Top Casino Stocks for Q1 2021 - Investopedia

Best bet on a lockdown situation – Bet the house on TSG Calls

The stars group (TSG) is an online casino gaming company (pokerstars & other live games). Most will say, no one has any income to be gambling– remember that gamblers are degenerates that will take out a LoC against their house for a spin on the big wheel. If anything, gamblers out of desperation will see this as a necessary means to make money. Many governments have committed to providing their residents with funds for the time they are unemployed that will go straight to the house . The key drivers for this investment are:
- Mainly online presence, business will not be interrupted by city lockdowns
- No sports to bet on, people will turn to poker or the online casino games
- Boredom, we can only watching our wife get banged by her boyfriend for so long before we turn to a new pass times
No one gives a fuck about fundamentals but if they did, they shouldn’t have a problem meeting their short term obligations with the assets on hand
If its any consolation, here is a google search trends chart confirming the search interest lately
https://imgur.com/8r8g5ec
I am looking into LEAP’s as I’m a cuck
Volume and spreads look quite illiquid, entry might be tough
TSG 25C/Jan2021
submitted by bino2008 to wallstreetbets [link] [comments]

DMYT merger with online gaming (casino) company Rush Street

submitted by Not-So_Random to SPACs [link] [comments]

About the Casino Manipulation Video from a Former QA Tester for Casino Games

First time caller, long time listener. Love the channel! <3
I watched the video about casino manipulation and I knew I had to chip in. I don’t know if Blair be interested in using this, but in case you do, I prefer to stay anonymous.
I am a Former QA tester for an online casino gaming company. I worked with this company for two years until I quit. I was paid pretty well and resided in a beautiful part of America. (I can’t share where due to a lot of red tape with the company.) I am a Game Design and Development major and the reason I quit was to focus on content that was positive and didn’t result in addiction. Additionally, the software development industry for casino games is incredibly sexist. I’ll get more into that in a bit.
These games are accessible on mobile devices and desktop computers, and even tested with Chinese devices. China is one of our largest markets, hence why Singapore is such a hot spot. With all of our online titles, we have to especially anal about why flies and what doesn’t. (You can’t have a game focused on the number 4 since it resembles the word for “death”. I’m serious.) When we do localization testing (22 languages and I had to verify all of them), Chinese and Traditional Chinese were our highest priority. If a game didn’t sell well there, the UK or Australia, it was considered a failure.
The reasoning for the red tape mention is because online gambling that isn’t taxed in the united states is considered illegal. Since we were working on such software, our company shared that our base resides outside of the US, which was technically true. We had a branch in the UK that reached out to us quite frequently. We never saw games come out of them that we knew of. Before I left, we had three stations within the US. Yes, one is definitely in Vegas. Our company name changed three times supposedly “to appeal to more markets”, however I definitely feel it was due to the red tape. Even in the UK website of our company, none of the US titles have been mentioned or even advertised, which is even more bizarre to this day.
I’m rambling though, let’s get into the meat and potatoes of our games. Loading times were typically under 5-7 seconds, to the point where if it loaded any longer, they would fail testing. It was even to the point where if it loaded longer than ten seconds, it would not be featured on a casino gaming platform. Financial testing, as you would expect, is especially anal. We always have to show the correct amount, the correct bonuses, correct bets, correct line wins, correct amounts awarded by symbols, etc. Even if one detail is wrong, your company is history. We heard a story of a physical machine in NYC awarding the wrong amount to a “winner”, and the company basically going under with a lawsuit attached. (The “winner” won that case, but she didn’t receive the money won from the game.) I remember very vividly finding a serious issue within my first week of working there and the main QA tester on the project basically getting his asshole ripped off from missing it.
You’re absolutely right about the tacky/classy visuals. We did our best to replicate common themes that were considered popular (Candy Crush, Licensed Works, Sexy Fantasy, etc.) All of these visuals are bright, colorful, and clear to the users. If anything was considered misleading our out of theme, we’d have to redo that art piece again. Due to the red tape, for all of the voice work we had to do, the sound guy either allowed lady friends (and I kid you not, his DAUGHTER) to do sexy voice lines, OR would even allow coworkers to voice the characters. I can’t share too much about this title, but I’m happy/unhappy to say that I voice a horse with big jiggling tits for one of our titles. I’m not kidding. Although interestingly enough, in the UK, that game was pulled due to a law that was passed about “child-like animations” being used in adult content (casino games, apps, etc.) We also did more deco, retro and even glamorous Vegas-like visuals. It’s all to pull you in. The bonus games and symbols so meant to be exciting and enticing, and even when you lost a bonus game or didn’t win, we had to be careful of the phrasing we used the “End Bonus Game” screen.
There are a lot of boobs in these games. “Not pornographic” as our boss would say “We don’t want to be too tacky”. When we had a meeting regarding the design of one of our games, we had a female coworker that brought up the fact that “If the robber is wearing a leather catsuit, when she’s on a motorcycle, she would get terrible brush burn from the zip down the middle if she has her chest out.” Because of that comment, our CEO sat all of the women down and uncomfortably brought up that this was the market and meant for their largest audience, “40 year old asian women”. I would not make this stuff up if I tried. It was a bizarre place to work. Shareholders visited that place often, and if they wanted something changed, even something major, despite the deadline being two days away, we’d be forced to do it.
Hours were long and borderline abusive, I worked 65+ hours the first month I worked there. You were never safe on weekends and there were several nights I worked from 9 am in the morning, to 3 am the next day. For those nights, we had to coordinate with a company in South Africa that did our verification testing and get the product done before they started testing. Our boss had these long meetings about how amazing their workplace was, and “no other company would have free parking/free food in the fridge/etc”. It was basically a cult that made casino games. Software was constantly tracked for usage such as Youtube, Spotify, etc. Any conversations you had in a separate room away from everyone else was video recorded and brought up in the next team meeting. They supplied us with a lot of alcohol to the point where I became an alcoholic. The only people I got to hang out with were my SO at the time, and the people at my work. It was not uncommon to get shitfaced drunk after the end of every other day. One of my project leads even approached me after a particularly rough day and said “Go home, play video games and drink the night away.” Every time we did a release, there was this sticker ceremony where you had a shield and covered your shield with stickers that represented the titles you worked on. I still have my shield in the basement if you’re ever interested in pictures.
The thing that got to me the most was the reviews. One review that stuck out to me was an old man who went on vacation with his wife, and spent $5k on our game during the trip. Reading that made my stomach sink into the ground.
It’s a lot to unpack, but this is completely the truth. I hated working there and the video just brought back everything that I dealt with. I’m happy to be out of there and working on better software, better hours and better people. But yeah.. Um… thank you for reading. x/////x
submitted by throwmeingothtrash to iilluminaughtii [link] [comments]

