Gan Share Discussion Threads

[noujay] 24/5/2019 08:54

Absolutely agree, it could use a pinch upwards soon although I'm still not sure a sale is necessarily their main objective at this stage.Looks like Draft Kings start online in WV next week and Fanduel will be right behind. Clock ticking on Penn and Michigan bills get filed next week and ought to move through given it went through last year.

[trentendboy] 24/5/2019 08:35

SCH yesterday shows what happens to stocks that are "in the market place" and GAN will follow I am pretty sure.

Just I would rather it get back to 70p before the TO

[waterloo01] 23/5/2019 19:09

Indeed and by the AGM which is in a few weeks.

[busterdog2] 23/5/2019 19:00

I can’t see the share price going anywhere until they complete the strategic review and clarify the future of the business.

[waterloo01] 23/5/2019 17:52

Average trading price over a set period, usually 20 days. Volume Weighted Average Price

[waterloo01] 23/5/2019 16:09

One assumes they will have some news to release before the AGM on 12th June. share price seems becalmed but wonder if someone wants to keep the VWAP where it is?

[noujay] 21/5/2019 20:15

Re Iowa potential partners as touched on a few days ago.https://hostedimages-cdn.aweber-static.com/NTk2OTM5/optimized/d382c897deb04013b6b21244c433dea9.png

[noujay] 21/5/2019 13:45

Yes will be there

[mylands] 21/5/2019 11:31

How many are going to join me at our annual opportunity to quiz the board at the AGM on June 12th?

[noujay] 16/5/2019 17:16

No fairly standard to have that right to issue and it expires annually (15 months in this case) so they have to renew it

[alan@bj] 16/5/2019 16:59

Should we be concerned about the proposals to issue up to 28m new shares - one third of the number currently in issue?

[mip55] 16/5/2019 16:46

Issued at 4pm Proposed cancellation of admission to Euronext GrowthThe Company has proposed to cancel the admission of the Ordinary Shares to trading on Euronext Growth ("Cancellation"). The Cancellation is conditional, pursuant to Rule 41 of the Euronext Growth Rules, upon shareholder approval. The Notice of AGM being published today sets out the background to and reasons for the Cancellation, the reasons why the Directors believe that this is in the best interests of the Company and its Shareholders as a whole.

[noujay] 15/5/2019 15:40

Parx just confirmed online sports app launching early June. Finally Penn is kicking into gear - online casino will follow in July.

[noujay] 15/5/2019 08:57

Logic would probably suggest Fanduel will tie straight in with one of the Diamond Jo casinos for online access and GAN will provide the wallet, account services and patent to link the loyalty/rewards related aspects.Same arrangements in Indiana via Belterra Casino or Blue Chip Casino.

[molatovkid] 15/5/2019 08:40

William Hills US gaming figures up strongly today....

Back to GAN, surely GAN are in talks with Iowa casinos....why not say, we are in active discussions. A bit more meat on the bones would certainly help.

[noujay] 15/5/2019 08:19

Must be via Fanduel with market access through Boyd. Those states are mobile friendly so will likely move fast.Hoping for Michigan to get some momentum soon too.

[igoe104] 15/5/2019 08:16

GAN Reports Strong April 2019 Internet Gambling
Growth For New Jersey
Total Internet Gaming Win Increased 58.9% from prior year monthly period
London & Dublin - May 15, 2019: GAN plc ("GAN" or the "Company"), an award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, today updated the market following the publication on May 14, 2019 by the New Jersey's Division of Gaming Enforcement ("DGE") of Internet gaming and Internet sports betting financial information for the calendar month of April 2019 in New Jersey.
Highlights from the DGE include:
-- Internet Gaming Win was $36.6 million in April compared to $23.0 million in the prior year period, reflecting a year-over-year increase of 58.9%.
-- Total Internet Sports Wagering Handle (1) was approximately $254.0 million for the month of April compared to $298.3 million for the month of March and $259.0 in the month of February 2019.
-- Internet Sports Wagering Gross Revenues (2) (after payouts) for the month of April were $16.6 million, compared to March's $24.3 million and February's $15.5 million
-- Combined (3) Internet Gambling Revenues were $53.1 million for the month compared to $63.4 million in the previous month, but up 131% on a year-over-year basis when compared to April 2018
(1) Gross amount of money accepted in wagers
(2) Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months

[rivaldo] 15/5/2019 08:09

Excellent - GAN confirm the Iowa news:



A strong hint here:

"GAN is strongly positioned to serve Iowa's casino operators and anticipates servicing one or more land-based casino in the state in 2019"

Momentum is increasing fast:

""Iowa is the third state to legalize sports betting in 2019, following Indiana and Montana, both of which passed legislation in the past few weeks."

[noujay] 14/5/2019 21:34

New Jersey numbers - presumably announced here tomorrow. Casino and Fanduel killing it still.https://www.legalsportsreport.com/32524/nj-sports-betting-april-2019-numbers/

[busterdog2] 14/5/2019 17:09

Well on track for that if the current momentum continues.

[waterloo01] 14/5/2019 16:14

The supreme court on Monday struck down a federal law that bars gambling on football, basketball, baseball and other sports in most states, giving states the go-ahead to legalize betting on sports.

The supreme court ruled 6-3 to strike down the Professional and Amateur Sports Protection Act. The 1992 law barred state-authorized sports gambling with some exceptions. It made Nevada the only state where a person could wager on the results of a single game.

One research firm estimated before the ruling that if the supreme court were to strike down the law, 32 states would probably offer sports betting within five years.

[noujay] 13/5/2019 22:36

And then a few moments ago..Iowa legalises!https://sportshandle.com/iowa-sports-betting-becomes-legal/

[noujay] 13/5/2019 14:51

New guys is connected to David Goldberg from a past life at youbet it seems. All of which is driven to corporate progress it would seem.

[noujay] 13/5/2019 08:43

It would also seem worth noting that the incoming CFO is specifically alluded to in the RNS as having "specialist expertise" with US listed firms.