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

LONDON, January 17, 2019 / / PRNewswire/ —

FN Media Group Gifts Safehaven.com Market Commentary This is the stage where Las Vegas is transformed into Something Which transcends physical boundaries, and we’ve got the U.S. Supreme Court to thank you for opening up a Huge sports gambling market that-for starters-will probably absorb the $150 billion the American Gambling Association quotes is bet illegally 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 large and varied. Everybody from live in-game betting operators, to casinos, sports clubs and gaming program manufacturers are set to cash in their chips here. Some are even speculating that societal media giants such as Facebook (FB), Twitter (TWTR) and Google (GOOGL) will be clamoring to go into the sports gambling business because they could easily take advantage of their massive user bases and infrastructure. However crowded this distance becomesall stakes 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 replicate something like the quarter of a billion dollars in sports bets that New Jersey took in just in October, or better still, the $528 million which Nevada took in. So while casino stocks, for instance, flopped this year, analysts are anticipating outsized gains going forward. Since Bernstein’s Vitaly Umansky notes,»the gaming space indicates, time and again, that if investors pick the ideal market, the right company, at the perfect time, oversize returns are possible». Whether it’s an established casino giant angling for new flesh, a sports team that sees the green at partnering with the gaming world, or a savvy small-cap that sneaks into place itself as a end-to-end supplier of next-gen gaming solutions… Here are 5 stocks which can get investors to the game: #1 MGM Resorts (NYSE:MGM) The largest casino operator in the United States, MGM brings in more than $4 billion in revenue just from Las Vegas, but now its angling enormous for sports gambling, surrounding it on all fronts. In no uncertain terms, these guys are building a sports gambling empire that is poised to end up trumping their casino operations, according to their recent partnership deal with Major League Baseball (MLB), which also features in our Top 5 list. Thus, MGM will be MLB’s official gambling partner, adding to the resorts company’s sports line-up, which already included pro basketball and hockey. Investors are also watching how MGM’s partnership deal with Boyd Gaming is leveraged. BYD is among the largest sportsbooks operators in Las Vegas, and MGM will finally have access to the online and mobile gaming platforms-and vice versa-in several 15 nations. #2 Bragg Gaming Group, Inc. (BRAG.V; BKDCF) This little-known company boasts the single largest Facebook page in the internet sports industry, with 26 million fans that are sports fanatics. The Bragg Gambling Group is betting that many are prepared to pounce to a brand new sports betting app in the $150-billion marketplace that opened . Bragg is positioning itself as an end-to-end provider of next-generation gaming options, transitioning from the traditional tech and AI enterprise. It is a transformation that is timed specifically to take advantage of this critical moment for over-sized chances in the sports betting market. They plan on coping with everything from casinos, e-sports and poker betting, lotteries, B2B/B2C gaming technology and payment solutions, therefore Bragg is set to hit the floor running. Its secret weapon is its GiveMeSport subsidiary, the proud owner of this 26-million-strong Facebook sports information page, which beats even ESPN. Even better where timing is concerned, they are about to launch their first game to this massive audience. It’s a new program that they’ve been holding back for years, waiting for sports gambling to be hailed. The catalysts are mounting: Bragg has lately acquired Oryx Gambling, a turnkey gaming solutions provider for casino operators that include over 5,000 integrated games, including from Tier-1 gaming operators. That is when leveraging 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 merchandise and experiential platform to market its varied product package. Its sports gambling 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 gambling and then moving on to casinos, e-sports, poker, lotteries, B2B/B2C gaming technologies and payment services. So, Bragg will have three gaming and media assets: GiveMeSport, Oryx Gaming and GiveMeBet-all to be high-value businesses serving high-growth markets. The two GiveMeSport and Oryx Gaming are established machines. Since April 2017, Give Me Sport’s UK monthly traffic has increased by 5 million and currently exceeds 30M. Revenue has increased by a healthy 30 percent clip. #3 Caesars Entertainment (NYSE:CZR) Give unto Caesar what is his… and the recently legal sports betting bonanza is likely to do exactly that. Casino stocks will be among the biggest beneficiaries of the Supreme Court’s May judgment. And among the greatest specific catalysts is Caesar’s positioning of itself to obtain access to this wildly lucrative Japanese gaming market, after a Japanese ruling in July allowing Las Vegas-style casinos. Dubbed the’mother lode’ for Las Vegas gaming companies because of the Japanese penchant for gambling, Caesar’s is predicted to soar with this. However, not only on this: The place means it’ll automatically have access to additional Asian gaming tourists. The recent quarterly earnings also helped, together with CZR reporting $.0.03 earnings per share, meeting analyst expectations, with $2.19 billion in earnings for its quarter. #4 Madison Square Gardens (NYSE:MSG) As billionaire Dallas Mavericks owner Mark Cuban told CNBC shortly after the Supreme Court judgment on sports