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MOTLEY FOOL SAYS GIGAMEDIA IS A GOOD BET
The current Motley Fool publication was looking at future investment Internet dream stocks this week, using criteria such as market caps of at least $100 million; three-year revenue growth rate of at least 15 percent; price-to-earnings ratios of less than 25 and gross margins of at least 50 percent.
And among the future winners emerging from its analysis was Grand Virtual and Everest Poker parent, the Taiwan group Gigamedia.
Motley Fool looked at Nasdaq-listed Gigamedia's attributes before commenting:
"Online gaming company GigaMedia is stacking its chips with its popular Everest Poker site; its revenue grew 56 percent year over year. And with its sponsorship of the 2008 World Series of Poker, the company will get immense exposure, what with its logo put on every tournament table and more than 300 million households around the world watching on ESPN.
"With the company's consistently high gross margins and a share price that is down nearly 30 percent over the past few months, some see GigaMedia as set to take off. At least 98 percent of the 1 827 CAPS members [at Motley Fool] rating GigaMedia see it that way, because they've picked it to outperform the market."
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Gambling News :
IGT Continues Partnership with Coljuegos EICE -
IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.
Magic Spells SLot Launches -
The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.
Lightning Box Games in Deal With Everi Games -
Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.
Another Attempt to Acquire Tatts -
The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer
Ladbrokes Trading Update -
The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:
Leovegas Player Wins a BMW X4 -
A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.
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