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Title: sportingbet sale Post by: Ironside on October 13, 2006, 05:42:53 PM sportiingbet has sold its US arm for only $1
full details on the bbc http://news.bbc.co.uk/1/hi/business/6046674.stm Title: Re: sportingbet sale Post by: TightEnd on October 13, 2006, 05:51:49 PM those businesses that are not plc's or quoted on overseas stockmarkets yet like FTP and PS have significant flexibility in taking time to respond to the new law whereas those quoted like Party and Sportingbet have to act quickly for corpoate responsibility reasons and to put a floor under their share rpices
I expect significant consolidation in this market on a 12 month view Title: Re: sportingbet sale Post by: lvlarc_uk on October 13, 2006, 06:05:03 PM I've been a member of Sportsbook.com for a few months, I placed a wager on there yesterday and afew hours later relogged in to find this message..
Quote Your account has been disabled. Your customer ID is 235325855. Please contact customer support. North America: 1-800-372-0333 International: +506-282-1004 Fax from North America: 1-800-201-4919 Outside NA Fax: 1-208-567-3627 I spoke to live help and he said this.. Quote Bolton Allen: Sorry Marc but due to recent changes in US legislation, all non US based accounts have been shut down. Few hours later and they said this Quote Due to a recent change in ownership a new policy has been implemented which means only US customers are allowed. Sent a few emails and slept on it, spoke to live help again this morning and they said they are working on migrating all NON Us accounts to Sportingbet.com Title: Re: sportingbet sale Post by: byronkincaid on October 13, 2006, 08:00:24 PM those businesses that are not plc's or quoted on overseas stockmarkets yet like FTP and PS have significant flexibility in taking time to respond to the new law whereas those quoted like Party and Sportingbet have to act quickly for corpoate responsibility reasons and to put a floor under their share rpices I expect significant consolidation in this market on a 12 month view Apparently Absolute bought Ultimate Bet today |