Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Having a bit of trouble posting but I'll try again. Certainly no volume on otc which does not appear to be a priority at moment but it doesn't stop US traders using the london exchange same as we can trade on nasdaq if we want.
I've never heard of them either but the price moved up when the Americans woke up so maybe they know the significance, although there was quite a lot of volume traded before then so maybe that took up the slack by lunchtime so it was free to jump up a few notches. Let's see if it holds tomorrow or even... (whispers) moves up another notch.
London-listed Gaming Realms is further expanding the reach of its Slingo Originals portfolio of games through a new multi-year licensing and distribution agreement with B2B iGaming software provider EveryMatrix.
The agreement will make the Slingo portfolio available to the global network of operators active on EveryMatrix’s CasinoEngine integration platform.
“This is an exciting partnership agreement, especially as operators supporting the drive in these integrations,” said Gareth Scott, Commercial Director of Gaming Realms.
“EveryMatrix are strategic partners with several marquee operators that we’re keen to expand our platform and portfolio of games into.”
Amund Stensland, CasinoEngine COO at EveryMatrix, commented: “Adding Slingo Originals’ portfolio of exciting titles to our CasinoEngine library is excellent news for our worldwide operators. Gaming Realms has a reputation of taking entertainment to a superior level, and their games have already proved to be successful in many markets.”
www.gamingintelligence.com/products/casino/140773-gaming-realms-partners-everymatrix-for-slingo-distribution
With Slingo now directly integrated into the BetMGM platform we will share in the growing success of this market leading brand. They have a clear expansion strategy going forward and the means to implement it. A great company to a hitch a ride with!
https://theubj.com/featured/15297/gvc-holdings-sets-sights-on-a-strong-2021-with-a-rebrand/?p=15297
"Over the next three to five years, Entain also wants to increase their reach by partaking in four areas of growth.
First is the move towards competing in the fast-growing online sports and casino market in the US, aiming to revolutionise gaming in the area by providing richer and more exciting content. Another key area is maintaining their growth in the core-regulated markets worldwide, like Germany, France, and the UK.
Moreover, they also plan to tap regulated markets in Latin America, Africa, and European countries, where they foresee a €450-million market in the coming years. Lastly, through their CEO Shay Segev, they are looking to expand to new audiences, with categories like esports, through partnerships and acquisitions.
A Global Portfolio of Brands
One of the largest gaming groups in the world, Entertain has a comprehensive portfolio of brands that it aims to develop through the four areas of growth.
Its portfolio includes a core group of sports brands like bwin, Sportingbet, and Ladbrokes & Coral. Meanwhile, gaming brands such as CasinoClub, PartyCasino, and Foxy Bingo were all built in the early 2000s. On this foundation, Foxy Games, a brand launched in 2015 as an extension to sister company Foxy Bingo, is also set to grow stronger with its range of fast-paced gaming experiences. This includes online slots, Slingo, and scratchcards — all enriched with welcome bonuses, daily deals, and even mystery prizes.
In 2018, Entain — then known as GVC — entered a 50-50 partnership with MGM Resorts, allowing states to license and regulate sportsbooks and casino games. With Entain’s technology platform and MGM’s local US knowledge, BetMGM, a full-service online casino, was formed. Now, through this development, Segev sees Entain expanding into even more states like Pennsylvania, Iowa, and Michigan."
And in order to fulfill revenue expectations for second half, they need to launch in Penn and Mich before end of this month (or thereabouts). Can we hope for an update soon?
At least the recent licence extension with Scientific Games is already causing excitement down under with speculation about an imminent launch of Slingo digital lottery games in Australia.
https://micky.com.au/how-slingo-combines-the-best-of-both-worlds-for-bingo-and-pokies-players/
It includes US companies.
"According to Fischer Gaming, the index covers a range of larger consumer-facing companies including Caesars Entertainment, DraftKings, Flutter, Entain, MGM Resorts International, and PointsBet, as well as some “picks and shovels” firms, such as Evolution Gaming, IGT, Playtech, and Kambi, which provide other services to the industry but form an important part of the value chain."
If anyone here is interested in investing long term in the wider gambling industry, Europe’s first Sports Betting and iGaming ETF is available now. It's the Fischer Sports Betting & iGaming UCITS ETF and its holdings include Evolution Gaming, Flutter, Scientific Games, MGM, Draftkings, GVC etc.
It's an ETF so although it's a tracker fund you just trade it on the stock market like a share. It's listed on the London Stock Exchange under the ticker BETP (for the GBP version).
Of course, I am not offering investment advice but simply reporting that this fund is available if anyone wants to take a look and judge for themselves.
It's all well and good having approval to launch in Mich and Penn but I am surprised we have not had actual confirmation of launch by now.
Michigan launch was supposed to happen in May. Pennsylvania supposed to happen before end of June. Have they happened yet? OR is there some sort of delay OR haven't they bothered notifying the market of launch OR are they too busy with some other yet undisclosed deal.
It's a bit frustrating to have expectations set and then no confirmation about whether or not those expectations have been met. Gives the market jitters too, I think, although that only really affects short-term traders.
I guess things never happen fast enough or smooth enough when you have great expectations. Fingers crossed for an update soon so we know where we're at.
When I look at it I'm seeing current real-time best bid of 0.45 and ask of 0.55. The 59.5 cents being displayed is the price of the last trade which was on 24 May and only for 100 shares. No trades on OTC since then as far as I can see.
Your thoughts may be right, pironi, as looking at their history they have grown by acquisition and seem to be permanently on the acquisition trail. They bought Bally in 2014 and now Bally are in the process of buying Gamesys.
Agreed, I'd love to see how this pans out too. From an interview in October: "Slingo games account for between 3.5 and four per cent of New Jersey’s entire online casino gross gaming revenue and Segal is confident the company can replicate that in Pennsylvania and Michigan.
April total online casino revenues: NJ = $105m, Pennsylvania $90m, Michigan $95m