Gan Share Discussion Threads

[molatovkid] 03/6/2019 08:24

Pace of legalisation seems to be picking up - how can any state ignore such large amounts?

[rivaldo] 03/6/2019 07:27

Cheers Noujay, excellent news. Hopefully an RNS will follow today. Illinois is quite a large state, with a 13m population, and this could net Illinois "more than $12 billion in the next six years":



Extracts:

"Illinois Senate backs legalized sports gambling, more casinos"

"Six new casinos, along with legalized sports betting, are coming to Illinois after Senate lawmakers approved a massive gambling expansion bill Sunday."

"Link estimated that gambling expansion along with other revenue-raising measures in the bill could net Illinois more than $12 billion in the next six years."

[noujay] 02/6/2019 23:26

Might well see something about this first thing

[noujay] 02/6/2019 21:32

And then Illinois happened - or will within 24 hours. Now it really is getting interesting.

[trentendboy] 31/5/2019 13:12

Other deals getting done in consolidating sectorWe know GAN really shifts on little buying pressure as it is very illiquid.A jump to 70 would not be unusualCan't help thinking the vultures are circling Buying on fundamentals makes sense with that TO bonus chance at any secondWhen a stock slowly drifts up it can be a sign a TO is about to go downThe SCH run up ahead of the TO is an interesting case

[noujay] 31/5/2019 10:28

It would seem so yes given their cash position is increasing and at last count was north of £8m

[mylands] 31/5/2019 09:41

On II I can only buy a max of 2250 shares at 63p, yet I can sell 62,500 at 61p. Something tells me the market is either short of stock or they know something is about to break.

[rivaldo] 31/5/2019 09:25

Good to see buying now at the full 63p offer price.

[molatovkid] 31/5/2019 08:08

It's potentially a great Sunday newspaper story.....Irishman see's the opportunity first and steams into the US online gaming market

[longwell] 31/5/2019 08:00

Word needs to be spread about Gan , get some momentum going.

[longwell] 31/5/2019 07:59

Time will tell.
Me, looking for 75p to reflect forward looking opportunity over next 12 months at this point.

[molatovkid] 31/5/2019 07:59

First mover advantage, good partnerships being formed and backed up by a solid patent....looking pretty good to me so far.

[longwell] 31/5/2019 07:58

They want to make the most of a once in a lifetime opportunity in their sector.we have to believe they will do all possible to make themselves very rich.we will get a benefit boost to our portfolios but these guys must be looking at a golden egg so surely if it can be done, they will try their hardest?

[trentendboy] 30/5/2019 22:10

Are GAN is the prime seat - that is the questionDo they have the funds to back this up and grab the contracts

[rivaldo] 30/5/2019 15:32

Five states have legalized sports betting in the last few weeks - and another EIGHT could come on stream this year:



"Analysis: The Next States Poised to Legalize Sports Betting
May 29th, 2019

Legal sports betting bills passed through the legislatures of five statehouses in the past few weeks, ushering in a flurry of activity after months of relative quiet in the legal gaming arena. We’ve now entered a second stage of suspended action, but this is shaping up just to be a calm before another storm of action.

Eight states as well as the District of Columbia are all positioned to take sports bets sometime this year, joining the eight jurisdictions already doing so. In 2019 alone, lawmakers in Montana, Indiana, Iowa, Tennessee and Colorado have approved sports betting legislation.

Meanwhile, another handful of states are still debating legislation in their respective statehouses, several of which seem to have good odds to pass.

Legislation seldom follows a straightforward or simple path, made clear once again by unexpected moves in Louisiana earlier this week. As more and more state houses near the end of their respective sessions, here are the remaining states best positioned to legalize wagering on sporting events in 2019.

etc"

[igoe104] 29/5/2019 15:52

This is looking much better now, this company has so much potential, it's all about being patient and letting the red tape clear. Once all these states are fully up and running GAN should be printing money.

[noujay] 29/5/2019 09:07

First PA casino (SugarHouse) stated testing yesterday will be fully live by Friday assuming no problems. Parx likely to be next two weeks IMO.

[jitters3] 28/5/2019 13:33

Thought we would be up more than this tbh

[noujay] 28/5/2019 09:19

Nice to see one decent sized buy behind the announcement today.No doubt the legislative processes are flowing in the right direction but most importantly we should see actual client progression in the next few weeks. The big one is Pennsylvania going live on 15th July with Internet casino where GAN will participate with Parx and VF/Fanduel but between now and then there's online sports betting to come in Penn and also WV.

[molatovkid] 28/5/2019 08:11

New markets opening up at a fair rate of knots now. 12 down - 38 to go....

How many small cap businesses can increase their prospective client base by millions a month?

[rivaldo] 28/5/2019 07:30

Yep, excellent news.....



"Tennessee is the 12th State to legalize sports wagering in the US and the fourth to do so this year. Following the launch, 16% of the total US population will be able to place sports wagers online."

[mip55] 28/5/2019 07:21

Tennessee latest state to legislate:the legalization of online sports wagering is expected to be material to GAN's business, as the Company anticipates existing clients to extend their online GAN-supported operations into the State of Tennessee in 2019.