Here on a Sunday night to give you autists some time to cross-check my info, start your RH instant deposit, and let your wife's bf know you're coming back with a vengeance. Here's an in-depth analysis on DraftKings and how to maximize profits over the foreseeable future to squeeze this for every tendie we can. Now that many states face revenue shortfalls due to the coronavirus pandemic and wider budget deficits, there needs to be a push to fill that gap and nothing is better positioned than sports betting.submitted by omertaproject to wallstreetbets [link] [comments]
As you all know, $DKNG came to market through a SPAC merging with Diamond Eagle back in April, at the worst of the pandemic when live sports were dead and there was more uncertainty than ever for what was to come. Jason Robins, Draft Kings CEO, has balls of steel and knew that they needed to get to market quickly for a sports betting run-up the likes of which we've never seen. Sports are now on their way back, with a huge amount of positive catalysts coming up in the next few months to skyrocket this stock to the moon and beyond.
ManagementI want to clarify that a large amount of my conviction from this play comes from the incredible management team leading the company. CEO Jason Robins is a stand-up guy and has led the company through a huge amount of scrutiny since its founding in 2012. He comes from a data analytics background which could not be a better fit for the sports betting business. He prioritizes the high speed data that fuels the DraftKings platform as its most valuable asset and speaks often on the commitment his team has to ethical values and encouraging a trustworthy environment for its users to gamble their paychecks on the DraftKings platform.
I've linked a great interview to get to know the CEO and give further insight into DraftKing's plans moving forward below and highly recommend anyone going in on this play give it a quick watch. Jason is optimistic about the future of state's legalizing mobile sports betting moving forward and says they will continue to invest boatloads of money into customer acquisition costs through TV ads and billboards on a state-by-state basis. Link: https://youtu.be/2OVFB9piEC0
Any of you who have come across DraftKings commercials, YouTube ads, billboards, know that their marketing is on point. This is a great play because DraftKing's expansion has occurred thus far on a state-by-state basis. This means that there's a large part of the nation (actually the majority) that is still ignorant to the sports betting wave that is coming in 2021. DraftKings is positioned extremely well to lead the way into the ~25 states still waiting to pass the bill.
LegislationThe fact that the top 4 states in the country still have not legalized online sports betting presents a HUGE opportunity to ride this wave with little downside risk. Sports have already gone through the worst-case scenario during COVID shutdowns and survived—now we’ve got a great amount of positive catalysts coming up (NBA season, March madness, Super Bowl, etc.) that the general population is begging for some action on, paired with more money in their pocket from significantly less entertainment costs since the pandemic started.
The Wuhan Virus gave DraftKings a shot in the arm to streamline its way into most (if not all) of the remaining state's ballots during Q1 and Q2 due to the huge cut in tax revenues that the lockdowns caused across the country. Governor Cuomo of New York released a statement last week stating he is now considering the passing of mobile sports betting in order to raise the state's tax revenue during a time where Congress completely skipped them over in terms of providing aid through the stimmy. New York is a huge catalyst moving forward. In my opinion, this is a make or break for how things look for DraftKings moving forward, and will largely influence how other states react. Mobile sports betting scares states as it is new and so accessible, but if you do research into the Powerball and other loterry companies, it just took a push in the right direction for states to realize how much money they are leaving on the table by not participating in these emerging markets. Sports betting has already benefited the 9 states which passed the bill (NJ leading the way) and has NY as well as every other governor, feeling major FOMO.
Current states where online (mobile) sports betting laws have passed:
New Jersey: $931.6 million
Pennsylvania: $491.9 million
Illinois: $434 million
Indiana: $250.8 million
Colorado: $231.2 million
On May 14, 2018, the United States Supreme Court found the Professional and Amateur Sports Protection Act (PASPA), the federal law prohibiting states from authorizing sports betting, to be unconstitutional. It is now up to individual states to decide if they want to authorize and regulate sports betting in their state. Congress can also take action on the authorization and regulation of sports betting but has so far left it up to individual states.
As you can see, states are cashing out on the mobile sports betting wave, with New Jersey leading the way and making a large part of that revenue from NY residents crossing state lines to get their gambling fix in. Gov. Cuomo has been opposed to legalizing sports betting in the past, calling it "a violation of the constitution"...buut that was before covid lockdowns and his state was drowning up to their neck in debt.
