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?

The PDF on the link below is worth a read on the gaming sector.


http://www.saturninnovation.co.uk/clients/dsc/CMS/nmanagerpro/attachments/onlinebetting_morning_flash_150906.pdf


..........it should be noted that Sportingbet's shares rose 25% yesterday to 192p, implying an 83p/share value on World Gaming under the previous publicly announced possible bid conditions.................

Hi there its not so bad.......

http://www.gambling-law-us.com/Federal-Laws/wire-act.htm

the shares i have boughtthis morning average out at 1.8445p so i will have to wait and see. I am now going to have at look at the above websites mentioned by trader 007 and and papalpower. I shall get back to you later on this one

the reason for sbt and prty falling again is some one has just been arrested again to do wit the company d.win i think this may have happened either in france or germany. if you find anymore info out let hear about it. things were looking a lot better this morning, but i am now beginning to think we are back to the worse position again.

Just seen this:
"The main blue chip casualty, however, was PartyGaming -- down 5 pence at 105-1/4.

Several online gambling issues came under pressure after Austria's BWin shares were suspended as the German state of Bavaria followed Saxony's example in ruling against the placing of sporting bets.

On the second line, 888 Holdings and Sportingbet both declined following the news, losing 7 pence at 143 and 18 pence at 174, respectively."

This sector is becoming very volatile.

This is becoming a f****** joke.

why on earth are you all surprised at this sector's volatility?

Well I'd know, there is risk attached to gaming sector but not bad news on a weekly basis.

Weekly basis!
The Americans have got 50 more warrants to serve, so there are 50 more sharp dips in the sp to start with.
Now that the Europeans are starting to outlaw gambling as well, the incidence of bad news is going to increase even further.
I repeat, play the bounces, but only hold a short position.

if i was you peter i would just sit tight at the moment. A lot of people who have spare money will be topping now at a much lower price. there are a lot of people out there who making a lot of money out of this situation. I am not buying any more at the moment. I have 80,000 prty and 20,000 sbt. If i was to be silly and sell now i would make terrific losses. It is depressing to watch the quick movements of price on the screen. You have not actually taken your loss on paper until you sell. I am facing the facts now that i am in it, so i am now going to sit it out. a lot of people are going to be really fed up about this over the weekend. i will be back in touch again soon. keep your chin up.

my advice is if you are not already caught up then stay well clear. can find you plenty of ways of losing money, but with far less certainty of doing so!

unfortunatly cynic i am one who is caught up in the trap until the time comes when i can escape. have a lovely weekend everyone. I am going to start mine now.

phew! well good luck JB, though I am afraid you really should not have bought this morning ...... suppose you had better clench the buttocks and hope for a decent bounce to allow you to get out at no worse than a minimal loss.

I am sure you have all seen the news, but just in case you haven't, link below:
http://www.moneyam.com/action/news/showArticle?id=1505987

just rumours again though ..press hand in glove with market makers,spread bet firms i reckon

this old news - bwin had this licence disputed almost two months ago.

It's old and needed to be renewed - problem is bwin won't be given a new one from what I agther.

HUB
company specific news.

peter 123 have you still got yours. I have still got mine. my sportingbet 20,000 shares stand me at 1.8445p each. I have still got all my prty as well. I am pretty sure you will be okay. Every time some news comes out about some one being arrested, it sends shivers through the market. I may well consider selling them soon though as I do not need the headache of things getting back to normal, and then someone else getting arrested, and then it all starts to happen again.I am sitting tight for the moment though. They are on the way back up again today. Good luck all who are holding these shares.

Hi JB,

I still hold mine, so I may have to ride with the wave.

sit tight

I don't have my Shares mag with me, but from memory the article on on-line betting shares put an large amber flag against SBT because so much of its income derives from US sources, and that is certainly a very uncomfortable position for the company to be in ..... said it before, but i'll say it again ..... stay in at your peril; sell into any rally, which seems to have occurred already ..... but your money, not mine!