All Bet Gaming - Great Features Of This Online Gaming Site To go to Allbet gaming official site, just click here now. Allbet Gaming is an online gaming and land gaming developer and a leading live casino. The company's credo lies, "Preeminent in security."

All Bet Gaming - Great Features Of This Online Gaming Site To go to Allbet gaming official site, just click here now. Allbet Gaming is an online gaming and land gaming developer and a leading live casino. The company's credo lies, submitted by MakhiCooke to HudSoft [link] [comments]

What To Look For When Choosing The Best Online Gaming Software Top 5 Features To Distinguish Trustworthy iGaming Software Provider - Starting an online gaming company, whether it is opening up a new site or taking over your existing land-based casino is an exciting feat.

What To Look For When Choosing The Best Online Gaming Software Top 5 Features To Distinguish Trustworthy iGaming Software Provider - Starting an online gaming company, whether it is opening up a new site or taking over your existing land-based casino is an exciting feat. submitted by MakhiCooke to HudSoft [link] [comments]

A Great Way to Get Started With Online Casino Gaming NetEnt Casino Software is an online gambling software company based in Stockholm and listed on the Nasdaq. It was founded in 1996 by Lars Ekstrand, now the president and a partner of the company.

A Great Way to Get Started With Online Casino Gaming NetEnt Casino Software is an online gambling software company based in Stockholm and listed on the Nasdaq. It was founded in 1996 by Lars Ekstrand, now the president and a partner of the company. submitted by MakhiCooke to HudSoft [link] [comments]

Find The Best Online Casino Gaming Software Provider Company in Australia - Vlsicasino

Find The Best Online Casino Gaming Software Provider Company in Australia - Vlsicasino
https://preview.redd.it/xnakl70apdb51.jpg?width=809&format=pjpg&auto=webp&s=5e654b11640eb5df66bbeb66767b71d5df9d4738
Would you like to succeed strikingly in online casino industry? By then our online gaming software platform is one-stop solution for you! Vlsicasino makes incorporate online casino gaming software that bolsters multiple technologies and competitions!
Follow The link - Best Online casino Software provider company
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submitted by vlsicasino to u/vlsicasino [link] [comments]

Shares in UK gambling companies have plunged in value by hundreds of millions of pounds after the industry regulator said it would consider slashing the maximum allowable stake on online casino games to £2.

submitted by ManiaforBeatles to worldnews [link] [comments]

Shares in UK gambling companies have plunged in value by hundreds of millions of pounds after the industry regulator said it would consider slashing the maximum allowable stake on online casino games to £2.

This is the best tl;dr I could make, original reduced by 46%. (I'm a bot)
Shares in gambling companies have plunged in value by hundreds of millions of pounds after the industry regulator said it would consider slashing the maximum allowable stake on online casino games to £2.
The Gambling Commission's chief executive, Neil McArthur, told a cross-parliamentary group of MPs investigating the harm caused by betting that it would consider their proposal to cut stakes over the next six months.
Between them, UK gambling firms' stock market value fell by more than £500m. McArthur promised to review online stakes during an evidence session with the increasingly influential all-party parliamentary group on gambling harm.
The curbs in effect amounted to a ban on the machines, which were criticised for enticing gambling addicts, because they are uneconomic for high street bookmakers at that level of stake.
Thursday's share price fall was the second time the APPG's intervention has led to hundreds of millions being shaved off the stock market value of the UK gambling industry.
The government has said it will review the 2005 Gambling Act, introduced under Tony Blair's Labour administration, amid growing concern about gambling addiction and transgressions by the industry.
Summary Source | FAQ | Feedback | Top keywords: gambling#1 industry#2 stake#3 value#4 online#5
Post found in /worldnews.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Four gaming companies hit with online gambling lawsuits over ‘free-to-play’ casino games

Four gaming companies hit with online gambling lawsuits over ‘free-to-play’ casino games submitted by ILIkeGaySexNoHomo to gaming [link] [comments]

2019 Gaming Report: Focus on Casino Companies, Their Suppliers, Lottery, Online and Interactive, and Pari-Mutuel Companies - GlobeNewswire

2019 Gaming Report: Focus on Casino Companies, Their Suppliers, Lottery, Online and Interactive, and Pari-Mutuel Companies - GlobeNewswire submitted by g4m3f33d to GameFeed [link] [comments]

Gaming Report, 2019: Full Suite - Casino Companies & Their Suppliers, Lottery, Online & Interactive, and Pari-Mutuel Companies - ResearchAndMarkets.com - Business Wire

Gaming Report, 2019: Full Suite - Casino Companies & Their Suppliers, Lottery, Online & Interactive, and Pari-Mutuel Companies - ResearchAndMarkets.com - Business Wire submitted by g4m3f33d to GameFeed [link] [comments]

@MarketWatch: Casino operator MGM Resorts and U.K. gambling company GVC Holdings are creating a U.S. sports betting and online gaming joint venture https://t.co/dLyGmHKQGo

@MarketWatch: Casino operator MGM Resorts and U.K. gambling company GVC Holdings are creating a U.S. sports betting and online gaming joint venture https://t.co/dLyGmHKQGo submitted by -en- to newsbotMARKET [link] [comments]

Four gaming companies hit with online gambling lawsuits over 'free-to-play' casino games

Four gaming companies hit with online gambling lawsuits over 'free-to-play' casino games submitted by Corsterix to GameFeed [link] [comments]

International Online Gaming Companies Join US Casino Lobbying Group

submitted by Corsterix to GameFeed [link] [comments]

I’m hunting for a website on reviews about online casinos; a site with a dependable status and not predisposed towards certain gaming companies

