Sporting Bet. P/E of 10 growth of 723% and more to come!

Yes,my best wishes to all

Chigwell mick

1/ no SBT in SOuthern Africa but BetFair is pushing hard in to SOuth Africa and the PRTY adverts I have mentioned

2/ THanks for your experienced insight.Notwithstnding I have opened a comparatively small short on WMH. I think that the nature of the game has changed for the big bookies over the past few months:

a/ margins are being squeezed by Betfair on the horses and by
speciality operators re sports betting particularly football

b/ The UK bookies have no advantage re worldwide branding ( Ladbrokes
possibly more than Paddy Power and WMH ) so no name recognition
advantage as in the UK re global audience

c/ seem behind the leading pack in poker offerings

d/ as I mentioned on the PRTY page I noticed the last 3 / 4 times I
wandered in to a bookies just before Xmas that no-one was playing
the fixed odds gaming machines/ vitual casinos ( 2 Ladbrokes shops )
and I wonder if the growth from these has peaked

All IMO and I could be very wrong,and contray view welcomed

InAfrica