Gan Share Discussion Threads

[noujay] 26/11/2018 17:15

Agree with that. I don't like to see him selling any purely for the messaging, but it's small potatoes and presumably just augments his salary.He will also no doubt get more options as they go along so they will get replaced.Still, I'd have preferred to see a more interesting RNS after the positive earlier one!

[homebrewruss] 26/11/2018 16:46

It's only a small part of his 9 million odd shareholding and there's probably a perfectly good reason for him needing the cash but perhaps they could look at improving their PR strategy.

[mad foetus] 26/11/2018 16:36

Dumped some at the close, only have a small holding, don't like this share price action at all.

[busterdog2] 26/11/2018 16:35

Who’s now out of pocket...

[ltinvestor] 26/11/2018 16:29

The stock was picked up by somebody....

[mad foetus] 26/11/2018 13:11

Story too opaque need more infoWould like to get Barry Fflapps involved here but he says no at the mo

[noujay] 26/11/2018 08:56

It's just announcing go-live, but then again switching on the revenue streams is what this is all about so delighted to hear it!

[jon123] 26/11/2018 08:49

if it was a new contract yes but its not it was flagged earlier in year no new news just recycled news

[rimau1] 26/11/2018 08:32

Yes Noujay! See - its not that hard to add a couple of paragraphs of how the announcement positively impacts our financials! Well done Gan. Happy monday all

[ny boy] 26/11/2018 07:27

I know the Italian guy who owns Goldbet

Sounds like another great move for GAN going forward.

[noujay] 26/11/2018 07:20

Must have heard you!

[igoe104] 26/11/2018 07:16

LONDON STOCK EXCHANGE (LSE): GAN | IRISH STOCK EXCHANGE (ISE): GAME

Launch of Internet Gaming for Goldbet
9TH client launch cements GAN's position as the market leader in delivering Internet gaming content in Italy

London & Dublin | November 26, 2018: GAN plc ("GAN" or the "Company"), an award-winning developer and supplier of enterprise-level B2B Internet gambling software and services, today announces the launch of Internet gaming content for GOLDBET Srl ("Goldbet") a leading Italian sports betting & casino gaming operator in Italy's regulated market.

Further to the announcement on April 17, 2018 announcing Goldbet as the Company's 9TH client in Italy, GAN has now integrated its Platform in Italy and launched internet gaming content for Goldbet. Goldbet operates a substantial network of more than 900 retail gambling shops accounting for approximately three per cent market share of Internet casino gaming in Italy.

Today, GAN delivers more than 500 high-quality casino slots, table games and non-traditional games in Italy to nine (9) Italian operators who together represent more than forty-five per cent of Italy's total Internet casino gaming market by Gross Gaming Revenue. Strong growth in the region resulted in revenues from Italy growing to £1.7m during H1 2018 (£1.2m H1 2017; £2.8m CY2017) accounting for just under 40% of GAN's net revenues and this latest launch further strengthens GAN's position as the country's leading independent Internet gambling software and services provider.


Management Commentary

Dermot Smurfit, CEO of GAN commented:

"GAN continues to win major clients in Italy by delivering an increasing number of high quality Internet casino games to our Italian clients, carefully procured from independent casino game design studios worldwide as well as major land-based casino equipment manufacturers. GAN's distribution reach now extends to nearly half of the regulated Italian Internet casino gaming market: We very much welcome the launch of Goldbet as our ninth operator client in Italy."


FAQ's about GAN's Italian real money online Regulated Gaming

· Internet gaming was effectively out-lawed in Italy until 2008 when legislation permitted Italy's existing retail & online sports betting operators to launch skill-based games online including Poker and traditional Italian card games played person-to-person. GAN launched its first Italian client SNAI SpA online in September 2008. Legislation permitting casino Table games passed in 2011 and casino Slots in 2013.

· GAN's client base in Italy comprises major retail gambling operators with counterpart Internet gambling operations. The ban in Italy on the advertising of gambling commenced in June 2018 and has been widely reported as negatively impacting online-only Italian operators of Internet gambling while favouring retail gambling operators.

· The Internet casino market in Italy averaged EUR 57.7m ($71.3m) in Gross Gaming based on the three (3) months of February 2018, January 2018 and December 2017 market share information reported by the Italian regulator AAMS. This was an increase of +31.3% Year on Year on the three (3) month average of EUR 44.0m ($49.4m) in February 2017, January 2017 and December 2016.

· There are sixty-nine (69) active operators of licensed Internet casino gaming in Italy. GAN's nine (9) clients, including Goldbet, represent in aggregate more than 45% of the Internet casino market in Italy based on the market share information reported by the Italian regulator AAMS.

[busterdog2] 25/11/2018 12:46

Gents, I doubt moaning on a BB will achieve anything. Have you tried contacting GAN with your concerns?

[leoboy] 25/11/2018 11:24

every little bit ... :

[shaker44] 25/11/2018 10:32

not sure what has happened but before I bought,Gan seemed ahead of the game with RNS but,sadly, they are now way behind the game. Lost focus somewhere.

[homebrewruss] 25/11/2018 09:51

Romain, agree. I think for the casual observer the investment proposition is very opaque and it's hard to get a handle on potential revenues and profits.

[rimau1] 25/11/2018 09:31

Gan could really do with investing in some investor relations. Releasing some already published but potentially interesting New Jersey gambling stats with no context or commentary a couple of days after we released KPI’s that talked about significant growth in NJ. Give me some NJ performance stats GAN, what % of gross revenue are we handling!