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Media Corp (Gaming Corpoartion GMC)Attracting Some Big Names. (MDC)     

goldfinger - 05 Dec 2003 00:33

Up nearlly 15% today and I beleive there could be more to come.

Evil Knievil has tipped it on EvilCast and has bought in 100,000 worth of stock a notifiable interest. He rates the management very highly and says they are attracting all the big bookmakers to the online casino site including punters the likes of William Hill, Chandler, and Ladbrokes. The company are now running at a profit every month and should break into a yearly profit from the years previous loss very soon. The company also ownes in partnership with a Swiss firm Boss another casino site and by all accounts that is doing well.

Im looking at this one as a momentum play pretty high risk as there are competitors out there but I feel the management will give it the edge.

Please DYOR, and remember you are responsible for your own buying and selling actions.

cheers GF.

moneyplus - 29 Mar 2005 12:42 - 465 of 1117

Thanks Bankone--this seems a long term hold then as it's in the red hot sector.

mickeyskint - 29 Mar 2005 13:12 - 466 of 1117

I got this from the other place. Interesting read.

Hi guys!

Just found this over at eGaming Review (www.egrmagazine.com).
Haven't seen it mentioned anywhere else, so not sure how
reliable the source is, but it does look *VERY* encouraging.

If Orange are going to launch their casino in April, I'd expect
to hear a formal announcement on the deal from GMC before
the end of the week.

The future is bright...!

-----------------------------------------------------------------------------------

Posted: 24/3/2005

Orange to break egaming cherry with Gaming Corp

UK mobile network operator Orange is taking its first steps
into egaming with the launch of a casino.co.uk-branded
mobile casino through its Orange World portal in April.
The mobile casino games will be run through a revenue
share deal between Orange and publicly listed egaming
firm Gaming Corporation.

Users will be able to play for free before upgrading to a
real-money account, and there is expected to be a small
network charge.

Portal operator Gaming Corporation announced in early
March it was in advanced negotiations with mobile network
operators in the UK over the supply of mobile casino games.

Justin Drummond, chief executive of Gaming Corporation,
would not comment on the Orange deal, but said the firms
mobile casino was now fully operational.

We have a very impressive product with a full suite of games
that work on practically every Java handset in the UK, Drummond
said.

Gaming Corporation's core business is its popular casino.co.uk
site, but it branched out into mobile gaming earlier this year.

The firm raised 10m through a share placing to fund the mobile
development, and is also belived to be looking at acquisitions
in the poker sector.

Mobile phone casino gaming is tipped to be 2005s big growth
area, and UK operators have already invested heavily in the
technology.

William Hill and Ladbrokes, the UKs two largest boomkakers,
have both launched their mobile casinos, developed by Boss
Media and Microgaming-backed Spin3 respectively.

The UKs other big network operators, O2, Vodafone and
T-Mobile, are expected to launch mobile casinos later this
year.

-----------------------------------------------------------------------------------

BANKONE - 29 Mar 2005 13:24 - 467 of 1117

Excellent post and excellent news, perhaps GMC were going to save the announcement to coincide with their results in early April - but it looks like Orange have announced it for them. Good News to all those who hold or those who wish to get on board. Good luck.

jimmy b - 29 Mar 2005 23:21 - 468 of 1117

Good post Mickey ,looking forward to results,, im way down on these,,hoping they come back....JB..

proberts0@tinyonline - 30 Mar 2005 10:30 - 469 of 1117

A heck of a lot of sales this morning if good news is around the corner and I hope that it is, can anyone tell me why everyone is selling??

mickeyskint - 30 Mar 2005 10:39 - 470 of 1117

The whole market is down not just GMC. Maybe people are taking advantage of CGT allowances and Q2 is here.

MS

proberts0@tinyonline - 30 Mar 2005 10:43 - 471 of 1117

Yeah you are probably right!! On the plus side they haven't gone down..

mickeyskint - 30 Mar 2005 14:30 - 472 of 1117

Oh don't.

LOL

MS

BANKONE - 31 Mar 2005 12:47 - 473 of 1117

Whose warrants are these I thought there was an undertaking from the board not to dispose of any warrants for at least 12 months. How often is this type of dilution going to take place. Can anyone say how many warrants other than those declared when the 71.5 million shares were placed are available to unknown persons.

