Gan Share Discussion Threads

[noujay] 10/11/2020 17:14

They are also likely to have igaming regulated by March so Fanduel can just tack an online casino on..alongside BetAmerica.Seems that the diversity of clients will be exponentially useful to GAN going forward as they begin to launch with multi operators each time per Michigan.

[mip55] 10/11/2020 17:03

The Indiana Gaming Commission has revealed that the state set new records in sports betting revenue and handle for the second consecutive month in October.Revenue for the month amounted to $21.1m (£16.0m/€17.9m), up 83.5% from $11.5m in October 2019 and 47.6% higher than the previous monthly record of $14.3m, which was set in September of this year.https://igamingbusiness.com/indiana-sports-betting-records-tumble-in-october/

[john09] 10/11/2020 15:36

Another rally missed i see loooool

[trentendboy] 10/11/2020 13:03

Casinos up massively - punters returns to Wynn and more online signupsThings are beginning to look very roseyJigsaw nearly completeInstitutional buying still smells like stakebuilding ahead of a bid30 here we come

[noujay] 10/11/2020 09:40

Probably today's main point of interest from a gaming perspective is the Michigan Gaming Control Board meeting. Anything regarding launch this year will be well received

[mip55] 10/11/2020 09:35

Indiana monthly report out later today, NJ on Friday

[john09] 09/11/2020 22:40

Lol. What a poor day. You should have sold at $26 and ploughed into some proper stocks that are flying

[remarkomsoc] 09/11/2020 19:55

I took a look at the GAN chart, then did a sick into my face nappy

[molatovkid] 09/11/2020 18:09

Very reassuring to see the amount of institutional investors in GAN.

[texas pete1] 09/11/2020 17:49

Still needs more exposure and followers I am hassen to add. But perhaps that's the reason for the news vaccume. To allow ii in rather than the endless stream of traders.

[texas pete1] 09/11/2020 17:45

Blackrock now. 7.9M USD. I don't want to tempt fate but the Writing seems to be on the wall for all to see now.

[john09] 09/11/2020 16:06

Oh dear. No rally over here lol

[mylands] 09/11/2020 13:49

Mets333

Good points.

[mets333] 09/11/2020 13:25

FanDuel and Draftkings obviously can rely online only. But Wynn Churchill Cordish many Atlantic city casinos, many indian resorts, won't be able to stay open for another couple years in this market. Vaccine needed or they'd need stimulus to bail them out 3 times a year.

[mets333] 09/11/2020 13:23

Yes gan can tank for sure, but remember GAN's business model does need brick and mortar casinos to do well in order for them to stay open. These casinos like playlive and these indian resorts can't rely online alone. They need foot traffic. And if GAN's clients can't stay open, they would have no business. Two sides to every coin indeed.

[mylands] 09/11/2020 13:02

Pre-market looks good, but we know how misleading that can be!

Just noticed ZOOM is down 13%, I suppose due to the possibility that the end is in sight of lockdowns and therefore the end for the need of video conferencing. There's always two side to a coin.

[molatovkid] 09/11/2020 12:37

Pfizer announce 90% effective vaccine....possibility of life returning to normal.

Means full on return of sports betting and people re-engaging with gambling. Fantastique !

[molatovkid] 09/11/2020 10:26

Clearly there is money to be made in gaming content. More than happy to see GAN make some acquisitions in this area.

[trentendboy] 09/11/2020 07:48

GAN will report strong results Following the SwedesShould push on depending on overall US market conditions

[mip55] 09/11/2020 07:39

Snippet from Kambi latest quarters resultsFigures released Friday by the Stockholm-listed Kambi show the company generated revenue of €28.1m in the three months ending September 30, up 22% from the same period last year. Operating profit nearly doubled to €6.5m as margins gained 8.4 points to 23.3% and after-tax profits shot up 122% to €5.1m.

[trentendboy] 08/11/2020 10:25

Just looked at my Satnav.Next stop SMASHTOWN

[napoleon 14th] 07/11/2020 23:44

Noujay - spot on.
& a $30 share price by end 2021 as well!

[remarkomsoc] 07/11/2020 12:16

this is heading to SMASHTOWN

[noujay] 07/11/2020 11:39

Each client has a team allocated to it and that grows with every new state it enters as each has different requirements, then preparing for example BetAmerica for CO, TN, MI, NJ, PA, IN along with Penn National scaling simulated across the whole of the US, with the anticipated addition of new clients along with more engineers required to oversee the physical infrastructure required to deliver at national scale then it's easy to see why they are increasing headcount. Plenty of cash resource available for it and I'd think we can expect a significantly higher than 20% increase in revenues next year to offset the c. 20% higher staff costs.

[texas pete1] 07/11/2020 11:25

I rasie my eye brows a bit at that though. In the last ER admin costs accounted for 60%.why so Labour intensive and costly to provide a virtual software service?