Member Info for Alocasia

Ooh! He must have a lot of Christmas presents to buy!!

Gaming Realms plc (the "Company"), announces that it was notified by Michael Buckley, Executive Chairman, that he has sold 1,000,000 ordinary shares of 10p each in the Company ("Ordinary Shares") at an average price of 20.50p. The sale was for financial planning purposes. The sale represented 3.6% of Michael Buckley's holding prior to the sale. Following this sale, Michael Buckley has a beneficial interest in 26,500,000 Ordinary Shares representing 9.2% of the Company's issued share capital.

Of course I should have said it's a zoom webinar.

Thanks for letting us know. Here's the link if anyone's thinking of going. It's £19.50 a ticket.
https://melloevents.com/upcoming-event/mellomonday-21st-dec/

In other news, Slingo Reel King is now live with Entertain. Goes live with all other operators on 12th Jan.

Come on then, who wants a bit of pocket money for the new year?

https://www.workingmums.co.uk/jobs/job/18753127/assistant-accountant-bookkeeper-/

Yes there must have been a lot of chunky buys to soak up that sell. I don't know why anyone would bother selling now when we're on the cusp, unless they need the cash. Surely got to be worth hanging onto if you can.

Maybe we will get another holdings RNS soon.

Aquis itself is also listed on AIM using the ticker AQX.

Fairly tight spread here the past couple of days.

I think it is the code for the Aquis Stock Exchange in London, which is fairly new and trying to rival the London Stock Exchange. They probably have a ticker there because some stockbrokers prefer to use it as it's cheaper, but I don't know if it actually gets used or not.

If you even casually browse over the figures, it's hard not to be excited about the prospects for next year.

Just in Pennsylvania, since the start of their new fiscal year in July, bettors have gambled more than $7.8 BILLION online - and that's just on slots and table games (like poker), it doesn't include sports betting.

The above has generated $63.7 million in tax revenue for the state.

Thanks and yes it was a good interview, wasn't it. To quote Mark Segal, with the US expansion and the new marketing tools their developing (which is a great idea and could really boost player numbers), "2021 is looking very promising."

Provisional licences now awarded for Michigan gambling apps and our partners are among the first to be approved, including Crown MI Gaming (DraftKings), Rush Street Interactive (BetRivers), and Roar Digital (BetMGM). Launch now expected in January.

According to this September article, Slingo is taking America by storm.

https://www.americangambler.com/best-online-slingo-games-in-the-us-nj-pa-mi/

Operators all set to go in Michigan...
https://www.michigansharp.com/online-casinos/betmgm-casino/

...And West Virginia also looking likely by Spring 2021.
https://www.casino.org/news/rush-street-interactive-to-launch-betrivers-igaming-in-west-virginia-in-21/

Yes, Truro, I agree, it seems like all their ducks are getting lined up nicely, so let's hope 2021 lives up to expectations. It certainly sounds like full steam ahead.

I'm curious about one thing though. With all the stock that must have changed hands over the past few months, I'm surprised we haven't seen more in the way of holdings RNS's.

I posted a message this morning about a new interview by Mark Segal but it seems to have disappeared. Anywhere here's the link again if anyone's interested.

https://casinobeats.com/2020/12/15/gaming-realms-like-all-businesses-weve-had-to-adjust/

2021 is looking very promising. We have applied for licenses in both Pennsylvania and Michigan, where we expect to go live in both in the first quarter, and we already have a number of multi state deals with the largest operators in the US.

We also are excited to broaden our partners and distribution in Europe. We expect to launch in Spain, Portugal, Greece, Switzerland, Italy and Denmark regulated markets in 2021.

Our games roadmap is also very exciting. With our partnerships, we will be launching Slingo Starburst, Slingo Reel Kings, Slingo Lobstermania as well as a really exciting Slingo fishing game. These are all a combination of our original IP and key gaming brand licenses.

https://casinobeats.com/2020/12/15/gaming-realms-like-all-businesses-weve-had-to-adjust/

Shows how undervalued these stocks are in the UK.

Such is the enthusiasm for gaming currently in the U.S. that the Align team speculated that Gaming Realms could be “on the radar” as a potential acquisition form a larger player.

Alternatively, there might be a thought to mirror the move by former fellow UK-listed GAN, which switched to the U.S. market to gain greater investor interest.

“(That) could see a higher valuation being awarded,” they added.

https://wedgenews.com/news/analysis/gaming-realms-slingo-michigan-pennsylvania/amp/

"In less capable hands, Gaming Realms could have faded into obscurity by now. Under the strategic direction of co-founder and CFO Mark Segal it is a company that is flourishing."

https://hot50.gamingintelligence.com/hot50category/finance/

And this is just a taster. 2021 is when we should start to see the really interesting numbers kick in with the continued growth in our US customer base.

"The Company has applied for licenses in Pennsylvania and Michigan in the US and hopes to launch in these states during the first half of 2021."

Align Research were forecasting adjusted EBITDA of £2.47m and on that basis came up with a valuation of 39.4p

Must have been listening :-)

Trading Update

Gaming Realms plc, the technology led developer and licensor of mobile focused gaming content, today issues a trading statement ahead of its 31 December 2020 year end ("the Period").

Since updating the market on 8 September 2020 when publishing its interim results, the Company is pleased to report that business performance and sales momentum has continued the trend demonstrated throughout the first 8 months of this year.

Revenues for the Period are expected to be £10.7m, 55% ahead of 2019. As a result of this increase in revenue, the Company expects adjusted EBITDA of not less than £2.75m for the year ended 31 December 2020.

This strong performance is due to the expansion of our partners internationally, the release of new "Slingo" games, and improvements to the Group's technology. In the second half of the Period, we have gone live with 5 new partners, including PaddyPower Betfair in Europe, and launched 4 new "Slingo" games including Slingo Fluffy Favourites.

The Company has applied for licenses in Pennsylvania and Michigan in the US and hopes to launch in these states during the first half of 2021.

The Company is confident of achieving further progress during 2021 and will provide further updates on its progress in due course.