| Share Name |
Share Symbol |
Market |
Type |
Share ISIN |
Share Description |
| Gan Plc |
LSE:GAN |
London |
Ordinary Share |
GB00BGCC6189 |
ORD 1P |
| |
Price Change |
% Change |
Share Price |
Shares Traded |
Last Trade |
| |
0.00 |
0.0% |
225.00 |
0.00 |
01:00:00 |
| Bid Price |
Offer Price |
High Price |
Low Price |
Open Price |
|
|
|
|
|
|
| Industry Sector |
Turnover (m) |
Profit (m) |
EPS - Basic |
PE Ratio |
Market Cap (m) |
|
Travel & Leisure
|
10.57
|
-6.69
|
-7.67
|
|
191
|
| Last Trade Time |
Trade Type |
Trade Size |
Trade Price |
Currency |
| - |
O |
0 |
225.00 |
GBX |
Real-Time news about Gan Plc (London Stock Exchange): 0 recent articles
| Trade Time |
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No Trades
| Date | Subject |
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14/9/2021
15:54 | rivaldo: Good spot mip55.
GAN also highlighted by Macquarie the other day:
Https://thefly.com/news.php?symbol=GAN
"September 9th, 2021 11:10
Online gaming stocks seen ready to score as NFL kicks off
The reigning Super Bowl champion Tampa Bay Buccaneers will face the Dallas Cowboys on Thursday in the 2021 NFL Kickoff Game set for 8:20 PM ET, with Tom Brady's team a 7.5-point favorite in the latest odds from Caesars Sportsbook. Macquarie analyst Chad Beynon sees tonight's kickoff as a "major catalyst" for the online gaming group and recommends investors own the group heading into the start of the new NFL season.
MAJOR CATALYST: Ahead of the Buccaneers vs. Cowboys game, Macquarie analyst Chad Beynon told investors that he sees Thursday night's kickoff of the National Football League season as a "major catalyst" for the online gaming group. Internet gaming names have rallied during the last month, and this should continue as investors become more comfortable with upcoming revenue estimates, Beynon contended. He thinks total addressable market is the most important driver of the group and that new features such as in-play betting, microbetting and same game parleys "will be a positive surprise." The analyst pointed out that other key issues to monitor are the performance of in-house versus third-party platforms and market share. He estimates that football accounts for 35%-40% of the annual revenues, although most of this comes in the fourth quarter.
Regarding M&A, Beynon expects more acquisitions following recent deals headlines by the Penn National Gaming (PENN)- Score Media (SCR) and DraftKings (DKNG)-Golden Nugget Online (GNOG) acquisition. MGM (MGM) has previously voiced a desire to consolidate BetMGM and a Caesars William Hill International divesture appears imminent, the analyst contended. Beynon has Outperform ratings on International Game Technology (IGT), Full House Resorts (FLL), Gan Limited (GAN), Century Casinos (CNTY), Inspired Entertainment (INSE), Rush Street Interactive (RSI), Caesars (CZR), MGM Resorts and DraftKings. He recommends owning the group heading into the NFL season catalyst.
DRAFTKINGS, FLUTTER REMAIN FAVORITES: Ahead of the 2021 football season, Jefferies analyst David Katz told investors that the updated version of his sports betting consumer survey series, with specific queries around the highly-anticipated NFL season, supports his thesis that technology matters as manifested by ease-of-use replies. In this regard, the analyst's favoritism for DraftKings and Flutter Entertainment (PDYPY) remains and the opportunity is clarified for integrated operators Caesars and MGM. He believes technology drives control over time to market, product offerings and economics as well as ease-of-use.
The analyst also noted that this NFL season will be the first for Michigan, Tennessee, Virginia, Wyoming, Arizona, Connecticut, Louisiana, Maryland, and potentially New York and Florida, all of which would drive an oversized growth versus last year. As well, this will be the first football season post DraftKings' conversion to SBTech's platform, the Caesars-William Hill merger, Churchill Downs' (CHDN) Twinspires rebranding, Bally's Corp.'s (BALY) Bally Bet and Wynn's (WYNN) participation, Katz added. Overall, he expects "football season to be profound" for operators and productive for the entire group of stocks. The analyst believes DraftKings, Flutter, and MGM are currently the best positioned, and sees Caesars as in a relatively early stage given the timing of the William Hill acquisition. Also, smaller and B2B players Gan, Gambling.com (GAMB) and Rush Street Interactive should reflect well during NFL season, he added."
