Gan Share Discussion Threads

[mets333] 16/10/2021 04:32

Red rocks resorts, famous Las Vegas resort, is GANSPORTS (aka Coolbet b2b side) GANSPORTS first client. Very exciting in my opinion.

[mip55] 15/10/2021 17:54

Very much focussed on how good and how scarce our technology product is. Sounds almost like an invitation to buy us.

[pob69] 15/10/2021 17:51

This should help.

[mylands] 15/10/2021 17:44

What the SP's reaction to today's news from the company illustrates, is that there is no substitue for actual positive results.

Forecasts are all very well but after several trading updates that have at best been underwhelming, it's the bottom line that counts. Until GAN shows that it can actually make good money, these forecasts will be treated with caution and the rise in the share price viewed as an opportunity to move on by many disillusioned investors.

Didn't think I would be saying this, but it's a bid we need.

[heliweli] 15/10/2021 17:13

Lacklustre springs to mind.

[john09] 15/10/2021 15:51

Just read a headline that GAN had soared

?

Loool

[rivaldo] 15/10/2021 14:43

Cheers mip55. Nicely ambitious targets! If they get there from the $35m revenues in 2020 then the current share price will be left in the dust:

Financial Targets

2023 Revenue $225-250 million
2026 Revenue $500-600 million
Long-Term Adj. EBITDA Margin 30-35%

"The highlights of the presentation include:

North American B2B demand is strong. The Company is investing in talent and technology in preparation for a multi-year period of new launches and demand, including GAN’s recent opening of a new office in Miami, Florida.
New B2B product offerings such as GAN Sports and Super RGS will enable GAN to capture more of the value chain, increase take rate and present the opportunity to service the entire spectrum of operator customers.
The Company’s B2C growth has exceeded internal expectations and remains strong. The business is very well positioned for early stages of secular growth in exciting new markets within Latin America.
GAN's B2B technology is increasingly scarce, proven, costly to replicate, and extremely complex. The solutions have been optimized through iterative launches and improvements over the past several years which offers a unique advantage over operators considering bringing the technology in-house.
The Company is targeting 2023 projected revenue of $225-$250 million and confirmed its long-term target to exceed $500 million, which it believes can be achieved by 2026 (compared to $35 million in 2020). GAN also is targeting a long-term annualized adjusted EBITDA margin to range between 30-35% as the business achieves scale."

[mip55] 15/10/2021 14:06

For one the pre market rise might just survive and translate into a real increase.GAN Hosts Virtual Investor Event TodayLeadership team will outline plan to reach $500+ million of revenue by 2026 and set a long-term Adjusted EBITDA margin target of 30-35% at scalehttps://www.businesswire.com/news/home/20211015005139/en/GAN-Hosts-Virtual-Investor-Event-Today

[mip55] 14/10/2021 16:06

4pm our time tomorrow then

[busterdog2] 12/10/2021 21:37

And this should be interesting on Friday.
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 will host a virtual Investor Event on Friday, October 15, 2021.

The presentation will begin at 11:00 AM EDT and will be webcasted within the Investor Relations section of the Company’s website. The recording of the presentation will be accessible for approximately 90 days on the Company's website. The presentation is open to all interested parties.

GAN’s executive management team will also hold a Question & Answer session. If you have any questions for the management team, please submit them to [e-mail] or [e-mail] before or during the event.

Live Webcast Stream Details

Date/Time: Friday, October 15, 2021, at 11:00 AM EDT
Webcast:

[molatovkid] 12/10/2021 21:25

News!!

GAN and Fanduel look like they are developing a very nice relationship.....

hxxps://investors.gan.com/websites/gan/English/2110/news-detail.html?airportNewsID=ee9e476f-2dfd-401a-a77e-241303e7fb18

[busterdog2] 12/10/2021 21:24

GAN’s Technology Platform Now Helping to Deliver FanDuel iGaming in Connecticut
October 12, 2021
FanDuel-branded Internet casino launched on ‘Day One’ of Connecticut online market commencement

Irvine, California | October 12, 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 it is partnering to operate FanDuel’s online casinos in Connecticut. FanDuel is one of just three approved operators of online casino in Connecticut serving a population of 3.6 million residents.