betting in May,»I believe everybody who owns a top-four professional sports club only basically saw the value of the group double» The nearly $7-billion market cap MSG, that owns the New York Knicks and the New York Rangers, now appears to be undervalued. And there are a number of big catalysts here. Longer-term, investors should be looking at the huge market potential for sports television and streaming rights right now. However, the greatest thing on buyer radar now is progress towards turning off MSG’s sports business, for that it filed its initial Form 10 on October 4th. The spin-off would indicate that investors can better assess the organization’s assets and future potential, as Forbes points out, providing both companies»enhanced strategic flexibility to pursue their own distinctive business plan and capital allocation policy». Number 5 Penn National Gaming (NASDAQ:PENN) Overall, it’s been a rollercoaster year for Penn, but the brand new lease on life for sports gambling affects things. This nearly $2.7-billion market cap casino company is placing its biggest bet yet with a $3.1-million gamble that the home will win. The price is the largest insider buy in 15 years. And it is about sports betting. Penn is planning to launch sports gambling at five Mississippi casinos and its Hollywood Casino. Additionally, it gained an increase in mid-November on information that it would acquire Detroit’s Greektown Casino-Hotel’s surgeries for $300 million in Cleveland Cavaliers owner Dan Gilbert, the creator of Detroit-based Quicken Loans. That rollercoaster showing this season, also PENN’s miss on analyst estimates in quarterly reporting wind up making the stock quite cheap after working from the new possibility of the sport gambling segment and also the casino company’s ability to grasp this chance. Other Businesses that can’t be forgotten from the new gaming boom: GameHost Inc (OTCMKTS:GHIFF) GameHost is a leading hospitality and entertainment provider based in Alberta, Canada. The company operates four principal properties in the Alberta province, every supplying slot machines, table games, top excellent hospitality and much more supposed to appeal to both casual gamers and committed players alike. GameHost is well-known for supplying dividends to its investors, a bonus for those who have stuck with the business over recent years. In reality, its focus on increasing value for investors is made abundantly clear in its mission to reduce prices and improve offerings, creating some of the highest profit margins in the business. By. Joao Piexe **IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY** 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 statements of future tense. Forward looking statements in this article include the gambling industry continues to grow; a larger investment chance than casinos might be in growth stocks like Bragg; this GiveMeSport’s brand new site begins with sports gambling before expanding into the other regions including casino games, e-sports, poker and lottery products; which Bragg Systems may have a system which would be approved by gamers; it can leverage the Offer Me Sport fan base into sports betting through Bragg’s platform to drive adoption and expansion; that Bragg can protects its intellectual property; the magnitude of the possible sports gaming marketplace; that Oryx provides it the gambling platform to split into the online sports gaming and betting market: that more states 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 range of gaming verticals in numerous jurisdictions. Forward looking statements involve known and unknown risks and uncertainties that might not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Things that might impact the outcome of these forward looking statements include markets might not materialize as expected; gaming may not turn out to have as large a market as presumed or be lucrative as consideration as a consequence of competition or other factors; fans who like sport may not be converted to internet sports gamblers; Bragg may not be able to offer a competitive product or scale up as thought because of potential inferior online product, lack of funds, lack of facilities, regulatory compliance requirements or lack of suitable contacts or employees; Bragg intellectual property rights software may not be granted as well as if allowed, might not adequately protect Bragg intellectual property rights; and other dangers affecting Bragg specifically and the gambling industry generally. The forward-looking statements within this document are made as of the date hereof and the Company disclaims any intent or obligation to update such forward-looking statements except as required by applicable securities legislation. Risk factors for the online sports gambling industry in general that also affect Bragg including without limitation the following: Competitors may offer better online gaming goods luring away Bragg’s clients; Technology changes quickly from the company and when Bragg fails to anticipate or successfully implement new technology or adopt new business strategies, technologies or methods, the quality, timeliness and competitiveness of its products and services may endure; Bragg may experience security breaches and cyber threats; regulators may impose significant barriers to internet gaming firms; Bragg’s business may be adversely affected if customer protection, information privacy and safety practices are not sufficient, or perceived as being insufficient, to prevent data breaches, or from the use of consumer protection and data privacy laws generally; The merchandise or services Bragg spreads via its stage may contain flaws, which may adversely affect Bragg’s reputation. 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