Andrew Tottenham - September 24, 2018

An Alchemist’s Dream, Dust into Gold


The European gambling landscape is quite mature, with very few opportunities for meaningful expansion. There are still ways to grow profits, such as improving revenues through better marketing programs and doing cost reductions, but without new licenses becoming available the only way to substantially increase profits is to acquire other businesses. All three options have their risks and none are guaranteed to work, but otherwise you’re stuck with a business that will only increase revenues when there are positive macroeconomic trends. Continue Reading