RE: Re takeover 201416 Dec 2013 12:29
From experience working in the poker industry, i would say that in the long term the us is huge, potentially more so for betfair than anyone else. The contraction of online gambling in the us 2006 was enormous, but the televised gambling did not decline. So market wise it is reasonable to assume that it exists as strongly as before, and in the long run more so as more people have now experienced gambling in the mainstream media.
The uk has a far more developed betting industry than the usa, and now that the have introduced bookmaking alongside the exchange, betfair could really be flying there in 5 years time. A 15 buyout would likely not be unreasonable if year end meets expectations.
So if a takeover is coming i would suggest that it needs to be soon, as if they wait to see a) how sucessful nj is and b) whether other states follow, by then it will be too late.