Gvc Share Discussion Threads

[srpactive] 20/3/2018 13:19

L

Thank you, game on soon hopefully, dyor.

[loganair] 20/3/2018 13:07

The American Gaming Association (AGA) estimates that Americans will wager more than $10 billion on the upcoming 2018 NCAA men’s basketball tournament of which only around $300mln or 3% will be wagered legally.

Shows you how big the American market is when $10bln is wagered just on one tournament.

“Our current sports betting laws are so out of touch with reality that we’re turning tens of millions of Americans into criminals for the simple act of enjoying college basketball,” said Geoff Freeman, president and CEO of the American Gaming Association. “The failed federal ban on sports betting has created an illegal, unregulated sports betting market that offers zero consumer protections and generates zero revenue for state and tribal governments.

“As the Supreme Court considers the constitutionality of PASPA, AGA is focused on working with all stakeholders to put the illegal market out of business and enable a safe, legal way for American consumers to participate in sports betting.”

The U.S. Supreme Court will make a decision on New Jersey’s challenge to PASPA’s overreach in the coming months, potentially enabling an expansion of legalized sports betting. Meanwhile, 48 pieces of sports betting legislation are active in 18 states, as legislatures across the country prepare to take advantage of this opportunity.

[srpactive] 20/3/2018 12:51

Thank you, maybe my £10bn target will be heading
our way before long, dyor.

[loganair] 20/3/2018 12:48

srp - 15 March 2018....American Gaming Association Adds Six New Members:

GVC Holdings PLC
Paddy Power Betfair
Choctaw Casinos and Resorts
Golden Entertainment
The Stars Group
BMM Testlabs - private independent gaming testing laboratory

[loganair] 20/3/2018 12:42

As America prepares for legal, regulated sports betting, individual states are introducing and enacting legislation that would enable sports betting.

12 March 2018 - Louisiana calls for a statewide referendum to allow sports wagering.

[srpactive] 20/3/2018 12:28

K

Really, do you have a link or anything?

tia

active

[kop202] 20/3/2018 12:14

Read a news item a couple of days ago saying that both GVC and Paddy Power/ Betfair have been given seats on the American Gaming Association

[srpactive] 20/3/2018 11:56

K

Maybe because gvc are at the ready to break the US
when it all opens and I feel it will before Mr Trump
leaves office, dyor.

Also we have all the parts, being prty, bwin, gvc, sbt
and now lads, and they are valuing the combined entity
at £5bn. Remember back in 2007 when prty had the
US market in its hand it was valued at £5bn alone, so
when the US opens again if it does, we could value
prty at potentially £5bn and we could have bwin, gvc,
sbt and lads in for free, interesting I thought.

My two year target is £10bn.

dyor

Ignore all I say and do.

active

[nurdin] 20/3/2018 11:52

Dont think Tempus understands or knows the sector.Just a journalist comment to fill space imo

[norry2] 20/3/2018 11:46

Positive article today on the Motley Fool website. Not a lot of detail.

[loganair] 20/3/2018 10:27

mylands - Some times when one share goes down, others in the same sector also fall in sympathy. Often share prices rise and fall because of Sentiment only.

[hillbrown] 20/3/2018 09:40

Just bought 5 @ 9.26

[nurdin] 20/3/2018 09:39

yes I agree Brownie, if it is being read across.This drop is nevertheless puzzling.Glad I took the opportunity to add however.

[hillbrown] 20/3/2018 09:38

Regretfully and wrongly.Chalk n CheeseBuying opportunity.

[mylands] 20/3/2018 09:36

B69

Shorters at work?

[festario] 20/3/2018 09:36

888 is still a good yield.

[brownie69] 20/3/2018 09:36

Could be Nurdin. But its a wrong read IMHO.

The news re FOBT's has to be as good as GVC holders could have hoped for so I'm at a loss!

[nurdin] 20/3/2018 09:29

Being read across to GVC?

[mylands] 20/3/2018 09:26

Loganair

888 are down because of their final results out today.

Final paragraph from their statement showing their div is falling by 20%:

Reflecting the strong performance of the Group but in light of regulatory developments and mindful of the importance of retaining adequate cash to fund potential investment activities, the Board of Directors is recommending a final dividend of 5.9c per share in accordance with 888's dividend policy, plus an additional one-off 5.6c per share, bringing the total for the year to 15.5c per share (2016: 19.4c per share)

[loganair] 20/3/2018 09:04

888 is also down about a similar percentage amount.

[mylands] 20/3/2018 09:04

speedsgh

Doesn't explain why Hills who were up 15p yesterday are only down 4p and GVC were up 6p yesterday and are down 37p today.

[nurdin] 20/3/2018 09:02

Added 2k earlier

[mylands] 20/3/2018 08:58

Million shares traded in the first hour.

[speedsgh] 20/3/2018 08:54

Article on the sector in today's Tempus column in The Times. Doesn't specifically mention GVC but focuses on LCL, WMH & PPB...

Hedging bets on the fixed-odds limit -

... ADVICE: Avoid
WHY: Too many regulatory uncertainties cloud the immediate future for betting companies

[tyroneshares] 20/3/2018 08:41

Ha logonair. I'm so relieved that share dealing isn't gambling. I've been telling my wife that for years. Lol.