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?

Result of Centrebet Scheme Meetings
On 26 May 2011, Sportingbet announced a recommended proposal by the Sportingbet Group to acquire the entire issued and to be issued share capital of Centrebet effected by way of two schemes of arrangement under Australian law.

The Board of Sportingbet is pleased to announce that, at the Share Scheme Meeting of the Centrebet Shareholders and the Performance Right Scheme Meeting of the Performance Rightholders held today, the resolutions to approve the Schemes were duly passed without amendment.

The Schemes remain conditional upon the approval of the Schemes by the Federal Court of Australia at the Second Court Hearing and the satisfaction or waiver of the following conditions:
no Target Material Adverse Change occurring;

no Target Prescribed Occurrence occurring; and

no Government Body (as defined in the Scheme Document) taking any action to prohibit, restrain or impose conditions on either of the Schemes,

in each case, at any time before 8.00 a.m. (Sydney time) on the date of the Second Court Hearing.

All of the other conditions as set out in the Scheme Document to Centrebet Shareholders and Performance Rightholders dated 13 July 2011 have been duly satisfied.

The Second Court Hearing is expected to take place on 22 August 2011.

Statement by the Board of Sportingbet regarding a Possible Offer.

On 23 June 2011, Sportingbet announced that it had received an approach in relation to a possible offer for the Company from Ladbrokes plc ("Ladbrokes").

In accordance with Rule 2.6(a) of the Code, Ladbrokes is now required, by not later than 5.00 p.m. on 17 October 2011, to either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Panel in accordance with Rule 2.6(c) of the Code.

Talks between Sportingbet and Ladbrokes are still continuing and a further announcement will be made in due course.

TAKEOVER: "This Announcement is for information purposes only. The Company has announced that in accordance with Rule 2.6(a) of the Code, Ladbrokes is now required, by not later than 5.00 p.m. on 17 October 2011, to either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. Further information may follow in due course."

StockMarketWire.com
Sportingbet Plc, has announced results for the year ended 31 July 2011 showing EBITDA for the year up 11% to �51.4m and amounts wagered up 4% year on year to �2,054m with NGR up 1%. Amounts wagered online in Australia was up 62%.

In:play continues to perform strongly - now 67% of European sports amounts wagered (2010: 61%) at an industry leading margin of 9.7% (2010:9.3%)

The company announced a final dividend of 1.1p making a total of 1.7p (2010:1.6p).

Discussions are continuing with Ladbrokes regarding a possible offer for the entire issued share capital of the Group and also with Gaming VC regarding a possible disposal of the Group's Turkish language website

The company insisted integration of Centrebet proceeding well and in line with expectations

Andrew McIver, Group Chief Executive, commented:"This has been a year of significant progress for the Group both in terms of financial performance and corporate developments. We have delivered a strong set of financial results with EBITDA increasing 11% to �51.4m.

"The benefits of operating across a broad geographical base were demonstrated with strong growth in our Emerging Markets division, Australia and some of our European territories, offsetting the economic weakness in Greece and Spain.

"With the acquisition of Centrebet in Australia and the passing of regulations in two of our largest European markets, Greece and Spain, Sportingbet is now well positioned to maximise the opportunities available to it as the global online gaming market continues to develop and regulate.

"The Group has had a solid start to the new financial year with NGR in the first two months 17% above the same period last year."

run for the hills!!

talks terminated


Offer Talks Terminated
Date : 10/10/2011 @ 12:40
Source : UK Regulatory (RNS & others)
Stock : Sportingbet (SBT)
Quote : 37.0 -8.75 (-19.13%) @ 12:47
Quote Chart Trades Level2


Offer Talks Terminated
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TIDMSBT TIDMLAD

RNS Number : 8915P

Sportingbet PLC

10 October 2011

Not for release, publication or distribution, in whole or in part, in or into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction

For immediate release 10 October 2011

Sportingbet plc ("Sportingbet" or "the Company")

Termination of Discussions with Ladbrokes plc

Sportingbet plc ("Sportingbet" or the "Company") announced on 23 June 2011 that the Company was in discussions regarding a possible offer for the Company with Ladbrokes plc ("Ladbrokes"). These discussions have been mutually terminated.

