LONDON, January 17, 2019 /PRNewswire/ —
FN Media Group Presents Safehaven.com Market Commentary
This is the stage where Las Vegas is changed into Something Which transcends physical boundaries, and we’ve got the U.S. Supreme Court to thank you for opening up a Huge sports betting market that-for starters-will probably absorb the $150 billion the American Gambling Association estimates is bet on sports every year from 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 big and varied. Everyone from live in-game betting operators, to casinos, sports clubs and betting app manufacturers are set to cash in their chips .
Some are speculating that societal media giants such as Facebook (FB), Twitter (TWTR) and Google (GOOGL) will be clamoring to go into the sports betting business because they could easily make the most of their massive 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. Nowadays, many nations are lining up to replicate something similar to the quarter of a billion bucks from sports bets which New Jersey took in just in October, or even better, the $528 million that Nevada took in.
So while casino stocks, for example, flopped this year, analysts are anticipating outsized gains going forward. Since Bernstein’s Vitaly Umansky notes,”the gaming area has shown, time and again, that should investors pick the ideal market, the right company, at the perfect time, oversize returns are possible”.
When it’s a recognized casino giant angling for fresh flesh, a sports group which sees the green in partnering with all the gaming world, or a savvy small-cap that sneaks in to place itself as a end-to-end provider of next-gen gaming options…
Here are 5 stocks which can get investors into the game:
#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 now its angling big for sports betting, surrounding it on all fronts.
In no uncertain terms, these guys are constructing a sports betting empire that’s poised to wind up trumping their casino operations, according to their latest venture deal with Major League Baseball (MLB), which also features in our Top 5 list. So, MGM will be MLB’s official gambling companion, adding to the resorts firm’s sports line-up, which already included pro hockey and basketball.
Investors are also 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 its internet and mobile gaming platforms-and vice versa-in some 15 states.
#2 Bragg Gaming Group, Inc. (BRAG.V; BKDCF)
This little-known firm boasts the single biggest Facebook page at the internet sports business, with 26 million lovers who are sports fanatics. The Bragg Gaming Group is gambling that many are prepared to pounce on a new sports gambling app in the 150-billion market that just opened .
Bragg is positioning itself as an end-to-end supplier of next-generation gaming solutions, transitioning from its conventional tech and AI business. It’s a transformation that is timed specifically to make the most of this crucial moment for outsized opportunities 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 data page, which defeats even ESPN.
Even better where timing is worried, they are going to launch their first game to this huge audience. It’s a new program that they have been holding back for years, awaiting 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 suite. Its sports betting arm will operate under the GiveMeBet banner, functioning 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 users and perform to monetize them, beginning with sports gambling and moving to casinos, e-sports, poker, lotteries, B2B/B2C gaming technologies and payment solutions.
So, Bragg will own three gaming and media assets: GiveMeSport, Oryx Gaming and GiveMeBet-all to be high-value businesses serving high-growth markets.
Both GiveMeSport and Oryx Gaming are proven growth machines. Since April 2017, Give Me Sport’s UK monthly traffic has risen by 5 million and now exceeds 30M. Revenue has increased by a healthy 30% clip.
#3 Caesars Entertainment (NYSE:CZR)
Give unto Caesar what is his… and also the recently legal sports betting bonanza is very likely to do just that. Casino stocks will be among the biggest beneficiaries of the Supreme Court’s May ruling.
And among the greatest specific catalysts is Caesar’s positioning of itself to gain access to the exceptionally lucrative Japanese gaming market, after a Japanese ruling in July allowing Las Vegas-style casinos.
Dubbed the’mother lode’ to get Las Vegas gaming companies because of the Japanese penchant for gaming, Caesar’s is predicted to soar with this. However, not only on this: The place means it will automatically have access to other Asian gambling tourists.
The new quarterly earnings also assisted, with CZR reporting $.0.03 earnings per share, meeting analyst expectations, with $2.19 billion in revenue for its quarter.
