Gan Share Discussion Threads

[gersemi] 25/5/2018 10:25

25k buy @ 70p

[noujay] 25/5/2018 10:21

I agree it will get taken out so worrying about the entry requirements is unnecessary.Equally though if you have concerns or need more clarity on that why not just email the company IR in the US and get some professional commentary on that.

[gersemi] 25/5/2018 10:19

I could be dead in 2 years.

What I write on here is to a degree utterly and completely meaningless.

Our job as PIs is quite simple. Find a stock, research it, buy it and profit from it.

We have conflicting opinions, such is the nature of BB debate

Either buy the stock because you believe in the company, its management and its prospects or don't...

GLA

[mip55] 25/5/2018 10:12

I'm suffering from badly bitten tongue. Nasdaq listing is unlikely since we'll be taken over LONG before we even qualify to apply for one. Smurfit said his Medium Term strategy was to apply for a listing, if you think that's going to be within the next 2 years I'd be grateful for your thoughts on how we get round the entry requirements.

[mylands] 25/5/2018 09:42

MMs attempting to hold the price back as we will start to see the delayed trades being posted. First one of 10k from 8.32 just posted.

[gersemi] 25/5/2018 09:24

25k buy @ 70p


---

Nasdaq listing on the horizon - why would Smurfit publicly declare it if he wasn't planning a listing - the take up of last week's placing by US investors tells its own story

[mip55] 25/5/2018 08:41

I promise to try biting my tongue kid!

[mip55] 25/5/2018 08:01

In 3 years time maybe

[ltinvestor] 25/5/2018 07:51

Lining up the ducks for Nasdaq listing?

[rivaldo] 25/5/2018 07:39

I like the new appointee's comments - a highly experienced guy in the sector like this would be skilled at identifying an operation set for rapid growth:

"Richard Santiago, CFO-designate for GAN commented:

"GAN sits within the intriguing intersection between the overlapping Industries of online videogames and gaming/gambling with their intriguing Simulated Gaming offering an exciting entertainment experience designed specifically for casino patrons of America. US regulation of real money Internet gaming and, potentially, Internet sports betting also appears to be gaining momentum which positions GAN for rapid growth which I have substantial strategic financial experience in helping Dermot and the existing leadership team manage."

[gersemi] 25/5/2018 07:15

From GVC this morning -

'The recent United States Supreme Court judgement to repeal PASPA, presents the potential for a significant expansion in the regulated sports betting market. Through Stadium, the Group is already the leading B2B provider of sportsbook technology in Nevada, whilst in New Jersey GVC technology supports MGM online casino and poker offerings. The Group continues to evaluate a number of potential opportunities to expand its presence in the US through a disciplined approach. '

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I wonder if GAN's on the radar of GVC?

[molatovkid] 25/5/2018 07:14

Nice appointment....obviously helps to have someone to handle the dosh that is gonna come rolling in.

[gersemi] 25/5/2018 05:31

'To that end, we think that FanDuel, powered by PPB, will likely be a preferred partner of choice for many.'




FanDuel combination offers excellent US strategic positioning at attractive price

David Jennings | Morning briefing | Read Important Disclosures

When we heard the initial details of this potential combination with FanDuel last week, we liked the look of it strategically but said that we would await the financial details before offering a fuller assessment. Having now seen those details, we like this deal even more. The proposed structure gives Paddy Power Betfair (PPB) a 61% stake and operational control of the combined business. The transaction involves an effective transfer to FanDuel shareholders of 39% of PPB’s existing US assets as well as a relatively modest up-front cash payment of $158m. This cash sum is well below what we thought it might be. PPB will have the option to gradually acquire the remainder of the JV over five years, using a mechanism that will independently value the business after 36 and 60 months. As such, PPB’s bet on the future pace of US market regulation is somewhat de-risked (assuming the valuations are fair). In return, the group gains control of one of the most recognized sports brands in the US and a customer database made up almost entirely of want-to-be sports bettors. Of course, challenges remain for PPB as it positions itself for regulated US sports betting, most notably securing access to licences in the various states. But land-based operators, the likely holders of those licences, will be looking for strong strategic partners to help them win market share. To that end, we think that FanDuel, powered by PPB, will likely be a preferred partner of choice for many.'

