Gaming Realms Share Discussion Threads

[mylands] 07/1/2021 08:26

Closing in on my 2020 target price of 30p.

It’s all looking very good indeed for 2021!

GLA

[rimau1] 07/1/2021 07:50

Entain announcing a bolt on acquisition this morning of an online nordic gaming company, enlabs, and the founder concluded “ Enlabs has achieved an enormous amount as an independent business, but we recognise the established trend of industry consolidation and the growing importance of scale."

[sspurt] 06/1/2021 16:00

This is a positive news story - very chirpy holder from back when the company presented in Derby at one of the annual Mello events. It is a different animal now of course but the US is really opening up with New York getting in on the action.

[blueflame] 06/1/2021 14:10

Anything is possible as the US states continue to open up.

[slogsweep] 06/1/2021 14:06

Given the takeover activity in ENT is GMR now 'in play'?

[blueflame] 06/1/2021 13:03

Excellent RNS share price looks like it is going to close at an all time high.

[epicsurf] 06/1/2021 12:37

a note on Wednesday, house broker Peel Hunt reiterated their ‘buy’ rating and 40p target price on the stock, saying the company was “growing to the scale where it can exploit a global market opportunity”.

“We forecast 2021 will be a year of material profitability and cash generation and there is upside to forecasts if the group can enter more markets more quickly than we currently expect”, the broker added.

Shares in Gaming Realms jumped 12.6% to 25p in early trading.

[brownie69] 06/1/2021 10:03

What a great and slightly unexpected announcement in that its much quicker that the last RND which just said H1.

With Pennsylvania to come in the next few months the future is looking bright especially given that we have products that are attractive to the US market.

my biggest concern here is that we get taken out too soon.

[cheshire man] 06/1/2021 10:02

Very encouraging update :-)

[city chappy] 06/1/2021 09:15

Breakout to the next level coming.

[langham77] 06/1/2021 09:11

Congratulations to the management,continuous positive news flow is great to see for Shareholders . Without doubt higher levels will be seen .

[nashwan123] 06/1/2021 09:07

Just topped up at 24.79p as more BUYS come in.

[nashwan123] 06/1/2021 08:51

GMR share price began to rise during the last lock down as folk spent more time gaming online. The biggest danger to shareholder wealth is a takeover approach. I was in Ladbrokes and once they got into the USA they were taken out at a fraction of their future earnings.
Also worth rereading last September trading update which makes me believe GMR will be heading to 30p soon with the potential bonus of a dividend in 2021.

Since updating the market on 8 September 2020 when publishing its interim results, the Company is pleased to report that business performance and sales momentum has continued the trend demonstrated throughout the first 8 months of this year.

Revenues for the Period are expected to be GBP10.7m, 55% ahead of 2019. As a result of this increase in revenue, the Company expects adjusted EBITDA of not less than GBP2.75m for the year ended 31 December 2020.

This strong performance is due to the expansion of our partners internationally, the release of new "Slingo" games, and improvements to the Group's technology. In the second half of the Period, we have gone live with 5 new partners, including PaddyPower Betfair in Europe, and launched 4 new "Slingo" games including Slingo Fluffy Favourites.

The Company has applied for licenses in Pennsylvania and Michigan in the US and hopes to launch in these states during the first half of 2021.

[rimau1] 06/1/2021 08:44

Excellent news, management hitting their licence deadlines. I am expecting the PENN license this month too and then GMR is covering the largest 3 gaming states of NJ, WIS, PENN. Long term prospects here are compelling and my stock is locked away for 2021.

[adamb1978] 06/1/2021 08:33

Nice announcement. Big, populous state to get a license in. Good for the general newsflow

[epicsurf] 06/1/2021 08:07

Wed, 6th Jan 2021 07:00

RNS Number : 6774K

Gaming Realms PLC

06 January 2021

 

6 January 2021

Gaming Realms Plc

("Gaming Realms", the "Company" or the "Group")

Gaming Realms granted provisional iGaming supplier license in U.S. State of Michigan

Gaming Realms plc (AIM: GMR), the developer and licensor of mobile focused gaming content, is pleased to announce that it has been awarded a provisional iGaming supplier license by the Michigan Gaming Control Board, as it remains focused on increasing its presence in the United States.

 

Michigan is the tenth largest state within the U.S., with a population of circa 10 million people. The license will allow Gaming Realms to provide its Slingo Originals game content to Michigan's licensed online casino operators once iGaming is approved to go live by the State's Gaming Control Board, which is expected to happen imminently.

 

Michael Buckley, Executive Chairman of Gaming Realms, commented: "We are delighted to have obtained our provisional iGaming license in Michigan, which presents a larger player market than New Jersey, where the Group operates at present.

 

"We already have a number of deals signed with operators licensed in Michigan and we are confident that it will be a strong market for us, given the awareness of Slingo as a successful gaming brand. We look forward to being amongst those helping to launch its new iGaming market."

 

[brownie69] 04/1/2021 09:30

Todays news of MGM bidding to buy out ENT (aka GVC) is good news for the sector even if the premium on offer is a little miserly.

Given our traction in the US and with more licenses to come it can only be positive for GMR holders and a good start to the year.

[pj84] 01/1/2021 18:14

Just reposting the link above

[epicsurf] 01/1/2021 16:19

Encouraging to see Gervais Williams Miton UK MicroCap Trust plc has gaming realms in its top 20 holdings representing 1.5% of its fund as of the 30th of November
the latest edition in the Vox Markets fund manager series Gervais Williams of Premier Miton updates us on his holding and the stocks he is watching
Gaming realms gets a mention around the 29 min mark
hxxps://www.voxmarkets.co.uk/articles/gervais-williams-of-premier-miton-offers-and-update-on-his-portfolio-9827b33/

[brownie69] 24/12/2020 18:43

Merry Christmas one and all!

Ive got a very good feeling about 2021 for GMR.

[napoleon 14th] 21/12/2020 19:34

GMR presenting on MelloMonday

[bigbigdave] 19/12/2020 14:55

A couple of hundred thousand quid, might be for an expensive kitchen or nice motor, piddling amount to what he has left.

[john09] 19/12/2020 13:55

My advice is not to take notice of bullies 😉

[mylands] 19/12/2020 13:30

Looks like others are taking the bait of certain posters. The filter button is my advice.

[adamb1978] 19/12/2020 11:34

Agree with David. Selling such a small % is irrelevant to me. Director sales always need to be viewed with a context to the specific situation - what their backgruond is, how much they earn, what % of their holding they've sold, even what their age is (ie inheritance planning).

Here its such a small % of what he owns that its not remotely close to being a red flag for me. Each to his own though!