Online Casino News - Update: Turnaround Strategy Applied by GigaMedia
11th of February 2012 Author: Glo Wood
Board claims the strategy is gaining momentum
The latest news from GigaMedia Limited, the online gaming software and services provider who develops and operates online games in Asia and retains a 40 percent equity interest in Mangas Everest ("Everest Gaming"), involve news that the company has regained its NASDAQ Stock Market minimum bid price listing requirements, so it is able to maintain its listing.
It seems like the company’s turnaround strategy, employed after the weak results in the last fiscal report, has been working. In addition, the company announced that it plans to focus on mobile and social gaming.
According to the company’s new CEO John Stringer, the management’s plans, which include clear objectives, effective cash management, maintaining the NASDAQ listing and executing a new strategic growth plan, have been moving forward. He also specified that the company is currently in the process of merging its Hong Kong offices.
Still, the company’s headquarters will remain in Taipei, Taiwan.
Gambling Law & Society News General Gambling News
19th of October 2013
12th of March 2013
Got to love markets just announce your using a strategy and stock prices go up. I like the objectives and plans but if they don\'t work...
19th of August 2014
18th of August 2014
6th of August 2014
28th of June 2014
8th of August 2014
24th of June 2014
21st of July 2014
Disclaimer Contact Us Privacy Gambling Help Site Map
LatestCasinoBonuses.com © 2006-2014
Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
PLUS join now and get...
100% up to $1000 PLUS 25 free spins! Sponsored by ClubUSA Casino, US OK.
View more information here