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We should benefit considerably from the success of PP

[gersemi] 24/5/2018 22:02

Why This Merger May Threaten Casino Stocks Eyeing Sports Betting Bonanza

MICHAEL LARKIN : 5/23/2018

Bookmaker Paddy Power Betfair looks to build the largest U.S. online sports-betting business with its acquisition of fantasy sports site FanDuel. That could pose a threat to regional casino companies like Caesars Entertainment (CZR), Boyd Gaming (BYD) and Penn National Gaming (PENN), which were poised to be the biggest winners from legalized sports betting.

London Stock Exchange-listed Paddy Power Betfair, which has HQs in both Dublin and London, is contributing U.S. assets worth $612 million and $158 million in cash in exchange for a 61% stake in the combined business. FanDuel has 7 million registered customers across 40 states.

"This combination creates the industry's largest online business in the U.S., with a large sports-focused customer base and an extensive nationwide footprint," Paddy Power Betfair CEO Peter Jackson said in a statement. "Together with our substantial financial firepower, we believe we are now well placed to target the prospective U.S. sports betting opportunity."

Regional casino companies, with their vast network of properties, are seen as the best positioned to open sports books around the U.S., especially if states opt to limit the locations where such betting is allowed.

But with online gaming forecast to become perhaps the most lucrative area of sports betting, a merger between the British bookmaking giant and the fantasy sports power player poses a dangerous new threat to the casino stocks.

Shares of Penn National Gaming fell 0.6% on the stock market today, Boyd Gaming dipped 0.5%, Caesars dropped 2.2%, and Kentucky Derby operator Churchill Downs (CHDN) eased 0.1%. The latter stock was first out of the gate last week when it inked a deal to get in on sports betting in New Jersey.

Meanwhile, the more Macau-centric casino giants Las Vegas Sands (LVS) and Wynn Resorts (WYNN) both rose 0.4%. MGM Resorts (MGM), which is less exposed to Macau than its peers, added 0.1%.

Paddy Powers Ahead On Sports Betting

Sports betting bills exist in some form in roughly half the 50 states, but online sports betting could end up being the most important market of all.

That would put specialist bookmakers such as Paddy Power Betfair and fellow U.K.-based company William Hill, which is Nevada's sports-betting market leader, in pole position to seize the lion's share of the business.

Meanwhile, the American Gaming Association has outlined what it sees as the key areas going forward in a letter to federal lawmakers.

It said it will pursue the empowerment of state regulation, work to ensure consumers are put first, and fight to strengthen game integrity through measures such as the tracing of legal wagering

It also wants to promote responsible gaming and advertising and to encourage contractually agreed measures between sporting bodies and gaming companies rather than legislative regulation.

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Looking good for Paddy and we should benefit accordingly if PP goes on and dominates online sports-betting in the US..

[gersemi] 24/5/2018 18:45

'Paddy Power Betfair led the FTSE 100 gainers in response to its deal to buy FanDuel, the second-largest US daily fantasy sports operator. The bookmaker announced overnight that it would merge its existing US operations with FanDuel and inject $158m cash into the new venture, with options in place to raise a 61 per cent stake to full ownership after five years.

Barclays said the deal would be “mildly dilutive” to earnings in year one, as FanDuel was currently lossmaking because of investment and marketing costs. More important was that, as US states relax betting laws, Paddy Power would be in a strong position to cross sell to FanDuel’s 7m “early adopter” customers and cut deals with casino operators, the broker said, adding: “We think this deal will be the tip of the iceberg and expect further M&A activity across the gambling sector as operators, casino companies, internet companies and media firms position themselves for the growth of the US sports betting market.”

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FT.com - Thursday - 24 May 2017

[someuwin] 24/5/2018 17:41

RNS Number : 2573P
GAN PLC
24 May 2018

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA OR JAPAN.