#4 Madison Square Gardens (NYSE:MSG)
As billionaire Dallas Mavericks owner Mark Cuban told CNBC shortly after the Supreme Court judgment on sports betting in May,”I think everybody who possesses a top-four professional sports team just basically watched the value of the group twice .”
The almost $7-billion market cap MSG, that owns 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 sports streaming and television rights right now.
But the greatest thing on buyer radar now is progress towards turning off MSG’s sports business, for that it filed its initial Form 10 on October 4th. The spin-off would indicate that investors can better evaluate the company’s assets and future potential, as Forbes points out, giving both businesses”enhanced tactical flexibility to pursue their own identifying business plan and capital allocation policy”.
Number 5 Penn National Gaming (NASDAQ:PENN)
In general, it has been a rollercoaster year for Penn, but the new lease on life for sports gambling affects matters.
This almost $2.7-billion market cap casino company is placing its biggest bet yet using a $3.1-million gamble that the home will win. The deal is the biggest insider buy in 15 decades. And it is about sports gambling. Penn will launch sports gambling at five Mississippi casinos and its Hollywood Casino.
It also got an increase in mid-November on information that it might acquire Detroit’s Greektown Casino-Hotel’s surgeries for $300 million from Cleveland Cavaliers owner Dan Gilbert, the creator of Detroit-based Quicken Loans.
That rollercoaster showing this season, also PENN’s miss on analyst estimates in quarterly reporting wind up making the inventory fairly cheap after working from the new potential of the sport gambling segment and also the casino company’s capability to grasp this opportunity.
Other Businesses that can not be forgotten from the new gaming boom:
GameHost Inc (OTCMKTS:GHIFF)
GameHost is a top entertainment and hospitality supplier based in Alberta, Canada. The company operates four principal components in the Alberta province, every offering slot machines, table games, top excellent hospitality and much more meant to appeal to both casual players and dedicated players alike.
GameHost is famous for supplying dividends to its investors, a plus for people who have stuck with the company over recent years. In fact, its focus on increasing value for investors is made abundantly clear in its mission to decrease prices and improve offerings, creating some of the highest 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 announcements of future tense. Forward looking statements in this article include the gambling sector continues to grow; a bigger investment chance than casinos may be in growth stocks like Bragg; that GiveMeSport’s new site will start with sports betting before expanding in the other areas including casino games, e-sports, poker and lottery products; which Bragg Systems might have a system which will be approved by players; that it may leverage the Give Me Sport enthusiast base into sports gambling 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 gambling and betting market: that more nations in the united states will legalize sports gambling; and Bragg’s earnings will continue to rise; and 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 results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Matters that might impact the outcome of these forward looking statements include that markets might not materialize as expected; gambling may not turn out to possess as large a market as thought or become lucrative as thought as a consequence of competition or other factors; enthusiasts who like sport may not be converted to internet sports gamblers; Bragg might not be able to give a competitive product or scale up as thought because of potential inferior online product, lack of funds, lack of facilities, regulatory compliance requirements or lack of appropriate contacts or employees; Bragg intellectual property rights software might not be allowed and even when allowed, might not adequately protect Bragg intellectual property rights; and other dangers affecting Bragg specifically and the gambling industry generally. The forward-looking statements within this document are made as of the date hereof and the Company disclaims any intention or obligation to update such forward-looking statements except as required by applicable securities laws.
Risk factors for the online sports gaming industry in general that also affect Bragg including without limitation the following: Competitors may offer better online gaming products luring away Bragg’s customers; Technology changes rapidly from the company and when Bragg fails to anticipate or successfully implement new technology or adopt new business strategies, technologies or methods, the quality, timeliness and competitiveness of its products and services may endure; Bragg may experience security breaches and cyber threats; regulators may impose substantial hurdles to online gaming companies; Bragg’s business could be negatively affected if consumer security, information privacy and safety practices aren’t sufficient, or perceived as being inadequate, to prevent data breaches, or by the application of consumer protection and data privacy laws normally; The merchandise or services Bragg spreads via its platform may contain defects, which may negatively impact Bragg’s reputation.
