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I am sure many of you watched the original dragons den show where Theo Paphitus gave £200,000 for 30% of gaming alerts. Many online affiliates congratulated the company for getting the investment, some thought Theo had gone mad and all of us laughed at the fact Duncan Bannatyne thought online bingo is ‘not popular’.
On Tuesday I watched the update show with interest, admittedly the show did not give much away (I was disappointed to say the least). However what was said was interesting, I definitely got the impression that they now work for Theo as they now work in his office and not their own - that to me seems like he now holds the cards.
That said I am sure they will benefit from the arrangement in the long run, I can’t wait for an update next year to see how far they have progressed. Good luck gaming alerts and well done for that amazing investment (oh and good luck Theo - if you want to invest in my business please feel free to contact me!)
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