Entain Share Discussion Threads

[coxsmn] 02/7/2022 11:16

01-Jul-22 JP Morgan Cazenove Overweight 2,200.00 2,200.00 Reiteration

[srpactive] 01/7/2022 15:21

Yes I have been buying at a little higher than here recently. A bid I feel will be on its way at 2000p. dyor

[pura vida] 01/7/2022 11:36

Sorry coxsmn, great minds think alike

[pura vida] 01/7/2022 11:35

7th of July is the trading update... i put a big share of my portfolio into this (well 15%) but I'm too heavy in oil and byd (best ev company imo) so might sell some of that to take a short term bet... Entain at this price is too tempting

[coxsmn] 01/7/2022 11:32

Could be time for some bottom fishing soonQ2 trading update Thurs 7th July

[italianofacile] 01/7/2022 09:26

Going to be interesting if this drops another quid.. Below 8 times Ebitda.. surely stands a good chance of a decent return in the medium term

[coxsmn] 30/6/2022 20:53

https://www.gambling.com/us/news/betmgm-launches-new-casino-game-options-in-west-virginia-3449600

[radbrooks] 30/6/2022 10:21

Keep your fingers crossed!!!

[coxsmn] 30/6/2022 10:01

Safety is extremely important, if operators fail to protect against problem gamblers then under the new white paper they could receive hefty fines and risk having their license suspended along with bad press and tarnished reputation. Secondly, the entire market is being hit at the moment regardless whether or not a company pays a dividend. Entain is in a period of exceptional growth and hence cash is being prioritised for M&A at the moment rather than dividends. This will result in higher future profits and dividends. Fund raising by issuing shares would be dilutive to earnings and especially so when the share price is low. Our bod is doing a tremendous job excuting their plan for Entain to become the World no1.

[radbrooks] 30/6/2022 09:06

We seem to be spending a huge amount of time and no doubt money on delivering safety to the vulnerable which I am sure is being totally ignored by the political group engaged in the forever delayed Gambling Bill. I believe that the previous Chief Executive, who had strict rules with regard to a percentage distribution, would have already reinstated a dividend ....which would send the share price in a Northerly direction. A strong dividend would be very acceptable and if acquisitions needed additional funding, shareholders would support a cash raise.

[srpactive] 30/6/2022 08:05

This is getting silly now.

[coxsmn] 29/6/2022 22:26

https://www.covers.com/industry/california-online-sports-betting-ballot-measure-eligible-june-2022

[srpactive] 29/6/2022 18:11

p I am happy to be bought by the US, that seems okay to me. C Yes controlled as I said. dyor

[coxsmn] 29/6/2022 15:24

Crazy moronic fall.Now valued at 7bnWe paid over 5bn for bwin.Party and Ladbrokes alone.

[coxsmn] 29/6/2022 13:09

https://www.proactiveinvestors.co.uk/companies/news/986169/uk-government-gambling-white-paper-may-not-be-as-bad-as-feared-says-shorecap-986169.html

[coxsmn] 29/6/2022 11:40

The BOE too slow in raising interest rates to ward of ever increasing inflation projections. The government too slow protecting the sale of major businesses supporting the UK economy. US is having a field day.

[pura vida] 29/6/2022 08:33

Srp, I don't hear you complain when entain buys out a foreign company... seems hypocritical

[srpactive] 29/6/2022 08:22

Maybe now a bidder will come forward knowing the UK will accept. dyor

[srpactive] 29/6/2022 08:19

c We are controlled by the US anyway so we might as well sell everything to them and make some money. Like here you can see we are controlled, hence being back to the figure mgm offered. Time to realise the ftse is finished, but then again it has been for twenty two years. dyor

[coxsmn] 29/6/2022 07:15

The £6.3bn US takeover of British defence company Meggitt is poised to go through after the Government said it was likely to accept national security concessions.Selling a National defence company to the USA then what won't we sell.Crazy.

[srpactive] 29/6/2022 07:01

I bet we follow the ftse today. dyor

[hmonk] 28/6/2022 21:34

From The Times Boris Johnson is poised to announce curbs on online gambling in an effort to stem the “catastrophic” impact of addiction on people’s lives. Ministers will publish a review of the 17-year-old gambling legislation amid concerns that it has been rendered outdated by the explosion in popularity of online betting. The curbs will include maximum stakes of between £2 and £5 for online casinos, a ban on free bets and VIP packages for those who incur heavy losses, and “non-intrusive” affordability checks. Companies will also be required to remove features from online games that increase the level of risk for customers, such as quick games in which customers can lose money faster. The Gambling Commission, which regulates the industry, will be given new powers and additional funding from an increase in fees paid by the industry. A new ombudsman will be set up to bolster people’s rights if gambling companies fail to be socially responsible. While imposing tougher restrictions online, the government will relax regulations for bricks-and-mortar casinos, allowing them to install a maximum of 80 gaming machines rather than the present 20. Casinos will also be able to extend credit to wealthy foreigners. This forms part of an attempt to “level the playing field” with online casinos. However, ministers have dropped plans to ban gambling companies from sponsoring Premier League football shirts after a backlash from the industry. Nearly half of the clubs in last season’s competition, including West Ham and Newcastle, were sponsored by gambling companies, which has led to criticism from MPs and campaigners. The government is hoping to reach a voluntary agreement with the clubs while keeping the option of legislation in reserve. Plans for a mandatory levy on the gambling industry to fund research and treatment of addiction, based on the “polluter pays” principle, have also been rejected. At present online stakes are not limited. The government will announce minimum stakes to create “parity” with the limits introduced on addictive gambling machines called fixed-odds betting terminals. Betting companies will be required to carry out financial checks on people if there is a risk that they are making unsustainable losses. They will also be barred from targeting customers who lose significant amounts of money with free bets or bonuses.

[srpactive] 28/6/2022 18:20

Yes up after lunch then 2.30pm collapse, come on MW just get your friends to bid for the company and end this carry on, please.

[the white house] 28/6/2022 11:12

The bookies are smarter than those making the rules do not fear. No free bets on opening will turn into money back if loses after open etc The Gambling Commission and MPs punched the air after a year getting the roulette machines down from 100 to 2 pounds a spin. Quite remarkable that not a single one of them knew that you could press repeat 13X in a minute. I did I timed someone. So that is 26 pounds a minute or 1500 per hour. (As an aside he won 500 in a Coral shop) A real victory to stop addiction then and an illustration of the poor quality of the staff (moving the unit to Brum from London was a shocker as all decent staff will have left) that have delayed for the 4th time as they simply do not know what they are doing

[the white house] 28/6/2022 10:46

Up this afternoon do not fretOvernight California has added an online option to the November ballot after 1m votes received. Players will need 100m and 10 licences already established so only a FanDuel of okayed will be first movers inc BetMGM FanDuel CaesarsGiven NFL kicking off in a couple of months (with NY involved gif the first time) World Cup in Nov also not only will stats be huge from Sept to March but the prospects for 40m + from the Golden State will draw huge attention to the field