Mission Statement Over the course of the last decade, MGM Resorts has engaged in a sweeping transformation, building a new Company on an entirely new trajectory and forging a single, unified vision about who we are and what we do. Our Las Vegas roots are a proud part of our history and a signature element of everything we create, wherever we may go. In our eyes,...
When faced with binary outcomes then bet small and just hold. Downside is easy to understand...won't be zero, and upside potentially large. Even if the stock meanders sideways waiting for more re-structure news and earnings coming up...or the squeeze....it's a nice bet. Ps..never short a dull market!!
Potential Price targets based on pitchfork into next earnings. Just hypothetical if the bullish trend continues. High Range: $79.61 to $87.34 Median: $79.61 Low Range: $70.95 to $79.61 DKNG raised its revenue outlook for the FY2021 from a range of $750 million to $850 million to a range of $900 million to $1 billion.
Bullish Engulfing candle yesterday with a nice follow-through today. Very close to completing a bullish MACD cross which would confirm the start of new bullish trend.
We are highly encouraged by the early foothold that we have established in this fast growing industry and we are well equipped to continue our expansion across North America. We believe the quarter with successful launches of theScore Bet in Colorado, I’m sorry, we began the quarter with the successful launches of theScore Bet in Colorado and Indiana and we’re...
Pointsbet 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,...
LCA under 22 is good buy for the merger, looking at 25 by January Support levels: 20.66, 19.40 My plan: 22.5 C, 25C for 1/15
DKNG is at a precarious spot right now although it held today. Volume is thin underneath this point and it can drop quick. A rally over the 51.18 level should flip this bullish.
Watch DKNG's momentum and volume next week for a possible dip-buy.
As requested! Video breakdown of $DKNG Follow us, and reshare!
This name is dependent on COVID news but has gotten back into formation and can make another big move up .
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...
FA, - 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 =...
After a gap down, the breadth of NASDAQ:DKNG might have changed. There was a broad trend channel forming since Sep 11 which might be broken with a low close today. If DKNG closes below 52.88, it will likely retrace to 49.68. If its channel holds DKNG could fill the gap formed on the 7th and continue in its sharp channel upward.
Great 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...
Sports-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...
DraftKings 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...
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,...