DraftKings management issued extremely bullish guidance without even taking into account new states passing legislation. This is one of the things that I love about CEO Jason Robins that stood out to me in the hours of interviews/articles I’ve looked over. This man is the pinnacle of underpromising and over delivering. The staff at Draft Kings are extremely customer centric and focused on strong ethics to help them provide a platform for sports aficionados to enhance their viewing experience.
Data-Driven/Proprietary Tech Stack (the MOAT)Legislation aside, the other huge catalyst is DraftKing's unique approach to owning its own data and proprietary tech stack. I believe that this will be where DKNG separates itself from the competition that is rushing to this space and will give it the upper hand in acquiring, and retaining, a large percentage of new users across opening states.
From investor presentation: "Upon close of the business combination, DraftKings will become the only vertically-integrated pure-play sports betting and online gaming company based in the United States. Through the business combination, DraftKings expects to realize synergies by transitioning its risk and trading sports betting platform to SBTech’s, instead of relying on a third-party platform. In addition to reducing costs, DraftKings will control its backend system and product roadmap, differentiating the company from other U.S. operators and giving it the ability to tailor its sports betting product to U.S. sports and users."
"SBTech is a global leader in omni-channel sports betting and gaming, with more than 1,200 employees in 10 offices worldwide. Since 2007, the group has developed the industry’s most powerful online sports betting and casino platform, serving licensees in more than 15 regulated territories. SBTech’s clients include many of the world’s premier betting and gaming operators, state lotteries, land-based casinos, horse racing companies, and iGaming start-ups. The group supplies highly flexible betting and gaming solutions to clients looking for exceptional configurability and the quickest route to market, complemented by proven business intelligence and reporting capabilities. The SBTech offering includes its seamless sportsbook, Chameleon360 iGaming platform, managed services, on-property sportsbook and omni-channel solutions that provide players with constant access to sports and casino products across all online, mobile and retail channels. Supported by unrivaled expertise in trading and risk management, acquisition and CRM, and the highest standards of regulatory compliance, SBTech’s partners consistently achieve rapid growth, enhanced brand loyalty and record revenues."
DraftKings prioritized OWNING their own backend technology via this merger with SBTech, making them the first, and only company in this space to own their risk and trading platform. This gives DraftKings a huge edge to the rest of the market. It forked up the cash to keep everything in house not only to provide a better customer experience, but also to widen the moat against competitors as new states come onboard. The key here is to clarify that DraftKings and SBTech combined to be the only player in the market with 100% vertical integration and control of their own backend. Jason Robins and the rest of the management team are placing their efforts on having the best technology and the best product and really going all in on owning the U.S. landscape opening up, with as little need for cross-platform interaction as possible.
This acquisition of SBTech was a complete game changer because it allowed them to be independent from paying revenue share to a third-party for betting lines and risk management services.
Clarification: no other sports betting/fantasy sports/casino company currently has 100% vertical integration on the level that DraftKings has established.
iGaming BoomThis is where the market is missing the mark. Take the time to read over analyst reports, news articles, and interviews and you'll quickly notice 99% of the general market is completely glazing over DraftKing's iGaming sector. This industry has been a CA$H COW in Europe for awhile now, and is only getting started in the United States. Out of the companies that occupy this space, DraftKings is the only one to create one synergistic platform for Fantasy sports/Sportsbook/iGaming. This will be a huge value proposition that will ultimately rocket DraftKings to the top of the gaming market and solidify it as THE gaming powerhouse moving forward.
The infrastructure driving DraftKing's products and Tech (all in one platform)
Anyone that's watched the run of Skillz and the hype pushing PaySafe, knows how much anticipation there is for iGaming to become the new norm in the world of gambling. DraftKings has emerged as the market leader in each state they've launched in, and continue to gain more and more market share. Once new users get introduced to their platform, the cross-selling opportunity is limitless and creates an extremely sticky customer acquisition cycle.
