Gan Share Discussion Threads

[whilstev] 28/4/2022 15:16

Very opportunistic.

[festario] 26/4/2022 19:49

I'd go as far as to say that the whole stock market, or large sections of it, are simply bleeding out.

[john09] 22/4/2022 13:49

You deserve everything you get for your nonsense here

[mylands] 22/4/2022 13:45

Sterling is now below $1.29/£ for the first time since Nov 2020.

It's a very small crumb of comfort to us suffering GAN shareholders, but I will take anything that is going!

[napoleon 14th] 22/4/2022 00:09

I'll admit to being the third! Should have followed my rule of "sell half on a double". We're far from alone.....Bet this hurt as well:
Bill Ackman sells Netflix stake at $400m loss.
hxxps://www.thetimes.co.uk/article/a3adad6a-c132-11ec-b4e3-203ad1be3cbc?shareToken=1542a477f17f78b4de7b9ac40dfddd25

[mylands] 21/4/2022 17:50

It's no consolation but GAN is not alone in this market sell-off.

The really dire fact is that we will shorty be joining as a the member of the '90% Club', if/when the price reaches $2.70. Who would have thought that would be where we were heading, less than two years ago, after launching on NASDAQ?

Oh, why wasn't I top slicing as it fell from $30? Hindsight is a great thing!!

[festario] 21/4/2022 16:23

Plumbing new depths is this.

[napoleon 14th] 20/4/2022 07:13

So, Netflix down 25% after hours........... A cold wind blows.
The Smurf is up against it IMO.
Better keep signing those deals and make them pay.

[mip55] 18/4/2022 14:00

GAN Announces Launch of PlayEagle.com by Soaring Eagle Casino & Resorthttps://www.businesswire.com/news/home/20220418005173/en/GAN-Announces-Launch-of-PlayEagle.com-by-Soaring-Eagle-Casino-Resort

[busterdog2] 18/4/2022 13:22

Good client win announcement today.

[alan@bj] 16/4/2022 08:48

My guess looks spot on

[daveme] 02/4/2022 10:39

Mets, why do you "Highly doubt they'll (i.e. Superbook) be doing business together"?

[alan@bj] 02/4/2022 07:05

Here we go - income overstated, expenses understated.

[mylands] 30/3/2022 10:14

Mets

Thanks, and as I said 'not happy bunnies'!

[mylands] 29/3/2022 08:49

Coolbet fouders cannot be happy bunnies having taken a load of GAN stock at a price way above the current lowly $5. I cannot recall what the price actually was when they took the stock in payment for Coolbet, anyone know?

[mets333] 29/3/2022 03:53

Im raw 333, I asked at investor day back in October and he said Q2 2022. The fact that he didn't mention superbook with the upcoming launches this quarter tells me that it probably fell through for one reason or another. Highly doubt they'll be doing business together.

[daveme] 28/3/2022 15:47

A question that was posed on Stocktwits (by Raw333) was what happened to the Westgate Resorts’ SuperBook® (CO, NJ) real money gaming deal announced in the March 2021 Earnings Presentation? There's seemed to be no mention of it since.

Does anyone know whether this has been completed and gone live?

[daveme] 28/3/2022 14:48

Without CoolBet I'm not sure GAN would still be here, or at least it would be in a pretty sorry state (if it's not already in a pretty sorry state!). The success of CoolBet has kept GAN afloat. Whether the sellers of CoolBet wished they had their time again so they could make a different decision, I don't know, but the deal definitely benefited GAN shareholders.

With regards the patent litigation, GAN doesn't really have a choice. They have held off for a long time now, trying to persuade/cajole/threaten companies that are infringing their patent but they just keep being told to f-off. What else can they do? They know it will be a long drawn out process, with monetary costs involved as well as generating bad feeling amongst the very customers they wish to do business with.

There's also the issue of what happens if they lose! Where does that leave all those companies that paid GAN a fee to use its patent? High stakes all round.

Let's hope Dermot's view of the cast iron validity of the patent is correct!

[napoleon 14th] 23/3/2022 19:55

Understandably the market didn't like those results, & was expecting much better.
Last week's rise gave hope which wasn't confirmed.
The live price is US$4.80, down 0.66US$ 15 minutes from the close
but recovered from an intraday low of US$4.45.



The Smurf changed direction, going for B2C, which hasn't paid so far.
Had GAN stuck to the original gameplan, the picture would be different.

Was it a mistake? Certainly bad timing and a higher risk profile as a result,
particularly as we're now going legal against MGM, ENT's US partner - not a good idea -
but Dermot is a lawyer so he should know, yes? Famous last words?
One hopes that the B2B continues to grow with the overall market
& B2C gets fine tuned to make money, eg.: Coolbet might have a go in Brazil...

Whatever, Desmond has A LOT TO PROVE.
Question is "How long will that take?" if it ever happens.
I've kept mine as I'm unwilling to sell at these prices, tho' sorely tempted...