goldfinger
- 05 Dec 2003 00:33
Up nearlly 15% today and I beleive there could be more to come.
Evil Knievil has tipped it on EvilCast and has bought in 100,000 worth of stock a notifiable interest. He rates the management very highly and says they are attracting all the big bookmakers to the online casino site including punters the likes of William Hill, Chandler, and Ladbrokes. The company are now running at a profit every month and should break into a yearly profit from the years previous loss very soon. The company also ownes in partnership with a Swiss firm Boss another casino site and by all accounts that is doing well.
Im looking at this one as a momentum play pretty high risk as there are competitors out there but I feel the management will give it the edge.
Please DYOR, and remember you are responsible for your own buying and selling actions.
cheers GF.
mickeyskint
- 24 May 2006 11:51
- 964 of 1117
Nice to see the Directors dipping their toes in the water. I'm also pleased to see I bought cheaper. It's looking good but patience is still required.
LOL
MS
doughboy66
- 24 May 2006 17:09
- 965 of 1117
Your right about patience Mickey in these market conditions,i think i will keep away from the computer for a while and hope for a turnaround in market sentiment.
Nice 1,250,000 buy went through at the end.
acarroll79
- 13 Jul 2006 15:40
- 966 of 1117
whats happening here?! nasty little drop this last month.....
argos7
- 13 Jul 2006 22:57
- 967 of 1117
anyone no what is going on with gmc, no news on whether the vodaphone deal has gone live yet?
wjordan
- 14 Jul 2006 00:08
- 968 of 1117
Went live a couple of days ago. As did the search adverts gambling.co.uk.
Too late to have much impact on this years revenue, but better late than never.
aimtrader
- 15 Jul 2006 11:37
- 969 of 1117
hell of a chart!!!
What sent the price down???
aimtrader
- 15 Jul 2006 11:37
- 970 of 1117
aimtrader
- 15 Jul 2006 11:38
- 971 of 1117
the price looks to be hanging on the edge of a a cliff!!!
acarroll79
- 18 Jul 2006 14:15
- 972 of 1117
any reasons for this sudden drop?!
JT Master Investor
- 18 Jul 2006 15:40
- 973 of 1117
LONDON (Reuters) - Fears of a crackdown on online gambling in the United States knocked another 600 million pounds off UK gaming stocks on Tuesday after the FBI moved to shut down the U.S. operations of BETonSPORTS.
Gambling executives in the $12 billion (6.56 billion pound) industry were also assessing their personal exposure after BETonSPORTS said it had been unable to contact Chief Executive David Carruthers, who was detained on Monday and is being held in Fort Worth, Texas.
A U.S. indictment seen by Reuters laid out criminal charges against a number of individuals including Carruthers, who had spearheaded a campaign to defeat a Republican-written bill to crack down on online gambling, and BETonSPORTS founder Gary Kaplan.
After losing over 300 million pounds on Monday, stocks in the sector fell again after BETonSPORTS asked for its shares to be suspended. Sportingbet was down 12 percent at 1134 GMT (12:34 p.m. British Time), PartyGaming down 7 percent, and 888 Plc and BETandWIN both down 10 percent.
NATWEST THREE
"The language used in the Department of Justice release suggests to us there is the possibility that other Internet sports books could be targeted," said leisure analyst Richard Carter at Numis Securities.
BETonSPORTS said it was urgently trying to clarify the situation and assess the impact of a temporary restraining order on its business in the U.S., its biggest market.
"This comes a week after the extradition of the NatWest Three, and a lot of companies will be looking at their travel plans," said leisure analyst Wayne Brown at Altium Securities, referring to three British bankers extradited to the U.S. last week on fraud charges linked to the defunct energy giant Enron Corp.
"It's not just travel," said one UK gaming executive who declined to be named. "The U.S. has proved it can get to anyone it wants in the UK. A lot of executives are feeling very uncomfortable."
Prime Minister Tony Blair's spokesman declined to comment when asked whether gaming executives could be extradited to the U.S.
The U.S. Department of Justice said on Monday that BETonSPORTS was among 11 individuals and four corporations facing various charges of racketeering, conspiracy and fraud.
The founder of BETonSPORTS.com, Gary Kaplan, 47, was also charged with 20 felony violations, and a warrant has been issued for his arrest, it added.
"BETonSPORTS.COM and other gambling Web sites operated by Gary Kaplan and his co-defendants offered gamblers in the United States illegal wagering on professional and college football and basketball," said a copy of the indictment seen by Reuters.
The indictment lists violations from 2001 to as recently as April, 2006.
It includes violations of the "Wire Wager Act", which gaming companies such as 888 and PartyGaming have always viewed as a reason not to enter the U.S. sports betting market.
The Federal Bureau of Investigation (FBI) has instructed four telephone companies to stop providing services to BETonSPORTS, the company said, citing the U.S. Department of Justice.
The United States has also filed a civil case ordering BETonSPORTS to stop taking sports bets there and to return money held by U.S. customers in their gaming accounts. A hearing in the case could be held within 10 days.
andysmith
- 18 Jul 2006 17:10
- 974 of 1117
On holiday at moment, my stop-loss chucked me out at 9.75p thank God.
Tempted to buy back in at this price but where will the drop stop???
This company appeared under-valued when I bought in with plenty of upside so this crash was unexpected and until I know why I'll keep the cash.
Pommy
- 19 Jul 2006 08:22
- 975 of 1117
GMC shouldnt be affected as they have steered clear of the US market from what i understand!
2517GEORGE
- 31 Jul 2006 16:55
- 976 of 1117
Nice strong finish to the day.
2517
argos7
- 31 Jul 2006 17:31
- 977 of 1117
great finish the day back at 10p nearly with lots of big buys during its drop recently should mean there are less shares available to buy and the price will raise further.
2517GEORGE
- 01 Aug 2006 11:11
- 978 of 1117
Let's try to turn the tide---------No buys yet.
2517
2517GEORGE
- 01 Aug 2006 16:24
- 979 of 1117
That didn't work then.
2517
argos7
- 30 Aug 2006 21:20
- 980 of 1117
anyone got any news on this share, the share chart looks a mess!
derwent
- 15 Sep 2006 09:09
- 981 of 1117
Fom advfn - sabretooth
I am a buyer at these levels. Re-entering after selling at 9's back in July. There was a big gaming stocks write up in shares mag yesterday. GMC got 4.5 stars out of 5 on the back of its business model and limited US exposure. It was one of the highest rated of all the gaming stocks. Those with heavy US exposure recieved 2 out of 5. A blistering trading update will push us back over 10p. Good luck all.
2517GEORGE
- 15 Sep 2006 09:20
- 982 of 1117
derwent--- I hope he is right, I had a reasonable holding of GMC which this week I have added to significantly at a lower level.
2517
derwent
- 15 Sep 2006 09:37
- 983 of 1117
There is an update due first week in October. I hold over 300000 at an average 10p. I bought in on the back of a Canaccord recomendation and target price of 24p.