LONDON, January 17, 2019 /PRNewswire/ —
FN Media Group Gifts Safehaven.com Market Commentary
This is the stage where Las Vegas is transformed into something that transcends physical borders, and we’ve got the U.S. Supreme Court to thank you for opening up a massive sports gambling market that-for starters-will likely absorb the $150 billion that the American Gambling Association estimates is bet on sports every year in the U.S. Mentioned in today’s commentary includes: MGM Resorts (NYSE:MGM), Caesars Entertainment (NYSE:CZR), Madison Square Gardens (NYSE:MSG), Penn National Gaming (NASDAQ:PENN), GameHost Inc (OTC:GHIFF)
The beneficiaries are large and varied. Everyone from live in-game gambling operators, to casinos, sports clubs and gaming program makers are set to cash in their chips here.
Some are speculating that social media giants like Facebook (FB), Twitter (TWTR) and Google (GOOGL) will be clamoring to go into the sports betting business since they could easily take advantage of the large user foundations and infrastructure. However busy this distance becomesall stakes are on the home.
In May, the Supreme Court struck down a 1992 federal law that barred states from authorizing sports gambling. Now, many states are lining up to replicate something similar to the quarter of a billion bucks in sports bets which New Jersey took in only in October, or even better, the $528 million which Nevada earned in.
So while casino stocks, for example, flopped this year, analysts are expecting outsized gains going forward. Since Bernstein’s Vitaly Umansky notes,»the gaming space has shown, again and again, that should investors pick the right market, the right company, at the perfect time, outsized returns are possible».
Whether it’s a recognized casino giant angling for new flesh, a sports group that sees the green at partnering with all the gambling world, or a savvy small that sneaks into position itself as a end-to-end supplier of next-gen gaming solutions…
Here are 5 stocks which can get investors to the sport:
#1 MGM Resorts (NYSE:MGM)
The biggest casino operator in the USA, MGM pulls in more than $4 billion in revenue just from Las Vegas, but today its angling big for sports betting, surrounding it on all fronts.
In no uncertain terms, these guys are building a sports betting empire that is poised to wind up trumping their casino operations, according to their latest partnership deal with Major League Baseball (MLB), which also comes in our Top 5 list. Thus, MGM will be MLB’s official gambling partner, adding to the hotels company’s sports line-up, which included pro hockey and basketball.
Investors are also keenly watching how MGM’s partnership deal with Boyd Gaming is leveraged. BYD is among the biggest sportsbooks operators in vegas, and MGM will finally have access to the online and mobile gaming platforms-and vice versa-in some 15 states.
#2 Bragg Gaming Group, Inc. (BRAG.V; BKDCF)
This little-known company boasts the single biggest Facebook page in the online sports business, with 26 million fans who are sports fanatics. The Bragg Gaming Group is gambling that lots of them are prepared to pounce to a brand new sports gambling app in the 150-billion marketplace that just opened up.
Bragg is positioning itself as an end-to-end supplier of next-generation gaming options, transitioning from its conventional technology and AI enterprise. It is a transformation that is timed specifically to make the most of this critical moment for outsized chances in the sports betting market.
They plan on dealing in everything from casinos, e-sports and poker to sports betting, lotteries, B2B/B2C gaming technology and payment services, therefore Bragg is set to hit the floor running. Its secret weapon is its own GiveMeSport subsidiary, the proud owner of the 26-million-strong Facebook sports information page, which beats even ESPN.
Even better where time is worried, they are going to start their first game to this massive audience. It’s a new program that they have been holding back for years, waiting for sports gambling to be hailed.
The catalysts are mounting: Bragg has lately acquired Oryx Gaming, a turnkey gaming solutions provider for casino operators which include over 5,000 integrated games, such as from Tier-1 gaming operators. That is when Breaking Data became Bragg (BRAG.V; BKDCF) and got listed on the TSX Stock Exchange.
Bragg is a highly integrated gaming and networking company that leverages its cross merchandise and experiential platform to market its varied product package. Its sports betting arm will operate under the GiveMeBet banner, working pretty similar to Sky Betting and Gambling, that was sold to the Stars Group to April this year for #5.7 billion.
GiveMeBet will funnel GiveMeSport’s 26M consumers and perform to market them, beginning with sports gambling and then moving on to casinos, e-sports, poker, lotteries, B2B/B2C gaming technologies and payment solutions.
Thus, Bragg will have three gaming and media resources: GiveMeSport, Oryx Gaming and GiveMeBet-all to be high-value businesses serving high-growth markets.
The two GiveMeSport and Oryx Gaming are established machines. Since April 2017, Give Me Sport’s UK monthly visitors has increased by 5 million and now exceeds 30M. Revenue has grown by a healthy 30% clip.
