Gaming Realms Share Discussion Threads

[lyndon b] 10/7/2020 20:00

I am either being blind or GRM need to update their website with good news stories more regularly, like this 3 year distributor deal.

[brownie69] 10/7/2020 17:50

FAO John 09

Developer and licensor of mobile focused gaming content Gaming Realms has inked a three-year distribution agreement with the Rank Group.

As a result of the partnership, Rank Group casino and bingo brands such as Aspers Casino, Lucky VIP Casino and Kitty Bingo now offer players the entire Slingo Originals portfolio from the firm, including titles such as Slingo Monopoly, Slingo Rainbow Riches and Deal or No Deal Slingo.

Gaming Realms already provides its Slingo portfolio to Rank’s Mecca entity in the UK, with the new agreement extending their distribution to the Stride Gaming brands acquired by Rank last year.

“We’ve been huge fans of Slingo ever since it hit the UK market, so the opportunity to add all the Originals to our game portfolio this year is genuinely exciting, and well worth the wait! We look forward to building on its success and bringing this market-leading content to a wider audience than ever before,” noted Riaan Slabbert, chief product officer of Rank Digital.

This follows a two-year partnership entered earlier in the year, which sees Hasbro gain exclusive rights to act as an agent on behalf of Gaming Realms in order to identify and help negotiate licensing opportunities for the Slingo brand in various digital gaming categories.

“We are delighted to announce the continued strengthening of our relationship with Rank through this agreement,” added Michael Buckley, interim CEO and chairman of Gaming Realms.

“We constantly strive to bring new and exciting content to an increased audience and believe that through Rank’s great portfolio of brands we can further enhance the Slingo brand here in the UK.”

[john09] 10/7/2020 12:13

It’s the US stuff that’ll get this one moving rather than the UK

[iroquoi] 10/7/2020 12:06

Developer and licensor of mobile focused gaming content Gaming Realms has inked a three-year distribution agreement with the Rank Group.

As a result of the partnership, Rank Group casino and bingo brands such as Aspers Casino, Lucky VIP Casino and Kitty Bingo now offer players the entire Slingo Originals portfolio from the firm, including titles such as Slingo Monopoly, Slingo Rainbow Riches and Deal or No Deal Slingo.

Gaming Realms already provides its Slingo portfolio to Rank’s Mecca entity in the UK, with the new agreement extending their distribution to the Stride Gaming brands acquired by Rank last year.

“We’ve been huge fans of Slingo ever since it hit the UK market, so the opportunity to add all the Originals to our game portfolio this year is genuinely exciting, and well worth the wait! We look forward to building on its success and bringing this market-leading content to a wider audience than ever before,” noted Riaan Slabbert, chief product officer of Rank Digital.

This follows a two-year partnership entered earlier in the year, which sees Hasbro gain exclusive rights to act as an agent on behalf of Gaming Realms in order to identify and help negotiate licensing opportunities for the Slingo brand in various digital gaming categories.

“We are delighted to announce the continued strengthening of our relationship with Rank through this agreement,” added Michael Buckley, interim CEO and chairman of Gaming Realms.

“We constantly strive to bring new and exciting content to an increased audience and believe that through Rank’s great portfolio of brands we can further enhance the Slingo brand here in the UK.”

[john09] 10/7/2020 12:00

Don’t suppose you could cut and paste that article please? I’m currently in the Middle East, any gambling related websites are blocked so cant read it unfortunately. Cheers

[brownie69] 10/7/2020 11:42

More info on the Rank deal.

[nw99] 09/7/2020 14:30

Buy the dips

[ronwilkes123] 09/7/2020 13:44

Widen the spread Kill the seller Classic mm

[lyndon b] 09/7/2020 11:51

Hi Ron....there are two GMR threads and I wrote a comment this morning on the other one (after Lanista had replied to your question this morning on the other thread!)

