Global Gaming Share Discussion Threads

[yourock] 15/11/2005 16:42

The Shuffle man thanks for taking the time to post have added to CGT to my watch list.

[the shuffle man] 15/11/2005 16:23

market cap now only 4.4m - £750k in the bank and Shareholders funds of £11m is this now looking too cheap. Last results showed things on track so why the massive sell off????

[the shuffle man] 15/11/2005 16:21

what the fek is going on here then

[maximusg123] 15/11/2005 13:29

Afternoon - DL keep finding you on the same boards

[davidlloyd] 15/11/2005 12:22

Another Beachy Head share, ouch.

[xsurfer] 20/8/2005 11:27

A private company called Event Data Correllation Ltd have reversed quietly into GGT...run by well regarded ex Autonomy PLC techies and Paul Pullinger from Ladbrokes, they have a very clever price correlation software that allows second by second arbitrage across betting exchanges for companies like Ladbrokes/William Hill to lay off they betting book risk...launch the product end September in US/UK with rumoured big name launch customers...application go beyond betting to financial markets as well. At £10m mkt cap this could be huge given the quality of management team....get in early!!

[scotty2dogs] 09/6/2005 20:19

quiet on here--got into this last week.Big gains to be had on this kind of company--the next big thing -online gambling sies are making £4m a day.

[ppowerscourt] 03/3/2005 08:47

Question:

This share is temporarily suspended since yesterday. How come its share price jumped to 11p without any trading allowable? It cannot be traded until back from suspension and yet the shareprice rose 2p this a.m. Please explain this. Thank you.

Edited: sorry ,misread yesterday's data as today's!

[pomp circumstance] 02/3/2005 17:35

Reverse takeover see RNS

[opthalmist] 02/3/2005 14:50

Large trades going through - even more interesting.

[opthalmist] 02/3/2005 14:42

Ticking up.

[sharegod] 02/3/2005 14:10

ah another one with game in the name must be worth a punt.!

[opthalmist] 02/3/2005 14:02

Ok looks interesting.

[double6] 02/3/2005 13:13

Ticked Up.

[jayeshp] 16/2/2005 09:39

Morning, take a look at AQL poised for a very good rise. Has aquired a profit making business to compliment the current claims company now set to make great returns from both businesses which already make a profit.

[prefab] 16/2/2005 09:03

A lot of burnt fingers on this one punters getting shafted by the MMs, perhaps the time to buy, Hmm.

[prefab] 15/2/2005 13:10

Why do that when you can buy Sporting Options' technology from the receivers for next to nowt. They went bust recently after plundering their clients accounts to support their operations, the technology worked though. Betfair stands almost uncontested as an exchange now in the UK, some would argue that it is an unhealthy situation (not to mention very profitable). They have recently introduced a new (unpopular)commision structure which effectively keeps everyone but the big punters in the 4.5 - 5% bracket of commision. But when you're the only exchange of any significance you can do things like that.

Not that I envisage this lot doing it.

[wjccghcc] 15/2/2005 12:48

Yeah but did you see betbug's turnover in the 3 months since launch ... 3,500 pounds in total!!!

[capt bligh] 15/2/2005 11:26

If you are in the mood for a speculative gaming punt... have a look at waltech on Ofex. They have a share of Betbug.. this is a p2p platform similar to betfair... heres the hook: for byzantine reasons this system is legal in the US ie it is the only way for a us citizen in the US to use the internet to bet legally. Waltech are preparing the way for betbug to float..when thgis will be is unknown but we have "this year" from Waltech.

[prefab] 15/2/2005 11:17

True, on the assumption that the companies they acquire are listed.

[cinoib] 15/2/2005 11:08

If this is going to develop through aquasitions then you'de do bet-ter buying in to the commpanys it's going to aquire.

[prefab] 15/2/2005 11:01

Well it looks to me like their first acquisistion could (I emphasise COULD) be inbound, may look to pick up a few speculatively.

[teapreacher] 15/2/2005 10:11

thanks for that prefab and well done:-)

[prefab] 15/2/2005 10:07

Found something from corvuscapital.com

Global Gaming Technologies plc is a new company that has been established to build, through acquisition, a group specialising in providing enabling technologies for multi sports and events-based gaming.


The company intends to exploit "The Big Bang" in betting. This is epitomised by the advent and growth in the number of online and remote betting sites in over 50 jurisdictions. Estimates of the total market size of internet betting and gaming vary. Datamonitor predicted that by 2005 there would be 15 million online gamblers generating a turnover of £20.7 billion, of which 1.4 million people would be using the internet to place their bets in the UK spending over £2.8 billion each year. This compares to a report given by the National Office for Information Economy in Australia which estimates the global online market taken in isolation could be worth anywhere between £7.3 billion and £73 billion.

It is further estimated that, globally, there are now over 1,700 betting and gaming web-sites offering services on the internet. In 2002, online gambling represented 1.5 pr cent. of the total global gambling market (equating to £2.05 billion). In 2004, this figure was expected to grow to represent between 3 and 5 per cent. (with a value of £6.6 billion). Forecasts underline that this is a significant and growing international market and look even more favourable when set against the increasingly advantageouse tax environment and the ongoing processes of legislative change.

The directors of Global Gaming Technologies believe that the gaming markets are still fragmented due to the relatively slow adoption of new technologies by established brands, especially when compared against the speed with which consumers are adopting new technology and the lack of comprehensive global data and information feeds. Broadband penetration is growing rapidly - over half of US internet home users now have broadband access as opposed to only 20 per cent. in early 2002. It is the directors' belief that the fragmented nature of the gaming industry is best demonstrated in the fast-growing Asian gaming markets. By virtue of its technology-led investment strategy the company will aim to achieve extensive penetration into the Asian sports and gaming sector, allowing the company to access what the directors believe to be one of the most consistent and fastest growing gaming markets in the world.

By its nature the gambling market is a global one and the company will therefore consider target companies based anywhere in the world.

The company aims to invest in early-stage technology companies that offer some of the following attributes:

gaming applications which deliver stickiness (the ability to retain customers on the website), differentiation and enhanced consumer appeal;
proprietary betting search engines which enable global comparison of price and odds;
gaming data and information providers;
operations with applications in the areas of financial spread betting, fixed betting and hedging amongst others;
operations that facilitate remaote gaming across mobile phone networks; and
fantasy game providers involved in the operation of team-orientated fantasy and other data-dependent games.
Global Gaming Technologies plc is listed on AIM with ticker symbol GGT (click here to see the latest share price).

Corvus Capital has a 35.8% shareholding in the company.

[prefab] 15/2/2005 09:59

So does anyone know anything at all about this company, have done searches etc and came up with SFA.