Hello guys ^ I’d just like to ask for some help about casino online games? I’m quite positive that there are lots of casino players here, like me. I’m currently looking for a website that’s dedicated to reviewing online casinos, and I’d be grateful for all suggestions, ‘cos I’m relatively new to this casino thingy. As to the question of WHY, well, I am looking for a review site, ‘cos as I understand it’d help me decide which casino is the best fit for my tastes. TIA~
submitted by themoneymachine to casinoreviews [link] [comments]

I’m hunting for a website on reviews about online casinos; a site with a dependable status and not predisposed towards certain gaming companies

Hello guys ^ I’d just like to ask for some help about casino online games? I’m quite positive that there are lots of casino players here, like me. I’m currently looking for a website that’s dedicated to reviewing online casinos, and I’d be grateful for all suggestions, ‘cos I’m relatively new to this casino thingy. As to the question of WHY, well, I am looking for a review site, ‘cos as I understand it’d help me decide which casino is the best fit for my tastes. TIA~
submitted by themoneymachine to casino8 [link] [comments]

I’m hunting for a website on reviews about online casinos; a site with a dependable status and not predisposed towards certain gaming companies

Hello guys! I’d just like to ask for some help about casino online games? I’m quite positive that there are lots of casino players here, like me. I’m currently looking for a website that’s dedicated to reviewing online casinos, and I’d be grateful for all suggestions, ‘cos I’m relatively new to this casino thingy. As to the question of WHY, well, I am looking for a review site, ‘cos as I understand it’d help me decide which casino is the best fit for my tastes. TIA!
submitted by gambler_moneymaker to casino8 [link] [comments]

I’m searching for a site about reviews on online casinos; a site with a trusty reputation and not biased towards gaming companies who pay

Hullo people ^ I’d just like to ask for some help about casino games online? I’m positive that there are plenty of casino gamers and players here, like me. I’m currently searching for a website that’s dedicated to reviewing online casinos, and I’d appreciate all suggestions, ‘cos I’m relatively new to this casino thingy. As to the question of why, well, I am looking for a review site, ‘cos as I understand it’d help me decide which casino is the best fit for me. TIA~
submitted by hugewinner to casino8 [link] [comments]

