people watching a sports event

International Sports Betting Portal with Multiple Channels

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This online business is a lucrative subscription-based model in the sports betting industry with a worldwide reach. It has been operating profitably for 11 years and has gained the trust of 55,000 subscribers. The company operates from an offshore location legally and safely, and it has a hands-off approach to regulate and monitor its daily operations, thanks to contractors providing IT support and core bookie labor. Marketing strategies include organic marketing, social media, affiliate marketing, mobile app access, and email marketing. Currently, the company is developing a live sporting events betting app, to be completed within four months.

OPERATIONS

This online business is a subscription-based model that operates globally, with a hands-off approach to monitor and regulate daily operations. Contractors provide IT support, while core bookie labor manages daily operations in the offshore location, enabling the business to maintain a trusted and safe environment for its 55,000 subscribers worldwide.

Since this business operates on subscription-based revenue, supply, and logistics are negligible.

MARKETING AND KEY METRICS

Marketing efforts include organic marketing efforts, outbound email marketing, and social media. Currently, the company is working on developing a live sporting event betting app, set to be complete in four months, which is an exciting growth opportunity.

The sales channel for this business is subscription-based, and marketing strategies include email marketing, social media, and developing a live sporting events betting app.

This online business has 55,000 subscribers, with an additional 200,000 records available for outbound marketing efforts from a data supplier.

This online business has 55,000 subscriptions and is open to clients worldwide, from all corners of the globe.

BUSINESS MODEL & RESOURCES NEEDED

The company has five employees. It relies on contractors for IT support and manages its operations with minimal human resources.

THE INDUSTRY

This online business operates in the online sports betting industry, which has gained popularity worldwide. With the legalization of sports betting in the US, this industry is expected to continue to grow. The global sports betting industry is estimated to be worth $200 billion annually.

OPPORTUNITIES TO SCALE

Opportunities for scaling this business include expanding marketing strategies to include affiliate marketing, social media advertising, and mobile app access, as well as expanding the live sporting events betting app to more markets.

Asking Price: $100,000
Gross Income: $3,250,000
Cash Flow: $32,000
Year Established: 2007
Employees: 5

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