Anyone holding these? Evil K drove the price right down and now they seem to be recovering---are they worth considering now they seem to have sorted out their finances?

soory to bring a bucket of cold water, but huge article in today's Sunday Times (not read it yet) re on-line gaming ...... I reckon shorting almost any company in this sector next week will reap dividends, though my equal guess is that these shares will already have been heavily marked at opening tomorrow.

peter 123 are you going to hold? I am not sure at the moment. I am getting more concered about the gaming shares. I hope they do not fall too much tomorrow.

Janet its really unwise to make trading or investment decisions on random posts by anonymous posters on bulletin boards who may or may not have" huge" agendas.You can read an abridged version of that article on Times on line.

Well said PWC. Always do your own research Janet and blame (or congratulate) no-one but yourself.
Cynic - Also in todays Sunday Times (now 2!! - going to view it online at least every other week in protest) is article about "contrarian" fund manager Neil Woodford. Would not be surprised if he is looking closely at some in this sector, as there surely has to be way in the longer term to accommodate the gamblers of the USA.

PWC ... your principle is correct, but in fact I for one have no agenda at all .... what I wrote is my own view ..... everyone on here is an adult (self apart!) so take responsibility for their own decisions.

I have had a read of the article in the times online. and agree with partridge that there has to be a way in longer time to accomoade the gambler of the usa. I myself feel that they have to compromise on this situation. This situation has to be a test case. It is certainly causing a lot of unease in the sector at present. I myself am not feeling very comfortable with this situation, as I currently have a large holding of shares in the company. I am not going to rush and sell at the moment. I will keep a close eye on the situation over the next few days. When this situation happended last time with carruthers the shares dropped quickly from around 1.25 down to at lowest .80p. then two months later say thursday morning went back up to 1.21 at the highest point. This time the share price drop has not been as much, i do not hold sportingbet, but i do hold partygaming. If sportingbet do start trading again tomorrrow, then I would say this is a step in the right direction. On the otherhand I do not like the way they have gone about these two arrests in the first place. Infact it in very bad tase. keep in touch with your opinions. I am always interested in hearing different opionions. take care cynic, partridge, p.w.parnell, smiler and peter 123.

JB ... the Americans do not have to compromise at all any more than they did with Prohibition or the death penalty .... good luck with PRTY; it's probably fine in the long(er) term, but be prepared for a very bumpy ride in the immediate future.

Hi Janet, if SBT starts to trade again tomorrow, i will wait and see. If drops too low (1.80), then may have to take a loss.

SBT has resumed trading - currently around the 140p mark.

JB - with sp falling near enough 100 at opening, i guess all you can do is hang on and keep your fingers crossed at least for the minute ..... there is a reasonable chance that the markdown has been overdone, as much as anything else to deter sellers while MMs try to work out what next

peter i am going to hang on to my partygaming.

interestingly, PRTY seem to have scarcely moved unless they have done so in the last few minutes .... However, if you are close enough to break even or better, my own view is that it would be prudent to at least trim your holding for continuing bad reaction to SBT's plight is likely to cause an indicriminate backwash in the rest of the sector.

cynic I amm holding 80,000 prty at present my average price is 1.166p so I will see how today goes and like you say. I may trim down. I have strong feeling that sbt with recover slowly throughout the day. If peter sells his he will be doing the same as I did with goolast monday morning and that cost me dearly. at the end of the day. At the end of the day. We all make wrong decisions sometimes when we panic. we will all have to wait and see. cup of tea time for me now.

Janet,

I am holding 20000 shares, i have not sold mine yet, i will wait and see.

Peter Dicks will have to be stupid enough to visit US when all this crackdown in US is going on...what a nerd!

peter dicks made a very silly move travelling to us. Peter 123 I personally hang in there. Watch closely though. Peter Dicks back in court on thursday. I will keep in touch with you on this one.

Peter Dicks certainly lives up to his name....Dickhead

Other executives from sbt travelled to the states without incident in July -the dickheads are the yank lawmakers.Watching like a hawk but maybe therell be a better opportunity after Fridays option expiry ,ridiculously cheap at these levels b market sentiment is poor at the moment.Sept and Oct not that brilliant-job data and inflation numbers out before the weekend, anticipating some even better bargains next week but wtfdik.

looks l;ike the yanks are buying after their little sting..must be great to have inside info

I think this is a short term bounce.
If a similar scenario is followed as that of BetonSports, not only will the shareholders get nervous, but the european gamblers on the SBT website may also change allegiance and withdraw their money (I don't think the asian market will take much notice). This will affect SBT profitability (notwithstanding a good 2006 World Cup). I cannot see an upside unless consolidation is a possibility.
I have got to agree that staying out of the U.S.A. would have been a sensible thing to do for the Directors of any internet gaming company, even though Dicks was just going on holiday, link below:
http://www.theonlinewire.com/articleView.aspx?ID=1497
However, the media seem to besupporting SBT to some degree, link below:
http://www.theonlinewire.com/articleView.aspx?ID=1147
Not for the nervous investor, this one!