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Share Name Share Symbol Market Type Share ISIN Share Description
Sportech Plc LSE:SPO London Ordinary Share GB00B28ZPV64 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.20 5.98% 39.00 36.00 37.00 39.00 36.00 36.00 95,866 15:13:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 20.0 -10.6 -6.8 - 39

Sportech Share Discussion Threads

Showing 4951 to 4970 of 5200 messages
Chat Pages: 208  207  206  205  204  203  202  201  200  199  198  197  Older
DateSubjectAuthorDiscuss
03/7/2019
08:10
This a decent holding by Richard McGuire. He has previously purchased at 40.6 and 57p. Using his own money, not director gifts as we often see. "Sportech PLC (LSE: SPO), the international betting technology business, announces that the Company has been notified that on 2(nd) July 2019, Richard McGuire, CEO of Sportech, purchased 130,000 ordinary shares of 20p each in the Company ('Ordinary Shares') at a price of 33.4 pence per share.Following the above purchase, Richard McGuire now holds 1,000,000 Ordinary Shares representing 0.53% of the issued share capital of the Company."
nod
30/6/2019
23:11
Harwood and Lombard Odier continue to add.16.16% and 23.44% respectivelyIf someone was interested in buying SPO this near 40% could clinch or prevent a deal.
nod
29/6/2019
05:16
The unlicensed operators in CT was identified in the last Annual Report as one of the higher risks facing SPO. They had three pages on risk management (p29-31) and this issue was one of the highest rated risks with a 9. SPO wrote how they planned to mitigate this risk and CT has obliged with this new legislation.
nod
28/6/2019
08:22
Yes, good news. New legislation outlawing unlicensed online operators in CT."Sportech PLC (LSE: SPO), the international betting technology business, announced that the Connecticut State Budget signed by Governor Lamont on 26 June 2019 included legislation that clarifies and strengthens Sportech's exclusive licence to conduct off-track pari-mutuel betting in the State of Connecticut.Sportech Venues, Inc. holds the exclusive licence to offer off-track betting in the State of Connecticut and does so through its 15 venues and online betting services.This budget legislation closes a loophole and thus legally prohibits unlicensed online operators from taking wagers from Connecticut residents. This law becomes effective as of 1 October 2019.Richard McGuire, Executive Chairman of Sportech, said: "The State of Connecticut have clarified and strengthened Sportech's exclusive licence with this legislation to close a previous loophole. Our online business in Connecticut is pivotal to growth and value."It is estimated that Connecticut residents wagered as high as US$60 million to US$80 million annually with unlicensed operators. Our Connecticut online betting platform, MyWinners.com, averages approximately 9% margin. Therefore, we are understandably focused on seeking to convert those customers and will update the market with progress on customer acquisition going forward."
nod
28/6/2019
07:50
Nod, Good news today re CT, and before I forget thanks for all your stuff over the years. As ever VZ
van zandt
20/6/2019
15:16
nod i prefer bullet ant's updates tbh!!!;-)
finkie
12/6/2019
22:35
Here's an interesting State by State update by ESPN.8 have sports betting in operation7 have passed a bill A large bunch headed by Connecticut have tabled a bill but not yet passedhttps://www.espn.com/chalk/story/_/id/19740480/the-united-states-sports-betting-where-all-50-states-stand-legalization
nod
12/6/2019
22:19
The States that have legalised sports betting since the Supreme Court ruling, New Jersey, Nevada, Delaware, Mississippi, West Virginia, Rhode Island and Pennsylvania, have so far taken $8.9 billion in legal sports bets. New Mexico is not included as it doesn't separately report its sports bets.
nod
12/6/2019
21:59
We know there were several entities interested in acquiring SPO in 2017. As a result, in October 2017 a Formal Sale Process (FSP) began. A satisfactory offer was not achieved and the FSP was closed in March 2018. An outcome of the FSP would be that several companies had a good look at SPO. Since then, sports betting in the USA has progressed. If we get a licence for sports betting in Connecticut then SPO becomes more valuable.
nod
12/6/2019
12:18
But st what price I wonder
trentendboy
12/6/2019
12:18
Must be TO but bad leak
trentendboy
12/6/2019
11:13
Hey up , something happening!!!
oohrogerpalmer
10/6/2019
06:30
Another troll by the username lsehotdealz haha, share price is stagnant and there’s talks of fundraise at 10p on that board lol desperation has lead to going round posting on different board to prevent share price from dropping, usually ud stay quiet and average down and accumulate if you see huge potential lmaoo he’s spamming all the boards and a newly registered today as a member lol
lukmanpatel
04/6/2019
08:54
May 7http://www.sportechplc.com/news/Sportech, the International betting technology business and the home of legal in-venue and online betting on racing in the State of Connecticut, announced the results of another successful Kentucky Derby event, the first leg of the 2019 Triple Crown season and the 145th running of the Kentucky Derby.ConnecticutIn Connecticut, Sportech's Winners, Bobby V's Restaurant & Sports Bars, and MyWinners.com online and mobile channels delivered the ultimate Derby day excitement on May 4th, providing fans with a betting an exciting viewing experience.Across Sportech's Connecticut estate, customers placed nearly 400,000 wagers during the day and there was an incredible buzz among the – standing room only – crowds as the strong favorite and first-past-the-post horse Maximum Security was disqualified and long shot Country House announced the winner.Sportech's Executive Chairman Richard McGuire commented, "We paid out around $3.5 million dollars to Connecticut winners during the day and that amount could have been significantly higher had the favorite obliged. Our online and mobile channels performed well, recording a 13% increase in activity." Reflecting on the sports betting question currently facing Connecticut lawmakers, McGuire added,"We look forward to the State of Connecticut extending licensing to current operators to include sports betting, bringing current illegal sports betting activity under the same regulatory framework as betting on horse racing and enabling us all to compete effectively with neighboring states."
nod
28/5/2019
23:01
Harwood increased its holding to 15.9%AXA went below 3%AXA seems to be reducing its holdings in smaller companies.
nod
28/5/2019
22:57
Lombard Odier increased again to 22.66%
nod
18/5/2019
09:24
Lombard Odier back above 19% holding. They were around this level last October.
nod
15/5/2019
03:15
finkie, if I had a crystal ball I would have sold a year ago. SPO is well-placed to get Connecticut sports betting licences on top of the licences it already has in CT. It's a no brainer, but where politics is involved anything can happen. A decision is still a few months away according to the Governor. It seems from the delay that they are not going to give in to the tribes demands. The government could have taken that easy option months ago.
nod
14/5/2019
12:05
Nod 25p to sell, i think you are too attached to this stock preserve capital is Buffetts number one rule, SPO destroys it!
finkie
09/5/2019
21:48
The articles in The Times and Seeking Alpha around 7 and 8 weeks ago were positive. See past posts. We have most of our eggs in the Connecticut basket and CT are taking longer than expected to introduce sports betting. The process is slowed due to the two tribes wanting a bigger slice of the pie and claiming they have rights under their existing agreements. If SPO gets a sports betting licence in CT later this year then the share price should bounce. SPO would then become much more attractive to a buyer. Remember, we were up for sale last year.
nod
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