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GameAccount Network - Interesting fast growing new issue

December 2013

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • GAME
  • Price:
  • 142.5p
GameAccount Network (GAME; 142.5p) is well positioned from the opening up of US gaming. It is a fast growing software provider in the online gaming industry. It was founded in 2002, a year after rival Playtech (PTEC; 700p) and although it is achieving nothing like Playtech's headlong growth, it now powers a growing array of casino, poker, bingo and skills gaming websites for 16 licensees. The company licences its software to user-facing gambling website owners in return for a revenue share (it's also an operator itself - licensed to do so at MoneyGaming.com). Most licencees are in the regulated European markets where customers include PaddyPower, William Hill and Rank  but it is well placed to pick up US ones and just signed up its first ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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