Interactive Gaming Share Discussion Threads

[quinan] 20/4/2007 07:55

Morning all, more good news from the gaming sector.
Macao Sees New Gaming Boom in Q1

Macao's pillar gaming industry is seeing a new boom as the gaming receipts witnessed a 43.5-percent year-on-year rise in the first quarter of this year.
Statistics issued by the government-run Gaming Inspection and Coordination Bureau showed Thursday that the gross gaming and betting receipts, comprising casino games, horse and greyhound races and a string of lotteries, stood at 18.06 billion patacas (US$2.26 billion) in the quarter.
Casino business alone dedicated 99 percent of the industry's gross receipts between January and March, the figures showed.
The gaming industry's gross receipts saw a increase of 8.6 percent over the fourth quarter of 2006.
However, the betting amount, generated by greyhound, horse races and four types of lottery witnessed a year-on-year decrease of 29.8 percent in the season, standing at 1.69 billion patacas (US$211.25 million).
The betting amount of horse races and football lotteries, two traditional hot gamblings, saw a year-on-year drop of 27.3 percent and 36.7 percent respectively in the quarter.
In the casino sector, slot machines, branded the hungry tigers, saw a remarkable year-on-year rise of 72.2 percent in the gross receipts in the first three months.
Meanwhile, the share of slot machines in the local gaming market, in terms of gross receipts, rose from 3.4 percent in the first quarter of 2006 to 4.1 percent in the first three months of this year.
Baccarat, the hot card game, totaled 15.45 billion patacas (US$1.93 billion) in the gross receipts in the first quarter, seeing a year-on-year rise of 46.8 percent.
The Baccarat game generated 85.5 percent of the gaming industry 's total gross receipts in the season.
Most of the 18 games of luck offered by Macao's 25 casinos saw two-digit year-on-year growth in the first quarter, as Roulette, the traditional European game of luck, stood at the top with a 66-percent rate.
In the first season, the number of gaming tables rocketed to 2, 970, seeing a year-on-year rise of 79 percent.
The number of slot machines in the quarter also saw a huge year-on-year increase of 80 percent, standing at 7,349.
Macao's 25 casinos are currently run by four operators, with local czar Stanley Ho's Macao Gaming Company controlling 18, Hong Kong-based Galaxy group five, Las Vegas-based Venetian and Wynn one for each.
The local gaming and betting industry generated record gross receipts of 55.88 billion (US$6.985 billion) patacas in 2006, branding the city with a population of merely 500,000 the world leading gambling city.

[quinan] 19/4/2007 14:01

Cheers woofy for letting us know.

[woofy4] 19/4/2007 13:54

End of May lng2u just had email back from Johnny boy

[lng2u] 19/4/2007 10:48

RB, good job you do not have any to sell then isn't it? Stick to LNG.

Results could be in April or May (but not later). They are not late IMO. Something must be cooking.

Get your skates on.

If you buy for the right reasons, it does not matter what the spread is at the moment. This will only narrow in time.

[woofy4] 19/4/2007 10:04

Results due end of may

[rbonnier] 19/4/2007 08:36

Spread on this is awful the results are very late and the stock has already had a good run.Thought about buying but these facts are putting me off.

[multisync 5] 17/4/2007 15:31

Thanks, Senator.

In addition, there was also a placing @ 9p for the transaction below. If it has gone to plan and we are profitable on results and outlook, these could be heading for 14p and beyond. DYOR, IMHO.

RNS Number:7799J
Interactive Gaming Holdings PLC
15 March 2005


15 March 2005

Interactive Gaming Holdings plc

Acquisition of Heathorns International Ltd for total consideration of #755,000
and
Placing of 17,800,000 Ordinary Shares at 9 pence per share

[woofy4] 17/4/2007 11:49

Good point senator ..... forgot bookies only pay on normal time and in all honesty gold cup and national both fovoured bookies from a profit point of view .... nice post quin ... thx

[quinan] 17/4/2007 11:05

Very encouraging

Published: Tuesday, April 17, 2007 Online-Casinos.com

INVESTORS CAN FIND REAL, UNDER-VALUED GEMS IN ONLINE GAMBLING

Investment expert sounds a positive note on some industry stocks

Investment manager Rupert Morell believes that online gambling stocks are undervalued following the controversy over online gambling last year, when the US Congress outlawed credit-card and money-transfer companies from accepting payments to gambling websites.