DISCLAIMERS
PAID ADVERTISEMENT. This communication is a paid advertisement and isn’t a recommendation to purchase or sell securities. Safehaven.com, Leacap Ltd, and their owners, supervisors, workers, and assigns (collectively”the Company”) was paid from the profiled company or another party to disseminate this communication. In this case the business has been compensated by Bragg US million US dollars for this article and certain banner ads. This compensation is a major conflict with our ability to be impartial, more especially:
This communication is for entertainment purposes only. Never invest purely according to our communication. Gains mentioned in our newsletter and also on our website may be contingent upon end-of- day or intraday data. We’ve been paid by Bragg to run investor awareness promotion and marketing for Bragg. Therefore, this communication ought to be regarded as a commercial advertisement only. We haven’t researched the background of the provider. The next party, profiled company, or their associates may liquidate shares of the profiled company at or near the time you receive this communication, that has the capability to hurt share prices. Often companies profiled in our alerts experience a large increase in volume and share price throughout the class of investor awareness marketing, which frequently end the moment the investor awareness marketing stops. The investor awareness marketing could possibly be as brief as daily, and 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 website or in our newsletters. The information in our communications and on our website is thought to be accurate and appropriate, but has not been independently verified and is not guaranteed to be correct. The information is gathered from people and non-public sources but is not researched or confirmed in any way whatsoever to make sure the data is accurate.
SHARE OWNERSHIP. The owner of Safehaven.com owns shares or inventory options of the featured company and consequently has an extra incentive to observe the featured company’s inventory function well. The owner of Safehaven.com won’t notify the marketplace once it decides to buy or sell stocks of this issuer on the marketplace. The proprietor of Safehaven.com will probably be purchasing and selling shares of this featured company for its own gain. This is why we stress that you conduct 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 supply investment recommendation. ALWAYS DO YOUR OWN RESEARCH and check a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.
INDEMNIFICATION/RELEASE OF LIABILITY. By studying this communication, you consent to the terms of this disclaimer, for example, but not restricted to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and harm from the information included within this communication. You further warrant that you are solely responsible for any financial outcome that could come out of your investment decisions.
RISK OF INVESTING. Investing is inherently insecure. Even though a possibility of rewards exists, by investing, you’re putting yourself at risk. You must know about the risks and be ready to take them so as to invest in any type of security. Don’t trade with money you can’t afford to lose. That is neither a solicitation nor an offer to Buy/Sell securities.
DISCLAIMER: Safehaven.com is origin of content recorded above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination supplier, which disseminates electronic information through numerous online media stations. FNM isn’t affiliated in any manner with Safehaven.com or any company mentioned herein. The comment, views and opinions expressed in this release by Safehaven.com are solely those of Safehaven.com and aren’t shared with and do not reflect in any way the views or opinions of FNM. FNM is not responsible for any investment decisions by its readers or subscribers. FNM and its affiliated businesses are a news dissemination and fiscal marketing solutions provider and therefore are NOT a registered broker/dealer/analyst/adviser, retains no investment permits and may NOT sell, offer to sell or offer to purchase any security. FNM wasn’t paid by any public company 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 such 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 usually preceded by words such as”may”,”future”,”plan” or”planned”,”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 projected at the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements because of different factors, and other risks identified in a organization’s yearly report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should think about these factors in assessing the forward-looking statements contained 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 duty to update such statements.
Contact Info:
Media Contact – FN Media Group LLC
E-mail: editor@financialnewsmedia.com
U.S. Phone: +1-LRB-954-RRB-345-0611
SOURCE Safehaven.com
Read more here: http://www.468336.com/archives/3753