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New Media Share Discussion Threads
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|Can still buy at 2.59p online - deceiving quoted spread!|
|There's the results - massive increase in Net Debt.
Next step ????|
|Come on - whats the news then ??|
|LOL - showing a tick up, but can still buy online at 2.505p!
Still awaiting big sell to show.|
|No big sells yet reported - no RNS with bad news.
Anyone heard anything ??|
|Not looking good - online 2.50/2.51 !!|
|i guess it's not good news then?|
|hearing that some news may be on the horizon|
|this thread is active! NOT!|
|roll on some news ! looking quite steady here though|
|either way think you may be right lol ! looking forward to some news flow|
|I was wondering when a thread was coming, well done.
On my watch list, if it goes up I may buy, if it goes down I may buy !!! lol|
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New Media Lottery Statement re First Day of Dealing On AIM
New Media Lottery Services
NEW MEDIA LOTTERY SERVICES
FIRST DAY OF DEALING ON AIM
New Media Lottery Services plc ("NMLS" or "the Company" or "The Group"), a
provider of white label new media lottery game solutions to charities and other
lottery licence holders outside of the U.S.A., is pleased to announce that the
Company's ordinary shares ("Ordinary Shares") have today been admitted to
trading on the AIM market ("AIM") of the London Stock Exchange plc. The
Company's ticker is "NMLS".
The placing ("Placing") was priced at 50 pence per share ("Placing Price") and
comprised 3,672,572 new ordinary shares. The new ordinary shares represent 14.96
per cent of the enlarged share capital. Immediately after Admission, the Company
has 24,550,000 ordinary shares in issue and a market capitalisation, at the
placing price, of GBP 12.275 million.
The definitions of the terms used in this release are included in the
prospectus, which was published today and is available at the offices of
Zimmerman Adams International Limited, New Broad Street House, 35 New Broad
Street, London EC2M 1NH. Zimmerman Adams International Limited is the Company's
Nominated Adviser and broker.
NOTES TO EDITORS
NMLS supplies and operates lottery games that are played on the Internet for
lottery operators and charities and intends to develop its software for use on
other new media platforms, including mobile telephones and interactive
televisions. It enters into long-term agreements, with its clients to provide
services in return for a percentage of the lottery's net sales and currently
operates lottery systems for three clients, including Rehab Net Games Limited in
Ireland, and has entered into contracts with two additional bodies to provide
services in the future. The Group also intends to design and distribute games
for use on other hardware platforms for licence fees and has a contract with
Inspired Broadcast Networks to deliver games for use on their video terminals.
When implementing a contract, the Group intends to:
-- analyse the local gaming environment, including the client's operations,
business practices and the gaming preferences of the market;
-- design, install, operate, host and maintain the internet lottery systems. It
intends to develop its systems for use on wireless devices and interactive
TV. These systems are designed to be efficient to manage and cost effective
for the client;
-- work with the client to design and implement marketing strategies which
encompass traditional advertising media, public relations and co-promotional
campaigns and banner advertising aimed at enhancing ticket sales and
increasing the net proceeds an organisation generates from its lottery. In
the Group's experience a CLO can benefit from advantageous discounts to
media rate cards and the Group will work with the client to negotiate
optimal purchasing strategies; and
-- design or purchase games and formats to appeal to the local market, promote
player retention, attract new players and increase prize money in order to
increase interest in the lottery, thereby increasing ticket sales and
drawing additional attention to the charitable cause.
The Global Lottery Market
Lotteries are typically government licensed fundraising organisations. National
and local governments throughout the world seek to supplement public
taxation-based funding for particular public purposes such as education, sports,
humanitarian services or economic development through alternative means such as
issue-specific lotteries. In many jurisdictions, governments grant lottery
licences to charitable lottery organisations (CLOs) to provide additional
funding for these important social programmes. These are typically the Group's
target clients. The Group's business is not dependent upon being awarded any
such licences itself.
