5 Companies That Could Win Big as the U.S. Legalizes Sports Betting

الجمعة ٢٦ يوليو ٢٠١٩

LONDON, January 17, 2019 / / PRNewswire/ —

FN Media Group Presents Safehaven.com Market Commentary
This is the point where Las Vegas is transformed into Something Which transcends physical borders, and we’ve got the U.S. Supreme Court to thank for opening up a Huge sports gambling 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 big and diverse. Everyone 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 social media giants like 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 becomes, all bets are on the house.
In May, the Supreme Court struck down a 1992 federal law that barred states from sports gambling. Now, many nations are lining up to copy something similar to the quarter of a billion dollars from sports stakes that New Jersey took in just 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. As Bernstein’s Vitaly Umansky notes,”the gaming area indicates, time and again, that if investors pick the right market, the right company, at the perfect time, oversize returns are potential”.
When it’s an established casino giant angling for new flesh, a sports team which sees the green at partnering with the gambling world, or a savvy small-cap that sneaks in to place itself as a end-to-end provider of next-gen gaming solutions…
Here are 5 stocks that can get investors into the sport:
#1 MGM Resorts (NYSE:MGM)
The largest casino operator in the USA, MGM brings in more than $4 billion in revenue just from Las Vegas, but now its angling big for sports gambling, surrounding it on all fronts.
In no uncertain terms, these guys are building a sports betting empire that’s 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 listing. Thus, MGM will be MLB’s official gambling companion, adding to the hotels company’s sports line-up, which already included pro hockey and basketball.
Investors are also keenly watching how MGM’s partnership deal with Boyd Gaming is leveraged. BYD is among the largest sportsbooks operators in Las Vegas, and MGM will now have access to the internet and mobile gaming platforms-and vice versa-in some 15 nations.
#2 Bragg Gaming Group, Inc. (BRAG.V; BKDCF)
This famous firm boasts the single largest Facebook page at the internet sports industry, with 26 million fans that are sports fanatics. The Bragg Gaming Group is betting that lots are prepared to pounce to a new sports gambling app in the $150-billion marketplace that just opened .
Bragg is positioning itself as an end-to-end supplier of next-generation gambling options, transitioning from its conventional technology and AI enterprise. It is a transformation that is timed specifically to take advantage of this critical moment for over-sized opportunities in the sports betting market.
They plan on dealing in everything from casinos, e-sports and poker betting, lotteries, B2B/B2C gaming technology and payment services, 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 information page, which defeats even ESPN.
Even better where time is worried, they are about to launch their first game to this huge audience. It’s a new app that they have 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 that comprise over 5,000 integrated games, such as from Tier-1 gaming operators. That’s 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 product and multi-channel platform to advertise its diverse product package. Its sports betting arm will function under the GiveMeBet banner, functioning pretty similar to Sky Betting and Gambling, which has been 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, starting with sports betting and moving to casinos, e-sports, poker, lotteries, B2B/B2C gaming technologies and payment solutions.
Thus, Bragg will own three gaming and media resources: GiveMeSport, Oryx Gaming and GiveMeBet-all to be high-value businesses serving high-growth markets.
Both GiveMeSport and Oryx Gambling are proven 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… along with the newly legal sports gambling bonanza is likely to do exactly that. Casino stocks will probably be one of the biggest beneficiaries of the Supreme Court’s May judgment.
And one of the biggest specific catalysts is Caesar’s positioning of itself to obtain access to this 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 firms due to the Japanese penchant for gambling, Caesar’s is expected to soar on this. But not just on this: The place means it’ll automatically have access to other Asian gaming 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 the quarter.
#4 Madison Square Gardens (NYSE:MSG)
As billionaire Dallas Mavericks owner Mark Cuban told CNBC right after the Supreme Court ruling on sports betting in May,”I believe everyone who possesses a top-four professional sports team just essentially saw the value of the group double.”
The almost $7-billion market cap MSG, that owns 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 sports streaming and television rights at the moment.
But the biggest thing on investor radar now is progress towards spinning off MSG’s sports business, for which it filed its first Form 10 on October 4th. The spin-off would indicate that investors can better assess the company’s assets and future potential, as Forbes points out, providing both companies”enhanced tactical 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 betting affects matters.
This nearly $2.7-billion market cap casino company is putting its biggest bet yet using a $3.1-million gamble the home will win. The deal is the biggest insider purchase in 15 decades. And it is all about sports gambling. Penn is planning to launch sports betting 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 operations for $300 million in Cleveland Cavaliers owner Dan Gilbert, the founder of Detroit-based Quicken Loans.
That rollercoaster showing this year, also PENN’s miss on analyst quotes in quarterly reporting wind up making the inventory quite cheap after working in the new potential of this sports betting segment and the casino company’s ability to grasp this opportunity.
Other Businesses that can not be forgotten from the brand new gaming boom:
GameHost is a leading hospitality and entertainment supplier based in Alberta, Canada. The business operates four primary components in the Alberta province, each supplying slot machines, table games, high excellent hospitality and much more meant to appeal to both casual players and committed gamers alike.
GameHost is well-known for providing dividends to its investors, a bonus for those who have stuck with the business through the years. In reality, its focus on increasing value for shareholders is made abundantly clear in its mission to decrease prices and improve offerings, making some of the maximum profit margins in the company.
