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.

A lot of info about today.

Online flutters fuel new dotcom boom

The tech sector is on the rise again - this time led by websites offering rich pickings to the internet gambler

Nick Mathiason Sunday April 3, 2005 The Observer

Dotcom frenzy is back. Blue-chip investment banks are queuing up to explore multibillion-pound flotation opportunities and investors are chomping at the bit to back technology businesses.

Five years after the dotcom bubble burst, a new breed of internet firms is set to storm markets.

There is, though, one big difference from the last bubble. These e-businesses are from one specific sector - gambling. They are based almost without exception in tax havens and are wildly profitable. What's more, they are only at the foothills of a growth curve that could soar, over the next five years, to unimaginable heights.

The City''s love affair with internet gambling began last January. Then Party Gaming, which owns Partypoker.com the world''s biggest internet poker firm with 5 million registered users and a 55 per cent
market share - intimated it was looking to float. Based in Gibraltar, it is expected to issue shares in May creating a ?3 billion public company and, in one leap, enter the FTSE 100.

Its four owners - all in their thirties - include the former internet porn businesswoman, Ruth Parasol. Between them they stand to share well over ?1bn, depending on how much they intend to plough back into
the business.

Party Gaming is likely to be the first major internet business to float. Snapping at its heels will be Cassava Enterprises, which owns another poker site, 888.com, and could raise close to ?1bn. It is owned by two Israelis and is again based in Gibraltar, escaping tax.

The firm has Credit Suisse First Boston advising it and Cassava''s management believes the presence of so-called bulge-bracket banks in the sector shows internet gambling has come of age.

Meanwhile it emerged last weekend that Betfair, the betting exchange that allows allows punters to be bookies, has hired NM Rothschild to advise it. Betfair is the gambling business success story of the
decade, the the Ebay of its field.

While many see its move to hire Rothschilds as a precursor to a float that could see its founders - ex-City trader Andrew Black and former investment banker Edward Wray - share a ?700 million windfall, most gambling industry experts believes there needs to be more certainty over its potential tax liabilities before this can happen. The Treasury is currently exploring whether to tax those who lay a
bet with it in the same way that high street bookies are taxed. This would dramatically undermine its appeal to punters.

But as a measure of how powerful internet gambling can be, Sportingbet last year paid $297m (?156m) for rival website Paradise Poker. The move saw its share price double.

The electronic gambling bandwagon could still have a long way to go. There are two new frontiers. The first is China. The rocketing growth of Macau as a casino destination has internet gambling bosses
drooling. The tiny enclave on the south-eastern coast is only a 90-minute boat trip from Hong Kong.

The Chinese have taken to gambling with gusto. It is said that the ?100m investment stumped up by billionaire Sheldon Adelson in the Macau Sands casino has been paid back almost within a year of
opening. He now plans to recreate the Las Vegas strip in Macau.

Just 6 per cent of the Chinese population has access to the internet, but as technology spreads so the numbers tempted to gamble will spiral.

China is currently cracking down on illegal operators and is concerned at losing money from cross-border casinos. Despite this, representatives of the leading operators are all in regular contact with Chinese authorities. Progress is slow, but one boss of a leading poker site said they were prepared to operate under a
heavy tax environment because the volume of trade would be immense. Another says: ''There will be relaxation. It will be gradual. It will be masterminded by the authorities. We''d obviously like the pace
to be quicker.''

The second frontier is America, although there are huge legal hurdles to overcome. The US attorney-general has said internet gambling businesses taking cash from American citizens is against the law. If
internet firms open businesses in America they will be arrested. But this does not stop most companies taking cash off American internet poker players.

The industry appears to be playing a high-risk game of ''chicken'' with the US authorities. At any stage they could act against internet gaming firms. But since a number of major US banks are advising internet firms on the potential to float in London, the US could be forced to clarify its position.

The British government, meanwhile, wants the UK to be the world''s hub for internet gambling. It wants to tempt businesses who pay no tax in Gibraltar back to Britain, in return for a kite mark that will act as a confidence boosting measure for punters. The current Gambling Bill would regulate internet gambling for the first time, bringing it under the auspices of a new Gambling Commission.

If the bill is passed, the Treasury would then create a tax environment for businesses which currently pay no tax. To get them onshore, this would have to be less than 5 per cent.

In return, the government would get employment, corporation tax and VAT. Whether this would be enough to tempt what is
still regarded as a shady industry onshore is still unclear.