#3 Caesars Entertainment (NYSE:CZR)
Give unto Caesar what is his… and the newly legal sports gambling bonanza is very likely to do just that. Casino stocks will be among the largest beneficiaries of the Supreme Court’s May ruling.
And one of the biggest specific catalysts is Caesar’s positioning of itself to obtain access to this wildly lucrative Japanese gaming market, after a Japanese judgment in July allowing Las Vegas-style casinos.
Dubbed the’mother lode’ for Las Vegas gaming companies because of the Japanese penchant for gambling, Caesar’s is expected to soar on this. But not just on this: The location means it’ll automatically have access to additional Asian gaming tourists.
The recent quarterly earnings also helped, together with CZR reporting $.0.03 earnings per share, meeting analyst expectations, with $2.19 billion in earnings for its quarter.
#4 Madison Square Gardens (NYSE:MSG)
As billionaire Dallas Mavericks owner Mark Cuban told CNBC right after the Supreme Court judgment on sports betting in May,»I believe everyone who owns a top-four professional sports team just essentially saw the value of the group double.»
The almost $7-billion market cap MSG, which possesses the New York Knicks and the New York Rangers, today seems to be undervalued.
And there are a number of big catalysts here. Longer-term, investors should be looking at the massive market potential for sport television and streaming rights right now.
However, the biggest thing on investor radar now is progress towards turning off MSG’s sports industry, for that it filed its first Form 10 on October 4th. The spin-off would indicate that investors can better evaluate the organization’s assets and future possible, as Forbes points out, giving both companies»enhanced strategic flexibility to pursue their own distinctive business plan and funding allocation policy».
Number 5 Penn National Gaming (NASDAQ:PENN)
Overall, it has been a rollercoaster year for Penn, but the brand new lease on life for sports betting changes matters.
This nearly $2.7-billion market cap casino organization is putting its biggest bet yet with a $3.1-million gamble that the house will win. The price is the biggest insider buy in 15 years. And it’s all about sports betting. Penn is planning to start sports gambling at five Mississippi casinos and its own Hollywood Casino.
Additionally, it got an increase in mid-November on information that it might get Detroit’s Greektown Casino-Hotel’s operations for $300 million from Cleveland Cavaliers owner Dan Gilbert, the founder of Detroit-based Quicken Loans.
That rollercoaster showing this season, also PENN’s miss on analyst estimates in quarterly reporting wind up rendering the stock quite cheap after working in the new potential of this sport betting segment and the casino company’s ability to grasp this chance.
Other companies that can’t be forgotten in the brand new gaming flourish:
GameHost Inc (OTCMKTS:GHIFF)
GameHost is a leading entertainment and hospitality supplier based in Alberta, Canada. The company operates four primary properties in the Alberta province, every offering slot machines, table games, high excellent hospitality and more meant to appeal to both casual gamers and committed gamers alike.
GameHost is well-known for providing dividends to its investors, a bonus for people who have stuck with the business through the years. In reality, its focus on increasing value for investors is made abundantly clear in its mission to reduce prices and improve offerings, making some of the maximum profit margins in the company.
By. Joao Piexe
**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
FORWARD-LOOKING STATEMENTS. Statements in this communication that aren’t purely historical are forward-looking statements and include statements regarding beliefs, plans, intent, predictions or other statements of future tense. Forward looking statements in this article include the gambling industry continues to grow; that a bigger investment chance than casinos may be in growth stocks like Bragg; that GiveMeSport’s brand new site will start with sports gambling before expanding into the other regions like casino games, e-sports, poker and lottery products; which Bragg Systems might have a system which will be accepted by players; it may leverage the Offer Me Sport fan base into sports betting through Bragg’s platform to drive adoption and expansion; that Bragg can protects its intellectual property; the magnitude of the potential sports gaming marketplace; that Oryx gives it the gambling platform to split into the online sports gaming and gambling market: that more states in the US will legalize sports gaming; and Bragg’s revenues will continue to increase; and also that the company intends to grow and acquire assets across the full spectrum of gaming verticals in multiple jurisdictions. Forward looking statements involve known and unknown risks and uncertainties which may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed or forecasted in those forward-looking statements. Matters that might impact the outcome of those forward looking statements include markets may not materialize as anticipated; gaming might not turn out to have as large a market as presumed or become lucrative as consideration as a consequence of competition or other factors; fans who like sport might not be converted to internet sports gamblers; Bragg may not be in a position to give a competitive product or scale up as thought because of prospective inferior online merchandise, lack of capital, lack of facilities, regulatory compliance requirements or lack of suitable contacts or employees; Bragg intellectual property rights applications may not be allowed and even when allowed, may not adequately protect Bragg intellectual property rights; and other risks affecting Bragg specifically and the gaming industry generally. The forward-looking statements in the document are made as of the date hereof and the Company disclaims any intent or obligation to update such forward-looking statements except as required by applicable securities legislation.
