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GAN Share Discussion Threads
Showing 176 to 200 of 200 messages
|Some crucial votes ahead. Slowly but surely the US opens|
|Not in GAN but:SENATE1324An Act providing for fantasy contests; imposing duties upon the 2001 Department of Revenue, the Department of Drug and Alcohol Programs and the Pennsylvania Gaming Control Board; and making appropriations. (Senators WILLIAMS and others) 7Pennsylvania Senate schedule for today.|
|Good article here relating to Station Casinos and the importance of simulated gambling as a pre-cursor to full online gambling.
king kong dong
|Fair ol trade imo|
|Good links thanksInterview is fairly convincing.Written for a while that GAN is really just a US regulation play.Been accumulating as I think the tide has turned and GAN money will just last.Risky but I think not priced in yet.|
|In other news it looks like the Pennsylvania senate decision may be in the balance for this year but given how much else GAN have going on not sure it matters too much:
|Pleased and surprised with those results.
Clean EBITDA loss is down to just £0.5m for H1, with perhaps better for H2. Remember that depreciation/amortisation make up the bulk of the headline loss.
£4m cash at 30/6 plus a further £1.8m since then mean plenty of leeway on cash.
The only negative is there won't be a system sale this year - but then with cash being fine and trading fast improving it's a bonus rather than necessary.|
|Worth remembering they've raised 1.75m since those results.|
|Larva, I think it is easy to look at the headline figures and judge the business purely on that. I do it myself.
However, that does the miss the rapid growth that GAN are experiencing and the product which is clearly appealing to potential clients. They have a foothold in US gaming now and that in itself is no mean feat. So to be capitalising on this and with the big names still to come on board there is massive potential here.|
|-- Loss before tax of GBP2.3m (H1 2015: Loss before tax of GBP2.6m) and loss
per share of GBP0.04 (H1 2015: loss per share GBP0.05)
-- Cash and cash equivalents at 30 June 2016 of GBP4.0m
|Looks good to me !|
|Actually the RNS of Sept 12th announcing - Statement re Launch of real money Regulated Gaming in Europe
"GAN will provide further detail on the prospects for the Overseas Internet Casino and on the disposal of the B2C assets at the time of the announcement of 2016 first half results on September 30, 2016."|
Wish I had bought more today - I tend to agree - could be worth a few percent tomorrow.
|Tomorrow could be all action....if you have the balls to buy in today, one might speculate that this article has given us the heads up of the big news tomorrow.|
|Borgata is a big one. Links with GVC and partygamingInterestingCan see them being bought out if they continue to sign up the big boys|
|According to Cottoners article:
'GAN will announce further details of the deal, and the name of its partner casino on Sept. 30. A leisurely look through GAN’s client list suggests that the most likely candidate is the Borgata.'|
|I am waiting for the bigger prize.....
Perhaps the tide is really turning. Simulated gaming might be a nice compromise for even the most die hard opponents.|
|I suspect the results will not be spectacular but should meet the relatively low expectations.|
|All the recent announcemts suggest revenues will ramp up in the years to come. But what about the results to be announced on friday?
I can't see any recent trading update - is another loss expected?|
|News this morning - another impressive new client, and encouraging that the CEO says this will "generate material income and earnings for GAN in 2017":
"GAN Partners with Station Casinos in Nevada to launch Simulated Gaming™ in early 2017.
Experience to be integrated with myBoardingPass™ Rewards Program
London & Dublin | September 27, 2016: GAN plc (“GAN” or the “Company”), an award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, announces it has partnered with one of the longest-standing and largest commercial casino operators in Nevada to launch GAN’s proprietary enterprise-grade social gaming solution: Simulated Gaming™.
Station Casinos, LLC (“the Client”) operates nineteen (19) casino properties in Nevada and has been operational since 1976. This partnership was previously announced by GAN on August 2, 2016 without disclosing the identity of the client.
• The Client is the second US client in Nevada and the fourth major US client secured to date with in excess of $1bn in annual revenues from land-based casino gaming.
• The Client’s 19 casino properties and more than 19,000 slot machines brings GAN’s combined US clients’ above 70x casino properties and 100,000 slot machines together representing a significant proportion of the entire US land-based casino market.
• GAN will bring to their highly engaged patrons the Simulated Gaming experience in early 2017 integrated into the myBoardingPass™ on-property rewards program.
• Simulated Gaming delivers a host of entertainment and marketing communication tools, enabling the Client to engage their loyalty base and new players with unprecedented levels of efficiency and at reduced costs from traditional media engagement.
• Simulated Gaming™ is an innovative Internet gaming service designed by GAN specifically for land-based US casinos, offering a gaming-as-entertainment experience across web and mobile together offering over 200 casino slot and table games principally derived from recognized US casino equipment manufacturers together with multiplayer games of poker, backgammon, gin rummy, poker dice, blackjack tournaments and slot tournaments.
Staci Alonso, Executive Vice President of Station Casinos commented:
“GAN was selected for their ability to deliver a custom social casino experience integrated with our myBoardingPass™ loyalty program as we are committed to continuously enhancing and responding to the preferences of our guests. Free play social casino games are very popular and will allow our guests to play many of their favorite on-property casino games at home or on their phone for entertainment and rewards. By integrating this product with our award winning Boarding Pass, our guests can earn points, prizes and enjoy a Station Casinos experience whenever and wherever they prefer.”
Dermot Smurfit, CEO of GAN commented:
“We are privileged to bring online one of the longest-standing and largest Nevadan casino operators in the Silver State. Station Casinos highly regarded myBoardingPass™ loyalty program serving all their properties will be placed the core of the Simulated Gaming™ experience and is anticipated to result in higher levels of patron loyalty, increased patron visitation on-property and reactivation on-property of long term lapsed patrons. This agreement with Station Casinos is expected to generate GAN Partners with Station Casinos in Nevada to launch Simulated Gaming™ in early 2017."|
|awesome find cottoner.....great potential partners too!!|
king kong dong
|THE BORGATA IS THE MOST LIKELY PARTNER
THE GOLDEN NUGGET COULD BE AN OUTSIDE POSSIBILITY