Van I sold my great gaming stock Entain. The one MGM will buy I did this to buy your ELYS this is entirely on your call! You said you wanted to make the calls... well my kids college is now at stake... I think they have Canadian operations right? SECTOR NEWS:Canadian Justice Minister David Lametti announced on Thursday that Canadians will be permitted to legally bet on single sporting events starting on August 27 as the country's long-standing requirement for wagers to be spread across multiple games and matches will come to an end,reported Yahoo Finance Canada's Jeff Lagerquist. "Provinces and territories will be able to offer single event sport betting products, like wagering on the Grey Cup, game seven of the Stanley Cup Finals, or the Super Bowl," Lametti said. "These changes to the Criminal Code will allow provinces and territories to use revenues to fund programming, such as health care or education, as they do with other lottery revenues." Reportedly, the federal government's role in the legalization of single-sports betting has basically come to an end now that cabinet ministers have set a start date. While operators are chomping at the bit to get a piece of the revenue expected to be generated, not every party was included on talks to get to this point. "The missing part of this is the Indigenous component. Indigenous people were left out of the talks that were had historically, and a number have very sophisticated and well-run gaming operations," he said. "Hopefully, we will move forward on that part of the file." Ontario and British Columbia are expected to be among the first to market with new gaming products. The British Columbia Lottery Corp. and the Ontario Lottery and Gaming Corp. both said on that they will have single-event sports products ready to launch on August 27.
I really like White Lotus. It's not a stock it's a TV show mini series on HBO check it out. It has a calming effect to watch a bunch in a row...
- Well I think I'll go down to the store? Where's my list? - Van? V- I wouldn't do that the store looks bad. - But I don't have paper towels or toilet paper. V- I wouldn't do it.
Hmmmm. I wish you would have asked 1st. I only pointed it out because of the volume this time around. The damn thing lives between $3.80 and $5.30. I think it'll pull back, but hopefully not. If worse comes to worse, you can always put the Wagoneer on E-Bay. That'll cover a few weeks of school at Boston College. I wonder if DIBS will let you sell bear skin rugs? Now there's an idea for ya. Ya know they eat bear meat up in Canada. For real. You got a freezer? Record highs across the board today Stoney. Eventually your "correction" theory will come true I guess. It's like when I said AMZN would break $1000 back in the day. It just took 8 months. I did however get the feeling that today might have been the highs. On tech at least. It's Friday the 13th right? Plus the My Pillow guy rented a venue for the Inauguration tonight. In S. Dakota. I bet they eat bear there too . Money is gonna get shuffled around next week. Ignore the VIX. Sector rotation is in the air. The gambling stocks will be fine I think. CGC at $18 is a good deal too. DKNG to the moon.
I'm not sure you quite understand the model Stoney. In a way, they make the shovels, but the shovels aren't physical things, it's a tech company. High margin stuff. It's complicated. The consumer stuff (B2C)... proven in Italy, will be available here as states come on line. It would be like if you owned a bar, they make terminals for your bar. Remember that Trivial Pursuit bar game where the waitress would bring you a little box and you could play locally (and also nationwide)? It was for fun, but people loved it and they would sit there and drink all night playing it. Sort of like that, but in this case you're at a sports bar like a BW3 or something betting real money. But there's more. They also generate fake events, not for real life wagering, but just for fun. Like horse races. Another great bar toy. Like the Trivial Pursuit game. Their B2B operation is the main business though. You're just gonna have to read about their solutions. Like I said, its involved. Here's some research notes. Boldface emphasis is mine. ******************************** Elys Game Technology, Corp., is a B2B global gaming technology company operating in multiple countries worldwide, with B2C online and land-based gaming operations in Italy. The Company has completed the product regulatory requirements to commence B2B operations in the United States. Elys’s innovative wagering solution services online operators, casinos, retail betting establishments and franchise distribution networks. The Company's segments include Betting establishments and Betting platform software and services. Betting establishments segment provides certified betting platform software services to leisure betting establishments. The Company offers a suite of gaming products, including Sports Betting, Online Casino, Poker, Bingo and Skilled and Interactive Games, Virtual Sports Betting and Horse Racing. Sports Betting offers both pre-match and live in-game betting events on a variety of sports. Virtual Sports Betting include computer generated sport and racing events that are random number generated (RNG). The terminals look nice: More notes: Elys Game Technology is a fully integrated, turnkey end to end international gaming technology company providing an innovative, world class Betting and i-Casino platform for land based and digital gaming operators. With over 20 years of experience in regulated sports betting and i-gaming operating, the company utilizes two distribution channels: retail land-based or on-site physical venues, and online through PC, tablet and mobile distribution, either directly to licensed operators or through value-added re-sellers or systems integrators in the leisure betting industry. The U.S. Sports Betting and i-Gaming Market is estimated to reach $7B by 2025 and $30B - $35B at total maturity. Featuring an all new leading-edge, world-class betting platform with a proven end-to-end technology, Elys Game Technology is planning to launch U.S. operations in 2021, and is well positioned to capture market share in Washington, D.C. - slated to be one of the most promising opportunities in the U.S. Elys Game Technology is able to capture a larger piece of the value chain with their effective B2B2C revenue model. Their technology has been optimized to fit the Sports betting legislation in the U.S. and they are under contract in two states and in progress with multi-jurisdictional license. They hold a strong cash position and are able to support organic growth in the U.S through 2025. They have no debt and are a significant acquisition opportunity in a rapidly growing US market. There is ~42% inside ownership. ************************ For ET:
Ya know what Stoney.... Friggin Home Depot. They report this week. I'm going out on the ultimate contrarian limb here..... $332 Put this thing in Granny's shorts. I realize they're a cash-cow.... and everyone on Wall Street loves them... AND any PM in the world would look like a fool to not own them... but there comes a point when a big box retailer reaches maturity and future growth starts impacting gross margins in a negative way. I think HD is there. Perhaps overseas the model will still work in a big way, but imo, U.S. growth is over. If that's the case, then the only way to deliver q over q bottom line expansion is to keep raising prices on BS that costs less than $30. Keep in mind, HD generates more profit off of a blister pack of $3.99 wall hangers than it does off of a $2700 riding mower. Now... there will always be the convenience factor, and that WILL allow them to continue raising prices on merchandise one needs today... but 3X AMZN stores(?!)..... ahhhh.... whatever... I can still see the convenience factor I guess. But one has to look at the bigger picture here. The cost of new stores and the land underneath. Where aren't they at?! Plus the labor and lights. That's gonna be a biggy too. This week is retail reporting week. I say let HD report a record breaking top and bottom line.... let it run...and then go in and short the thing around 2PM. Ballsy call on my part I know. Maybe wait for $400 instead of playing it on earnings day, because this thing is so damn loved... But it has topped. And yeah I know... the chart mocks me.... but hey..... I write what I feel. HD $332
VAN THE TIME IS NOW -! Hmmmm. I wish you would have asked 1st. I only pointed it out because of the volume this time around. The damn thing lives between $3.80 and $5.30. I THOUGHT YOU SAID BUY! What's my problem? I'm always never sure if it's buy or sell and this time I really thought you meant buy.... Ayyyyyyyyy. THE TIME IS NOW VAN-!- EBET Esports Technologies app surpasses 100,000 downloads on Apple and Google 08:29 EBET, AAPL, GOOG, GOOGL Esports Technologies (EBET) announced that its Esports Games app has hit 100,000 downloads. On this free-to-play app, players can win cash prizes by testing their esports prediction and trivia skills. Daily and monthly downloads have been increasing over the last four months, surging in July with 49,000 downloads. The app launched on the Google Play (GOOG, GOOGL) and Apple (AAPL) App stores in the United States, United Kingdom, and Canada in May 2021. Possible Gummy EBET TIME IS NOW-!!!! Roth Capital says 'it's time,' upgrades Planet Fitness to Buy 08:26 PLNT As previously reported, Roth Capital analyst George Kelly upgraded Planet Fitness to Buy from Neutral with a $100 price target. The analyst has been on the sidelines for over a year, but thinks the pre-COVID growth formula is fast approaching. Kelly also sees potential for new revenue streams and/or increased pricing for further leverage COVID "normalization." While Planet Fitness is not cheap, the stock trades below peers and pre-COVID highs, and investor sentiment should improve in the coming periods, he adds.
This is now looking like an up 300% call.... Agrify price target raised to $40 from $22 at Maxim 08:13 AGFY, CURLF Maxim analyst Anthony Vendetti raised the firm's price target on Agrify (AGFY) to $40 from $22 and keeps a Buy rating on the shares. The analyst cites the company's Q2 revenue beat as announced last week and discussion of an R&D partnership with Curaleaf (CURLF) announced in July. Vendetti adds that his price target is also driven by the expanding backlog and his increased confidence in the strength of the company's business model.