Forum: Costa Rica and Offshore Bookie Chit Chat - Offshore Sportsbook Work Scene Info, Afterhour Events, and subjects of interest to our Costa Rican posters. No porn allowed.

Thread: Is this time for real?

  1. #1 Is this time for real? 
    RX Junior
    Join Date
    Mar 2018
    Location
    United States
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    4
    Wondering what offshore folks are saying about the looming Supreme Court ruling... https://www.bloomberg.com/news/artic...e-placing-bets

    If the curtain falls and a domino effect takes hold across the US, we can't deny it will impact the offshore industry, the questions are how and how fast?

    Initial thoughts are:
    i) Credit business will be much more insulated than post-up business, at least initially.
    ii) Vegas books, along with UK operators, will aggressively seek to gain marketshare in the post-up realm.
    iii) Private equity and venture capital will start looking to get involved across the entire value chain.
    iv) Customer lists will be up for sale and some offshore operators will try to capitalize by selling their franchises, although not clear if buyers would want to take the risk of dealing with "skeletons in the closet", so price tag will be adjusted accordingly.
    v) An emerging industry stateside will be highly fragmented, which inevitably leads to consolidation down the road.
    vi) Offshore operators will also experience a new wave of consolidation, where the strong buy the weak who don't manage to survive.

    These are just a few opinions, but the idea is to get a grip on what this picture could look like with more input. This is not about fear mongering, but rather to get folks thinking about the potential for structural change in the industry. I spent a good 10 years of my life running lines down in CR and have genuine concerns. Let's put thinking caps on and be serious about this.

    Chime in folks...
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    RX Junior
    Join Date
    Mar 2018
    Location
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    Posts
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