Is the time ripe for more sports book mergers? Wild Bill thinks so. Check out his latest column by going to the RX home page at www.theprescription.com
Charlie
Charlie
Right on krackman. Good job! You mentioned wandering around LV in a past era. While at the Stardust we created an atmosphere that if you stayed long enough your # would eventually be available. We had low limits(comparetivly speaking)and could have as maney as 40 or so changes on a game. Not unusual. Basketball Saturdays saw 700-800 changes. ALL ON ACTION. But that's a usless subject. In todays off shore business model a new customer can cost $400-$500 before his first lay down. Marketing, bonus, transfer costs, etc. One way to aquire new customers is to simply buy an existing book. If this is a developing trend it's good. A shakedown of the existing market would get rid of potential disasters (stiff books) and leave us with fewer but more solid operations. As far as different #s to bet thats another story. Can't help you there.....ScottyS
I don't think any public books are going to be targets of takeovers right now. I think the publicly traded books are all headquartered or operated in Britain. With the coming changes in UK gaming law still likely to cause unknown changes very betting habits of Brits, most people in the industry will sit on the sidelines. The books that likely will get taken over are nowhere near public quality and work on very different valuations and are all in Costa Rica or the Caribbean.
