Interactive Gaming Share Discussion Threads

[quinan] 28/4/2007 10:57

Morning all, I think some peeps may have taken T trades on the hope results would have been out by now unfortunately for them they are a little late, hence the selling of late.

Looking at the visits to PremierBet.com they are competing well with similar stocks, so one would assume things are moving along nicely.




www.PremierBet.com
Estimate 57,300 visits in the previous 30 days.
www.betshop.com
Estimate 78,100 visits in the previous 30 days.
www.betshopitalia.com
Estimate 55,100 visits in the previous 30 days.
casinoclub.com
Estimate 66,900 visits in the previous 30 days.
casinoclub-poker.com
Estimate 62,000 visits in the previous 30 days.

[senator] 27/4/2007 17:18

I am also in at 4.7 so sat on a fairly lage % loss...the spread never helps either.

Bought on the presumption of decent results but had not expected them to take so long after the auditors had been in. We are the same bunch in LNG which is slowly eating away at my profits but, again, I am confident that this is a temporary downturn and any decent news from the company will the price restored and surpassing the 22p resistence we experienced.

While I am not as heavily invested in IGH as LNG, I am confident of a decent turnaround towards the end of next month...just did not want to have to wait so long!

Regards

Senator

[woofy4] 27/4/2007 15:11

I got some at 3.7 and 4.7 so I could be happier .... would get some more but the amount of red on my portfolio looks like something from a b rated slasher movie at the moment

[rcktmn] 27/4/2007 14:39

I'm still in... painfully watching & waiting.. I got in at 5.5p so not happy at the moment.

[quinan] 27/4/2007 14:26

LOL woof, well 3 trades have gone through, so I know it was not me topping up so unless you brought the last 160k then yes we are????? I think we will see a little more action once the results are out, peeps getting board waiting but it gives us a good op to get some more cheap.

[woofy4] 27/4/2007 14:21

quin are u and I the only peopel left here

[quinan] 27/4/2007 13:28

Looks like more EU states are falling in line with the EU ruling good news.

24.04.2007 Hungary to Open up for Expansion Last year the European Commission suggested that Hungary should make its sportsbetting market available for other EU states. This offer was brought up by the necessity to provide free movement of goods and services. Now Szerencsejáték Zrt, the state gambling company in Hungary, has announced a public bid for information technology equipment in order to make the expansion of the company's online gambling services possible.

[quinan] 27/4/2007 11:20

Morning all, very encouraging about the mobile side of things.

Published: Friday, April 27, 2007 Online-Casinos.com

MILLIONS OF ONLINE GAMBLERS BY 2020 RESEARCH COMPANY PREDICTS

40 million have played online to date, says iReach

One of the more interesting statistical reports out this week was published in Ireland's Silicon Republic, which recorded that research company iReach has found that online gambling to date has attracted 40 million users worldwide, a number that is likely to quadruple by 2020.

"The proliferation of new technologies has certainly helped shape a once embryonic marketplace with access to online gambling and gaming sites now aided through broadband internet, WAP technology and interactive television" said Ara Cho, business analyst with iReach.

iReach estimates that there are approximately 340 000 Irish users who gamble online, making the continued profitability in that region highly likely. Irish betting companies with Internet operations, such as Paddy Power have prospered and in 2006 the company's turnover based on internet gambling increased by 44 percent.

According to Section 33 of the Betting Act, 1931, it is illegal under Irish law for an Irish resident to place a bet with an agent operating outside the Irish State but this is nearly impossible to enforce and implement, iReach says.

Neil Brennan of iReach said that 4.5 percent of mobile users worldwide now use their phones to gamble. Although the market for mobile gambling in Ireland is not very large at the moment it will surely grow, with operators such as Paddy Power using software with java applets to allow users to place bets from their phone.

Juniper Research predicted that by 2011 revenue from mobile gambling will have exceeded that of profits from music downloads.

[quinan] 24/4/2007 13:09

Afternoon all just highlighted this from this recent article all looks promising

Mobile gambling is one of the strongest growth markets because of its unique positioning at the intersection of the mobile telecommunications, media and entertainment industries. According to leading analyst house Juniper Research, the sector is expected to grow from nearly $2 billion in revenues in 2006, to greater than $23 billion in 2011.


Published: Tuesday, April 24, 2007 Online-Casinos.com
MICROGAMING MOBILE GOES TO SPAIN

Palace group mobile gambling subsidiary Zero36 expands

Zero36, the Palace online gambling group subsidiary powered by Microgaming and involved in the mobile gambling sector has announced the launch of its Spanish mobile casino service.

Zero36 Spanish Casino Games are now available for direct download either through the Spanish Zero36 website or through Zero36's Spanish WAP site when using any mobile Internet browser.

