888 Share Discussion Threads

[frankiethecabbie] 26/7/2016 11:43

You have to think it will go north of £3 , as we all know the major shareholder values the company at that price in its present mode.

[jamesjoel] 26/7/2016 09:44

Share price predictions anyone?

[frankiethecabbie] 25/7/2016 22:08

As I thought 888 would takeover Hills online business and Rank all the shops

[frankiethecabbie] 25/7/2016 21:35

https://www.gamblinginsider.com/news/2274/william-hill888rank-analysis-a-deal-would-be-complicatedA good read

[frankiethecabbie] 25/7/2016 18:27

Chris Grove report, he seems to think it has legsWILLIAM HILL SEEMS UNIMPRESSED with the acquisition overture from Rank / 888, suggesting in a statement that such a deal would do little to benefit William Hill's "strategic positioning." 888, unsurprisingly, doesn't see it that way, claiming there's "significant industrial logic" in the merger. While it's early days, my sense is that the offer has legs and William Hill isn't exactly rich with options at this point. If the deal does go through, one so-far-not-discussed impact would be to give the combined company a dominant position in the Nevada interactive gaming market; 888 powers the state's only online poker site, and William Hill is a strong force in the market for mobile sports betting in Nevada.

[oohrogerpalmer] 25/7/2016 13:54

Sold out today, can't see much mileage in this tie up so will hopefully buy back when share price drops back if and when it fizzles out!!!

[tongosti] 25/7/2016 08:42

Encouraging news today

[frankiethecabbie] 24/7/2016 21:50

Maybe Rank will take the shops and 888 the online business

[oohrogerpalmer] 24/7/2016 21:23

Trendboy ,
When you say the deal makes sense , what would 888 get out of it ?
Just asking as i thought Wmh had mainly shops with a struggling online presence ?
Wouldn't think 888 needed shops but obviously there is far more too it than that.

[trentendboy] 24/7/2016 20:41

Hills just too slow the last 2 years.The CEO had to go for such a poor performance of late.All egos on PTEC issue and they lost big timeI hold a lot of 888 and WHMThe deal makes sense but it is tragic that Hills is the one being take over.Not sure what it will mean for 888 share price though but should be good short term

[dice1950] 24/7/2016 20:31

Gambling groups Rank and 888 in takeover bid for William Hill
24th July 2016

[oohrogerpalmer] 24/7/2016 20:10

What would 888 get out of Wmh ??
I could understand Wmh taking over 888 for the online side but not the other way.

[frankiethecabbie] 24/7/2016 18:48

Rank Group and 888 Holdings have formed a consortium that will pave the way for a wider bid for ailing bookmaker William Hill, as the companies are pushed together by a wave of consolidation rippling through the gambling industry.The tie-up between Rank, the owner of Grosvenor Casinos and Mecca Bingo, and online bookmaker 888 is being driven by a desire to gain greater scale to help absorb the costs from tougher regulation and higher taxes."The consortium sees significant industrial logic in the combination, through consolidation of their complementary online and land-based operations, delivery of substantial revenue and cost synergies and from the anticipated benefits of economies of scale which will accrue to all shareholders," a joint statement between Rank and 888 said on Sunday.From today's FT

[mylands] 24/7/2016 15:41

The consolidation im the industry continues apace. Small is most certainly not viewed as being a good thing to be in the gaming industry.

[tines] 24/7/2016 11:49

This was posted on 32red thread

hxxp://www.thetimes.co.uk/article/grosvenor-casinos-owner-rank-gambles-on-888-merger-9wp2rtmfs

[oohrogerpalmer] 21/7/2016 17:27

Must admit to that, for horse racing it is the most user unfriendly site.
Won't complain if the share price keeps rising though!.

[bargainbob] 21/7/2016 17:03

888 is the worst gaming site ever.

[oohrogerpalmer] 21/7/2016 16:59

Can't think why 888 would want Wm H but there's a lot of reasons why Wm H would need 888.

[tines] 21/7/2016 11:49

True but isn't Betfred doing well and they have shops? they could also sell some of them(shops) William Hill is still also a well known brand.

[frankiethecabbie] 21/7/2016 11:24

Why would they want all those shops ? 888 see the future as mobile gaming

[tines] 21/7/2016 11:06

Could 888 do a GVC and take over the big boy William Hill? Anyone think that is possible?