Competitors like Penn and MGM are dinosaurs in this space and have been playing catch-up to DraftKings since 2012. The new age of gamblers don't want to drive to a physical casino location or buy a home desktop to gamble. Everything will be mobile and run in real-time. DraftKings has been building an incredible live-sports ecosystem (first to market) and innovates the possibilities of what you can bet on a daily basis. Just download the app for yourself and do some exploring. I believe this is going to boom in the TikTok/millennial crowd as more states start to hop onboard.
2021 ProjectionsPulled from the investor presentation, $DKNG has smashed every one of their 2020 assumptions listed below. For any stats guys out there, I would love to see some models at how much of this market is still up for grabs. DraftKings has positioned themselves to be at the head of this movement, and I believe that 2021 will be the year we really see them take off into triple digits share prices.
The catalysts are there, and the market is ripe for the taking. Their projections are extremely conservative and management lets the numbers do the talking. In my opinion, this is a bet on the management putting the dots together to EXECUTE as state legislation starts to go their way, once NY happens this shift will occur rapidly.
The management is incredible and truly displays a vision for wanting to prop up shareholder value in the long-term through valuable data, a fully integrated platform, and aggressive customer acquisition to take control of this market as states realize the economic deficits which they are facing going into a new year. This along with the unprecedented hype that is going to be involved with sports events this year, will skyrocket DraftKings to new heights.
This is not a bet on sports betting alone, it is a play on a data-heavy and analytically driven behemoth, with strategic partnerships (league, team, and celebrity partnerships) and one of the most aggressive marketing strategies I have ever laid eyes on. The stock soared earlier this years upon news of the Michael Jordan partnership (https://www.cnn.com/2020/09/02/investing/draftkings-michael-jordan-deal/index.html) and there is many, many more big moves in the pipeline.
ConclusionLong-term I am extremely bullish on people wanting risk to make up a daily part of their lives. The psychology of sports betting resembles that of the lottery and is becoming a must-have for people to have the choice to place bets from the convenience of their mobile phones. We are moving into a future where if risk and leverage are not involved, people will have little interest in dedicating their time to things. This shift can be seen with the boom in retail options trading (shoutout wsb gang) and will have a similar effect in sports, iGaming, and random prop bets/surveys that Draft Kings is innovating heavily in. This is not to mention the infrastructure that DKNG is continuing to build out to rival that of Europe in terms of live sports betting (which makes up three quarters of revenue for online sports books in the UK) and expanding their horizons to lesser betted on sports such as tennis, golf, soccer, etc.
If you've gotten this far, congrats you're just a few steps away from striking gold. Any feedback, comments, rebuttals, bear scenarios, etc. please comment. Good luck.
🚀🚀🚀 Bet at your own risk 🚀🚀🚀
Tl;drDraftKings has state legislation action coming, incredible management, is data-driven, is vertically integrated/owns its tech stack, has exposure to the full range of new world gaming (Fantasy/Sportsbook/iGaming), and is ahead of its competition forming league, team, and celebrity partnerships.
Sources (do your own DD dumbass)https://youtu.be/2OVFB9piEC0
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This post aims to show as many Top 14 jerseys as possible for the upcoming season - after all, since it is also reasonably likely to be cancelled, those might become collector items in the future. And for those who care about it, I have been trying to identify both the brands, sponsors (and what kinds of companies they are) along with other anecdotes when I can find some.submitted by Qiri_iuseY to rugbyunion [link] [comments]
The reason is that some sponsors really make the shirts uglier - I'm thinking of Bordeaux' Bourse de L'Immobilier on the chest, this one I'm sure will be more popular without sponsors. It's also interesting to see what kinds of companies sponsor rugby teams in France.
I'll try to update it when new kits are revealed (including Away/Third when applicable - although I will just link because the max number of images is reached there) - looking at you Stade Français. Also some sponsors are still missing due to me not having had access to all full kits yet, I'll see if I have the courage to look at butts in scrums to complete the list.
Image size has nothing to do with personal preference, I just tried to save some of my sanity by cropping the ones that were easier to crop (e.g. La Rochelle & Toulon). you can click on them I guess.
Favorite ones: Bayonne A, Montpellier H, Brive A
Edit: BTW, when I wrote "back - bottom" in the sponsor description, it means "bottom of the shirt, in the back", not "on the player's bottom" - that one is marked "shorts - back".