Lanista...thanks for the response

[ronwilkes123] 09/7/2020 11:51

Ignore that post below I've seen his posts further down

[ronwilkes123] 09/7/2020 11:30

Looks like Lyndon maybe was up to no goodPosts deleted

[lanista 0202] 09/7/2020 11:17

Lyndon, I am agreeing with you 100%, it’s not a problem with the message, the problem is trusting the messenger. On the current board of GMR you have an American, Jim Ryan, who is sitting on many boards of great companies in this branch of the industry. He is also sitting on the board of Gamesys, he is followed with a great reputation, and he was instrumental in selling Foxy Bingo that last time when the same chairman and management ran a private company which owned Foxy Bingo. He was also instrumental in key moments in GMR, naturally, all serious professional investors know these things. Making him chairman of the company, and bringing a bullish, young CEO, will produce the same effect in the market like you have announced that someone placed an offer to buy this company. Professional investors will be running to buy these shares, and before you know it, we will be hitting 50p and doing even better in the USA. Unfortunately, this company was able to do this effect in May, if they did this, or something similar. But to achieve share rise and stability, we need big hitters buying big volumes, with the current management that’s not going to happen. So unfortunately, ran like this, this company is a sitting duck for somebody to buy it with a 50% discount of the real value.

[lyndon b] 09/7/2020 10:45

Lanista, thanks for the insight.

Their current revenues are ridiculously good, whether through good business planning and/or fortuitous Covid market conditions.

I know nowhere near as much as you do on this company, but I get good vibes. If they continue to give trading updates like recent announcements, coupled with a strong message in Sept, then this one could tick a lot of boxes for us.

[lanista 0202] 09/7/2020 09:34

Ron, this is a very unusual situation. To understand where I’m coming from, let me explain. “InventoryR21; like Slingo, two licenses in the USA and the third one already applied for, development, platform, London listing, etc. Without attaching any results, it’s worth roughly 23-24p if you start selling this “inventoryR21; to other companies. If you attach the current results and the results that will be achieved this year, the value should be anywhere between 30-35p, that’s a very conservative and cautious approach. The “wound” that this company was carrying for the last three years are some shareholders who own 3+ percent of the company individually, and at the same time, they lost their respect for management. Another problem, is that management is running this company as a private company, but it’s a public company. How difficult is it for them to do an RNS for the Rank deal? More info about this company you can find in the chat rooms than through the company’s info centre. For example I found out that a couple of professional investors sold their shares, but they still feature as major shareholders on GMR’s website. But that should be good news, because unhappy shareholders sold their shares directly to new professional investors, for a high price, which is showing that you still have good names believing in the future of this company, and at the same time, you’re showing that unhappy investors happily left. So I really believe that the current chairman (who is used to running private companies for the last 50 years) understands how important information is for a public company. So, knowing that unhappy shareholders left and are leaving using direct sales to another lot of professional investors is giving me lots of optimism.The current chairman and his view of how a public company should be run are making me nervous. If we have healthy quantities of shares traded between now and September, after September RNS, shares will rise to 25-26p and adjust to 2021. If in the same time, we have an announcement of bringing new people into the company in top management, we will be 35p before the new year, if not we will be bouncing between 21-23p per share, as we were bouncing between 8-10p for a long time. So I will definitely wait (and quite a few other people who are big shareholders in this company, who I met over the years) for the September announcement, and see if there is any major boardroom and executive shuffle. If there is, then I will wait for another year, to achieve real value or takeover, if a new name doesn’t pop up at the top of this company, then start selling for around 20p, because I really don’t want to be sitting around for another 18 months on a seesaw between 20-22p, hoping for a takeover.

[ronwilkes123] 09/7/2020 07:57

What's your short term target share price Lanista

[lanista 0202] 08/7/2020 18:55

2.7mil changed hands today for an average of 17.8, good amount of shares, and a good average. The good thing about today is that, even people who are here in this company from the beginning are now entering positive territory. Very healthy trading indeed.

[ronwilkes123] 08/7/2020 18:29

More has shown up

[lyndon b] 08/7/2020 16:50

Spoke too soon, there was a 850k block sold, total sales 1.5m.

[john09] 08/7/2020 16:45

Nice find Russ

Holding its recent gains well too

[lyndon b] 08/7/2020 16:43

Looked more subdued today on the sell side?
228k of (buy) shares popped up in the after hours auction @18p.

[brownie69] 08/7/2020 08:04

A useful article on the Igaming Index and the consituents plus comment on valuations.

[mad foetus] 07/7/2020 21:18

I added today. Managed to get them at 16.2 which was fortuitous

[langham77] 07/7/2020 21:13

Keep the Faith it's going higher Rome wasn't built in a day . ?