LONDON, January 17, 2019 / / PRNewswire/ —
FN Media Group Presents Safehaven.com Market Commentary
This is the point in time where Las Vegas is transformed into something that transcends physical boundaries, and we have 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 that the American Gambling Association estimates is bet on sports Each 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 diverse. Everybody from live in-game gambling operators, to casinos, sports clubs and betting app makers are set to cash in their chips here.
Some are even speculating that societal media giants like Facebook (FB), Twitter (TWTR) and Google (GOOGL) will be clamoring to enter the sports gambling business because they could easily take advantage of their massive user foundations and infrastructure. However crowded this distance becomes, all bets are on the home.
In May, the Supreme Court struck down a 1992 federal law that barred states from sports gambling. Now, many states are lining up to replicate something like the quarter of a billion bucks from sports stakes that New Jersey took in just in October, or even better, the $528 million that Nevada took in.
So while casino stocks, for instance, flopped this year, analysts are expecting outsized gains going forward. Since Bernstein’s Vitaly Umansky notes,”the gambling space indicates, time and again, that should investors pick the ideal market, the right company, at the right time, oversize returns are possible”.
When it’s an established casino giant angling for fresh flesh, a sports group which sees the green at partnering with the gaming world, or a savvy small-cap that sneaks into place itself as a end-to-end provider of next-gen gaming solutions…
Here are 5 stocks that can get investors to the sport:
#1 MGM Resorts (NYSE:MGM)
The biggest casino operator in the United States, MGM brings in more than $4 billion in revenue just from Las Vegas, but today its angling enormous for sports betting, surrounding it on all fronts.
In no uncertain terms, these men are constructing a sports betting empire that’s poised to end up trumping their casino operations, as evidenced by their latest partnership 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 hotels firm’s sports line-up, which already included pro basketball and hockey.
Investors are also watching how MGM’s partnership deal with Boyd Gaming is leveraged. BYD is among the largest sportsbooks operators in Las Vegas, and MGM will finally have access to its internet and mobile gaming platforms-and vice versa-in several 15 states.
#2 Bragg Gambling Group, Inc. (BRAG.V; BKDCF)
This famous firm boasts the single largest Facebook page at the online sports business, with 26 million fans who are sports fanatics. The Bragg Gaming Group is betting that lots are ready 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 provider of next-generation gaming options, transitioning from its traditional tech and AI enterprise. It’s a transformation that is timed specifically to take advantage 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 solutions, so Bragg is set to hit the floor running. Its secret weapon is its own GiveMeSport subsidiary, the proud proprietor of this 26-million-strong Facebook sports data page, which beats even ESPN.
Even better where time is worried, they are going to launch their first game to this huge audience. It’s a new app that they’ve been holding back for years, waiting for sports gambling to be hailed.
The catalysts are currently mounting: Bragg has lately acquired Oryx Gambling, a turnkey gaming solutions provider for casino operators which comprise over 5,000 integrated games, including from Tier-1 gaming operators. That is when leveraging 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 product and multi-channel platform to advertise its diverse product suite. Its sports betting arm will operate under the GiveMeBet banner, functioning pretty similar to Sky Betting and Gaming, 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 market them, beginning with sports gambling and moving to casinos, e-sports, poker, lotteries, B2B/B2C gaming technologies and payment solutions.
So, Bragg will have three gambling and media resources: GiveMeSport, Oryx Gambling 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 traffic has increased by 5 million and currently exceeds 30M. Revenue has grown by a healthy 30 percent clip.
#3 Caesars Entertainment (NYSE:CZR)
Give unto Caesar what is his… along with the newly legal sports betting bonanza is very likely to do exactly that. Casino stocks will probably be among the biggest beneficiaries of the Supreme Court’s May judgment.
And one of the greatest specific catalysts is Caesar’s positioning of itself to gain access to the exceptionally lucrative Japanese gaming market, after a Japanese judgment in July allowing Las Vegas-style casinos.
Dubbed the’mother lode’ for Las Vegas gaming firms because of the Japanese penchant for gambling, Caesar’s is expected to soar with this. However, not just on this: The place means it’ll automatically have access to additional Asian gambling 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 think everybody who owns a top-four professional sports club just basically saw the value of the group double.”
The nearly $7-billion market cap MSG, which possesses the New York Knicks and the New York Rangers, now appears to be undervalued.
And there are some big catalysts here. Longer-term, investors should be looking at the huge market potential for sport television and streaming rights right now.
However, the greatest thing on investor radar presently is progress towards spinning off MSG’s sports business, for that it filed its initial Form 10 on October 4th. The spin-off would mean that investors can better assess the company’s assets and future potential, as Forbes points out, giving both companies”increased strategic flexibility to pursue their own identifying business plan and funding allocation policy”.
Number 5 Penn National Gaming (NASDAQ:PENN)
In general, it has been a rollercoaster season for Penn, but the new lease on life for sports gambling affects things.
This nearly $2.7-billion market cap casino organization is putting its biggest bet yet using a $3.1-million gamble the home will win. The price is the biggest insider buy in 15 years. And it is about sports gambling. Penn will start sports gambling at five Mississippi casinos and its Hollywood Casino.
It also gained an increase in mid-November on news that it might get Detroit’s Greektown Casino-Hotel’s surgeries for $300 million in Cleveland Cavaliers owner Dan Gilbert, the founder of Detroit-based Quicken Loans.
