Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
While we wait for the RNS with launch news for Penn/Michigan...
below is an interesting article on Pragmatic Play.
When we signed the recent agreement they said: “We have an extremely positive feeling about the potential for Pragmatic Play-themed Slingo games and are eager to see this partnership realise its potential.”
https://ventsmagazine.com/2021/05/24/how-pragmatic-play-slots-could-be-the-next-big-thing-in-the-competitive-igaming/
GAN has acquired australian slot developer Ainsworth.
https://www.gamblingnews.com/news/gan-has-acquired-ainsworth-in-pursuit-of-us-expansion/
GMR has signed multi-state deals with BetMGM, Rush Street Interactive, DraftKings, Golden Nugget and Betfair/Fanduel, as well as two distribution deals with GAN for the US and European markets.
http://www.alignresearch.co.uk/wp-content/uploads/2021/05/Gaming_Realms_Update_Align_May2021.pdf
This deal GMR struck with BetMGM is going to make this company great.
On BetMGM's New Jersey site you can find Slingo Reel King, Lightning and Deal or No Deal all featured in the "trending now" section of the hottest slots.
The options currently available online in BetMGM's Michigan casino look quite slim in comparison, but even now they are by far the most dominant player in that market and Slingo games are currently being directly integrated into the BetMGM platform ready for imminent launch.
Once this integration has been certified they can go live, with the Michigan launch scheduled before the end of this month and Pennsylvania to follow in June.
This is a great deal we struck as going forward Slingo games will automatically get rolled out to all the new states that come online as an integral part of the popular BetMGM online casino.
https://www.mibets.com/online-casino-michigan-april-2021/
100k at 38.50p
Let's celebrate with some lobster for lunch.
https://www.youtube.com/watch?v=ZAZ7KY7bfI8
Expecting an announcement soon. Inspired Entertainment received their provisional Michigan licence at the same time as us (in January) and they went live a week ago. They have also just launched in Spain - one of the other markets on our wishlist for this year.
"I don’t think MGM can ignore this opportunity and will return with a 2,000p plus per share bid in the not too distant future,” Williams said. “As listed gambling operators in the UK continue to get gobbled up by US operators, the price of the remaining listed gambling operators will only increase.”
https://www.legalsportsreport.com/51004/will-mgm-still-buy-entain-betmgm/
I think that links a bit dodgy.
https://igamingbusiness.com/rsi-raises-full-year-guidance-after-217-6-yoy-revenue-growth-in-q1/
RSI increases full year guidance after strong Q1.
https://www.gamblinginsider.com/news/11909/rush-street-interactive-reports-1118m-in-revenue-for-q1-2021
Nevada considering online casinos.
https://pokerfuse.com/news/law-and-regulation/215578-nevada-gaming-control-board-consider-online-casinos-week/
You may be right, although he owns less than 10% of the company and could easily be out-voted if the other major shareholders were against. I just feel that after all this time and effort to get where we are now, why wouldn't he hang on one more year to reap the full rewards. Why cash in the GMR chips now when we've just got a winning streak going with the US and with Canada to follow. As you say, whichever way it goes, it feels like we're going to be sitting pretty if we just keep holding and let the chips fall where they will.
Hi euan, Just had a look at the new A of A and I can't see anything much of interest at all. Changes been made to virtually every page but unless I've missed something it looks more like a tidying up exercise to bring it up to date rather than any changes of significance. Of course, I'm no expert, so could have missed some nuance in the wording and I only skimmed through it.
You mentioned you think GMR will be sold before too long and I'm just interested to know how you arrived at 61p (only because it seems so precise, rather than saying around 60p) and if you have any possible suitors in mind. Personally, I'd like to see what the market thinks we're worth once we've got a full year of NJ/Mich/Penn revenues under our belt (or at least six months' worth). Until we have those figures in (and the other European markets) I think it's hard to determine true value. Not to mention the Canadian market potentially coming online before the year end. That could be a biggy too.
Don't think it's specific to GMR. GMR had been holding up well until today considering recent drops in other gambling stocks. Investors are generally switching from growth stocks to value stocks at moment but that trend could switch back again at any time.
Michigan is meant to go live this month.