Webis Share Discussion Threads

[letmepass] 18/5/2018 08:33

This is starting to gather speed... Strong buy

[cudmore] 18/5/2018 08:23

Shirley

You in AEG???

[cudmore] 18/5/2018 08:16

Mind that spike!

[equity growth] 18/5/2018 07:58

Gambling, tech firms scramble for foothold in sports bettingThe anticipation of legal sports gambling throughout the United States has prompted a flurry of deals among gambling and technology firms who want a foothold in a market worth billions. Casinos, race tracks, daily fantasy sports companies and others are itching to offer bets in person and online after the Supreme Court ruled Monday that states could begin allowing wagers. That's led companies all over the world to seek ways to team up.By WAYNE PARRYAssociated PressATLANTIC CITY, N.J. (AP) â€" The prospect of legal sports betting throughout the United States has prompted a flurry of deals among gambling and technology firms who want a foothold in the billion-dollar industry.Casinos, race tracks, daily fantasy sports companies and others are itching to offer bets in person and online after the Supreme Court ruled Monday that states could begin allowing wagers. That's led companies all over the world to seek ways to team up.Some casinos need mobile apps or someone to set lines and run sports books that operate much differently than slot machines and table games. Many tech firms, daily fantasy sports companies and others need gambling licenses and experience with significant regulation. Other companies that handle data security and payment processing are also joining the fray.The industry is preparing for most of the betting to happen on smartphones, just like in Europe. That would also be new for most U.S. states, as internet gambling has been limited to just three states in recent years."This is a multibillion-dollar industry that has been operating in darkness and can now be brought into the light with legalization and regulation," said Richard Schwartz, president of Rush Street Interactive, which operates SugarHouse Online Casino, a gambling site for New Jersey residents that offers slots and table games.Churchill Downs, the race track that runs the Kentucky Derby, said Wednesday it inked deals with a tech company for its platform and the Golden Nugget casino in Atlantic City for its license in New Jersey. It bought Presque Isle Downs & Casino in Pennsylvania in March and owns two casinos in Mississippi, with plans to offer sports betting in all three states.Dublin-based gambling firm Paddy Power Betfair has an online casino in New Jersey but is considering merging its U.S. business with FanDuel, the popular daily fantasy sports company, in a deal with clear upside for both sides. Betfair would gain a well-known American brand with millions of customers built on technology that could be used for sports betting. FanDuel, meanwhile, would need expertise on complex regulation if it hopes to gain a casino license, a move that most fantasy sports companies tried for years to avoid by arguing that fantasy sports doesn't amount to gambling.Anticipation of the ruling even prompted some companies to squash their differences and focus on the potential windfall. London-based bookmaker William Hill had threatened to use its stock to derail a buyout between two online gambling infrastructure firms in Las Vegas. But it later agreed to support the purchase of NYX Gaming by Scientific Games.The opportunities are vast for companies that can help customers turn from illegal bookies and offshore operations, said Laila Mintas, deputy president of Sportradar, a New York company that works with more than 70 sports federations and leagues around the world on fraud detection, including the NBA, NHL and MLS."It opens the door for all different stakeholders such as the states, the leagues, the casino and lottery industry to act quickly and to benefit," she said.Mattias Stetz, Rush Street's chief operating officer, said it plans to offer traditional betting on final scores, along with betting on developments within each game like which team will score next or who will commit the next foul. That's the fastest growing segment of sports betting and popular in Nevada, the only state that had been taking single-game sports bets before the Supreme Court ruling.Major casino companies MGM Resorts International and Caesars Entertainment and Tropicana Entertainment (recently bought by Eldorado Resorts) all announced plans to offer sports betting outside Nevada, as did the soon-to-open Hard Rock and Ocean Resort casinos in Atlantic City.David Katz, equity analyst at Jefferies, said Penn National Gaming and Caesars Entertainment are in a better position than their peers because of their many locations in multiple states, "particularly where there is a high probability of sports betting becoming legal sooner rather than later."Caesars is in a particularly advantageous position, he said, because it has been doing its own bookmaking for years, combining experience with a large amount of volume.â€"â€"â€"

[boxerdogz] 17/5/2018 21:41

Last sell of WEB was 400% , I'll aim a little higher than 10% but just a trade

[shirley83] 17/5/2018 20:38

Well done boxer.. You've made over 10%, suprised you haven't sold yet

[boxerdogz] 17/5/2018 20:31

Shirley83
17 May '18 - 15:51 - 2062 of 2073
0 2 0
4p about to go.. Someone is hoovering these up

YOU SAID 10p today ?????waaaaa waaaa

FYI bought back in at 3.3 today shirley

[barnetpeter] 17/5/2018 19:36

If buying that sort of stake they might know a lot more than most. I bought some back this morning at 3.2p. The real value here is in the licences esp California. Plenty of cash held to protect punters so real mkt cap is low. Hard to see how anyone will lose money at this type of level esp with a big hitter holding so much

[coldspring] 17/5/2018 19:04

Sounds more like someone caught on a mighty big spike for the time being then.....ouch

[cottoner] 17/5/2018 18:24

That 800k trade delayed from yesterday morning.

[coldspring] 17/5/2018 17:44

There an 800k buy reported at 5p over on LSE. Something brewing that is way over priced

[coldspring] 17/5/2018 16:20

Wassup tidy crying cos you missed your entry.......lol

[shirley83] 17/5/2018 16:10

We are off to the races.. Bumper crowd tomorrow

[noirua] 17/5/2018 15:59

An American interested party may only want the US interests.

[trentendboy] 17/5/2018 15:57

7p might still be enough to get it bought out.

Remember WEB are already in the shop window - they put themselves there so now the shop is well and truly open.

A TO would not surprise me in the slightest. The only issue is the price.

[shirley83] 17/5/2018 15:53

Talk of a takeover on lse but I think it's too early for that..

[trentendboy] 17/5/2018 15:53

yes, back at the races

Already been above 5 so not reason not to see those levels again

[shirley83] 17/5/2018 15:51

4p about to go.. Someone is hoovering these up

[shirley83] 17/5/2018 15:43

Tomorrow could be interesting

[noirua] 17/5/2018 15:39

WEB attempting a breakout...

[cudmore] 17/5/2018 11:46

AEG.....just saying! Read the RNS....massive news!

[equity growth] 17/5/2018 11:44

Suspect this will be rapidly addressed with other sports being added once state legislation is in place. No reason why not.

[dubian99] 17/5/2018 10:29

If these guys just rely on race turnover, online casinos can be played every second