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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.

mickeyskint - 22 Apr 2005 16:22 - 622 of 1117

From the other place. This is looking good.

axe79 - 22 Apr'05 - 15:43 - 9766 of 9773


Have just got off the phone with Justin after a lengthy conversation.

He tells me that I can say the following.......

Orange. Was a slight delay due to Orange needing to give training to the
staff, is going live over the next few days. Press release to follow.

EGM. Has said that there is no immediate plans to issue the additional
shares that are being voted for. They are going to be held back for
use as and when they view further targets.

Interims. Due to recent acquisition Eyeconomy taken a little longer to get the
figures in, GMC's are done. Will be issuing an RNS early next week to
confirm the 1st week of May.

Brokers re-evaluation. Will come out at the same time as the Interims.

Institutions. Most of the big ones have expressed interest and the take up is high.

In talks with all the networks regarding mobile gaming.

blackbelt - 22 Apr 2005 16:52 - 623 of 1117

Cheers MS, im glad i resisted the temptation to sell these.......did you read the gaming section in Shares?

The magazine neglected the stream of good news the company has had
Acquisition
Orange deal and its potential
New Chairman
Five major institutions now on board
As well as the news your providing - A major rerating

I was a bit annoyed at its summation of the company

mickeyskint - 22 Apr 2005 17:10 - 624 of 1117

Yes I do think they could have been more up beat and mentioned your points. The risk with this is coming down, but it is a small gaming company so small investors will be cautious. Me.. he who dares makes the money.

LOL and have a good one.

MS

belisce6 - 23 Apr 2005 14:13 - 625 of 1117

wouldn't worry to much about it......as you probably noticed that all of the positive news was about the existing betting houses such as William Hill etc, and the other online betting firms that have taken off already.....so all in all - just standard news......GMC was perhaps the only one that had the upcoming 'mobile phone' gambling bit in it, so i think that when this manner of gambling takes off, it will be a different story.

Dynamite - 26 Apr 2005 07:47 - 626 of 1117

Gaming Corporation PLC


Gaming Corporation Plc ('The Company')

HOLDING IN COMPANY

The Company was notified on 25 April 2005 by FMR Corp, and its direct and
indirect subsidiaries, and Fidelity International Limited (FIL), and its direct
and indirect subsidiaries, that it had acquired an interest in shares that
resulted in it holding a total of 12,679,048 ordinary shares of 1p each in the
Company, being approximately 4.92 per cent of the issued share capital of the
Company.

26 April 2005



moneyplus - 26 Apr 2005 11:16 - 627 of 1117

I expect this one to take off again when Cassava and Party Poker floats come to market--people will see what a great oppotunity it is. IMO

mickeyskint - 28 Apr 2005 09:34 - 628 of 1117

Just to remind everyone tomorrow is the day. From the other place.

axe79 - 27 Apr'05 - 22:29 - 10040 of 10056


The 'funds' do not at present hold enough to carry the vote. They hold 39% of
GMC from the 100m that were made available to them, plus whatever they have
managed to acquire since. I don't believe the directors can vote on the motion,
and their is a slim chance that the funds (despite their efforts) might not be able
to carry the vote. I won't hold my breath on it though.

It seems still open, so Friday will be interesting! No public statement from the board meantime makes me think that I am on the right path with my appraisal.

GMC has 10m plus in cash reserves, and is able to publish Interims tomorrow
if they wished. Interesting that they are apparentely leaving it till after the
vote before doing so.

Now with the Institutions on board GMC is no longer dependent on the funding
from the private investors for future growth. Therefore dilution and stability is the
name of the game as GMC has the potential to grow into a market leader.

That is the heart of what the SP projections will be.

MS

mickeyskint - 28 Apr 2005 09:43 - 629 of 1117

The Orange tie up is now up and running. Are the games any good, read on. From you know where.

Brummy_git - 28 Apr'05 - 09:32 - 10059 of 10059


FYI - As an investor, I've now downloaded all the games from both the orange.casino.co.uk WAP and websites and successfully managed to play the games for both cash & fun.