L & 3rd: Home, R & 2nd: Away
Main sponsor: Bigard (meat processing)
L: Home, R: Away
Main sponsor: MGP (insurance)
Main Sponsor: Arkea (insurance)
Main Sponsor: Vivendi (media)
L: Third, C: Home, R: Away
Main Sponsor: Matmut (insurance)
L: Away, C: Home, R: Third
Main Sponsor: Paprec (paper recycling)
L: Home, C: Away, R: Third
Main Sponsor: Apivia (insurance)
Main Sponsor: Matmut (insurance)
Main Sponsor: Altrad (construction equipment)
L: Home, R: Away
Main Sponsor: Total (oil and gas) - also on the back of the shirt
Brand: Le Coq Sportif
Main Sponsor: Natixis (bank) - also on the back of the shirt
Main Sponsor: Capri-Sun (fruit beverage)
L: Home, C: Away, R: Third
Main Sponsor: SPVIE (insurance)
Main Sponsor: Peugeot (automaker)
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The online casino offers both instant-play and downloadable versions, but it is also mobile compatible and available to just about any kind of portable device. One of its most remarkable features, however, is that, unlike the vast majority of online casinos, the site welcomes US players.
The web-based casino was launched in 2009, and today is one of the top online gambling destinations for North American players. It is available in English and French, while the only accepted currency is US dollars, which is an indication of the site’s focus on providing its services to the US market.
The country is quite an inhospitable place for gambling operators, yet the operator has apparently found a way to overcome the obstacles and bring US-based players the world-class gambling experience they deserve. The casino is owned by Tigress Management Ltd. and is licensed for conducting online gambling operations under the jurisdiction of the British Virgin Islands.
It is also one of the few web-based casinos which offer not only generous welcome bonuses but also holds various promotions in order to maximize the gaming experience of its most loyal customers. Moreover, the casino promises a special, “grande” bonus for American players, as well as a wonderful VIP Club available to all members.
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Software ProvidersMost online casinos today try to diversify their game offerings in order to cater to the needs of a larger group of people. This is certainly a great approach that has proved to be successful, but there are still many other gambling sites that shy away from modern trends and follow their own path. This virtual casino is a great example and is one of the casinos that work with a single software provider. But this is not necessarily a bad thing. On the contrary, by choosing the right partner, the casino has cemented its position in this competitive industry as a site offering a high-quality, reliable and highly preferred product.
The software company providing the games on this particular online casino is Atlanta and Costa Rica-based RealTime Gaming, which is regarded as one of the leading game developers. RTG, as it is better known, was originally established in 1998 and over the years has managed to grow and develop, becoming an industry leader.
Its experience in the creation and supply of casino software is evident. RTG’s games come in high-quality HD graphics, lovely music and sound effects, and smooth gameplay. The games have a distinctive style, easily recognized by all their fans. The gaming portfolio of the company is nicely balanced and includes not only slots but also a diverse range of table games and video poker titles.
The developer offers gambling operators two options; as an instant-play interface that uses Flash and can be opened easily in every web browser; as well as a downloadable casino software. Most RTG-powered casinos provide both of these and this one is no exception. There are over a hundred games that can be accessed in-browser or from the Casino Client and all of them load instantly and run without any problems.
The software emphasizes security and customization and is safe and reliable and considered one of the best in this industry. As the software is recognized all over the world, it is also available to US players.
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Play Grande Vegas Casino GamesThe online casino offers its customers a full collection of high-quality casino games, ranging from longtime favorites like video slots to classic table games such as blackjack, roulette, poker, and craps. Fans of video poker are also well-taken care of with a nice range of titles that can be found in most land-based and online casinos. For those who dream of becoming instantly rich, the online venue also offers several progressive jackpot games where winnings can go beyond the $1 million mark.
On the negative side, there is no Live Casino, which can be seen as a flaw, considering that most casinos today try to offer as many live dealer games as possible. We should pay little attention to the lack of a Live Casino, however, because the abundance of great RTG slots is really impressive. Many of the games have bonus rounds, extra features and plenty of other options that make the gameplay truly entertaining and intense. Casino members are able to play for real money and for fun, as well, which is a great opportunity for new players to try different games without the risk of losing money.
