Interactive Gaming Share Discussion Threads

[senator] 10/9/2007 19:41

Premierbet agreed but not for Heathorns.

[snake_pleskin] 10/9/2007 18:26

It says on the left not accepting bets at present..So nothing is happening there.

[senator] 10/9/2007 18:20

Yeah but both sites have been operating all weekend. Not sure how much business they have done but it has to be said that it must be a very busy period for bookies with Euro 2008, the Rugby World Cup and the World Cup for 20/20 Cricket.

There must be something due if they still taking wagers and have been all weekend.

I was just looking at the "About Us" tab on Heathorns and Premierbet. Heathorns registered offices are in Malta while Premierbet is London- they still have not had approval to move Premierbet to Malta - duel premises, duel costs.

You cannot place a bet on the Euro 2008/Rugby Union World Cup on either site yet you can place a bet on snooker in May 2008....what use it that!!

[snake_pleskin] 10/9/2007 17:35

4 business days left then its curtains..Officialy.

[woofy4] 07/9/2007 12:29

sorry Multi I am probably being very obtuse .... to what are you reffering old chap ?

Edit .. apologies ... that will teach me for not having fully expanded the page ... didnt see the ... we are not accepting bets at present !

[multisync 5] 07/9/2007 12:08

The website says otherwise.

[woofy4] 07/9/2007 10:52

The plot thickens !
FYI

According to bookmakers review premierbet are now up and runnung and taking on new accounts and deposits .... cash probably going in their back pockets prior to them fleeing to Mexico !

[jailbird] 06/9/2007 08:22

as this stock is suspended and their betting sites are down..there is
no revenues coming in either..on top of that there seems to be people to pay back.

This will be broken up..whoever bails them out, will take drastic actions.

[stewart_25] 05/9/2007 21:31

busted - you not happy? this will get there - management funds are not stupid - why would they stick millions in to get nothing out?

[bustedflush1] 05/9/2007 08:33

The shares should return at sub 1p.

Then you should get the hell out.

[snake_pleskin] 04/9/2007 23:18

Bustedflush...salvage from where, the stock is suspended remember..

[oneillshaun] 03/9/2007 09:12

same as last week.

[woofy4] 03/9/2007 09:09

hmmm .... well that didnt last long .... they tested it at the start of last week as well ... ita a bit like watching your least favourite Aunt on a life support machine ... you want to turn it off but every now and again there's the odd flicker !

[snake_pleskin] 03/9/2007 08:46

Its not your imagination Woofy, the website is up and running..Possible RNS later:)

[woofy4] 03/9/2007 07:15

Is it my imagination or is the website back up and running ?

[woofy4] 02/9/2007 03:04

Another reason why IGH needed so much dosh before it died a death .. R.I.P !

[woofy4] 31/8/2007 08:21

Did sound just like paper-talk though believe the last part re an offer for Heathorns may have had a ring of truth to it .... not that we would see a penny .... one way or another only have untill mid-September until a permanent de-list if no new nomad has been appointed

[senator] 31/8/2007 07:14

several days now and no news. Sites still down. I have to say that I am struggling to see any future for IGH. This is desperate. I think that it is a lost cause.

[snake_pleskin] 27/8/2007 20:29

Lets hope we get an RNS in the morning, with steady forward thinking, well planned managment IGH can be turned around. Of course they will have lost customers in the last few months that will probably not return. But things can and do shift.At least IGH have a second chance to redeem themselves, lets hope they do not fu,k up.

[woofy4] 27/8/2007 19:21

Well if its all true and GVCF do grant funding ... I wonder if the last paragraph in the below link is what may have swayed their opinion ?

[multisync 5] 27/8/2007 13:50

Woofy, LOL re: last line.

Besides, you don't know how it will be structured, what the new board/management will be, and or how many shares will be issued and or when.

IGH has the platform & scale to deliver cash inflow of £2m a year.

Never say never.

[woofy4] 27/8/2007 12:43

Express Article below ... apologies if already posted

Bookmaker Interactive lives to lay another bet
By
Geoff Ho
BOOKMAKER Interactive Gaming Holdings will avoid collapse because it will be bailed out by venture finance outfit General Capital, the Financial Sunday Express has learnt.


Earlier this month, Interactive thought it had secured a £400,000 loan from General Capital to cover its dayto-day operations. The loan apparently failed to materialise, due to General Capital's last-minute doubts about the firm's viability.


However, General Capital has reconsidered its position after tense negotiations with Interactive. It is understood that it is now prepared to provide the bookmaker with about £2million to help it avoid collapse.


Loss-making Interactive - which owns Heathorns, claimed to be the world's oldest bookmaker, and Premierbet - has endured a torrid two weeks. Its adviser Arbuthnot Securities resigned and its shares were suspended from trading on London's Alternative Investment Market. Punters have been unable to access their accounts with the bookmaker.


Although Interactive may have avoided collapse, industry figures believe its demise is only a matter of time.


They point out that furious Heathorns clients have been unable to use their accounts for more than two weeks and that they are unlikely ever to return. Interactive was unavailable for comment.

The last line I do not find suprising in the slightest

[woofy4] 27/8/2007 12:21

Multi bear with me on this ... everything I have posted about this share has so far been proven wrong .... I never believed they would get any form of funding at the start .. and they did ... I never believed they would rise from the dead ... and it looks like they might ... on those grounds if I believe in a market cap of 2m (sp of .75p) expect 10p per share within 6 months ! Though I think .75p per share far more likely !

[scotches] 27/8/2007 11:07

I don't know of any bookie who has come back from similar problems and continue to trade under the same name.

For example Firststake.com got into difficulties and was taken over by Sportingbet.com who honoured all the outstanding liabilities. Firststake website and name disappeared.

However that was at a time when bookies were interested in acquiring a client base. Nowadays what would be the point of acquiring the Premierbet/Heathorns client list. If you are already an established operator the vast majority of Premierbet/Heathorns customers will already appear in your own client list.

I certainly cant see me depositing again with Premierbet - even if I get my current deposit returned.