The Boards of Sportingbet and Ladbrokes agreed to end discussions as the parties were unable to agree either a suitable structure or one that delivered sufficient value to shareholders in a meaningful timeframe.

The Company can confirm it is not in discussions with any other party regarding a potential offer for the Company. Accordingly, the Company is no longer in an offer period for the purposes of the City Code on Takeovers and Mergers.

Discussions are progressing with GVC Holdings plc regarding a possible disposal of the Group's Turkish language website. A further update on these discussions will be provided when appropriate.

Andrew McIver, Group Chief Executive, commented: "As stated in the Company's final results announcement last week, the Board of Sportingbet remains focussed on its overall strategy of providing a first class sports betting product and of increasing its exposure to regulated markets. The Board remains highly confident of Sportingbet's prospects as an independent company."

Enquiries:

For further information, please contact:

Sportingbet Plc today announces that its wholly owned subsidiaries, Sportingbet Holdings Limited ("SHL") and Interactive Sports (C.I.) Limited ("ISCI"), have each entered into a conditional binding agreement to acquire the entire issued share capital of, in the case of SHL, Danbook Limited ("Danbook") and, in the case of ISCI, Scandic Bookmakers Limited ("Scandic"). The aggregate maximum consideration payable for both Danbook and Scandic is 8.5 million.

Danbook and Scandic are both focused on the Danish market, where they offer customers a full range of fixed odds sports betting, casino, poker and games. Denmark has passed regulatory legislation that comes into force on 1 January 2012, with the first licenses due to be issued on 15 December 2011. Sportingbet views this regulatory framework as representing a commercially viable opportunity, and has already applied for a licence. The combination of Danbook and Scandic with the existing Danish businesses of Sportingbet and the recently acquired Centrebet will transform Sportingbet into one of the largest players in the Danish market.

The deal is expected to close early in 2012 following the satisfaction of conditions including the successful award of new Danish gambling licences to both Danbook and Scandic, and the launch of websites compliant with the new Danish regulations. The maximum aggregate consideration payable across both transactions comprises 4 million of cash and 0.5 million of Sportingbet shares payable immediately on closing, with a further 4 million of cash to be paid across both transactions following the successful migration of the businesses of Danbook and Scandic onto the Sportingbet platform.

StockMarketWire.com
Sportingbet has proposed the disposal of the Turkish language website and associated offshore assets for a minimum consideration of 125 million in cash to East Pioneer Corporation B.V. which is supported by a services agreement with GVC Sports B.V. a subsidiary of GVC Holdings plc.

The disposal is structured to be a three year earn-out followed by a balancing final payment.

Disposal of organisation and promotion of Turkish language gaming activities, effective immediately upon Completion.

The transaction is in line with the Group's strategy of increasing the proportion of net gaming revenue from regulated markets.

Post disposal, regulated NGR is expected to represent approximately 70 per cent. of total NGR in the current financial year.

Proceeds to be reinvested to enhance growth in the Group's regulated markets, either by specific marketing investment or in-fill acquisitions, or investment in new geographies.

Disposal of Turkish language website and associated offshore assets (the "Business") - conditions precedent satisfied

Further to (a) Sportingbet's announcement on 10 November 2011 announcing that the resolution to approve the disposal of the Business had been approved by its shareholders, (b) GVC Holdings plc's ("GVC") announcement on 16 November 2011 that GVC shareholders had correspondingly approved all necessary resolutions relating to the transaction and (c) GVC's re-admission to trading on AIM yesterday, the Company is pleased to announce that all conditions precedent have been satisfied and that the disposal of the Business is therefore expected to complete after market close on 21 November 2011.

