George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Playtech’s forward surge has been helped by the William Hill Online experience and its extended contract with RAY, the Finnish operator. There are already rumours of a purchase of Sportech providing Playtech with more sporting brands like The Football Pools and Vernons as well as a significant share of the lucrative fixed-odds betting terminals market in the UK. Playtech’s revenues for sports betting at the moment are at just €4.6 million which is far behind its casino revenues leaving room for a challenge that Playtech is sure to take up.
Hi mate, very quite board here! I was thinking about getting in here after the director buy.....glad i held off as sp has tanked since then,but i stil lbthink i will get in at some point inf. Any research orvnews would be very welcome.
Notice of Interim Management Statement Playtech (LSE: PTEC), the international designer, developer, licensor and provider of software and services for the online, mobile, TV and land-based gaming industry,announces that it will issue its interim management statement for the quarter ended 31 March 2013 and a trading update, on Thursday 25 April 2013. The Company will host an analyst conference call at 9.30 am on Thursday 25 April 2013.
Pay a Special divi and plough the majority into new licences and aquasitions in new and emerging markets, as mor says the future is instant inplay betting on mobile and tablets.and only 10‰ of folk have smart phones at present, next few years though, smys the limit.
Chances are that Ralph Topping, William Hill’s Chief Executive, will press ahead and could announce his intention to do so at full-year results on Friday. Investors could balk at the eventual asking price — bullish estimates suggest it is worth just shy of £500m — but they should bear in mind two things. One, the joint venture has been a big financial success. When Topping took the reins, William Hill’s internet strategy was in disarray. Today it is among the industry’s winners. Two, can Topping afford not to buy it now? It will be some time before he is entitled to another attempt to acquire the joint venture outright, and if it continues to perform it will only get more expensive, says The Sunday Times´s Danny Fortson
Growth here and Asia will be huge IMO Keep up the research, mate Governor Christie Signs New Jersey Online Gambling Bill By JOHN MEHAFFEY Published: February 26 2013 Online gambling is now legal in New Jersey after Governor Chris Christie signed A2578 into law this afternoon. The bill passed the Senate 35-1 and the Assembly 68-5 before heading to Governor Christie’s desk this afternoon. The new law allows Atlantic City casinos to offer poker and casino games over the internet. Governor Christie had vetoed a similar bill twice in the past. The first veto came in 2011 when Governor Christie declared that the bill was unconstitutional. He conditionally vetoed an online gambling bill again earlier this month, giving several conditions to state lawmakers before he would sign it into law. The changes included more transparency in the licensing process, a tax rate of 15% as opposed to the original 10% proposed, and more money allocated for problem gambling programs. There is a long road ahead before players can start wagering over the internet in New Jersey. A long licensing and testing process is ahead for all companies looking to join the online gambling market. The first regulated online wager is expected to be 1-2 years away. New Jersey becomes the third state to legalize online gambling. Nevada released online poker regulations in December 2011. Delaware adopted regulations that allow poker and casino games in June 2012. The signing of the bill should give the green light to the PokerStars acquisition of the Atlantic Club. PokerStars is hoping to receive a New Jersey gaming license and join the New Jersey regulated online gambling market when it goes live.
http://www.telegraph.co.uk/finance/economics/9890957/Week-ahead-in-business-and-economics-Feb-25-March-1.html Friday • Bookmaker William Hill reports full-year results, with Deutsche Bank expecting earnings before interest, taxes and amortisation of £330m.Investors will be keen to hear more about the company's purchase of Sportingbet, undertaken with partner GVC, William Hill is also expected to confirm its acquisition of Playtech's 29pc stake in joint-venture Wiliam Hill Online.
http://pokerfuse.com/news/law-and-regulation/nj-legislature-vote-governors-changes-online-gambling-law-25-02/ U.S.......Affirmative vote expected Tuesday, followed by a signature from Christie. “Now is the time for our State to move forward, again leading the way for the nation, by becoming one of the first States to permit Internet gaming,” he said in a statement after the veto. The State Senate and Assembly are expected to vote on the governor’s changes Tuesday. Expected to pass rather swiftly, the new bill would then be sent back to Christie to sign.