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ShInvestors Still Like FOBT Stock Shares

Wednesday April 30,2014 :  INVESTORS STILL LIKE BOOKIE SHARES
 
Despite the media doom and gloom over betting shops and FOBTs, shares are on the way up.
 
Investors could be forgiven for having reservations about buying shares in British bookmaking companies after the past few weeks of media and activist bashing on betting shop proliferation and fixed odds betting terminals, but in fact industry rumours and looking on the brighter side are pushing share prices back up.
 
Reuters reported Tuesday that suggestions that the government crackdown on betting shops and maximum betting levels on FOBTs had a more positive side and mitigated earlier fears of severe impacts.
 
And in the case of Ladbrokes, the persistent industry rumours that Paddy Power is working with private equity companies with the goal of acquiring the major online and land betting group boosted interest in the company.
 
Ladbrokes, along with other key players in the bookmaking sector, may also benefit from the veto power handed to local councils regarding the licensing of betting shops; analysts have pointed out that this is a restriction that will have benefits for already established companies, because it will make it harder for new competitors to expand into their High Street business areas.
 
More optimism has also been generated by suggestions from reliable sources that the government's crackdown on FOBTs may not be as severe as was first thought. Instead of chopping the maximum bet possible, it now appears that the government will be satisfied if an alternative regime is introduced whereby punters will have to interact with betting shop staff if they want to bet more than GBP 50 on the terminals.



Gambling News :

3 Top Bitcoin Poker Sites - Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.

Kentucky Derby Odds: Justify still Favorite - With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.

$40,000,000 guaranteed Partypoker Powerfest - $40,000,000 guaranteed POWERFEST schedule released. 6th-20th May, 366 events, 13 events with $1,000,000+ guaranteed

888Poker Takes Over the States - With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?

Top gambling ICOs to watch this year - The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.

MPN Poker Tour Bratislava Results - Alex Hendriks Wins Inaugural MPN Poker Tour Bratislava Main Event and €27,000

MPN Poker Tour Bratislava | Day 2 - It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.

MPN Poker Tour Bratislava Day 1B - Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today

MPN Poker Tour Bratislava Day 1A - The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.

Famous professional eSports player that turned into poker - It goes without saying that nowadays eSports is one of the fastest growing industries. However, similar to regular sports, the professional gamers are struggling to find themselves after their career is over.

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