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This is the 2nd Tweet (X?) I’ve seen on the topic - could legislation make the 2024 calendar yet in California?
https://x.com/matthewkredell/status/1711321565839978642?s=46&t=reOxS0uqKjgSconptGwvHQ
Also, with MGM advertising their online betting service in the U.K., I do wonder why we ever stopped our betinternet.com site (it’s been so long I can’t remember the reason).
Well whatever it may or may not mean for us - betting was approved in North Carolina - if not a direct benefit, it shows the other states that it is possible to get the law passed, and like NY are showing, the amount of money that could be added to the government coffers
https://twitter.com/matthewkredell/status/1669025781690040325?s=46&t=reOxS0uqKjgSconptGwvHQ
Anything in this for us? I don’t think we have a licence there already …
https://twitter.com/matthewkredell/status/1666515236701241345?s=46&t=reOxS0uqKjgSconptGwvHQ
Just to say I’m a LTH and pro the company (though patience long gone) - I’ve not seen much discussion about the part Terrafin highlighted RE:
"The New Warrants will also vest in the event that there is a change in control of the Company."
What exactly does that mean ? PC steps down or gets kicked off and the warrants exercise? If no deals materialise this year and he steps down, then he gets the buy the options anyway?
It’s about time we benefitted from our licence portfolio ….
https://twitter.com/lspreport/status/1634118145689497603?s=46&t=reOxS0uqKjgSconptGwvHQ
I know we have other licences - but CA has always been billed as the ‘big one’ I hope we don’t have to wait longer than this year ….
https://twitter.com/matthewkredell/status/1577411926430076928?s=46&t=7XYDsjFjSfVoedFGLPchTw
https://www.playca.com/048234/ca-online-sports-betting-initiative-on-pace-to-qualify/
It looks like the race to get California betting is hotting up - $100m pledged to win the race for mobile betting - all gotta be good for us … I hope !
https://twitter.com/matthewkredell/status/1436405794589667337?s=21
Re: Dividend
Normally a share price drops with the divi-payment, but this is not a normal situation.
Thinking out loud, I’m kinda expecting that they will announce something like the DFS results at the same time as the dividend payment (maybe for the sales this season) and the share price continues to go up, or re-rates up based on the news released at the same time.
Just my musings ..
… or needed to apply since we have a licence for NY already don’t we?
https://twitter.com/mazznyc/status/1424724526273908739?s=21
This will drift without news ... maybe also CA closing its door to sports betting in 2021 is also part of the weakness today (I never thought 2021 was possible anyhow)
https://twitter.com/MatthewKredell/status/1417595864348954624?s=20
Otherwise, will continue to add as you guys are ....
Do MM’s really hold shares? My guess was they’ve been accumulating them for the trade for a while, hence the price slightly depressed recently.
I never really understand whether the MM’s hold stock themselves or they just match buyers and sellers.
It’s going to be interesting how the market reacts - hopefully a little pick up on the cards before news
Hi Safe,
Not at all, and I am sure PC and the team are working on it.
What I meant is … don’t expect us to drop everything else whilst whatever is happening in Nevada is happening.
Of course we are going to continue to drill and explore our other prospects, cos that’s what we do.
We don’t know the detail of what is happening behind the scenes, and I can see how some are frustrated that maybe we should be putting more effort into Nevada and not progressing other prospects, but we don’t know the next step is on our table and that’s not who we are, we gotta keep all things moving where possible. I’m sure we are progressing Nevada appropriately.
I agree more news would be welcome, however, if things go past suggested dates due to no fault at the company, people just slate PC and the company, I kinda understand why they wouldn’t want to put their heads above the parapet just to have all the grief when they miss.
All IMO