I own slightly more than 2% of private online gambling company. I'm now looking to sell these shares. Here is some information. More information is available for serious buyers, also the CEO of the company has very kindly promised to discuss the future of the company with everyone who might actually be interested in investing.
- The company has been online since 2006
- Monthly revenue depends slightly on the month (i.e summer months are worst and winter best). But it is between 750,000 and 550,000 euros. Most of the revenue comes in form of poker rake.
- There are around 140,000 registered customers.
- No USA players are accepted at the moment, so there is some additional potential.
- On top of poker the company offers casino games and sports betting. Bingo will be added in the future.
- The new CEO of the company has been running it for little over a year and a definete turn for better can be seen thanks to that.
- There is lot of untapped potential. For an example the company doesn't at the moment offer casino bonus, sports betting bonus nor does it have a real affiliate system for those. All those things should be coming in the near future.
- For the first time in the company's history a SEO project was started couple months ago and already the rankings for certain nice terms have improved nicely.
Why I'm selling?
Having been owner in this company for over 3½ years I now want to focus on other projects.
Pricing:
3.8€ a share. The price itself is non-negotiable. But I'm willing to negotiate about a possible insurance, i.e you pay now 3€ and if revenue increases as decided upon you pay additional money based on the revenue. I have 17,000 shares which places the price for the whole lot at slightly less than 64,600€. The whole company has about 800,000 shares which places the value of the company at 3.04million€. In other words its priced only at about 6 months revenue, much cheaper then most of the publicly listed companies.
New: $5,000 reward for the person who finds buyer for these, see the last message.













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