Click to Use Secure Login
NOTICE: If you can not view the forum, you may need to log out of and log back in to recreate your forum session.
Views: 317
Posted by Drew Martin
Replies: 0

For investors, U.K. companies appear to offer a particularly good way to ride this development, as some had prepared for the ruling and boast considerable U.S. operations. Gambling companies William Hill WMH, +0.15% , GVC Holdings GVC, +1.14% and 888 Holdings 888, -0.06% are among the names that bulls view as due for gains. Their stocks popped on the ruling, but there still could more upside.

How's this for a head start? William Hill already runs 108 of the 192 sports books in Nevada, and it's the risk manager for sports betting within the Delaware lottery. Deutsche Bank analyst Carlo Santarelli trots out those facts in a recent note, saying the London-based company's global scale should ensure profit margins that top American rivals'.

“When considering the cash-flow waterfall from a sports book at a regional casino, one must consider that there are many hands in the till,” Santarelli writes. And one of those hands will be from a company that's “managing the day-to-day functions of the book itself,” he says.

While William Hill shares surged 11% Monday on the court's decision, that priced in only 30% of the “potential value creation,” reckons Berenberg's Roberta Ciaccia. The analyst says that estimate comes from number-crunching that assumes the company nabs 10% of the U.S. sports-betting market by 2023. Her calculations suggest that Sportingbet parent GVC's jump of more than 7% Monday priced in just 40% of its possible upside, but that Paddy Power Betfair's PPB, +2.32% 12% climb factored in almost all of its potential lift. Berenberg rates Isle of Man–based GVC as a Buy, Ireland-based Paddy Power as a Sell, and William Hill as a Hold.

“Sentiment about the U.S. news will overshadow any possible negative impact from new gaming machine limits” in U.K. betting shops, she adds. s-betting-while-everyone-else-loses-their-shirt-2018-05-19

Current Blog Topics
Current Blog Topics
SportsMemo Ads
Discussion Forum
Post SubjectTime    Last Poster
Many Thanks Indeed!11:39    redmon
NFL Preseason (Special Anno...12:15    Drew Martin
How to bet NFL Preseason Po...12:05    watergun12
NBA Season Wins21:06    watergun12
BIG 12 Part 2 Podcast11:35    Drew Martin
Mybet to file for insolvency08:37    Drew Martin

Current Blog


Copyright © 2007 SPORTSMEMO, INC, 1-800-575-3069. is the nation’s premier resource for sports betting and handicapping information. Get free football picks, free NFL picks, free college football picks, free baseball picks, free NBA picks, free college basketball picks, free hockey picks, free golf picks, and free soccer picks from the nation’s top handicappers. Sportsmemo's sports betting insight and analysis comes from some of the most respected sports handicappers in the sports gambling industry including Ted Sevransky (Teddy Covers), Brent Crow of Alatex Sports, Rob Veno, Ian Cameron, and Drew Martin. Listen to these handicapping experts daily on the Sportsmemo Podcast Monday-Friday at  Missed the Sportsmemo Podcast?  Past shows are available on's podcast archive page. Looking for daily sports betting tips and sports betting advice on the MLB, NBA, NCAA, NFL, NHL, CFL, and PGA? Check out the interactive sports betting posting forum, power ratings, expert handicapping blogs, and original sports betting articles from the Sportsmemo team that specializes in sports information from a pointspread perspective at   Aug 18, 2018 05:38 AM.