Member Info for redjester

This is probably the best deal they have signed yet. That could increase their exposure by a factor of 10

I can't find a lot of good news in the report that wasn't already released. Revenue down 7%, loss after tax increased 22% and loss per share increased 15%. The tax increase for online gaming after the FOBTs will hurt them. PASPA repealing won't help and the recent deals are good but they aren't amazing. WWTBM already have a lot of bingo and slot games. The white label sites are awful and will need serious investment to grow, in what is already a really competitive market. I Like the focus on RMG and think they are setting themselves up for long term sustainable growth, but I think it will be a long road. Paspa repealing might make us a takeover target, if only because american firms will be buying up loads of sports/gaming sites for the foreseeable future to get up and running quick in the US. But UK gaming firms will be buying sports businesses in the US for the same reason so that could make us less appealing as well It feels like we're the last to find out as well considering how late the results are and the none reaction from investors. I bought this only a year ago and am holding for the long term but a sudden jump seems optimistic considering the shares history. Holding for the long term might be optimistic as well ha. I think we're trading close to book value though so hopefully it's all from here.

There was an RNS but it isn't showing above there. We estimate that the direct, pre-mitigation, impact of this new stake limit would be a 33% to 43% decrease in our total machine gaming revenue. In 2017, this would have equated to a �35m to �46m revenue impact, representing 2.0% to 2.6% of Group revenue.

PASPA was repealed opening up sports betting in the US so it won't really affect GMR other than possibly helping some of the sites GMR's games are on. It shouldn't have a big impact on slots providers.

Every bookie has a poor rating on trust pilot. People don't like losing money so they slate them on review sites. PP actually has a better rating than bet365, ladbrokes, coral or Boyles.

Haha, what? Since the last bit of news you must have said 'massive upside' in one way or another about a million times, then you sell before any more news? Madness. I was expecting the results to come out but that EGR article must have been talking shite. They are obviously later as a previous poster had said. I'm still saying 15 to 20 after the results, 40p by end of the year and their takeover price is 80p which won't be anytime soon. Watching this share every day over the short term is just going to drive you insane. Go read a book or something until something actually happens.

Sorry I get ye. Yeah I might just be mixing up my terms so. I get that the buy orders are in first and they are being filled, but I was assuming a sell was a trade going through at the bid price and a buy was it going in at the ask price.

Would it not be a buy if they got filled at the ask price, and a sell if they're filled at the bid price?

Unless I'm reading it wrong the RNS announcing the loveisland site calls it a licensing deal. GMR own and operate the site. That's also called out a couple of times in the sites terms. As for 'Anything that has potential to be an issue would of been taken down by now.' that's obviously not the case or no one would have been fined for anything recently. I could point to a lot of examples but for one https://www.gov.uk/government/speeches/online-gambling-the-investigation-so-far-and-next-steps this article from November calls out the key terms issue 'Ensure all significant conditions are provided to consumers in a clear, timely, intelligible, unambiguous, transparent, non-misleading and prominent manner, including within the advert and with the headline offer on all relevant landing pages and sign-up pages for the promotion, and on any other advertising on any medium for the promotion.' Go to the loveisland site, look at the '3 ways to bag a winner' offer at the top of the page and tell me where the terms are, or what you actually have to do to get a bonus or 'bag a winner'.

On the love island site the terms say We are Bear Group Limited....... .........ITV and Motion Content Group are not involved in the administration of this website Then down the bottom of the site, Bear Group Ltd is a wholly owned subsidiary of Gaming Realms PLC. so I don't think they would avoid all liability

Stew � Yeah I did read your comment but didn�t really understand it. To be fair I have admitted to being new at this. Obviously if someone is selling someone has to be buying but if the transactions are bringing the price down is it not fair to say they are sells instead of buys? Like if I have an order in for 8p, I still need some lunatic to sell their shares at 8p right? Sorry if I�m missing something obvious there. I was more referring to the fact the price keeps dropping anyway so happy to retitle that comment as Price drop instead of recent sells if it helps. Morning � in that EGR article there was a line with something like �ahead of their 2017 results being released this month� so yeah I�m assuming it will be this month, but they were later last year and I haven�t seen anything from GMR with a date. Cotton � Just as an example the types of things the gambling commission or CMA have gone after recently are, ads or games that appeal to children, promotions not having full details in the actual banner if space allows, the rest of the terms being no more than one click away from that ad, anti-money laundering, responsible gambling checks, and a lot more. I was just flicking through the loveisland games site for a few minutes but there are games on the homepage with cartoon characters (appeals to children), their sign up bonus along the top has 0 terms and you can�t click it to find out more, the promotions page is also blank so you can�t get the terms there, and then for anti-money laundering and fraud checks the site just looks pretty amateurish and if William Hill isn�t investing enough money in these checks to avoid fines I don�t think we can be guaranteed that GMR are. I�m not trying to say it�s some sort of criminal organisation and we should all bail, but most of the big gambling brands are down recently and a lot of that is down to all the recent bad press for the industry and the GA/CMA throwing their weight around with fines and threatening to remove licences so it seems reasonable that it would affect smaller, riskier operators more IMHO.