For the benefit of everyone else on the board, IMO the mobile service is first rate

MS

blackbelt - 28 Apr 2005 09:49 - 630 of 1117

Cheers MS, what do you think will happen at the EGM?

mickeyskint - 28 Apr 2005 10:26 - 631 of 1117

I think the board will get it's way and rightly so. It is dilution, but this is a forward thinking company with large institutional holdings and a dynamic board. They are at this stage only seeking the power to issue more shares as and when required. And if they do go on the acquisitions trail, these shares could go towards that ie in part payment.

MS

mickeyskint - 29 Apr 2005 11:57 - 632 of 1117

Does anyone know what time the EGM starts?

MS

wilbs - 29 Apr 2005 12:00 - 633 of 1117

Gaming Corporation PLC


EGM Results

The Directors of Gaming Corporation plc announce that the resolutions proposed
at today's Extraordinary General Meeting were passed.


wilbs

paul1812 - 29 Apr 2005 12:00 - 634 of 1117

I think it's over re: news

Gaming Corporation PLC


EGM Results

The Directors of Gaming Corporation plc announce that the resolutions proposed
at today's Extraordinary General Meeting were passed.

mickeyskint - 29 Apr 2005 12:04 - 635 of 1117

Nothing suprising there. Now where are the results?

MS

wjordan - 29 Apr 2005 15:06 - 636 of 1117

Gaming Corporation PLC

29 April 2005

Gaming Corporation plc

Notice of Interim Results

Gaming Corporation plc, the owner of the UK's number 1 gaming website
www.casino.co.uk, will be announcing interim results for the six months ended 31
March 2005 on Monday 16 May 2005.

wjordan - 29 Apr 2005 15:08 - 637 of 1117

I always like it when results are announced to come out on a Monday - quite often means they have something positive to say and they want the maximum chance of the share rags / press picking up on the story.

mickeyskint - 29 Apr 2005 15:13 - 638 of 1117

Lets hope they're good, we've been waiting long enough for them. Might just see a climb in the sp from now on.

MS

SeamusH - 01 May 2005 13:02 - 639 of 1117

From the Sunday Times today:

The group that owns the Casino.co.uk website, Gaming Corporation, is to create the world's largest gaming portal site by buying gambling.com for more than 10m. The company is buying the site from Jersey-based firm Newbold Enterprises.

I almost choked on my cornflakes :-)

SH

moneyplus - 01 May 2005 22:53 - 640 of 1117

Great news-this one will grow like topsy! hope the sp continues on up too.

SeamusH - 02 May 2005 15:28 - 641 of 1117

Some interesting posts from the other side and my thanks to the contributors:


presneill31 - 2 May'05 - 09:19 - 10186 of 10193

Just a bit of background from the gaming.com website

Vision
Gambling.coms vision is to encompass all your gambling requirements in the most informative and efficient way possible whether you are searching for online casinos, the latest sporting odds, where to find a book on gambling or hotels in Vegas Gambling.com will help you find exactly what you are looking for.

Simply type your gambling related enquiry into the Gambling.com search field and click on the Search button you will then be presented with a list of sites providing all the most relevant gambling related information you are looking for.
...............................................................................
Gambling.com Restructures to Launch PPC Engine!
Passion for Pay Per Click July 26, 2004, London, UK The most influential website in the iGaming Industry has repositioned itself, after seven years of success, to become a Gambling only search engine, filling a massive gap in the market since Yahoo and Google left the space. Capitalizing on Yahoo and Googles policy to withdraw from this market, the new Gambling.com represents a total relaunch of the site, with an initial sole proposition of Pay Per Click (PPC) search in a clean, easy to use, Google style interface.

With Google and Overture no longer taking online gambling advertising, the need has arisen for a new concept in search for Gamblers a fast, reliable and easy to use gambling gateway. Gambling.com will provide users with the most accurate results possible, and advertisers with increased, pre-qualified, quality traffic. Gambling.coms powerful domain name means that, through natural type-in traffic, it already receives thousands of unique visitors per day and is therefore uniquely positioned to provide this evolutionary, industry specific service. And because Gambling.com will be operating a PPC model, advertisers will be able to bid on keywords at a price that suits their individual budget, offering them the greatest possible value.

The new Gambling.com employs a strict editorial policy, ensuring a keyword search will yield only what the user asks for, and not a list of marginally related, ad hoc information. As a result, the end user receives quick, relevant, meaningful results, and the advertiser gets pre-qualified customers who are likely to return. Gambling.coms proprietary search technology has been developed in-house over the last six months after the site was purchased from the websites founder in a multi-million dollar deal at the end of December 2003, making this the biggest single industry bet on PPC search.

