LONDON, January 17, 2019 / / PRNewswire/ —
FN Media Group Presents Safehaven.com Market Commentary
This is the point in time where Las Vegas is changed into Something Which transcends physical boundaries, and we’ve got the U.S. Supreme Court to thank for opening up a massive sports gambling market that-for starters-will probably absorb the $150 billion the American Gambling Association quotes is bet on sports every year in the U.S. Mentioned in today’s comment 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. Everyone from live in-game gambling operators, to casinos, sports clubs and gaming program makers are set to cash in their chips .
Some are even speculating that societal media giants like Facebook (FB), Twitter (TWTR) and Google (GOOGL) will be clamoring to go into the sports gambling business since they could easily make the most of the large user bases and infrastructure. However crowded 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 that New Jersey took in only in October, or better still, the $528 million which Nevada earned in.
So while casino stocks, for instance, flopped this year, analysts are expecting 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, outsized returns are possible”.
When it’s an established casino giant angling for fresh flesh, a sports group that sees the green at partnering with the gaming world, or a savvy small-cap that sneaks in to position itself as an end-to-end supplier of next-gen gaming options…
Here are 5 stocks that 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 now its angling big for sports betting, surrounding it on all fronts.
In no uncertain terms, these guys are constructing a sports gambling empire that is poised to end up trumping their casino operations, as evidenced by their latest venture deal with Major League Baseball (MLB), which also comes in our Top 5 list. So, MGM will be MLB’s official gaming companion, adding to the resorts firm’s sports line-up, which already included pro basketball and hockey.
Investors are also keenly watching how MGM’s partnership deal with Boyd Gaming is leveraged. BYD is among the largest sportsbooks operators in vegas, and MGM will now have access to its online and mobile gaming platforms-and vice versa-in some 15 nations.
#2 Bragg Gaming Group, Inc. (BRAG.V; BKDCF)
This famous company boasts the single biggest Facebook page in the internet sports industry, with 26 million lovers who are sports fanatics. The Bragg Gambling Group is gambling that lots are prepared to pounce on a brand new sports gambling app in the $150-billion marketplace that just opened .
Bragg is positioning itself as an end-to-end provider of next-generation gambling options, transitioning from its traditional technology and AI business. It’s a transformation that is timed specifically to take advantage of the crucial moment for outsized opportunities in the sports betting market.
They plan on dealing in everything from casinos, e-sports and poker betting, lotteries, B2B/B2C gaming technologies and payment services, so Bragg is set to hit the floor running. Its secret weapon is its GiveMeSport subsidiary, the proud owner of the 26-million-strong Facebook sports information page, which beats even ESPN.
Even better where timing is concerned, they are about to launch their first game to this huge audience. It’s a new app that they’ve been holding back for years, awaiting sports betting to be legalized.
The catalysts are currently mounting: Bragg has lately acquired Oryx Gaming, a turnkey gaming solutions provider for sport 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 media company that leverages its cross merchandise and experiential platform to market its diverse product package. Its sports betting arm will operate under the GiveMeBet banner, functioning pretty much like 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 work to market them, beginning with sports gambling and then moving on to casinos, e-sports, poker, lotteries, B2B/B2C gaming technologies and payment solutions.
So, Bragg will own three gaming and media assets: GiveMeSport, Oryx Gambling and GiveMeBet-all to be high-value businesses serving high-growth markets.
Both GiveMeSport and Oryx Gaming are proven 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… along with the recently legal sports gambling bonanza is very likely to do exactly that. Casino stocks will be among the largest beneficiaries of the Supreme Court’s May ruling.
And among the biggest specific catalysts is Caesar’s positioning of itself to obtain access to this exceptionally lucrative Japanese gaming market, after a Japanese judgment in July allowing Las Vegas-style casinos.
Dubbed the’mother lode’ for Las Vegas gaming companies due to the Japanese penchant for gambling, Caesar’s is expected to soar on this. But not only with this: The location means it’ll automatically have access to additional Asian gaming tourists.
The new quarterly earnings also assisted, together 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 ruling on sports betting in May,”I think everyone who owns a top-four professional sports team only basically saw the value of the group double.”
The almost $7-billion market cap MSG, that possesses the New York Knicks and the New York Rangers, now seems to be undervalued.
And there are a number of big catalysts here. Longer-term, investors should be taking a look at the huge market potential for sport television and streaming rights right now.
However, the biggest thing on buyer radar now is progress towards spinning 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 assess the organization’s assets and future possible, as Forbes points out, giving both companies”enhanced tactical flexibility to pursue their own distinctive business plan and funding allocation policy”.
#5 Penn National Gaming (NASDAQ:PENN)
Overall, it’s been a rollercoaster year for Penn, but the brand new lease on life for sports betting affects matters.
This nearly $2.7-billion market cap casino company is putting its biggest bet yet with a $3.1-million gamble that the house will win. The deal is the biggest insider purchase in 15 years. And it’s all about sports gambling. Penn will launch sports gambling at five Mississippi casinos and its Hollywood Casino.
It also got a boost in mid-November on information that it would get Detroit’s Greektown Casino-Hotel’s surgeries for $300 million from Cleveland Cavaliers owner Dan Gilbert, the founder of Detroit-based Quicken Loans.
That rollercoaster showing this year, plus PENN’s overlook on analyst estimates in quarterly reporting end up making the inventory fairly cheap after working in the new potential of this sports betting segment and also the casino company’s capability to grasp this chance.
