Entain Share Discussion Threads

[brownie69] 07/3/2022 13:51

Hi to long time holders here from the early GVC days.

I reduced after Kenny Alexander left, and again when I saw the difficulty created by the MGM JV and their veto rights which they used when DK came calling.

This seems to be back in "Buy" territory based on the sector and wider market sell offs. But MGM still have to be the elephant in the room?

I note from some recent posts that some holders seem to still think that this will be taken out. Thus has anything happened to reduce the MGM hold over the business? If not I guess its a case of either waiting for them to come back, or maybe spinning out the JV into a separate listed vehicle. Recent sector events suggest that such a move might not add the value that it once would have.

GL to all longs but especially the long termers.


Off Topic but in case anyo0ne interested. My tip for the top these days is GMR. Growth gaming stock on 7 x
EBITDA and strong balance sheet. The key is that their games have 3.5% of NJ and that will roll out as more states regulate iGaming. Apols!

[the white house] 07/3/2022 13:21

Flutter chairman has called a bottom, 200 bags worth

[cheshiremoggie] 07/3/2022 10:59

Thanks Badger - articles, however flawed, always appreciated.CM

[the white house] 07/3/2022 08:14

No interest at all, has the wrong share price 4 times, so clearly a clueless article

[50plus] 07/3/2022 08:00

Could be by one get one free for mgm after today.

[badger8888] 06/3/2022 19:06

Article on Flutter from Irish Independent, may be of interest. https://m.independent.ie/business/going-is-heavy-for-flutter-shares-as-it-struggles-to-raise-its-us-game-41413626.html

[stamford hill] 06/3/2022 10:07

hxxps://www.actionnetwork.com/legal-online-sports-betting/new-york-lawmakers-file-bill-to-cut-online-sports-betting-tax-add-more-sportsbooks

[coxsmn] 06/3/2022 08:24

Twitter followers 2nd Jan to 6th Mar 2022 :Draftkings Sport 121.6k, 138.1k (+13.6%) Fanduel Sport 161k, 188.4k (+17.0%) BetMGM Sport 165k, 209.8k (+27.2%) Total for Sport + Casino (6th Mar) :Draftkings 138.1k + 9.02k = 147.1kFanduel 188.4k + 2.16k = 190.6kBetMGM 209.8k + 41.0k = 250.8k

[mip55] 06/3/2022 07:55

The New York legislature sits between 5 Jan and 2 June this year, there are 31 more sessions left in this legislative session. Bills introduced this year will be considered in the next years business.The bill in question A8658 was introduced by Gary Pretlow last month as one which would prohibit the sports betting licensees from seeking a change in the tax rate. He amended it to bring in the more radical proposal of forcing the congress to introduce more operators and therefore reduce the tax rate. This was always the original Pretlow - Addabbo plan but was scuppered by ex Governor Cuomo.However, now that legislation is in place with 9 operators contracted into paying 50% tax for ten years and seeing the massive tax inflow pouring into the States coffers ask yourself two questions - what incentive will legislators have in voting through a reduction in tax rate which would potentially reduce their income And- Since New York is becoming an established market which six additional companies are going to pay a licence fee, enter the market two years behind their competitors and attempt to wrest customers away from FanDuel, BetMGM, DraftKings and Caesars .If this bill were to pass it would be great news but being realistic I think New York have other priorities

[speedsgh] 05/3/2022 19:41

As predicted...Entain defends keeping furlough cash - https://www.thetimes.co.uk/article/entain-defends-keeping-furlough-cash-3md9pvhx5

[stamford hill] 05/3/2022 17:11

Any idea how long it takes for these bills to get voted on and then implemented (if successful) after being filed..

[coxsmn] 05/3/2022 10:54

BetMGM Illinois has gone live.

[srpactive] 04/3/2022 21:53

c

Yes agree with SH, thank you.

[stamford hill] 04/3/2022 20:17

Thanks coxsmn. Great news and much needed..

[coxsmn] 04/3/2022 19:57

https://www.actionnetwork.com/legal-online-sports-betting/new-york-lawmakers-file-bill-to-cut-online-sports-betting-tax-add-more-sportsbooks

[coxsmn] 04/3/2022 19:01

Deutsche Bank GBX 2,354 target price

[srpactive] 04/3/2022 15:28

Yes just basing it on an article posted here months ago that
mgm wanted to buy ent for around £11bn.

dyor

[cheshiremoggie] 04/3/2022 15:01

HM, absolutely.

We have just seen that the company is well run and executing on its plan. For me this is a lower risk investment so I have topped up under 1500p.


Of course, we are apparently going to be taken out at 2000p so its an easy 33% profit. A no brainer surely in that case?

CM.

[srpactive] 04/3/2022 14:16

If I do not hurry I might be beaten by
Shay could he be interested in getting his
old job back?

dyor

[srpactive] 04/3/2022 13:37

Getting ready to buy a few more, sick to death of this nonsense.

dyor

[srpactive] 04/3/2022 13:00

Yes h have been doing on the Russian evr and synairgen situations.

Remember that time well.

dyor

[hmonk] 04/3/2022 12:53

I agree Cheshire, it’s the same situation as when the share price was below £5 at the start of the pandemic, the markets are in risk-off mode so aren’t trading on fundamentals. It’s a buying opportunity

[srpactive] 04/3/2022 12:09

CM

Are you going to save us, are you Robins or Hornbuckle?

[srpactive] 04/3/2022 12:03

Yes mgm, London and the US.

Only been saying it for months.

Get the bid in mgm, or because dfk is worth so much,
they could even return lol.

dyor

[gbh2] 04/3/2022 11:57

Does this current share price make sense to anyone?