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 you for opening up a massive sports betting market that-for starters-will probably absorb the $150 billion that the American Gambling Association estimates 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. Everybody from live in-game betting operators, to sports, sports clubs and betting app manufacturers 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 enter the sports gambling business because they could easily make the most of the massive user bases and infrastructure. However busy this space becomes, all bets are on the home.
In May, the Supreme Court struck down a 1992 federal law that barred states from authorizing sports betting. Now, many nations are lining up to replicate something similar to the quarter of a billion dollars from sports bets that New Jersey took in just in October, or better still, the $528 million which Nevada earned in.
So while casino stocks, for example, flopped this year, analysts are expecting outsized gains going forward. As Bernstein’s Vitaly Umansky notes,”the gambling area indicates, time and again, that should investors pick the ideal market, the right company, at the perfect time, outsized returns are potential”.
Whether it’s a recognized casino giant angling for fresh flesh, a sports group that sees the green in partnering with the gaming world, or a savvy small that sneaks into position itself as a end-to-end supplier of next-gen gaming options…
Here are 5 stocks that can get investors into the game:
#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 big for sports gambling, surrounding it on all fronts.
In no uncertain terms, these men are building a sports gambling empire that is poised to end up trumping their casino operations, according to their recent partnership 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 hotels firm’s sports line-up, which already included pro basketball and hockey.
Investors will also be keenly watching how MGM’s partnership deal with Boyd Gaming is leveraged. BYD is one of the largest sportsbooks operators in Las Vegas, and MGM will now have access to its internet and mobile gaming platforms-and vice versa-in some 15 states.
#2 Bragg Gambling Group, Inc. (BRAG.V; BKDCF)
This famous firm boasts the single biggest Facebook page in the internet sports business, with 26 million lovers who are sports fanatics. The Bragg Gambling Group is betting that many are prepared to pounce on a brand new sports betting app in the $150-billion market that just opened .
Bragg is positioning itself as an end-to-end supplier of next-generation gambling solutions, transitioning from its conventional technology and AI enterprise. It is a transformation that is timed specifically to make the most of the critical moment for over-sized 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 technologies and payment services, therefore Bragg is set to hit the ground running. Its secret weapon is its GiveMeSport subsidiary, the proud owner of this 26-million-strong Facebook sports information page, which beats even ESPN.
Even better where timing is worried, they are going to launch their first game to this huge audience. It is a new program that they have been holding back for decades, waiting for sports betting to be hailed.
The catalysts are mounting: Bragg has recently acquired Oryx Gaming, a turnkey gaming solutions provider for sport operators that include over 5,000 integrated games, including 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 media company that leverages its cross product and multi-channel platform to advertise its varied product suite. Its sports betting arm will function under the GiveMeBet banner, working pretty similar to Sky Betting and Gaming, which has been sold to the Stars Group to April this year for #5.7 billion.
GiveMeBet will funnel GiveMeSport’s 26M consumers and perform to monetize them, starting with sports betting and then moving to casinos, e-sports, poker, lotteries, B2B/B2C gaming technologies and payment services.
Thus, Bragg will own three gaming and media assets: GiveMeSport, Oryx Gambling and GiveMeBet-all to be high-value businesses serving high-growth markets.
The two GiveMeSport and Oryx Gambling are established machines. Since April 2017, Give Me Sport’s UK monthly visitors has risen by 5 million and currently exceeds 30M. Revenue has grown by a healthy 30% clip.
#3 Caesars Entertainment (NYSE:CZR)
Give unto Caesar what is his… along with also the newly legal sports gambling bonanza is likely to do just that. Casino stocks will probably be one of the biggest beneficiaries of the Supreme Court’s May judgment.
And among the biggest specific catalysts is Caesar’s positioning of itself to gain access to the wildly 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 due to the Japanese penchant for gambling, Caesar’s is expected to soar on this. But not only with this: The place means it will automatically have access to additional Asian gambling tourists.
The recent quarterly earnings also assisted, with CZR reporting $.0.03 earnings per share, meeting analyst expectations, with $2.19 billion in earnings for the quarter.
#4 Madison Square Gardens (NYSE:MSG)
As billionaire Dallas Mavericks owner Mark Cuban told CNBC right after the Supreme Court judgment on sports gambling in May,”I believe everybody who possesses a top-four professional sports club only essentially watched the value of the group double.”
The nearly $7-billion market cap MSG, that possesses the New York Knicks and the New York Rangers, today appears to be undervalued.
And there are a number of big catalysts here. Longer-term, investors should be taking a look at the massive market potential for sports streaming and television rights right now.
But the greatest thing on buyer radar presently is progress towards spinning off MSG’s sports business, for which it filed its initial Form 10 on October 4th. The spin-off would mean that investors can better evaluate the company’s assets and future possible, as Forbes points out, providing 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 year for Penn, but the new lease on life for sports gambling affects matters.
This almost $2.7-billion market cap casino company is putting its biggest bet yet using a $3.1-million bet that the house will win. The deal is the biggest insider purchase in 15 years. And it’s all about sports betting. Penn is planning to launch sports betting at five Mississippi casinos and its Hollywood Casino.
