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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Global Market | LSE:GMC | London | Ordinary Share | KYG3927E1145 | ORD USD0.0002 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 50.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Gaming Corporation PLC Gaming Corporation PLC Monday 27th June 2005 Trading Statement Gaming Corporation plc ("Gaming Corp" or "the Company"), the number 1 gaming portal operator and owner of both www.gambling.com and www.casino.co.uk, today provides an update on recent trading. Gambling.com Recently acquired Gambling.com has already made a strong contribution to Group profitability in its first full month as a wholly owned subsidiary of the Group, generating net income of £105,000 in May, ahead of management's budgets. Integration of the Gambling.com business is progressing very well and we expect continued growth, synergies and the benefits of cost savings to make significant improvements in the profitability of this business going forward. Orange mobile gaming business The recently launched mobile gaming business is already starting to show very encouraging results with over a thousand registered players in the first few weeks of operation. New player registrations, deposits and revenues have increased substantially over the past week as Orange has increased the marketing coverage and moved out of the "soft launch" phase. Gaming Corp has first mover advantage in this exciting sector and is in ongoing negotiations with other major mobile network operators with a view to launching additional mobile gaming services. The games can now be accessed from the Orange World home page by clicking the "Fun" channel and then clicking the recently launched "Gambling" channel. Casino.co.uk and Gaming Operations Casino.co.uk has grown considerably during the year recording over 4 million unique visitors in May 2005 an increase from 3 Million in March. This growth in traffic has contributed to both higher cost per click advertising revenue and increased business in our proprietary Casino, instant win and skill gaming businesses. We are in ongoing negotiations with software suppliers with a view to increasing margins and the range of Gaming products that we offer. Justin Drummond, Chief Executive, commenting on recent trading, "Gaming Corp has made significant progress since the start of 2005 and now has a very cash generative business. The Company has reached critical mass and is in a leading position in the Gaming portal market". For further information contact: Damion Greef, Communications Director, 07736 381 030 Trevor Phillips, Holborn PR, 020 7929 5599 Justin Drummond, Chief Executive, 020 7618 9000 Jason Drummond, Chairman, 020 7618 9000
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