And he intends to do something about it, according to Citywire which quoits the head of Premier's GBP 13 million European Growth Fund as saying: "No-one is in this sector any more, since everyone said 'that's it for on-line gambling' last October. But there are real under-valued gems here."

The 13 million pound European Growth Fund has enjoyed a strong performance since Morrell took over in June 2005, but has only matched the average manager in the IMA Europe ex-UK sector over the past year due to poor market timing and stock ideas, especially in Eastern Europe.

He intends to improve the Fund's position by getting into Austrian company Bwin Interactive and Swedish on-line gaming company Unibet. Morrell told Citywire that his choices have no exposure to the US and have impressive valuations following the global sell-off. Although Unibet has one million active customers across Europe, it is trading on a price-earnings ratio of nine. It also has a 7 percent dividend yield.

The gaming stocks fit into the large 43.77 percent 'other' weighting of the fund, which is made up of an eclectic range of stocks favoured by Morrell such as Semapa, a Portuguese cement producer that has a 68 percent stake in pulp and paper manufacturer Portugal. He also has several alternative energy stocks.

All of the stocks are in 'old' Europe following what Morrell terms a 'poorly timed' move into Eastern Europe last year, one of the main detractors from his performance in 2006.

He bought Hungarian bank OTP following the drop in markets in the spring of last year as he expected emerging markets to recover quickly from the correction. The stock took too long to recover however and he had to sell as he must cut any position that loses more than 15 percent under his mandate. OTP bounced back 50 percent shortly after he had sold it later in the year.

He said: "The experience showed me that my skill set is in mainland Europe. That's where I have stayed since and have found some stocks like Austrian Airlines have done well and actually turned our performance around in the second half of the year."

Morell took over in 2005, having previously run hedge funds through his own company, and has introduced more aggressive hedge fund style techniques to the fund, which has a two-tier investment strategy: 70 percent consists of a core basket of ideas and 30 percent is made up of a short-term trading element that provides the majority of the fund's alpha.

[senator] 16/4/2007 21:29

Chelsea won in extra time. All bets cover 90 minutes unless stipulated. I was on for an 8 accumulator and had 7 in the bag. Chelsea let me down by drawing in normal time.

Just wanted to put the record straight...Chealsea drawing in normal time would have bagged the bookies a small fortune!!

[lng2u] 16/4/2007 16:40

Woofy, type in premierbet.com/premierbet. And let me know your thoughts.

Just click below. Pay particular attention to yesterday's reading.

[woofy4] 16/4/2007 16:37

anyone looked at the link and type in premierbet .... let me know your thoughts

[quinan] 16/4/2007 14:20

Yep multi, looking good, just need results to confirm things are moving ahead nicely and we will be away.

[multisync 5] 16/4/2007 09:29

Still warming up over here.

[lord santafe] 13/4/2007 16:04

Well I am keeping these shares since I just had approval for a loan with HSBC bank.

[quinan] 13/4/2007 11:56

Morning all, Just had a reply from John Heaton regarding their web site he has asked their web designers to have a look at it and put in the necessary fix.

[woofy4] 12/4/2007 23:35

well good luck LNG2U but the bint told me May ... give her a bell

[graylyn] 12/4/2007 21:29

I see last year results were out 24th March, so any time now I suppose??

[lng2u] 12/4/2007 20:13

Results are in April. Not May!!

[graylyn] 12/4/2007 18:57

LNG2U - 12 Apr'07 - 16:07 - 137 of 139

Hi, I will decide that when the results have been realised, If it looks good going forward then I may add, and would not sell If that were the case, will have to see.

[woofy4] 12/4/2007 17:19

FYI ... just spoken to lady by the name of Emma who will get IT to look in to web page problem and believes results will be relased in May but doesnt have a firm date ... anyone else hears anything please let me know

[quinan] 12/4/2007 16:19

Hi gray yep seen your VML doing nicely lets hope we get some positive news here soon and the same can happen.

Woof yes having the same prob I have sent them an e mail will let you know if I get a response.

[lng2u] 12/4/2007 16:07

It would, the question Graylyn is are you in short term or medium/long term for the big one, i.e. over 25p a share?