DraftKings (NASDAQ: DKNG) - Deep Dive Research - Part 2

Deep Dive #1 (Part 2 of 2) – DraftKings, bringing sports to life (Is it a 10
TL:DR
Hi everyone, thanks for coming back for Part 2. If you missed Part 1, you can read it here. I’m excited to bring you the rest of my research on DraftKings (NASDAQ: DKNG). Let’s dive in.
Can we 10X from here?
For someone like me that is on the younger side and with a longer investment time horizon, and probably you if you are reading this, an important question to ask yourself is “Do I think this investment could 10x from here?”. In other words, could this investment one day be 10 times what it is worth today? To try to answer this question, I will work through a pre-determined framework that I believe gives us the best path to find out.
The framework includes:
  1. Leadership – Desire, Purpose and Ownership
  2. Risk Considerations
  3. Price Considerations
  4. Explosive Business Growth
1. Leadership – Desire, Purpose, Ownership
For a company to do something as spectacular as 10x, we are going to need to see really strong and talented leadership. In Chris Mayer’s excellent book “100 Baggers”, he dedicates a part of the book to talk about the importance of what he calls “Owner Operators”. By this he means that the CEO of the company owns a substantial amount of stock in the company themselves. Why is this important? If the CEO has their own personal wealth at stake in the company’s stock (just like we do as shareholders) their interests are more aligned with shareholders and maximizing returns for shareholders than they would be if that CEO had no skin in the game. It’s also better in my opinion if the CEO of the company was also the founder of the company. For these founder-CEO’s that have money invested in their own company, it really is like their baby. Would you rather have your money invested with someone who views the company as their baby or with someone who was just hired to watch this kid (the company)?
Having one founder in leadership is good, but how about three? You have to love that. These guys worked together to start this company 8 years ago, and today they hold the three highest positions within the company. Jason, Matt, and Paul were all co-workers at Vistaprint in 2012. Vistaprint is a global e-commerce company that produces physical and digital marketing products for small and micro businesses. All three of them studied computer science/engineering in college with Matt and Jason picking up an additional majors in business/economics. This makes sense as Matt and Jason are CEO and President while Paul is head of Global Technology and Product. At Vistaprint, they worked in various analytics and marketing roles and became good friends. They had a passion for fantasy sports. They liked season long fantasy sports, but saw a big opportunity in daily fantasy sports. They went to work right away on building a digital platform for daily fantasy sports from a spare bedroom in Paul’s Watertown, Massachusetts apartment. Talk about humble beginnings.
I think that FoundeCEO Jason Robins has really shown that he can take care of his baby and lead it to big wins. Over the past 8 years, he has successfully lobbied in multiple US states for legalization of DFS and sports betting. He has helped DK obtain key partnerships with major sports leagues including becoming the official DFS partner of the NFL in 2019. At the time of the deal, Jason was quoted in an article in the Legal Sports Report by Eric Ramsey as saying:
“Throughout our discussions with the League, it was evident we share a common vision around the future of fan engagement, and we are excited to continue on this unique journey with the NFL as our ‘Official Daily Fantasy Partner” and calling it “a defining moment” for the industry.
It’s very important that the CEO of a company like this, trying to essentially create a new industry in the United States, is tactful at getting deals done with key business partners and lobbying for change with the government. I believe this bodes well for DK’s future.
Also, Jason is very respected and admired by his employees. On Glassdoor, he has a 99% approval rate. I’ve honestly never seen a CEO with an approval rating that high. I think this strongly corroborates my thesis that he is a great leader.
Also, DraftKings has very happy customers. Using Net Promoter Score (NPS) which is one of the most reliable and unbiased ways to find out what a customers true experience with a business is and how likely they would be to recommend it to a friend. For DK, their NPS is extremely high and is substantially better than their main competitor – FanDuel. On a scale of -100 to 100, DK has a 71 NPS, while FanDuel has a 54. This is a testament to leadership’s commitment to creating a great user experience. It really shows that company leadership can follow up on their word and deliver what they promise.
In terms of leadership, owning their company, Jason owns about 4.3% of the company worth about $880 million at the time of this writing. Fellow co-founders Matthew Kalish and Paul Liberman both own about 1.8% of the company, with their stakes each worth about $350 million. I think it’s fair to say that these guys are invested in the success of the company that they started and are motivated to grow their company’s worth for themselves and shareholders.
2. Risk Considerations
My investing strategy is to buy companies of high quality, that are growing at a rapid pace, and then hold my position in those companies for a long time (5, 10, 15 years or longer) as long as I continue to stay satisfied with that companies’ ability to execute their business plan and have productive quarters that meet or exceed expectations. It’s not “Buy and Hold”. It’s “Buy and Continuously Verify”. If you are going to take this strategy, you have to understand the difference between risk and volatility.
