THINK WE ARE LOOKING AT A 1 BAGGER IF DICKS IS GIVEN AN APOLOGY TOMORO....

PapalPower sorry to sound thick here, what do you mean in your last note?

L2, its the amount of MM's on the bid and offer. Simply the above means 3 MM's trying to buy your sells at 57p and 2 MM's trying to sell into your buys at 61p.

This would show strength, as more MM's are taking investor sells and than offering to fill buys, and would point to possible a rise.

It has risen, and L2 is now 2 v 2 @59/64

Another rule 8.3 released and yes, Peter Shalson is a buyer to 67p it looks like. Which means he might be buying again now :)

Very positive stuff.

http://www.advfn.com/p.php?pid=nmona&article=16870960


CFD LONG 10,000 @67p
CFD LONG 67,500 @65p

If there is alot of activity going on in the backgorund how come the trade and spread is slow and wide? Just wondering

From AFN - good news for the sector.


v0d00child - 18 Sep'06 - 23:19 - 1465 of 1465


Bloody amazing.. Peter Dicks [sportingbets] shopped by Louisiana casinos, Bwin executives held - instigated by the State Monopoly, Franise des Jeux which probably have shot themselves in the foot under EU rules.

Presidential canidate Frist trying to piggy back the defence conference with his anti-gambling bill... any self interest there? Not sure how gambling and defence relate?? Idot American!

Anyway, Bwin executives released tonight should spur the sector tomorrow, based on the release of Dicks the other week.. Frists bill smacks of desperate measures and Dicks court hearing end of the month could end up a fiasco!Interesting few weeks ahead!!

ok, I've over simplified here but you get the gist.. and US shouldn't concern us as Playwize are UK/European focused but a sector rise would hurt... ps.. big buyers in WGP and SPT, 888 declaring an nice little divident should also help!

Finally, PLW.. marketing just around the corner!!

Bit more if you're still interested;

As of late Monday, Bodner and Teufelberger had not been charged with wrongdoing, but their detention stemmed from a complaint filed by Franise des Jeux and Pari Mutuel Urbain, or PMU, the French monopoly operators of sports betting, lotteries and other forms of gambling.

"We think this is an effort to protect the French monopoly, and it is a disproportionate attempt," said Konrad Sveceny, a spokesman for Bwin, which recently changed its name from Bet and Win Interactive Entertainment.

The move has attracted the attention of the European Commission, which has been investigating the gambling monopolies of several European Union member states, following complaints that national policies discriminate against private-sector operators like Bwin.

Full story - http://www.iht.com/articles/2006/09/18/business/gamble.php

Yes, another rule 8.3 and Shalson buys more, he is certainly confident of the SBT takover.

Its a safe way to make money, he does not have to worry about selling his stake in the open market, so can just keep buying and wait for the final bid price. Makes having a large stake safer when a bid is coming in, as opposed to trying make money from buying and selling in the open market where MM's will drop the price when you try to offload

http://www.advfn.com/p.php?pid=nmona&article=16885894

CFD LONG 7,500 @61p
CFD LONG 25,000 @60p

From a post on AFN :




64bit - 19 Sep'06 - 14:10 - 3711 of 3711


out on afx..
BRUSSELS (AFX) - The European Commission will charge France on Oct 18 for
stifling competition in the sports gambling sector, an EU source said.

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

Original proposed offer was SBT @244p = WGP@104p so the ratio is 0.426.

SBT price now 188p = WGP price of 188 * 0.426 = 80p.

We are too far below 80p :)

Strange thing is now happening do you think... all gaming sector are down apart SBT who is up nearly 5%. Maybe something is imminent for us here!

Lets hope so :)

There is something funny going on with SBT, seen some large trades going through which are paid higher than the buy price shown on the buy/sell on screen. What does that mean? Does it mean its on the verge to go alot higher beyond 200p very shortly?

