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 in time where Las Vegas is changed into Something Which transcends physical boundaries, and we have the U.S. Supreme Court to thank for opening up a Huge sports gambling market that-for starters-will probably absorb the $150 billion that the American Gambling Association quotes is bet illegally on sports every 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 big and varied. Everyone from live in-game gambling operators, to sports, sports clubs and gaming program makers are set to cash in their chips .
Some are even speculating that societal media giants such as Facebook (FB), Twitter (TWTR) and Google (GOOGL) will be clamoring to enter the sports gambling business since they could easily make the most of their large user foundations and infrastructure. However crowded this space becomesall stakes are on the home.
In May, the Supreme Court struck down a 1992 federal law that barred states from sports gambling. Now, many nations are lining up to copy something similar to the quarter of a billion dollars in sports stakes which New Jersey took in only in October, or even better, the $528 million that Nevada earned in.
So while casino stocks, for example, flopped this year, analysts are expecting outsized gains going forward. Since Bernstein’s Vitaly Umansky notes,”the gaming area has shown, again and again, that should investors pick the right market, the ideal company, at the perfect time, oversize returns are potential”.
Whether it’s an established casino giant angling for new flesh, a sports group which sees the green in partnering with all the gaming world, or a savvy small that sneaks in to position itself as an end-to-end supplier of next-gen gaming options…
Here are 5 stocks which can get investors into the game:
#1 MGM Resorts (NYSE:MGM)
The largest casino operator in the USA, MGM brings in more than $4 billion in revenue just from Las Vegas, but today its angling big for sports gambling, surrounding it on all fronts.
In no uncertain terms, these men are constructing a sports gambling empire that is poised to end up trumping their casino operations, as evidenced by their recent venture deal with Major League Baseball (MLB), which also features in our Top 5 listing. Thus, MGM will be MLB’s official gambling partner, adding to the resorts company’s sports line-up, which included pro hockey and basketball.
Investors will also be watching how MGM’s partnership deal with Boyd Gaming is leveraged. BYD is among the biggest sportsbooks operators in Las Vegas, and MGM will finally have access to its online and mobile gaming platforms-and vice versa-in several 15 states.
#2 Bragg Gaming Group, Inc. (BRAG.V; BKDCF)
This famous company boasts the single biggest Facebook page at the internet sports business, with 26 million fans who are sports fanatics. The Bragg Gambling Group is betting that lots are prepared to pounce to a brand new sports betting app in the 150-billion market that just opened up.
Bragg is positioning itself as an end-to-end provider of next-generation gambling options, transitioning from the traditional technology and AI enterprise. It is a transformation that is timed specifically to take advantage of this critical moment for over-sized opportunities in the sports betting market.
They plan on dealing in everything from casinos, e-sports and poker to sports betting, lotteries, B2B/B2C gaming technology and payment services, therefore Bragg is set to hit the floor running. Its secret weapon is its GiveMeSport subsidiary, the proud proprietor of the 26-million-strong Facebook sports information page, which beats even ESPN.
Even better where time is worried, they are going to launch their first game to this massive audience. It is a new program that they have been holding back for years, waiting for sports betting to be legalized.
The catalysts are mounting: Bragg has lately acquired Oryx Gaming, a turnkey gaming solutions provider for casino operators that comprise 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 advertise its diverse product suite. Its sports gambling arm will function under the GiveMeBet banner, functioning pretty much like Sky Betting and Gaming, which has been sold to the Stars Group to April this year for 5.7 billion.
GiveMeBet will funnel GiveMeSport’s 26M users and work to market them, starting with sports gambling and moving to casinos, e-sports, poker, lotteries, B2B/B2C gaming technologies and payment solutions.
Thus, Bragg will have three gaming and media resources: GiveMeSport, Oryx Gambling and GiveMeBet-all to be high-value businesses serving high-growth markets.
Both GiveMeSport and Oryx Gambling are proven machines. Since April 2017, Give Me Sport’s UK monthly traffic has increased by 5 million and now exceeds 30M. Revenue has increased by a healthy 30 percent clip.
#3 Caesars Entertainment (NYSE:CZR)
Give unto Caesar what is his… along with the recently legal sports gambling bonanza is very likely to do just that. Casino stocks will probably be among the largest beneficiaries of the Supreme Court’s May ruling.
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 judgment in July allowing Las Vegas-style casinos.
Dubbed the’mother lode’ for Las Vegas gaming firms because of the Japanese penchant for gaming, Caesar’s is predicted to soar with this. But not only on this: The place means it will automatically have access to other 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 the quarter.
#4 Madison Square Gardens (NYSE:MSG)
As billionaire Dallas Mavericks owner Mark Cuban told CNBC shortly after the Supreme Court ruling on sports gambling in May,”I think everybody who possesses a top-four professional sports club just essentially saw the value of the group twice .”
The almost $7-billion market cap MSG, which possesses the New York Knicks and the New York Rangers, today appears to be undervalued.
