Webis Share Discussion Threads

[passeridae] 12/4/2021 07:22

Don't know if you all saw this over the weekend but worth a read:

Webis Holdings plc's (LON:WEB) Stock Is Going Strong: Is the Market Following Fundamentals?

Simply Wall St
Fri, April 9, 2021, 10:43 AM

[georgeo1] 09/4/2021 13:29

https://cointelegraph.com/news/crypto-wagering-for-online-sports-betting-now-legal-in-wyoming

[passeridae] 09/4/2021 07:11

Looks a good appointment:

For immediate release 9 April 2021

Webis Holdings plc("Webis" or the "Group")

Rich Roberts joins the Webis board

Following regulatory approval, the Board of Webis, the global gaming group, is pleased to announce the appointment of Mr Richard ("Rich") Roberts as an Independent Non-Executive Director of the Company.

Mr Roberts has extensive experience of the on-line sports entertainment industry. His track record includes his time as a director of the London-listed global sports entertainment company Sportech PLC, and successfully facilitating and building the sports betting platform, FaceOff, in the US.

Ed Comins, Webis Managing Director, commented:"I am delighted to welcome Rich to the Board of Webis. His experience in the gaming industry will prove invaluable, and we are sure he will make a very positive contribution to the Board."

[passeridae] 08/4/2021 09:55

Thats really interesting TWH - just had a quick read up about it following your post and it looks as though its a real posibility.
Its all lining up nicely for Webis - still only valued at £26m but has to be worth multiples of that valuation to a strategic preditor!

[the white house] 08/4/2021 09:35

There is such a thing as a Recall Election likely in California. As part of this 2021 action a Sports Betting bill could well be included Remarkably this could not only draw things forward a year to a 2022 launch but handily be only available for tribal casinos and RACETRACKS. This would give a year head start on other players, a monster key advantage that we other seen in other state

[passeridae] 08/4/2021 07:54

A bit more information about the nature of the agreement to legalise mobile sports betting in NY is now available:

New York lawmakers were set to legalize mobile sports betting as part of the new state budget headed for final approval on Wednesday.

The state will select at least two companies through a competitive bidding process this year to operate online wagering, according to language in the $212 billion spending plan. Members of the Democrat-controlled state Senate and Assembly approved a budget bill with the provisions on Wednesday. Gov. Andrew Cuomo said he would sign the measure...

...The budget language requires the Gaming Commission to issue a request for proposals by July and award licenses later this year. The commission must select two platform providers, but they may partner with multiple operators, or skins, which provide consumer-facing products.

[everready1] 08/4/2021 00:02

There is no US quote I I believe

[thefartingcommie] 07/4/2021 15:29

re..Buying on both sides of the Pond now,

where is that visible? tx

[[e-mail]] 07/4/2021 15:22

i thought 10p was out of reach not now

[[e-mail]] 07/4/2021 11:09

u can bet on this share, cant loose

[the white house] 07/4/2021 08:52

As I called 4 days before your lengthy inaccurate post...

[mip55] 07/4/2021 07:45

If you bothered to read what I wrote you might perhaps understand that what the governor was proposing- a single skin - would not benefit WEB. Thankfully he did not get his own way entirely and there will be a minimum of four skins

[the white house] 06/4/2021 23:16

Incorrect, extra points in bidding process for Platforms that partner with Tribes

[passeridae] 06/4/2021 22:50

According to the NY Post budget agreement has finally been reached and it DOES include mobile sports betting:

"The sides have also agreed to legalize mobile sports betting — which lawmakers say will increase revenue this fiscal year by $99 million and then by as much as $500 million by 2025-’26."

nypost.com/2021/04/06/cuomo-ny-leaders-reach-deal-on-212b-budget-with-4b-in-tax-hikes/

Awaiting confirmation on the exact nature of the agreement but may be along the lines as follows:

"the plan reportedly will include one or two operators which will be chosen by the state through a request for proposal process, and a minimum of four skins with no maximum for each operator.

Providers would only be eligible if they have a current partnership with at least one of the existing licensed commercial casinos in New York, which limits providers to DraftKings, FanDuel, BetRivers and Bet365"

[mip55] 05/4/2021 15:26

While details of New York mobile betting are still being hammered out you should hope the Governor does not get his wayGovernor Cuomo's proposal would likely unravel this negotiated solution. Here's why: the budget bill incorporating Governor Cuomo's proposal makes no provision for affiliate or tribal participation in mobile sports betting. Instead, it states simply that mobile sports betting would be permitted "through a platform provider or providers" pursuant to a competitive bidding process overseen by the state gaming commission. This succinct language would appear to leave room only for the select few mobile providers (i.e., DraftKings, FanDuel, Bet365, and Rush Street Interactive) that have market access deals with the upstate casinos.In other words, the racetracks, OTB outlets, video lottery facilities, tribal casinos, and professional sports venues would be left out of the process completely.

[passeridae] 02/4/2021 21:42

Still we wait ... latest "word on the street":



New York is hours away from a decision on whether it will include mobile sports betting in its new fiscal year budget.

The budget deadline was April 1, but key issues — including legalization of mobile sportsbooks — are expected to delay final passage by at least 24 hours.

The news out of Albany is that New York can expect mobile sports betting to be included in the fiscal year (FY) 2022 state budget as a hybrid. That would likely combine a lottery-based sportsbook model (which Gov. Andrew Cuomo wants) and private partnership model.

No final word yet on how many operators or skins are expected, but key lawmakers including Sen. Joe Addabbo say they are still pushing for as many as they can get.

[passeridae] 02/4/2021 08:25

Latest update from yesterday suggest NY deal of some sorts possible today or tomorrow:

[passeridae] 01/4/2021 18:31

A decent summary of where we are right now:

[the white house] 01/4/2021 14:07

The NY mobile deal could, remarkably, turn out to be perfect for WatchandWager.Instead of a single lottery, or 7 x 2 skins a 4 option deal (inc only Flutter from this side of the Pond) is now favourite and limited to existing casino operators in upstate NY. This sits exactly as per here with existing players given advantage. If Calif followed with the 5 players it has, instead of 14, any licence value is trebled...Added

[remarkomsoc] 01/4/2021 06:51

Omg, it finally did a goodie

[nicedude1976] 31/3/2021 23:33

or 3 p;)

Seriously, this has just multiplied and built a long term cup on the chart, which coincides with the fundamental potential stuff mentioned here, but a deep correction is quite possible, though not guaranteed, in cases like that.

[readdin] 31/3/2021 12:15

will be over 10p next week when new money arrives, might have a little sell off tomorrow afternoon but hold tight you could even see 12p end of next week!!!