It also gained a boost in mid-November on information that it would 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, plus PENN’s miss on analyst estimates in quarterly reporting end up making the inventory fairly cheap after working in the new possibility of this sports betting segment and also the casino company’s ability to grasp this opportunity.
Other companies that can’t be forgotten from the brand new gaming boom:
GameHost Inc (OTCMKTS:GHIFF)
GameHost is a top entertainment and hospitality provider based in Alberta, Canada. The company operates four primary properties in the Alberta province, every offering slot machines, table games, top quality hospitality and much more supposed to appeal to both casual players and committed players alike.
GameHost is well-known for supplying dividends to its shareholders, a bonus 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 reduce costs and enhance offerings, creating 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 which 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 that the gaming sector continues to grow; that a larger investment opportunity than casinos might be in growth stocks like Bragg; that 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; which Bragg Systems might have a system which would be approved by players; 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 possible sports gaming market; that Oryx provides it the gambling platform to split into the online sports gaming and gambling market: that more states in the united states will legalize sports gaming; and Bragg’s revenues will continue to rise; and also that the firm 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 true. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Matters that may affect the outcome of those forward looking statements include markets may not materialize as anticipated; gaming might not turn out to have as big a market as thought or be as lucrative as thought as a result of competition or other factors; enthusiasts who enjoy sport may not be converted to internet sports bettors; Bragg may not be in a position to offer a competitive product or climb up as thought due to prospective inferior online product, lack of capital, lack of facilities, regulatory compliance requirements or lack of appropriate contacts or employees; Bragg intellectual property rights software might not be granted and even if allowed, might not adequately protect Bragg intellectual property rights; and other risks 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 intent 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: Competitors may offer better online gaming products luring away Bragg’s clients; Technology changes quickly from the company and if Bragg fails to anticipate or successfully implement new technologies or embrace new business strategies, technologies or methods, the quality, timeliness and competitiveness of its services and products may endure; Bragg may experience security breaches and cyber threats; authorities may impose substantial hurdles to online gaming firms; Bragg’s business may be adversely affected if customer security, data privacy and safety practices aren’t adequate, or perceived as being inadequate, to prevent data breaches, or from the application of consumer protection and information privacy laws generally; The merchandise or services Bragg distributes through its platform may contain defects, which may negatively impact Bragg’s standing.
PAID ADVERTISEMENT. This communication is a paid advertisement and is not a recommendation to purchase or sell securities. Safehaven.com, Leacap Ltd, and their owners, managers, workers, and assigns (collectively”the Company”) has been compensated by 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 advertisements. This compensation is a major battle with our ability to be impartial, more especially:
This communication is for entertainment purposes only. Never invest purely based on our communication. Gains cited in our newsletter and also on our website may be based on end-of- day or intraday data. We’ve been compensated by Bragg to conduct investor awareness promotion and marketing for Bragg. Therefore, this communication should be regarded as a commercial ad only. We haven’t researched the background of the company. The next party, profiled business, or their affiliates may liquidate shares of the profiled business at or close to the moment you receive this communication, which has the potential 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 often end as soon as the investor consciousness marketing ceases. The investor awareness marketing could possibly be as brief as one day, and a huge decline in volume and share price is very likely to happen.
We don’t guarantee the timeliness, accuracy, or completeness of this information on the website or in our newsletters. The info 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 correct. The information is gathered from people and non-public sources but is not investigated or verified in any way whatsoever to ensure the data is correct.
SHARE OWNERSHIP. The owner of Safehaven.com owns stocks and/or stock options of the featured company and consequently has an extra incentive to see that the featured company’s stock perform well. The owner of Safehaven.com won’t notify the marketplace once it decides to buy or sell shares of this issuer on the market. The proprietor of Safehaven.com will probably be purchasing and selling shares of this featured company for the profit. That is why we worry that you run extensive due diligence as well as seek the help of your financial advisor or a registered broker-dealer prior to investing in any securities.
NOT AN INVESTMENT ADVISOR. The Company 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 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 reading this communication, you consent to the terms 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 are solely responsible for any financial outcome that could come out of your investment decisions.
RISK OF INVESTING. Purchasing is inherently risky. Even though a possibility of rewards is present, by investing, you’re putting yourself in danger. You must be aware of the dangers and be ready to accept them in order to invest in any 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 Source of content listed above. FN Media Group, LLC (FNM), is a third party writer and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM isn’t affiliated in any way with Safehaven.com or some other company mentioned previously. The commentary, views and opinions expressed in this discharge by Safehaven.com are only those of Safehaven.com and are not 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 information dissemination and financial advertising solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may 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 these 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 such statements are subject to a large number of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those estimated in the forward-looking statements, including the risks that actual results may differ materially from those estimated at the forward-looking statements as a result of various 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 consider 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 obligation to update such statements.
Media Contact – FN Media Group LLC
U.S. Phone: +1-LRB-954-RRB-345-0611