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Great online sports betting play : Pointsbet ASX:PBHPointsbet ASX:PBH had a great year in 2020. Its share price has gone from 4.47 -> 11.87 in just one year. Back in March when the pandemic was first breaking out globally, its share price has once tumbled to $1, as everyone thought there would be no sport matches and people would have less money to gamble. There were indeed much less “games” during 2020, however the company strategy of expanding into the US has yield beautifully as the US market was relaxing their restriction on online sport bettings…and would be even more so in 2021. Was 2020 presenting the best sentiment for Pointsbet to operate? - Absolutely NOT. Will 2021 be a much better year for Pointsbet? - ABSOLUTELY! Especially with the vaccine coming in most of the developed country, sports games would start to return to normal, the opportunity ahead for PBH would only be much more compared to that in 2020. ON technical side, PBH stock price had a huge jump in August when their partnership with CNBC was announced. Its trading range has been contracting ever since, forming at least 4 textbook style VCP from Sep to Dec with shrinking trade volume, not to mention a huge wedge sharp has been formed and all the MA lines are now consolidating at around $12 range waiting for the next catalyst to breakout. I am seeing an excellent risk reward ratio with investing into PBH, taking its 100MA as cut lost and looking for huge upside to challenge its 52 week high at >$15 range within the next 3 months. disclaimer : currently having a position in PBH and will be holding for at least another 6 months.
ASX:PBHLong
by Squishybrain
2
MLCO Dip Buy MLCO has been trading very emotionally during COVID 19 and has bounced between support and resistance nicely. As we approach potential for vaccine and retail preforms this company could continue to post higher revenues as it recovers from Covid-19. After the earnings beat the stock jumped and saw prompt selling and price has pushed back down to the Gap/Imbalance from Sept. 13. My personal belief is that buyers are creating liquidity for a strong move. Considering the bounce in Airlines and Cruisers, there is a fair chance that MLCO holds support and tries for some of the unaccounted for areas from February once election uncertainty is cleared up. My target price for MLCO is 20.56 by Febuary 1 2021
NASDAQ:MLCOLong
by crawfordpaul
Betting on Draftkings : Oversold+signs of recovery $DKNGFA, - Market cap : 16BN. Global TAM : 70BN - Top rated app(4.8/5) - Currently in 7 states(12% of US population). 19 states with mobile legislation while ,majority are still being considered - iGaming CAGR New Jersey (2014-2018)- 25% - Products : Daily fantasy sports, Sportsbook,iGaming. - Building a great brand. -Personalized experience -History of track record = More data. - Michael Jordan as special advisor. GOAT - Habits picked up from Covid lockdown TA, - RSI oversold. 36. Rising up - Closed above downtrend on 4H - Short interest 23% Entry: 43 PT1:50.5 SL: 40.2 (6.5% max loss) Short term Swing Risks, - High volume during pullback - Hasn't closed above downtrend on daily
NASDAQ:DKNGLong
by ashainp
MGM Resorts International 100% upside potentialGreat news! Aug 11 Reuters: BRIEF-NASCAR And BetMGM Announce Multi-Year Sports Betting Partnership BETMGM TO OFFER LIVE, IN-RACE BETTING BEGINNING IN 2021 Aug 10 (Reuters) - Barry Diller's IAC/InterActive Corp IAC said on Monday it has bought a 12% stake in MGM Resorts International MGM for about $1 billion, sending the casino operator's shares soaring 14%. "MGM presented a "once in a decade" opportunity for IAC to own a meaningful piece of a preeminent brand in a large category with great potential to move online." Market Capitalization $10.42 billion Net Income $2.05 billion small 5.56 P/E ratio If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
NYSE:MGMLong
by TopgOptions
DraftKings Coming Off the 50-day SMASports-betting disruptor DraftKings was one of the most explosive stocks of the second quarter, almost quadrupling at its high-water mark in early June. It then stalled for a secondary stock offering (40 million shares at $40 each) and knifed lower into some interesting support areas. First and most important is the 50-day simple moving average (SMA). DKNG came within $0.03 of that line on Monday and has been bouncing since. Next, the current support area is near the post-earnings consolidation range from mid-May 15. Some traders might like to see a deeper test under $30, however this doesn’t always happen with a stock moving as fast as DKNG. Finally, the current pullback completes an ABC correction pattern. DKNG’s fundamental story is also interesting as barriers to online betting collapse. There has been anxiety with Penn National Gaming planning to release the Barstool app. But usually when an industry is growing like this, competition isn’t a big threat. If anything, it can draw more investors to the story.
