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SKILLZ“Our mission is to make gaming better by providing players with a fair and trusted competitive gaming experience and by enabling game developers to better monetize their content. We believe gaming is the future of entertainment, and in that future anyone can embrace their inner champion. The engagement we see from the players on our platform validates the connection they’re making with the community through competition,” continued Paradise. Third Quarter Financial Highlights Revenue grew 92% to $60.0 million during the third quarter of 2020, compared with $31.2 million during the comparable quarter in 2019 and the 19th consecutive quarter of sequential revenue growth. Gross profit grew 92% to $56.9 million during the third quarter of 2020, compared with $29.6 million during the comparable quarter in 2019. Gross margin was 95% during the third quarter of 2020, the same as during the comparable quarter in 2019. Contribution grew 177% to $19.1 million during the third quarter of 2020, compared with $6.9 million during the comparable quarter in 2019. Net loss was $(42.9) million during the third quarter of 2020, compared with a net loss of $(5.0) million during the comparable quarter in 2019. Gross Marketplace Volume1 (“GMV”) grew 76% to $411 million during the third quarter of 2020, compared with $234 million during the comparable quarter in 2019. Recent Business Highlights Expanded traction of hosted tournament offering, with celebrities including NFL Super Bowl Champion Marshawn Lynch and World Champion Hall of Fame boxer Floyd Mayweather selecting Skillz to power brand-sponsored tournaments. Launched first offline to online branded venue partnership with Bowlero, the owner of the Professional Bowlers Association and world’s largest operator of bowling centers. Bowlero selected the Skillz platform to blend physical and digital experiences for their 28 million annual players and build the future of competitive electronic bowling. Powered mass participatory fundraisers for leading nonprofits through the Skillz Gaming for Good initiative, including events with the American Cancer Society, Comic Relief, and American Red Cross. Watching this for Friday. I see some potential. Detail in photo! Like, Follow, Agree, Disagree! *Not investing advice
NYSE:SKLZLong
by Redimere_91
GALA most volume ever.After the largest cluster of volume ever a few days ago GALA is consolidating and looking to put in some higher lows. After a great reaction in the golden zone I would expect to see a break of the descending wedge and a breakout to the upside. 0.0000080000 and 0.0000088000 are the next most notable resistance areas. I have been long and strong with this project since before it was listed. GALA is founded by greats from the gaming and blockchain industry, Gala Games is redefining the world of gaming. Gala exists – to give the power in gaming to the people who should be in charge – the gamers. The games produced by Gala will always be free to play, and whatever you earn inside the game world will be YOURS. If you play a game and earn an asset in that game, that asset is yours to do whatever you would like with it. You own your gameplay, nobody else does. This means you can collect, trade, gift, or even sell your in-game assets in a way that has never before been possible. Additionally, unlike other game development companies, which actively discourage and forbid these sorts of outside transactions because they get nothing, we encourage you to explore how you can use and share your in-game assets with the rest of the world.