The global lottery market is large. Total world lottery sales in 2004 are
estimated at $187 billion (source: La Fleur's 2005 world lottery almanac), with
approximately 200 lotteries reporting. Europe has the biggest share of the
global market at $94bn (50 per cent) with North America accounting for another
$54bn (28 per cent). Asia and Latin America account for 16.5 per cent and 1.6
per cent respectively.
The global lottery market measured in terms of gross win market is estimated to
be worth $73.5bn*. Gross win means the net revenue that the lottery receives
after paying out winnings to players.
The Group segments the lottery market into two primary areas. Tier 1 comprises
national lottery licence holders (such as the UK National Lottery). Tier 2
comprises regional government licensed lotteries and licensed lotteries, often
run for or on behalf of charities (CLOs).
The market for the supply of systems to the Tier 1 licence holders is extremely
competitive and dominated by large companies such as GTECH Corporation and
Scientific Games Corporation. These companies generally invest substantial
capital in land-based games and dedicated equipment, including print facilities
to produce instant "scratch" tickets, sales terminals for lottery games and
video lottery terminals.
While the rate of growth in the overall lottery market is expected to slow
(forecasts indicate that the net win for the industry will rise to $77.5bn by
2008*) the online lottery market is expected to show strong growth. The world
online lottery market* represents 8 per cent of the online gaming market with a
gross win in 2004 of $736 million. It is expected to grow to 11 per cent of the
online gaming market* by 2008. With the online gaming market* itself expected to
almost double in size to $18bn by 2008, online lotteries are expected to have a
gross win of $1.98bn, representing a more than doubling of the online lottery
market size between 2004 and 2008 (*source: Global Betting and Gaming
Consultants, March 2005]).
Products, Services & Technology
The Group's lottery systems can be operated through a central platform designed
to be re-branded for each individual client. Individual staff members are
allocated to liaise with CLO personnel concerning client operations, including
specialists dedicated to website operation, marketing, and product offerings and
customer service representatives who can service and maintain the system.
A client lottery website is hosted on local servers which are designed to
service a high number of users simultaneously and to provide a high level of
security on a 24/7 basis. Central computer installations in Calgary, Canada
include redundant computers, various peripheral devices (such as magnetic
storage devices), and safety, environmental control and security subsystems
(including redundant power supply systems). The software is designed to provide
rapid processing, a high degree of security and redundancy to guard against
unauthorised access and tampering and to ensure continuity of operations without
data loss. Avoiding website downtime is essential both to the Group's reputation
and to the client's ability to maximise their revenues. The Group is responsible
for monitoring and maintaining the websites and servers on a 24/7 basis to
minimise the possibility of downtime or loss of service. Players can register on
clients' websites in confidence, deposit funds in a safe and secure manner and
begin playing games shortly after acknowledgement of registration by the lottery
operator. Financial transactions are executed behind firewalls using encryption
The Group intends to expand the distribution of various games to include access
via wireless and mobile telephones and other new media. Once a lottery has
achieved certain operating parameters, the Group intends to identify and obtain
the services of local telephone/wireless companies and establish working
protocols to provide private and secure access to the client's lottery games.
Players would then have access to a wide range of games developed specifically
for these devices and be able to play anywhere within the relevant service
coverage area. The Directors believe that wireless games will be of particular
appeal to young adult players who have integrated these technologies into their
everyday lives and that adding new devices will generate new revenue streams.
The Group also intends to introduce new game formats such as bingo and video
lottery games, casino slot and video terminal games. The Directors intend to
market this product line as a substitute for casino gaming to attract
traditional casino players particularly in jurisdictions where casinos are
illegal. The Directors further believe that video lottery programmes have the
potential to become prominent on a number of wireless devices.
The Group operates a portal website called www.gelotto.com. Each client website,
dependent upon the gaming laws and regulations of the jurisdiction in which the
client is situated, can have a link to this portal, which provides links to
other clients' gaming sites. As the pass-through portal is further developed,
the Directors believe that it will: (i) be an efficient and cost effective means
of increasing prize amounts and building a player base (ii) lend credibility to
clients' operations because of their association with a professionally managed
organisation; and (iii) help develop corporate brand recognition and loyalty
amongst players. The Directors believe that the charity lottery concept could be
leveraged to obtain discounts on advertising packages. It is intended that these
programmes should serve to reduce operational and promotional costs.
