Gaming Realms Share Discussion Threads

[brownie69] 03/2/2021 17:38

People panicking when they read UK Gambling Commission social responsibility announcements and Gaming bill review stories.

They dont understand why GMR is largely immune.

I'm happy those kind of lose holders are getting accommodated as we are better off having them out of the way before the next big leg up.

[langham77] 03/2/2021 08:06

Totally agree keep the faith . Rome wasn't built in a day . ?

[mylands] 02/2/2021 16:34

Nap 14th

I too am not a seller!

Now sitting on a large profit having started buying at 12p, and ending at around 20p. I am waiting for the announcement they are going to move to NASDAQ, which I hope happens before the end of 2022,at the very latest.

[langham77] 02/2/2021 16:23

Absolutely agree, this share price without doubt will go higher in the near future in my opinion.

[napoleon 14th] 02/2/2021 15:28

SCSW's timing could not have been worse! They say "A main write up at 11.9p in July ‘20, it looks up with events. I’m inclined to take a part profit."
I guess that commplies with the "sell half on a double" rule I used to follow but
avoid in high growth situations such as this, along with GAN & ENT (ex GVC).

So today GMR announce a new area with well established players in Italy.
The US is a huge growth story covered by a deal with ENT/MGMR, giving GMR access to that potential.

OK, good on SCSW for a great heads up just six months ago, but why sell when the prospects are so transformative to GMR?

I hold & ain't selling at all in the forseeable future.

[mylands] 02/2/2021 10:01

Langham77

Yes, strange indeed, especially after those delayed trades yesterday, that I read as buys, at around 38p. Somebody now is sitting on a large loss!!

A bear squeeze taking place?

[cashstrapped] 02/2/2021 09:37

Yes the next news is due from US isn't it? Not affected by UK reforms. See how it looks at Easter ?

[langham77] 02/2/2021 09:23

Strange action after yet another positive update.

[chesty1] 02/2/2021 08:57

dunno if this is anything to do with it



I still hold me 20% & was gonna add....but will wait for now! I thought todays news was great...hhhmmm!

[cashstrapped] 02/2/2021 08:53

Is the Italian market seen as a bad move??

[molatovkid] 02/2/2021 08:22

Increased my position here by 2 thirds.

[brownie69] 02/2/2021 07:43

Another good RNS. Further diversification from the UK market and more new client potentials.

[molatovkid] 02/2/2021 07:24

Got a lot of respect for management here. Doing all the right things.

[old fool2] 02/2/2021 07:19

Gaming Realms PLC Gaming Realms enters the Italian gaming market
02/02/2021 7:00am
RNS Non-Regulatory

TIDMGMR

Gaming Realms PLC

02 February 2021

2 February 2021

Gaming Realms Plc

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

Gaming Realms enters the Italian gaming market with market leading operators

Gaming Realms plc (AIM: GMR), the developer and licensor of mobile focused gaming content, is pleased to announce its entry into the Italian market through its collaboration with a number of top tier Italian gaming operators.

Gaming Realms' platform and portfolio have been fully certified for entry into the Italian regulated gaming market by L'Amministrazione Autonoma dei Monopoli di Stato ("AAMS").

Via SG Digital's Opening Gaming System ("OGS") platform, Gaming Realms' Slingo Portfolio is now live in the Italian market with iGaming operators Goldbet and Sisal Group, and will be going live with Lottomatica later in February.

Michael Buckley, Executive Chairman, Gaming Realms commented: "We are extremely excited to be announcing our entry into Italy, a new market and key milestone for Gaming Realms. Goldbet, Sisal Group and Lottomatica are all tier one Italian gaming operators and have been innovating the world of gaming internationally for many years. We are delighted to be making this first step into the Italian market with them as our partners.

"The Company has complied with all the necessary guidelines and regulations in order to enter this new, regulated market and we now look forward to bringing our unique Slingo content to a new audience and exploring further distribution opportunities in Italy, as we remain focused on increasing our international presence."

Enquiries:


Gaming Realms plc
Michael Buckley, Executive Chairman
Mark Segal, CFO 0845 123 3773

Peel Hunt LLP - NOMAD and broker
George Sellar
Andrew Clark
Will Bell 020 7418 8900
Yellow Jersey
Charles Goodwin
Georgia Colkin
A nnabel Atkins 07747 788 221

About Gaming Realms

Gaming Realms creates and licenses innovative games for mobile, with operations in the UK, U.S. and Canada. Through its unique IP and brands, Gaming Realms is bringing together media, entertainment and gaming assets in new game formats. The Gaming Realms management team includes accomplished entrepreneurs and experienced executives from a wide range of leading gaming and media companies.