To me, risk is the possibility that I can lose my entire investment. As long as I am not trading on margin (I don’t) or short selling (I don’t) the most I can possibly lose when I buy stock in a company is 100% of my money. The risk I’m taking on is 100%. But what is my upside? Is my upside limited to 100%? Of course not. I can invest $10,000 into a company and it can grow to $100,000 (1,000%) or it can grow to $1,000,000 (10,000%). There’s really no limit. Volatility is a natural side effect of being a rapidly growing, disruptive company, that at times the public may struggle throwing a valuation on. It’s your ability to sit through these wild price swings while maintaining conviction in the company’s long term prospects that will allow you to possibly experience a 10x or maybe even a 100 Bagger.
Can we completely eliminate risk? No. But I do think there’s ways we can go about reducing it with our investments. Before considering a company for investment, I have a list of a few questions I go through to see if there’s any red flags that I think could make the investment too risky for me.
Question 1: Is the market cap under $1B?
No. DK’s market cap is $20.5B. Companies under $1B market cap are small/micro cap companies. Penny stocks fall in this category. To me, companies this small are riskier because they haven’t built up enough credibility to get big time financial backing, they’re less known by the public, and less scrutinized by the public than larger companies.
Question 2: Is there one customer that accounts for over 10% of revenue?
No. DK had 1,021,000 Monthly Unique Players (“MUPs”) during Q3 2020, which is up 64% YoY compared to Q3 2019. I seek to avoid customer concentration because if something goes wrong with that one customer or they lose them, it could have a materially negative impact on the business. Luckily, with DK we don’t have to worry about this.
Question 3: Is the company a turnaround story that was recently struggling?
No. DK was founded 8 years ago (2012) and has been on an upward trajectory ever since. As a matter of fact, DK was founded 3 years after FanDuel (2009) and did a great job of not only catching up to them but surpassing them on many metrics. I’ve used both and can honestly say I enjoy DK a lot more. Since they were listed on the NASDAQ on April 24, 2020 the stock is already up 160% from around $19.
Question 4: Is the company in an industry that is set to decline?
No. I don’t think I need to write too much about this. Ultimately, DK is a digital entertainment platform. Common sense should tell you that’s a good industry to be in right now.
3. Price Considerations to 10x
In this part of the framework, I want to focus on the price and the path to 10x from the current price. As of this writing (11/30/20), the market capitalization (market cap) of DK is $20.5B. For those of you that are new investors, I’ll give you a quick breakdown of what this means.
Market cap = Shares outstanding * Price per share
So if Company X has issued 1,000,000 shares, and each share is trading at $50, the Market cap of Company X would be $50M. For reference, this would be a very small company (a micro-cap) that you or I have probably never heard of.
The market cap tells you the total value of the company as a whole on the stock market today.
To achieve 10x in 10 years, a stock will need to have a Compound Annual Growth Rate (CAGR) of approximately 26% per year on average for each of those 10 years. This would obliterate the S&P 500 which has averaged roughly 13.5% per year the past 10 years.
Now back to DK. In order for DK to 10x in 10 years from this current point ($20.5B) it will have to reach a market cap of roughly $205B by the year 2030. For reference, Disney (DIS), has a market cap of $268B as of today. Disney might be a good investment, but they’re not going to be worth $2.68 trillion dollars in the next 10 years. Size of the company matters when trying to 10x. For reference, the highest valued company in the world right now is Apple (AAPL) at $2 trillion.
Disney is considered the gold standard of the entertainment industry. But keep in mind, Disney’s position in entertainment is well established and if anything, would really be declining in the current macro environment if not for their Disney+ streaming service. Even one of the oldest leaders in entertainment like Disney realizes the value of having a digital entertainment platform. However, with the Disney story being very mature and in it’s golden years, the DK story is in the early innings. Better yet, to quote DK CEO, Jason Robbins from the Q3 earnings call, the sports betting part of DK’s business is “in spring training”. For those of you who don’t follow baseball, “spring training” means that the season has not even started yet. The entire premise of DK as a company in my mind is that they are a digital entertainment platform. With the current world macro environment including the immediate and long term impacts of the COVID-19 pandemic, I believe digital entertainment platforms (especially ones where you can win money) are primed for success. I know it’s a bold prediction to say a stock is going to 10x in 10 years but I believe DK does have a long enough runway for that type of growth to occur. Speaking of growth, let’s talk about that a little more.
4. Explosive Business Growth
We’ve talked about the path for the stock price to 10x, but a necessary ingredient for that to possibly happen is explosive growth. I like to see that top-line revenue is expected to grow at least 20% for the next five years. It’s this type of growth that makes companies that appear very expensive today, actually not as expensive as they look. Personally, when I’m evaluating a growth stock, the first thing I look at is the Price to Sales ratio (P/S). The formula for this is simple:
Price to Sales Ratio (P/S) = Market cap / Last 12 months of Revenue
For DK, the current P/S ratio is $20.5B / $550M* = 37*
*To get $550M, I took Pro Forma Jan 1 – Sep 30 Revenue of $320M and added projected Q4 revenue of $230M from the Q3 earnings call.
To be fair, a P/S ratio of 37 is quite high. It means that as a shareholder, you are paying $37 for every $1 of revenue the company generates. And that’s before considering expenses. You might be saying, “Mark, that’s outrageous, why the heck would I pay $37 just to make $1 of sales?”. The answer is one word – growth. By taking a stake in DK today for the long term, you’re essentially banking on two things.

