Replies to post #463304 on ORIONS Money Stocks

[supyoscn]

$LCA and $LCAHW yeah this is going to be a monster if you have patience. Here is some DD about online gaming:

IN NJ

-Golden nugget has 180 million in casino winnings in 2020 so far!
-July was 31 million this year vs 14 million last year. Sure we have Covid but even in Jan it was 12 million. How many people will not go back to casinos because they were forced to go online and it's so much easier.

https://www.playnj.com/new-jersey/revenue/

Michigan: They partnered with a casino

Michigan forcasting igaming at 650 million in the first year. Let's say golden nugget gets 25% conservatively. That's 162.5 million.

https://www.yogonet.com/international/noticias/2020/08/07/54240-michigan-sports-betting-and-online-gaming-could-earn-650-million-in-first-year

PA: Golden nuggest is expanding in PA but other exist already. It's around 500 million a year.

Lets say they are a little late to the party here so they get 10-15%. So that's 50 million.

Overall 2021 looks like there is potential to hit around 400-500 million in revenue and the merger is looking to bring in golden nuggest with a 700 million valuation.

This thing is going to be worth billions by 2021....so a price of around $25-30 at LEAST IMO this year.

[Geegee678]

Strangest thing..i had a trailing stop loss which supposedly got triggered at 11.90..but the price never went that low ..robinhood..