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17/8/2021
23:23 | daveme: Someone's a fan:-
hTTps://www.youtube.com/watch?v=jlaW8bll4OY
[Courtesy of 4STRING4LIFE on Stocktwits].
I'm not sure he is fully conversant with the company, however he did make a good point about the current share price in that it is less than the opening price when GAN first came to the NASDAQ last year which is ridiculous since GAN is definitely a much better proposition now than it was then.
If I had any available funds I would definitely be taking advantage of the current share price.
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17/8/2021
10:46 | daveme: Two points to note:-
"Our U.S sales team is in ongoing active discussions with a wide range of new B2B clients for a long standing core platform offering our omni-channel GAN sports solution, and of course, our new Super RGS equipped with exclusive high value content for which WE ANTICIPATE CLIENT ANNOUNCEMENTS WILL FOLLOW SHORTLY."
"... we are scaling right now to meet the demand from existing and new clients we can see emerging from AN EXTREMELY ACTIVE SALES PIPELINE."
Let's hope some announcements of new clients are made soon to give support to the share price over what I suspect could be a difficult few weeks. Otherwise I don't see the share price recovering until 4th October when GAN have their investor day showcasing their sports betting kiosk and mobile sports betting offering.
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10/8/2021
13:53 | rivaldo: Cheers - more detail below. Initiations often have low first target prices, as it leaves room to quickly upgrade after subsequent news/trading statements. Hopefully $21 is just the starter for ten.....
Https://thefly.com/news.php?symbol=GAN
"Jefferies starts Gan Limited at Buy with $21 price target 08:40 GAN As previously reported, Jefferies analyst David Katz initiated coverage of Gan Limited with a Buy rating and $21 price target. His positive stance is based on Gan's "demonstrated strength as a B2B provider-of-choice" and the quality of its core player account management, or PAM, capabilities, said Katz. He also sees the addition of Coolbet assets, which provide B2B real money wagering capabilities for both OSB and iGaming, helping GAN to capture a larger percentage of the value chain, Katz added."
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02/8/2021
13:51 | libertine: 3 Small-Cap Stocks Set to Sizzle While Robinhood Fizzles
Thomas Yeung
Fri, July 30, 2021, 7:59 PM
3 Attention Economy Stocks to Buy for Revenge on Robinhood: GAN Limited (GAN)
DraftKings and FanDuel certainly pleased investors with their Q1 numbers. But what about investors looking for 20x gains? You would need to look at far smaller companies to realize such big profits.
Enter GAN Limited (NASDAQ:GAN), a $680 million market cap B2B business that runs the technology behind online sports. It’s a company to watch for two key reasons.
First, this company has quietly become one of the largest online gaming platforms in America. Gross operator revenue jumped 73% to $545 million in 2020.
Second, GAN operates a revenue-share business. So when its customers make more money off sports betting, so does GAN.
There are some risks. 42% of GAN’s revenues currently come from FanDuel, a reflection of industry concentration. And challenges in execution remain — the company remains an unprofitable startup in a rapidly-growing industry.
But analysts agree: online betting is fast approaching a tipping point. They expect GAN’s revenues to rise by nearly 20% and its EBITDA (earnings before interest, taxes, depreciation and amortization) profits to quadruple to almost $40 million by 2023. With more legalized sports betting on the way, it’s hard to ignore this regulatory play.