NASDAQ:DKNGLong
by TradeStation
2
DKNG Scalp trade and Long term plansDraftKings Inc. operates as a digital sports entertainment and gaming company. It provides users with daily sports, sports betting, and iGaming opportunities. It is also involved the design and development of sports betting and casino gaming platform software for online and retail sportsbook, and casino gaming products. I like this as a long term company too but we missed the opportunity to buy the dip. Long term, i would pick some more up at $11. Short term, there's a quick scalp opportunity Buy at $21.90 Stoploss at $20.90 target $23.90 We got some possible bullish catalyst coming up with ufc fighting starting up again.
NASDAQ:DKNGLong
by WallSt007
NETFLIX NEEDS TO BUY ViacomCBS (VIAC) - GREAT COMBINATION! The mega deal, CBS / Viacom, is finally done but now we have ViacomCBS sitting at just 5x earnings. Netflix could gobble up ViacomCBS without hesitation. If Netflix bought ViacomCBS (VIAC), it would create a mega media mogul. With the purchase of ViacomCBS, Netflix would cut it's royalties / expenses because it would then own a mega selection of content. Also, with ViacomCBS in the sport betting industry, Netflix could open up sports betting in its app. which could generate billions in profits for Netflix. National Amusements / The Redstone family are in full control of ViacomCBS and with that said, the family is always looking for the next mega deal! Netflix has a market cap of around $162 Billion while ViacomCBS is sitting at around $21 Billion. Netflix could swallow up ViacomCBS without a blink of the eye and create a media giant that almost no other could compete with. A letter was recently sent to the Netflix board of directors asking the board to look at purchasing ViacomCBS and cut the cost / expense of royalties Netflix pays out for content. Lets see what happens! DISCLAIMER This website and our posts are for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this website and our posts has been researched and is thought to be reasonable and accurate, any investment is speculative in nature. StockKid, and/or our agents cannot and do not guarantee any rate of return or investment timeline based on the information presented herein. By reading and reviewing the information contained in this website and our posts, the user acknowledges and agrees that StockKid, and/or our agents do not assume and hereby disclaim any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this website or our posts, to make any investment decision, whether such errors or omissions result from negligence, accident or any other cause. Investors are required to conduct their own investigations, analysis, due diligence, draw their own conclusions, and make their own decisions. Any areas concerning taxes or specific legal or technical questions should be referred to lawyers, accountants, consultants, brokers, or other professionals licensed, qualified or authorized to render such advice. In no event shall StockKid, and/or our agents be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this website, our posts or any information contained herein. StockKid, and/or our agents specifically disclaim any guarantees, including, but not limited to, stated or implied potential profits, rates of return, or investment timelines discussed or referred to herein.
NASDAQ:NFLX
by UnknownUnicorn3159981
$150 BILLION INDUSTRY. 5x EARNINGS. DIRT CHEAP, STRONG BUY -READCBS Sports Partners with William Hill. It's the Latest Media Company to Embrace Sports Betting. -- Barrons.com Mentioned: VIAC VIACA By Nicholas Jasinski ViacomCBS' sports division will join with U.K. bookmaker William Hill on creating sports betting content across its digital and television platforms. It follows Fox Corp's deal with Stars Group on FOX Bet. Anticipated growth in sports betting in the U.S. is a part of many investors' bullish theses for media companies that broadcast live games. Announced on Monday evening, the agreement will give CBS Sports (ticker: VIAC) access to William Hill's (WMH.UK) betting odds, data, and sports books to be used in its TV programming and online offerings. CBS' main sports offerings include NFL games and the NCAA men's basketball championships -- the March Madness tournament. William Hill will be able to exclusively promote its brand on CBS Sports' website and on its fantasy sports platform, which have more than 80 million users a month, according to the company. "The power of our distribution, combined with the strength of our brands and the expertise of William Hill, has us well positioned to tap into the explosive growth of the legal sports betting industry in the U.S.," said CBS Sports Digital Executive Vice President Jeffrey Gerttula in a statement. "Together, we will deliver even more value to this rapidly growing segment of sports fans." The offering will have a limited launch in March, followed by a full rollout this summer. Financial terms of ViacomCBS' partnership with William Hill weren't disclosed. Sports betting is now allowed in 20 U.S. states with more on the way. The Supreme Court struck down a federal law banning sports betting across most of the country in May 2018. A recent Barron's cover story examined the booming industry, which could have a potential market as large as $150 billion annually. Fox Sports (FOXA) already has a deal with the Stars Group (TSG), an online poker leader. Stars plans to merge with Flutter Entertainment (FLTR.UK) -- the owner of Fan Duel -- after which Fox will have the option to buy 18.5% of Flutter. Fan Duel and DraftKings are the two leading online sports betting platforms in the U.S. (Fox has common ownership with Barron's parent company, News Corp.) DISCLAIMER This website and our posts are for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this website and our posts has been researched and is thought to be reasonable and accurate, any investment is speculative in nature. StockKid, and/or our agents cannot and do not guarantee any rate of return or investment timeline based on the information presented herein. By reading and reviewing the information contained in this website and our posts, the user acknowledges and agrees that StockKid, and/or our agents do not assume and hereby disclaim any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this website or our posts, to make any investment decision, whether such errors or omissions result from negligence, accident or any other cause. Investors are required to conduct their own investigations, analysis, due diligence, draw their own conclusions, and make their own decisions. Any areas concerning taxes or specific legal or technical questions should be referred to lawyers, accountants, consultants, brokers, or other professionals licensed, qualified or authorized to render such advice. In no event shall StockKid, and/or our agents be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this website, our posts or any information contained herein. StockKid, and/or our agents specifically disclaim any guarantees, including, but not limited to, stated or implied potential profits, rates of return, or investment timelines discussed or referred to herein.