Completion of acquisition of leading Danish online betting operators
Danbook Limited and Scandic Bookmakers Limited

Further to the announcement made on 12 October 2011, Sportingbet Plc today announces that it has completed the acquisition of the entire issued share capital of Danbook Limited ("Danbook") and Scandic Bookmakers Limited ("Scandic"). The aggregate maximum consideration payable for both Danbook and Scandic is £8.5 million, comprising the cash sum of £4 million and £0.5 million of Sportingbet shares at completion, with a further cash sum of £4 million subject to the satisfaction of certain performance conditions. The acquisition has been funded by a new 3 year £8 million facility with Barclays Bank PLC. The loan is repayable in annual instalments, commencing January 2013.

Danbook and Scandic are both focused on the Danish market, where they offer customers a full range of fixed odds sports betting, casino, poker and games. They were successfully awarded new Danish gambling licences in December, and launched websites compliant with the new Danish regulations on 1 January 2012. The conditions to the acquisitions have therefore now been satisfied.

Notification of Q2 & Interim Results
Sportingbet Plc will be announcing its Q2/Interim results on Wednesday 29 February 2012.

There will be a presentation for analysts and investors at 9.30am at Oriel Securities (150 Cheapside, London EC2V 7AN).

There will be a live webcast of the presentation on the company website, www.sportingbetplc.com. Registration for the webcast is required via the website on the day of the results.

HARRY 10 HMRC 0.....wonderful!

StockMarketWire.com
Sportingbet Plc reveals that 45% of revenues for the half-year ended 31 January 2012 came from regulated territories and a further 18% from territories where it is paying tax ahead of licence issuance

The online online sports betting and gaming group pointed to highlights such as the Centrebet acquisition completed 31 August 2011 and the Scandic Bookmakers and Danbook acquisitions completed 31 January 2012. Also the disposal of Turkish language business completed on 21 November 2011

Andrew McIver, Group Chief Executive, commented:"This has been a transformational six months for Sportingbet. We have acquired additional regulated businesses in Australia and Denmark and disposed of our Turkish language website.

"These, together with the movement towards regulation in our second and third biggest markets, of Spain and Greece, mean that by the end of our year we expect to derive over 75% of our revenues from regulated markets on an annualised basis.

"Following regulation in September 2008, our experience with Sportingbet Australia has demonstrated to us the long term growth potential for market leading brands in regulated markets. Our European business is being currently restructured to ensure it too is best placed to capitalise on the move towards regulation."

Final Payment to US Department of Justice

The Board of Sportingbet announces that it has now made the third and final payment of $6m to the Office of the United States Attorney for the Southern District of New York ("SDNY"), acting on behalf of the United States Department of Justice. As a result, Sportingbet has paid a total sum of $33m (£21.3m) in accordance with the terms of the Non-Prosecution Agreement which the Company entered into with SDNY on 21 September 2010.

Andrew McIver, Sportingbet Group Chief Executive, commented: "This final payment formally closes any risk which the Company may have faced from its former activities in the US. Given that the US market continues to show signs of regulating both by product, and by state in the near future, various opportunities exist to re-enter the US market and we are reviewing these."

StockMarketWire.com
Sportingbet is fighting an injunction which has been served on it in Spain.

Last December the Spanish land-based casino group, Codere, sought a number of injunctions against companies operating in the Spanish online betting and gaming industry, on the basis of unfair competition.

This was part of a campaign to restrict the online industry prior to the granting of licences under new Spanish legislation.

Sportingbet was not notified of the application against it and was given no opportunity to defend it. All of Codere's applications were rejected by various Spanish courts, with the exception of one in the Commercial Court in Madrid, where the court found against Sportingbet.

It firmly believes that Codere's injunction application was based on erroneous information presented to the Court and is a blatant attempt to disrupt the market in the run up to the issue of licences. The company subsequently attended a hearing at the Court in Madrid last month at which it defended its position.

In spite of this, the Court has granted the injunction which comes into effect today.

Sportingbet is filing an appeal against Codere's claim and says it has received advice that there is no legal basis for the action. This is supported by the decisions of other Spanish courts to reject Codere's applications for injunctions against other companies in the Spanish online betting and gaming sector.

StockMarketWire.com
The Board of Sportingbet is in discussions with the Spanish Ministry of Finance about a potential outstanding tax liability covering its operations in Spain from January 2009 - May 2011

Sportingbet Plc announces its results for the third quarter ended 30 April 2012.

