Veltyco Group plc (‘Veltyco’) acquired Sheltyco Enterprises, which is active in marketing and promoting online casino & sports betting, lottery and options trading products and services online. The group refers customers to online brands under exclusive marketing agreements, for which it in turn receives a share of net revenues generated by the operators of the brands. We initiate with a Buy rating and 36p price target.
24 Oct 2016
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B90 Holdings plc (B90:LON) | 3.3 0 (-2.9%) | Mkt Cap: 14.5m
- Published:
24 Oct 2016 -
Author:
Michael Campbell -
Pages:
24
Veltyco Group plc (‘Veltyco’) acquired Sheltyco Enterprises, which is active in marketing and promoting online casino & sports betting, lottery and options trading products and services online. The group refers customers to online brands under exclusive marketing agreements, for which it in turn receives a share of net revenues generated by the operators of the brands. We initiate with a Buy rating and 36p price target.