Slot MachinesMuch like slot machines in land-based facilities, online slots are the most beloved games in web-based casinos, attracting a large number of players with the promise of providing fun and possibly some nice winnings. They appeal to the crowds not with a low house edge like blackjack does, nor with the adrenaline and challenges of poker; they remain extremely popular because they switch certain emotional and psychological buttons inside of us. And for this reason, they will remain players’ favorite games, at least in the foreseeable future, experts say.
With over a hundred slot games on offer, this online casino brings players a variety of exciting 3 and 5-reel slots, as well as several quite unusual 6-reel games. You can spend hours playing the different games without feeling bored as they have distinctive gameplays, styles, and themes, as well as mesmerizing music that makes the experience even more enjoyable.
Among the most popular RTG video slots offered at the casino are the Egyptian-themed, Cleopatra’s Gold, Aztec’s Treasure, Cash Bandits, and Count Spectacular. There are also famous titles that can be found at hundreds of online casinos today including Crystal Waters, Enchanted Garden II, Fruit Frenzy, Aladdin’s Wishes, and others.
The casino also hosts select titles from RTG’s portfolio of progressive jackpot slots. These slots are in a network with the games hosted by other casinos supplied by RTG. Each bet placed on the particular game contributes some percentage to the jackpot, which is why it is called progressive; it constantly rises and can reach millions of dollars. There are several progressives offered here, including Aztec’s Millions, Megasaur and named for the famous ancient empire, Spirit of the Inca.
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Table GamesLarger casino software developers like Microgaming or NetEnt have much bigger collections of table games than the games in RTG’s portfolio. However, fans of classic casino action will be happy to know that at this virtual casino, they can play almost all RTG’s card and table games. This includes several variations of an option that has stood the test of time, blackjack, including Classic Blackjack 21, Perfect Pairs, European Blackjack, Face Up 21, Suit ‘Em Up Blackjack, and Match Play 21.
There is also a game of Pontoon, which is considered an earlier version of the classic blackjack.
The casino lobby hosts a few other card games, including baccarat, rummy, and table poker, all enjoying huge popularity in brick-and-mortar casinos across the world. Players at this online casino can choose from several virtual poker games, depending on their personal preferences, poker skills, and budget.
These include the game created in 1985 in the U.S. by Sam Torosian, Pai Gow Poker and Tri Card Poker, as well as Caribbean Hold’em, Caribbean Stud Poker, and Let ‘Em Ride which have progressive jackpots. The graphics of these games are quick, colorful and more authentic than you can imagine.
In addition, the casino offers several other table games such as the all-time dice classic Craps or the lottery-like game of Keno.
Another extremely popular casino game is roulette, which despite being a game of chance, does allow players to use certain strategies to increase their winning odds. There are plenty of variations and even more virtual releases from different software providers. The two most widespread roulette games, however, European and American Roulette, are available for free or real-money play here.
Video PokerAlong with virtual slots and table games, the online casino has also prepared a wonderful collection of video poker games for players to enjoy. Since its arrival in land-based casinos in the 1970s, video poker is slowly, but steadily gaining popularity, especially among online gamblers. The game derives from the 5-card draw poker, but just like slot games, and all other virtual casino games for that matter, it is also based on Random Number Generator (RNG) algorithms which determine what cards will be dealt.
This is the only random, chance-related aspect of video poker, the outcome of the game is a result of the player’s decisions and, therefore, can be controlled.
Whether you are a good poker player or not, you can easily play video poker; it is automated and simpler than regular poker. This online casino has a wide range of video poker versions, starting with the classic Jacks or Better game, which does not differ much from classic draw poker. Players can also place bets on Aces and Eights, Deuces Wild, Seven Deuces, All American, Joker Poker, Double Double Bonus Poker, and more.
There are versions featuring the so-called Wild Cards, which can substitute for any other card from the deck, while other video poker games offer higher payouts for certain winning combinations.
For more excitement, the casino has added a few multi-hand video poker variations, where you can bet on up to 52 hands simultaneously. While they bring fun and more opportunities for hitting a winning combination, these games will also make you spend more on a single round. This is why multi-hand video poker is recommended for more experienced players who are able to employ successful strategies when playing.
