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?

Buy!!!!

Sad to say I sold out and missed the rise!! Ah well can't win em all.

goodnews for u.

From teh FT: unfortunately this article is for subscribers

The World Trade Organisation issued a formal verdict upholding the right of Antigua and Barbuda to offer online gambling services to US punters. Nov 11 2004 02:00 | Read

hi xmortal
online gambling is already huge and will become even more
profitable in the future as new areas are covered and barriers are lifted
this stock looks soild for the mid term as the house always wins,
it also helps people like NETeller who handles the online transactions
for paradise poker sportingbets recent aqusition.

regards HUSTLER

it is worth a punt imo. is NETeller listed in the LSE? What is the epic, cant find it.

>> exmortal NLR - AIM listed

Xmortal -NLR has rocketed since the float but check out the thread the feeling is that there is plenty of mileage yet! Special New Issue thread.

Anyone believe the takeover rumours on SBT they are going steadily north. Any comments?

It wouldn't surprise me if they are not on someones radar since SBTs aquisition of paradise poker. Online poker is growing massively and I belive that this is the true reason for the share price performance as there is huge scope for more growth. This has brought in the institutions. I don't know if you have played poker online but it is certainly addictive and lends itself well to an online format. The numbers playing the online tables are listed on every poker site, so you can actually keep an eye on whether the site is growing or not.

This chatroom is addictive enough I'm wary of getting into poker!

You can play with "play money" on most sites, and not get into debt!

Just Tempted to!

my broker informed me today sporting bet are formulating new
online games including a version of backgammon for the asian
market,if that takes off plenty of upside left

regards HUSTLER

Thanks Hustler. There is plenty of upside anyway, as the Paradise aquisition has not been fully integrated. They will either be on the aquisition trail or be aquired themselves. The market is growing fast.

the uptrend is relentless at the moment, so, I do feel that there is likely to be a short term pull back soon though as people take their profits. This will need to be re-rated.

For the record, I understand that The Poker Channel will start on the Sky TV Network mid March 2005. That should encourage plenty more willing donors to the internet tables which is good news for me (the poker newbies are easy prey) and good news for Sportingbet and Neteller. Also, don't forget William Hill and Ladbrokes who have big flourishing poker sites already.

Any views on current sp which has dropped from 350p to circa 313p in last couple of days. I bought @90p last year and whilst appreciating profit taking recently I don't want to lose out again as I did with the fall of OKR sp.

Should I sell now?

I think if I was sitting on your profit I would take it. It has been trading within a narrow band. I think to-day drop takes it out of its normal band. I believe there was a slightly negative opinion in the IC. Also the ad and obv indicators have turned down ROC also down. Take your profit I sold yesterday at 332p. Luck

You ca buy back in later if the trend is positive for your dealing.

Many thanks for your views, Fred1new

> Tenereds - don't be greedy!

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2005/03/27/ccbreak27.xml


Online poker is suddenly the biggest game in town. Already this year, it has emerged that two of the world's biggest poker sites, PartyGaming and Cassava Enterprises, which owns the 888.com online casino, are considering floating on the UK stock market.

They hope to tap into the huge investor interest in online gaming stocks that has boosted shares in Sportingbet, the leading online gaming group, by more than 300 per cent in the past year, driven partly by its acquisition of Paradise Poker.

But Sportingbet's shares still look cheap. They trade on 24 times this year's forecast earnings, according to Investec. This may seem racy, particularly compared with other UK gaming stocks, such as Rank, Hilton and William Hill, which trade on multiples of about 14.

But Sportingbet is forecast to deliver earnings growth of more than 40 per cent a year. In contrast, Ebay is forecast to grow earnings by a mere 30 per cent, yet the online auction group's shares trade on 48 times this year's earnings, according to Merrill Lynch.

Why does Sportingbet trade at such a discount to other fast-growing internet stocks? After all, it makes profits and generates huge quantities of cash since it has little debt and is based in Gibraltar where it pays hardly any tax. Nor is there much doubt of its growth potential.

Online gambling accounts for less than 5 per cent of the gross win of the global gaming industry - a figure that is expected to soar as punters become more familiar with online gaming and broadband internet connections rise.

What is holding the shares back is regulatory fears. Sportingbet makes most of its poker revenues in the US, where the status of online gaming is ambiguous. US law prohibits the use of telephones to take bets. Sportingbet, like other online gaming sites, is located offshore, beyond the reach of the authorities.

But regulators have tried to control matters via the banks that process transactions and other affiliated businesses. This can make life more complicated for online gaming sites, but not impossible. At worst, regulators will succeed only in slowing growth. Sportingbet's investors will still be left to share a big pot.