Gan Share Discussion Threads

[dgduncan] 13/3/2019 15:39

What would you think if someone borrowed some houses owned by you and your neighbours from the mortgagees and immediately sold them on the market ?. Sent out a circular saying there was a possibility of a motorway going through the area. With the glut of houses for sale, prices would crash and other owners would then get theirs on the market super quick to try and sell before the prices went even lower. What was once a respectable area is now a not so vibrant area. The ‘someone’ then buys the houses back at the lower prices and gives them back to the mortgagees. Job done and pocketed a good wedge and you still have your house - albeit a lot less in value. The ‘someone’ has pocketed a good sum but at yours and the other owners’ expense. Is this legal ??. No - of course it is not as this would be a ludicrous situation. It is however legal to do it with your stocks.
The AIM is less liquid than the main markets and is a breeding ground for this practice.
If you disagree with selling shares you do not own, please sign the government petition :

[rivaldo] 13/3/2019 15:22

FYI - note that GAN already has a partnership with IGT:

"Rhode Island online wagering bill poised become law
13 March 2019

Mobile wagering in Rhode Island is awaiting approval from Governor Gina Raimondo to come into law, after the state’s House of Representatives passed a bill already approved by the Senate.

S37, introduced in January by Senate president Dominick Ruggerio and passed by the Senate in February, allows the Twin River casinos in Lincoln and Tiverton to launch online and mobile sports betting.

The casinos, currently the only places permitted to offer land-based betting in Rhode Island, must only offer the online services to customers that have registered for an account at the venue. They must also use geolocation technology to verify the players are betting within the state’s borders.

As with land-based wagering, 51% of sports betting revenue will be paid to the state, with a further 32% going to the authorised sports wagering vendor, and 17% going to the host facility. Land-based wagering in the state is powered by William Hill and International Game Technology (IGT), which paired up to secure the contract in August 2018.

The state legalised land-based wagering in June 2018, and launched betting at the Twin River casinos on November 26. For the first full month of legal wagering, in January 2019, revenue amounted to $957,900 (£729,150/S64;847,810), from handle of $13m."

[noujay] 12/3/2019 18:09

https://www.paonlinecasino.com/4063/turf-club-fanduel-valley-forge-launch

[noujay] 11/3/2019 22:36

Valley Forge Fanduel sportsbook opened today for testing - main launch on Wednesday.GAN provide account services for the sportsbook.Another stream plugged in.

[noujay] 11/3/2019 15:55

Bit more detail re NJ /Parx:https://www.gamblinginsider.com/news/6892/gan-and-kambi-set-to-supply-parx-casino-sports-betting-in-new-jersey

[bookbroker] 11/3/2019 15:07

Frankly, broker views are an absolute load of 💩, mean zero when the whole business is under onslaught from regulators!

[molatovkid] 11/3/2019 13:53

There is one problem being ahead of the crowd - you have to wait for them to catch up.

But when they do, by god, woooshhhh!!!

[cheshire man] 11/3/2019 11:47

Have missed you keeping us all up to date,,,,,,,,hope you enjoyed your holiday :-)

[rivaldo] 11/3/2019 11:37

Liberum retain their Buy and 85p target:

[noujay] 11/3/2019 09:01

Probably won't be enough for a breakout given the relative size but who knows! Michigan would certainly do the trick though and that's moving along

[nw99] 11/3/2019 08:59

Yes very much so matey

[noujay] 11/3/2019 08:56

West Virginia next per this weekend events - just got to get the governor sign off which ought to be forthcoming, given he owns the casino Fanduel are partnered with

[nw99] 11/3/2019 08:39

Look for more states to be added huge potential

[john09] 11/3/2019 08:32

Yeah if anyone else wants educating on a “breakout̶1; let me know

[mylands] 11/3/2019 08:26

john09

It is if you think the 41p paid a few days ago was a new level the shares should be valued at!

[john09] 11/3/2019 08:24

Yes except it’s not a breakout....

[nw99] 11/3/2019 08:23

Nice break out positive

[philjeans] 11/3/2019 08:13

Yes - very positive update and miles to go here now.

[mylands] 11/3/2019 08:08

Good news and very good that we are back at 50p.

Let's hope this give the stock a solid re-rating after the drift downward over the past few months

[noujay] 11/3/2019 08:04

Seems the scsw update came at a good time for their readers!

[rimau1] 11/3/2019 07:40

Very useful $990k cost save which offsets the delays in Penn going live, reiterates guidance, reiterates no funding required and numerous catalysts to come including results in a couple of weeks which will hopefully include a patent update. Exciting times and IMO nothing to hold this share back now.

[rivaldo] 11/3/2019 07:34

Excellent news this morning. The $900k saving in the Penn licensing fee is particularly impressive. And nice to see the reiterated trading guidance:

"Based on current strong trading conditions experienced year to date and lower Pennsylvanian licensing costs, the Company remains confident in the CY2019 full year guidance provided on January 25, 2019.

The Company expects mid-to-high double-digit percentage year on year revenue growth in FY 2019 and full year positive EBITDA1, based on the current fixed cost base. The Board does not anticipate any additional capital requirement on the current business plan and the Company is therefore fully funded."

Combined with the SCSW article and recommendation, the next few days should be rather pleasant.

[busterdog2] 11/3/2019 07:22

Pretty good update

[noujay] 11/3/2019 07:11

Between the Penn licensing fee saving the company $900k and the office relocation saving £700k this year their cash position looks to be very good. Not to mention their momentum. Perhaps it will start to move upwards now.

[nw99] 11/3/2019 07:09

Good news nice