Ok Volume a bit on the meak side today... Have a feeling that will all change soon as more eyes POP on this stock. If the chart does not grab your attention, in the current bullish trend just breaking the 50ma at 1.32, consolidating a bit at 1.40. Then imo before making a move to break the old high and test the 200ma.. Just read over the past headlines http://biz.yahoo.com/bw/050811/115674.html?.v=1 http://biz.yahoo.com/bw/050908/85267.html?.v=1 , see the sector the sector they are in, the potential is enourmous here and with football season and hockey season just starting, in addition to the new poker site www.777betz-poker.com just launched, this Compnay has not even begun to rake in the Wagers Yet!! not mentioning new services coming out. oh boy and there is only 1.3 million float and that is lock up til June.
Posts: 14 | From: Philadelphila | Registered: Aug 2005
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Sometimes the links do not cooperate therefore I thought I would post the most pertinent.
Press Release Source: 777 Sports Entertainment Corp.
Bets Are on as 777 Sports Entertainment Corp. Opens for Business Thursday August 11, 3:22 pm ET
SAN JOSE, Costa Rica--(BUSINESS WIRE)--Aug. 11, 2005--777 Sports Entertainment Corp. (Pink Sheets: SVNP - News) is pleased to announce that 777 Sports Entertainment Limited has commenced operations as a full-service Internet casino and sportsbook. Operations have begun on a limited basis, with casino and sportsbook modules fully functional and able to be played in a for-fun, or live mode. An increased suite of products will be available by Sept. 1, 2005, with the launch of Multi Table Poker and will meet the demands of the serious and also the less serious members. "The company is off to a great start," said 777 President James Po Ho Cheung. "We've had a gross handle in excess of $2 million since start-up on July 5, 2000, and very encouraging membership sign-ups since registration opened on July 15. Our business plan initially calls for 100 new members per month. We've had significant interest from players who wish to pre-register for the Multi Table Poker product, particularly to be advised of the first tournament schedules."
Cheung also announced that the company is in the final testing stages of a mobile gaming platform which it anticipates launching by Sept. 1, 2005, and which will support the one-stop experience for members. The launch will be supported by a major marketing initiative later this month.
About 777 Sports Entertainment Corp.
777 Sports Entertainment Corp. is a Nevada company which holds an interest in 777 Sports Entertainment Limited and subsidiary companies. 777 Sports Entertainment Limited operates as 777betz.com and is licensed to use the Chimera 2 suite of products, platforms and applications. The company operates an Internet casino and sportsbook and is located in San Jose, Costa Rica. Outstanding shares of the company at July 15, 2005 are 11,346,796, of which 10,060,637 shares are restricted.
The company invites all interested parties to log on to 777betz.com and to try the user friendly applications, in a play for-fun mode.
Posts: 14 | From: Philadelphila | Registered: Aug 2005
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Press Release Source: 777 Sports Entertainment Corp.
777BETZ.COM Increases Business Handled and Launches Multi-Table Poker Thursday September 8, 9:30 am ET
SAN JOSE, Costa Rica--(BUSINESS WIRE)--Sept. 8, 2005--777 Sports Entertainment Corp. (Pink Sheets:SVNP - News) is pleased to announce that the 777betz.com platform featuring multi-table poker Hold-em and other poker games is now open for members. New players may sign on at 777betz.com to enjoy play for fun or real games. ADVERTISEMENT
"Our members who are poker enthusiasts are going to find the final version of multi-table poker well worth the wait," said 777 President James Po Ho Cheung. "The table options and the number of players online make poker an exciting addition to the Casino in both the play for fun and real-odds games."
In other news, Mr. Cheung reported that new member registrations in the first full month of operations continue to exceed projections. With a business handle of just over $7,000,000 for August, a 300% increase over July volumes is evident. With the imminent start of the Hockey, Football and Basketball seasons, the dollar handle should continue to show significant increases.
Posts: 14 | From: Philadelphila | Registered: Aug 2005
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Nice day today, volume returned once again, closed at the HOD and we continue to move forward in the bullish pattern. Small consolidation phase now almost complete here between 1.45 and 1.35, next move will be to break the old high and test the 200ma * 1.63.
Posts: 14 | From: Philadelphila | Registered: Aug 2005
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Have increased my position in the company in the past month. 200ma has dropped since my last post and the pps has now broken above it at 1.40x1.44, with the 200ma at 1.36. Looking for a 50/200ma bullish cross in the next 2 weeks as volume has been increasing and they released new wagers from operations totaling over 9 million dollars for the month of October.
Posts: 14 | From: Philadelphila | Registered: Aug 2005
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777betz Revenues Climb Tuesday November 29, 1:00 pm ET SAN JOSE, Costa Rica--(BUSINESS WIRE)--Nov. 29, 2005--777 Sports Entertainment Corp. (Pink Sheets:SVNP - News) is pleased to announce that gross revenues from casino operations of 777betz.com for October 2005 has again increased. President James Po Ho Cheung noted that 777betz handled gross revenues of slightly more than $9 million, to show an increase month over month of 16%.
Cheung continued, "With all three full months of operating results showing significant increases from previous months, the 777 brand name appears to be enthusiastically being accepted by new and existing members. With several new programs expected to be ready for the first quarter of 2006, we remain very pleased with the results to date and look forward to the challenges 2006 will bring."
Posts: 14 | From: Philadelphila | Registered: Aug 2005
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