By. Joao Piexe
FORWARD-LOOKING STATEMENTS. Statements in this communication that are not 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 that the gaming industry continues to grow; a bigger investment opportunity than casinos might be in growth stocks such as Bragg; that GiveMeSport’s new site begins with sports gambling before expanding in the other areas including casino games, e-sports, poker and lottery products; which Bragg Systems might have a system that would be approved by gamers; that it may leverage the Give Me Sport enthusiast base into sports betting through Bragg’s platform to drive adoption and growth; which Bragg can protects its intellectual property; the size of the possible sports gaming marketplace; that Oryx provides it the gaming platform to split into the online sports gaming and betting market: that more nations in the US will legalize sports gaming; and that 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 numerous jurisdictions. Forward looking statements involve known and unknown risks and uncertainties that might not prove to be true. Actual outcomes and results may differ materially from what is expressed or forecasted in these forward-looking statements. Things that may impact the outcome of those forward looking statements include that markets might not materialize as anticipated; gaming might not turn out to have as large a market as thought or be lucrative as thought as a result of competition or other factors; enthusiasts who like sport may not be converted to internet sports bettors; Bragg might not be able to give a competitive product or climb up as thought due to potential inferior online product, lack of capital, lack of amenities, regulatory compliance demands or lack of suitable contacts or employees; Bragg intellectual property rights applications might not be granted as well as if 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 intention or obligation to update such forward-looking statements except as required by applicable securities laws.
Risk factors for the online sports gambling industry in general that also affect Bragg including without limitation the following: Competition may offer better online gaming goods luring away Bragg’s clients; Technology changes quickly from the business and if Bragg fails to expect or successfully implement new technology or adopt 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; authorities may impose substantial hurdles to internet gaming companies; Bragg’s business could be negatively affected if customer protection, data privacy and safety practices are not sufficient, or perceived as being insufficient, to prevent data breaches, or by the use of consumer protection and information privacy legislation normally; The merchandise or services Bragg distributes through its stage may contain flaws, which may adversely affect 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, managers, employees, and assigns (collectively”the Company”) has been paid by the profiled company or a third party to disseminate this communication. In this case the Company has been paid by Bragg seventy thousand US dollars with this article and certain banner ads. This reimbursement Is an Important conflict with our ability to be unbiased, more especially:
This communication is for entertainment purposes only. Never invest purely according to our communication. Gains mentioned in our newsletter and on our site might be based on end-of- day or intraday data. We’ve been compensated by Bragg to run investor awareness advertising and marketing for Bragg. Thus, this communication should be regarded as a commercial ad only. We have not researched the background of the provider. The next 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 potential 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 as soon as the investor awareness marketing ceases. The investor awareness marketing could possibly be as brief as one day, after which a huge decline in volume and share price is likely to occur.
We don’t guarantee the timeliness, accuracy, or completeness of this information on our site or in our newsletters. The information in our communications and on our website is thought to be accurate and correct, but has not been independently confirmed and isn’t guaranteed to be right. The information is collected from people and non-public resources but isn’t researched or verified 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 therefore has an additional incentive to observe that the featured company’s inventory perform well. The proprietor of Safehaven.com won’t notify the market once it decides to buy or sell stocks of this issuer on the marketplace. The proprietor of Safehaven.com will probably be buying and selling shares of the featured company for the profit. That is why we worry that you run extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.
NOT AN INVESTMENT ADVISOR. The business is not registered or licensed by any governing body in any jurisdiction to provide investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult a licensed investment professional before making an investment. This communication shouldn’t 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, including, but not restricted 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 are solely responsible for any financial outcome that could come from your investment choices.
RISK OF INVESTING. Purchasing is inherently insecure. Even though a potential for rewards is present, by investing, you’re placing yourself in danger. You ought to be aware of the risks and be willing to take them in order to invest in any security. Don’t 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 origin of content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through numerous online media channels. 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 solely those of Safehaven.com and aren’t shared with and do not reflect in any way the viewpoints or opinions of FNM. FNM isn’t responsible for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a information dissemination and financial advertising solutions provider and are NOT a documented broker/dealer/analyst/advisor, holds 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 press 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 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 because 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 think about these factors in evaluating the forward-looking statements contained 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.
Contact Info:
Media Contact – FN Media Group LLC
Email: editor@financialnewsmedia.com
U.S. Phone: +1-LRB-954-RRB-345-0611
SOURCE Safehaven.com

Read more: streetnews.one