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?

IMO anyone holding these shares (and most others in this sector, excepting those UK-focussed) needs to throw in the towel rather than show misplaced steel

Interestingly though, Shares Mag have recommended a buy for Party. Why would that not apply to SBT?

when Bush gets chucked out in November the banning will probably be overturned...thats why i'm putting my shirt on SBT,PARTY

I'm surprised you've got any shirts left, maestro, after some of the dogs you've put them on over the years.

bush has 2 years to go, these are only mid term elections maestro

You wpould have thought that the great commentator on all things US - 'maestro' would have known a bit more about the US elections. But then again I suppose they probably don't teach much politics at his nursery school.

I think SBT are better value than PRTY, my back of the envelope calc for PRTY gives a value of 20p or so compared to 65 for SBT, but dont ask for the details coz I've lost the envelope!

Here is a part of an Email that I received from Ladbrokes.

On Friday 13th October President Bush gave final assent to the Safe Port Act marking the bill's passage into law. The bill has caused significant disruption within the online gaming industry due to a clause that prohibits the processing of financial transactions for online gambling by players resident in the United States, who make up approximately 70% of online players.

Immediate withdrawal of services to residents of the USA
Publicly listed companies such as Partypoker.com & 888.com, Poker Networks including Cryptologic (Betfair, William Hill) and payment provider Firepay, have already implemented an immediate withdrawal of their services to residents of the USA. For the poker rooms this will mean a significant reduction in their player numbers but may mean they are legally compliant within their remaining markets.

Continuing to accept deposits from US players in spite of the Safe Port Act
Many non-public listed companies have taken a different interpretation of the Act. They have concluded that the Act does not alter the U.S. legal situation with respect to the offering of online poker games to US residents. This interpretation has yet to be tested in the courts. It should be noted that financial institutions such as Barclays and Royal Bank of Scotland have advised their corporate clients that they are not prepared to do business with companies that take online wagers from the United States. This contradiction in approach may lead to difficulties in processing deposits and withdrawals for these operators

So, as we know, the control of U.S. gambling is going to be by prosecuting the banks if they process gaming transactions which are coded & therefore easily identifiable. The banks will comply, so the on-line gaming companies are powerless to change that.
It was my understanding that Ladbrokes, William Hill & Coral (Gala) did not have exposure to the U.S.
So nothing has changed, or have I missed something?

Bush will be thrown out for 9/11 involvement..Americans are waking up fast

Online gambling: United Kingdom attacks US law
The online gambling community has been crying out for support from the United Kingdom and now they got it.

Britain's culture secretary on Friday compared the U.S. crackdown on online gambling to the failed alcohol ban of the Prohibition as she prepared to host an international summit on Internet gambling next week.

Tessa Jowell warned that the U.S. ban on Internet gambling would make unregulated offshore sites the "modern equivalent of speakeasies," illegal bars that opened in 1920s America when alcohol was banned.

U.S. Congress caught the gambling industry by surprise earlier this month when it added to an unrelated bill a provision that would make it illegal for banks and credit-card companies to settle payments for online gambling sites. President Bush signed the law Oct. 14.

The internet gambling community has gone on the attack against one of the bill's co-sponsors, Senator Jon Kyl (R) of Arizona who is due up for re-election this November 7. Hundreds of thousands of Arizona voters were already notified about Kyl's prohibition attempts by early Friday morning.

As a result of Kyl and Senator Majority Leader Bill Frist's prohibition, the most lucrative region in a market worth $15.5 billion this year in "spend" value had been closed off, deducing some firms to rubble and causing countless numbers of shareholders to lose millions.

Several London-based Internet gambling companies and a handful in Europe and Australia subsequently sold off or shut down their U.S. operations, losing around 80 percent of their combined business in the process.

U.S. officials have declined to participate in Tuesday's gambling summit in London, where lawmakers from 30 countries will discuss ways to regulate the industry, including the protection of minors and keeping the industry free of crime.

Officials from Australia, South Africa and New Zealand, Malta, Costa Rica and Antigua and Barbuda are expected to attend.

Antigua in particular has been engaging in a strong defense of Internet gambling, one of the tiny Caribbean state's few economic success stories.

It argues that the U.S. ban is in direct contravention to a ruling by the World Trade Organization last year that the United States amend some of its legislation to permit Antiguan gambling operations to offer their services to U.S. citizens on a level playing field.

Mark Mendel, who leads Antigua's WTO legal team, said Friday that the summit would put further pressure on the United States to comply with the ruling.

"Ultimately, I think they are going to have to satisfy us," he said. Mendel said online gambling was vital to Antigua, whose only other industry of note is tourism.

Next week's gathering has been months in the planning and officials intended to discuss ways to stop criminals from defrauding online gamblers and to prevent sites being used for money laundering.

However, the new U.S. law is likely to be the focus of talks. Jowell said that regulating sites worked better than prohibition.

"America should have learnt the lessons of Prohibition," she said, noting that legislation that was meant to stop alcohol from causing harm in practice forced otherwise law-abiding customers into the hands of the bootleggers.

Under new British gambling laws, online operators have a "social responsibility" duty written into licenses and policed by the independent Gambling Commission watchdog.

It requires them to work to prevent underage gambling, give prominent warnings about addiction and inform users how much time and money they have spent on the site.

"Broadly speaking we have three choices: you can prohibit, like the U.S., do nothing or regulate, like we have," Jowell said. "I firmly believe we have chosen the path that will do the most to protect children and vulnerable people and keep out crime."

The US Justice Department is still holding former BetonSports CEO David Carruthers under house

maestro: I see that knowledge of the American system of government is not your strong point.

Let me help you. George Bush will leave the White House at the end of his second term, never to return, as it is prohibited by the 22nd Amendment to the American Constitution for a President to serve more than two terms. This will be in two years.

As I pointed out to you elsewhere, 69% of Americans are not "waking up fast", as you put it. What is more, the idea that the President of the United States would want to or could have orchestrated the 9/11 attacks and kept this secret is so ludicrous as to not warrant a response.

If you need any further help with this, do let me know.

Tessa Jowell's bizarre outburst will simply harden American opinion about on-line gambling.

Goldman Sachs reducing their stake in SBT today

maestro's grasp of the real world, let alone reality, is not his strong point

Anybody discussing Sportingbet this month?

no..fed up with it!

Now that 365 & 888 have been swallowed up, SBT may have to start looking around to try & increase it's market share.
SBT went ex-divi 3 weeks ago. Don't suppose anyone knows if they paid a divi this time?

31m buy after hours...whats that about

Maybe someone will swallow them up!

Has anyone seen the reason behind a 10% rise today, I have noticed PRTY is up as well....

No idea. 888 is also up.