GLong
by forgedincrypto
6
Decentraland (MANA) - Poised For A Breakout?The 1-Hour Chart gives a pretty good reading on the recently volatile MANA / USD chart. It may come down to re-test one more time--depending on what Ethereum decides to do. "Don't you mean, 'depending on what Bitcoin decides to do??'..." Well, yeah, but BTC's in a bull-run, if you haven't noticed (it's recent "decline" includes increasingly lower volume at each low = seller's almost tapped out). So, if BTC's an inevitability, and if ETH has been trending up towards breaking out against its ATH, then MANA could be a pretty good play at its current prices. Sure, there's some "resistance" at $0.17-0.18 for MANA, but remember: MANA (oddly, right?) is one of the coins that Grayscale added to its trusts for public purchase. Maybe Grayscale wants to get a piece of the Gaming pie, and Decentraland has certainly put in the effort to establish itself into the blockchain-gaming niche. This is the sole reason for its recent surge a few days ago. And once BTC and ETH start their inevitable march (aka "launch") back up, coins like MANA are sure (not financial advice) to follow. noteworthy: The 6 coins added to Grayscale's trusts incl.... LINK (duh) BAT (sure, ok) FIL (yep, nice--although this one was added a while back) XTZ (large community of stakers) LPT (Livepeer? Uhh...alright, whatever) and...you guessed it, MANA Let's do this. 🚀🚀🚀 🌜☝️💰💰💰
BINANCE:MANAUSDLong
by ericpaulmangin
Longing on ASX:BET - uptick started todayThe ASX market appears to be heating up. Following on my other thesis on ASX marketing such as ASX:APT , ASX:CCP and ASX:Z1P , the other pick which I expect to see a lot of actions is ASX:BET . There are a few catalysts for BET during the few weeks: 1. It has just completed a round of SSP with over subscription hotcopper.com.au 2. Its price action has started an upward trend ever since the Dec 2nd with large transaction vol on that day, and showing consolidation ever since. 3. Contrast with the Gaming/Online Sport books in the US market, most of which has gone up 30-50% since Dec, the deregulation of online sport betting in the US market should benefit BET as well. 4. The upward candle of Jan 21st apparently is testing its all time high at 0.795. I am expecting BET to hit the 0.995 range before its earning release on Mar 2nd. Full disclosure, I put my $$ behind my thesis and just built a position @ 0.77 with a 10% stop loss @ 0.7.
ASX:BETLong
by Squishybrain
3
TSCRF - Score Media & Gaming - The Next Big Thing? HODL?TSCRF - Score Media & Gaming ____________________________________ Long Entry on Pullback to 1.87/1.62/1.43 Possible FOMO on volume & breakout Adding on Pullbacks near bottom of channel HODLing ______________________________________________________________________________________________________________________ This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and stay chill, 2degreez
TLong
by UnknownUnicorn7216011
GameStop Soars With Activist Ryan Cohen Gaining Board SeatsGameStop Soars With Activist Ryan Cohen Gaining Board Seats GameStop Corp. jumped after activist investor Ryan Cohen stepped up his transformation efforts at the struggling video-game retailer, gaining a seat on the company’s board along with two allies. Cohen’s RC Ventures -- GameStop’s second-largest shareholder, with a 13% stake -- has been pressing the Grapevine, Texas-based chain to undertake a strategic review to cut more costs. Cohen, the entrepreneur who helped build up the Chewy pet-supply site, also wants GameStop to increase the variety of products and services it offers online. “We are excited to bring our customer-obsessed mindset and technology experience to GameStop and its strategic assets,” Cohen said in a statement Monday. The stock rocketed up 210% last year on hopes that it would benefit from the release of new video-game consoles. GameStop lost some ground in early December after reporting third-quarter sales that missed estimates and announcing plans to sell more stock, but it rebounded toward the year’s end. Along with Cohen, Alan Attal and Jim Grube are joining the GameStop board. Both men worked with Cohen at Chewy. That news seemed to overshadowed a disappointing holiday sales release from GameStop, GameStop reported a 4.8% year-over-year increase in comparable-store sales for the nine-week holiday period ended Jan. 2. Coronavirus-related losses of store traffic knocked a high-single-digit to low-double-digit percentage off those sales, the company said, and net sales dropped 3.1% to $1.77 billion. finance.yahoo.com GameStop CEO George Sherman said in the news release that “together, we have reached an outcome that is in the best interest of all stockholders and can enable GameStop to accelerate efforts to deliver enhanced value for the company.” Excitement that Cohen can help turn things around was compounded by the stock’s high short interest, estimated at about 58% of shares available for trading, according to data from S3 Partners. That’s left the stock primed for a short squeeze. But the rise of digital game downloads amid declining earnings necessitate a bold new strategy. www.barrons.com
NYSE:GME
by AlenCiken