Interactive Gaming Share Discussion Threads

[lng2u] 30/3/2007 14:00

Just bought 25k right now. IGH looks interesting. Still researching it. And looks like I will be adding.

[quinan] 30/3/2007 13:50

Well it looks to me like the market is short only being offer 5k buy limit.

[quinan] 30/3/2007 12:01

RK there was not much in the way of money traded yesterday but previous days buys out weight sells so IMHO the MM's are looking for stock hence the rise, no one was will to sell so the MM's keep fishing until they get some sellers.

I only got in yesterday but like the look of IGH if results show any move into a profit with a good forward statement about trading this will move PDQ.

[rkjones] 30/3/2007 11:56

BUT, Why the rise yesterday???

Anybody any suggestions?

[quinan] 30/3/2007 11:24

Just had this reply regarding results

Martin,



We have the auditors in at present. Final results will be a little later this year though I do not have a date as yet.



Regards



John Heaton

CEO

Interactive Gaming Holdings plc

14-18 Heddon Street

London

W1B 4DA

[quinan] 30/3/2007 10:30

Just some interesting links and articles, I like this one and highlighted the bit about Mobile-phone betting.

Centrebet to begin mobile phone gambling
August 31, 2006

Mobile-phone betting is expected to be the fastest growing sector of the online wagering and gaming market, particularly in Europe.

[quinan] 30/3/2007 08:10

And a bit more, all looks good to me, Note the bit about Europe, where Citadel predicts a huge growth.

Citadel Focuses On the European Online Gambling Growing Market
Onlinecasino.org News | 29.03.2007 | 15:56:04 | Views: 61 | Casino News
The online gambling industry has experienced troubles in the American market since the passing of the Unlawful Internet gambling Enforcement Act, which has spurred investment firm, Citadel, to focus on gaming markets outside of the US.
ESI Entertainment Systems Inc. (ESI), parent company of online gambling payment processor, Citadel Commerce, which is based in Canada, and its subsidiary, Payline, plans to expand its UK operations by moving related intellectual property to Malta.

Since the gambling act was signed into law in October, Citadel stopped processing US customers' money. Company shares lost almost 90 percent of their value, and have not recovered.

The industry is finally beginning to look positive as many businesses have the advantage of mobility: their market remains online, whether from the US or Europe, where Citadel predicts a huge growth.

Citadel's primary data centre will also relocate, and Tony Greening will be taking over Mark Bains role as CFO. The call centre, in Costa Rica has already been enhanced for increased operational duties and local accounting capability.

Parent company ESI is not known for huge investment in dead runners, and shares on the Toronto Stock Exchange look cheap.

[thepinkpanther] 29/3/2007 16:27

the whole sector is showing that the growth is there, started by spo, sbt, prty, lng, a chain reaction

igh penetrated these markets some time back, especially the asian mkt which they say is potentially the biggest in the world and they also did not touch usa, showing their initiative

personally, one of my preferred choices in this sector, as they have other attributes over some of their competitors, pretty shrewd ie usa, growth due to their size and business model, their market penetration ie asia, europe, links with those areas ie the companies they have deals with, etc, etc and most of all their market cap.

anyway, just a view

DYOR.

cumalitive volume 510,000 approx. thus far

[thepinkpanther] 29/3/2007 16:13

when the time was right!

[quinan] 29/3/2007 16:07

Looks like the cats out the bag now with the 34% rise??

[thepinkpanther] 29/3/2007 15:58

looks as though the pros have been buying over the last few months, if u trail the trades u'll see the large buys that have gone thru circa 3p ie 250,000, 300,000 etc........

[rkjones] 29/3/2007 15:45

Hurry!! The train is now leaving!!

Its like a nostalgia trip!!

Seatbelts on. The rocket is about to take off!

Can't think of anymore right now!

[multisync 5] 29/3/2007 15:28

Looks like someone was robbed at 3p.

Fill Ya boots (to borrow a phrase)

[quinan] 29/3/2007 14:18

Well I am still researching IGH so far it all looks very positive to me what did get my interest was the mobile gambling aspect.

Just some stuff.

The mobile gambling market is poised for rapid expansion as gambling operators develop their remote operations. Companies in the m-gambling valuechain are positioning themselves and vision gain believes mobile gambling will begin in earnest in Q2 2006.

The number of gamblers who use mobile devices to gamble is currently small.This is because of the presence of a limited number of gambling operators offering this particular channel to their customers, and also because of the small number of devices that are suited for mobile gambling activities. This is, however, expected to change as regulatory, technical and other challenges are gradually overcome. As these are resolved, gambling operators are expected to begin actively marketing mobile gambling to their customers,starting in the middle of 2006.
http://www.mindbranch.com/Mobile-Gambling-Identifying-R155-
147/

Prospects for the development of the global mobile gambling market remain strong, despite the strengthening of legal barriers to its development in the USA says Juniper Research. In new forecasts for the mobile gambling market, Juniper Research predicts that the global market for all forms of mobile gambling (casinos, lotteries and sports betting) will grow from $1.35 billion in 2006 to $16.6 billion by 2011 in terms of gross value of bets placed.