For further information, please contact:
Shared Value Limited
Investor & Media Relations
Tel. +44 (0)20 7321 5010
New Media Lottery Services plc, trading through its wholly owned subsidiary New
Media Lottery Services (International) Limited, ("NMLS" or the "Company")
operates and markets a variety of lottery games for charities and other lottery
licence holders outside of the U.S.A. which were developed by its parent
company, New Media Lottery Services Inc.. These games include electronic
versions of popular lottery products such as instant scratch, keno and bingo,
which the Company intends to develop on a variety of platforms including
personal computers, mobile phones and Internet kiosks. The Company and NMLS Inc.
develop long term contracts with international clients and currently provide
services to organisations in Ireland, the UK and Belize, and Brazil and
THIS ANNOUNCEMENT IS BEING MADE ONLY TO THOSE PERSONS TO WHOM ARTICLE 47(2) OF
THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005
APPLIES (PERSONS IN THE BUSINESS OF DISSEMINATING INFORMATION) AND IS NOT FOR
ISSUE, PUBLICATION OR DISTRIBUTION IN OR INTO ANY JURISDICTION OUTSIDE THE
UNITED KINGDOM AND WITHOUT LIMITATION TO THE GENERALITY OF THE FOREGOING IS NOT
FOR ISSUE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA,
CANADA, AUSTRALIA, THE REPUBIC OF IRELAND OR JAPAN.
THIS ANNOUNCEMENT SHALL NOT AND NO PART OF IT SHALL CONSTITUTE OR FORM PART OF
ANY OFFER FOR SALE OF OR SUBSCRIPTION FOR ANY SECURITIES OR ANY SOLICITATION OF
ANY SUCH OFFER NOR SHALL IT, OR ANY PART OF IT, FORM THE BASIS OF OR BE RELIED
UPON IN CONNECTION WITH ANY CONTRACT OR COMMITMENT WHATSOEVER.
THE SECURITIES THE COMPANY INTENDS TO FLOAT ON THE AIM MARKET OF THE LONDON
STOCK EXCHANGE HAVE NOT BEEN REGISTERED UNDER THE US SECURITIES ACT OF 1933, AS
AMENDED (THE "ACT"), AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A
U.S. PERSON ABSENT REGISTRATION UNDER THE ACT OR AN APPLICABLE EXEMPTION FROM
THE REGISTRATION REQUIREMENTS OF THE ACT.
THE COMPANY DOES NOT INTEND TO OFFER OR SELL ANY OF THE SECURITIES BEING FLOATED
ON THE AIM MARKET, OR OTHERWISE ENDORSE A MARKET FOR SUCH SECURITIES IN, THE
|Check this out !
one to put on the radar !
NMLS.L interesting prospect acting well since listing on friday, looks to have good upside imho
article put out in december below
New Media Lottery Solutions is worth a punt
New Media Lottery Services - Worth a punt
Background - As the online gaming industry declines in popularity in the City and investors consciously move away from an overheated sector, a bunch of brave Americans have arrived in London, hoping to raise US$15 million to fund their latest idea - New Media Lottery Services*. It is important at this stage, not to confuse the two - lottery and gambling classify as two separate industries, one more riskier than the other. While your old lady in Rochdale would stay as far away as she can from online poker, she is probably UK National Lottery's most faithful customer. New Media Lottery Services believes that it is time for 'lotteries to go high tech' and the team has spent the last four years working on an upgrade and improvisation of the traditional land based national lottery systems. With a strong management team on board, the group has run pilot projects in different countries and is looking to raise money to pursue an aggressive roll out program. The objective is to claim first stake in a extremely niche sector. If Zimmerman Adams International, a new broking firm set up by a breakaway team from Teathers manages to raise the intended amount, we believe that the group will be capitalised at around US$38 or £20 million.
