..

Sportingbet Trading on London Stock Exchange Suspended

Written by:
Aaron Goldstein
Published on:
Aug/16/2011
Sportingbet Trading on London Stock Exchange Suspended

One of the largest online sports betting firms in the world, Sportingbet, has suspended trading on the London Stock Exchange.

The move comes as the betting firm is in talks with Gaming VC about the possible purchase of its Greek language website.

This news has further prompted speculation that Sportingbet could be purchased by rival Ladbrokes.

Analyst James Hollins of Evolution Securities today reiterated his firm’s ‘buy’ stance on Sportingbet shares: “We think the sale of Sportingbet’s Turkish operations will pave the way for a Ladbrokes takeover of the group.”

Hollins added that: “We think the market is consistently failing to ascribe any value to Sportingbet’s Turkish operations and we would regard a sale as beneficial to its EV and subsequent valuation.”

- Aaron Goldstein, Gambling911.com

300x250 £ 300x250 £

Business/Financial News

Bitcoin Sportsbook Deposit Bonus Offers

Here you will find the latest bonus offers at some of your favorite online sportsbooks.  These sites typically offer their best bonuses for funding with Bitcoin as this is the easiest method to deposit and withdraw. 

Bitcoin Worldwide Acceptance Monitor

Bitcoin Worldwide Acceptance Monitor

Here you will find all the latest news pertaining to Bitcoin's worldwide acceptance.  Bitcoin and other cryptocurrencies now account for upwards of 70% of all funding at many online gambling sites operating in restrictive (or highly regulated) markets. 

How Cryptocurrency Can Benefit You at Online Casinos

How Cryptocurrency Can Benefit You at Online Casinos

There are plenty of benefits for making cryptocurrency your payment method of choice when playing at online casinos – read on to find out more!

What is a Bookie?

What is a Bookie?

A bookie is someone who accepts wagers or bets on sporting events, and when the bets win they pay the players with the winning wagers and collect money from players with the losing wagers. A bookie can do this by accepting wagers over the phone with paper and pen or he can use a pay per head service.

Bet What Happens First?  Dow Hits $30K? Dow Hits $20K?

Bet What Happens First? Dow Hits $30K? Dow Hits $20K?

The Dow took quite a tumble Friday and this has prompted Betonline to offer a prop bet on what happens first: The Dow hits $30K or it hits $20K.

Syndicate