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Supported DevicesAs an RTG-powered gambling site, the online venue offers downloadable casino software, which is the standard casino from this developer. It is available for free download from the site. There is a large Download section and you will have the installation file on your PC or MAC just a few seconds after you click the Download button. Once the installation is complete, you can log in or register an account, make a deposit into your balance and start playing for real money.
You can also choose the Play for Fun mode if you wish to first explore the casino games and learn all the basics.
Alternatively, you can open the casino directly in the browser of your computer. All modern Internet browsers are supported, including Firefox, Chrome, Edge, Opera, Safari, etc. The Flash Casino lobby can be found in the section called Instant Play and it features even more games than the Casino Client. This is quite unusual, but the RTG’s instant-play platform is also rather exclusive and offered only at several other online casinos.
The site is optimized for mobile play, too. It is available on various touch devices, including iPhone, iPad, and Android phones and tablets. There is no need to download a separate application; the Mobile Grande Vegas Casino is accessible through the browser of your portable device. Its design and layout are almost the same as the original, desktop casino, so players who open it for the first time will be able to easily browse through its sections.
All of the casino’s functionalities are preserved in the mobile version, as well. Users will be able to register, play their favorite games, make deposits, and request withdrawals.
As expected, the mobile gaming collection is smaller than the offerings in the desktop casino. Still, players will have a great choice of games on their phones or tablets, including numerous slots, over a dozen video poker games, as well as several classic table games like blackjack, poker, and roulette.
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Grande Vegas Casino Bonuses and PromotionsThe promotions here are quite attractive to both new and existing players, allowing them to play their favorite games much longer or for free. Let us start with the Welcome Bonus, which, despite being nothing particularly exceptional, is still very generous.
There are qualifiers/wagering requirements that come attached with the bonus, so be sure to determine what they are prior to making a deposit.
In order to qualify for the bonus, players first need to either download the casino software or open the Flash Casino. After registering a real money account, they need to go to the Redeem Coupon section of the Cashier page of the casino and enter the code for the respective bonus they wish to receive. The coupon codes can be seen in the Promotions section of the online casino.
One condition regarding deposit and no-deposit bonuses players need to take into consideration is that not all games contribute towards the playthrough requirement.
The list of promotions at the online casino is quite long with plenty of other bonuses given on a regular basis.
There are many other special offers like cashback bonuses, extra spins giveaways, reload bonuses, as well as slot tournaments. In addition, the casino has a great Loyalty Program and players are automatically enrolled when they open an account.
Grande Vegas Casino Payment MethodsThere is one significant inconvenience, which is that international players will need to use US dollars if they want to play for real money at this particular online casino. This is the only accepted currency, which could be explained by the casino’s dedication to its American customers. The offered methods for making deposits and withdrawals are also quite limited compared to the wide range of banking options provided by many other online casinos.
The casino allows deposits to be made using credit and debit cards (Visa, MasterCard, American Express, and Diners Club International), digital wallets (Neteller, Skrill, and EcoPayz), the prepaid Paysafecard, different money transfer services (Western Union, MoneyGram), and wire transfers. The casino does not have any processing fees for the transfers and the deposit should appear almost instantly in your account balance.
When it comes to withdrawing your winnings from the casino, you have several options, but you should know that there is a pending period of up to 48 hours for every withdrawal. Also, financial transactions are not processed during the weekends. If you use a credit card (with the exception of MasterCard, as the card issuer does not allow withdrawals from casinos), the withdrawal will be completed within 3 to 7 business days.
If you retrieve your winnings to your e-wallet, they will be transferred within 24-72 hours. Wire transfers usually take between 5 and 10 business days to complete, while if you are receiving the payout via a courier check, you can expect it in at least 3 weeks. Sometimes, checks would arrive in over a month, which makes them a less preferred payment method.
There are certain deposit and withdrawal limits (maximum and minimums) players need to consider before registering an account here as well.
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Grande Vegas Casino Customer SupportWhen choosing a suitable online casino, players always look for the game offerings and the withdrawal times, but another very important factor that needs to be taken into account is the customer support. A good support team will be able to answer all your questions and provide assistance if you encounter any sort of a problem. You will also want timely responses.
