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GAN Gan Plc

225.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gan Plc LSE:GAN London Ordinary Share GB00BGCC6189 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 225.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Gan Share Discussion Threads

Showing 701 to 723 of 19675 messages
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DateSubjectAuthorDiscuss
15/5/2018
08:31
Possibly at some stage although they look ok at present. If they do it's because the scale of the opportunity has increased exponentially.This has suffered from lack of liquidity in part, IMO, because the business is not broadly understood. There was talk last year from the co about seeking a dual US listing in order to appeal to a broader and presumably more familiar (in the context of it being US-centric and casino oriented) investor base. If that happens it would surely send this absolutely flying.
noujay
15/5/2018
08:29
NY Boy

Don't know the answer to that but if they do have a cash call I hope it's open to all and not just a placing.

What is good news is that there will be at least two RNS in H2 when they start operating in New Jersey and Pennsylvania, which should do wonders for the share price

mylands
15/5/2018
08:27
How much cash have they got left, do you guys see a cash call coming on this spike?
ny boy
15/5/2018
08:22
50p offered!
mylands
15/5/2018
08:21
Excellent!
someuwin
15/5/2018
08:16
I like the last sentance of the RNS:

"We welcome yesterday's repeal of PASPA and confirm that sports betting will be material to GAN's revenues going forwards, commencing in the second half of 2018."

GAN PLC

15 May 2018

LONDON STOCK EXCHANGE (LSE): GAN | IRISH STOCK EXCHANGE (ISE): GAME

Welcomes Legalization of US Internet Sports Betting

Confirms H2 launch of Internet sports betting in the US

London & Dublin | May 15, 2018: 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 welcomes the decision of the Supreme Court of the United States ("SCOTUS") to overturn the previous Federal US prohibition on sports betting enshrined with the Professional and Amateur Sports Protection Act 1992 ("PASPA").

The Company confirms it is preparing to launch Internet sports betting in both New Jersey and Pennsylvania for its clients in H2.

Sports betting will be delivered as an integrated extension into GAN's enterprise software platform and GAN will participate in the material incremental sports betting revenues. These incremental revenues are expected to be material for GAN in H2.

Management Commentary

Dermot Smurfit, CEO of GAN commented:

"GAN has been preparing for sports betting since Q4 2017 at the request of multiple US Clients who asked GAN to review, procure and support the delivery of sports betting solutions both online and for deployment in the retail channel in the event PASPA was overturned. We welcome yesterday's repeal of PASPA and confirm that sports betting will be material to GAN's revenues going forwards, commencing in the second half of 2018."

mylands
15/5/2018
07:51
You can't buy these in any meaningful amount - not even 10k shares

shame

gersemi
15/5/2018
07:51
Liberum Capital have today issued a BUY note on GAN. But have their previous 79p target under review - they've probablly had to send out for a bigger calculator!
someuwin
15/5/2018
07:39
Liberum had a 79p target here even without anything for PASPA's repeal.

And Davy are already forecasting GAN to make EBITDA of £1.7m this year rising to £4m next year.....again, without anything from PASPA.

I've previously stated this could be one of the stocks of the year, and yesterday's news should help crystallise that.

rivaldo
15/5/2018
07:14
When a fuller understanding of how the US might open up, as opposed to assuming all operators will benefit, this niche stock is IMO beautifully positioned.
noujay
15/5/2018
07:05
I totally agree, that's why it's nice to see them catching up today. My comment related to the longshanks reply stating they'd gone up 160% yesterday.
mip55
15/5/2018
07:01
mip55

I don't think any gaming online operator moved as little as GAN. When you take in to account their US exposure it's obvious the market has not caught up with the recent events at GAN.

Spoke too soon!!

mylands
15/5/2018
06:55
Sorry _ crossed posts!
mip55
15/5/2018
06:54
Suggest a visit to Specsavers longshanks - rise was 1.6p or 4%
mip55
15/5/2018
06:52
Apologies - got my WEB and GAN mixed up!
longshanks
15/5/2018
06:51
I don't see 160% yesterday as muted!
longshanks
15/5/2018
06:43
someuwin

Not for long!

With rises of up to 14% yesterday for the major gaming online stocks, GAN's increase was quite muted. So, I expect a good move today as investors realise the potential here for substantial growth as a result of the Supreme Court decision.

mylands
15/5/2018
06:35
GAN very much under the radar - so far.
someuwin
14/5/2018
18:42
They have the capital given tech is already there. The model is not capital heavy moving forwardI suspect they will be taken out pretty quick nowPtec are the obvious buyers although they are so cheap they may not be on radar yet
trentendboy
14/5/2018
18:29
I agree that they should be generating decent cash flow soon if not already. I just suspect they are rather constrained on working capital and that may hamper further expansion.
longshanks
14/5/2018
18:16
70p easy now. Much more to come
trentendboy
14/5/2018
17:31
Don’t see the need for cash, the business will be generating free cash soon enough, but then I would not have any issiue them raising a couple of million in a placing around the current price!
bookbroker
14/5/2018
17:20
If they need cash it's presumably to keep pace with the considerable opportunity and that, along with the higher share price, ought to stand it in decent stead regardless.It seems to me that given the land-based nature of the GAN's customers, and that they represent the sole distribution point for offering a sportsbook in the US, then this is very well positioned indeed. Add to that the turn to positive ebitda last year and the encouraging start to this year in terms of resigning Paddy Power and taking on new customers, what odds a takeout amidst the impending stampede to establish US positions?
noujay
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