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.

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.

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

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

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

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

Gaming Corporation PLC


Gaming Corporation PLC

Tuesday 3 May 2005

Acquisition of Gambling.com

The board of Gaming Corporation plc ('Gaming Corporation'), the owner of the
UK's number 1 gaming website
www.casino.co.uk,
announces the acquisition of
Newbold Enterprises Limited ('Newbold') the owner of Gambling.com.

Gambling.com is the global leader in casino, poker, and sports betting search
since 1997. Income is primarily generated through pay per click advertising
where clients bid to reach higher rankings in the search results, a model used
by other search companies such as Google and Overture.

Gambling.com is the number 1 listing on google.com for 'Gambling' search and has
over 500 other internet and affiliate sites linking to Gambling.com globally.

Gambling.com has extensive expertise in direct mailing and has built a double
opt-in database of over 200,000 members.

Gambling.com's proprietary technology includes an International and UK specific
pay per click bid management search engine. This allows advertisers to create
and self manage their search listing campaigns from online deposits through to
bid management and real time reporting. Like all the major pay per click search
engines, Gambling.com uses complex algorithms and strict editorial to maximize
efficiency for advertisers and end users alike. This technology also enables
Gambling.com to distribute their gaming related listings to other web sites thus
increasing their exposure and revenue earning potential. The technology can also
be licensed to operators in other industries giving them the opportunity to
create their own destination search sites

The consideration for the acquisition of Newbold is US$20million (10.5million)
to be satisfied as to US$15.3million (8.0million) in cash and US$4.7million
(2.5million) in new ordinary shares. A total of 17,375,244 Gaming Corporation
shares are being issued, of which approximately 7.38million are subject to a
lock-in of six months and the balance has been placed on behalf of the vendors
of Newbold with institutional investors. As at 28 April 2005, Newbold had a net
cash balance of over US$850,000, which implies an enterprise valuation for the
business of US$19.15milion (10.1million).

The financial performance of Newbold is summarised in the following table.


12 months ended 3 months ended
31 December 2004 31 March 2005
Audited unaudited
----------------------------------------------------------------------------
Gross profit US$3,387,458 1,782,873 US$759,857 399,247
----------------------------------------------------------------------------
Profit after tax US$1,530,037 805,283 US$458,592 241,364
Margin 45.2% 60.3%

Net assets US$4,535,037 2,386,862 US$5,003,997 2,633,683


Notes:

The sterling figures have been provided for illustrative purposes only. The
exchange rate used to convert US$ to is 1.90.

Justin Drummond Chief Executive said,

'This acquisition is a major step in the evolution of Gaming Corporation.
Gambling.com is the leading global online Gaming search brand and a very
profitable and fast growing business'.

'This acquisition forms part of Gaming Corporation's strategy of building a
portfolio of gaming brands that attract a worldwide audience.'

'We believe that bringing Gambling.com into our portfolio of gaming websites
will enable Gambling.com to grow at an accelerated rate with improved
profitability and create new revenue streams for our existing business'.

wilbs

Great news guys, cheers for keeping the board updated SeamusH the posts convinced to but another tranche this morning. Hoping it will tick up nicely towards the results. But this is a great long term investment now it has vertical integration with cash generative acquisitions!

What does anybody think the broker rating will come up with? Its got to be at least 20p for a medium term sp?

I think it's 29p but don't hold me to that. This is just getting stronger month by month with the risk grade coming down as well. You won't recognise this in 6 months.

MS

From the other place. Refering to the new acquisition.

hutch189 - 4 May'05 - 10:41 - 10274 of 10279


Drummond talking to sun city editor
"when the word gambling was entered into the google search website, gambling.com was the top address users were refered to.The site then directed punters to various types of online gaming including blackjack,poker and even bingo." Mr Drummond told sun city "basically, it means that if your running a poker or casino site you're going to have to talk to us."

MS

Hitwise Rankings for W/E 30th April:
United Kingdom

1. (13.76 %) Casino.co.uk - http://www.casino.co.uk
2. (9.74 %) Betfair - http://www.betfair.com
3. (5.09 %) William Hill Sportsbook - http://www.willhill.com
4. (4.76 %) Ladbrokes.com - http://www.ladbrokes.com
5. (3.96 %) RacingPost.co.uk - http://www.racingpost.co.uk
6. (3.48 %) National Lottery - http://www.national-lottery.co.uk
7. (3.19 %) FindPoker.com - http://www.findpoker.com
8. (2.79 %) JackpotJoy.com - http://www.jackpotjoy.com
9. (2.58 %) Pacific Poker - http://www.pacificpoker.com
10. (2.31 %) PartyPoker.com - http://www.partypoker.com

Sun City Column:

A BRITISH company has paid 10.5million to buy the internet website Gambling.com from its US owners.

