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SportsTranscript
00:00Okay, let's wrap up here with the CEO from Bally Bet talking about how they're very much
00:09entrenched in the sports betting market.
00:12They think that, Matthew, that they can continue this.
00:14I guess the question I would have for you is that, is this something that's said from
00:17a CEO because of shareholders, stockholders, et cetera, that inevitably is looking to get
00:22bought out?
00:24Because they're really, you know, outside of the words that this gentleman is using,
00:28there's really no signs that this is actually progressing in a way that he's talking about.
00:33Am I wrong here?
00:35You're not wrong.
00:36And Canby, who is their new sports betting partner, actually said something like this
00:40on a call, I believe it was their fourth quarter call earlier in the year, when they said,
00:45we hope we see Bally Bet start to market more.
00:49And Bally has said, no, we're not going to do that.
00:51We have a product.
00:52We want to offer a good product, but it's really more leverage to get customers into
00:56our database for eye game.
00:58Now, what's interesting about this interview, Craig, it's not the CEO, it's the chairman
01:02of Bally's.
01:03And his standard general, his hedge fund right now, is trying to take Bally's public.
01:08They tried it a couple of years ago at a much higher share price.
01:11Now the offer was $15 a share.
01:12So we're waiting to see.
01:14It's interesting to see what Kim is saying as he's waiting to hear if he's going to get
01:19to take this company private.
01:21Yeah, I mean, they can offer the sports betting with Canby and it'll be good enough.
01:26I don't know.
01:27I don't know if it'll be worth it to renew licenses at high cost when they move forward.
01:32But, you know, only time will tell that.