  1. Revenue will grow rapidly over the next few years to make this ratio more reasonable
  2. Investors in the future will still be willing to pay a premium to have a stake in DK (maybe not a premium as high as $37 for $1 of sales, but a premium nonetheless).
In terms of explosive growth, it has been so far, so good for DK. In the most recent quarter (Q3) ending 9/30/20, revenue was $133M which is up 42% from the same quarter in the prior year. Analysts are expecting a similar trend to continue over the next five years, they forecast at least 20% growth each of the next 5 years.
If the market cap stays exactly the same as it is today ($20.5B), then the P/S ratio by the end of 2025 will be roughly 7. That is a lot more reasonable than what you see today at 37. However, the market cap is not going to be exactly $20.5B by the end of 2025. Too many things will have happened by then (hopefully mostly good things) for the company’s worth to be exactly what it is today. With all the runway for growth here, if management can execute, and actualize these impressive projected growth rates (or maybe exceed them?) I think investors will still be paying a high premium to have a stake in a company like DK.
Will investors still be paying a 37 P/S ratio five years from now? Probably not, but it’s interesting to look at what the company’s value would be if that were the case.
37 * $2.8B sales = $104B.
I don’t think it’s realistic to think investors will still be paying that high of a premium, but maybe the premium will be somewhere between what it is today (37), and what it would be with no price change (7). This is me just speculating and guessing for fun, but lets take the mid-point of that range (22) and see where it gets us.
22 * $2.8B sales = $62B.
This would be roughly a 300% return in 5 years under these assumptions with a CAGR of 25% per year. Not too bad! Again, take this part of the write up with a grain of salt as I am making a lot of assumptions and doing a lot of speculation here.
This concludes Part 2 of my DraftKings deep dive. Hope you enjoyed and be sure to stay tuned for the next pick and for any updates about this one!
***POST-EDIT: Thank you all for the positive feedback! Please comment below what ticker you think I should do my next deep dive on? One with a similar runway for long term growth would be preferred!***
Disclosure: I am/we are long DKNG. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
submitted by Historical-Comment36 to investing [link] [comments]

