Member Info for maltaproperty

SP currently up 2% so looking promising.

The partnership with Treasure Island, a top tier casino property and operator in Las Vegas, is a further step forwards and another vote of confidence in our technology and people. We are well positioned to become a market leader in Nevada and other states as they regulate online poker going forward."

More good RNS news to reassure investors: US Joint Venture Agreement and Nevada Poker Contract · Final strand in US online strategy · Fully funded platform for B2C · Leverage strength of 888 brand in US market · Nevada Poker Contract signed with Treasure Island 888, one of the world's most popular online gaming and solution providers, has announced today that it has entered, through a wholly owned US subsidiary, into a joint venture agreement with global investment firm Avenue Capital Group to launch and operate a comprehensive B2C gaming offering in the US market upon regulation. The newly formed company, incorporated in Delaware, called All American Poker Network (AAPN), will launch 888's brands into the US market using 888's leading gaming platform immediately as either Federal or state based regulation is finalised and upon licensing by gaming authorities. Additionally, 888 announces an agreement with Treasure Island, one of the most prestigious and well renowned Las Vegas operators, for the launch of online poker in Nevada through AAPN. This deal will see AAPN provide 888's award-winning poker and back office platform to Treasure Island for the launch of an online poker proposition, once the appropriate license is in place. As announced on 7th March, 888 became the first non-US operator recommended by the Nevada Gaming Control Board to the Nevada Gaming Commission for the approval of licensing as an Interactive Gaming Service Provider. Receipt of this licence will allow AAPN to launch the real money 888poker brand in Nevada as the first step, once all certifications are in place, expected later this year. This deal follows 888's partnerships with Caesars Interactive Entertainment and WMS, signed last year. Avenue Capital Group has other interests in various terrestrial casinos and entertainment companies, making them an ideal partner for 888. Brian Mattingley, CEO of 888, commented: "This is the perfect deal for 888, providing the ideal platform through which to launch our B2C brands into the US market, once regulated. Our WSOP agreement with Caesars gives us an excellent B2B deal with one of the largest global gaming brands and most prominent casino operators, and we also have a strategic alliance with one of the largest gaming machine manufacturers in the world, WMS. We now have a significant financial partner for our leading B2C product - the final piece in the jigsaw, completing our US online strategy. The agreement sees a leading US financial institution backing one of the largest gaming platform operators in the world, joining forces to tackle a potential huge market. Working with a substantial financial partner provides the firepower that we need to take advantage of the significant opportunities that will be provided by a regulated US gaming market, and we are enormously excited by the opportunit

Would see a massive boom in SP should it be approved in Spring. Really positive news.

The dip was more in regard to the current software agreement relationship with Ceasers. From the news i just posted and year results the SP should at least hold this coming week. It will put us in a good position for the Nevada license news. Any negative news might not give us the positive impact on the SP that we're looking for come approval. I will be selling after approval to invest in Bwin. GL

This should help the SP - http://www.reuters.com/article/2013/03/09/onlinepoker-federal-idUSL1N0C01JK20130309?feedType=RSS&feedName=marketsNews&rpc=43

Yes, i contacted them directly and that's the reply :)

Not much to go on..."The agreement with Caesars is not and has never been exclusive, but it is for the WSOP brand, one of the most recognisable gaming brands in the US. 888 is also the only non-US company to have been recommended for licensing by Nevada. The Company is very well placed."

Panmure says concerns are starting to surface over the “depth and breadth” of its software agreements with casino gaming company Caesars Interactive Entertainment. Reports have also emerged that talks with Trump Resorts, which manages casinos in gambling haven Atlantic City, have broken down.

It's a few things pushing the SP down. Barclays didn't help http://www.dailypolitical.com/finance/stock-market/barclays-capital-reaffirms-underweight-rating-on-888-holdings-888.htm Think i will look to buy Monday.

I wouldn't worry too much about the license. If they were not to get they wouldn't have been recommended by the board. 888 will release full year earnings Wed which should hold the SP from any drops. Investors will want to get on board over the license so the SP should turn within a few days.

http://www.forbes.com/sites/nathanvardi/2013/03/05/the-battle-for-online-poker-between-pokerstars-and-caesars-entertainment-goes-to-new-jersey/

Been looking over a few things and i doubt we'll see another big of drop on the Nevada news. I have set some limits to buy back.

Personally i wouldn't sell if i made a loss. Come the 21st if they get approved the SP will fly north for sure, so you're recoup any losses and hopefully have some gains. Patience is the key. Just keep an eye on the SP.

Same here. Thinking it might drift down until late next week. Then again i have a feeling it will rebound tomorrow. I can't invest when i'm indecisive :D

It will interesting to see which way the SP will go tomorrow and next week. Personally i think it could go either way. You'll have the buyers wanting a cheaper price before the license date and other the other hand the sellers who have doubts.

To be honest i think 888 have hit the bubble and the air is slowly leaking. I see it only good for short term punts. I bought at 1.51 and on the way up so made a good gain. I had over 40k on 888 and didn’t want to risk and hold. I might buy back in just before 21st on the gamble on the license for a quick buck. Will check out the news first tho. Then everything will go into Bwin. Bwin are still undervalued and have a lot to give. They also have a strong long term relationship with MGM, not like 888 with Caesars. On any news from the states Bwin increase double than of 888 being the bigger of the two. 888 had a good 2012 and i think it's going to be hard for them to beat it or be in line with expectations. Bwin on the other hand were more in line with expectations and have an easier target to beat. Plus we'll see the launch of zynga poker plus and casino sites in May. Saying that if 888 get the license then they're in a very good position to progress in the long-term.

Currently down 5%. I got out at 170, will be very interesting to watch.

I got out on 170 on a tidy profit and will look to buy back before license date. GL

Will get back to you on this :)