Gan Share Discussion Threads

[heliweli] 05/8/2021 14:15

SCR up 76%.

[molatovkid] 03/8/2021 06:13

Great article libertine

[libertine] 02/8/2021 12:51

3 Small-Cap Stocks Set to Sizzle While Robinhood Fizzles
Thomas Yeung
Fri, July 30, 2021, 7:59 PM

3 Attention Economy Stocks to Buy for Revenge on Robinhood: GAN Limited (GAN)
DraftKings and FanDuel certainly pleased investors with their Q1 numbers. But what about investors looking for 20x gains? You would need to look at far smaller companies to realize such big profits.

Enter GAN Limited (NASDAQ:GAN), a $680 million market cap B2B business that runs the technology behind online sports. It’s a company to watch for two key reasons.

First, this company has quietly become one of the largest online gaming platforms in America. Gross operator revenue jumped 73% to $545 million in 2020.

Second, GAN operates a revenue-share business. So when its customers make more money off sports betting, so does GAN.

There are some risks. 42% of GAN’s revenues currently come from FanDuel, a reflection of industry concentration. And challenges in execution remain — the company remains an unprofitable startup in a rapidly-growing industry.

But analysts agree: online betting is fast approaching a tipping point. They expect GAN’s revenues to rise by nearly 20% and its EBITDA (earnings before interest, taxes, depreciation and amortization) profits to quadruple to almost $40 million by 2023. With more legalized sports betting on the way, it’s hard to ignore this regulatory play.

[trentendboy] 30/7/2021 10:21

Yes, whole sector struggling. Penn and Draftkings also way off highs so GAN no differentHard to see a major catalyst coming though even though they are making great progress across all verticals and cool bet a really good buy giving the turnkey solutions in all gaming Tempting to go long at this price and certainly if we get hack to 14.5

[mylands] 30/7/2021 08:59

TEB

Simply out of favour, no support at all, just a drip, drip, drip of selling. Needs a serious buyer(s) to change the sentiment.

Maybe the time has come for the Smurfits to show their faith in the company and dip their hands into their substantial wallets, after all it wasn't that long ago that our CEO was talking about a $1 billion company. Now its worth $651 million, so it must be cheap in his eyes!

[trentendboy] 29/7/2021 20:14

Poor finish - what news landed? 1 step forward, one back

[napoleon 14th] 28/7/2021 17:24

What will it take to get back to $30?
A different market, IMO, as others such as DKNG been smashed as well.

Maybe Apple or Microsoft will bag it on the cheap.

[mylands] 28/7/2021 14:43

Another typical rise on the news followed by the drop back down.

No firm support for this stock at the moment.

[epicsurf] 28/7/2021 12:03

Good spot mylands
Addition of Treasure Island marks GAN’s first partner located on the iconic Las Vegas Strip

Irvine, California | July 28, 2021: GAN Limited (the “Company”; or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming, online sports betting, and simulated gaming industries, today announced that it has entered into a binding term sheet with Treasure Island Hotel & Casino (“Treasure Island”) to develop a customized simulated gaming solution designed for Treasure Island’s patrons and available across desktop and mobile applications, integrated with Treasure Island’s retail casino rewards program. The customized simulated gaming solution will be powered by GAN’s core GameSTACK™ enterprise software system that today offers more than five hundred high-quality online simulated games, many of them recognizable by patrons from retail gaming floors. Treasure Island represents GAN’s eighteenth B2B client of simulated gaming, and fifth new B2B client win year-to-date. First launched online in 2014, GAN’s simulated gaming solution now serves patrons of 101 retail casino properties coast-to-coast in the U.S.

For B2B retail casino operator clients, simulated gaming generates additional high-margin revenue from retail casino clients’ existing patron databases, enables the retail casino property to engage with their retail patrons, through an authentic internet and mobile social gaming experience, even in states where legislation allowing licensed real money iGaming is yet to arrive. The unique software provides meaningful marketing, brand building, and revenue opportunities for both operators and GAN, and has proved to increase visitation to the retail casino clients’ property. Strategically, simulated gaming also offers U.S. retail casino operators the ability to build an online database before the commencement of intra-state regulated real money Internet gaming.