Some Bargain condition sales & SETS order driven sales gone through late in the day, but as they are fairly large trades (300K shares) it is not surprising they have been delayed & gone through at different prices after the close of the market.
As they are sales, I can't see that they would be significant to an SBT sp move.

Looks like the WGP offer is still on for SBT.... :) in which case WGP has a long way to go upwards to the possible bid price (which is SBT price * 0.426)


Sportingbet boss says to step up U.S. push - FT
Thu Sep 21, 2006 12:23 AM BST

Email This Article | Print This Article | RSS [-] Text [+]

LONDON (Reuters) - Online bookmaker Sportingbet (SBT.L: Quote, Profile, Research) will step up efforts to expand in the United States despite U.S. arrests of British gambling bosses, its new chief executive told the Financial Times.

Andrew McIver, who becomes chief executive in October, was quoted in the newspaper's Thursday edition saying Sportingbet would increase its push to find more U.S. customers and acquisitions.

"It's still the U.S. -- or what's the point? I still hold that view," McIver was quoted as saying in an interview.

Good news for gaming stocks :


http://www.pokerlistings.com/frist-fails-in-bid-to-attach-online-gambling-ban-to-military-bill-9065

2:40 PM, Wednesday, September 20, 2006 by

The National Right for Online Gaming (NROG) confirmed through their sources in Washington D.C. that Senator Bill Frist failed in his attempt to add the Internet Gambling Prohibition and Enforcement Act to a Department of Defense (DOD) authorization bill.

L2 strong now.

5 v 1 @58/63

Small tick up on the bid at close. Bit of a no brainer this one with SBT on the move up :)

anyone notice 2,500,000 buy on playtech late on......also been told spread bet company IG have their own market makers...no wonder we get fleeced

Frist fails in bid to attach online gambling ban to military bill
2:40 PM, Wednesday, September 20, 2006 by


The National Right for Online Gaming (NROG) confirmed through their sources in Washington D.C. that Senator Bill Frist failed in his attempt to add the Internet Gambling Prohibition and Enforcement Act to a Department of Defense (DOD) authorization bill.


The Senate Majority Leader was attempting to push the online gambling ban through the Senate by attaching it to a bill that authorizes military operations such as those in Iraq and Afghanistan. The move would have moved it through the Senate without having it taken to a floor vote.

The NROG has three sources they're working with to gather information about what's going on with the bill. Jason Bailey, NROG director of development, said one of their sources knew as early as Friday that Frist's effort had failed, but it was confirmed by all of their sources this week.

"We were hesitant to announce this 'victory' until all three of our sources confirmed it," Bailey said. "The actual DOD bill will be out of conference today, but we are confident in our sources that the gambling language has been removed."

Frist came up against opposition from both sides of the online gambling issue as well as from both the Senate and the House during his attempt. According to the NROG some people wanted all of H.R. 4411 added to the DOD bill, not just the payment process part, while others didn't want it at all.

"Most opposition came from those on the Armed Services Committee," Bailey said. "Senator Carl Levin (D-Mich.) and Senator John Warner (R-Va.) were the two most influential, although it's important to note there were several other key players that stopped him - this time."

Frist will likely continue to look for another bill to attach the online gambling ban to as the remaining days of the session wind down for the year and time runs out for the Senate to bring the bill to a vote.

"I believe Frist will try to keep it closer to the vest this time to avoid the outrage that he received when he went after the DOD bill. I don't think he expected it to raise as many eyebrows as it did," Frist said. "Expect him to take a much more quiet approach if he tries it again. Our sources tell us he has every intention of doing so."

The NROG, a nonprofit organization created to help fight an online gambling ban, is urging people to continue their efforts to make their voices heard on the online gambling issue by calling, writing, an e-mailing their representatives in Congress in order to prevent the bill from passing or being attached to other legislation.

Maetro, PapalPower has already mentioned it this morning.
But thanks anyway