This news just in should kick start the day !!



Gaming Corporation PLC


Gaming Corporation plc, the owner of the UK's number 1 gaming website

www.casino.co.uk,
announces that it has signed a contract with Orange, to launch
a fully interactive mobile cash gaming service on the Orange World WAP portal.
This service is due to be launched this month.

The service which has been developed over the past 18 months will include nine
state of the art java games including Blackjack, Roulette, Stud Poker, slots and
scratch cards, and will be available for both practice and real cash play.
Registration and deposits can be made via the mobile handset.

Age verification for cash players will be in accordance with the mobile
industry's own Code of Practice, with player deposits being initially restricted
to valid credit card transactions only. In addition maximum bet sizes, daily
limits on user deposits and advice on cash gaming will be available in order to
help prevent irresponsible usage.

The contract covers the provision of content to the WAP site and a broad suite
of java based games. This service will be promoted on a revenue sharing basis to
the users of Orange World.

Commenting on the launch of the new service Justin Drummond, Chief Executive of
Gaming Corporation plc, said,

'The potential worldwide market for mobile gaming is huge and predicted to grow
to over US$8.6 Billion(1) in 2006'.

'with our first mover advantage Gaming Corporation is now well positioned to
take a significant share of the rapidly growing UK mobile gaming market'.

(1) Source: Datamonitor

Notes to editors:

About Gaming Corporation plc

Gaming Corporation is a leading interactive Gaming Company. The company's
flagship gaming site
www.casino.co.uk
achieved in excess of 2 million unique
visitors in January and in March was ranked the number 1 gambling website on the
weekly Hitwise rankings.

CONTACT: Gaming Corporation plc
Justin Drummond, Chief Executive, 020 7618 9000
or
Damion Greef, Communications Director, 07736 381 030
or
Trevor Phillips, Holborn PR, 020 7929 5599
or
Mark Ashurst. Canaccord Capital, 020 7518 2777

Results and acquisition still to come as well, don't forget!!

L2 anyone please?

When are results,please?

MM's don't you just luv them!

MS

14th I think.

MS

Why hasn't this ticked up a little more today? Buy on rumour sell on news? Does anyone anticipate movement this afternoon?

Ah the midas touch clearly ...

From the other place.

Hi,

This is an absolutely excellent announcement from Gaming Corporation. I thought it worth sharing some further facts about this deal.

The Java games work on 2.5G technology.

The deal is expected to be worth 6.3m in the first year.

The deal is on a 50:50 revenue share basis between Orange and Gaming Corporation.

It is anticipated that the revenue will double in the second year of the deal.

Best Wishes,

Mr K

Is Mr K the dreaded one?If so,is this a hint that he's going long on GMC?
Thanks for your reply to my question.
If the results are good the sp should stay unmoved or go down re.YOO,Neteller etc!!
I hate the manipulation and silly selling going on at the moment.This is crazy .Any share that has seen a recent rapid rise in sp is horribly vulnerable to shorting.So,sell on good news???HELP...If Mr K is really long what is the target price short term?

Ethel

I think MS is refering to the "other place" where amongst all the dross and bickering you can actually pick up some decent analysis and research - only trouble is it takes you 3 hours to read the days listing unlike here where poor posters are few and far between.

Mr K is simply his sign-off, his user name is mrkournikova and should not be mistaken for the evil one :-)

EK has previously stated that he is long on GMC and targets a 50-60p price. That was, however, before the upsurge to 20p+ and then the fall back, so who knows what his latest position is.

No RNS out to say he has sold his large chunk of shares--I believe he is a very major shareholder so I hope we are safe from his evil ways!!

Today (uk) is 'D-day for casino's'. "The governments new contraversial Gambling Bill, ushering in new Las Vegas-style supercasinos, will collapse or become law"(Evening Standard). This could have major implications for future online gambling, post May 5th, since Conservatives are fundamentally against the 'social harm' of gambling and Labours own culture secretary Tessa Jowell is cautious (to say the least) of increasing current incumbant casino's limit of slot-machines despite the possibility of a 'vegas-style' invasion.
Later today will therefore highlight the current govt.s attitude towards gambling as a whole and may create a more transparent picture of how they may react to any future online gambling negotiations.
I would expect a compromise to be reached today, and, providing Mr Howard is not PM next month, a similar (if not less campaign-orientated) compromise to be made towards future online gaming facilities. After all, gambling is what people do and no alleged 'socialist' govt would consider impinging on the enjoyment of the masses.
Yesterdays Orange announcement is not, imo, in the GMC price. City folk may be observing regulatory procedings before this share heads for further blue sky. It is a highly politicized issue in both the UK an US. Any favourable movement may open the floodgates.
tau.

