Gan Share Discussion Threads

[noujay] 18/5/2018 14:03

Not sure but it is confusing. This stock very often features trades appearing at later times with far earlier timestamps and I have assumed it relates to trades on the ISE or Nex. Looking at the ISE there's no real info - although as it prices in euros for a moment I thought it had sprung to 79p!

[mylands] 18/5/2018 13:57

Can anyone explain what is going on with the 'regular' auction process that now interupts normal price quotes. Every so often we get a low offer/bid price by LSE, as is the case now with LSE on the 'offer' at 64p. What has changed to cause this halt in normal pricing of a stock?

[ltinvestor] 18/5/2018 12:07

Just reread the last set of results and familiarised myself again with the “patent”.After this weeks historic announcement the future is looking very interesting for this small company....

[mylands] 18/5/2018 09:14

After the froth came off the share price yesterday, this morning first thing was a good time to buy in. I expect to see a consolidation around the highs of yesterday and then when more news comes out on we go again!

someuwin

Thanks for reminding me of the AGM.Here are the details. I will be going.

London & Dublin | May 3, 2018: GAN plc (“GAN” or the “Group”), a leading B2B supplier of Internet gaming enterprise software-as-a-service solutions to the US land-based casino Industry, wishes to confirm that the company’s Annual General Meeting will be held at the offices of Mishcon de Reya LLP, Africa House, 70 Kingsway, London WC2B 6AH on Friday 1st June at 2p.m.

[someuwin] 18/5/2018 09:12

GAN's AGM is two weeks from today (Friday 1st June).

Hopefully they'll put out an ultra-bullish update with it.

(That's if we don't get more news before then)

[noujay] 18/5/2018 09:09

The way it's shaping up you might not have to wait quite that long!

[molatovkid] 18/5/2018 08:03

Just been digging around and found this list of New Jersey gaming licence holders/applicants (

I downloaded the spreadsheet version and then filtered for the code 50 - which seems to denote licence holders/applicants

Page 1

As you can see, many (like GAN) are multiple registered and I dont know how many of these do what GAN do. I suspect not many.

[gersemi] 18/5/2018 05:57

Gambling, tech firms scramble for foothold in sports betting

The anticipation of legal sports gambling throughout the United States has prompted a flurry of deals among gambling and technology firms who want a foothold in a market worth billions. Casinos, race tracks, daily fantasy sports companies and others are itching to offer bets in person and online after the Supreme Court ruled Monday that states could begin allowing wagers. That's led companies all over the world to seek ways to team up.

By WAYNE PARRY
Associated Press

ATLANTIC CITY, N.J. (AP) — The prospect of legal sports betting throughout the United States has prompted a flurry of deals among gambling and technology firms who want a foothold in the billion-dollar industry.

Casinos, race tracks, daily fantasy sports companies and others are itching to offer bets in person and online after the Supreme Court ruled Monday that states could begin allowing wagers. That's led companies all over the world to seek ways to team up.

Some casinos need mobile apps or someone to set lines and run sports books that operate much differently than slot machines and table games. Many tech firms, daily fantasy sports companies and others need gambling licenses and experience with significant regulation. Other companies that handle data security and payment processing are also joining the fray.

The industry is preparing for most of the betting to happen on smartphones, just like in Europe. That would also be new for most U.S. states, as internet gambling has been limited to just three states in recent years.

"This is a multibillion-dollar industry that has been operating in darkness and can now be brought into the light with legalization and regulation," said Richard Schwartz, president of Rush Street Interactive, which operates SugarHouse Online Casino, a gambling site for New Jersey residents that offers slots and table games.

Churchill Downs, the race track that runs the Kentucky Derby, said Wednesday it inked deals with a tech company for its platform and the Golden Nugget casino in Atlantic City for its license in New Jersey. It bought Presque Isle Downs & Casino in Pennsylvania in March and owns two casinos in Mississippi, with plans to offer sports betting in all three states.

Dublin-based gambling firm Paddy Power Betfair has an online casino in New Jersey but is considering merging its U.S. business with FanDuel, the popular daily fantasy sports company, in a deal with clear upside for both sides. Betfair would gain a well-known American brand with millions of customers built on technology that could be used for sports betting. FanDuel, meanwhile, would need expertise on complex regulation if it hopes to gain a casino license, a move that most fantasy sports companies tried for years to avoid by arguing that fantasy sports doesn't amount to gambling.

Anticipation of the ruling even prompted some companies to squash their differences and focus on the potential windfall. London-based bookmaker William Hill had threatened to use its stock to derail a buyout between two online gambling infrastructure firms in Las Vegas. But it later agreed to support the purchase of NYX Gaming by Scientific Games.

The opportunities are vast for companies that can help customers turn from illegal bookies and offshore operations, said Laila Mintas, deputy president of Sportradar, a New York company that works with more than 70 sports federations and leagues around the world on fraud detection, including the NBA, NHL and MLS.