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

Repayment of Convertible Unsecured Loan Notes

London & Dublin the "Company"), an award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, has provided one month's notice that the Company has elected to repay and redeem in full the £2,001,483 9% Convertible Unsecured Loan Notes 2022 issued by GAN in April 2017. Such notice of repayment is subject to withdrawal by the Company should the Subscription as announced on May 21, 2018 not be approved by shareholders on June 7, 2018.

Following the full re-payment and redemption of the Convertible Unsecured Loan Notes the Company will be debt free effective from June 25, 2018.

[mylands] 24/5/2018 16:00

I agree with those who think a listing is not any time soon. Far sooner will be the RNSs about each state, with New Jersey and Pennsylvania the first two, passing the legislation to allow sports betting and that will get the share price moving nicely upwards towards my target of 100p before the end of 2018. A nice 50% rise from today!

[largeronald] 24/5/2018 15:59

Isn't the current market cap (including the new shares) around $75m?

[douglas fir] 24/5/2018 14:29

examples of companies on nasdaq (nanocap).....mkt cap...circa $50m

eg...Home > Company List > Companies By Industry > NASDAQ

Company List Home Name Region Industry

NASDAQ Companies
Exchange: NASDAQ
Market Cap: Nano-cap
Displaying 1-50 of 848 results Download this list
Name Symbol Market Cap Country IPO Year Subsector
O2Micro International Limited
OIIM
$54.07M Cayman Islands n/a Semiconductors
OIIM Stock Quote OIIM Ratings OIIM Stock Report
Hamilton Bancorp, Inc.
HBK
$49.67M United States 2012 Savings Institutions
HBK Stock Quote HBK Ratings HBK Stock Report
ClearOne, Inc.
CLRO
$49.39M United States n/a Telecommunications Equipment
CLRO Stock Quote CLRO Ratings CLRO Stock Report
Innovative Solutions and Support, Inc.
ISSC
$49.34M United States 2000 EDP Services
ISSC Stock Quote ISSC Ratings ISSC Stock Report
ICC Holdings, Inc.
ICCH
$49.25M United States 2017 Property-Casualty Insurers
ICCH Stock Quote ICCH Ratings ICCH Stock Report
Zosano Pharma Corporation
ZSAN
$48.85M United States 2015 Major Pharmaceuticals
ZSAN Stock Quote ZSAN Ratings ZSAN Stock Report
Village Bank and Trust Financial Corp.
VBFC
$48.76M United States n/a Major Banks
VBFC Stock Quote VBFC Ratings VBFC Stock Report
Akers Biosciences Inc
AKER
$48.63M United States 2014 Biotechnology: In Vitro & In Vivo Diagnostic Substances
AKER Stock Quote AKER Ratings AKER Stock Report
Otelco Inc.
OTEL
$48.63M United States n/a Telecommunications Equipment
OTEL Stock Quote OTEL Ratings OTEL Stock Report
Optibase Ltd.
OBAS
$48.59M Israel 1999 Real Estate
OBAS Stock Quote OBAS Ratings OBAS Stock Report
Bank Of Montreal
BMLP
$48.44M Canada n/a Commercial Banks
BMLP Stock Quote BMLP Ratings BMLP Stock Report
Deswell Industries, Inc.
DSWL
$48.15M Macau 1995 Plastic Products
DSWL Stock Quote DSWL Ratings DSWL Stock Report


...ref..mip55..or am I missing something here

[mip55] 24/5/2018 14:03

Don't get me wrong guys a listing would be great but we HAVE to meet the requirements. I just think my interpretation of 'Medium Term' is wildly at odds with some who think this is going to happen soon. Let's leave it there shall we and enjoy GAN on AIM for now?

[busterdog2] 24/5/2018 13:52

mip55 - I don't think I'll be doing the listing so there's not much point in reading that lot.

[mip55] 24/5/2018 13:51

No speculation ? Really ?? Don't make me laugh....GAN GOES NASDAQ !!!!(hopefully.....)A NAS listing would really fire the share price that is for sure.Any thoughts on a time scale when they talk about listing on the Nasdaq in the medium term? 4-6 months maybe?