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Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."


TSXV:IGAM - Post by User

Post by Wangotango67on Nov 20, 2015 1:11pm
62 Views
Post# 24309891

Tonkawa's contract 600 slot machines = $5-$6 million EBITDA

Tonkawa's contract 600 slot machines = $5-$6 million EBITDAPYD NOW HAS - 2400 SLOT MACHINES -  WOW !

So if Tonkawa's contract has 600 deployed machines and fetches = $5 - $6 million EBITDA

- YESTERDAYS NEWS RELEASE -
This NEW  - 150  - slot machine deployment - is a superb placement - and I wonder what these slots will fetch in EBTIDA's.

Do shareholders use an averaging and guess that it will be 25% of Tonkawa's ?

If so - then such contracts with 150 slot machine deployments will rack up the revenues fast -

I've also noticed that there\s several other listed gaming companies use just the EBTIDA's of revenues when stating what they draw in - came across another company last night that only used the revenues in gross numbers - the nitty gritty of the finacials was placed on sedar - so as i keep researching this out - maybe this is a norm only stating EBITDA's ?


- RECAP -  expansions -

PYD Now has - 2400 slot machines - and the best part ?

Most of these - 150 slot machines - are already deployed - this is a huge change in pressing news - meaning - PYD is now securing the contracts and deploying the machines and then - releasing the news -

THIS IS HOW NEWS SHOULD BE PRESSED - WITH EXACTING - DEFINITIVE RESULTS
 ( thank you - thank you )

NO WAITING - NO GUESSING - NEWS THAT IS ALREADY A DONE DEAL -
THANKS PYD TEAM !


Such resent news - placing  150 SLOT MACHINES in another NEWLY OPENED CASINO -  increases the odds of having a good draw of consumers -

Yes... such perfect news - especially before the much anticipated - Q3 -

In fact - I was just reading the Q2 highlights- and also noticed these attributes - which certainly rings true to the news today - HERE IS A QUOTE FROM Q2 - that has come to fruition - with yesterday's news release - Poydras has captured another Casino's with - 150 slot machines - 

" Moving forward we will focus on integrating Integrity's business with our operations and further realizing the benefits of this acquisition, as well as exploring accretive expansion opportunities with new customers and in new markets."

Now that PYD has the Integrity companies secured - i read in the Q2  finacials on PYD's website that Pyd is now recieving better attention from big suppliers and getting noticed in this industry - thats a good sign - PYD  gaining notarary in the gaming industry -

Congrads PYD Team !

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