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GMGI is about to Explode

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Cherry Member Level  Monday, 04/26/21 04:44:25 PM
Re: None
Post # of 51415 
GMGI is about to Explode

Sports betting legislation advances in key areas
Apr. 23, 2021 11:20 AM ETDraftKings Inc. (DKNG)By: Clark Schultz, SA News Editor31 Comments
The developments on sports betting legislation continue to trend very favorably.
Morgan Stanley analyst Thomas Allen points to numerous reports indicating that Florida could legalize online sports betting this year with a deal with the Seminole tribe.
Allen also says a recall vote in California on Governor Newsom bodes well for sports betting. He thinks a referendum to legalize retail sports betting at tribal casinos get pushed up to November of 2021 from 2022 . That means action could flying as early as 2022.
Morgan Stanley thinks Connecticut, Louisiana and Ohio are likely to formally legalize sports betting this year. Across the border, a bill in Canada allowing single event wagering is advancing.
Opening up new states for sports betting even in incremental stages is expected to give established casino operators and iGaming operators an edge as partnerships explode.
A large list of companies could potentially benefit from the legislation pushes in various jurisdictions. Stocks touching the sports betting world include DraftKings (NASDAQ:DKNG), William Hill (OTCPK:WIMHY), Fanduel/Flutter Entertainment (OTCPK:PDYPY),Caesars Entertainment (NASDAQ:CZR), Penn National Gaming (NASDAQ:PENN), Wynn Resorts (NASDAQ:WYNN), MGM Resorts (NYSE:MGM), Entain (OTCPK:GMVHF) Pointsbet (OTCQX:PBTHF), Rush Street Interactive (NYSE:RSI), Gan (NASDAQ:GAN), fuboTV (NYSE:FUBO), Churchill Downs (NASDAQ:CHDN), International Game Technology (NYSE:IGT), Scientific Games (NASDAQ:SGMS), Golden Nugget Online (NASDAQ:GNOG), Skillz (NYSE:SKLZ), Bally's (NYSE:BALY), Golden Matrix Group (OTCPK:GMGI), Bragg Gaming Group (OTCQX:BRGGF), Playtech (OTC:PYTCF), dMY Technology Group (NYSE:DMYD), Esports Entertainment (NASDAQ:GMBL), IG Acquisition (NASDAQ:IGAC), Boyd Gaming (NYSE:BYD) and the Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ).
Earlier this week: BetMGM highlights huge iGaming and sports betting potential during investor event.
Now read: Skillz: Uncovering The Hidden Upside
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Comments (31)

Newest


BullishCK
24 Apr. 2021

Premium
Comments (61)
Why pick anything but the best?
Draftkings is and will be #1 in American digital sports betting. If you've ever used it before you'd know that.

Like

deverhart87
24 Apr. 2021

Comments (11)
GMGI

Like

100_long
24 Apr. 2021

Comments (172)
Paysafe is a sleeper.. should be 45 by summer

Like

SpikerLexus
Yesterday, 2:29 PM

Marketplace
Comments (697)
@100_long
Paysafe - $PSFE will be the largest benefactor of all with its global online payments platform options. When they report earnings in May, this will set the catalyst for the expected long term growth and share price appreciation. The single source of payments in iGaming - With 20+ years of global experience, we understand what your players want and how to make it a reality; a world of iGaming payment options including:
Cards
Cash
Digital wallets
Automated Clearing House
Advance-Deposit Wagering
Cryptocurrencies
Desktop/mobile
www.paysafe.com/...

Like

Bobsizzle
24 Apr. 2021

Comments (2.08K)
Lol
They lost just gets longer in longer of all the “players” In the biz that can benefit.
Did the pizza pie grow larger? We eating two lies now instead of one?
poltiicians waiving taxes or something?

