Gan Share Discussion Threads

[noujay] 01/6/2018 11:45

Mylands, I'd like to get a better understanding of the retrospective patent licensing programme they are pursuing, what the scale of it is and the anticipated revenue range as a result of it. This is not factored in to any analysts forecasts and could well be material.If it doesn't get mentioned as part of the general pow wow and you have any inclination to pipe up, that would be interesting to get some commentary on.Either way look forward to any feedback you can offer later.

[mylands] 01/6/2018 10:41

It's only a short bus ride for me and using my Freedom Pass, costs me nothing courtesy of past London Mayor, Ken Livingstone.

[mip55] 01/6/2018 10:37

My pleasure, thanks for making the effort to attend, look forward to any feedback you can report.

[mylands] 01/6/2018 10:15

mip55

It certainly does! Thanks.

Mkt short of stock. Cannot buy anything greater than 1,500 shares, but can sell 50k at 61.4p.

[mip55] 01/6/2018 09:48

Mylands....from casino.orgThat legislation allows any of the dozen casinos in Pennsylvania to apply for a sports betting certificate. An operator would have to pay $10 million fee for that certificate, as well as a $250,000 renewal fee every 5 years.Sports betting would be taxed at 36 percent, with most of that money going into the state's general fund. The law allows for wagers to be taken at both physical locations and online.Under the temporary regulations that were approved, casinos now have the rules and guidelines necessary to apply and be approved for certificates. If an operator submits an application, PGCB has 120 days to do background checks and other reviews before deciding whether to grant a license.Hope that helps.

[mylands] 01/6/2018 09:42

mip55

What are the proposed tax rates and licence fees in Pennsylvania?

[mirabeau] 31/5/2018 22:24

Delaware Sports Betting Goes Live June 5; Will Be First To Launch Outside Of Nevada

Adam Candee, May 31, 2018 12:25 PDT@adamcandee

[mip55] 31/5/2018 20:06

Mylands... if youre going tomorrow and get the chance to buttonhole any of the board please, if you could, ask what theyve heard about :NJ regarding any compromises between the Assembly Bill ( brilliant) and the Senate Bill ( much less so because it will bar Betfair)Pennsylvania - any thoughts about the ridiculous taxation rate and any timescale they have for correcting this?Many thanks!

[mirabeau] 31/5/2018 18:48

This guy knows his onions on US sports-betting

[mirabeau] 31/5/2018 18:21

No problem - a newbie here

[gersemi] 31/5/2018 18:19

Thanks for that -

[mirabeau] 31/5/2018 18:18

Hotting up now. We shall see some decent price action in the next 12-18 months as the US sports-betting market starts to come alive

[mirabeau] 31/5/2018 18:16

Pennsylvania is the second largest casino market in the United States and becomes the fourth State where Americans will be permitted to undertake Internet gaming. The Pennsylvanian regulated Internet gaming market is now expected to commence in H1 2018 and GAN is positioned for strong revenue growth from that market commencing in 2018.

Management Commentary

Dermot Smurfit, CEO of GAN commented:

“The signing into law yesterday of House Bill 271 provides full certainty that real money Internet gaming is coming to Pennsylvania in 2018. Governor Tom Wolf elected to sign this major gaming expansion bill in order to start the clock ticking as soon as possible. GAN is positioned for strong revenue growth in 2018 both prior to and following the commencement of the new Pennsylvanian Internet gaming market in H1 2018 as the first land-based casino operators ‘ready to go’ are likely permitted to move online first. GAN is very well prepared for Pennsylvania to regulate. We have a full Internet gaming system already deployed inside a leading Pennsylvania casino, hold a full gaming license in New Jersey as well as being a registered authorized gaming services provider in Pennsylvania since 2014.”

[mirabeau] 31/5/2018 18:11

PA Casinos Can Start Applying For Sports Betting Licenses Today
Dustin Gouker, May 31, 2018 09:15 PDT@dustingouker
PA sports betting starts

Pennsylvania casinos can now officially start petitioning the state to offer sports betting, according to state regulators.

cont...

[ltinvestor] 31/5/2018 15:24

Mylands When I tried to buy on the US news my brokers said the mm’s were desperately short of stock.It took a couple of days to fill my order.I must admit that it looks likethe share price is being held back today for whatever reason.They are also aware of the AGM date and maybe hoping to entice a few sellers..

[mylands] 31/5/2018 14:58

Itinvestor

That's what I'm banking on. This track back I see as a good buying opportunity, which I have been taking advantage of over the past couple of days. With predominantly buying today and the share price easing, it looks like the MMs have a line of stock to move

[ltinvestor] 31/5/2018 14:05

Agreed Mylands but huge opportunity ahead...

[mylands] 31/5/2018 13:57

Itinvestor

Shame we didn't get a slice of the action at 50p!

[ltinvestor] 31/5/2018 13:24

The US institutions obviously liked what they were told....

[mylands] 31/5/2018 11:25

We hope so!

[noujay] 31/5/2018 11:20

Thanks Mylands. I can only imagine they will be very bullish and presumably there will be a statement tomorrow morning of that tone

[mylands] 31/5/2018 10:25

Noujay

Yes I'm going with my Letter of Representation from my broker. I will report back.

[cumnor] 31/5/2018 10:20

Will be quiet till news of contracts, deals (and they will come over next few months) will catapult the share price imo to well over a £1. In the meantime anyone needing to sell can expect several pence of what they expect as mms gather shares for their next run up. GAN now in totally different position to where it was a month ago, incl cash and no debt.

[noujay] 31/5/2018 09:49

Bit quiet last couple of days (taking aside the £150k trade yesterday which was above the average nibble). I would hope the company issue a statement first thing re the AGM.I was intending to go and now cannot which is frustrating as it is local to me. Mylands are you still heading over? If so and you have any feedback you are able to share it would be very greatly appreciated.

[mip55] 30/5/2018 15:41

Sorry corrected version !On a quick read of that article Mirabeau the Senate Bill seems to be attempting to exclude the Golden Nugget and therefore Betfair?