Treasure Island features over 2,800 newly renovated hotel rooms and over 85,000 square feet of live casino gaming conveniently located on the iconic Las Vegas Strip. GAN was selected to develop a custom solution to bring a more robust experience to Treasure Island’s players.  GAN will be launching a state-of-the-art, integrated simulated gaming platform on behalf of Treasure Island across both desktop and mobile applications, and supplying both marketing and front-line customer service for users. As part of the arrangement, GAN will also be launching the Company’s latest technology, which offers a new application framework and desktop template including loyalty linking the property’s robust retail player database. The mobile application will be compatible with both Apple and Android devices.

Marcus Yoder, Senior Vice President of Sales of GAN, commented:

“Our Simulated Gaming technology and software continues to demonstrate its industry-leading position, and our premier list of partners is growing as a result. We are very excited to partner with Treasure Island – a premier asset located on the Las Vegas Strip. Players and guests have been patronizing the iconic property for nearly 30 years, and we are thrilled to offer those players and guests new ways to engage and play with Treasure Island. We are proud to be selected as their trusted partner to improve their player experience. We look forward to developing a customized solution for Treasure Island and the continued growth of our Simulated Gaming offering.”

Pascal Tang, Director of Slot Marketing of Treasure Island Hotel & Casino, commented:

“With the world of gaming always evolving, players around the globe are constantly searching for new and exciting ways to stay engaged with their favorite games, brands, and casinos. With that in mind, it was clear to us that the digital space will become more and more important in the future. Therefore, we are excited to partner with GAN, a proven B2B operator with a customizable and tailored technology solution, in order to continue to drive player loyalty, brand awareness, and new revenue opportunities.”; 

[mylands] 28/7/2021 11:14

Good announcement about new customer on the Las Vegas strip, Treasure Island casino.

[molatovkid] 27/7/2021 07:56

Check out SBI RNS today.

[molatovkid] 25/7/2021 11:57

Recruiting in Miami, FL if you have the skills.

[libertine] 23/7/2021 13:39

Why I Bought This High-Growth Stock This Week. Travis Hoium, The Motley Fool

[rainbow unicorn] 22/7/2021 20:02

Massove gain today absolutely jacked BAAAAAAAAAANNG

[trentendboy] 22/7/2021 16:52

A lot of gaming companies like Penn off 50 percent. Need an overall sector move to get us back over 20Days of 30 seem long gone even through GAN have arguably made all the right moves

[napoleon 14th] 22/7/2021 14:02

07/07/2021: Dermot Smurfit, CEO of GAN, commented:

“Momentum has carried through the second quarter and driven continued sequential top-line growth for the business. The B2B business is performing in-line with our expectations and continuing to win new clients here in the U.S. while the B2C business is capitalizing on the Latin American market opportunity, equipped with a highly social sports offering delivering viral customer acquisition. Looking back, we identified and acquired a business at the outset of this year that is now performing significantly ahead of plan. We are very pleased with where we stand halfway through the year on both our segments and look forward to providing more detail next month.”

So more news next month.
It's time they released a 6 month financial statement. With that hike in turnover
(from US$100M originally expected) there should be an interesting cashflow statement
& figures on debt as well as ebitda & eps.
Should these improve in line with T/O, the shares should get a significant boost.

[mylands] 22/7/2021 09:10

Back over $16, for how long? Or, are we going to see a continuation of the rises of the last few days?

[libertine] 20/7/2021 11:37

AGM today 6.00 pm (UK)

[mylands] 19/7/2021 17:05

Sterling heading south, the one bright spot for me at the present time amidst this market shakeout.

[mylands] 14/7/2021 13:39

It's 'beware of catching a falling knife' time.

Back below where we were before the trading update spiked us up to $18. Definitely not for the feint-hearted.

Just seen how far we have fallen- ouch!

[john09] 13/7/2021 10:53

Tremor flying but not done. Almost identical series of events seen so far to when GAN listed in US

stifel note just out

Off topic sorry

[mylands] 12/7/2021 22:09

Grant Thornton appointed, with immediate effect, as the company's independent auditor.

[mylands] 12/7/2021 18:20

daveme.

Who?

These 'plunges' in the share price are becoming increasingly disconcerting. Take a look at today's graph, not pretty at all.

[daveme] 12/7/2021 17:47

Las Vegas Sands looking to invest in Business to Business opportunities in the internet gaming space. Now if only I could think of a suitable company ...