Group
· Total amounts wagered up 10% to £555.9m

· 52% of NGR from regulated territories and a further 24% from territories where we are paying tax ahead of expected regulation

Australia
· Total amounts wagered up 78% to £369.1m

· Total NGR up 116% to £18.1m (like for like up 46% to £12.3m)

· Mobile accounted for 34% of online NGR in April

· Integration progressing well and synergies at least in line with previously stated

Europe and Emerging Markets
· Total amounts wagered down 38% to £186.8m (like for like down 4%)

· NGR down 47% from £45.7m to £24.2m (like for like down 7%)

· Spanish business suspended 27 March 2012 due to an injunction. Spanish license expected early June 2012 followed by anticipated lifting of the injunction

· Annualised fixed costs reduced by £15m

· In:play at an industry leading margin of 10.1%

· Mobile actives increase in excess of 150% year on year in largest domains


Andrew McIver, Group Chief Executive, commenting on the results said:

''Our Australian business, which accounts for over 90% of our profits, continues to go from strength to strength. The integration of Centrebet is nearly complete and our combined Australian business grew NGR by 116% in the quarter. Europe continues to be impacted by the recession and the effects of regulation. As we have demonstrated in Australia, the long term benefits of regulation are clear but take time to manifest themselves.''

Spanish eGaming Licence Grant
Further to the Company's announcement on 22 May 2012, Sportingbet announces that it has now been awarded a Spanish eGaming licence by the General Directorate for the Regulation of Gambling.

The grant of the eGaming licence negates part of the injunction, which was imposed on Sportingbet's Spanish business on 27 March 2012 and thus allows Sportingbet's Spanish business at www.miapuesta.es to commence trading when this regulated market opens. The market is expected to be formally opened at 8am BST on Tuesday 5 June. Sportingbet is now in the process of filing an application with the Commercial Court no.10 in Madrid to have the remaining parts of the injunction cancelled.

Obtaining the Spanish eGaming licence marks the latest step in the Company's stated strategy of increasing the proportion of the Group's gaming revenue from regulated markets.

Suggest this may be a good bet, my friend still holds these whenst they were in double figures i.e £3 a share which to date seems a life time ago.

StockMarketWire.com
Further to the Company's announcements on 27 March 2012 and 1 June 2012, Sportingbet announces that Commercial Court no. 10 in Madrid has cancelled the remaining parts of the injunction which was imposed on Sportingbet's Spanish business on 27 March 2012.

Sportingbet's Spanish business at www.miapuesta.es commenced trading on Tuesday 5 June following the receipt of an egaming licence and the opening of the regulated market.

Trading Statement
RNS
RNS Number : 5253J
Sportingbet PLC
08 August 2012



Sportingbet Plc

('Sportingbet' or the 'Group')



Trading update



Sportingbet, a leading online sports betting and gaming group, is pleased to provide a trading update for the fourth quarter ended 31 July 2012.



The trends experienced during the previous nine months of the year have continued into the final quarter and the Directors expect the full-year results to be in-line with market forecasts.



Our Australian business continues to perform strongly with NGR (pre tax and bonus) up 93% year on year (up 24% on a like for like1 basis). The integration of Sportingbet Australia with the recently acquired Centrebet was successfully completed during June, one month ahead of schedule. Additionally, the level of synergies realised is significantly ahead of our original expectations. The enlarged business is the clear market leader in Australian fixed odds online sports betting and currently represents a substantial majority of the Group's EBITDA.



In line with the sector, our European business has continued to face challenging economic conditions combined with the disruptive impact of newly regulating countries and associated taxation. Additionally, our largest European market, Spain, was closed for the first 35 days of the quarter until the licensed market launched on 5 June. As a result, European NGR declined by 41% year on year (like for like1 down 18%). The restructuring of the European business following the disposal of the Turkish language website has been completed.



Sportingbet plans to announce its Q4 and preliminary results for the year ended 31 July 2012 on 3 October 2012.