Our new PPC engine is for anything gambling related, not just the traditional online casino listings. The Gambling.com vision is to become the primary destination for comprehensive and relevant search listing results encompassing all things gambling, from online casinos and sportsbooks, Vegas hotels and poker chip manufacturers to land based casinos and industry watchdogs. Advertisers can register and start submitting their listings at https://advertiser.gambling.com, said Tim Rosenberg, spokesperson for Gambling.com
.....................................................................................................................

I would be extremely interested to read some of the views on this.

Alan


axe79 - 2 May'05 - 10:12 - 10188 of 10193

Whilst the site only has 350,000 uses one important thing to note is that they
are ALL PRE REGISTERED. As such there is a important customer base that can be
used as well as a 1st rate dormin name.
If GMC has bought 'gambling.com' as the Sunday Times says it is likely that the
10m price tag has been met with a balance of cash and GMC shares @ 15p. This
would in part explain the rush for the EGM to vote for a further 100k reserves.

Following rapidly on the heels of 'Got2Bet.com' last month, it appears that GMC
are going for vertical intergration on a pay per click model. 'Casino.co.uk' has
now greater opportunity to develop itself into a site where more of its content
is contained within the developing 'GMC group'. Whilst Gambling.com's search
engine can be tweeked by Eyeconomy to transform the hit rates.

A few months ago there was talk of how much the name Casino.co.uk was worth. A
figure of 10m was thought to be a fair valuation for the name alone. The
stable of GMC's dormain names is 1st class, and unlike many handles out there
is not just restricted to 'Poker'.

A RNS can be expected to confirm the deal, let wait to see the details.


Poker Player - 2 May'05 - 10:34 - 10189 of 10193

I believe this to be a good move, but I am interested to see just how much they are paying for the site shares/cash.

REASONS WHY I BELIEVE THIS TO BE A GOOD MOVE

1.If Yahoo and Google are not including gambling sites in their search criteria then I believe this to be a very good move. As Gamble.com can surely charge a higher rate for PPC to its clients.

2. With more and more casino, poker and gambling sites opening up everyday, they will all want to be on the only search engine that covers gambling sites.

3. The institutions are obviously happy with this move as they must have known in advance and seen the figures in JD's presentation and have continued to BUY so this must be a good move.

4.GMC said they will ONLY PURCHASE PROFITABLE COMPANIES I am sure that Gamble.com is making a healthy profit.

THEREFORE THIS COULD BE A VERY GOOD MOVE !!!!!!!



axe79 - 2 May'05 - 11:52 - 10193 of 10193

Good 'Bank holiday' morning. Just taking a break from mowing the lawns!

Alan, can only give you my thoughts, but like every one elses on these boards
please make your own mind up.

Q 'What is LIKELY to be the market reaction to the rumour, and the timing of
it while the funds are still "hoovering", and in the lead up to results'.

As I am NOT trading GMC I am not bothered at all. At this time it is like
playing that old party game of 'trying to pin the tail in the donkey.'
GMC has been, and still is in a consolidation phase. It is going to take
fresh retail demand to move the SP, when that starts the SP will rise. I do
not know when that will be, but believe it will be soon. Canaccord Capital
are the most experienced NOMAD in this sector so GMC will be getting the best
advice available.

Q 'Why the importance of buying a .com'

It is a 'world wide' search engine, not just a UK based one.

Q 'Is this good for the sp?'

Until some further details are given the shareholders can only have confidence in the board and there business judgement. I have been personally told that
GMC are focussed on the SP values and they are being very selective in looking
for earning enhancing acquisitions. However it will take time for the potential
of them to show through to the bottom line.

The interim report and chairmans statement will be solid news that should give
depth and clarity to both the current and unfolding positions of GMC. 2 weeks to go!


-------------------------------------------
And to ensure neutrality there are also some posts which think this is a bad move (if the Times snippet is correct) and that 10m is too much to pay and will erode capital from existing shareholders. However, these posts do not contain the same level of detail as the ones I've re-posted above.

I've given up trying to predict any movement in the SP and am mindful that even with this "news" we could easily remain static tomorrow. Still, as long as it's not more red on my portfolio...

SH
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