Like

Dividend Seeker
24 Apr. 2021

Contributor
Premium
Marketplace
Comments (10.28K)
Flutter owns the Stars Group brand, which has a lot of brand recognition in Canada since it was based in Toronto before Flutter bought it
seekingalpha.com/...

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lawrenceD
24 Apr. 2021

Comments (6)
The score will be the most likely winner in Canadian legalization a approx 14 billion dollar market longSCR

Like

drbob512
23 Apr. 2021

Comments (1.49K)
SKLZ is #1 imho, then DKNG, PENN, DYMD (now GENI iirc), RSI & a host of others.

Like

Thespiceman3280
23 Apr. 2021

Comments (102)
Long on PENN and Draktking.

Like

Jlr576
23 Apr. 2021

Comments (2)
GMGI all day, only profitable one out there and zero debt. Uplist to Nasdaq coming anyday and record fins coming out by end of month.

Like

Username 47731613
23 Apr. 2021

Comments (752)
DKNG all day boys

Like

necto
23 Apr. 2021

Comments (1.19K)
Long FUBO

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Arvinpinal
23 Apr. 2021

Comments (919)
FUBO the next sport Nexflix. There is a good story, plus it's at the bottom price.

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Bobsizzle
24 Apr. 2021

Comments (2.08K)
@Arvinpinal I expect the market to test the SPAC price.

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rjstf
23 Apr. 2021

Marketplace
Comments (27)
IGAC?

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SkipBreakfast
23 Apr. 2021

Comments (26)
SKLZ - 95% margin.

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Sir Pete
23 Apr. 2021

Premium
Comments (13)
@SkipBreakfast 95% gross margin for 20 quarters in a row

Like

Gabjoey
23 Apr. 2021

Comments (139)
Want to pick a winner in this space.. Paysafe. The #1 igaming payment processor in the world.. They win as more States continue to add..

Like

nerd_rage
23 Apr. 2021

Comments (11.17K)
@Gabjoey FUBO could benefit. Gambling laws are one of their two biggest problems (the other being greedy sports leagues but watchoo gonna do?)

Like

Who Dat?
23 Apr. 2021

Comments (6.92K)
@nerd_rage
FUBO will benefit the most because they are not "one trick pony" that relies strictly on gambling"

Like

100_long
24 Apr. 2021

Comments (172)
@Gabjoey love paysafe!!! the stock is a buy at its current price!

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hardway98
23 Apr. 2021

Comments (113)
One needs a dart board to pick their best betting stocks. I believe CZR and MGM with their rewards programs that feature comp rooms, casino comps, shows, et al have an edge on the strictly online betting groups. Add in corporate tie ins with the NFL and other sports/team franchises. CZR is merging all their acquisitions (William Hill) into their rewards programs to bring in the new millennial betters not so much for slot machines etc, but the actions of clubs, shows et al in their properties. Reward Programs do digitally focus offers to each individual online player. Just my two cents bet.

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Bobsizzle
24 Apr. 2021

Comments (2.08K)
@hardway98 ah sounds like a new concept. Huh. Thought this was Vegas the last 15 years or so.

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dennis rfm
23 Apr. 2021

Comments (1.52K)
IGT has a lot going for it in this area but nobody seems to care.

Like

Martin Brenner
23 Apr. 2021

Comments (2.28K)
@dennis rfm
Don’t they just make slot machines? I owned them years ago at around $15.

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All-in-MSOS
23 Apr. 2021

Comments (278)
$GNOG best value

Like

eight11
23 Apr. 2021

Comments (13)
@All-in-MSOS Right, but not in OSB. Leader in online gaming...

Like

mmacius
24 Apr. 2021

Comments (755)
@All-in-MSOS
Agree.

Like

dandroidz
23 Apr. 2021

Comments (2.02K)
Loving the dips on sports betting stonkz and casino platform like $GAN.
Looooooong! CA, TX, OH next up!

Like

lew69sd
23 Apr. 2021

Comments (834)
GNOG has the most upside in this space.

Like
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