It's National Video Game Day - Tell SRG Your Favorite Video Game!
National Video Game Day Weekend. That's right, September 12th is National Video Game Day. We asked what are some top video games of interest, and created a list. Now, it's your turn to give input. Check out the video game list below.
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Gaming and Entertainment Stocks: Investing in Sports Betting
Many of us have recently received stimulus money from the federal government.This is also income tax season. There will be millions of Americans entitled to tax refunds. If you are in a position to speculate on the stock market, the stimulus money and /or the income tax return can jump start that initiative. Looking for reasons and an industry to invest in?
The economy is slowly returning to Pre Covid levels. Restaurants are expanding their capacity and hours of operations. Casinos are allowing food and beverages to be served in gaming areas. Alcohol has returned to the pit table games. The states are looking to expand revenue options thru gaming.
Sports Betting and online gaming are two popular concepts that have been adopted by as many as 22 states presently. This is the ideal time to look at investing opportunities in gaming and sports wagering companies.
I look for stocks based on affordability and profit magin. I research what the price is presently and look at the historical trends of the stock. If a stock is trading at $25 and a year earlier has a purchase price of $50, I see a growth potential. I will look at the business plans of that company and determine if they are a good buy. I also set a price that I would be content to sell the stock at. If I bought 100 shares at $25, I would be happy to have the stock reach $35 a share. Contrarily, I have a depreciation price where I would sell and cut my losses. If the stock goes under 20 and has never done that in a 3 year period, I will sell and look to start again with another stock.Looking for the hottest deals and best gaming stocks? continue reading after the video.
Draft Kings: The current price is $48. The median expected price in the next 12 months is $75. It has a high estimate of 105 and a low of 41. Draft Kings made a recent acquisition of VSIN Network. “VSiN creates authentic and credible content that resonates with sports bettors at every level, whether they’re experienced or new to sports betting,” said Jason Robins, DraftKings’ co-founder, CEO and Chairman of the Board. CNN Money grade this stock as a buy.
Penn National Gaming: The current price is $86. The outlook for Penn National is good because they own Barstool Sports. Barstool is presently in 3 states and projecting to be in as many as 10 by the end of the year. The Street's Jim Cramer gave Penn a definite buy on 5/7/21. Jay Snowden,CEO of Penn National Gaming, expess optimism because of Barstool approach to player acquisition and the reopening of the economy.
Rush Street Interactive: RSI rang the opening bell on Wall Street on 1/5/21.The current price is $13. The recent moves by Rush Street are the signs of encouragement. Rush Street was nominated for the Operator of the Year by the EGR Awards for 2021. Then the announcement of Lauren Seiler as Associate Vice President of Investor Relations and Development. She brings expertise in i-gaming,sports wagering, land based operations and finance. BetRivers.com is thriving in Pennsylvania and is postioned in several new jurisdictions. Growth opportunity at the current price.
Several sports and gaming stocks have made major acquisitions. Caesars Entertainment acquired William Hill within the last two weeks.MGM Grand with it's sports betting app, Bet MGM ,have stated they are in the top 3 in the each of the markets where the platform is available. Fan Duel or Flutter Entertainment is a definite watch because of the name recognition of the brand. PointsBet has extended into a partnership with Penn National that will include 7 states.
There are several prominent companies that are not mentioned. I would take time to research the gaming ,sports betting and i gaming industries to find the best buy for your buck. There is a synergy between the three that offers value to the stock holder. I hold shares of several of the companies mentioned in this post.
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We write and post about online gaming, sports betting, poker, e sports and casino entertainment. This includes the games, events and operators that are associated with the aforementioned topics. The team has 20 years of casino operations experience with the last five years acquiring knowledge of the I Gaming community. The collaboration of nutrition, statistics analytics and professional engagement will heighten your awareness about 21st century gaming. The approach that makes us unique is that we emphasize smart responsible gaming. We believe that one facet cannot exist without the other.
Metro Report: NFL NFC East Draft Grades
I just finished watching the top 3 rounds of the NFL Draft 2021. I will give my grade of how each team in the NFC East fared with their first three selections. My grades are based on the team and their needs going into the Draft.
Philadelphia Eagles: The Eagles started out by moving up in the draft to 10 and selecting Devonta Smith. Smith was the Heisman Trophy Winner and the top reciever in college. His weight of 166 pounds did not scare the Eagles. It should be noted that Ja'Marr Chase and Jaylen Waddle were selected before Smith. The Eagles went after another Alabama standout in Landon Dickerson. He is a beast but has a history of injuries. He tore his ACL during the SEC championship game in December. In the 3rd round,Philly aded depth to the defensive line with the addition of Milton Williams, defensive tackle from Louisiana Tech. The selection of Dickerson and Williams were perplexing because the o line is relatively young with the exception of Jason Kelce. Birds had a glaring need to add to the secondary and they did not do it. Grade B-.
Dallas Cowboys: Dallas traded with their rival, the Eagles and selected Micah Parsons from Penn State. Parson was thought to be the best defensive player in the draft. He did not play in 2020 because he opted out to prepare for the NFL. The Cowboys added more defensive help with their 2nd and 3rd round selections of Kelvin Joseph and Osa Odighizuwa. The Cowboys addressed their abysmal defense with each of these selections. They should improve immediately if two of these picks become starters.
Washington Football: Washington improved the team by adding Jamin Davis an inside linebacker from Kentucky. The defense was already elite so adding speed to the linebacker position fits. There is a concern at QB that would have require Washington to move up to go after Justin Fields, The 2nd selection was Samuel Cosmi, OT from Texas. Benjamin St-Juste and Dyami Brown were both taken in the 3rd round. Justus will help in coverage and Brown give Washington another weapon at WR. Brown can compliment Terry McLaurin. Grade B.
Check out this week's poll on my website and tell me which NFL NFC East team did the best job in the 1st three rounds of the Draft?
New York Giants: The Giants traded back and gain a number one pick in next years's NFL Draft. They selected Kadarius Toney,a wide reciever from Florida. He is a play maker but the Giants appear to have address that need during free agency when they signed Kenny Galladay. Georgia's Azeez Ojulari will bring immediate help to the outside linebacker position by being selected 2nd. Ojulari was projected as a late first round pick. Adoree Robinson is a CB from Central Florida. He was selected in the 3rd round. While cornerback was also a position that free agent Adoree Jackson was signed to fill, you can always use additional coverage personnel. By adding more picks, the Giants made this draft and 2022 look very good.