Gaming Website Seeking Loan in Romania
|Employees||10 - 50|
|Legal Entity||Limited Liability Partnership (LLP)|
|Reported Sales||USD 800 thousand|
|Run Rate Sales||USD 1 million|
|EBITDA Margin||5 %|
|Industries||Mobile Apps + 1 more|
|Local Time||7:34 AM Europe / Bucharest|
|Listed By||Management Member|
- Our company provides an i-gaming platform where our users can choose from a range of betting games and activities.
- The platform is essentially a gaming website and an android mobile application. The application is not published on Play Store, the users can simply visit our website and install the application directly from there. The iOS application is under development and will be launched in the upcoming weeks.
- Our platform has generated over 5,000 recurring users who actively use our platform. We also receive about 200 to 300 daily users on our mobile app and website which include first-timers as well.
- When the users are playing casino and are placing bets, they do so against a bot which essentially represents our company.
- User can add money through their banks to their digital wallets on our platform. Whenever the user places a bet and loses, the funds get deducted to their wallet and comes directly to the bot i. e. our company.
- Our company takes counter positions against the users in all games and bets. This is the only channel through which we generate revenue. We do not charge any transaction fee from the user when they add or withdraw money from their wallet.
- Apart from our company-owned office in Romania, our company also owns a land with a market value of RON 3 million. The land will be pledged as a collateral with the lessor to secure the loan.
Our platform offers our users a broad range of betting games such as:
- Pre-match and live betting on sports matches such as basketball, soccer, football, etc.
Physical assets include:
- Company-owned office in Romania.
- Company-owned land in Romania.
- Furniture, inter fittings and computers at offices.
- The business runs operations from a company-owned facility in Dumbraveni, Romania spread across 21,000 sq. ft.
- The company has another office in Malta which is rented. The headquarters is in Romania.
Earlier than 15 daysCFO, Investments, Dubai, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysChairman, Investment, Monaco, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysDirector, London, M&A Advisor connected with the Business