Operations - It is perhaps worth explaining how the traditional land based lottery system works. While Tier 1 lotteries are run by the state and have legal recognition, government support and funding, Tier 2 lotteries are run by charities or sports organisations and are often neglected. NMLS believes there is opportunity to create an 'off the shelf', white label solution which modernises this system attracting more users, pushing sales and earnings ahead. NMLS typically enters into a revenue share agreement with the government or the charity that runs the lottery system and agrees to package and re-brand the existing games. The directors have spent the last four year creating and testing the effectiveness of a proprietary internet based software platform that can support online lottery operations and supply a library of digital lottery games. The target audience this time, is, unusually, women. Bingo, lottery and video slots, the three focus areas of the business typically attracts women who prefer to play non-competitive games. Having spent over US$5.3 million over the last four years, the business now has a tried and tested product ready to hit the markets.
New Media has worked with three successful projects. Using CEO John Carson's contacts in , the business entered into an agreement with Rehab and Rehab . Rehab is an independent non profit organisation which signed a contract with NMLS in September 2001 to develop, manage and operate lottery games for internet and mobile phones for the next 10 years. The group recently launched Rehab Bingo. In the , NMLS has signed a 10 year contract with the charity to provide similar services. In , one of the bigger gaming markets, the company has entered into a joint venture and has licences in the states of Para and Santa Catarina. NMLS is to launch an aggressive marketing campaign in January 2006. And projects are being planned for , the Guatemalan Pediatric Foundation, ROK Entertainment and Inspired Broadcast Networks in the .
Business Development - An agreement is signed usually with the state owner of the licence, and once signed, the contract lasts anywhere between 5 - 10 years. NMLS has budgeted to spend up to a US$1 million on marketing and launching a new project. State licence owners are usually more open to signing contracts with developers who agree to take on the marketing costs. The cost of acquisition per user is much lesser compared to online casino and gambling sites as the state gets concessions on media spend and usually has a larger following throughout the country. NMLS expects each project to start delivering anywhere between 6 -10 months after launch, following which the project is basically cash flow positive. Monthly overheads at New Media currently run at US$150,000 and will eventually go up when the business recruits more support staff. To kick start its aggressive marketing program, New Media needs around US$5 million to fund working capital requirements. It intends to splash out on US$3 million on a marketing launch for its three existing contracts. US$2 million will be spent on existing contracts which should start running in Spring 2006. The group already has a target list of clients who have approached NMLS to modernise the tier 2 lottery system in countries like , , , and .
Management - 60% of the equity is held by twin brothers and American property developers - Joseph and Milton Dresner. Both non-executive directors on the board, the brothers are locked in for the longer term. The two important names on the management team are John Carson and Lord Mancroft. Carson, CEO of NMLS has 18 years of experience working with the lottery industry. He has served with CGI Inc, a spin off from the lottery giant GTECH Corporation and Webcraft. While at Webcraft he was responsible for developing new markets and securing finance for ventures. He is responsible for bringing all of the licence agreements to New Media and is known for his extensive network of contacts. Mancroft is a member of the House of Lords and Chairman of Lotto . He has worked closely with the new gambling bill. Randolph Brownell III, COO and CFO was director of TreasureTrivia.
Investment Conclusion - The proposition looks perfect on paper and the idea sounds equally appealing and exciting. With fixed expenses per project and a guaranteed return on investment, operating risks are considerably low. The business should be concerned about competition, though once it signs 10 year agreements with the licencees, it should secure its position in this niche market. If the business raises the minimum, it should comfortably launch its three existing projects. Analysts are forecasting losses for the year to April 2006 but profits of US$1.7 in 2007 and US$16.9 in 2008. This puts the stock on a forward PE of 3.2 in 2008. Would we invest? We'd certainly prefer buying shares in NMLS than Empire Online or PartyGaming. The market is protected from problems that plague the gaming industry, like legislation and credit card laws. The team seem to have the experience to carry this project ahead and we believe it might just be worth a punt.|
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