 Would be sweeter if this reflected in the the share price
Gaming Realms wins AIM Market Company of the Year in the Online Money Awards 2024
Gaming Realms plc (AIM: GMR), the developer and licensor of mobile focused gaming content, is delighted to announce it has been named as the AIM Market Company of the Year in the Online Money Awards 2024.
The annual Online Money Awards are organised by Holiston Media, in conjunction with The Armchair Trader, a highly experienced team of writers, each with a minimum of 20 years in the market. The aim of these awards is to recognise and reward the best-performing companies in the self-directed private investment and wealth sectors. In total, across the 21 award categories, covering private investing, wealth management and trading, the awards received over 8,000 votes from more than 2,500 unique visitors, making it the highest number of votes since the awards started three years ago.
Mark Segal, Chief Executive of Gaming Realms, commented: "Gaming Realms is honoured that the hard work of its whole team has been recognised through winning the AIM Market Company of the Year award.
"Winning this award highlights our Group's ability to navigate a turbulent market and the ever evolving landscape of the gaming industry. I extend my thanks to everyone who voted for us and made winning this award possible. We look forward to another year of game launches and market expansion." |
Tiger I agree it looks like a one trick pony and I can't fathom the tacky appeal, but I guess there are millions of people not like me who are happy to play and lose and that that love doesn't appear to have National boundaries. Management doesn't articulate a plan but from what I seen they never really have but are steadily expanding where the opportunities present irrespective, so I have a small holding and happily hold for now and may add a few on weakness. Lotto shouldn't have appeal in a technological age but it obviously does, so I try not to overthink this one such as how they should be future proofing it. |
Don’t really care to be honest |
aftertimer |
Exited this at 40.5p but keep tabs at a re entry point. I wasn’t too enthused by the investor presentation and video awhile back particularly the plans or should I say no plans for the cash pile. I also didn’t like the reliance on Slingo. It would of been nice to hear how they plan to leverage its popularity and resulting income with future diversification.
Sitting and watching but always aware it only takes one RNS detailing an offer to send this upwards. All the best |
Market Expansion
We are pleased to announce we have expanded with Luckia in Mexico! 🇲🇽
Source LinkedIn |
Alberta’s administration is to follow fellow Canadian province Ontario’s blueprint by launching a regulated online gambling market.No timescale provided
A smaller market to Ontario.
Also We are delighted to now be live in Portugal with Solverde.pt!
Source LinkedIn 🇵🇹 |
Resolution 5
The Company is seeking general shareholder authority by way of special resolution to give the Directors of the Company authority to allot Shares for cash without first offering them to existing shareholders on a pro-rata basis up to an aggregate number of 14,738,822which represents approximately 5 per cent. of the Company's issued share capital at the date of this AGM Notice.
So nearly £6 million give or take not short on money to fund growth
A acquisition maybe ? Or I interpreting this wrong |
So for my knowledge, not passing the resolution means a third party can't come in and snaffle the cash pile?What does it mean in terms of any future capital raise?DbD :-) |
Definitely interesting resolution
When the cash pile is growing
Disapplying pre-emption rights
Unless the articles or shareholders’ agreement contains provisions to the contrary, companies can disapply pre-emption rights in certain situations by passing a board resolution or a special resolution of the shareholders at a general meeting – this requires 75% approval from shareholders who are entitled to vote, either in person or by proxy. Companies may choose to do this to raise capital from third-party investors. Importantly, this is a regular request on the AGM agenda for UK listed companies and is split into two resolutions, a resolution for an unrestricted authority and a resolution for authority specific to acquisitions or a specified capital investment only. |
Nice one
Resolution 5 related to the disapplication of pre-emption rights and did not achieve the 75% majority required as a special resolution and so did not pass. The Board confirms that it will consult and engage with the relevant shareholders to understand and discuss their views. |
Thanks gipps |
Good article on Motley Fool today |
4theplayer
We are delighted to share that we have been approved for a license by the Pennsylvania Gaming Control Board! 🎉
Pennsylvania is the fourth market, following New Jersey, Michigan, and Connecticut, to license our player-centric and entertainment-focused games.
Top-performing titles such as 4 Fantastic lobsters and 9k Yeti will soon be available in Pennsylvania via our platform partner Gaming Realms 😎 |
Market expansion
We are thrilled to now be live in both Spain 🇪🇸 and Netherlands 🇳🇱 with Casino777!
Source LinkedIn |
Tiny volumes |
Something is going on here. When GG announced their IPO, suddenly GMR shares went to 42. GG pulled out from their IPO in New York, and now all of a sudden shares are dropping under 40. Maybe it's a coincidence? |
Have the huge purchases around 4 years back @ circa 10p finally been cleared? No volume so the persistent overhang selling stopped any move up dead at 35ish. Interesting |
Up on big volume is very encouraging. Lets hope this breaks out to new highs next week. |
Have bought a few, looks a fascinating graph, either market buying into delivery, or takeover IMO! DYOR |
Well these were at 45p some time ago when they were earning much less money than they are today. |
Given the rapid growth this should be alot more than 10x |
The postive move continues. Id argue this is only just reaching the level where it deserves to be.
Using £13.5m adjusted Ebitda for 2024 and 12x gives us around 54p share price.
Even at 10x its 45p and that is far from demanding given the groweth rate.
Good volume recently is always good to see as sellers are getting accomodated. |
Nice volume today and a couple of chunky late buys |
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