Hampshire, UK (PRWEB) January 15, 2007 -- Prospects for the development of the global mobile gambling market remain strong, despite the strengthening of legal barriers to its development in the USA says Juniper Research. In new forecasts for the mobile gambling market, Juniper Research predicts that the global market for all forms of mobile gambling (casinos, lotteries and sports betting) will grow from $1.35 billion in 2006 to $16.6 billion by 2011 in terms of gross value of bets placed.

Author, Bruce Gibson commented: "Juniper Research published its last full report on mobile gambling in June 2006. Following the tightening of legal barriers to all forms of online gambling in the USA we decided to revisit our market forecasts as clearly the environment had changed. The new forecasts confirm that there is still great potential for mobile gambling services where legislation permits. However, we have certainly dramatically cut back forecasts for the development of the North American market."

the downgrading of forecasts for the North American market increases the focus on the key markets of Europe and Asia Pacific. These two markets are now expected to contribute over 80% of the value of bets placed through to 2011.
Europe is currently seen to be the largest market for mobile gambling, with an estimated $665 million in bets placed in 2006. However, it is forecast to be overtaken by the rapidly expanding Asia Pacific market by 2008. The Asian market is expected to reach over $6.7 billion by 2011, in terms of value of bets placed. Bruce Gibson goes on to say: "the downgrading of forecasts for the North American market increases the focus on the key markets of Europe and Asia Pacific. These two markets are now expected to contribute over 80% of the value of bets placed through to 2011."

Sports betting is currently estimated to be the largest sector in mobile gambling, opening up a valuable additional channel to existing gamblers as well as creating opportunities in new markets. Lotteries currently represents the second largest sector, but is forecast to take the top spot by 2010 as lotteries and related games, such as bingo, exploit the mass market mobile channel.

[rkjones] 29/3/2007 14:07

My bet. Results out tomorrow. Will be good. Results have leaked - unless someone else can suggest a reason for todays spike?

[quinan] 29/3/2007 13:36

Looks like I got in at the right time today?

[multisync 5] 29/3/2007 13:12

I suspect tax on UK revenue and not Non-Uk revenue. Same as WHill and LAD DYOR. IMHO

Lets see what the figures say soon.

------------

Premierbet geographic users currently, 38% UK and 62% Non-UK.

Premierbet.com users come from these countries: source alexa.

United Kingdom 37.7%
Australia 11.7%
New Zealand 7.8%
Singapore 6.5%
Cyprus 6.5%
Greece 5.2%
Germany 3.9%
Vietnam 2.6%
Sweden 2.6%
France 2.6%
Poland 2.6%
Turkey 1.3%
Croatia 1.3%
Czech Republic 1.3%
Ireland 1.3%
India 1.3%
Israel 1.3%
Sri Lanka 1.3%

[quinan] 29/3/2007 12:47

5dally,IGH can off set any profit against its loss over 6 years so I don't think they will be paying Tax yet, if they do then I would be very happy?

It was inevitable that GB would be taxing the gaming sector 15% is quite high but if you look at the Italian taxation they tax on turnover, so I would say we got of lightly? Just my thoughts.

[5dally] 29/3/2007 12:30

Surley these will be affected by Gordens taxation or not,,,,,anyone thoughts please

[quinan] 29/3/2007 12:15

Hi multi looking at the market IGH are in I am surprised at the Market Cap, the resent agreements gives them reach across Europe and Asia, if they move into profit then it will take the market by surprise, and 10p is possible that would still only give them a MC of £8.2mln. Compared to the sector which is growing rapidly this could be a nice little earner.

[multisync 5] 29/3/2007 11:59

Results any day now. These could be heading back to 10p and beyond very soon (probably in weeks). Not participated in sector re-rating. Plus IGH never even had a US business to begin with, but appears to have been tainted with the same brush, sending the shares down c80%

IGH did over £5m over the worldcup alone. Cashflow +ve now, 2007 and beyond.

Lots have been achieved in the last 12-18 months, including the implementation of the ORBIS system, the new CEO and several white Label agreements signed in H2 2006.

ORBIS is just being adopted by SPO (announced today). Its already been implemented at IGH.

Will take the market by surprise, IMHO.

DYOR.

[quinan] 29/3/2007 11:46

Hi all been looking at IGH today and just taken a small punt with that 30k, very interesting with the Mobile betting side of things. Market expect it to grow to over $16bln by 2011, anyway I await the results if as they say IGH are to turn a profit by Q3 then this will look V cheap, here's hoping for good results. If this is any think like LNG then we could be in for a good ride?

[thepinkpanther] 23/3/2007 08:48

leisure and gaming have turned up very strongly after results

there appears to be a pattern of correction throughout the gaming industry recently, but then it's not surprising as this industry has been around and money making for centuries.

[thepinkpanther] 20/3/2007 10:33

duplicated.