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.

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?)

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

LOL

MS

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

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

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

MS

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

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?

We've all been there B2B. Time your exit with NLR.

LOL

MS

The 3.5 mil are mine..I wish.

MS

I don't know if this has already been posted. From the other place.

Article was 1st posted on the site 24/03/2005

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.

LOL

MS

I think it has been posted previously - but it does no harm to remind us of its potential. Some good info contained within post

B

Up we go.

MS

Good volumes as well today

Next week could be very interesting.

MS

Got this today in the March monthly email I get from Hargreaves Hale. Thought it worth posting for all you Gaming types.

Online Gaming: Will The House Continue To Win?
One of the boom stock market sectors for the last year or so has been that of the online gaming companies.
Sportingbet has emerged as the online gambling blue chip (sorry!), whose market capitalisation is now
pushing 900m at 268p the stock was less than 40p at the start of 2004. Sportingbet owns a plethora of
sportsbook and casino-related websites and its crowning glory appears to have been the October 2004
purchase of Paradise Poker for 169m. Poker sites are enjoying probably the fastest growth rates of any
species of online gambling. Sportingbet has global turnover of over $2.5bn, with over 2m customers from 180+
countries.
Another great share price success story though it took a while to get off the ground has been NETeller, the
money transfer service favoured by many online gamblers and virtually all the significant online gaming sites.
Floated at 200p in early 2004, the stock slumped to around 160p shortly after flotation, but is now capitalised at
around 700m [586p].
Others who have hit the jackpot in stockmarket terms include Cryptologic, a maker of software for casino sites,
Fun Technologies, also providing technology to online gaming providers, and the stellar recent performance of
little Gaming Corporation, a UK network of casino sites, has seen its stock sky rocket from just over 3p to 13p
in the space of a couple of weeks.
So why all the excitement about this industry? I recently attended a highly informative conference organised by
brokers Durlacher and research house Edison which featured presentations not just from some of the
companies above, but also from brokers, research analysts and lawyers who operate in this sector.
I list the following statistics from the conference which suggest that online gaming is a sector with variety of
offering and significant long-term promise.
Jane Anscombe, Edisons online gaming analyst, cited the following points and statistics:
Worldwide online gambling revenues this year will top US $10bn, growing to well over $12bn in 2006
As much as 30% to 40% of online gamblers are female
Broadband connectivity will enhance and promote the experience
Online gambling products split roughly as follows:
Sports betting 35%
Casino 35%
Poker 22%
Bingo 3%
Other 5%
Consolidation will be a key feature going forward, as the market is global and the strong continue to
expand their brand and product portfolios, using their credibility to attract bigger participation
Nigel Payne, CEO of Sportingbet, made the following points:
The global gambling market (offline, not online) is growing at between 5% and 10% per annum
On the assumption that online gambling is worth $12bn, that is only 4% of the overall market
The online market is growing at 20%+ per annum
The online market is still hugely fragmented (cf. Edisons point about consolidation above)
Mr Payne sees the industry comprising leisure online entertainment portals including casino, sports,
virtual games, poker, bingo, backgammon and fantasy games
Over 60 countries now licence the industry.
The UK is going down the route of full regulation and a Gambling Act should impact soon
The question of law and regulation is key to understanding this sector. In terms of legalisation and regulation
of online gambling the UK is considered a (if not the) world leader. According to Tony Coles of Jeffrey Green
Russell solicitors, it is legal to locate, operate and promote online betting in the UK (subject to UK betting duty
and taxes). It is not yet possible to operate online gaming using servers located in the UK, but it is legal for UK
HH Ltd Monthly Newsletter 5 March 2005
citizens to participate and for offshore operators to promote their services (without incurring UK tax
liabilities). The Gambling Bill currently in the House of Lords proposes to regulate remote gaming in the UK for
the first time, and to liberalise the promotion of UK licensed online gambling services, but to bring those
services into the UK tax net (at a rate which is currently not known).
The big question mark overhanging the industry is clearly the US position on online gambling. Except internet
horse racing, the US does not regulate the industry and US citizens are technically banned (under the 1961
Wire Act) from gambling online, as online operators are banned from setting up shop on US territory. Whether
or not the supplier is based in a regulated overseas territory is deemed to be irrelevant.
A recent attempt by the State of North Dakota to legalise and regulate online gambling was thrown out by
Federal-level authorities, suggesting that the status quo for US online gaming will hold good for a while at
least. The whole area is a red hot political potato US Senators are under a lot of pressure from conservative
interest groups to keep the ban going. Many industry commentators think this is unlikely to change at least
short-term, although there would be a substantial tax incentive for the US government, argue the reformers. It
is worth noting that market fears about a liberalisation have hit sentiment particularly in NETeller, which is seen
by some as heavily dependent on US-based customers and therefore highly vulnerable to new competitive
threats in such a scenario. NETeller bulls counter that its substantial head start and customer base makes it a
juicy acquisition target for new US entrants. Interesting!
The other risks to the sector include money laundering (although bets are small ticket items) and computer
hacking (a perennial issue for any internet-based business), which prospective investors should bear in mind.
The sector, however, continues to thrive in stockmarket terms and observers widely expect a major new
addition this year of PartyGaming (with its Party Poker site), with a valuation mooted by some to be around
3bn.
Have the best of the early gains been made? Probably. But is this sector a flash in the pan? I do not think so.
We have seen the market share of online versus offline gambling is still very small. Ask internet gamers what
motivates them and you will hear fun, convenience, and variety among other things.
In summary, the instinct to gamble is ingrained into human nature this drive is now being exploited through
one of the most powerful and compelling distribution channels in history the Internet. I personally believe there
is much more to go for in this space.
The companies mentioned within the text of this section are categorised as either smaller or AIM listed
companies and should be considered as higher risk investments.
Guy Feld, March 2005
Company Bid Offer
Cryptologic Inc 1550p 1595p
Fun Technologies Plc Ord 5p 205p 210p
Gaming Corp Plc Ord 1p 13.5p 14p
Neteller Plc Ord 0.01p 603p 608p
Sportingbet Plc Ord 0.1p 265p 268p
*Data source is Global Topic 30/03/05

GAVDFC--thanks for the post--very encouraging this will be a multi bagger I'm sure!

Good post Gav, thanks for that.

MS

You're welcome guys. Hope it is of some interest and you get your multi baggers! Certainly is an interesting sector and one that I've really just watched from the sidelines.

Sorry I'm late with this BUT what an excellent piece of NEWS gavdc. Do you think it is conceivable that if GMC's 3p to now 15.5rise (500% rise approx) compared to SportingBets 40p to 268p (670% rise)would kick start at 14p the price the institutions got in it - multiply that 14p by 500% gives us a ballpark figure of 70p for GMC Not far away from EK 60p forecast. We could all own our own Casinos. In this for at least 2 years. A 19% (Hitwise ranking) slice of the $12bn is $2.4bn what price would that make GMC. Pinch me to see if I'm awake. Planning the Carribean holidays,the Porsches and the fast women already. Check in again on Monday Good luck to all.

Goldfinger do you think you could please edit your initial post at the head of this page so that with the graphs below if its not too much trouble so that we can see the charts when the Post is opened.