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28/7/2021
13:03 | epicsurf: Good spot mylands
Addition of Treasure Island marks GAN’s first partner located on the iconic Las Vegas Strip
Irvine, California | July 28, 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 that it has entered into a binding term sheet with Treasure Island Hotel & Casino (“Treasure Island”) to develop a customized simulated gaming solution designed for Treasure Island’s patrons and available across desktop and mobile applications, integrated with Treasure Island’s retail casino rewards program. The customized simulated gaming solution will be powered by GAN’s core GameSTACK™ enterprise software system that today offers more than five hundred high-quality online simulated games, many of them recognizable by patrons from retail gaming floors. Treasure Island represents GAN’s eighteenth B2B client of simulated gaming, and fifth new B2B client win year-to-date. First launched online in 2014, GAN’s simulated gaming solution now serves patrons of 101 retail casino properties coast-to-coast in the U.S.
For B2B retail casino operator clients, simulated gaming generates additional high-margin revenue from retail casino clients’ existing patron databases, enables the retail casino property to engage with their retail patrons, through an authentic internet and mobile social gaming experience, even in states where legislation allowing licensed real money iGaming is yet to arrive. The unique software provides meaningful marketing, brand building, and revenue opportunities for both operators and GAN, and has proved to increase visitation to the retail casino clients’ property. Strategically, simulated gaming also offers U.S. retail casino operators the ability to build an online database before the commencement of intra-state regulated real money Internet gaming.
Treasure Island features over 2,800 newly renovated hotel rooms and over 85,000 square feet of live casino gaming conveniently located on the iconic Las Vegas Strip. GAN was selected to develop a custom solution to bring a more robust experience to Treasure Island’s players. GAN will be launching a state-of-the-art, integrated simulated gaming platform on behalf of Treasure Island across both desktop and mobile applications, and supplying both marketing and front-line customer service for users. As part of the arrangement, GAN will also be launching the Company’s latest technology, which offers a new application framework and desktop template including loyalty linking the property’s robust retail player database. The mobile application will be compatible with both Apple and Android devices.
Marcus Yoder, Senior Vice President of Sales of GAN, commented:
“Our Simulated Gaming technology and software continues to demonstrate its industry-leading position, and our premier list of partners is growing as a result. We are very excited to partner with Treasure Island – a premier asset located on the Las Vegas Strip. Players and guests have been patronizing the iconic property for nearly 30 years, and we are thrilled to offer those players and guests new ways to engage and play with Treasure Island. We are proud to be selected as their trusted partner to improve their player experience. We look forward to developing a customized solution for Treasure Island and the continued growth of our Simulated Gaming offering.”
Pascal Tang, Director of Slot Marketing of Treasure Island Hotel & Casino, commented:
“With the world of gaming always evolving, players around the globe are constantly searching for new and exciting ways to stay engaged with their favorite games, brands, and casinos. With that in mind, it was clear to us that the digital space will become more and more important in the future. Therefore, we are excited to partner with GAN, a proven B2B operator with a customizable and tailored technology solution, in order to continue to drive player loyalty, brand awareness, and new revenue opportunities.”;
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25/5/2021
09:44 | rivaldo: B.Riley say Buy with a $26 price target:
Https://seekingalpha.com/news/3699405-gan-limited-rallies-after-michigan-deal-positive-b-riley-update?utm_source=advfn.com&utm_medium=referral
"GAN Limited rallies after Michigan deal, positive B. Riley update
May 24, 2021 8:41 AM ETGAN Limited (GAN)By: Clark Schultz, SA News Editor5 Comments
GAN Limited (NASDAQ:GAN) trades higher after adding a fourth casino client in Michigan via a new deal with the Saginaw Chippewa Indian Tribe of Michigan. The company expects to nab a "fair share" of the Michigan market through the Soaring Eagle Casino & Resort deal.
GAN also received some positive attention today from B. Riley, which transferred coverage to analyst David Bain.
Bain notes that GAN is leveraged to iGaming and online sports wagering total addressable market increases. He also values the recent Ainsworth deal at $2 to $6 per share.
