888 Share Discussion Threads

[shaker44] 17/5/2018 09:47

But what you may miss out on is a takeover which some seem to feel is more likely now.
I would sell if I had better ideas what to buy with the proceeds!

[peaeff] 17/5/2018 09:30

TEB

Firstly my post 12517 reads "a couple of months" and I said that because I can't see anything, at present, to cause the share price to escalate further, immediately. The news in itself was the driver because we've been waiting a long time for the USA to open up.

However there will no doubt be some form of delay whilst things get under way and further time before any benefit hits anyone's bottom line. Therefore I have taken the view that there COULD be a fall back in share price If I'm wrong, my loss but I'm certainly not joking.

Regards

PS Had I been awake earlier I could have returned at 287p. I wouldn't have argues about 2p. Missed opportunity.

[loganair] 17/5/2018 08:24

SBC - In order to cover any negative impact on the public finances, and to protect funding for vital public services, this change will be linked to an increase in Remote Gaming Duty, paid by online gaming operators, at the relevant Budget.

[finkie] 17/5/2018 08:11

Obviously the fobt decision has knocked all gaming shares but I can’t see why 888 is suffering, they don’t have any! A buying opportunity as it’s back down below 300p but America is opening up so overall prospects better...

[trentendboy] 16/5/2018 18:40

Quiet for a few months?It is rising because as you can see from paddy power consolidation will really kick on ahead of US opening.888 always in play but now will really speed up.Quiet? Must be joking

[peaeff] 15/5/2018 08:38

Took a very nice profit first thing as IMO this could now go quiet for a couple of months. I was kicking myself for not selling the last time it topped £3 so I wasn't going to miss this opportunity. I shall be looking to re-enter around 285p should it go that low.

GLA

[coxsmn] 14/5/2018 20:38

New Jersey, which brought the case before the Supreme Court last July, is expected to be the first state top take advantage of the ruling.

Bookies William Hill, GVC Holdings and online gaming companies Playtech and Sportech will be the main beneficiaries, said analysts at Whitman Howard.

However, Paddy Power Betfair and Sportech shares were up 10% on Monday, compared to 9% for Hills and 5% for GVC, and 2% for Playtech.

"The US Supreme Court struck down the federal law that bars gambling on individual sporting events in most of the country in a ruling likely to unleash a race among the states to attract billions of dollars in legal wagers."

The analysts added: "Sports gambling could begin in a matter of weeks in casinos and racetracks in New Jersey, which instigated the legal fight by repealing its gambling prohibition."

[trentendboy] 14/5/2018 19:46

888 sportsbook growing rapidly , check last results

[coxsmn] 14/5/2018 19:14

888 is mainly casino and poker with some sportsbetting via a provider but no IP. Excellent rise thou.

[oohrogerpalmer] 14/5/2018 15:53

Looks like the USA have taken a large step towards opening up .
Happy days.

[garycook] 12/5/2018 11:18

Looking for £3 plus again on 888,hopefully a take over.

[shayadfn] 12/5/2018 11:09

I got my divi on time from Interactive (previously TD Direct)

[garycook] 11/5/2018 15:37

Just been credited mine by HL.

[rhcm] 11/5/2018 15:21

Dividend pay day today although i haven't received mine as yet via Hargreaves L.
Edit - credited to my previous broker -ii

[coxsmn] 11/5/2018 11:22

Ps i would buy here at the right price, which i consider a bit further south from where we are at the moment.

[coxsmn] 11/5/2018 11:15

Trent, problem is 888 has yet to demonstrate their ability to be part of the industry consolidation having had a number of failed attempts to date. As we know economy of scale is everything along with geographical diversity. Profits could get squeezed further here.

[peaeff] 07/5/2018 11:02

All the time there are issues, such as the problem in Germany, I can't see much happening. Should that be resolved successfully it would provide an excellent tonic for the share price If not, then at least on completion, the matter will be resolved and we have already taken the hit when the news broke. Plain sailing could then follow for prospective predators. However these matters could drag on where courts are involved

regards.

[trentendboy] 05/5/2018 12:38

True. Recent weakness is strange as the appetite for consolidation is unfinished888 still too grey I guess

[coxsmn] 05/5/2018 11:33

and getting less expensive.

[trentendboy] 21/4/2018 21:46

888 a lot cheaper

[mozartprodigy] 21/4/2018 18:53

4.7 billion dollars for it. Its on bloomberg. They say it will save a meagre $70 million in cost synergies.

[oohrogerpalmer] 21/4/2018 15:04

Heard poker stars have bought sky bet!!!
Can't see anything official.

[coxsmn] 27/3/2018 18:16

IC tipped it as a hold

[shaker44] 26/3/2018 22:47

Tipped by Investors chronicle a couple of days ago