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Thanks Alocasia, Sort of thing they may release after close for some reason.
https://www.gamingintelligence.com/products/casino/100196-gaming-realms-deploys-slingo-originals-portfolio-across-rank-group-brands/
So their licencing model is creating such strong revenue that it will push them into profit apparently this year.Also the social gaming side which wasn't performing is suddenly adding millions.All to do with the Slingo brand.Big thing is how far they can push into the US market.
Not sure what value can be put on the company.Management have a history of accepting take over offers ( Foxy Bingo) but if they crack America with Slingo and other markets outside the UK then they may feel it's worth holding onto.America is the prize all gambling companies are chasing.
I had switched off from this share some time ago as nothing but a disappointment.However the Q1 2020 licencing rev 90% up to 1.3 million is very interesting.With SKY,888 and other US stuff to be included later then 2020 revenue could be significant.Slingo is generating the rev and one of the big gambling set ups might fancy the Slingo IP.Not sure what value you could put on the company.Maybe 15pence but a lot of directors bought in mid 20s.