It might just be the gambling industry in general. A Lot of bad press lately and William Hill just got hit with a 6m fine. Some of the GMR sites have much bigger issues so a hefty fine wouldn't be out of the question. There's also talk of the gambling commission taking someone's license to throw their weight around so smaller, riskier gambling sites might not look great at the minute. I still think the real potential here is building more games and licensing them to more operators but with so much revenue still coming from B2C it's definitely a risk

I think they're still in profit for the year. He said 3m in that podcast

Yeah it's annoying that they give more information to egr than shareholders. I don't think the results will be bad though. The share price makes a little more sense if 75% of rev is B2C and that's declining, but they're setup well for B2B to grow quickly, especially after the 888 deal.Steady flow of licensing deals and new slots games to roll out on them and they'll be sorted. I'd say 20p on results, 40p end of the year. I can't see them selling for less than 80p and that could be a while.

Bit of a whopper read but I posted it below there. He done an interview with EGR a while ago

A new way of thinking: What Gaming Realms does next The AIM-listed firm has shifted its focus to accommodate new revenue streams after previously reaping success from its social gaming infused products. EGR Intel speaks to CEO Patrick Southon about his next move Nicole Macedo 06 February 2018 SaveEmailPrint Share As regulatory pressures increase across all areas of the industry, operators are having to re-think their strategies and adopt much more delicately thought-out targets to achieve additional long-term revenue streams. And for relatively young London-listed operator Gaming Realms, this shift has come in the form of developing fledgling B2B and content licensing arms. The operator�s journey has been a rollercoaster of highs and lows since purchasing the Slingo brand in 2015, but it was still able to experience huge success with its products. However the significant pay out to US-firm RealNetworks resulted in group revenue growth slipping and the firm having to look elsewhere to boost its income. In January 2016, the operator reported revenues of �21.4m for the 12 months ending 31 December, up 116% from the �9.9m registered in 2014. Southon attributes this period of relative success to the company�s investment in reinvigorating the combined slots � bingo concept and launching its Slingo Riches product in the UK market. Gaming Realms CEO Patrick Southon says that while the brand is not hugely well-known in the UK, it has been a well-loved game style in the US for 25 years, and aided in the company�s international expansion in the North American market. But the RealNetworks payout for Slingo proved somewhat of a financial drain on the operator and resulted in a significant cutback in marketing spend over the last two years. Southon says as a result the brands have been rather static in terms of revenue. And the business has put more emphasis into growing its international social business, licensing its games to competing operators and investing in higher margin game creation to help boost bottom-line profits. Patrick Southon - Gaming Realms CEO Patrick Southon � Gaming Realms CEO �We�re going to make more games and invest more into that rather than investing more into B2C marketing because of the international element of that part of the business. While the cost is upfront in making games, you have a much bigger market than just the UK in terms of licensing them.� Shifting sands Shortly before its spate of acquisitions in 2015, the operator shifted its in-house products onto its legacy Grizzly platform after parting ways with Bede. Southon said using a third-party platform had caused the company to lose sight of its players.

Developing the platform itself meant the firm could produce content more quickly and its in-house games now account for 30% of group revenues. �[It] beats a lot of the content from others like IGT or Scientific Games. We�re pushing more resources into that but that�s another investment for the future rather than a return now,� Southon says. And since opening the door and subsequently scoring a host of B2B deals with top-tier operators like 888, Southon says the business is diversifying and shifting its focus even further in 2018. Firstly to avoid the chokehold of ever-tightening UK regulations, and also because B2C revenue growth slowed down significantly in 2016 and the firm no longer has the resources to invest heavily in marketing its customer-facing products. �Generally speaking the business priorities are licensing and platform, B2B and then marketing our own stuff as a third point, as much as anything else to inform the strategy of the other two points,� the chief exec adds. Southon says the operator initially started off with a heavy B2C focus and sought to differentiate its product from the rest of the over saturated casino industry, but having seen the massive opportunity in international expansion and more steadily driving growth, Gaming Realms will be looking to seal more platform and licensing deals in the next 12 months. As it stands, B2C operations still account for over 75% of revenues for the real-money business. �While the cost is upfront in making games, you have a much bigger market than just the UK in terms of licensing them� The company is at a crossroads ahead of releasing its 2017 fiscal year results this month, and Southon says a continued reduction in marketing spend has resulted in lower revenue growth for H2 and has been the main reason for diversifying its business strategy. �It�s difficult for a small business like ours because we can�t do everything we want to do and you have to pick your battles,� Southon reveals. �The battle we�ve picked at the moment is we think the biggest USP of our business as a whole is the fact we can get the casual audience to engage with our products and that�s partly platform but it�s also partly content, so the content is exploitable and the platform is B2B-able, but for us to do B2C more it does raise a conflict. We can�t invest say �3m into marketing Slingo because it would make it harder to support a licensing strategy.�

However, the shifting sands present a much more mature Gaming Realms that has learned from its past mistakes of investing huge amounts into marketing certain brands, as it did with its first product Bingo Godz. Regulus Partners described Gaming Realms as a �microcosm of the opportunities and threats facing �third generation� online gambling businesses� following the release of its H1 2017 financials. In an analyst note Regulus optimistically outlined the strategic potential of the firm, stating it would see further success in its strong mobile focus and emerging B2B opportunities. Rags to (Slingo) Riches The Gaming Realms story began in 2014 with two former Foxy Bingo executives. They aimed to reinvigorate the casino vertical and tackle player churn by combining social games and real-money gambling to develop a mobile product that catered for the Facebook gaming masses. The amalgamation of real-money casino products and social and Facebook games has driven the growth of a number of medium-sized operators in recent years, particularly the likes of Gaming Realms, Casumo and Gaming Innovation Group. Southon says getting it right very much depends on accurate player data. �You have to know your individual cost per player and you have to know your monetisation curve almost on a daily basis in terms of the different groups of players you get in,� he comments. �Our learnings from the social business are that the feature developments you have in those games, like levels, tournaments, leaderboards, points or even just having a very fast delivery system, are very applicable to real-money gambling but you have to get all the bits right.� The operator acquired the Slingo brand from RealNetworks in 2015 The operator acquired the Slingo brand from RealNetworks in 2015 By integrating social features into casino games, from levels to leaderboards, customers are proven to play for longer and developers have rejigged the way they direct the content at them. �They see it very much as a content business and the player has to interact with the content. It�s very much looking at it like a game and the casino industry hasn�t done that historically,� Southon continues. Through its own unique content Gaming Realms has successfully attracted the attention of the wider audience and has since spawned a number of other in-house games that account for 30% of the operator�s group revenues. �It beats a lot of the content from others like IGT or Scientific Games,� Southon says. �[And] we are pushing more resources into that but that�s another investment for the future rather than a return now. �It�s a good strategy in some respects because you get a wonderful feedback loop. When you make the games you can see how it works for your players, you can sit down as a collective and work out how you�re going to do things a

Producing branded content has been another of the company�s main drivers, and a focus that has resulted in the launch of The X Factor and Love Island-themed products. Southon uses the rise of live casino provider Evolution Gaming as an example of the industry branching out and discovering a new content channel that has piqued the interest of the consumer. �In our industry you have to provide content people want. We�ve licensed the likes of The X Factor or Britain�s Got Talent, which suits a certain type of audience. It�s not right for everybody so it wouldn�t fit a sportsbook but there is definitely a space for it.� Humble and optimistic Southon is clearly optimistic about the firm�s outlook, but remains staunchly humble. And despite the financial hiccup caused by the Slingo acquisition, M&A remains on the chief exec�s radar. �We managed to [pay off the final RealNetworks instalment] with the help of Jackpotjoy on a licensing deal, but now we�re free from that shackle so our stock is a bit more liquid again,� he comments. Southon attributes the firm�s progression to a unified team that shares the same mantra and ultimate goal. The senior management comprises an impressive mish-mash of industry experience. COO Stephen Downer spent 10 years at Sky Betting & Gaming and a further two years at Betfair before joining the team at Gaming Realms. �I think we�re just trying to do our own thing and at some point it will pay off, but we�re not at that point yet. We�ve got to flex as the market is changing very quickly� Others share bwin.party and Cashcade experience, particularly Southon and Gaming Realms co-founder Simon Collins who facilitated the sale of Foxy Bingo and Cashcade to bwin.party. From there, the two learned to adopt the entertainment first stance they have since brought to the operator. Southon says: �Our experience at Foxy and then at Party was as much about the type of player as it was about the game that people were playing. Foxy Bingo [took] very much an entertainment stance, and it was mass market, and the premise of the business, in terms of Gaming Realms, is really to continue that but with our own technology and focusing on mobile and the new methods of marketing and gamification.� As it seeks to broaden its offering, Southon says the operator looks to supplier of instant win games IWG as an example for its licensing business as it has developed and successfully rolled out its own niche gaming model. Elsewhere, the chief executive counts Stride Gaming as another firm to watch for its varied business arms and unified strategy. �They�re all very different businesses. I think we�re just trying to do our own thing and at some point it will pay off, but we�re not at that point yet,� Southon recounts. �It�s going to be

Looks like they might be sooner than we thought. From an article on the 6th of Feb: The company is at a crossroads ahead of releasing its 2017 fiscal year results this month, and Southon says a continued reduction in marketing spend has resulted in lower revenue growth for H2 and has been the main reason for diversifying its business strategy. �It�s difficult for a small business like ours because we can�t do everything we want to do and you have to pick your battles,� Southon reveals.