"I think I've lived long enough to see competitive Counter-Strike as we know it, kill itself." Summary of Richard Lewis' stream (Long)

I want to preface that the contents of this post is for informational purposes. I do not condone or approve of any harassments or witch-hunting or the attacking of anybody.
 
Richard Lewis recently did a stream talking about the terrible state of CS esports and I thought it was an important stream anyone who cares about the CS community should listen to.
Vod Link here: https://www.twitch.tv/videos/830415547
I realize it is 3 hours long so I took it upon myself to create a list of interesting points from the stream so you don't have to listen to the whole thing, although I still encourage you to do so if you can.
I know this post is still long but probably easier to digest, especially in parts.
Here is a link to my raw notes if you for some reason want to read through this which includes some omitted stuff. It's in chronological order of things said in the stream and has some time stamps. https://pastebin.com/6QWTLr8T

Intro

CSPPA - Counter-Strike Professional Players' Association

"Who does this union really fucking serve?"

ESIC - Esports Integrity Commission

"They have been put in an impossible position."

Stream Sniping

"They're all at it in the online era, they're all at it, they're all cheating, they're all using exploits, probably that see through smoke bug got used a bunch of times"

Match Fixing

"How many years have we let our scene be fucking pillaged by these greedy cunts?" "We just let it happen."

North America

"Everyone in NA has left we've lost a continents worth of support during this pandemic and Valve haven't said a fucking word."

Talent

"TO's have treated CS talent like absolute human garbage for years now."

Valve

"Anything that Riot does, is better than Valve's inaction"

Closing Statements

"We've peaked. If we want to sustain and exist, now is the time to figure it out. No esports lasts as long as this, we've already done 8 years. We've already broke the records. We have got to figure out a way to coexist and drive the negative forces out and we need to do it as a collective and we're not doing that."

submitted by Tharnite to GlobalOffensive [link] [comments]

Well sadly we didn't win the Labor of Love steam award, but it won in all of our hearts <3

Well sadly we didn't win the Labor of Love steam award, but it won in all of our hearts <3 submitted by FierySerge to Terraria [link] [comments]

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