ENTAINS response to AUSTRAC 31 March 2025 regarding AML issues.

[Kit Walker]

Entain share dipped to $5.01 overnight a. 8.44% drop and over the past five days are down 17.1%. Last month 31.15% - 7.26 - 501.

At 501 that is a great price to buy. They may have done a few things wrong of late but that share price has to rise over the next few weeks.

At the current price It wouldn't come as any surprise to see a takeover proposal getting announced. MGM Resorts might be one Company considering it having previously made an offer. 

[Chief Stipe]

9 minutes ago, Kit Walker said:

MGM Resorts might be one Company considering it having previously made an offer. 

Yeah well MGM Resorts share prices is down 34% in the last 6 months.  The share price will be under more pressure if the USA tips into a recession.

[westbrew]

Kit i am 100% with the submission you have put up, however the racing industry has very close ties to the Government, and they are still glowing with the 200m that Entain threw at them and add in the other 100m they are promised over this geo block shit and the punter has no show here in NZ. Like it or not NZTR and the big breeders  don't give a toss about punters, and they are driving this legislation on behalf of Entain.  

[Chief Stipe]

24 minutes ago, westbrew said:

the other 100m they are promised over this geo block shit

Well AUSTRAC in their statement of claim make a case for ENTAIN not having done enough Geo-blocking.

[Murray Fish]

47 minutes ago, westbrew said:

Like it or not NZTR and the big breeders  don't give a toss about punters, and they are driving this legislation on behalf of Entain

@TAB For Ever what do your mate$ think about that sort of thing....