Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yous do know that MGM resorts have nothing to do with MGM studios right?
Yes, but the bill proposes that sports betting would only be allowed in person in race tracks in the four counties previously mentioned and Sacramento isn't one of them. Perhaps I'm missing something?
Please see the link below:
https://www.gamingtoday.com/news/california-sports-betting-initiative-gets-deadline-extension/
The link below shows the sports betting bill proposed by the Indian tribes:
https://www.oag.ca.gov/system/files/initiatives/pdfs/19-0029A1%20%28Sports%20Wagering%20%26amp%3B%20Gambling%29.pdf
If you read the bill in the link above, you will see that the Indian tribes propose that in person sports wagering is allowed in licensed racetracks in the following 4 counties: Alameda, Los Angeles, Orange and San Diego.
The Cal Expo racetrack is located in Sacramento County and it's not one of the 4 counties listed above. Therefore in person sports wagering wouldn't be allowed in the Cal Expo race track, if the Indian tribes bill were to be passed.
https://sportshandle.com/california-sports-betting-2021/
"The tribes collected 1,427,366 signatures and need 997,139 to be valid to move forward. At the current percentages, 1,081,968 would be valid".
Currently 75% of the signatures collected from the Indian tribes are valid. According to my calculations they need approximately 70% of the signatures to be valid to get to the required amount needed.
https://elections.cdn.sos.ca.gov/ballot-measures/pdf/1886-fullcheck-4-28-2021.pdf
Thanks for the informative responses brightly. It seems that pari-mutuel betting can be applied to any sport, not just horse racing. So if sports betting gets legalised then Watchandwager could do that, whether it's just on track or on track and online.
So if sports betting is legalised then it should be great news for Watchandwager regardless of whether it's just on track or on track and online?
So if sports betting is only allowed at a racetrack then Webis will hopefully be allowed to do it. This would be a brilliant outcome for Webis.
If sports betting is allowed at a racetrack and online then hopefully Webis will be able to do it on both. This outcome is better again for Webis.
So the main question is, will Webis be allowed to do sports betting under its current licences and contracts?
Am I correct in saying that the licence from the California Horse Racing Board is for online betting and it expires in 2022 and the contract it has with the CalExpo track is for on track betting?
Webis Holding's California licence seems to only be to 2022, according to the link below from the Webis website:
https://www.webisholdingsplc.com/2020/11/20/watchandwager-renews-key-california-license/
Thanks for the reply Ian. Apologies if I came across all doom and gloom, I assure you that's not the case. I only came across this stock last Saturday and I seen great potential, in fact now it counts as 100% of my portfolio.
I agree that I think it's inevitable that sports betting gets legalised in California by 2022 at the latest.
I guess what I'm trying to figure out is:
1. Will Webis be allowed to do sports betting under their horse racing board licence?
Or will they have to get a new licence to allow for sports betting as well?
2. Since Webis have an online licence and an on track licence I'm assuming that they're in a good position regardless of whether only on track or mobile sports betting is allowed? So even if the Indian tribes don't get their bill passed Webis would still be fine. Although Ideally the Indian tribes get their bill passed in this recall election, as Webis betting licence is only until 2022 (according to their website).
Hi all, I'm new to this group and I was hoping that someone could help answer the following questions please:
What do yous think will happen to the share price if the Indian tribes don't get their bill on the ballot this year? Or if they do, but it doesn't pass? I'm assuming it will drop a substantial amount?
I think I'm right in saying that "Webis" has licences to take both on track (CalExpo) and online wagers in California. These are due to expire in 2022. Will their licences be much harder to obtain for Webis at the end of 2022 if Californian's have voted to legalise sports betting by then? Surely the licences will be more expensive at least? Would the bigger players not get these licences instead?
Good morning all and a happy Easter.
If Boris comes out tomorrow evening as expected and announces how they plan to reopen international travel, but don't give any dates. Do you all think there will be much of a change in the share price?
I'd imagine it will be positive, but nothing massive?
Regards
Charlie
Good morning all and a happy Easter.
If Boris comes out tomorrow evening as expected and announces how they plan to reopen international travel do you all think there will be much of a change in the share price? Assuming there will be no dates mentioned and no mention of cruises?
Regards
Charlie
Hi all, first time posting on here.
I'm currently long on Go Ahead Group and as you will all know It's done well recently.
Part of me thinks that it could continue to do well for another while, due to the pent up demand and the fast vaccine rollout.
It was at 2,160p just before covid hit, so I'm not sure what level it could potentially go back up any time soon. Surely there will be still some social distancing put in place etc.
Part of me thinks that if it could get to 1,600p in the next month or two. Which would be approximately 25% off its pre covid peak.
What do you all think?
Regards
Charlie
Hi all, this is my first post to this chat. I used to be on the Advfn chat, but it's full of wind up merchants, so I left and never looked back. This chat seems to be a different story though thankfully. I've got circa 8,000 shares at this moment in time. I bought them around the £3.70 mark recently and I plan to hold them for at least a year or two. So I hope you're right with your prediction lol @ Banburyboy