More good news ;-

"Gaming Corporation PLC


6th April 2005

Acquisition of Got2bet.com ('Got2bet' or 'Go2bet.com')

The Board of Gaming Corporation plc ('Gaming Corp' or 'the Company'), the owner
of the UK's number 1 gaming site
www.casino.co.uk,
announces the acquisition of
Got2bet.com, a leading international Gaming portal.

Got2Bet is one of the most recognized and innovative online gambling portals.
Established in March 2000, Got2Bet is a key source of online casino information
in English and Chinese, with extensive online casino reviews and ratings, news,
and message boards.

For the six months ending 31 January 2005, Got2bet.com generated a net profit of
US$106,340.

Consideration of US$270,000 for the acquisition will be satisfied in cash with
an initial payment of US$120,000 and three equal instalments of US$50,000
payable two months, four months and six months after completion. Further
payments calculated as 50% of the first 6 months profits will also be paid as
part of the consideration.

Got2Bet's pioneering concepts include the progressive jackpot tickers and pull
downs which are now seen all over the internet. Special contests and promotions
are staged on the site such as the Mystery Casino promotion (in conjunction with
Casinomeister.com). Got2Bet was also the first gaming portal to feature a free
Flash-based casino. Its latest innovation was the online ad space auction (with
Casinomeister.com) in which the two sites raised $111,000 from winning bidder
Intercasino.com for tsunami relief efforts.

The founder of Got2Bet, Ted Loh is recognized as one of the leading experts in
the online gambling industry, and in particular for his extensive knowledge of
the Asian market. He has spoken and moderated sessions at more than 15 gaming
conferences in the past three years on topics ranging from Asian marketing to
mobile gambling and affiliate marketing, and has made presentations on Asian
land-based gambling as well.

Justin Drummond, commenting on the acquisition, said;

'Got2bet has an international customer base which opens a new market place for
Gaming Corporation; the application of our technology, marketing and sales
infrastructure will allow Got2bet to grow substantially over the coming months.'

'We are very excited to be working with Ted, who is widely regarded as an
industry expert; his advice and knowledge of the online gaming market with be of
significant benefit to the Group'.

Ted Loh Commented:

'Got2Bet will benefit strongly from the extensive resources that Gaming

Corporation has at its disposal.'

'I am excited at the prospect of working closely with Gaming Corp to take
Got2Bet to new heights which simply would not have been possible without their
support.'

Further to our stated strategy of acquiring profitable online gaming operations
the Company will be seeking shareholder approval for authority to issue and
allot further new Ordinary Shares.

Notice of an Extraordinary General Meeting of the Company at which the
appropriate resolutions will be proposed is therefore being posted to
shareholders today.

For further information please contact:

Justin Drummond, Chief Executive, 020 7618 9000
Damion Greef, Communications Director, 07736 381 030
Trevor Phillips, Holborn PR, 020 7929 5599
Mark Ashurst. Canaccord Capital, 020 7518 2777"

"

Why on Earth do they need extra shares already? Not happy.

Paulo2 I agree approx 150,000, they should be able to pay for that (out of their back pocket) from the interest on the 10m. WHY dilute the value of shareholders shares by issuing more shares. Sounds Fishy to me. Do CREST holders of this share get the circular as of right or not.

Thats was an excellent release so why is everyone selling, Asian and Chineese connection is concentration on mass gaming markets. Maybe the bit about the EGM. Is this what the company wants to get rid of the smaller investor and to concentrate on the Institutional backing. 15p to buy so fill yer boots. DYOR

Must be some big buy orders in the background as the sales to buy ratio is 10 to 1 and no tick down. Last couple of days trading have been very strange. EK's due to post again this afternoon and I will be interested to see if he has anything to say about all this. He's been very quiet of late about GMC even though he was meant to have had one of the Drummonds around to Evil Towers for dinner recently.

What is happening behind the seens in this share a major deal with orange, acquisition of a profit making firm effectively opening up an immensely profitable market!

Also, it appears

"the passage of the UK gaming bill looks to have been assured by an amendment in the number of proposed 'super-casinos'" (AFX)

Im tempted to pick up more before there is big move northwards but dont have any spare cash.........