Risk factors for the online sports gambling industry in general that also impact Bragg including without limitation the following: Competitors may offer better internet gaming goods luring away Bragg’s customers; Technology changes quickly in the company and if Bragg fails to anticipate or successfully implement new technologies or adopt new business strategies, methods or technologies, the quality, timeliness and competitiveness of its services and products may endure; Bragg may experience security breaches and cyber threats; regulators may impose significant barriers to online gaming firms; Bragg’s business may be negatively affected if consumer protection, information privacy and security practices are not sufficient, or perceived as being inadequate, to prevent data breaches, or by the use of consumer protection and data privacy legislation generally; The merchandise or services Bragg spreads through its platform may contain defects, which may negatively impact Bragg’s reputation.
PAID ADVERTISEMENT. This communication is a paid advertisement and isn’t a recommendation to buy or sell securities. Safehaven.com, Leacap Ltd, along with their owners, managers, workers, and assigns (collectively»the Company») was paid by the profiled company or another party to disseminate this communication. In this case the business was paid by Bragg US million US dollars with this article and specific banner advertisements. This compensation is a major conflict with our ability to be impartial, more especially:
This communication is for entertainment purposes only. Never invest purely based on our communication. Benefits cited in our newsletter and on our website might be based on end-of- day or intraday data. We’ve been compensated by Bragg to run investor awareness promotion and promotion for Bragg. Therefore, this communication ought to be regarded as a commercial advertisement only. We have not investigated the history of the company. The third party, profiled business, or their affiliates may liquidate shares of the profiled business at or near the moment you receive this communication, that has the capability to hurt share rates. Frequently companies profiled in our alarms experience a large increase in volume and share price throughout the class of investor awareness advertising, which often end the moment the investor consciousness marketing stops. The buyer awareness marketing could possibly be as short as daily, after which a huge decline in volume and share price is likely to happen.
We do not guarantee the timeliness, accuracy, or completeness of this information on the site or in our newsletters. The info in our communications and on our website is thought to be accurate and appropriate, but hasn’t been independently confirmed and is not guaranteed to be correct. The information is gathered from public and non-public sources but is not investigated or confirmed in any way at all to make sure the information is correct.
SHARE OWNERSHIP. The owner of Safehaven.com owns shares and/or stock options of this featured company and consequently has an additional incentive to observe the featured company’s stock function nicely. The proprietor of Safehaven.com won’t notify the marketplace once it decides to buy or sell stocks of this issuer in the market. The owner of Safehaven.com will probably be purchasing and selling shares of the featured company for its own gain. This is why we stress that you run extensive due diligence as well as seek the help of your financial advisor or a registered broker-dealer before investing in any securities.
NOT AN INVESTMENT ADVISOR. The business is not licensed or registered by any governing body in any jurisdiction to give investing information or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional prior to making an investment. This communication shouldn’t be used as a basis for making any investment.
INDEMNIFICATION/RELEASE OF LIABILITY. By studying this communication, you agree to the conditions of this disclaimer, for example, but not limited to: discharging The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you’re solely responsible for any financial outcome that could come from your investment choices.
RISK OF INVESTING. Investing is inherently insecure. Even though a possibility of rewards exists, by investing, you are putting yourself in danger. You must know about the dangers and be willing to accept them so as to invest in any type of security. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities.
DISCLAIMER: Safehaven.com is origin of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and information dissemination supplier, which disseminates digital information through multiple online media stations. FNM is NOT connected in any way with Safehaven.com or some other company mentioned herein. The comment, views and opinions expressed within this release by Safehaven.com are only those of Safehaven.com and are not shared with and do not reflect in any manner the viewpoints or opinions of FNM. FNM isn’t liable for any investment decisions by its readers or subscribers. FNM and its affiliated businesses are a information dissemination and fiscal advertising solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment permits and may NOT sell, offer to sell or offer to purchase any security. FNM wasn’t paid by any public business mentioned herein to disseminate this media release.
FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains»forward-looking statements» within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and these forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. «Forward-looking statements» describe future expectations, plans, results, or strategies and are generally preceded by words such as»may»,»future»,»plan» or»intended»,»will» or»should»,»expected,»»anticipates»,»draft»,»eventually» or»projected». You are cautioned that these statements are subject to a large number of risks and uncertainties that may cause future conditions, events, or results to differ materially from those estimated at the forward-looking statements, including the risks that actual results may differ materially from those projected at the forward-looking statements as a result of different factors, and other risks identified in a organization’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You need to consider these factors in assessing the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements within this release are made as of the date hereof and FNM undertakes no obligation to update such statements.
Media Contact — FN Media Group LLC
U.S. Phone: +1-LRB-954-RRB-345-0611
Read more: dannycaliff.com