Attention on the street on the online gambling business will in the coming weeks be on SeanieMac International Ltd (OTCMKTS:BETS) as focus shifts towards quarterly earnings. If performance in the second quarter is anything to go by, then the company should report better than expected earnings for the third quarter.
Street Expectations
SeanieMac reported record revenues of $1.2 million for the May quarter a momentum it is hoping to build on heading into the end of the year. The company has had an impressive third quarter having entered into a strategic partnership as well as the unveiling of a new site that it hopes will bring in more gaming customers. During the quarter, the company signed a strategic partnership with UK’S digital innovation and marketing company Dev Clever as part of an effort that seeks to enhance the current marketing strategy.
Dev Clever is a renowned marketing agency having marketed renowned brands such as Pepsi, Nescafe ad Honda. The agency is currently making a mark for itself on the E-gaming sector having marketed big brands such as William Hill, Bet Victor and Corals.
Quarterly Earnings and Dividend
The launch of a new site under the SeanieMac International Ltd (OTCMKTS:BETS) brand is now seen as yet another milestone that could steer the company to a new height when it comes to revenues and earnings. Reception to the new site has so far been positive more than 1000 people having already signed up.
Scientific Games Corp (NASDAQ:SGMS) has already confirmed that it will release its third quarter earnings for the quarter ended September 30, 2016, before the market opens on November 3, 2016. Century Casinos, Inc. (NASDAQ:CNTY), on the other hand, plans to release its third quarter earnings on November 1, 2016.
Canterbury Park Holding Corporation (NASDAQ:CPHC) has, on the other hand, reiterated its ability to maximize shareholder value having declared its first ever quarterly cash dividend of $0.05 a share.