BANKONE - 31 Mar 2005 14:41 - 474 of 1117

En route Northwards daytraders - SELL at your peril the T10 will kick in tomorrow onwards for the figures so Don't let you shares go CHEAP. IMHO, DYOR and of course Sell if you want to.

mickeyskint - 31 Mar 2005 18:27 - 475 of 1117

From the other place.

Taaa daaahhh!! Cop a load of this! If this ain't good news, then I'm a banana!

The Hitwise Top 10 "Entertainment - Gambling" sites for the week ending March 26, 2005 (based on visits):

United Kingdom

1. (19.35%) Casino.co.uk - http://www.casino.co.uk
2. (12.66%) Betfair - http://www.betfair.com
3. (6.57%) William Hill Sportsbook - http://www.willhill.com
4. (6.56%) Ladbrokes.com - http://www.ladbrokes.com
5. (4.88%) RacingPost.co.uk - http://www.racingpost.co.uk
6. (3.90%) National Lottery - http://www.national-lottery.co.uk
7. (3.57%) JackpotJoy.com - http://www.jackpotjoy.com
8. (2.14%) Ladbrokes Casino - http://www.ladbrokescasino.com
9. (1.96%) Bet365 - http://www.bet365.com
10. (1.94%) Cyber Slotz - http://www.cyberslotz.co.uk

mickeyskint - 31 Mar 2005 18:39 - 476 of 1117

Not my posting but I think he's right.

We have had just over a month of consolidation with most days being very quite
with regards volume. This is about to change, and I expect the break out to be dramatic.
Theirs several reasons for this

a) The growing strength of the 'findpoker' site.

b) Expected strong Interim figures with confirmation that the company is
currently generating big monthly profits.

c) The 10 million plus growing war chest.

d) Pre-result announcement of the Orange contract.

LOL

MS

e) Orange/GMC launch of its new mobile gaming vehicle, with national
publicity / large press articles, features. Will bring a whole new audience
wanting to invest in GMC.

f) Brokers upgrades / re-rating.

e) Further Institutional buying.

f) Stock shortage.

e) Chartwise - In a few days will be in a oversold position with the
MACD crossing.

f) Share buying ahead of the Interims (expected 14/4 following a telephone
conversation Justin Drumond said he would do his best to get them out for
then. ASAP)

BANKONE - 31 Mar 2005 19:17 - 477 of 1117

Mickeyskint excellent post - good news on all fronts. The hitwise ranking of first place above Betfair is great news. There is consistency with them being place first for the passed 3 months. Perhaps Mickeyskint will start posting as Mickeyrollinginit. Interesting that you can get personal calls into/from Justin Drummond. The one concern I have is WHY the sale of the warrants at this stage - surely they would be worth considerably more after the 14th.
Plus why are BROKERS selling their shares at 14p(late trades pm30/4)
Good luck.
PS what does LOL mean (loads of Lolly?)

mickeyskint - 31 Mar 2005 21:14 - 478 of 1117

LOL=Lots of luck.
Looking into the warrants and trades. Keep the faith but be prepared for some possible flat lining.

LOL

MS

jimmy b - 31 Mar 2005 23:32 - 479 of 1117

Hope your right Mickey , or your a banana ,im well down on these. Good post ..
.

brain2brain - 01 Apr 2005 12:20 - 480 of 1117

Still nurturing fairly heavy losses with this one as I got my timing totally wrong............ but if this rise continues it wont be long before the red numbers change back into black.

Fingers crossed.

B2B

mickeyskint - 01 Apr 2005 12:24 - 481 of 1117

Hang on in B2B it will happen...4/5 weeks (possible).

MS

BANKONE - 01 Apr 2005 12:27 - 482 of 1117

MickeyS and B2B its off again. Northwards now come Monday when the buying from the T+ come in may see 20p+ or Ballistic. LOL.

brain2brain - 01 Apr 2005 12:30 - 483 of 1117

It would be nice to think so MS. I don't usually get carried away with a share. But I did think I had made a real blunder with this one. In the end I might in deed be a very lucky boy. I surely intend to learn from this.

B2B

PS Are you watching NLR?
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