The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Reading SG site we signed are deal in 2019 so a renewal should be on the horizon.
https://www.sgdigital.com/news/gaming-realms-signs-global-distribution-deal-with-scientific-games
Holland opened up there online gambling on Oct 1 gmr started making revenue with there SG contract on the 4th Oct
This share has to go upwards soon .
https://www.sgdigital.com/news/netherlands-national-lottery-live-with-scientific-games-openbet-sports-technology-and-opengaming-on-day-one-of-market-opening
We are not getting gmr games into West Virginia via SG contracts
https://www.sgdigital.com/news/golden-nugget-accelerates-igaming-and-sports-betting-expansion-with-scientific-games-opengaming-platform-and-openbet-sports-technology-and-content
...single figure trades today. Never quite understood that!
Pironi/Seattle
Agree entirely. Seeing it a lot with Rush Street also. Just par for the course and not worthy of RNSing.
Seattle, yep it has to be. Makes no sense at all that we are floundering at the current sp but the sector in general is struggling right now. Stateside anyway. Just using it as an opportunity to keep adding, when I can. This will come very good.
GLA.
Might be regulatory hoops to jump through for an RNS which would be a ball ache so has to be worth the hassle maybe.Quite a lot of these deals going on and if everyone is an RNS anything significant could be cheapened and missed.Keep seeing Slingo promoted on various TV ads.
If Financial Advisors decide what is worthy of a full RNS and not the company itself then could the company unilaterally use Reach instead? I'm not certain of the different criteria.
Well spotted . With quoted companies on AIM it is the financial advisors and not the Company that decide what is real news and what is just in the course of business and not significant to prepare an RNS .
The share must be a buy at these prices . Have a good weekend
Why does this company not post new, the below is another example of the long term revenue capability of this company and would add value to the share price for us the share holders .
I do not understand !!!!
www.gamingintelligence.com/products/casino/145657-gaming-realms-extends-deal-or-no-deal-licensing-agreement/ Gaming Realms has agreed a multi-year extension to its licensing agreement with content
I'm with you, would rather see how this plays out. We really need another year or two's revenue under our belts before we start demonstrating our true profit potential. Hopefully the seller has finished now so we can let normal progress resume. If we do get an offer, want it to be from a higher starting point than this, but the BOD will obviously know the company's worth and soon there will be Canada to add into revenue projections too. BetMGM estimate that a mature Canadian market could be worth $7 billion. They're expecting an 18% increase in the value of their stock if they get a 20% share of the market.
Thanks for the link Alocasia, Jim Ryan is indeed a heavyweight on many BoD's and the fact that he is on our board speaks volumes for A) our ambitions and B) for his faith in the business for him to accept a role in such a small operator . My heart says no takeover and lets see just how far we can go. But my head says that's probably not going to happen. However it goes it will be interesting and profitable!
Jim Ryan - one of GMR's North American non-execs who was also a non-exec at Gamesys - has now been appointed to the board of directors for Bally's (following their acquisition of Gamesys).
Interesting re our supply agreement and convertible loan with Gamesys/Bally's.
Bally's is on a long-term spending spree and according to this article from March, they're only just getting started.
https://www.legalsportsreport.com/49077/ballys-ma-spree-us-sports-betting/
Buyout could be imminent then?
I agree, my guess is a bid will turn up out of the blues , probably from a US gaming company .
We are cheap as is our currency. ( eg Morrison’s )
Can’t believe this sell off. Maybe Chris Ash is partly behind it, but the SP has dropped from 48p. With profits growing fast, it makes no sense. Have held and will continue to do so as there is no doubt that profits will continue to grow. The cheaper it gets, the more likely perhaps that someone will make a cheeky takeover offer.
Connecticut opens up to online gambling in a couple of days.
Could this be Chris Ash offloading due to the conflict of interest? He owned around 2 million shares at the time of his departure and there's been a couple of huge trades today.
I was wondering if Parliament had/has a committee meeting on Gambling Act 2005 review, but again can’t find anything.
there's a lot of blue but down
???? nothing has changed
Maybe after stop losses before next rise
I’ve just popped in a few more under 30p. Just checked LSE, few 50000 trades going through, but no news anywhere that I can find.
Hellish fall still going on and I've no idea why ....
What’s with the drop
£66,000 buy today. Someone is clearly confident.
Legal Connecticut sports betting is now live with the opening of its first retail sportsbooks. DraftKings, FanDuel and Rush Street Interactive statewide mobile apps set to launch next week. This could again help GMR.