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GigaMedia Limited (GIGM)

  • Oct. 23, 2014, 2:17 PM
    • GigaMedia (NASDAQ:GIGM): Q3 EPS of -$0.09
    • Revenue of $2.47M (-35.0% Y/Y).
    • Press Release
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  • Jul. 29, 2014, 5:31 PM
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  • May. 13, 2014, 6:44 PM
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  • Apr. 10, 2014, 5:24 PM
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  • Mar. 21, 2014, 12:46 PM
  • Jan. 24, 2014, 12:47 PM
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  • Nov. 13, 2013, 5:52 PM
    • GIGAMEDIA (GIGM): FQ3 EPS of -$0.06.
    • Revenue of $3.8M (+4% Y/Y). (PR)
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  • Aug. 23, 2013, 6:33 AM
    • GigaMedia Ltd (GIGM): Q2 EPS of $0.00.
    • Revenue of $3.65M (-13% Y/Y). (PR)
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  • Jun. 10, 2013, 7:25 AM
    GigaMedia (GIGM) announces positive early results from an internal restructuring it completed last month. As part of its new direction, the company will focus on self-developed games and look to make acquisitions.
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  • Nov. 27, 2012, 3:21 PM
    Senator Harry Reid gives a little buzzkill to the idea a brewing bill to legalize online poker will ever pass muster with the Senate to create a booming coast-to-coast industry. The Internet Poker Bill (history, text) lacks the support of Republicans, according to the Nevada lawmaker.
  • Nov. 19, 2012, 12:59 PM
    A plan by Senator Harry Reid to limit online gambling to poker, horse racing, and lottery tickets is given a fighting chance to make it through Congress after Mitt Romney failed to win the Presidency. Before any federal framework is in place, Nevada will allow intrastate online poker play in a "proof-of-concept" demo on how states can regulate the activity. Gaming execs remain divided on the issue with proponents expecting brick-and-mortar casinos to realize big benefits from the speed of play and wider audiences online poker offers, while naysers see less liquidity in a game where it's rather easy for all the big fish (pros) to devour the small fish.
  • Oct. 26, 2012, 2:34 PM
    Nevada Governor Brain Sandoval sends a letter to Congressional leaders in support of efforts to legalize Internet poker under a federal framework. His state is the one of only a handful that have regulations in place to address online poker, but Sandoval maintains the industry has a "borderless element" state laws alone can't address. Potential players: ZNGA, CZR, BYD, PTEK, GIGM, EGT, MGM, WYNN, AERL, SHFL. (Previous: The ebb and flow on the push to legalize online poker)
  • Oct. 22, 2012, 1:45 PM
    As Governor Mitt Romney rises in the polls, industry insiders say the odds for legislation making online gambling legal in some form trail off. Though Romney hasn't been specific, his comment that he wants to make the Internet "family-friendly" is viewed as an indication he opposes opening up online play for cash. In the meantime, most gaming firms have been aggressively hedging their bets with forays into social gaming and non-cash playing options as they plan for the eventuality of Internet gambling. The outlier: Las Vegas Sands (LVS -0.9%) sticks to its guns that the industry is far better off with the status quo.
  • Oct. 3, 2012, 3:05 PM
    Legalizing online poker is the number one topic of discussion in Las Vegas at the Global Gaming Expo. Industry bigwigs are nervously waiting out the election before a major push for legislation gets cranking. Despite stiff opposition, the hope is that the threat collapsing federal and state budgets will make extra revenue irresistible. The stat that tells it all: 33M players worldwide will wager almost $35B this year on the Internet gaming outside the U.S.
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  • Aug. 22, 2012, 12:43 PM
    Online poker scored a major victory with a ruling from a New York court that found the game relies more on skill than chance. Though the ruling has an important local connection by tossing out a gambling conviction, it's also being hailed on a national level by the poker industry as potentially precedent-setting . At the table: ZNGA, CZR, MGM, BYD, PTEK, GIGM, EGT, WYNN, AERL, SHFL
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  • Aug. 9, 2012, 1:55 PM
    South Point Hotel and Casino in Las Vegas lands the first approval in Nevada history from the state gaming board for the rights to operate an online poker site from within the state. If all goes well for the company, a poker site could be up and running by October. If all goes really well for the industry, the move will spark a regulatory framework. Waiting to jump into online poker: CZR, WYNN, MGM, BYD. Smaller online gaming plays: GIGM, EGT, AERL, GLXZ, PTEK.
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Company Description
GigaMedia Ltd is a diversified growth company with online game operations in Taiwan, Hong Kong and Macau and a cloud computing software and services business based in Taipei.