Gan Share Discussion Threads

[hibberts] 12/9/2016 08:38

As I said before,just look at the market cap of PTEC to give you an idea were this company could end up.

[king kong dong] 12/9/2016 08:28

Getting stock is proving an issue with Selftrade....can't even buy a few grands worth

[mr dexy] 12/9/2016 08:19

Phowdo,

Same posters.. .but many appreciative lurkers... thanks guys for your efforts, much appreciated.

Regards


Mr D

[rivaldo] 12/9/2016 08:12

Ticked up now. Just the start hopefully given today's news.

GAN have changed their news provider to Business Wire from RNS, and now their news doesn't flag up on the M.o.n.e.y.a.m portfolio page for some reason (though it does on i.i.i). This might contribute to at least an initial lack of awareness of news flow.

I wonder if the change to Business Wire was because much of their client (and possibly a growing part of their investor) base is based in America where Business Wire is much stronger.

[phowdo] 12/9/2016 07:58

Looks like its finally coming together.
Thread still quiet with the same 4 or so regulars too.

TrentEndBoy, Im seeing 41-43 pre-open so no change? Fridays US selloff will make smallcap MMs a bit nervous today anyway so maybe one of the MMs has moved off the bid?

[trentendboy] 12/9/2016 07:43

Strange pre open share price move down 6 percentLegacy sale seen as bad?

[hazl] 12/9/2016 07:34

and

' -- GAN to receive an up-front $1.4m cash payment for intellectual

property assets and development services following completion of

customary due diligence and regulatory approvals - expected in Q4 2016 '

[rivaldo] 12/9/2016 07:30

Yep, and GAN benefit for free from $70m of marketing expenditure by their client :o))

Will more of GAN's US clients follow this move? You'd have thought that once they see a major rival doing this then more will follow.

[trentendboy] 12/9/2016 07:08

Game changer indeed.Going B2B only makes sense.Not competing with partners.Picks and shovels are the way to go as PTEC have shownCould be a nice start to the day...

[rivaldo] 12/9/2016 07:05

Excellent news - today's RNS could be seen as a gamechanger for this company. Nice upfront $1.4m cash receipt too:



"GAN selected by existing US casino client to launch real money Regulated Gaming in Europe

$1.4m up-front cash payment, multi-year marketing commitment with material income participation for GAN

London & Dublin | September 12, 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 extended an existing partnership with a major US casino operator (the “Client”) to launch an International overseas real money Internet casino gaming website and mobile App (the “Overseas Internet Casino”). The new website and App are expected to launch in H1 2017 and will target Europe and other International regulated gaming markets outside the US under a seven year contract with the Client.

Highlights
• GAN’s first US Casino client to extend partnership into overseas’ regulated Internet gaming markets
• GAN selected following an extensive due diligence process based on its deep and proven capability in providing a custom-designed real money gaming experience integrated into an on-property loyalty program and casino management system
• GAN to receive an up-front $1.4m cash payment for intellectual property assets and development services following completion of customary due diligence and regulatory approvals – expected in Q4 2016
• Launch of the Overseas Internet Casino will be supported by a minimum user acquisition marketing budget wholly funded by the Client: $10m per annum over the term of the seven year contract
• GAN to participate materially in the net income generated by a unique Internet casino offering principally targeting a growing European Internet gaming market which is forecast to reach a value of $16.5bn in 20171
• The Overseas Internet Casino is expected to launch online in H1 2017 and will be integrated into the Client’s on-property rewards program - the first International real money Internet casino offering non-US resident players access to a major US casino’s exciting rewards program.

Management Commentary

Dermot Smurfit, CEO of GAN commented: “GAN’s unique casino product is performing strongly in New Jersey’s regulated market and is anticipated to perform equally well in Europe’s fast-growing markets. Enabled by the US casino operator’s brand, US casino property facilities, balance sheet and marketing investment, we anticipate our B2B turnkey services delivered to this US casino operator to contribute material revenue and earnings commencing H1 2017. GAN will also receive a substantial cash payment for divesting legacy B2C intellectual property assets, receivable before year’s end 2016, which completes the strategic B2C Internet gaming divestment process first announced in September 2015. This divestment will position GAN as a B2B-only provider of enterprise grade Internet gaming technology solutions principally serving America’s major casino operators. This contract is a material long term revenue opportunity for GAN and an exciting opportunity for the Client to expand their land-based US gaming operations into the online channel, overseas.”

etc"

[hazl] 10/9/2016 19:06

Aishah thanks for the information on Techinvest's stake increase it made me revisit there,only to find that two different companies in my portfolio are also in their fund!

Every bit helps as they say.
Thanks.

[trentendboy] 10/9/2016 15:39

Wise words adthorn. Not for widows, orphans or soon to retires thoughCould easily double and more from here but risky

[adthorn] 10/9/2016 11:46

After reading about the GAN history and recent deals signed, I'm definitely going to invest here, great upside for the future! The pedigree of clients speaks for itself:http://www.gan.com/about-us/history/

[jon123] 09/9/2016 20:29

lol I hope its not the one's that sold Manhattan to the dutch

[trentendboy] 09/9/2016 12:22

Sadly my knowledge of Indian tribe customers is limited.Which tribe would be better? Which worse?

[rivaldo] 09/9/2016 10:47

Indeed - the RNS itself says the prior announcement didn't disclose the client's identity. But it's welcome news and a high profile win as "a major destination for residents of central New York State".

[trentendboy] 09/9/2016 09:44

Although this RNS just tells us the name. It is not a new customer

[hazl] 09/9/2016 09:32

a step closer to success......

IMO

[rivaldo] 09/9/2016 07:16

Thx Aishah, good to see Techinvest are so keen.

RNS today - a new client in New York:



"GAN Partners with Oneida Indian Nation to launch Simulated Gaming™ for Turning Stone Resort Casino in upstate New York in early 2017.

GAN’s Simulated Gaming™ to be integrated with Konami SYNKROS™ CMS & Rewards Program

London & Dublin | September 9, 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 Native American casino operators in America to launch GAN’s proprietary enterprise-grade social gaming solution: Simulated Gaming™.

Turning Stone Resort Casino (“the Client”) is a major destination for residents of central New York State and has been operational since 1993. This 23-year old casino is owned and operated by the Oneida Nation headquartered in Verona, New York. This partnership was previously announced by GAN on June 20, 2016 without disclosing the identity of the client.

Following an extensive diligence process, GAN was selected for their deep capabilities in providing both real money and social gaming experiences from a singular technology platform together with the ability to deliver a custom-designed website/App wholly integrated into their on-property loyalty program and Konami Gaming’s SYNKROS™ casino management system.

etc"

[trentendboy] 06/9/2016 15:23

I like it, not a lot, but I like it.

VR gambling putting the chips on the numbers for roulette would be kind of cool

[rivaldo] 06/9/2016 10:27

Cheers Aishah, that's encouraging. Did Techinvest say anything in particular about GAN?

News from GAN of four new Simulated Gaming releases:



"2 September, 2016

GAN continues to its expand its portfolio with the release of several new titles in September across GAN’s Simulated Gaming™ network of partners spanning North America and Australia across desktop and mobile devices. In keeping with GAN’s commitment to providing a wide and exciting range of content, there were four fantastic video slot releases from a number of different GAN content suppliers...."

[aishah] 05/9/2016 09:26

Techinvest added 25,000 to their portfolio last month.

[trentendboy] 04/9/2016 15:48

LOL

They just raised 1.3 million ffs.

Clueless