Global Gaming Share Discussion Threads

[paulo2] 13/2/2006 07:12

Global Gaming Technologies PLC
13 February 2006

Global Gaming Technologies launches new consumer betting platform with Betfair
and Betdaq



One click allows consumers to compare prices across exchanges and bet on best
live prices for the first time



LONDON, England - 13 February 2006 - Global Gaming Technologies plc (GGT.L), the
company investing in enabling technologies for the gaming market, is today
launching the first betting platform which allows consumers to compare the best
prices on different betting exchanges, and to transact with one click across a
number of exchanges.


GGT has developed proprietary technology which allows live feeds from numerous
exchanges to be displayed, so that customers can see where the best value bets
are available. Subscribers can see the prices side by side before deciding which
bets to place. A free 30 day trial version of the software can be downloaded at:

www.oddstrader.com
.


Betting exchanges match bets from gamblers so that the best odds offered in the
market are displayed, rather like in a stock market. The exchange owner takes a
commission on each bet, rather than making a margin through the setting of the
odds like a traditional bookmaker. As a result betting exchanges usually provide
the best odds available to consumers.


GGT plans to add further exchanges to its platform, and to market the platform
to gamblers on a subscription basis as well as entering into affiliate
relationships with sports betting organisations. GGT has an agreement with
Betdaq and is also a software vendor licensed by the Betfair Developers Program.
This license permits GGT to build and sell applications using the Betfair API.


GGT plans to charge £50 per user per month, which it believes will represent
excellent value for consumers who will gain very important functionality and
unique access to multiple exchanges, potentially saving them many times their
subscription.


Paul Pullinger, CEO of Global Gaming Technologies plc said,


'This is a consumer application of huge value. The agreements we have reached
with Betfair and Betdaq mean that we will allow consumers to find the best
prices on offer across the two largest betting exchanges. We intend to add
further exchanges and betting information to the platform, so that we can become
a one-click, one-stop shop for gamblers who want to be certain they are getting
the best odds available.'



Brian O'Sullivan, CEO of Betdaq said,


'We are delighted to be working with GGT to allow this new application to access
prices and transact bets on the Betdaq platform. This application will allow
customers to see Betdaq's prices and compare them directly with others in the
market. We are confident that Betdaq's prices and liquidity will compare
positively and we look forward to a successful launch of the Oddstrader product
by GGT'.



- Ends -


About Global Gaming Technologies plc

Global Gaming Technologies plc (GGT.L) was incorporated on 16 July 2004 and
admitted to AIM on 29 November 2004. It was created to build a group
specialising in enabling technologies for the gaming and other applicable
markets. Its first acquisition was Event Data Correlation Limited (EDC) on 27
June 2005.
www.ggtplc.com



About Betdaq

Betdaq was launched in March 2001 and has become the world's second largest
betting exchange. It offers two-way betting markets in key global sports as
well as UK and Irish Horse Racing. Betdaq offers particularly strong markets in
Soccer, with Asian Handicaps a speciality given a well-established base in Asia.
Betdaq is part of the Global Betting Exchange network of exchanges.




This information is provided by RNS
The company news service from the London Stock Exchange

[krakow] 09/2/2006 16:31

Another good rise on decent volume. This must now be on a few more peoples' radar. Bodes well for tomorrow. Interesting to see if it can hold.

[s6otd] 09/2/2006 14:45

dont be short

[nissi beach] 09/2/2006 13:01

undervalued gaming stock about to take off



First buy has shifted it 3% and more coming

[krakow] 09/2/2006 09:23

Nice, another big blue start!

[krakow] 08/2/2006 21:25

salty, dilution may be a factor in shareprice performance here but more important is the management who have a huge pool of knowledge and experience across a range of relevant industries; finance, technology, gaming etc. I had looked at the capital-raising issue before buying. Higher risk = higher reward and all that.

[saltedcrab] 08/2/2006 21:13

running out of cash, c.700k i think left = probably only enuf till July by my guess. beware

[krakow] 08/2/2006 21:11

Well done bowlhead. I dipped my toe in here again today, averaging 4p. This could sparkle this year providing launches go well and the market starts to understand the scale of the thing.

[bowlhead] 08/2/2006 19:21

Don't know but I'm happy to sit around and watch the bid tick up by 14% a day. I'm in from 3.83p, from late December.

[krakow] 08/2/2006 16:39

Yikes, I've been talking to myself all day.

I'll get me coat.

[krakow] 08/2/2006 14:44

Bid ticking up nicely. I expect that 94K sell is really a buy.

[krakow] 08/2/2006 10:55

Eh up. More buying. Is something in the wind?

[krakow] 08/2/2006 10:51

Some activity, and it's buys. Only £3000 but it's a start!

[paulo2] 29/12/2005 15:05

Can't be long now!

[bowlhead] 12/12/2005 21:35

Wow, if we get 0.2p on the share price for something as groundbreaking as a first deal, imagine what would happen if it started making a profit. Maybe a whole penny!

Sarcasm aside, must be worth a punt at this level

[ichy_kent] 12/12/2005 11:21

well looked at Corvus, I like the Pullinger connection... took the plunge.... onwards and upwards

[ichy_kent] 12/12/2005 11:11

anyone know if they have a website ?

