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Lol, it's all getting too complicated to keep track of. We're with X via Y in partnership with Z. Anyone heard of Tipico? Apparently we're with them now too.
https://www.yogonet.com/international/noticias/2021/11/03/60052-tipico-launches-online-and-mobile-casino-in-new-jersey-partnered-with-ocean
Those ???? Were emojis fyi that obviously don’t render correctly!
They should hire Alocasia as their financial PR, we learn more from him than the company puts out ??????
Thanks for the info Alocasia. I think this neatly illustrates the point that there is a lot of complexity in many of the deals/arrangements/contracts that we have entered into. This is a complicated and fast moving market we are in. I understand the licensing model and this is why I am here but I just don't always comprehend the marketing!
Yes more info on the deals and more breakdown of the revenue streams would be welcome. Thanks again.
Yes we signed a four year extension with Scientific Games in May re Slingo lottery products but they have just agreed the sale of their lottery division for $6 billion as they want to concentrate more on the igaming side of the business, so we could be on the radar, M&A-wise.
Agree, woeful PR
More M&A in the sector with one of GMR partners/clients I believe Scientific Games
https://www.prnewswire.com/news-releases/scientific-games-enters-live-casino-market-with-authentic-gaming-acquisition-301415086.html
Let's hope if GMR win anything they generate a bit of buzz around it.
"iGaming Suppliers are queueing up for the Supplier of the Year Award but will also be clamouring for the Innovation Award and the super hotly-contested Game of the Year prize.
Evolution Gaming, Gaming Realms, IGT, Inspired Entertainment, Pariplay, Playtech, Scientific Games, and Wazdan have all got a hat in the ring for those titles."
https://www.gamingintelligence.com/insight/preview-the-gaming-intelligence-awards-2021/
I haven't seen anywhere that we will be offering free games once we launch in Canada. I'm sure there's always a certain amount of free spins etc as a promotional tool but I imagine you're referring to Rush Street's CASINO4FUN which is their way of entering the Canadian market before the official launch, which is due to happen sometime around the end of this year. Up until then, RSI can only offer free games and it's a way of building a customer base ahead of the launch. I don't think the Canadians need acclimatising as they are apparently already doing a lot of online gambling offshore and I'm sure would prefer to have the safeguards of a legal online casino in their own country. It's just a case of RSI trying to landgrab some of the Canadian business before they're officially entitled to.
My argument is that GMR could be doing more to create investor interest, especially when new deals are signed, and they could provide a lot more detail about the business plan and how we're doing. You see other companies creating a media buzz whenever they sign new partnership deals and for GMR to only announce these kind of things on linkedin seems very lazy to me. They should be doing more media interviews to get the word out.
Good point Alocasia. I too would like a little more detail as this is a complex area and it is difficult to evaluate the different relationships. The market place is also different for different countries. EG I understand that our Canadian venture will offer free games at first in order to acclimatize customers. Depending on the length of this it will possibly take to the 2nd half of next year before we see meaningful revenue. Welcome of course a slow burner at present. At least that's how I see it but I could be wrong - I just don't know.
Background on Pariplay (see link).
Not sure why it didn't warrant inclusion in the RNS or even its own RNS, rather than only announcing on linkedin. Linkedin is a networking site for business professionals. It seems like a very inward-facing forum to announce "hugely exciting" news that they should be announcing to the world at large. It's almost as if they are running this as a private company rather than making an ongoing effort to generate as much publicity as they can on behalf of their shareholders in this publically-listed company. Only through the constant publicity generated by RNS's or interviews with the media can an AIM stock meet its potential, not via announcements to your business colleages on linkedin. I think now would be a good time to do a wide ranging interview that better explains all these complex relationships (partnerships, direct integrations, third-party distributions) and how they all fit together in the overall business plan. I'd also like to know how we're doing in each marketplace (how much does Italy contribute, for instance), what's happening about the other European markets we are supposed to be entering, etc. There is so much more they could say and do to generate interest here.
https://www.casinobeats.com/2021/10/20/adrian-bailey-pariplay-the-fastest-and-most-flexible-path-to-online-casino-success/
Many thanks, epicsurf. Sounds great. Should have been RNS'd I reckon.
We are thrilled to announce that Slingo content is now live with Aspire Global through our new aggregation partner: Pariplay! This partnership is hugely exciting as it allows the possibility to reach more operators to showcase Gaming Realms content to even more players internationally ??
https://www.linkedin.com/mwlite/company/gaming-realms#image-modal
Ten months ago, in January, we had a re-rate and as it's coming up to that time of year again, I'm hoping santa's going to bring a late xmas present this January too considering the progress we've made in the meantime.
Jab1tt, yes I agree with you, but there’s nothing like year of year audited results.
I’m a bit confused. In the interim results, it said “Licensing revenue increased 28% in the two months post period-end compared to the same period in 2020”. So let’s say my revenue was £1 in July last year and this July it’s £1.28, and the same for August, so the year on year increase for July/Aug goes from £2 to £2.56 = 28% (as reported in the interims). Therefore, if they are now saying the overall average for Q3 was 35%, does that mean that the y-on-y increase for September was 49%? i.e. £1.28+£1.28+£1.49 = an overall average of 35% ? I don't know if that's how it works but as they'd already quoted 28% for July/Aug it would have been nice if they'd mentioned the September figure separately and then said "giving an overall average for Q3 of 35%" just to clarify. Anyway, good that the Ontario licence is already being processed. Everything is on track to start building real momentum (and strong profits) going forward.
Certainly hope so Morbox, especially since the interims showed a profit of 0.8 mill.
And another valuable licence gained. Pipeline licences awaiting approval and revenues up 35% YoY. Seems the new strategy is exceeding expectations. Well done GMR.
Very good, but the trading update could have had a bit more meat on the bones. Maybe we’ll still get one in Dec. If not, sit back and relax. Next year maybe California. Any dips I’ll be adding. As I said, I would like to see a profit at end of year (even if small).
We March on it’s time we got noticed
Some people swear by technical charting so they may find it useful but it's not for everyone (there's only so much you can glean from a chart imo since it doesn't actually know what's going on behind the scenes). Still, the sharing of information is always useful as it creates a discussion point, so I'm grateful to epicsurf and anyone else who takes the trouble to share their findings with us because there's so little mention of GMR out there, it's hard to find even a man with a chart talking about us. GMR could do with creating more publicity for themselves. Even the fairly regular interviews we used to see seem to have died out now, which is a shame. Maybe they're too busy to do interviews these days but I did find them useful to help fill in the blanks between trading updates.
Second both those comments! Just over a month away before the next trading update, based on history. I really want to see some profit which will give a good indication that end of year results will show being in the black.
IM STAYING PUT BUT I KNOW WHERE YOUR COMING FROM LOL
The same guy that pumped RMS (now NNN) on more than one occasion, despite all the obviously-dodgy stuff that went on over there. If he's pumping GMR, it almost makes me want to sell up to be honest.
Not long now
Great little company
Thanks Epicsurf. Zak Mir looking at 55p for GMR by the end of the year.
https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-weekend-edition-via-vox-markets-4/#gs.ejefwz