As I've said before, no news from a small cap company is not good for the SP, as we are seeing now. |
Divestment bot running. It is good it keeps ticking the price up but it is going to dump into any demand. I think funds getting out is on investment policy changes rather then economic fundamentals. |
Slingo Santa released today. Tacky as ever, so it could be a seasonal hit. |
Ontario record igaming revenue recently reported, growing 30 percent yoy. Can't find the link again, you'll have to take my word for it.Roll on the BC approval with that massive Chinese gambling market itching to throw money at all things slingo. |
Slingo pop livehttps://www.linkedin.com/posts/gaming-realms_pop-it-like-its-hot-our-latest-game-slingo-activity-7267853709710082048-xCRt?utm_source=share&utm_medium=member_iosBut much more importantly igaming record revenue in Michigan and Pennsylvania set in October. |
Decent rise after a not unusual batch of 100k sell offs. One day they might be finished...The tax/levy plan was released today & will have minimal impact on all players esp smaller ones to fund problem gambling issuesNice win for RR at Cheltenham, see he has sold a horse & a company in last week wonder if any more to come!? |
Actually disregard, the planned levy looks pretty mild overall. |
They indicated an intention to increase the tax though. I expect that info to be released without warning as well. |
Well the industry news today is good news in my opinion. The online slot limits have been well flagged up and good to see they have not been reduced by this unpredictable budget. |
It's all about momentum for most company share movements,unfortunately updates are very sporadic and as you say the company needs to update any relevant news and unfortunately it fails to do so hence the reason why the share price becomes stagnant. |
'How can this stay sub 40p?' Simple really, just a lack of positive news. Two months since the half year numbers, since then nothing else.
It's a minnow. These companies need a steady flow of news to move the share price up, or else the few punters who follow them move on to other fish to catch. |
Yes how can this stay sub 40p. Crazy times. |
Hopefully get back in the 40 s now |
Big pop. Budget fears overblown |
The 5 year restriction on foreign operators entering the Swiss igaming market ends 31 December, after which licenses are issued on a tender call. The requirements are Swiss subsidiary or joint venture with a local operator plus ISO certification. GMR have a subsidiary in Geneva now and the ISO certification so you can expect a planned entry in 2025. |
 However, during a questions session in the House of Commons related to Culture, Media and Sport, Nandy appeared to downplay any speculation that the Government was going to carry out any such tax raid on the gambling industry.
When asked about the rumours, gambling reforms and the industry as a whole, she said: “(Dr Evans) should know, as we do, that you can’t believe everything that you read in the papers.
Hopefully Lisa is well informed I reserve judgement until after the budget
4theplayer
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No volume dumping yet but definitely a divestment bot working. You would expect a spike down when the tax and duty increase is announced and I'll hold back buying any more until then.License fee revenue is not on the table and all the growth was North America and Europe anyway, but maybe a corporate move to Dublin may help ring fence these profits from any future nasty tax grab. |
Clearly a seller around, but no TR1 for a long time. Any ideas ? |
The BC licence is important, there's a huge Chinese population in BC big gamblers |
Joined the party today, will be adding |
Yeah I saw that thanks epic hence still buying. Steady building market share outside the UK keeps de risking the stock from a home tax grab. |
Yes a reaction to to today's news plenty of gambling stocks have been hit
A interesting interview on slotwise.com
With gaming realms just type into search bar on site.
A Extract from the last paragraph below.
Furthermore, we’re excited to soon announce several new operator partnerships that will bring our titles to a wider audience than ever before. This influx of players will undoubtedly fuel our growth and solidify our position as a leading provider in the gaming industry.
It’s an exhilarating time to be part of Gaming Realms, and we’re thrilled to share this excitement with our dedicated fans.” |
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