The tax on betting companies I suspect, although it seems an overreaction. Even if you assume all the UK/Isle of Man/Gibraltar revenues are for UK only consumption, that's still less than 25% of their revenues. Also, as they point out in their risk factors, the operator, and not GMR, pays the tax.
Having said that, I'm sure if the gaming duty doubles, there will be some discussions regarding sharing the pain when their licenses come up for renewal, but by then, it's likely to be an even smaller part of the business.
I've been adding at 33p. |
Reaction to the possible additional taxing of betting companies or just weakness and profit taking ? |
We know MNG is getting out, maybe anti gambling, maybe just all AIM derisking. The question is who has been mopping them up. No RNS but some pretty big buys during the weeks. |
Tempting here right on support |
I exited all IHT Aim holdings earlier this month except GMR |
Good to see some discussion on the board.
If GMR hit their eps target of 3.3p
That puts it on a forward p/e at just over 11 at today's price
No debt, and a growing cash pile |
Sorry should have noticed this has already been flagged by epic surf |
As if to emphasise here's another distribution agreement, this one using Gaming Realms platform to deliver content under license.https://www.gamingrealms.com/news/ |
Paul they are regularly releasing new product, entering new markets and expanding users in existing markets. I don't care what the board has or hasn't said the actions speak louder and eventually a bigger broker will pick this story up and run with it. In the meantime I add. |
sitting on all that cash - and no plan to do anything with it.
Board did not come across as having a future plan that they could elucidate. And as all are aware quite a bit of share price is based on future performance.
So until thye can put some meat on those bones then this is goig to hover areound the 40p mark |
I suspect it's AIM IHT related selloff. Although I doubt this is in many IHT portfolios, some investors are just selling all their AIM stocks as afraid of a big selloff after the budget. |
It doesn't make any sense,the company seems to be growing month on month generating cash Share Price should be in the Fifties in my opinion. Ideal opportunity to buy. |
 Not sure what im missing here,hopefully general apathy towards gaming realms
There is a interview with paul scott on voxmarkets today where GMR gets a mention around the 80 mim mark. Also
Gaming Realms has partnered with one of the UK’s fastest-growing game studios, S Gaming Ltd. The partnership will see S Gaming integrate its content into the Gaming Realms’ platform for distribution exclusively across North America and strategic markets in Europe.
S Gaming builds unique, portrait-first games with an innovative “always in view” bonus round, designed to attract, engage and entertain recreational players. This collaboration will see numerous S Gaming titles including Triple 777 Jackpot, Catch the Robbers and Captain Jacks Chests released in new markets.
Embodying many of Gaming Realms’ core principles, S Gaming is a perfect partner to amplify Gaming Realms’ mobile-focused ethos that has proven popular worldwide.
This third-party content complements Gaming Realms’ own portfolio of Slingo titles, allowing the provider to offer a diverse range of games to its operator partners.
Mark Segal, CEO at Gaming Realms, said: “We’re extremely excited to be partnering with S Gaming, by distributing their unique titles across North America and Europe, where we can greatly expand their reach while diversifying our own offering, creating multiple synergies.”
S Gaming CEO, Charles Mott, expressed his delight: “This is a significant step change for S Gaming. The pace at which this partnership came together combined with the market reach of Gaming Realms has been fundamental to facilitating this distribution agreement..
“Within a year, we’ve launched 20 games with some of the biggest operators across many markets, with this added reach we will now become truly global.
“Securing this monumental agreement with one of the biggest and best innovators in the gaming space will significantly accelerate our North American ambitions. I never could have imagined this happening so early in our journey and I’m grateful to everyone who has made this happen.” |
Actually more interested in Caesars as although the US is slowly adding states they are expected to go live in the whole of Brazil in Jan25, so the closer the relationship the better. |
Don't know which one I should be more excited about Epic, a virtual frenzy of development, Journey to Asgard anyone??https://www.gamingrealms.com/game/slingo-journey-to-asgard/ |
Gaming Realms launches exclusive Caesars Blackjack title across US and Canada
By Gambling Insider
Gaming Realms has expanded its partnership with Caesars Entertainment by launching a new exclusive title, Caesars Blackjack X-Change, across Caesars Palace Online Casino and Caesars Sportsbook & Casino in New Jersey, Michigan and Ontario.
The game offers a reimagined version of Gaming Realms’ existing Blackjack X-Change, incorporating the Caesars brand and a design inspired by the Las Vegas casino.
The new title introduces a strategic "X-change" feature, allowing players to swap cards between hands. This launch follows the previous release of Caesars Palace Slingo last year, another collaboration between the two companies.
Gareth Scott, Gaming Realms CCO, stated: “Our partnership with Caesars continues to be a resounding success, with players demonstrating a natural affinity for the strategic depth and variety offered by our portfolio.”
Matt Sunderland, Caesars Digital SVP and Chief iGaming Officer, added: “This exclusive title is a fun spin on the classic live casino game beloved by many players that offers a fresh and engaging experience.”
Earlier this month, Gaming Realms revealed its H1 2024 financial report. According to the results, the company posted a 51% increase in profit before tax, driven by a 28% rise in content licensing revenue.
The partnership with Caesars Entertainment is part of the company’s strategy to expand its presence in North America, where it has also established deals with other operators such as FanDuel and Fanatics, as well as several Canadian provincial lotteries. |
Same thing happen late yesterday, not sure if they are buys or sells but doesn't seem to be affecting the share price at the moment |
Nice trade of 1 million shares at 40p, just been posted.
Now been erased, and no longer showing!! |
The link suggests GMR is potentially on a discount of 46.7% based on cashflows. |
T/O up 18% in H124. Can't understand why we're stuck on 40p tho' shares are not cheap.
Some listening... hxxps://open.spotify.com/episode/7xV55tO6XFajiod7uB9s3L?si=8eead53414944a34&nd=1&dlsi=c814d3797d114ba7 |
That’s possible. The market likes to hide trades, especially large ones so they can move stock without big moves in the share price |
There is a good interview with Mark segal on igaming Fm on Spotify
hxxps://open.spotify.com/episode/7xV55tO6XFajiod7uB9s3L?si=8eead53414944a34 |
trade was done at 12:27 tho , if that makes a difference?Think at time it was bang on mid price?Still a novice tho after all these years so stbc of course.DbD :-) |
525k sold after market closed at 38.3p |
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