Where do you think they will go to or should i sell now

Betfair [LON:BET] managed to escape the Barclays chop

That's because they have no shops it's all online therefore no machines ( the crack cocaine of gambling as Miliband put it) and that is all this is about ..

Makes me laugh ,you can loose large amounts anywhere ,maybe Ed should come and have a look at my trading account today .

sorry to hear that young jimmy me lad ...... i've had rather a good day by chance :-)

Not bad all round cynic ,, just WMH was nicely in profit and was intending to hold well in to this year,, now teetering on the edge of a stop loss ,still in for now..

ah .... i effectively don't do stop losses as they're a real pain when sp spikes

Certainly spikey this week. That why i use ATR oscillator on charts. Shows daily volatility. Although not meant for this.

Only use stops for trailing SP.

Dangerous game that cynic .

I'm actually surprised this didn't bounce back a bit better.

William Hill was down more than 7 per cent to 371.1p, while Rank Group, whose Grosvenor Casinos business uses FOBTs, fell by 1.6p to 135.4p.
Analyst Simon French at Panmure Gordon said the falls were an overreaction, given that Labour was defeated in a parliamentary vote on whether to give local authorities power to curb the number of fixed-odds terminals.
‘It is overdone,’ he said. ‘I don’t think the debate went that badly from the perspective of the betting companies, but the market will shop first and ask questions later.’

‘It [the share price fall] provides an attractive entry point to William Hill because it has a broader base of business, geographically and by channel.’

http://www.dailymail.co.uk/money/markets/article-2536778/Bookies-dealt-blow-fixed-odds-debate.html

Fingers crossed........

Bounce back ?? good entry point for a buy .

.

Take your pick - update on Friday 17th.

Goodbody Hold 370.40 450.00 375.00 Downgrades

Nomura Buy 370.40 505.00 505.00 Retains

Trading Statement

Improved margin in Q4 with progress on key initiatives

17 January 2014

William Hill PLC (LSE: WMH) (William Hill or the Group) announces a trading update for the 13 weeks from 2 October 2013 to 31 December 2013 (Q4) and the unaudited 52 weeks to 31 December 2013 (full year). The reported comparator periods are the 14 weeks and 53 weeks ended 1 January 2013. For comparison purposes, 13 week and 52 week data are provided, for which the results relating to the week ending 1 January 2013 have been removed.

Ralph Topping, Chief Executive of William Hill, commented:

"Q4 proved a strong end to the year as we enjoyed continued momentum in Sportsbook with 38% more wagered in Q4 on a 13 week basis than last year. This demonstrates our competitive strength in Online ahead of the expected introduction of the Point of Consumption tax in December 2014. We made good progress on key initiatives in the quarter: improving our mobile gaming offer, rolling out the Eclipse gaming machine to over a third of our estate and continuing to enhance Australia's digital capabilities. It is also pleasing to see a turnaround in the profitability of our US business in our first full year of ownership."

Q4

Q4 saw strong underlying net revenue growth from sports betting with above average gross win margins in Retail over-the-counter (OTC) and strong wagering growth from Online Sportsbook. Online gaming net revenue growth rates improved through the period benefitting from improvements to mobile gaming and the Retail estate saw the ongoing roll-out of the Eclipse gaming machine.


more...

Well the bounce back didn't happen ,out for now .

I was out a few days back. Thought the meddling by MPs would mess this up.

It only hit my stop this morning GF ,but your right the threat hanging over possible removal of machines has killed it for now. Those gaming machines are a large percentage of revenue for retail outlets.

Yep 50% of revenue.

I'll stay for a bit longer and have had another dabble @364p

You could waiting for the World Cup skinny and i hate football!!

Yes - may not have been the smartest buy!

I got out yesterday for nowt, back in @ 365.9 still think it's overdone and a knee jerk reaction, tin hat maybe for a while, we'll see :O)