Gan Share Discussion Threads

[texas pete1] 01/4/2021 20:42

All very exciting in here today. Festario how do you manage to attract these people. They gravitate to you for some reason.

[arab3] 01/4/2021 19:30

not surprised russ is swearing , you would too if you had lost much as him on VRS !!

[mylands] 01/4/2021 19:13

Oh dear, back to using the filter again. I thought we might have got rid of posters who can't post without being foul-mouthed.

Will we end the day in positive territory, after a pretty dire couple of weeks, that's what I want to see!

[rivaldo] 01/4/2021 15:57

Festario, this is a good day - don't ruin it by starting this stuff as you've just done please. Russ42 can post his strategy as above if he wishes as long as he's polite, even if you (or I) don't like the one-liners.

[russ42] 01/4/2021 15:37

that will do me for the day easy money

[russ42] 01/4/2021 15:35

Nah wait a wee bit longer then il sell

[russ42] 01/4/2021 15:30

Nah no yet still hovering over the sell button

[russ42] 01/4/2021 15:27

Think il sell now as i think its on its way back down

[festario] 01/4/2021 14:58

So, just under 18 was the bottom... onwards and upwards

[molatovkid] 31/3/2021 22:12

From the GAN annual report....

Our Growth Strategy

* Key elements of our growth strategy include:

Supporting our existing customers as they continue to scale up their respective iGaming and online sportsbook operations. Gross Operator Revenue generated on our technology platform in 2020 increased by 73% to $545.2 million in 2020, up from $315.8 million in 2019. As our customers? online businesses continue to grow, we intend to deploy the necessary internal resources to support their evolving requirements. We will, for instance, continue to invest in the GameSTACK platform?s functionality by expanding our gaming content library and third-party integrations, and will move expeditiously to obtain regulatory approvals to operate in new states our existing customers do not yet operate in. Furthermore, we will continue to engage our SIM installed base in pursuit of opportunities to upgrade these customers to RMiG customers as the regulatory environment develops.

* Securing new casino operator customers in existing and new regulated markets.

We continuously engage with casino operators in states that have yet to adopt regulated forms of RMiG and sports betting. We intend to engage these new customers with our SIM offering, creating a path to RMiG deployments over time. In states with regulated online gambling markets, we are investing in sales and marketing initiatives to aggressively pursue new deployment opportunities, including the Super RGS content offering. This offering creates a technical and commercial vehicle for us to deliver our proprietary casino content across the entirety of the relevant U.S. intrastate markets, and not just to the websites and mobile applications of GameSTACK clients. When successfully commercialized, we believe that Super RGS will develop additional Gross Operator Revenue, as well as generate high margin content licensing revenues.

*Expanding our gaming content development capabilities.

In addition to distributing online facsimiles of third-party physical machine-based slots and table games via GameSTACK, we publish proprietary casino games that we display in both our SIM and RMiG online environments. We will invest in our gaming development capabilities in order to expand our library of high-quality, in-house content, which we will strategically serve within GameSTACK to optimize our margin profile.

* Growing our international business.

In addition to our focus on the U.S. market through B2B opportunities, we intend to expand in regulated markets primarily in Europe, Latin America and Australia through both B2B and B2C opportunities. The acquisition of Coolbet in January 2021, which has been operating a B2C model at scale in Northern Europe and Latin America, provides us with a fast-growing international strategy, incremental to our existing international market activity. We currently provide our GameSTACK platform and services in relation to RMiG in Italy, which comprised 15% of total revenues for the year ended December 31, 2020. During the year ended December 31, 2020 our RMiG business in Italy grew revenues 13% when compared to 2019. We expect our Italian business to continue to grow as we onboard additional operators and expand through our revenue share agreements with our existing operators. We also deliver SIM to an operator in Australia as a precursor to potential legalization of Australian RMiG. Additionally, we are exploring selected Latin American regulated markets for potential expansion. With the addition of Coolbet?s Nordic and Latin American B2C activities, we expect to continue to grow our international business.

* Executing a selective merger & acquisition and commercial licensing strategy.

We intend to pursue a prudent inorganic growth strategy aimed at strengthening and expanding our competitive position in the markets where we compete. The Coolbet acquisition should substantially complete our U.S. B2B offering. However, we will continue to pursue opportunities to acquire selective elements of the iGaming ecosystem as well as a myriad of content assets to bolster our product offerings, both through commercial licensing as well as acquisition.

* Integration with Coolbet.

We expect that the combination with Coolbet will drive significant value for our customers and our shareholders. We believe that the integration of our GameSTACK and Coolbet platforms will be done efficiently, and that the combination will result in one of the most comprehensive, best-in-class product offerings in the iGaming space.

We anticipate being able to offer U.S. customers a fully integrated iGaming and sports betting offering in the second half of 2021 without material integration costs in excess of current resources. The combination would also result in a diversification of revenue streams, customer bases and markets for the combined company. For the year ended December 31, 2020, we generated 83% of its revenues from its B2B business in the United States, with additional revenues coming primarily from Italy, the United Kingdom and Australia. During the same period, Coolbet?s revenues were generated primarily in Northern Europe (Estonia, Finland, Iceland, Norway and Sweden), Latin America (Chile and Peru) and Canada. We intend to continue to operate in the United States solely as a B2B provider to casino and other operators.

The addition of a proprietary sports betting engine would give us the ability to offer a ?one-stop? solution to our U.S. retail casino operators, while at the same time preserving the flexibility to incorporate third-party solutions when specified.

[texas pete1] 31/3/2021 21:27

More tutes bought, guess we expected that to continue.

[texas pete1] 31/3/2021 19:11

As long as it's wasn't a bull trap that I was worried about yesterday I will be happy.

[mylands] 31/3/2021 19:04

What is it with this company? Well out of favour at the moment. Any move up, however brief is hit with a markdown.

Didn't last long above $18 and now looking very possible that it will finish down on the day. All in all, very disappointing.

[texas pete1] 31/3/2021 16:45

First time I have ever really committed to it, years ago when o was very green I screwed it up badly so stood firm on long term holds. But learnt a lot since those days. Hopefully anyway.

[molatovkid] 31/3/2021 16:20

I'm not saying it wasn't an excellent trade for you, it's worked out great.

I've just topped up with another 1450 so hoping for a good rise now.

[texas pete1] 31/3/2021 16:16

Is a bit granted. But I was open about it a while back and only did it really because of these vicious swings gan has. Im not an in and out penny flipper. Sold half 29 ish and only now started really buying back. I feel not as bad as the day traders looking for 3% here and there. But it's fair criticism. It's sort of a prisoners dilemma with gan and I feel forced to follow dominant strategy even though I don't want to really,

[molatovkid] 31/3/2021 16:08

Texas, all credit to you for honesty but coming on here and complaining about price volatility when you are trading it and contributing to it is a bit much.

[texas pete1] 31/3/2021 15:31

I'm coming around to that view, markets too volatile now, especially that everyone and anyone can start trading with a day or so. Maybe the Jim slater mentality is a bit outdated now, a personal hero of mine is Jim.

[heliweli] 31/3/2021 15:26

Some on here would say hold at all cost but I have done better with my trading pot than my core holding. Horses for courses. Core holding was on AIM £1.79. Yeah.

[mylands] 31/3/2021 15:10

What colour is that I see, I don't recognise it!