Would anyone have a rough idea what kind of EBITDA margins (on gross wins) reduced juice books such as Pinnacle have?
I reckon they are doing about $4bn in handle now, and about $55-60m in gross wins.
Because they are a discount shop, I'm imagining that their EBITDA margins would not be too far off the recreational books since they don't have to spend so much on marketing or customer acquisition (Action comes to them... they don't need to compete as much).
Any ideas?
I reckon they are doing about $4bn in handle now, and about $55-60m in gross wins.
Because they are a discount shop, I'm imagining that their EBITDA margins would not be too far off the recreational books since they don't have to spend so much on marketing or customer acquisition (Action comes to them... they don't need to compete as much).
Any ideas?
