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?

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!

got back from work at 4.15 to find that while i was out sbt fell 6.5p to my disapointment. I must say cynic you are correct with what you have said. we will have to wait now to see what tomorrow brings.

i am quite good at giving others good advice but total crap at taking my own!

never mind we win some and lose others.

The whole of the gaming sector will remain very volatile until this bloody Bill is put out of its misery. SBT and others are just becoming a day-traders territory.

Backdoor Move to Ban Web Gambling Fizzles
19 September 2006
by Tony Batt

Las Vegas Gaming Wire

WASHINGTON -- Senate Majority Leader Bill Frist, R-Tenn., tried to attach an Internet gambling ban to a defense bill last week but was rebuffed by two powerful senators, congressional sources said Monday.

Despite the setback, advocates said GOP leaders will keep trying to add an online wagering prohibition to must-pass legislation until Congress adjourns this year.

Frist approached Sen. John Warner, R-Va., chairman of the Senate Armed Services Committee, and asked him to add an Internet gambling ban to a defense authorization bill, according to congressional staffers who requested anonymity.

But after checking with Sen. Carl Levin of Michigan, the ranking Democrat on the committee, Warner rejected the idea because an online wagering ban would not be relevant to defense legislation.

A source close to Frist confirmed the majority leader made the proposal to Warner, but declined to elaborate.

After hearing of Frist's proposal, Rep. Shelley Berkley, D-Nev., sent Warner a letter urging him to reject any amendment that would ban online betting.

"We must not use this important (defense) bill as a convenient vehicle for political pet issues such as a ban on Internet gaming," Berkley said.

Berkley opposed an Internet gambling ban that passed the House 317-93 in July.

Although the Department of Justice has said Internet gambling is illegal, the $12 billion industry continues to grow, with more than 2,300 Web sites.

Frist, who has been mentioned as a potential presidential candidate in 2008, criticized online wagering during an August visit to Iowa.

While in Iowa, Frist joined Rep. Jim Leach, R-Iowa, one of the two main sponsors of the ban that passed the House, in conducting an informal field hearing critical of Internet gambling.

On Sept. 5, the day Congress returned from its August recess, Frist made a speech on the Senate floor and listed an Internet gambling ban as one of his priorities as Congress rushes toward adjournment. Frist's second term expires this year, and he is not running for re-election.

Source: http://www.casinocitytimes.com/news/article.cfm?contentID=161151