NASDAQ:PARALong
by UnknownUnicorn3159981
Bullish options activity in IGT ahead of earningsIGT, International Game Technology, has been getting some unusually bullish call options activity today. IGT blew away analyst estimates on its last earnings report, and options traders may be betting on a repeat performance. IGT has been seeing particularly strong growth in its global lottery division. Even if IGT misses on earnings, it could soon start to gain as it rolls out its new "CrystalBetting" sports betting terminal. In addition to its growth potential, IGT has an $.80 annual dividend.
NYSE:IGTLong
by ChristopherCarrollSmith
Cryptocurrencies’ Opportunity In BettingBack in July, you may have seen an article posted here about cryptocurrencies’ place in the sports world . As detailed in that piece, teams and leagues in everything from European football to the NBA to kickboxing have explored various forms of investment in cryptocurrencies, leading many to believe that sports will continue to provide exciting opportunities on the digital currency front. In this piece, we want to expand on this idea by highlighting, in addition, to the exciting opportunities that the sports betting business can provide for cryptos. The Basic Perks Of Cryptos We tend to focus so much on cryptocurrency pricing these days that we forget about its basic appeal to users. Broadly speaking, it’s still the case that most consumers know relatively little about cryptos, or know a little bit but find them confusing or unnecessary. However, those who do understand cryptos and recognize their benefits tend to count instant settlement and fraud protection among the perks . These perks can be applied to a lot of different usage opportunities, naturally, but efficiency, security, and transparency are of particular importance to people betting online. While today’s sportsbook and casino sites tend to be fairly secure, there’s a history of less-than-reputable operators in this industry, which leads customers to be on their guard. So, in theory, instant settlement and fraud protection can be reassuring and appealing to sports bettors. The Expanding Betting Business If we’ve established why cryptos can be of interest to bettors, it’s also worthwhile to discuss where those bettors will do business. And the answer to that prompt is that there are betting opportunities in more places seemingly with each passing month. Sportsbooks have operated in Europe, in Oceania, in parts of Asia, and on islands around the world for many years now. More recently, U.S. laws have changed and sites are emerging in certain states as well, meaning Americans, too, will soon have widespread access to sportsbooks. Also of note is that these sportsbooks operate about as much through mobile channels as on the internet now, which serves to further expand access. All things considered, this is a growing and increasingly active business. The Clear Opportunity What the two points above illustrate is that betting – like the sports industry as a whole – represents a major opportunity for cryptocurrency. Cryptos are a natural fit for people who are looking to place bets as securely and efficiently as possible. And with the expanding industry, there are only going to be more and more bettors who fit that description. This suggests that if and when prominent sportsbooks choose to adopt cryptos, usage could take off.
CRYPTOCAP:BTC
by Financebroker
UnikoinGold (UKGBTC) Easy Profits (60%)UnikoinGold (UKGBTC) will move up really soon. A close above EMA50 will put us on the right track. Details on chart. Note: - Trade at your own risk. - Diversify. - Patience breath deeply always. - Take your time before entering a trade. - Have a plan. - Use a stop loss. - Sell for profits when we hit our targets. - Enjoy the profits. - Be grateful to yourself, life & God. - Thanks a lot for reading. - Hit LIKE fore more... Namaste.
U
by AlanSantana
5