Gan Share Discussion Threads

[rivaldo] 13/12/2018 07:25

Confirmation of the terrific November figures via RNS this morning:



This says it all:

"Total Internet Gaming Win increased 30.7% from prior year monthly period

Total Internet Sports Wagering Handle increased 36.8% From October 2018"

Time for a big bounce from here methinks.

[cottoner] 12/12/2018 22:26

New Jersey online figures.

For comparison’s sake
The rate at which online sports betting is growing is nearly mind-boggling. In September, online accounted for roughly $104.9 million in handle. That number more shot up to $174.4 million in October, before climbing to last month’s mark of $238.6 million, up 36.8%.

[cottoner] 12/12/2018 22:20

Also, Ocean Resort online revenue increased to $915,930 in Nov from $595k in Oct.

[cottoner] 12/12/2018 22:14

In Nov, Fanduel revenue almost doubled from $3,542,640 to $7,043,394, which comprised of $4,437,916 online and $2,605,478 retail.

[noujay] 12/12/2018 21:59

How's Fanduel doing revenue-wise?

[busterdog2] 12/12/2018 19:56

Impressive!

[noujay] 11/12/2018 23:59

NJ numbers out tomorrow..

[ksavani1] 11/12/2018 15:25

Another 75K buy at the same time as yesterday

[noujay] 09/12/2018 15:52

Fanduel will certainly be having the same experience. It will be interesting to see their numbers vs Draft Kings this week as the marketing starts to kick in.

[cottoner] 07/12/2018 18:56

DraftKings 'way above expectations' in mobile bets - Hope FanDuel are experiencing similar - if so very good news for GAN.


===================================================

DraftKings Surpasses 8 Million Mobile Bets in New Jersey: ‘We’re Way Above Expectations’

DraftKings has taken more than 62,000 bet per day on its mobile app in New Jersey since launching on Aug. 1.

CEO Jason Robins told The Action Network that, "We're way above expectations. Probably three times what we projected."

[busterdog2] 07/12/2018 15:27

Good news arrives, traders buy, they take 5/10% profit, and sell. That’s the way it usually goes.

[noujay] 07/12/2018 09:21

I doubt there's too many traders attracted to this. You simply can't get in and out that easily with the lack of liquidity.

[cottoner] 07/12/2018 09:15

In that respect GAN is no different to almost every other listed stock at the current time.

At least GAN will have positive news to announce in the coming weeks and months which should attract investors/traders.

More than can be said for a lot of stocks.

[mylands] 07/12/2018 09:08

Posted to wrong thread, sorry guys.

[noujay] 04/12/2018 14:29

Small mention for GAN last week in the ES:https://www.standard.co.uk/business/market-minnows-why-gambling-firm-nektan-could-be-worth-a-punt-a4000121.html

[noujay] 02/12/2018 21:19

One of the GAN references in the TU in terms of GAN performance is the speed at which PPBF/FD scales up its marketing. This sort of thing is evidence that they are going to scale this up in the usual PPBF way.https://www.thelines.com/fanduel-sportsbook-pay-alabama-futures-bets/

[noujay] 30/11/2018 17:19

Sportsbook at Twin River in RI opens Monday. Won't hurt GAN's simulated offering to have a few more punters in the casino.

[rivaldo] 29/11/2018 11:58

Cheers cottoner. I assume the share price has simply slipped in the general market malaise, but I fully expect a bounce as we approach the full Pennsylvania launch.

EDIT - or even as I type :o))

[cottoner] 28/11/2018 22:13

Parx getting ever closer.

=======================================

Parx, SugarHouse get green light to launch sports betting soon

Pennsylvania gaming regulators on Wednesday cleared a path for Parx Casino in Bensalem and SugarHouse Casino in Philadelphia to launch sports wagering soon.

The Pennsylvania Gaming Control Board approved licenses for the bookmakers that will take sports wagers at the two casinos, which had hoped to launch their sportsbooks around Dec. 1.

continues

[noujay] 27/11/2018 12:34

Usually this bounces up from the c.50p placing level quite neatly so I took a very small top up earlier.Concurrently PGCB say yesterday that four casino tests are on the agenda in the next few weeks before year end. Not long!

[ksavani1] 26/11/2018 18:17

Exactly, it’s a small holding he has released. Patience is key, 2019 will be a good year imo.

[ltinvestor] 26/11/2018 17:32

In May Gan raised £7.5m by issuing shares at 50p to US institutions.I have every confidence in the future for this company..