And there are some huge catalysts here. Longer-term, investors should be taking a look at the huge market potential for sport television and streaming rights right now.
However, the greatest thing on investor radar presently is progress towards turning off MSG’s sports industry, for that it filed its first Form 10 on October 4th. The spin-off would mean that investors can better assess the company’s assets and future potential, as Forbes points out, giving both companies”enhanced tactical flexibility to pursue their own identifying business plan and capital allocation policy”.
Number 5 Penn National Gaming (NASDAQ:PENN)
In general, it’s been a rollercoaster season for Penn, but the new lease on life for sports betting affects things.
This nearly $2.7-billion market cap casino organization is placing its biggest bet yet with a $3.1-million bet that the home will win. The deal is the largest insider purchase in 15 years. And it is about sports betting. Penn is planning to launch sports gambling at five Mississippi casinos and its Hollywood Casino.
It also got a boost in mid-November on news that it would get Detroit’s Greektown Casino-Hotel’s surgeries for $300 million from Cleveland Cavaliers owner Dan Gilbert, the creator of Detroit-based Quicken Loans.
That rollercoaster showing this season, plus PENN’s overlook on analyst estimates in quarterly reporting wind up making the stock fairly cheap after working from the new potential of the sport betting segment and also the casino company’s capability to grasp this chance.
Other Businesses that can not be forgotten in the new gaming flourish:
GameHost Inc (OTCMKTS:GHIFF)
GameHost is a leading entertainment and hospitality provider based in Alberta, Canada. The business operates four primary properties in the Alberta province, each supplying slot machines, table games, top excellent hospitality and much more meant to appeal to both casual gamers and committed gamers alike.
GameHost is well-known for supplying dividends to its investors, a plus for people 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 decrease prices and improve offerings, creating some of the maximum profit margins in the company.
By. Joao Piexe
**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
FORWARD-LOOKING STATEMENTS. Statements in this communication which are not purely historical are forward-looking statements and include statements regarding beliefs, plans, intent, predictions or other announcements of future tense. Forward looking statements in this article include that the gambling sector continues to grow; that a bigger investment opportunity than casinos might be in growth stocks such as Bragg; this GiveMeSport’s new website will start with sports gambling before expanding in the other regions like casino games, e-sports, poker and lottery products; which Bragg Systems may have a system which will be accepted by gamers; it can leverage the Offer Me Sport fan base into sports gambling through Bragg’s platform to drive adoption and growth; that Bragg can protects its intellectual property; the magnitude of the potential sports gaming marketplace; that Oryx gives it the gaming platform to break into the online sports gaming and betting market: that more nations in the united states will legalize sports gaming; and that Bragg’s revenues will continue to increase; and that the firm intends to raise and acquire assets throughout the entire range of gaming verticals in multiple jurisdictions. Forward looking statements involve known and unknown risks and uncertainties which may not prove to be true. Actual outcomes and results may differ materially from what is expressed or forecasted in those forward-looking statements. Things that might affect the outcome of these forward looking statements include markets might not materialize as anticipated; gaming may not turn out to have as large a market as thought or become lucrative as thought as a consequence of competition or other factors; fans who enjoy sport might not be converted to internet sports bettors; Bragg might not be in a position to offer a competitive product or climb upward as thought because of potential inferior online product, lack of capital, lack of amenities, regulatory compliance requirements or absence of suitable contacts or employees; Bragg intellectual property rights software might not be allowed and even if granted, may not adequately protect Bragg intellectual property rights; and other dangers affecting Bragg in particular and the gaming industry generally. The forward-looking statements in this document are made as of the date hereof and the Company disclaims any intention or obligation to update such forward-looking statements except as required by applicable securities laws.
Risk factors for the online sports gambling industry in general which also affect Bragg including without limitation the following: Competitors may offer better online gaming products luring away Bragg’s clients; Technology changes rapidly in the company and if Bragg fails to expect or successfully implement new technologies or adopt new business strategies, methods or technologies, the quality, timeliness and competitiveness of its products and services may suffer; Bragg may experience security breaches and cyber threats; regulators may impose substantial hurdles to internet gaming companies; Bragg’s business could be adversely affected if customer security, information privacy and safety practices aren’t sufficient, or perceived as being insufficient, to prevent data breaches, or by the use of consumer protection and data privacy laws generally; The merchandise or services Bragg distributes via its platform may contain flaws, which could adversely affect Bragg’s reputation.
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Vegas Over/Under: 42.5

Fromal’s Record Projection: 40-42 The Bet: Hammer the under The Philadelphia 76ers seem to one day on track. However, let’s not create a feeling of disappointment by expecting too much.
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Joel Embiid is not guaranteed to stay healthier. Ben Simmons and markelle Fultz have played in a zero games. The rest of the roster is laden with upside, but they’re by no means sure to break and produce strongly positive results in 2017-18.
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But incremental improvement is still far more likely than a massive leap from deep from the lottery to above .500.

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