That rollercoaster showing this year, also PENN’s overlook on analyst quotes in quarterly reporting end up making the stock quite cheap after working in the new possibility of the sport gambling segment and the casino company’s capability to grasp this chance.
Other Businesses that can not be forgotten from the brand new gaming flourish:
GameHost Inc (OTCMKTS:GHIFF)
GameHost is a leading hospitality and entertainment supplier based in Alberta, Canada. The company operates four principal components in the Alberta province, each supplying 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 shareholders, a plus for people who have stuck with the company through the years. In reality, its focus on increasing value for investors is made abundantly clear in its mission to reduce costs and improve offerings, creating some of the highest profit margins in the business.
By. Joao Piexe
**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
FORWARD-LOOKING STATEMENTS. Statements in this communication which are not 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 gaming industry continues to grow; a larger investment opportunity than casinos might be in growth stocks like Bragg; this GiveMeSport’s brand new site will start with sports gambling before expanding into the other areas including casino games, e-sports, poker and lottery products; that Bragg Systems may have a system that 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 growth; which Bragg can protects its intellectual property; the magnitude of the potential sports gambling market; that Oryx gives it the gambling platform to break into the online sports gambling and gambling market: that more nations in the US will legalize sports gaming; and that Bragg’s earnings will continue to rise; and also that the company intends to grow and acquire assets throughout the entire range of gaming verticals in numerous jurisdictions. Forward looking statements involve known and unknown risks and uncertainties that might not prove to be accurate. Actual outcomes and results may differ materially from what is expressed or forecasted in those forward-looking statements. Things that might impact the outcome of those forward looking statements include that markets may not materialize as anticipated; gaming might not turn out to possess as big a market as thought or become lucrative as thought as a result of competition or other factors; fans who enjoy game may not be converted to online sports gamblers; Bragg might not be in a position to offer a competitive product or scale upward as thought due to potential inferior online product, lack of funds, lack of amenities, regulatory compliance requirements or absence of appropriate employees or contacts; Bragg intellectual property rights applications may not be allowed as well as when granted, might not adequately protect Bragg intellectual property rights; and other dangers affecting Bragg in particular 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 which also impact Bragg including without limitation the following: Competition may offer better online gaming products luring away Bragg’s customers; Technology changes quickly from the company and if Bragg fails to anticipate or successfully implement new technology 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; authorities may impose significant hurdles to internet gaming firms; Bragg’s business could be negatively affected if consumer security, data privacy and security practices are not sufficient, or perceived as being inadequate, to prevent data breaches, or from the use of consumer protection and data privacy legislation normally; The products or services Bragg distributes through its stage may contain flaws, which may adversely affect Bragg’s standing.
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, supervisors, workers, and assigns (collectively”the Company”) has been compensated from the profiled company or another party to disseminate this communication. In this case the Company was paid by Bragg US million US dollars for this guide and certain banner ads. This compensation is a major conflict with our ability to be unbiased, more specifically:
This communication is for amusement purposes only. Never invest purely based on our communication. Gains cited in our newsletter and also on our website might be contingent upon end-of- day or intraday data. We have 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 investigated the background of the company. The third party, profiled business, or their affiliates may liquidate shares of the profiled company at or near the moment you receive this communication, that has the capability to hurt share prices. Frequently companies profiled in our alarms experience a big increase in volume and share price throughout the class of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The investor awareness marketing could possibly be as short as one day, and a huge decline in volume and share price is very likely to happen.
We do not guarantee the timeliness, accuracy, or completeness of the information on our website or in our newsletters. The information in our communications and on our site is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be right. The data is collected from people and non-public sources but isn’t researched or confirmed in any way whatsoever to ensure the information is correct.
SHARE OWNERSHIP. The owner of Safehaven.com owns stocks and/or stock options of the featured company and therefore has an extra incentive to observe that the featured company’s inventory perform well. The owner of Safehaven.com will not notify the marketplace once it decides to purchase 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 the profit. That is why we worry that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer prior to investing in any securities.
NOT AN INVESTMENT ADVISOR. The business isn’t 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 before making an investment. This communication should not be utilized as a basis for making any investment.
INDEMNIFICATION/RELEASE OF LIABILITY. By studying this communication, you consent to the conditions of this disclaimer, for example, but not limited 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 from your investment choices.
RISK OF INVESTING. Investing is inherently insecure. While a potential for rewards exists, by investing, you’re placing yourself in danger. You must know about the dangers and be ready to take them so as to invest in any type of security. Do not trade with money you can not afford to lose. That is neither a solicitation nor an offer to Buy/Sell securities.
DISCLAIMER: Safehaven.com is Source of content recorded above. FN Media Group, LLC (FNM), is a third party writer and news dissemination service provider, which disseminates digital information through multiple online media channels. FNM isn’t connected in any way with Safehaven.com or some other company mentioned herein. The comment, views and opinions expressed in this release by Safehaven.com are solely those of Safehaven.com and are not shared by and do not reflect in any manner the viewpoints or opinions of FNM. FNM isn’t 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 are NOT a registered broker/dealer/analyst/adviser, retains no investment permits and might NOT sell, offer to sell or offer to purchase any security. FNM was not paid by any public business mentioned herein to disseminate this press 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 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”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 in 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 various factors, and other risks identified in a organization’s annual report on Form 10-K or even 10-KSB and other filings made by such company with the Securities and Exchange Commission. You need to think about these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no duty to update such statements.
Media Contact – FN Media Group LLC
U.S. Phone: +1-LRB-954-RRB-345-0611
Read more: sportsdede.com