TARGETS 827X POTENTIAL GROWTHMotley Fool is teasing an online gambling start-up. Anyone up for guesses? The Fool states this stock has never been recommended before.
…fueling some pretty impressive growth in the online gambling industry.
…First off, it’s tiny. $907 million market cap, to be precise. That’s less than 1/40th the size of casino Las Vegas Sands and 1/160th the size of Fool favorite Shopify! I love small companies with plenty of room to run. And targeting 827x potential business growth. Management estimates that this stock’s total addressable market could grow to $30.6 billion. By contrast, this stock brought in just $37 million in revenue in the last year. A potential total addressable market that’s estimated at 827x the size of the current business?
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I received that one too and have researched it. I’ve come up with GAN. Although in one of the Fool’s articles, they don’t refer to it as a “Pure Play” but Gan’s website does. I did find the 37 mil figure for the last 12 months though. Seems to fit. What say ye?
I got GAN too! Pretty confident!
It – GAN – was trading at 2.6 in October. Huge run up which I don’t like. Maybe Fool is front running?
Its 52 week low is 10.6