Gan Share Discussion Threads

[noujay] 16/10/2017 12:25

They seem to have cash in the pot for now and taking in decent payments from new operators (2.2m mentioned from one since end of H1) so hopefully there won't be a capital raise anytime soon. The capital in already from family which can be converted is at quite a high price of memory serves too.

[trentendboy] 16/10/2017 12:14

evolving much more slowly than they expectedSo now the question is do they have enough money to keep going until we do get more US regulationThey were too optimistic but so was I buying into this companyIt is still a bet on US regulation state by state

[noujay] 16/10/2017 11:03

Out of interest and as I am a) new to this stock and b) there is not a lot of recent outside reporting on it, what are others invested expecting over say the next 12 months?Obviously a slew of new contacts and some movement on gaming regulation in the US, but there are other growth areas (Italy) which seem encouraging and so any overall commentary would be appreciated.Historically it had high expectations but the looks of it but have they been unfulfilled or is the story just unwinding at a slower pace than expected?

[bigdog00] 13/10/2017 21:38

As a side note coming up in early December 4th is the long awaited hearing in the US Supreme Court on Christie vs ncaa et al which essentially claims sports betting as a states right in an effort to legalize the activity nation wide. Courts decision in this case should be announced first half of 2018. For obvious reasons a favorable ruling for betting would help the overall online gaming situation and presumably us too here.

[noujay] 13/10/2017 19:03

I guess anything interesting would be the manifestation of a few trades to indicate that a few were buying into the story.The next update would be due January but it would be good to see a couple of new customer announcements before then.

[trentendboy] 12/10/2017 18:36

Nice post. Anything interesting happen at the meeting?

[someuwin] 12/10/2017 18:33

Walbrook PR‏ @WalbrookPR · 2 hours ago
#GAN plc CEO Dermot Smurfit presenting to a group of investors and analysts in the City

[noujay] 11/10/2017 08:57

Always a few sells and no matching trades. I'm guessing the US firm is sitting underneath picking them up.

[noujay] 08/10/2017 08:47

It is a shame Trent and regulation would surely give the share price a jump start, and bring some liquidity too.It seems cautiously priced at the moment and perhaps doesn't fully reflect some of the fundamental progress made here. If the analysts are right then 2018 is the real turning point in terms of revenues based purely on their existing customer base and growth trajectory.Regulation would certainly put real fizz in the price on the expectation of future scale but it actually looks pretty good as it stands.What we don't want to see is another cash call of any type to validate the earnings. I haven't been here that long but a few that have been must presumably have suffered as a result of this on the journey so far.

[trentendboy] 06/10/2017 15:30

Up then down. They are really struggling to gain tractionI thought we would have regulation by now. It is a shame

[noujay] 06/10/2017 08:17

Thanks cottoner

[noujay] 06/10/2017 08:14

This one certainly moves on the tiniest volume, barely any liquidity at all.

[cottoner] 06/10/2017 08:14

REVEL/Ten casino reportedly sold.


'Watching eagerly from the sidelines is online gambling technology provide GAN, which has a deal to launch a New Jersey online gambling site that would piggyback on the Revel/TEN gaming license, if and when somebody finally kicks open the casino’s doors and chases out the rats that will have taken up permanent residence inside this white elephant.'

[cocker] 05/10/2017 13:42

Is this related to gambler shooting in Las Vegas?

[noujay] 05/10/2017 08:26

See what happens over the next couple of weeks. They sure do make a pigs ear of getting things done over there sometimes

[mip55] 05/10/2017 08:06

PA Budget Deal Implodes; Online Gambling Relegated To SidelinesDustin Gouker, October 4, 2017 15:42 PDT

[noujay] 03/10/2017 13:03

I'd sure like to hear some positive news on that front to increase the scale of the opportunity here..

[cottoner] 03/10/2017 08:22

Pennsylvania Budget Deal Reportedly Close, State to Authorize Rural ‘Mini-Casinos’

[noujay] 29/9/2017 15:35

At least there's some action here although no liquidity to speak of. Would hope over the coming weeks it drifts upwards as more revenues and partners come on stream

[rivaldo] 28/9/2017 23:30

Useful background on the Overseas Internet Casino deal:



Extract:

"GAN also shed a little more light on the “Overseas Internet Casino” deal it inked with an unidentified “major US casino operator” in September 2016. While the operator’s identity remains a state secret, GAN now says the overseas site will launch in Q4 2017.

GAN previously hinted that its mystery client was already a customer, and a “major multi-property casino operator in a regional US gaming market” with $1b in annual revenue. For the record, the companies on GAN’s client roster that fit that description include Station Casinos, JACK Entertainment, Isle of Capri and Oklahoma’s Chickasaw Nation.

GAN CEO Dermot Smurfit claimed GAN will benefit from the unnamed casino operator’s “material marketing investment.” Since H1 ended, GAN says it has received £2.2m in cash payments related to the launch of this online casino and a “2016 claim to ongoing research and development activity.”

[noujay] 28/9/2017 17:11

Anybody here catch the conference call?

[johnv] 28/9/2017 15:27

Yes I have always found HL never to get within the spread unlike Barclays

[noujay] 28/9/2017 15:06

Which is a waste of time if you can buy at 25.45 via Barclays!

[johnv] 28/9/2017 15:04

you can 60000 @27.4p thro HL.

[someuwin] 28/9/2017 14:54

Walbrook PR‏ @WalbrookPR · 9 minutes ago

GAN Plc (AIM: $GAN) – Liberum sees significant sort-term upside towards target price of 64p