Hall of Fame Resort and Entertainment Co (HOFV)

[XFundManager]

HOFV + potential of “Crown League” (to be rebranded)


Fantasy sports is a vertical that the Hall of Fame Resort & Entertainment Company believes it can grow. The vertical is currently an $18 billion market “expected to grow to nearly $43.4 billion by 2026.” Crawford is hesitant to put a number on the upside in the HOFV fantasy outfit, but he did say he expects The Crown League (an asset they acquired in mid-June) would “likely become a significant contributor to the company’s revenue and EBITDA lines” within the next half decade.

Crawford is confident once HOFV “stands up its fantasy vertical and starts to gain greater potential in e-gaming” that number will be “$500 million or larger.” He said, “There’s tremendous upside to having a horizontally integrated sports-driven company based on the most powerful sport in America.”

*If Crawford’s projections are correct, the fantasy league revenue alone would double the current marketcap.*