Other companies that can’t be forgotten from the new gaming flourish:
GameHost Inc (OTCMKTS:GHIFF)
GameHost is a leading hospitality and entertainment supplier based in Alberta, Canada. The business operates four principal components in the Alberta province, each offering slot machines, table games, top excellent hospitality and more meant to appeal to both casual gamers and dedicated players alike.
GameHost is famous for providing dividends to its shareholders, 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 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 aren’t purely historical are forward-looking statements and contain statements regarding beliefs, plans, intent, predictions or other announcements of future tense. Forward looking statements in this article include the gaming industry continues to grow; that a bigger investment opportunity than casinos might be in growth stocks such as 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 gamers; it may leverage the Offer Me Sport fan base into sports betting through Bragg’s platform to drive adoption and growth; which Bragg can protects its intellectual property; the size of the potential sports gambling market; that Oryx gives it the gaming platform to break into the online sports gaming and betting market: that more nations in the united states will legalize sports gambling; and Bragg’s revenues will continue to rise; and also that the company intends to grow and acquire assets across the entire range of gaming verticals in numerous jurisdictions. Forward looking statements involve known and unknown risks and uncertainties which may not prove to be true. Actual outcomes and results may differ materially from what is expressed or forecasted in these forward-looking statements. Matters that might affect the outcome of those forward looking statements include that markets might not materialize as anticipated; gaming might not turn out to possess as large a market as presumed or be as lucrative as consideration as a result of competition or other factors; fans who like sport might not be converted to internet sports gamblers; Bragg might not be in a position to give a competitive product or climb upward as thought due to potential inferior online merchandise, lack of capital, lack of amenities, regulatory compliance requirements or lack of suitable contacts or employees; Bragg intellectual property rights software might not be allowed as well as if allowed, may not adequately protect Bragg intellectual property rights; and other dangers affecting Bragg specifically and the gaming industry generally. The forward-looking statements in 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 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 business and when Bragg fails to anticipate or successfully implement new technologies or embrace new business strategies, methods or technologies, the quality, timeliness and competitiveness of its products and services may endure; Bragg may experience security breaches and cyber threats; regulators may impose significant hurdles to internet gaming companies; Bragg’s business may be adversely affected if customer protection, data privacy and safety practices aren’t sufficient, or perceived as being inadequate, to prevent data breaches, or by the application of consumer protection and information privacy legislation generally; The merchandise or services Bragg distributes through its platform may contain defects, which could negatively impact Bragg’s reputation.
PAID ADVERTISEMENT. This communication is a paid advertisement and is not a recommendation to buy or sell securities. Safehaven.com, Leacap Ltd, and their owners, supervisors, workers, and assigns (collectively”the Company”) has been compensated from the profiled company or a third party to disseminate this communication. In cases like this the business has been paid by Bragg seventy thousand US dollars with this article and certain banner ads. This compensation is a major battle with our ability to be impartial, more especially:
This communication is for amusement purposes only. Never invest purely according to our communication. Gains mentioned in our newsletter and also on our site may be based on end-of- day or intraday data. We’ve been paid by Bragg to conduct investor awareness promotion and promotion for Bragg. Thus, this communication should be regarded as a commercial ad only. We haven’t investigated the background of the company. The next party, profiled business, or their affiliates may liquidate shares of the profiled business at or near the moment you receive this communication, which has the capability to hurt share prices. Frequently companies profiled in our alarms experience a big increase in volume and share price throughout the course of investor awareness marketing, which frequently end the moment the investor awareness marketing stops. The buyer awareness marketing may be as brief as daily, and a large decrease in volume and share price is very likely to happen.
We don’t guarantee the timeliness, accuracy, or completeness of the information on the site or in our newsletters. The info in our communications and on our website is thought to be accurate and correct, but hasn’t been independently verified and is not guaranteed to be correct. The information is gathered from public and non-public resources but isn’t researched or verified in any way whatsoever to ensure the data is accurate.
SHARE OWNERSHIP. The proprietor of Safehaven.com owns stocks and/or stock options of the featured company and consequently has an extra incentive to see the featured company’s stock perform nicely. The owner of Safehaven.com won’t notify the market when it decides to purchase or sell shares of the issuer in the market. The owner of Safehaven.com will probably be purchasing and selling shares of this featured company for the gain. That is why we stress that you run 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 is not licensed or registered by any governing body in any jurisdiction to provide 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 should not be used as a basis for making any investment.
INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you consent to the conditions of the disclaimer, including, but not limited to: discharging 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’re solely responsible for any financial outcome that could come out of your investment decisions.
RISK OF INVESTING. Investing is inherently insecure. Even though a potential for rewards is present, by investing, you are putting yourself in danger. You must be aware of the dangers and be ready to accept them so as to invest in any type of security. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities.
DISCLAIMER: Safehaven.com is origin of content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination supplier, which disseminates digital information through multiple online media channels. FNM is NOT connected in any manner with Safehaven.com or any company mentioned previously. The comment, views and opinions expressed in this release by Safehaven.com are solely those of Safehaven.com and are not shared with and don’t reflect in any way the viewpoints or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated businesses are a information dissemination and financial marketing solutions provider and therefore are NOT a documented broker/dealer/analyst/adviser, holds no investment licenses 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 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 usually preceded by words such as”may”,”future”,”plan” or”planned”,”will” or”ought to”,”expected,””anticipates”,”draft”,”eventually” or”projected”. You are cautioned that such statements are subject to a large number of risks and uncertainties that may cause future circumstances, 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 estimated 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 need to think about these factors in evaluating the forward-looking statements included herein, and not place undue reliance on these 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