Zero36 "Play for Fun" games are additionally available for download through Movistar emoción (Telefonica) following the recently signed distribution contract between Telefonica (Spain) and Zero36.

With this latest expansion, Zero36 now offers a range of games in both English and Spanish, including Black-Jack, European Roulette, Video-Poker, various three and five reeled Slot-Machines, Scratch-Card and two additional progressive-jackpot games, all using Microgaming's Jackpot Network system.

Mobile gambling is one of the strongest growth markets because of its unique positioning at the intersection of the mobile telecommunications, media and entertainment industries. According to leading analyst house Juniper Research, the sector is expected to grow from nearly $2 billion in revenues in 2006, to greater than $23 billion in 2011.

Zero36 recently announced the development of a Location-Based Filtering System for use with mobile applications, enabling legal mobile access to mobile gambling and betting applications according to the user's geographic location.

Zero36 is currently exploring licensing options for mobile gambling operations throughout Spain's different regions, which have different gambling-related laws. Zero36's Location-Based Filtering System will enable legal mobile gambling according to the specific laws of the region where a mobile phone user is located.

[jailbird] 23/4/2007 08:22

thanks for the info regarding results...so end of NEXT month..

[lng2u] 20/4/2007 16:45

DYOR

TGI Friday.

[quinan] 20/4/2007 16:14

Also we know the market works of forward earnings if IGH are pushing profit of £300,000+ Q3 2006 and the forward statement is positive with estimates of full year profit for 2007 at around £700,000 to £1mln then the share price is very low. With most company's working off a 10X earnings which IMHO is still low then the share price should be around 8p if we say 20X earnings then 16p so they will hit the level to convert any loan stock

[senator] 20/4/2007 16:14

The day before LNG delivered bumper results the stock was wavering and losing ground. Once results were in the public domain...the stock reacted...need I say more.

A holder of both stocks and happy to be holding right now. If you feel uneasy about holding then FTSE100 is where you money should...slow but more secure!

[jailbird] 20/4/2007 15:54

hang just read the last para...well i do not think it has ever been 15p so not converted yet...correct?

[quinan] 20/4/2007 15:53

jailbird I won't be moaning if they want to convert any remaining loan stock @ 15p or above?

[jailbird] 20/4/2007 15:38

thanks quinan,

i like to think and to be more conservative that margins will be a bit lower
because of the world cup..still Q3 and hopefully onwards they will be ebitda positive as stated previosuly by them in the interims..the other thing has this been converted yet and how much loan stock are we talking about here

Note 4 - Convertible debt



The convertible loan stock is convertible at the option of the holder at any
point up to 24th August 2008, at a conversion rate of #0.15 per one pence
ordinary share. The right to conversion shall be deemed to have been exercised
if the Company's share price has been at or above 15 pence for 60 consecutive
business days.

[quinan] 20/4/2007 15:30

jailbird this is my look at things.

Interim's were, £8.85mln turnover with £5mln of that coming from the world cup if we say they continue with the second half of the year with turnover of £3.85mln working on 8% margins it would equate to around £308,000 profit. Take out the loss from the first half we may still have a full year loss of £462,00 but IGH would now be profitable going forward, but this is not taking into account revenue from PremierBet and Heathorns casino so we may see increased revenue??

Ether way there seems to be an increase in revenue across the board in betting and casino, so I am looking to the forward statement from IGH to dictate the share price if they have turn a profit in Q3 as hinted at then even better.

[jailbird] 20/4/2007 15:03

Quinan,

have been reading your posts with interest..this is certainly an intersting one just like SBT and PRTY....not bought any yet...can anyone clrify

the world cup was a one off last year..but do we know JUST the world cup contributed to the interim results..this gives an idea what the 2nd could be.


full yr results could be any time from now really.

[quinan] 20/4/2007 14:55

LOL rcktmn look at the volume not what I would call running for the door, good buying opportunity V soon.

[rcktmn] 20/4/2007 14:52

not looking good is it... if this co. were going to release good results then it would not be marked down...indeed, I would expect a rally if anything... writing's on the wall with this one...

we're all doomed !

[rbonnier] 20/4/2007 14:40

Should be able to pick these up at 3.25/3.5p next week no problem.

[lng2u] 20/4/2007 13:07

RBoniier, thought you were the expert on MM games. Think you are wrong. But time will tell.

LOL. Heading north soon. MMs need stock. IMO.

[rbonnier] 20/4/2007 12:44

I dont think it is this is going to fall further imo 3.5p looks likely.

Level 2

1 v 2 next mm on 3.5p.

[lng2u] 20/4/2007 11:15

Rbonnier here is your chance to get in. Spread Narrowed.