Will Greek Legislation Affect London's SportingBet?
Jim Makos | Nov 27, 2012 05:26PM ET
Gamblers in Greece are quite disturbed and getting worried about the legislation about online gambling that is coming into effect on December 5. Recently, Betfair pulled out of Greece, although that didn’t seem to affect OPAP stock, the Greek gambling operator. SportingBet (24 gambling companies that will likely be permitted to accept Greek customers when the gambling market is regulated. We just have to connect the dots to predict a probable spike of Centric stock price in the following weeks. At least I am still permitted to gamble in stocks here in Greece.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in CENTR.AT over the next 48 hours.
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