No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Betfair Share value has increased by 40 percent over the past 12 months
Sunday December 7,2014 : A GOOD YEAR FOR BETFAIR INVESTORS
Share value has increased by 40 percent over the past 12 months.
The respected investment column of the Telegraph newspaper in the UK was full of praise for online gambling group Betfair over the weekend, noting that investors in the plc who have hung on through the tough times have seen the value of their holdings soar around 40 percent over the past 12 months.
The newspaper compares that outstanding performance with rivals Ladbrokes and William Hill, whose share price over a similar period fell 35 percent and 11 percent respectively, although it notes that these companies have extensive land as well as online operations, and there have been higher costs and challenges in the retail sector.
Last week Betfair released its latest numbers, which benefitted from the four-yearly bonanza that is the FIFA World Cup football.
The Telegraph notes that revenue was up 26 percent to GBP 237.6 million in the six months to the end of October, and pre-tax profits more than doubled to GBP 67.3 million, when compared with the same period last year. Even excluding the World Cup effect, revenue was up 12 percent, and management increased their expected full-year earnings to about GBP 100 million.
Betfair had GBP 271.4 million on the balance sheet at the end of October, prompting an increase in the interim dividend by 50 percent to 9p per share, and a special cash return of another GBP 200 million to shareholders .
The Telegraph suggests that there couild be more good news ahead for the online gambling group, which has grown its player base by 50 percent this year to more than a million internet and mobile punters.
Betfair players are making betting bigger and more often, increasing profitability for the group, and the cross-marketing from sports betters to casino games is going well, with overall results providing analysts with a pleasant surprise.
"The online gambling group clearly has the better business model for the modern world and the momentum going into the second half of the year. That said, the shares are now trading on 24.6 times earnings, rising to 26.4 times next year as profits fall slightly without the World Cup," the Telegraph observes.
"Betfair shares look very expensive given they will not enjoy a World Cup effect next year and face the introduction of a “point of consumption” tax, which is being introduced this month and will charge a 15 percent levy on bets made in the UK. Betfair has proven to be a quality operator, but not at the current GBP 14.86," the newspaper opines, advising investors to hold.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
Tain Fast Bet -
Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.
Olympic Entertainment Group Mobile Gaming -
In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.
Circus Evolution HD Slot -
Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.
17 Crown people still detained -
Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on
SB1400 Virginia Poker Skill Game Bill -
Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.
Pennsylvania Video Gaming Association -
With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.
Stiffer Problem Gambling Penalties in UK -
The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.
Spartan Poker vs SpartanPoker name War -
Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.