Gvc Share Discussion Threads

[srpactive] 27/8/2020 13:32

c

It does seem we are moving in the right direction.

[coxsmn] 27/8/2020 12:54

Hear The Roar: BetMGM Brand Continues Rapid Growth In NJ Online Gamblinghttps://www.playnj.com/news/betmgm-growth-online-gambling/49870/

[srpactive] 27/8/2020 12:13

S

It does appear countries are realising the tax take from
online gambling being something that can support balance
sheets of states etc.

[speedsgh] 27/8/2020 10:08

GVC looks to garner state support for German transition plan -

GVC Holdings submitted a plan to German state lawmakers in which the terms of the country’s new regulatory framework for gambling would be phased in, rather than implemented in full on a set date...

[srpactive] 27/8/2020 07:22

c

Excellent contribution again, I do feel there is going to be
more sector consolidation within the large players.

dyor

active

[italianofacilejan] 26/8/2020 19:40

What makes sense for William Hill is one thing...what makes sense for DK is another..

[base7] 26/8/2020 18:50

Had Kenny still been at the helm he would have been tempted to buy WMH for the US market share alone & dispose of most of the rest.The World is rapidly moving online ,which happens to be where we make most of our profits & the US is set to explode ,resulting in improving ratings for companies like us & WMH & I am sure that both retail estates will be shrinking in future

[trentendboy] 26/8/2020 18:48

Agree Caesar's is the way forward for hills once they realise how well Hills are embedded with good global brand recognition

[wilco69] 26/8/2020 17:49

Hills is more likely to be bought by Caesars rather than Draftking as that’s their US partner. Makes no sense for Draftking to buy them.

[italianofacilejan] 26/8/2020 17:27

If Hills falls to Draftkings it should set the sector on fire and lead others to do similar..IMO I cannot see why MGM are going to allow ROAR to take 20% of the US market and only get a half share, doesn't make commercial sense..but to take ROAR 100% in the next 8 years they are going to have to buy 100% of GVC...I certainly can see it happening..the question is at what price..

[srpactive] 26/8/2020 14:57

teb

You will probably find the big boys and girls have got their
positions in the UK and US companies that will benefit from the
US sport online industry opening up. Now release the spring.

£12 is my short term target.

dyor

active

[trentendboy] 26/8/2020 09:38

Hills also flying - there is something sector specific breaking.
Perhaps NFL false positives

Sector will take of in UK also

[mylands] 26/8/2020 09:11

Holding 800p which, IMO, is an important step up on the way back to previous recent highs and then maybe up to 1000p and above. Time will tell.

[srpactive] 26/8/2020 08:36

Another good post from you C, thank you.

It seems the stage and platform for the US to
become very big in the online sports gambling
is being set.

We were big in the day with partygaming, hopefully
we can do it again with roar.

dyor

active

[coxsmn] 26/8/2020 07:10

https://cheddar.com/media/betmgm-sportsbook-at-mgm-grand-has-sights-set-on-busy-fall-sports-schedule

[the white house] 25/8/2020 20:49

Good posts, that is why a PR guru is needed to stop idiots getting confused and spinning this stuff as fact

[coxsmn] 25/8/2020 19:58

Berenberg Bank have set a target price of 1100 GBX on its stock

JP Morgan has a price target of 1220 GBX.

[trentendboy] 25/8/2020 19:02

Good posts - agreed

[wilco69] 25/8/2020 17:26

It doesn’t beggar belief at all if you understand what was behind it - The adverse FX movement of the GBP132 million that you see here that's entirely due to movement in the euro-to-sterling exchange rates and its impact on the translation of our euro-denominated debt. So it's non-cash remember our operational cash flows serve as a hedge. And we have a translation hedge as well through the carrying values of our overseas businesses, which gained GBP170 million in the half but that FX gain gets booked to equity rather than the income statements.

[italianofacilejan] 25/8/2020 14:16

The forex loss is the same for all companies with US or Euro denominated debt..6.5% devaluation of £..the plus side of carrying value of the businesses in non £ denominated , ie Australian $, German euro, were +£175m. Accounting standards don't allow the positive effect or indeed any of the £175m to be reflected in PL..goes to equity..but the forex loss is quite rightly glossed over..,

[the white house] 25/8/2020 12:20

Indeed, that 132m loss on forex was nicely swept under the carpet...beggars belief

[srpactive] 25/8/2020 12:13

The US is going to be very big indeed, although I do feel
Mr Diller and co will take gvc out.

dyor

active

teb

Excellent post by the way

[wilco69] 25/8/2020 11:41

VSiN and BetMGM Partner to Launch New Betting Across America Show

Daily Broadcast Takes Fans into BetMGM Sportsbooks across U.S. for Exclusive View of Dynamic Sports Wagering

PR Newswire

LAS VEGAS, Aug. 25, 2020

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