The partnership builds upon GAN’s longstanding relationship with FanDuel, now leveraging GAN’s iGaming platform technology across five U.S. States including New Jersey, Pennsylvania, Michigan, West Virginia and now Connecticut. The Company is pleased to support FanDuel and have them operational on Day One of the Connecticut iGaming market

[napoleon 14th] 09/10/2021 18:27

I have some ENT and hope they stay as they are. I'm not convinced about Daftkings.
GAN could provide a useful alternative for DK, & good for us as long as we're
aware of DK's finances.

[mylands] 08/10/2021 19:38

mip55

Not sure I take much notice anymore of these analysts' ratings, with the share price continuing its slide south.

Since the beginning of September we have fallen about $4, a fall of over 20%. Starting to look like Dermot's recent purchase of shares at $13.85, wasn't such a great buy!

Bad end to the week. The lack of positive news is not doing us any good at all.

[mip55] 07/10/2021 21:22

More Mergers and Acquisitions Coming to iGaming, Says Analyst.....The analyst has "buy" ratings on Bally's (NYSE:BALY) and business-to-business tech provider GAN Ltd. (NASDAQ:GAN).From this perspective, we believe valuations are secondary to validated capabilities, as the Street's focus shifts to technology and content from access to markets and customers," adds Katz. "We therefore believe it is appropriate to continue more positively skewed ratings on both casino operators and equipment and technology providers.https://www.casino.org/news/consolidation-in-igaming-social-casinos-will-continue-says-analyst/

[mip55] 07/10/2021 07:57

Bill Hornbuckle MGMRI CEO speaking about the ENT / DKNG approach......He added that just licensing the technology, which includes sports-betting odds and player account-management systems, isn't a long-term solution, and ultimately BetMGM would need to develop or acquire those skills itself.https://www.bloomberg.com/news/articles/2021-10-06/mgm-seeks-control-of-betmgm-after-draftkings-bids-for-partner

[mip55] 06/10/2021 08:39

Could get interesting here in a few weeks time..... DraftKings have until 19 October to decide whether they bid for ENTAIN. Just speculating about that outcome - if they either decide not to bid or fail in their approach to get their hands on the proven ENT tech stack powering the BetMGM joint venture then they could well be looking for a replacement for their inferior SBTech offering.....GAN?If the bid is successful then some arrangement is going to have to be found regarding the ENT software - I wonder how MGMRI would feel about a direct competitor using the same tech stack as itself ? It might well be the case that they will look at snapping up a replacement ....GAN?With three companies involved and a messy joint venture complicating the issue there will no doubt be a myriad of possible outcomes but a company who has a proven and robust alternative to offer is, I think, in a good place. We shall see

[mr doughnut1] 02/10/2021 17:38

Courtesy of Blaz3Trading over on Stocktwits
This promo video shows the GAN kiosk.
hxxps://youtu.be/kTeLyUJVZOg

[napoleon 14th] 02/10/2021 11:30

Re Monday's event : Covid quarantine means GAN has postponed its investor event previously scheduled for Monday, October 4, 2021 in Las Vegas, Nevada after two members of the executive management team have been required to quarantine in accordance with Center for Disease Control and Prevention (“CDC”) guidelines.

hxxps://investors.gan.com/websites/gan/English/2110/news-detail.html?airportNewsID=b7e3acc1-2f6a-4b04-8939-9a810ba6421a

If there's anything notable to say, IMO GAN will find a way to announce anyway.
They will still be at the Vegas event.

[festario] 02/10/2021 11:19

Can't believe I made the same mistake twice!

[busterdog2] 02/10/2021 08:18

Two f's in off Fest ffs

[festario] 01/10/2021 23:46

Errm, did I miss something? It did bounce of 15 dollars today.

[heliweli] 01/10/2021 19:00

Bounce of 15 bucks, if only.