Gameaccount Share Discussion Threads

[iandippie] 10/2/2014 15:06

I think that the report in SCSW has definitely driven them lower in the short term. It refers to the fact that the first forcasts have come out, with broker's Davy forecasting eps of 2.7p and 6.5p for this year and next. Which puts it on a forward pe of over 20. Quite high perhaps for a company that has no track record as a PLC. What we now need is positive news flow. I hope they've got a good PR department!

[nurdin] 10/2/2014 15:00

Hmmm...wonder what has frightened the sellers. Back to where SCSW tipped them..almost !

[scottishfield] 10/2/2014 14:30

had a few more at these v low levels

[rivaldo] 10/2/2014 14:28

Relatively small volumes on a stock which isn't widely known yet perhaps?

SCSW mag had a Hold on them in this weekend's issue, having tipped it at 142.5p originally, so this is a good opportunity for those investors who follow SCSW's tips. As I do, usually very profitably :o))

[essential] 10/2/2014 14:24

Any ideas why these have fallen out of bed?

[rivaldo] 05/2/2014 11:55

News just out - the whole article only for premium subscribers I'm afraid:



"Foxwoods Interactive & GameAccount launch first virtual currency site
05 Feb 14

Foxwoods Interactive has launched a virtual currency online gaming site on the Foxwoods Resort website.

GameAccount Network has built the online casino, which is stocked with a selection of slots the newly-listed UK company has transferred online for partners such as Ainsworth Game Technology, Incredible Technologies and Multimedia Games."

[rivaldo] 31/1/2014 16:25

Tiny volumes, with just 24k shares traded, so today's move looks more like a shakeout than anything meaningful.

[someuwin] 29/1/2014 11:04

Bought a few more.

[rivaldo] 29/1/2014 10:28

Cheers for the link. Rather exciting imo.

GAME has a mere £88m m/cap. Imagine the possibilities based on a 2018 online gambling market in the USA of $8 billion - every year - given GAME's partnerships with Betfair, Konami etc.

Betfair are achieving an 8%-9% share initially in the "crucial" casino sector.

Let alone Italy, Spain, the UK and elsewhere, plus the potential from land-based casinos offering additional opportunities for GAME.

The CEO expects further deregulation this and next year in Pennsylvania, California, Connecticut and Mississippi. with 12-15 states deregulated by 2018.

[fillipe] 28/1/2014 16:09

I felt their recent video presentation was a bit too waffy and reckon there may be further drift here in the short-term.....pending more robust news.



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[northwards] 28/1/2014 09:15

Picked up a few this am after seeing scsw write up ... Will sit and wait.

[largeronald] 24/1/2014 13:43

A good film - worth seeing, but could so easily have been truly excellent - another The Sting.........

[jon123] 24/1/2014 13:34

it took me 20 mins to work out what it was all about a few walked out the cinema after 10 mins lol

[engelo] 24/1/2014 13:29

Steady in the water on a poor day.

As a bit of light relief, recommend 'American Hustle'. Anyone else seen it? Assure you it's not OT :-)

[rivaldo] 19/1/2014 08:23

Bullish comments from the CEO....



"Konami Gaming names GameAccount Network its "preferred partner"

Smurfit-backed GameAccount Network is in an online deal with gaming giant Konami.
Fri, Jan 17, 2014, 01:00

A gaming technology company backed by the Smurfit family, has sealed a "strategic partnership" with the US arm of Konami, a Japanese slot machine company.

GameAccount Network (GAN), which is listed on the Alternative Investment Market, says the deal with Konami Gaming will involve pushing its online gaming platform on up to 80 land-based casinos that are already customers of Konami.

Dermot Smurfit Junior, chief executive of GAN, said he believes a "substantial proportion" of the 80 casinos will use their technology to launch online gaming, as a direct result of the deal with Konami.

State by state, the US is slowly opening up to online gaming and gambling. GAN is one of a handful of technology companies eligible for licences to supply services into the US market.

As well as supplying slot machines to casinos, Konami also supplies a "casino management system" (CMS), which is a detailed system of records relating to all operations. All US land-based casinos are required to install a CMS by law.

Mr Smurfit said most of Konami's 80 CMS customers are exploring how to develop an online presence. GAN, he said, is Konami's "preferred solution" for rolling out an online gaming platform in the US."

[harrywilliam] 17/1/2014 13:46

Think this will move up again shortly, few more buys should do it. I grabbed a few more first thing.

[rivaldo] 17/1/2014 10:29

Good to see the price rising on relatively small volumes. Hopefully this means the post-IPO overhang has well and truly disappeared.

[engelo] 16/1/2014 17:35

Assume GAME make money from games operators while the games are 'demo only' (simulated online gaming) in advance of them being played for real if/when the relevant states pass legislation. Eg Foxwood in Connecticut is 'live for simulated gaming in advance of regulation coming on stream by 2015'. Presumably a normal (or discounted?) licence agreement with an upfront payment.

[engelo] 16/1/2014 17:32

Assume GAME make money from games operators while the games are 'demo only' (simulated online gaming) in advance of them being played for real if/when the relevant states pass legislation. Eg Foxwood in Connecticut is 'live for simulated gaming in advance of regulation coming on stream by 2015'. Presumably a normal (or discounted?) licence agreement with an upfront payment.

[rivaldo] 16/1/2014 14:02

Indeed engelo, more news flow to come I suspect.

GAME has yet to properly hit the City's radar post-IPO judging by the relatively low volumes even after today's news. This news and the recent rise may well start to attract attention.

[engelo] 16/1/2014 12:10

Thanks rivaldo. Think some that got in around float will be taking their money now. imo early stages here and more news to come. A few quotes from SCSW:


- GAN finds itself in a perfect storm

- 3 lucrative US deals already signed in last 12 months

- Smurfit notes that there are 979 land based casinos that will need to get this type of software from somewhere if they want to move online

- the 979 achieved $65.8 bn sales last year so if GAN supplied just a small proportion it could grow very big

- expectation by 2015 US will contribute 75% of GAN's profits

- Andrew Black, one of founders of Betfair, has a 9.9% stake in GAN

[aishah] 16/1/2014 10:40

Yes, beat me to it. SCSW tip driving this of late. However, a lot of us have been in since float. Mkt cap over £100m should get us on more radars. Good to see Konami partnership coming through.

[trentendboy] 16/1/2014 09:44

Serious insider trading the last few days. Tut tut.

Good deal though

[nw99] 16/1/2014 08:18

Huge news I worked in Japan for 15 yrs . Konami are a Top company