The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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A takeover at a significant premium sounds likely given the other M&A activity in the sector. As pironi says, seems like this year something is likely
I read on a Telegram group today that there was a takeover rumour by a large US operator. Who knows, we were nearly 5% up at one point today and I did think no smoke without fire.
Saw Slingo mentioned on a betting advert, on mainland UK TV, recently
Would make a lot of sense. I thought that would happen in 2021 though too.
So here is my prediction for 2022.Assuming the revenue keeps building,then I think it's inevitable we will get taken over.We owe 3 million or so for a convertible loan due end of 2022 to Gamesys so would make sense for them to buy us or Scientific Games who are on an acquisition splurge.Anywhere between 60p and 70p.Could be totally wrong of course.
Thanks Pironi. As they say, you've got to be in it to win it. Our time must surely come?
"The digital gaming market in Italy is forecast to be worth around £3.6bn by 2024"
Have a great xmas and a VERY prosperous 2022 to all GMR holders!
https://www.thisismoney.co.uk/money/markets/article-10339139/amp/Flutter-buy-Italian-gambling-operator-Sisal-1-6bn.html
Another fantastic operator live through Relax Gaming Ltd! ?? We are pleased to announce that our game portfolio is now available through Avento MT LTD - we can't wait for more players to experience the magic of Slingo. ??
Source linkedin
Take over by Flutter of Sisal Italian gaming company.Sorry can't manage to copy link.
After all the good news it must be time for a trading update soon
Another exciting operator launch! Our games are now live with MegaRush through our partners at Relax Gaming Ltd! Thanks to Yannik Borg, Eddie Barrett and everyone who helped with this launch ??
Source linkedin
Thanks Alocasia
Pleased to announce that our Slingo games are now live with Hero Gaming through Relax Gaming Ltd! Thank you Sven de Waard and the whole team at Hero Gaming for all your help with this launch
Source linkedin
BetMGM has launched Borgata Bingo for players in New Jersey, the first online bingo product built exclusively for BetMGM by Entain.
Borgata Bingo gives players access to the first 75-ball online bingo product in the US, as well as a 90-ball bingo game, and a host of exclusive slot games and jackpot prizes, including Gaming Realms’ Slingo.
“Borgata Bingo provides players with an engaging digital gaming experience – one that builds upon the fun of live, in-person bingo,” said BetMGM vice president of gaming Matthew Sunderland. “We’re pleased to introduce this first-of-its-kind platform as we further expand the Borgata brand online.”
https://www.gamingintelligence.com/products/bingo/149135-betmgm-launches-borgata-bingo-in-new-jersey/
Stockholm-listed gaming supplier Aspire Global has acquired a 25 per cent stake in multi-channel bingo provider END 2 END for US$1.75m.
The agreement also includes an option for Aspire Global to acquire all of the shares in END 2 END in three or five-years’ time.
“This is yet another step in Aspire Global’s strategy to control the entire B2B value chain in the iGaming industry,” said Aspire Global CEO Tsachi Maimon. “It is also an important part of achieving our goal of becoming the world’s leading iGaming supplier.”
https://www.gamingintelligence.com/finance/manda/148880-aspire-global-acquires-25-stake-in-bingo-supplier-end-2-end/
GMR recently signed a deal with Aspire.
https://lcb.org/news/gaming-realms-becomes-part-of-pariplay-s-fusion-platform
We are thrilled to announce our entry to the Dutch market with Jack’s Casino, part of JVH gaming & entertainment group ???? The partnership furthers our international expansion in regulated markets and allows for Slingo content to reach new players in The Netherlands.
More consolidation within the sector .
GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming, online sports betting, and simulated gaming industries, today announced it has completed the acquisition of the Bulgaria and U.K. based online casino game developer Silverback Gaming (“Silverback”) on undisclosed terms.
Looks like Ontario igaming launch delayed until at least mid-February. Gambling is prohibited by law in Canada except for special cases (eg government-controlled lotteries) so rather than issuing gambling licences, companies have to register with the regulator to apply for an "operating agreement" with iGaming Ontario who are managing the whole thing on behalf of the regulator. It's a weird workaround which is obviously taking longer than anticipated.
Merry christmas (again) everyone from your Chairman. He did the same thing last year, dumping a million shares on the market in December. This must be his piggy bank for present buying and when you can just issue yourself some more shares, why not?
Mark Blandford saw this as a buying opportunity. Will others? We'll find out by how long this takes to recover.
I suppose it could have been a sell order that finally got filled over several days. Would explain why we are down at these levels. Well, let's hope for a nice uptick after xmas, like last year. You never know, maybe things are quiet here for a reason.
Someone just bought a million shares for £325,000
So how come we're down today?
Gaming Realms seals Pariplay integration agreement
Malta 6thNovember 2021 – AspireGlobal’s Pariplay Ltd, the leading aggregator and content provider, has boosted its portfolio by signing a deal to add Gaming Realms products to theFusion™aggregation platform.
The agreement will see Gaming Realms, the developer and licensor of mobile-focused gaming content, distribute its popular Slingo content to a wider audience in regulated markets worldwide through Pariplay’s innovative solution.
Through its unique IP and brands, Gaming Realms brings together media, entertainment and gaming assets within new game formats. Its management team includes accomplished entrepreneurs and experienced executives from a wide range of leading gaming and media companies.
Pariplay’sFusion™ aggregation platform features thousands of titles from the industry’s leading games developers and a suite of back-office conversion and retention tools that enhance player value.
The content deal is the latest in a string of new partnerships that have been announced recently by Pariplay, as it furthers its growth in regulated markets globally, including in the United States.
Shivan Patel, Commercial Director at Pariplay, said: “We believe that we best serve our operator partners by offering them the widest possible range of content, designed to appeal to a large breadth of player demographics.
“This deal with Gaming Realms provides our Fusion™ platform with content that is carefully designed with mobile devices in mind, cleverly leveraging IP and brands to deliver innovative and engaging new styles of games that I know will be a firm hit with customers around the world.”
Gareth Scott, Commercial Director of Gaming Realms, said: “The integration with Pariplay supplements existing routes to market, while strengthening our strategy for regulated jurisdictions.
“The growing reputation of Slingo and its unique gameplay continually drives player demand. We’re humbled to have several sponsor operators go live immediately, including through Aspire Global, and look forward to onboarding further operators over the coming weeks.”
Cheers, must have put on my calendar from last year, time goes quickly when you’re having fun on the stock market! (Well not at the moment).
They had one in December last year, but this year they included a Trading Update in the 2 November RNS so I doubt it but you never know!
I’ve got on my calendar that an update is due in the coming week, anyone else think we’ll have one? Checked out the website no indication of one coming. Sky bet has only one new game from GMR showing under “New Games”.
Hi Alocasia, I'm still not sure that an RNS re Romania would achieve very much. Obviously the Commercial Director has to make the right noises but he's probably the only truly exited person - if he really is. New countries/territories have been well flagged and have contributed to the feel good factor and we are now expected to expand. As a consequence although the sp has dipped in the last few months we are still quadruple the price of 2 years ago.
This growth has been fueled only by contract/agreement news. Our interims showed a 50% increase in revenue. To my mind we need to show that we can now fulfill our potential by strong revenue growth. Yes new markets are important but the revenue numbers are where we have to deliver. It was only last year that we achieved growth and we need (and will) to demonstrate real growth.