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.

Found this piece of news on the web from the other day........the company is doing so much behind the scenes I think we are just gonna have to wait until they burst into the black for them to be fully appreciated, which should happen very soon.

Ongame Group signs licensing agreement with Gaming Corporation plc
The Sweden-based online poker network Ongame Group said on Tuesday (26 July) that its subsidiary PokerNetwork had signed a licensing agreement with the United Kingdom gaming portal operator Gaming Corporation plc.

Under the agreement PokerNetwork would provide one software program to Gaming Corporation.

Another update for the BB,

Gaming Corp launches new casino available both online and on mobile phones

21 July 2005

LONDON (AFX) - Gaming Corporation PLC, the owner of www.gambling.com and www.casino.co.uk , said it signed a deal with Virtue Fusion to develop a multiplatform casino that will be available both online and on mobile phones.

The company said that with such a high percentage of the population owning mobile phones, the deal not only enhances its product portfolio but also expands its market penetration.

The new casino, which will be located at www.games.casino.co.uk , includes fifteen online casino games and nine mobile java games such as Blackjack, Roulette, Stud Poker, slots and scratch cards.

'The online games are flash based, meaning that there is no requirement for a lengthy download each time a player logs in to the casino and it is unaffected by firewalls,' said the company.

The casino games will be available for both practice and real cash play.

I feel a bit more content with the tick up at least it hit a higher low and seems to be heading up north slowly again.

cheers bb-looking very positive for results in November and we may get a trading update before then. I hope to keep adding while things are quiet.

good articles on the success of online gambling in the Times today--there's a line of companies looking to float. I'm happy to sit in this one.

anyone have any idea what is going on with this one ???

Lack of news driving the price down to bring the buyers back! Im quite annoyed with this one but gonna sit tight for the results in November! its a good buying opportunity as im sure it will bounce back soon! The institutions all got in about these levels a while back so im sure they will think about topping up their holdings

just read that Evil Kneivel has lightened his long on GMC (on Monday).....
-although he still has a substantial amount on them
-says that he has lightened it cos although it is a quality stock, it is in a bear sector (as far as he is concerned).

so perhaps a bit of a false alarm.....

Something going on here this morning perhaps? Good buying volume including a MM deal for 400,000. Stock up 4% at the time of post.

pth

L2 also looking good at 4 v 2

L2 now 5 v 1, should be another tick up soon.
As you can see from the chart, the stock is oversold (Boll bands / RSI) and has bounced off support at 12p. Results are due in September, so possibly the start of the run up.

pth

L2 now 6 v 1. Two more MM buys at 50k. Only MM with any stock appears to be TEAM, once they are out it is game on!

pth

I agree pth! As i thought the price was driven down to the support level to bring the buyers back in. Last times bounce of the bollinger bands was powerfull this looks to have kick started a similiar run as you say in perfect harmony for the results! This has missed out recently in the rise lets hope we are making up for lost ground

slow drift back lately-maybe overshadowed by the big boys-hoping for good news soon!

Having a good day again, seems to be regaining some momentum over the last week or so.

pth

anyone think this one will be gobbled up as consolidation is expected in the sector--a nice plum for one of the bigger companies. are the next results in Nov anyone know?

Got out this morning before the mass exodus and raping of the sector! Might get back in on this one but severely pissed off with the performance of this as of late. Good luck to any remaining holders

Make of this what you will. From the other side. EK is still long with a reduced holding


jack1822 - 7 Sep'05 - 15:58 - 13321 of 13325


Duck you suckers

Gaming Corp, one of the sector's smaller players, rose 1p to 13.75p after Arbuthnot Securities urged investors to buy into the group, slapping a 21p price target on the stock. It expects Gaming's full-year results, due in November, to reveal pre-tax profits of 500,000. Given the strong trading at the group, this forecast could prove to be too conservative.

The Independent

LOL
MS

Time to get into GMC now, this will steadily rise up to results.

I think we're on the move. 7+% today so far. It looks like the MM's are letting it go. Results should be out november. I do see this as a multi bagger (in time). Let's hope it's not another false dawn.

MS