GAMING CORPORATION led by one-time dotcom whizzkid Jason Drummond now claims to be the Google of gambling.

Mr Drummond said that when the word gambling was entered into the Google search website, Gambling.com was the top address users were referred to.

He said the site then directed punters to various types of online gaming including blackjack, poker and even bingo.

Mr Drummond told Sun City: Basically, it means that if youre running a poker or casino site youre going to have to talk to us.

Last week the company helped launch a gambling service with mobile firm ORANGE.

Mr Drummond said: This is growing at an incredible rate and generating very strong cashflow. Its a whole new marketplace.

Gaming Corp shares closed up 0.5p at 14.5.

It's looking good with the results out in a few days. On-line gaming is getting very big business. This one is worth a look at.

MS

That is the point I like Mickey when JD said that is growing at an incredible rate and generating very strong cashflow, which is all good in the long run.

The growth of GMC will be enormous in the next year, so patience will be rewarded.

The patient take money off the impatient.

Too true JT.

LOL

MS

Tomorrow should be interesting..........this week could see the breakout of the recent trading channel and back towards the 20p level.

A couple of interesting posts from the other side.

JackTheTrader - 6 May'05 - 16:23 - 10371 of 10392


Another angle on the recent acquisition:

Gaming Corp pays US$20m for gambling.com
UK publicly listed portal operator Gaming Corporation has paid US$20m to buy gambling.com from Jersey-based Newbold Enterprises, almost five times what Newbold paid for the site just twelve months ago.
Newbold paid US$4.25m to acquire the site from its founder Graeme Levin in late 2003, and made significant changes to its operating model.

The firm stripped out most of its affiliate ads, introduced a proprietary pay-per-click-driven search engine and made significant staff and technology efficiency cuts.

However, the speed of the resale has surprised many in the industry and Tim Rosenberg, gambling.coms managing director, said it was ahead of Newbolds strategic goals.

There was always an exit opportunity in mind, but not this soon, Rosenberg said.

We werent looking for an exit, and in terms of our day-to-day operations its not changed anything we are doing, albeit we are now going to have more resources, he added.

The deal comprised US$15.3m in cash, with the remainder made up of Gaming Corporation shares subject to a six-month lock-in.

Rosenberg, who will be retained as managing director of gambling.com, said the site would now turn its attention to marketing the gambling.com brand.

The firm has strong revenues with a gross profit of US$759,857 for Q1 2005, but the true value to Gaming Corporation is its international user base.

The firm, which also owns the casino.co.uk domain, recently bought US- and Asian-focused gambling portal Got2Bet.com and is looking to expand beyond its core UK market.


presneill31 - 6 May'05 - 18:41 - 10372 of 10392


gv

I am sure some of the later fund presentations made them aware of a major acquisition in the pipeline,so they are hardly likely to cancel their buy orders.

It is possible that the mm's may wait for the results hoping to keep the sp down on it's announcement,then hoping that a little dissapointment sets in, investors start selling,they then pick up as many as they can while a tree shake goes on they would also no doubt drop the price even further to increase their profit margin while filling the orders.

I dont trust mm's.......end

Alan

Can't help but think that these results are not going to set the world on fire. Just two days to go and I would have expected some buying. If the figures are already priced in, then this could be a long and painful summer.

Good morning

The results are out on Monday, and having recently spoken to JD I do think
that there will be a substantial re rating by the house broker next week.

Every one is awaiting the Interims and volume is down to a trickle. I have
just bought a further 80k @13.72p this morning.

With the growth rate that GMC are achieving I do not see much down side to
present levels.

Good news from the other place. Axe79 is really good and knows whay he's talking about. Unlike some others.

axe79 - 12 May'05 - 15:25 - 10471 of 10472


Just been in a discusion Re GMC.

It is expected that the Interim report will be made available 7.30am Monday.
The figures will make good reading,(for the retail market) and it is thought
probable that the SP could be marked up by 2pts pre market.

If the Canaccord Capital brokers report is made available simultaneously it
will ensure a positive start with heavy retail buying expected.

For the last 10 weeks the SP has been in a tight trading range, with the holders
from the previous 3p levels having either already taken profits, or holding for
the longer term. It is not thought that the liquidity will be enough to satisfy
even steady retail demand, so the MM's will find it harder to keep an orderly
market.

On top of the Interims the 'Orange deal' is expected to produce 3.15m first
years profits alone rising to 6.3m in the 2nd year.
Current market cap is estimated to be fair value in the 55 to 65m region

Would you advise taking profits if the rise is as you expect or holding?? I held last time and watched them slip back. It's a good company I feel and I wouldn't want to be left out of the long term prospects! decisions- decisions!