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?

Thanks sinutab, I have a feeling SBT are on their way back up in 2004 having sorted out their finances, maybe back to 1.50!

Well these seem to be really smoking at the moment! It is good to hear that it is the Americans who are doing two thirds of the gambling on the sites. I've just opened a position in SBT for the first time, so if that steep upward share price line would like to continue for a while that would be just dandy!!

Ladbrokes reckon that 300 million worth of bets will be staked on Euro 2004, which will be more than any previous sporting event (250 mill at last world cup). The England France game will take more money than any single contest (30 mill), higher than the last world cup final.

All good news for SBT which continues to soar.

regards
gk

Maybe back to 160p..

Good company, been through the toughest of times with EK & longest bear market for 70 years, proves management quality imo.


Also issued at equivilent of 7p on Ofex, so a nice multi-bagger.

It seems as if the government, unexpectedly, have not given the green light to the deregulation of the gambling/casino industry (or at least have watered down proposals). This has hit Stanley Leisure, Rank and William Hill but has not affected SBT/ internet gambling . Perhaps this contributes to recent strength. That said, most bets on the sites are placed by Americans, who have their own gambling rules.

rgrds
gk

and Shmag this morning says...?

Buy!!!!

Sad to say I sold out and missed the rise!! Ah well can't win em all.

goodnews for u.

From teh FT: unfortunately this article is for subscribers

The World Trade Organisation issued a formal verdict upholding the right of Antigua and Barbuda to offer online gambling services to US punters. Nov 11 2004 02:00 | Read

hi xmortal
online gambling is already huge and will become even more
profitable in the future as new areas are covered and barriers are lifted
this stock looks soild for the mid term as the house always wins,
it also helps people like NETeller who handles the online transactions
for paradise poker sportingbets recent aqusition.

regards HUSTLER

it is worth a punt imo. is NETeller listed in the LSE? What is the epic, cant find it.

>> exmortal NLR - AIM listed

Xmortal -NLR has rocketed since the float but check out the thread the feeling is that there is plenty of mileage yet! Special New Issue thread.

Anyone believe the takeover rumours on SBT they are going steadily north. Any comments?

It wouldn't surprise me if they are not on someones radar since SBTs aquisition of paradise poker. Online poker is growing massively and I belive that this is the true reason for the share price performance as there is huge scope for more growth. This has brought in the institutions. I don't know if you have played poker online but it is certainly addictive and lends itself well to an online format. The numbers playing the online tables are listed on every poker site, so you can actually keep an eye on whether the site is growing or not.

This chatroom is addictive enough I'm wary of getting into poker!

You can play with "play money" on most sites, and not get into debt!

Just Tempted to!

my broker informed me today sporting bet are formulating new
online games including a version of backgammon for the asian
market,if that takes off plenty of upside left

regards HUSTLER