"It opens the door for all different stakeholders such as the states, the leagues, the casino and lottery industry to act quickly and to benefit," she said.

Mattias Stetz, Rush Street's chief operating officer, said it plans to offer traditional betting on final scores, along with betting on developments within each game like which team will score next or who will commit the next foul. That's the fastest growing segment of sports betting and popular in Nevada, the only state that had been taking single-game sports bets before the Supreme Court ruling.

Major casino companies MGM Resorts International and Caesars Entertainment and Tropicana Entertainment (recently bought by Eldorado Resorts) all announced plans to offer sports betting outside Nevada, as did the soon-to-open Hard Rock and Ocean Resort casinos in Atlantic City.

David Katz, equity analyst at Jefferies, said Penn National Gaming and Caesars Entertainment are in a better position than their peers because of their many locations in multiple states, "particularly where there is a high probability of sports betting becoming legal sooner rather than later."

Caesars is in a particularly advantageous position, he said, because it has been doing its own bookmaking for years, combining experience with a large amount of volume.

———

[noujay] 17/5/2018 18:58

It all stacks up very nicely and they have seemingly made all the right moves in preparation for this moment.

[gersemi] 17/5/2018 18:49

''So what does this mean in the US in the short term?

There are two very immediate impacts for the potential US market.

GAN powers Betfair Casino in New Jersey. That means SBTECH will be the sports betting platform for that NJ online casino should PASPA come off the books.

GAN also powered the social casino for the unopened TEN Atlantic City (the former Revel). However, it’s not yet clear if that deal will extend to the property’s new owners, which are reopening it as Ocean Resort Casino. The owner already said he intended to put a sportsbook at the resort.

It also has ramifications for Pennsylvania, which legalized both online casinos and online sports betting in the fall of last year. PA’s Parx Casino has an existing relationship with GAN for a social casino, a deal that at last check extended to online gambling in PA, as well.
What does this mean in the US in the long term?

Those are just two quick entry points into the US market for the GAN/SBTECH product. That early mover status should position them to be providers in other states.

On top of that, in April of last year, the NJ Department of Gaming Enforcement granted GAN a “Casino Service Industry Enterprise” license. That designation should also help pave the way for GAN in jurisdictions that legalize online casinos, sportsbooks, or both.

GAN already has relationships with a number of other casinos for social casino gaming. Those include deals in states that could move forward on sports betting in the near future, like Maryland (Maryland Live! Casino) and New York (Empire City Casino).''



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One would think the GAN story's only just started -

[trentendboy] 17/5/2018 18:25

The Forbes article is very interestingRegulation expected globallySome big winners may well include GVC and PTEC

[noujay] 17/5/2018 17:50

Plenty of late reported trades which look to be sells into the strength. If that's wrapped up then tomorrow we may see some more action as we head into a weekend of what is likely to be a bucketload of coverage and analysis of the events in the US this week.

[mylands] 17/5/2018 17:10

Taken from Page 14 of the Investor Presentation given on September 28th 2017 following H1 2017, final paragraph refers to US Listing:

GAN is Addressing Its Orphaned Status

GAN Is Taking the Following Actions...

Increased investor transparency by publishing quarterly business KPIs

Hired The Equity Group, a US investor relations firm, to introduce GAN to US
investors

Hired Walbrook, a UK based financial PR and investor relations consultancy,
to raise GAN’s profile in the UK

Achieved increased research coverage; appointed Liberum as joint broker

GAN is working to achieve a listing on a major US stock exchange

[dubian99] 17/5/2018 16:27

Got to be a real moron selling this tonight

[busterdog2] 17/5/2018 16:25

I've also jumped ship far too early on some and regretted it, but each to his own. I think GAN is in a sweet spot at the moment and I'm prepared to weather the dips and just enjoy the ride.

[molatovkid] 17/5/2018 16:04

Its natural some are taking a quick profit, but i've done that before and lived to regret it.

Not gonna happen this time, I've waited a year for this and happy to wait longer....I'm in for the big score.

Fat, lazy Yanks been able to gamble from their couches....gigantic market. SHOW ME DA MONEY!

This rise alone will get some coverage in tomorrows press - 70p+ close methinks

[noujay] 17/5/2018 16:01

That may be as so, but the small sells indicate a few are taking some profits out after a decent rise.

[dubian99] 17/5/2018 15:47

Never mind catch it's breath, simple maths, a door has been opened and just a foot has been put outside

[noujay] 17/5/2018 15:39

Yes but it needs to catch a breath. Quite a few who would like to take some if they fall below 60 I would think

[dubian99] 17/5/2018 15:35

I may have something wrong, but the re-rate so far ascribes a doubling of the market for GAN, surely it's multi multiples