[paulo2] 12/12/2005 10:49

LONDON (AFX) - Global Gaming Technologies PLC announced a licensing agreement between its wholly-owned software company Event Data Correlation (EDC) and Affine Capital Partners LLP.

Under the deal, EDC's technology platform will be customised for real-time trading in the international emissions trading markets.

Exchanges have already been established around Europe and global exchanges are being developed to trade financial products in the international emission markets pursuant to the Kyoto Protocol.

[e-mail]

lam


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AFX News and the AFX Financial News logo are registered trademarks of AFX News Limited

[paulo2] 12/12/2005 08:05

This is just the start. Should be a good day today!

[fandango] 12/12/2005 07:33

Licensing Agreement

RNS Number:4739V
Global Gaming Technologies PLC
12 December 2005



("GGT")

Global Gaming Technologies plc

Licensing of EDC technology - International Emissions Trading Markets

London, 12 December 2005, GGT announces a licensing agreement between its
wholly-owned software company Event Data Correlation ("EDC") and Affine Capital
Partners LLP for EDC's technology platform which will be customised for
real-time trading in the international emissions trading markets. It is
estimated that the global emissions market will grow to euro 23 billion by 2010.

EDC's proprietary aggregation and correlation software is designed to identify
and effect real-time, automated trading from vast amounts of event-based
statistical data. Affine Capital Partners LLP is an international advisory
firm whose associates are experts in the EU Emissions Trading Scheme ("EU-ETS")
and international emissions and energy markets. The combination of EDC's
technology platform and Affine's market knowledge will enable the real-time
trading of spot and futures contracts in emission permits known as EU
Allowances.

Exchanges have already been established around Europe and global exchanges are
being developed to trade financial products in the international emission
markets pursuant to the Kyoto Protocol.

Commenting on the licensing agreement, Paul Pullinger, CEO of GGT, said:

"Our technology provides an excellent trading platform in this market where so
many factors come into play and event-based data from a number of sources have
to be collected and converted into a common form (normalised) in sub-second time
to enable trading across multiple international markets."

Peter Clarke, Managing Director (U.K.) of Affine Capital Partners, said:

"EDC's event-based technology is an ideal platform for us in this growth market,
where we can take disparate data sets on emissions, weather, natural gas, power
and coal to provide structured products for our clients wishing to manage and
optimize their international emissions and energy exposure."

Enquiries:

Dominic Johnson tel: [phone]
GGT

John Bick tel: [phone]

Kathryn Brudenell-Bruce
Director of Communications
Affine Capital Partners LLP tel: [phone]


Notes to Editors - International Emission Trading Markets

The European Union introduced a Directive to reduce emissions of carbon dioxide
with effect on January 1, 2005. Carbon dioxide (CO2) is thought to contribute to
global warming. The EU Directive is divided into two phases: Phase I for the
years 2005-7 inclusive, and Phase II for the years 2008-12 inclusive.

International Emissions Trading Scheme

The approach adopted by the EU to reduce carbon dioxide (CO2) emissions is a
'cap and trade' system known as the EU Emissions Trading Scheme (EU-ETS).
Instruments known as "Allowances" representing the right to emit one tonne of
CO2 are distributed to 11,400 facilities in all 25 EU member states. The
facilities are given a "target" or "cap" for the three years 2005-7 inclusive.
If a facility reduces its carbon dioxide emissions more than its target, it can
sell excess Allowances to other facilities that exceed their targets. The price
of an EU Allowance is set by the capital markets.

In Phase I, any installation that exceeds its targets will be fined Euro40 per
tonne of carbon dioxide and the amount of the deficit in Allowances will be
carried over to the following year. In Phase II, the fine increases to Euro100 per
tonne, any deficit will be carried over to the following year, and more
installations and gases will be covered

European-based Exchanges have already been established to trade spot and futures
contracts in EU Allowances. Furthermore, the energy mix in Europe of power,
natural gas, coal and oil has been impacted by the imposition of a penalty for
the emission of carbon dioxide. The biggest proportion of CO2 emissions come
from the power sector, particularly utilities with coal-fired fleets.

The Kyoto Protocol goes into effect on January 1, 2008, to include major
economies such as Japan, Canada, Russia, China and India in an international
emissions trading scheme which will also include the EU.

end

[paulo2] 24/11/2005 13:40

I'm in. Reckon it could be a multi-bagger for next year.

With a bit of luck the next GMC!

[yourock] 16/11/2005 10:22

Guys reckon this one could have some potential. Does anyone know if they have anyone signed up to use the service when it launches? and does anyone have the URL for their web site ?

[pinhead3] 15/11/2005 21:29

Cash outflow from operating activities is -£534K so £750K would last aprox 18 mths on that basis without any change in circumstances. Assuming that they go live in Q1 2006 immediate financing shouldn't be a problem, of course would then depend on what sales they are able to generate after that.

Very strange mark down today, either bad news is immanent or MM manipulation.

[the shuffle man] 15/11/2005 17:21

It would be nice to know what the cash burn is and then we could work how long the £750k will last for.

They have an impressive management team and everything seems to be on track so dont understand why a few sells knocks the price down so much

[pinhead3] 15/11/2005 16:52

Probably because most of the £11m is made up of Intangible assets!
Very easy to write down to next to nothing on reappraisal.

Without any money coming in the cash position can only go down.

I suspect something has got out from the company & it's bad news.

Still too early to buy in, wait & watch for turnaround.