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Hello. I think I am correct n saying that betting on line in USA is not banned at a federal level. It is a pity that California is so large and yet has left wing tendencies.one might say puritannical.
Hi Bruce,
Sorry to read about your little difficulty so I shall keep it brief and simple.
California is the most populous and prosperous state in the USA and has just voted not to permit regulated on-line sports betting statewide. Entain has a 50/50 joint venture company with MGM Resorts called BetMGM which majors on regulated on-line sports betting in the USA. I presumed the relevance was obvious; but in your case clearly presumed too much.
Ace Of Clubs
P.S. Do not worry about Prohibition: it was abolished at the Federal level in 1933 and things have moved on since then.
You have plenty to say but very little appears to be to do with Entain. Indeed this important and successful FTSE company appears well below the radar. Extraordinary
Nothing to worry about. Basically no to sports betting. But very much allowed elsewhere- Tribes are shooting themselves in the foot. Being on line easy to go elsewhere.. Entain beating against trend. I am very happy and Ent will make plenty from World Cup. USA very puritanical - look at Prohibition
https://calmatters.org/politics/election-2022/2022/11/california-sports-betting-what-next/
California says no.
AceOfClubs
The chart is looking better than for many months. My core holding held since GVC days
JPMorgan raises Entain price target to 2,270 (2,050) pence - 'overweight'
indeed!
German game too !
on line betting in USA is b i g peculiar results like Argentina very profitable for bookies.
I am sure the Argentina game was very profitable for all betting companies & England will have been well backed at low odds to beat Iran-but not 6-2 for those who bet on scores.If an third bid is coming lets hope its for a decent premium & by an offeror who can complete-if acceptable.Bet MGM is probably now close to break even 7 MGM dont need due diligence to know that.
Sharecast News on here dated yesterday. May have happened last week ....
It's up on a vague bid rumour from MGM.
I wonder if it's been tipped somewhere to benefit from world cup betting.
RE. That was last week in Germany ???
Ian King programme says we have gained some new licences in Germany.
I was married to a female GM for over 20 years. I think ****nal 58 might well be correct. Not averse to 20 in at about 5. Qudrple results in these conditions Yee Has
It’s endemic in the gaming industry Bruce
I am back in at 10.90
They will get taken out at 20 pound or so before the full numbers !!
Because the numbers are going too be exceptional
IMO GL Bruce
Constantly in trouble over breaches of rules including money laundering. Read it up if new to you
Bruce
What do you mean security is weak ???
The stats page will shows the yield as NIL. Should be corrected by now. This share is cheap pity their security is weak.
Reuters: Australia's Queensland state declared casino operator Star Entertainment Ltd unsuitable for a gambling licence on Thursday after an inquiry found it concealed illegal Chinese wagering payments and lured problem gamblers from interstate.
The ruling completes a regulatory sweep of Australia's casino sector. Since 2021, both Star and larger rival Crown Resorts, recently bought by Blackstone Inc, have been deemed unfit for a gambling licence in every state in which they operate, although neither company has so far been prohibited from operating in any jurisdiction.
It looks like the Australian authorities are wanting to appear tough on regulatory non-compliance. I do hope ENTAIN management is paying at least some attention.
AceofClubs
Mine showing today in my First Direct ISA.
Is anyone still waiting for their dividends? I hold in an ISA through Fineco but haven't yet received the dividends which were due last week.