Looking at all this, we can say that the support here is really excellent. The casino interface and support are available not only in English but in French, as well. The support agents can be contacted 24/7 via email or even better, via the Live Chat, where they will answer your query you within a few minutes. There is also a toll-free phone number for US-based players, as well as an international line for the rest of the world.
If you feel all these are not convenient enough for you, you can also call the support via Skype; it's quick, easy and free of charge.
When it comes to the support agents, they are experienced, knowledgeable and very efficient, and are ready to assist you with anything you need. The professional, timely support service, here will definitely make your stay at the online casino more comfortable and enjoyable.
Licensing and Restricted CountriesThe virtual is owned and operated by Tigress Management Ltd., which is not one of the large gambling operators, but it is well-known in the industry as a safe and reliable partner. It is registered and licensed under the jurisdiction of the British Virgin Islands and is one of the few options for US-based players. Due to the strict regulations in the country, residents are accepted by only a small fraction of the online casinos today.
Here, however, they can play their favorite games for real money without having to worry about their safety over the web. The casino utilizes SSL encryption in order to protect its customers’ personal and banking data. All financial transactions are encrypted and perfectly safe.
There are, however, certain regional and country restrictions when it comes to real-money wagers at the casino. Currently, the virtual casino does not allow registrations to be made from several states and these are New York, Kentucky, Washington State, Maryland, New Jersey, Louisiana, and Missouri. It also does not accept players from countries and regions where offshore online gambling is prohibited by law.
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Aight if mods ban this nothing I can do. Clearing up a few concerns listed on last post regarding if merger if finalized.submitted by Scared_Bearrrrr to smallstreetbets [link] [comments]
Added to sports betting ETF giving investors way more confidence about the merger. This was posted 2 hours ago so this will be a catalyst driving LCA up tomorrow.
Those who showed interest will get extra DD. Ill answer any questions in the comments.
LCA- SPAC merging into GNOG during Q3 (september octoberish). Online gambling company positioned in the sports betting industry.
Important look at management.
Tilman is the owner of the Houston Rockets with a net worth in the billions. Also the recent push on stock price is due to Cramer giving positive feedback on the company and that management delivered on its promises of closing the awaited Michigan deal giving LCA more exposure.
Announced last to last week.
The next week Tilman delivered.
Comparison with main competitor DKNG
Dkng- 10B market cap and is not profitable. DKNG was a good investment in the 20 buck range but now its already half way up.
LCA- 500 M market cap and is already profitable being the leader in New Jersey already so as states expand towards legalizing online gambling, LCA is in the best position to dominate.
Legalization being pushed BUT IS NOT why this play is so attractive.
With the NFL opening up during August, this will be a catalyst for LCA as they have positioned themselves into sports betting. Even for some reason the NFL closes, more traffic to LCA's online casinos. Win win. Main thing I am saying is explosive growth while being COVID PROOF.
EDIT: OUTDATED AND LAZY TO REPLACE TECHNICALS. OVERSOLD AF RN
LCA has a SMALL ASS float. So on news this runs hard as hell. When LCA starts running prior to the merger expect huge FOMO psychological effect for investors piling in an undervalued comapny and the share price just explodes.
MACD and VWAP line flirting with each other for a crossover. This might bring a technical breakout due to the NFL news released this weekend. Never base plays on technical analysis but this is nice to support your plays.
People say that "Oh Americans have no money how will they gamble"- well gambling is sadly a poor man's mindset. Desperation and hope fuel gambling which is very apparent in this mindset. Rich or poor, current economic state has little to do with LCA's stock price, so no worry in this aspect.
Profitable with huge growth ahead!
TLDR: LCA is an undervalued company in one of the 2 hottest trends: SPACs and Online gambling and sports betting.
My positions: 9/18 $15 C and a shit ton of shares. Looking to add more calls on monday if price is right.
I would say an entry below $14 in calls and shares is phenomenal for the move coming here.
I entered my calls and shares at $13.11 ish
I put a starter positon at $14 and added heavy at 13s and 12s.
RH for u autists
I bought around there and kept averaging down. Under $14 would be my recommended entry.
DO YOUR OWN DD AS WELL.
EDIT: AFTER REPOSTING THIS NEWS CAME OUT LCA BEING ADDED TO A SPORTS BETTING ETF.
Under $15 is the highest entry. Do not chase above.
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