The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Nevada reports $646.5 million in sports betting handle for Jan. 2021, the state's second-highest total ever (Oct. 2020).
Books won $52.38 million, the fourth-highest total ever.
Hold on in there I'd say. Plenty of positives moving forward, huge market in US to go at. Record gambling figures so looking forward to results in April. Quality tech offering and plenty of 'buy' ratings to back this up. Feels like just the start. Bid always possible but if not then in my opinion will do just fine. 888 in New Jersey already and seen below today
https://www.cardplayer.com/poker-news/25716-online-betting-drove-new-jersey-s-gambling-revenue-increase-in-january
Good luck all.DYOR
US market is really exciting I’ve got draft kings and have been doing very well.
I’ve bought back in here and am aiming to slowly build a substantial holding this time.
Just seen draftkings results on friday and flying.
Following is a summary of research actions on European companies reported by Reuters on Friday
888 Holdings Plc : JP Morgan raises price target to 350p from 300p.............. Brokers targets all going in the right direction
Jefferies 380 the other day . It all bodes well for this company
You and wolfworks have had me scratching my head with Draftkings... I thought it was brewery but no, its a sports bet company and hugely up today 10% ............ US company's often go up fast and at a mad pace .
On our side of the pond we have to be patient and wait for the slow but sure increase that 888 will deliver but saying that still up 6 points today
It’s a good case study for what’s possible if the US can be cracked. I think there are 20 states that are considering relaxation of their online gambling rules.
I feel most will relax the rules as it will bring in tax revenues. Potential in USA is massive!!
what's brought this down to day, any body know.
It was up first thing this morning ( cant find any related news)
Seems to be the way this share rolls currently. Nothing new to add. Seems to recover quite often towards end of the day. Floating around same levels now for a while. April 13th seems to be year end results so see what that brings. Last trading update a positive of course
Yes you are right Cc it does roll around and recover late afternoon . This share seems to have two ranges the first one 2.97 and 3.09 it goes back and forth in between those two and the second range between is 309 and 320 .
That's our next target, to break into that second range.
Lets see what the budget brings for all of tomorrow