RE:RE:RE:Higher price for WH?TSG is better positioned than it was the last time they were talking. Everything is on the upswing and its target markets are growing faster than WH in terms of new geographies. I would expect that the longer Stars waits on that marriage the higher their value, so it would be in WH interest now to secure it quicker. What Rafi was probably indicating by his statement about “one big or several little” is that WH shouldn’t get too greedy as he certainly has put himself in a position where his choices are quite wide.
I also believe that we’ll see an announcement soon on India and while I know I may sound like a broken record on that, my sense is that its being vastly underestimated for the positive on EPS it can bring, specially since Stars already has operations in Hyderabad and could easily grow those to service the market. They just need the legal entry point to jack up revenues substantially and may also be waiting for this expected November court decision on the nationwide legality of poker as a game of skill..