Crabbys Gold

What is Crabbys Gold?

Lottomatica CEO Guglielmo Angelozzi described its merger with Cirsa as a “low-risk proposition”, during an investor call detailing the deal on Wednesday.

The Wednesday announcement promised the merger of the two listed gaming giants would create the second-largest listed global gaming and sports betting operator, with a pro forma adjusted EBITDA of approximately €2 billion ($2.3 billion).

Angelozzi, who is set to lead the combined company as CEO, told analysts on the post-announcement call that the deal was expected to be a “low-risk proposition” given the consistent growth demonstrated by both Lottomatica and Cirsa in recent years.

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Below the largest exchanges, he sees numerous operators competing for relatively small shares of a fast-growing category. “If you get 1% of this market, I think it’s a huge opportunity,” Patel said. “There are a lot of people fighting to get 1%.”

Jefferies estimates exchanges can retain approximately 65% of explicit transaction fees, with the balance distributed across clearinghouses, brokers and liquidity providers. It therefore expects more operators to bring parts of the infrastructure in-house.

For the independent suppliers growing alongside them, however, the opportunity expands with every new exchange, contract and market maker. The consumer-facing platforms may attract the users, but their products cannot trade at scale without the data, liquidity and operational machinery developing behind the screen.

How to play Crabbys Gold

I’ve made a list of links and given a brief summary so that you can take it, bookmark it and read it at your leisure away from the hype or the disparaging comments, which unfortunately, there are plenty as they’re focused on the price of their coin rather than the solutions for your business.

CoinGeek.com – News and Updates – CoinGeek.com is the sister site of CalvinAyre.com that offers news, interviews and analysis of Bitcoin, cryptocurrency and blockchain through a unique lens.

BitcoinSV.com – General Information about BSV – BitcoinSV.com is a good starting point on your BSV journey. The site shares the basics and some case studies of other businesses who’ve already integrated Bitcoin SV into their businesses.

bitcoinsv.io – Node and Software Updates – If you’re already beyond the basics or if you’re a developer looking to look under the hood, BitcoinSV.io is an excellent resource that explains the technical aspects of BSV. The site also offers a section containing developer resources so you can get started right away building your BSV solutions.