Member Info for TexasPete

Highlights · Group revenue US$75 million (Q1 2010: US$69 million), an increase of 9% year-on-year and a 6% increase compared to the strong Q4 2010 · Revenue B2C US$64 million (Q1 2010: US$59 million), an increase of 9% year-on-year and a 7% increase compared to Q4 2010, boosted by growth in all product lines, especially Casino and Poker · Revenue B2B US$11 million (Q1 2010: US$10 million), an increase of 5% year-on-year and a 3% decline compared to Q4 2010 · Number of active customers B2C Casino and Poker at 302,000, a 39% increase compared to Q1 2010 driven by successful new customer recruitment and marketing initiatives · As at 31 March 2011, 888 had 9.2 million Casino, Poker and Sport real money registered customer accounts, representing an increase of 21% since 31 March 2010 · Strong current trading continues

I agree with you, I'm holding, just wish I had some more funds to top up at this price!

SP keeps falling, I know they aren't making a lot of money right now, but moving to increase production, anyone have and thoughts as to why the share price keeps falling? I think this is well passed the year low now.

seem to have been buying a few more shares, check out rns when it appears on LSE

perhaps you could be right, share price holding up well

Gig's stake in the company is valued at around 850k, so I guess he could of been keen for the takeover to happen, however this is peanuts compared to the majority shareholders, who if they see 888 as a good bet for the future then I suppose they wouldn;t be in favour of the takeover. It doesn't look good, one would assume Gigi may have stepped down in protest as the reuters report suggests, lets wait for rns tomorrow and I guess sub-40p for a while, annoying. The one bit of good news is he is staying on the board.

(Reuters) - Online gaming firm 888 said on Sunday that its chief executive Gigi Levy is to step down from his role. "Gigi has decided to step down, leaving the company well positioned for the future," a statement read. British media reports had said that Levy was to step down after becoming frustrated with the slow progress of a potential takeover by British bookmaker Ladbrokes but the firm said this was not the case. "This had no bearing on the takeover talks with Ladbrokes, discussions are continuing," an 888 spokesperson said on Sunday. The company said Levy would commit up to 50 percent of his time for the next six months to assist the transition to a new CEO and would remain on the board. Senior independent director Brian Mattingley will "work closely with management on all aspects of the business" during the search for a replacement. On April 1, Reuters reported that Ladbrokes was weighing up a higher offer for 888 after an initial proposal failed to win the support of 888's founding shareholders. According to Reuters sources, Ladbrokes had initially offered 70 pence per share for the business, valuing it at around 240 million pounds. 888 said that trading into the second-quarter had continued to be strong.

wow, a lot of shares were bought in the last hour, lets hope we see a 15% gain tomorrow like in oz, potential is there!

Gold reaches all-time high of $1,457 per ounce Chequemate, I am hoping this ramp up in production ramps up the share price! I was in at 40p after selling out at 55p before (missed +60p though). I would like to think we are good for 45p after the recent share placing.

yes divi cancelled, lets hope this means Ladbrokes will have to pay more per share!!!

I think 80p would be a very fair price, a steal in fact, they should defintely buy 888.com :)

good to see this going back to 50p. I thought a small decline would be on the cards this morning. As this is Ladbrokes second attempt, they must get the deal done this time, possibly some Ladbrokes stock in exchange for our shares could be the option?

I had been meaning to get into a plastics recycling company for a while (but never did), I saw this company tipped in the Times yesterday as the 'Tiddler to Watch' with rumours of a 7p bid from a German company. Has anyone taken a detailed review of this companys financials, any observations? HSBC are saying the price to book is over 7, but I see ENRT have good patents in place. Any views will be welcome and I'll be doing some more research over the weekend.

I'll be topping up monday after cashing in a share today.

Barry bought another 10,000 shares again today on the aussie market

Great link, thanks. Lets hope all our patience pays off!

tipped this as a sell today! 220k buy just went through, c'mon lets see 60p at least and I'll be happy

would ladbrokes have been waiting to see the results and reaction to the share price? I am still happy to hold as i see potential for the future, really need the US to open up again though.

in the weekend press about the nevada announcement, hopefully this will put the spotlight back on 888 and the potential t/o by ladbrokes and then a rising share price!!

i guess now the US have woken up this is getting a bit more momentumn, really good news about Nevada