GAN update requestAfter GAN investor day just wondering if anyone’s feeling on this stock’s future and PT has changed? Also, this question to Travis: will you be adding to your position after this investors day or are you waiting for earnings?
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Have only skimmed the Investor Day materials so far, I’ll share my updated thoughts next week.
Long time reader first time poster! I’ve been trying to work out what this tease by Enrique Abeyta from Empire is, wondering if it is GAN :
“Instead of being the “house,” this microcap company focuses on being a supplier of technology to physical casinos looking to build out their own online gaming platforms and sportsbooks. It’s a “picks and shovels” play on sports betting.
Best of all, the company’s growth isn’t limited to its number of customers, but rather to the growth of the entire sports-betting industry. In other words, the more money the gaming companies make, the more this tiny company makes.
And with a market cap of less than $500 million, the opportunity here is staggering. In fact, I think over the next few years, this company could easily rise 200%, 300%, or even 500%.
That’s why we just published a brand-new presentation on this incredible opportunity. You can watch it right here.”
They also dropped a few hints in a video: they have 100 US based casinos using their proprietary software for online sports betting and gaming, went to court and won as another company was trying to use similar software and that the share price doubled in 2 months or so earlier this year.
GAN seems to fit the bill…
Hadn’t seen that pitch from Abeyta with the additional details, but based on Whitney Tilson’s video “presentation” pitch, presumably for the same pick, I agree that GAN is the best match. Just wrote about that here: https://www.stockgumshoe.com/reviews/empire-elite-growth/whats-whitney-tilsons-netstake-all-about-thinkolator-answers-about-the-netflix-of-sports-betting/