Gan Share Discussion Threads

[noujay] 30/9/2018 19:19

Why don't you email the equity guys or the company and see what comes back?

[mip55] 30/9/2018 09:46

Two thumbs down, no articulation as to why. Just to set the record straight GAN is almost the largest holding in my portfolio and I bought into it because I believe it has a fantastic product at exactly the right moment to profit from it. The company clearly hires some outstanding developers / engineers, I just wish they would do something to address the woeful imbalance that exists between those software staff and the people responsible for keeping the market informed. If the latter task is being done In House then perhaps it is time to outsource it to someone with a modicum of professionalism.GAN has,potentially, a stellar future and the company should be shouting that out from the rooftops. Instead we get a late issued Interim report, a broken promise to update the market and one of the dullest and uninspiring presentations I've ever had to listen to. Anyone listening to the live briefing whilst looking at the live share price will know what I mean.GAN can and should do better to conquer this inadequacy because it is costing us money!

[mip55] 29/9/2018 23:48

I think investors are surprised that there was no further patent news in the interim results simply because the company stated there WOULD be an update in their Patent Update RNS of 14 September. The very fact that they neglected to even mention patents in the interims displays either a degree of incompetence or a suggestion of trying to hide something....either way it does not instil confidence in management to investors. I believe in GAN and believe the coming year will materially transform the company but they HAVE to realise that unforced errors such as this, along with admitting they had to turn business away because they failed to plan and deploy sufficient resources to cope with demand, will be hammered by the market.

[2mex] 29/9/2018 17:05

I am not surprised that there was no detail on Irwin mandate in the results update. It was only announced 2 weeks before. Irwin has taken the case(s). The news would only be that Irwin has contacted the companies. Hardly newsworthy at that point. With Irwin's track record and the re-issued patent emphasis, looks good for compensation to GAN and more licensing opportunities.

[2mex] 29/9/2018 16:29

As already mentioned Wednesday could bring good news for Parx



"Pennsylvania has 13 sports betting licenses available, one for each of the 13 casinos operating in the state. To date, 11 remain available, and the state will not auction off any that are not claimed."

[noujay] 29/9/2018 15:40

I would guess that this will take a dip this week as people get impatient unfortunately.

[noujay] 29/9/2018 09:39

I'm not sure lack of ambition is an issue here, and particularly based on the conference call comments below:"When it comes to financial and operational matters, we are sufficiently capitalized to continue executing on our existing strategic plan with positive cash flow anticipated in 2019 alongside record levels of gross income, net revenue and EBITDA flowing from existing clients under long-term contracts. By way of clear affirmation, our Board of Directors remains committed to the equity capital markets strategy of re-listing part all of GAN's equity on NASDAQ in the medium term and as another preparatory step we anticipate moving to US dollar based financial reporting in the New Year. We are extremely well positioned with our major clients as the US rapidly expands regulated Internet gambling. The Marathon has ended. Now we are sprinting at full speed."

[thefartingcommie] 28/9/2018 18:35

all rather uninspiring to the point of being dull..and as Remarko comments..not very ambitious.

enc. something that might make you want to party ;)

gd w/e all

[mip55] 28/9/2018 18:27

Things to look forward to include the monthly NJ betting figures attributable to Fan Duel ( mentioned in the presentation) and - not mentioned but perhaps should have been - the prospect of Parx getting the nod from the Pennsylvania regulators on 3rd Oct.

[mip55] 28/9/2018 16:44

Interesting that they said they have had to turn away new business because they didn't have the resources to cope, hence the ramp up of staff in Sofia. They talked in the Q and A about potentially two new real money contracts next year and a similar number of simulated gaming ones.

[mip55] 28/9/2018 16:34

No explanation that I heard regarding patents from the conference call and only one analyst asked a question.

[galatea99] 28/9/2018 13:38

"Height Capital Markets updates on the House Judiciary Committee hearing that was held yesterday on sports betting.

The firm concludes that it's unlikely that Congress will act anytime soon on a federal framework on sports betting, which puts the focus back on which states are ready to give the green light to the industry.

"We continue to expect a number of state legislatures will reconvene in early 2019 and begin enacting their own sports betting regimes," writes analyst Stefanie Miller.

Height's base case for 2019 is that 18 states will have legalized sports betting by the time football season begins next year and 30 states will offer sports betting within five years.

Early data reads on casino revenue and traffic in states where sports betting is off and running have been very positive, even before numbers for the first full month of college/pro football was tallied up. Casinos in states adjacent to legalized sports betting jurisdictions are believed to have seen some traffic loss.

Another interesting development this week that touches on the future of sports betting was the deal announced between the NBA and Turner Broadcasting (NYSE:TWX) to allow consumers to buy parts of out-of-market games for as little as $1.99. Some analysts see explosive potential for in-game betting via mobile apps in the future."

[danieldanj] 28/9/2018 11:43

GAN Plc (GAN) News Out Just Now

[mip55] 28/9/2018 11:19

As I intimated earlier.....amateurish. However was behind this release should have checked what the company said only days before....ie results at 7.00am and include an update on patents. The fact they achieved neither speaks volumes. Their PR is appalling frankly.

[molatovkid] 28/9/2018 10:39

mip....i agree about the poor wording...this company has so much potential, and the company need to sing more about that I feel.