About Sisal Group

Sisal is top tier 1 operator in Italy. The success of Sisal's ideas underpins the financial results and reputation of a company that has built a relationship of trust and credibility with over 6.8 million Italian consumers over more than seventy years in business. In particular, Sisal operates in the regulated gaming sector, managing a wide range of on and offline games: lotteries, betting, casino games and ADI. Sisal reports a gross turnover 8.8 billion euros in the gaming sector, has more than 1,740 employees and operates a network of more than 39,000 points of sale.

About Lottomatica

Lottomatica, headquartered in Rome. operates one of the largest lotteries in the world, the Italian "Lotto," and is the market leader in the Italian gaming industry. Lottomatica's main business segments include lotteries, sports games and betting, gaming machines and commercial services.

For more information about the company, visit Lottomatica's website: hxxps://www.lottomatica.it/

About Goldbet

GoldBet is among the leading concessionaries in Italy for the collection of sports betting, with a physical network of 990 betting shops and an "online" offer, including on mobile platforms, which includes sports betting, Casino, Live Casino, Poker, virtual games and Bingo.

Goldbet was acquired by Gamenet Group in 2018, one of the largest gaming companies operating in Italy in the public gaming sector authorized by the Customs and Monopoly Agency, leader in the online betting and gaming segment, and with a significant presence in the segments of entertainment devices (AWP and VLT) and Retail.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

[epicsurf] 01/2/2021 18:35

Thanks mylands, with all the consolidation and
activity in the gambling sector and the continuing
opening up of the USA market it is inevitable there will be more consolidation and alao opportunities/partnership's to expand their footprint,I hope GMR reach their potential and don't get taken out to early

[langham77] 01/2/2021 17:47

Interesting

[langham77] 01/2/2021 17:47

Very interested

[mylands] 01/2/2021 17:45

Four big delayed trades posted after the market closed, totalling 444k and priced between 37.9p and 38.25p.

Checking back on today's trades, at no time did any posted trades match those prices, so I have to assume they were buys. Somebody accumulating stock who knows something?

[langham77] 01/2/2021 15:29

Keep the Faith

[the white house] 01/2/2021 11:42

Slingo is gaining serious traction with DraftKings users in New Joisey

[sphere25] 01/2/2021 11:13

The first move here from 30p was great but that last trade hasn't worked so exited - resistance at that 38p held with sellers eventually filling the offer when they realised it wasn't going to go through. Will keep a tabs for a re-entry on this because it is a nice one to trade.

There are a stream of sells here this morning due to a well known publication citing that the valuation is full so people are selling on the back of that. I thought this was going to get clobbered this morning but there is a buyer in size at 36p buying in blocks of 30k so keep an eye out on that as a key support.

Before anyone has a moan, enough time has lapsed imo for subscribers to have made their decision to sell this morning, and with that buyer still there, they can still sell in size now.

I'm a tad surprised that the valuation would be full if the potential in the US was going to be blockbuster resulting in smashing the earnings forecasts. Surely that's the long term play here for bulls right - it looks expensive but won't be once the momentum builds in the US.

Clearly the big buyer at 36p and all other buyers here recently who have bought the weakness do not agree and are sticking by their guns for this to grow into the valuation and really prosper.

I'm only trading this short term because of the regulation risk outside of the US and I'm pants at holding things long term for years and years - everyone has their own style. I suspect lower online stake regulations will follow.

Not pretending to have played this Slingo game, but having looked deeper, the concept of the game is out of kilter with conventional stakes too with an initial online stake being enormously dwarfed by future stakes to allow a completion of the game.

I have been told there is a well known streamer (who has a near 70,000 subscribers on Youtube) who played the Monopoly Slingo game who mentioned that at a £5 stake per spin, at one point in the game, the cost to spin was £3,500 (yes you did read that right!).

That isn't sustainable imo so I suspect regulations will follow to clamp down on that. I don't know if that will then happen in the US too later down the line but that is the biggest risk here imo.

Probably going to end up more a technical trader than wholly fundamental based. Considering the diversity of companies and trades, takes too long to do the research and be a short term trader. Hard to be both and not feel shattered most of the time!

Anywho, abit of digging and feedback there for folks.

All the best!

All imo
DYOR

[brownie69] 30/1/2021 19:06

News can come at any time with this company.

Thats why its dangerous to try trading it. To me its a structural play into the US market opening up. Its a tiddler in market cap terms and yet it has real market share (3.5%) in New Jersey. No reason why that will not be replicated in other markets and news of the Michigan market opening saw a significant jump.

[squintyflinty] 29/1/2021 17:55

Come AUGUST this will be over 50p.

[langham77] 28/1/2021 16:46

Good action, with the next positive news flow this will push through into the 40s