Gan Share Discussion Threads

[trentendboy] 16/7/2018 09:09

Low 50s seemed such a bargain - gutted to miss it and was close to the trigger

[mylands] 16/7/2018 09:00

Auction over 67p/70p, with the two big boys, PEEL and WINS, on the bid.

[bookbroker] 16/7/2018 08:58

Higher offers being dealt!

[mylands] 16/7/2018 08:58

BB

Only because we are in an auction perod. Actual trading price 67p/70p

[noujay] 16/7/2018 08:56

I know, keep up Advfn! The actual spread is 67-68

[bookbroker] 16/7/2018 08:56

MMs really strapped for stock it would appear!

[bookbroker] 16/7/2018 08:55

Seems it is in backwardisation, the offer is lower than the bid!!!

[noujay] 16/7/2018 08:54

Flying start today..progress and potential sinking in again it seems

[mylands] 16/7/2018 08:37

MM's running scared with a 5p spread by all bar one with a 14p spread!

[busterdog2] 15/7/2018 17:30

Yep, just gets better doesn’t it. Should be plenty of good news to come.

[noujay] 15/7/2018 16:37

Nice find thanks for posting.

[rimau1] 15/7/2018 15:16

Exactly Igoe, the size of the prize is huge and we have first mover advantage. I can’t think of a single bear point, all i struggle with is that we are pretty hard to value right now. I think the only broker forecast is Liberum pre sports deregulation at 79p. So the floor should be the equity raise price of 50p, reckon we should be topping up on Monday!

[igoe104] 15/7/2018 14:53

Good spot rimau1, it just makes you wonder how big GAN share price will be if more than 10 states open up over the next few years. I wouldn't surprised if GAN software isn't involved in every state that comes live. $$$$$$$$$$$$$$$$

[rimau1] 15/7/2018 14:48

Looks like we have another bricks and mortar casino partner lined up, this time in Pennsylvania, might also explain the Friday rise, if not we will bounce Monday, exciting times, potential here is huge over the next 5 years if we don’t get bought out, each new casino that we add has little variable cost so it all flows down to the bottom line.... hxxp://www.playpennsylvania.com/parx-online-casino-application/

[noujay] 14/7/2018 18:53

OceanOnlineCasino.comIn case anybody wants to fish about and see exactly what GAN are providing them.

[noujay] 14/7/2018 14:02

Think it's pretty clear that the potential revenue here is very significant. Just a question of how quickly they can plug it all in, something they've already started.Next update, if good, should see this achieve at least the brokers estimate, and even that was not factoring Paspa repeal so around £1 doesn't seem crazy.

[ny boy] 13/7/2018 16:24

Lol, let’s hope so, looking perky again, busy buying more PHTM on the dips today.

[rimau1] 13/7/2018 12:00

Good write up in igamingbusiness.com, mostly replicated the rns but Smurfit added “We have clients who will choose their own sports solution and, if we agree, then we'll integrate it into our platform. We've already integrated a sports system into our platform and will integrate others before year's end.” Maybe today is a reaction in part to messaging around more tie-ups with bricks and mortar casinos to come before year-end. Huge potential here.

[noujay] 13/7/2018 11:54

From johnwallst - of interest re sportsbooks. Gives more sense of the scale of gaming opp in US over next few years.NJ Sportsbooks Post $1.2 Million in June Profits, Meadowlands Sportsbook Opens TomorrowThe Division of Gaming Enforcement reported that New Jersey sportsbooks took in more than $16.4 million in bets between June 14th-30th, realizing +/- $1.2 million in "clean revenue" (+/-$3.5 million total) over the 17-day span; an impressive figure considering the limited rollout (see Howie below), no mobile/online wagering (due to start July 11th) and just over 2 weeks of operations. The remainder of the +/-$3.5 million revenue total ($2.25 million) accounts for futures bets that have yet to be paid out and winning tickets unclaimed as of June 30th. For comparison purposes, NJ took in over 2x as much money in bets as Delaware ($7 million) did in June - in 3 fewer days.Howie Long-Short: +/-$1.2 million in "clean revenue" equates to a 7.8% hold, higher than the 5.5% Nevada has averaged dating back to '92, but significantly below the 14% Delaware reported in June. As Dustin Gouker, Managing Editor of Legal Sports Report, told us earlier in the week, "it's too early to read too much into the hold. It's a small sample size and it may simply be lots of bettors that are not terribly savvy, trying to figure out wagering."Monmouth Park, operated by William Hill (WIMHY), was responsible for 65% ($2.279 million) of the revenue generated at N.J. sports books in June. The Borgata in Atlantic City brought in just shy of $1 million in profits (28.5%), while Ocean City Resort ($192,000) earned the balance in just 3 days. The State of New Jersey took in less than $300,000 in taxes, with a land-based casino tax rate of 8.5%; prorated that's $7.2 million/year. While that figure sounds low (some lawmakers have estimated the state would generate $100 million/annually), consider that just 3 of the state's 12 potential licensees (9 casinos, 3 horse tracks) are currently operating. Furthermore, licensed operators will soon be able to offer mobile/online betting. It's expected that "as the market matures", most of the revenue will come those channels; the state is entitled to a 14.25% tax on those profits.

[noujay] 13/7/2018 11:34

58.80's are sells - at least that's what I can sell at. Advfn is a poor guide in that sense.Either way it's moving well today

[igoe104] 13/7/2018 11:31

all buys this morning, don't think it will be long before these get re-rated.