Gvc Share Discussion Threads

[loganair] 18/6/2018 23:20

New York - It has been just a few short weeks since the US Supreme Court overturned the federal law that had prohibited states from legalizing sports betting. And states like Delaware, New Jersey, Mississippi and West Virginia have already moved toward legalization.

New York shouldn’t get left behind.

On Monday, New Jersey Gov. Phil Murphy signed into law sweeping new legislation that would permit the Garden State’s racetracks and casinos to operate sports books — both in a land-based setting and eventually online. New laws in other states, including Pennsylvania, will go into effect over the summer.

The state could generate as much as $1.2 billion in sports-betting revenues annually.

To create a successful statewide betting market, the product needs to be readily accessible — with full mobile and online access — and it must ensure transparency and protect consumers’ privacy.

In New York, the first step is to take the current law passed in 2013, which authorized in-person sports betting at the four Upstate casinos, and update it to reflect the reality of today’s heavy Internet usage. The 2013 law may have been forward-looking at the time, but it’s now outdated since it doesn’t authorize online betting — as do new laws in New Jersey and Pennsylvania — and contains essentially no anticorruption protections.

[loganair] 18/6/2018 23:12

Indiana - In just a matter of weeks, lawmakers will gather at the Statehouse to talk about sports betting, but the gaming option remains a year or more away for Indiana.

This Indiana gathering will come after the U.S. Supreme Court struck down a federal law that bars gambling on football, basketball, baseball and other sports in most states, giving states the go-ahead to legalize betting on sports. Indiana lawmakers decided to study it this summer.

Republican State Rep. Alan Morrison from Brazil, Indiana, said he has championed legal sports betting in Indiana for years. He has tried several bills in years past. "Ultimately, I think it's a great thing for our gaming industry and, at the end of the day, it's a win for states' rights."

He said, "If we implement it correctly and do some things we need to, I imagine it will mean multiple tens of millions of dollars back to the state every year."

Morrison said if progress is made as he would like, we could see sports betting in Indiana by summer 2019.

[loganair] 18/6/2018 23:05

The Louisiana Legislature and Gov. John Bel Edwards approved seven new gambling laws.

Some changes were historic, including a new ballot initiative that could expand legal gambling to mobile devices and a new law that could see riverboat casinos move on land.

But lawmakers weren't willing to go as far as the gambling industry was pushing. They shot down a measure that may have paved the way to legal sports betting in Louisiana. They also declined to approve the expansion of Harrah's Casino in New Orleans, despite a major push from the owners.

[srpactive] 18/6/2018 16:26

I was only thinking the same myself, could
not really give two hoots re England.

[mylands] 18/6/2018 16:09

Surprised no postings that GVC is now listed in the FTSE100. Maybe too much interest in England’s first World Cup match against Tunisia.

[jeff h] 17/6/2018 21:24

Brazil drawing...another bookie Brucie Bonus.

[coxsmn] 17/6/2018 18:46

I've placed some bets with GVC Coral today. England to win and Russia to win. I would most likely be better off spending the money on gvc shares but it is all a bit of fun!

[loganair] 17/6/2018 18:11

And to a lesser extent Iceland drawing against Argentina as I understand Argentina are one of the favourites to win the World Cup.

[festario] 17/6/2018 17:58

Germany, the current World Champions, losing their opening match today is a huge bonus to the bookies!

[t 34] 17/6/2018 17:01

The price will recover , quite quickly .

[trentendboy] 17/6/2018 11:45

Italy news weighing heavily

[nurdin] 15/6/2018 21:42

Was hoping that the start of the world cup would give the share price a decent boost.In fact it seems to have done exactly the opposite!

[shayadfn] 15/6/2018 20:10

Surely the divident annoucement normally comes out after the 2nd qtr update, which is some time in July

[festario] 15/6/2018 13:34

I couldn't see XLM falling at all, I expect to see 40% rise at least there.It's underpinned by the cash flow and the generous dividend policy. I LOVE charts like that one, after a fall.

[srpactive] 15/6/2018 13:22

F

Yes the dividend is still very eye watering on my
first set of purchases, but agree as all stocks when
they become large they have to have a more realistic
dividend which I suppose they have now.
On the ftse100 Monday which is quite an achievement
really.

Your xlm purchases yesterday were very good indeed,
well done. I thought they were going to continue the fall
which I have been proven wrong, but there you are.

Good luck with your investing, you come across very good.

active

[festario] 15/6/2018 13:17

No mate, fully committed in VRS, GWMO and TERN.I'd come back in at some stage, but the yield would have to be more attractive.Don't get me wrong, I love GVC, they funded everything I hold now. (and all the disasters along the way too)

[srpactive] 15/6/2018 13:11

F

Do you still hold here?

[festario] 15/6/2018 13:05

I think the lack of a dividend with the last trading update has left the share price vulnerable at the moment.

[srpactive] 14/6/2018 13:31

lol, I meant US linked with the US opening to
sports betting.

The first NJ bet will be placed today at 10.30 US time for $50
on France.

Interesting times.

dyor

[uncle andy] 14/6/2018 12:25

errrrr, perhaps in 2026

[srpactive] 14/6/2018 10:22

World Cup 2026: Canada, US & Mexico joint bid wins right to host tournament

Surely this is good for gvc?

[noujay] 13/6/2018 18:25

Thanks Logan lots going on as the groundwork gets laid

[loganair] 13/6/2018 17:05

Michigan House Approves Online Gambling Bill:

Lawmakers voted 68-40 Tuesday night for two main bills to create a Lawful Internet Gaming Act that would regulate online versions of licensed casino games. There would be an 8% tax associated with the online gambling.

If the bills pass the Senate and then the governor’s desk, Michigan would join a wave of states currently exploring the online gambling industry as a source of revenue.

The Senate is not expected to consider the legislation until after it returns from the 10 week summer break.

The internet gambling bill is the first step toward also legalizing betting on professional sports in Michigan, said state Rep. Brandt Iden.

“When we come back in the fall, this is going to be at the top of the agenda,” Iden said. “Michigan should be at the forefront of that.”

“The Michigan gaming commission is looking for the Legislature to take the initial step and we have to set up the tax rate for sports betting,” he said. “And we took the first step toward that today.”

[jeff h] 13/6/2018 08:26

Who Stole the Cup? - Bwin ad etc for the WC as part of the "Maradonas Millions" marketing campaign:-