BET Discussion 2022

[Lattelarry]

Hey Larry, did you send off an email?…….did you get a reply?………….BET must be holding onto the cash for some reason that they can’t comment on at the moment.

Not yet. Been travelling, thought I'd see if they bought yesterday. Might send one off today. Wonder if I'll get a reply!

 

[Ibetfixed]

Not yet. Been travelling, then though I'd see if they bought yesterday. Might send one off today. Wonder if I'll get a reply!

Still no buy back yesterday

 

[MikeGTR]

Even during a buy-back they are restricted if they are privy to inside information, meaning if they are aware of news that isn't ready for release yet, they aren't allowed to buy shares, same goes with directors etc.

This may or may not be the case with the current scenario, this is just my opinion on what could possibly be.

 

[RHINO]

Even during a buy-back they are restricted if they are privy to inside information, meaning if they are aware of news that isn't ready for release yet, they aren't allowed to buy shares, same goes with directors etc.

View attachment 13303
This may or may not be the case with the current scenario, this is just my opinion on what could possibly be.

Thanks for the info Mike.
That's my thought as well, after being alerted to this possibility by another poster, I think on another share chat site.
I cant see how you could justify knowing, good or bad, news is on its and still be able to buy back.
Reinforces my thinking that good news is on the way and they want to make 100% sure they are not stepping on any regulator's' toes.

 

[Ibetfixed]

Thanks for the info Mike.
That's my thought as well, after being alerted to this possibility by another poster, I think on another share chat site.
I cant see how you could justify knowing, good or bad, news is on its and still be able to buy back.
Reinforces my thinking that good news is on the way and they want to make 100% sure they are not stepping on any regulator's' toes.

Thanks guys .. good to know that they are restricted by pending deals … makes me feel a bit better about them not following through with the buy back in Ernest

 

[fbbandco]

I would never of thought a simple buy-back would throw so many curve balls in terms is SP. I have realised that the best part of the buy-back is that it creates uncertainty for the shorter - BET doesn't buy and it could mean news is coming, BET does buy and it means they are bullish on the future.

I think the shorters have realised the above and I don't think we will see Mondays performance repeated.

 

[TeddyFiles]

Someone had a dip

 

[TeddyFiles]

Vegas winnings?

Haha it was not a winning holiday. House always wins. Wife won though.

I got a small jackpot on the pokies. $1,400 US. 30% tax by the IRS for non residents. What a fill up for them. God bless America.

 

[Lattelarry]

Haha it was not a winning holiday. House always wins. Wife won though.

I got a small jackpot on the pokies. $1,400 US. 30% tax by the IRS for non residents. What a fill up for them. God bless America.

Should be 0% since you don't live there.

Would be great if that was the buyback starting.

 

[TeddyFiles]

Over on Hot Flogger

 

[Ibetfixed]

Over on Hot Flogger
View attachment 14402

Hot flogger .. love it !

 

[TeddyFiles]

Read the article this morning……it’s an interesting partnership with 2 Media empires so to speak……lots of coverage but who’s going to manage the bets?

That’s the big question. Looks like a job for the best in the business.

I have a feeling that Murdoch will want nothing less than pure domination of the industry. Tripp could sell ice to eskimos and he would be selling Aussie racing as the holy grail

 

[comin2getme]

Read the article this morning……it’s an interesting partnership with 2 Media empires so to speak……lots of coverage but who’s going to manage the bets?

NTD should call it "GrannyBet"

 

[TeddyFiles]

 

[ScottBET]

Good interview with BPIII, maybe of interest to some. He does mention toward the end working hard with the sports books to give them access to 40000 overseas races to fill this time of year when there is only baseball.

 

[Lattelarry]

This might interest you guys

12ft

 

[ScottBET]

….So what are we expecting before the end of the month??

With WA TAB closing bids on the 22nd (tomorrow)…maybe a link for BET with the JV between Seven, News Corp, Tripp and Soul Pattison?

An agreement with Colorado on Fixed-odds management agreement with BET?

More US and International Racetracks going live on monmouthbets.com?

Annual Accounts released at the end of the week or early next week?……while we know most things from the 4th Qtr report most analysts upgrades/downgrades are not updated until the Annual figures are released.

Can we expect any updated on the NTD rollout…..other than we know that it will be launched on the 12th Sept??

anyone got any other thoughts on possible news before the end of this month?

EOI closed last Thursday for VIC license aswell maybe a leak around this as assuming we are involved with a bid.

Not sure this month but next 6 months as mention in last webinar-

Launch Cross bet online app in Ontario?

Launch of the B2B hub for global co-mingling?

Caesers parimutuel solution expansion to wider caesers entertainment network.

Roll out of racing integrity and reporting platform into new global racing jurisdictions .
I’m sure there maybe something out of left field at some stage. As they mentioned the next 12 months is about consolidation and getting scale- that when the real $ start rolling in.
Quietly hoping the share price gets a 3 in front of it again in the next week and I’ll be topping up again!

 

[Lattelarry]

I've been putting everything I can find into a Trello page to track whats happened and what's due
Take a look here https://trello.com/b/T6Tp1wHj/betmakers

 

[TeddyFiles]

I've been putting everything I can find into a Trello page to track whats happened and what due
Take a look here https://trello.com/b/T6Tp1wHj/betmakers

That’s great. One stop shop.

 

[Lattelarry]

Looks good Larry…….I didn’t see the content and distribution partnership with Century Casino & Racetracks around Feb 2022…..also there is a Fixed-odds agreement with RWWA for all of the racing codes in WA……you may have it in there and I just didn’t see it……great work though, It does bring back some memorable highlights!!

Thanks I've added them in - I knew there would definitely be some that I had missed.
Ones where no announcement were made makes it a bit harder. Good to get it all in there.
Let me know if there are any others that you think of.