B. Riley has a Buy rating on GAN and price target of $26."
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24/5/2021
15:41 | rivaldo: Cheers mylands and daveme - here's the link to the new casino win:
Https://www.businesswire.com/news/home/20210524005180/en/GAN-Announces-Addition-of-Soaring-Eagle-Casino-Resort-as-Its-Fourth-Client-in-the-State-of-Michigan
"Dermot Smurfit, Chief Executive Officer of GAN, noted:
“We are thankful for Soaring Eagle’s confidence in our B2B platform offering and the opportunity to partner together. We look forward to powering the Soaring Eagle brand in Michigan with our highly optimized technology platform and enabling them to efficiently attract loyal sports betting and iGaming players. The Michigan market is off to a great start with expectations that it will surpass $1 billion in gross operator revenue in its first twelve months of operations. Given Soaring Eagle’s strong brand, sizeable database and experience, we expect them to capture their fair share when they launch this fall.”
David Charles, Chief Operating Officer of Soaring Eagle, added:
“We are excited to leverage GAN’s proven Michigan platform capability and expertise to introduce an exciting online casino and sportsbook, which will allow us a new way to engage with our patrons. GAN has a proven solution and has demonstrated their ability to bring their platform to market quickly in Michigan. We look forward to collaborating with the team at GAN and our shared future together.”
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18/5/2021
13:36 | rivaldo: Https://thefly.com/news.php?symbol=GAN
"Gan Limited raises FY21 revenue view to $103M-$108M from $100M-$105M 16:02 GAN Consensus $102.24M. Karen Flores, CFO added:"Our first quarter financial results exceeded our expectations, and the outlook remains positive for the balance of 2021. We are increasing our full year revenue guidance to a range of $103 million to $108 million. As we gain scale, become more efficient, and move through a period of significant investment for growth, we anticipate to drive improved profitability. These factors will yield better operating leverage across the business over the long-term and further bolster our strong financial position as we execute our growth strategy, support new and existing customer launches and launch the B2C sports book technology later this year."
"Gan Limited to obtain exclusive online rights to future Ainsworth online games 16:05 GAN Gan Limited announced it has reached an agreement with Ainsworth Game Technology Limited to obtain the exclusive online rights to all current and future Ainsworth online games, today comprising over seventy unique games, for an undisclosed amount.
Jeff Berman, Chief Commercial Officer of GAN, said, "Today's announcement recognizes the benefit of marrying our distribution to Ainsworth's content and is an important step toward disrupting existing distribution channels in the U.S. online gaming space. This agreement ensures that GAN possesses differentiated and exclusive access to what we believe will be an ever-growing focus on recognized retail gaming content naturally sought-after by Americans engaged in playing online casino games. Our goal is to continue to build a leading portfolio of U.S. casino games to benefit our diverse clients and establish ourselves as exclusive providers of premier U.S. content.
We are excited to extend our long-standing relationship with Ainsworth, as they have built a global reputation for developing award-winning games for both the online and land-based channels."
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27/4/2021
12:06 | rivaldo: Hopefully this news will get things moving nicely today - here's the Business Wire link:
Https://uk.advfn.com/stock-market/NASDAQ/GAN/share-news/GAN-s-Technology-Solution-Now-Powering-Real-Money/84915902
"GAN’s Technology Solution Now Powering Real Money Gaming for Churchill Downs Incorporated Across Five States on Single App ...
26/04/2021 9:05pm
Business Wire
Successfully transitions Pennsylvania & Indiana onto platform, while concurrently launching mobile sports betting in Colorado
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 a successful multi-state transition onto its platform for Churchill Downs Incorporated’s TwinSpires branded sports betting and iGaming operations in Pennsylvania and sports betting operations in Indiana. Additionally, GAN launched inaugural mobile sports betting operations for TwinSpires in Colorado, which, when coupled with the previously launched solutions in Michigan and Tennessee, brings the GAN-powered TwinSpires brand to five total states. This provides for TwinSpires to leverage its strong brand across horse racing and sports customers in advance of the upcoming 147th running of the Kentucky Derby on May 1st.
Following the migration onto GAN’s technology platform the company is pleased to support TwinSpires Sportsbook in Michigan, Colorado, Tennessee, Pennsylvania and Indiana with its leading player account management platform, in addition to powering TwinSpires’ Casino offering in Pennsylvania and Michigan. Both online casino and sports customers will be able to enjoy an uninterrupted playing experience with any product, in any state, on a single app leveraging GAN’s proprietary technology operating framework."
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Gan share price data is direct from the London Stock Exchange
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