GBA's "2021 Stock Phantasma"

HOLY SHAFTMEIZER!!!!!! WHOOOOO HOOOOOO. I LOOK SMART! :)
Penn National to acquire Score Media for $2B in cash, stock » 07:15 PENN, SCR<----

Oh Joe Terranova is So Pissed!!! Oh Baby!!! Now I get to call in and catch these guys at the HF not noticing... I'll say sell Score they will look it up expecting nothing big and Whamo!!!!

Should of listened Boys!! I told ya they were the go to in Canada!!!! ha ha ha ha ha
 
stonedinvestor said:
HOLY SHAFTMEIZER!!!!!! WHOOOOO HOOOOOO. I LOOK SMART! :)
Penn National to acquire Score Media for $2B in cash, stock » 07:15 PENN, SCR<----

Oh Joe Terranova is So Pissed!!! Oh Baby!!! Now I get to call in and catch these guys at the HF not noticing... I'll say sell Score they will look it up expecting nothing big and Whamo!!!!

Should of listened Boys!! I told ya they were the go to in Canada!!!! ha ha ha ha ha
More...
If these big players are on an acquisition spree Stoney.... I'm buying more ELYS
$ELYS $4
 
--- DRAFTKING WHO'S WITH ME!!!! I know a SPAC I know...
It's just an urge I have no real reason... Except Football season is almost here $$$$$ And I wouldn't mind gambling if they could set up in NY. I'd use Dking why not?

WHAT TO BUY! This is my chance I'll have them on the email....

8x8 raises FY22 revenue view to $604M-$612M from $595M-$605M 17:01 EGHT Consensus $602.88M.

8x8 reports Q1 EPS (40c), consensus 0c 17:00 EGHT Reports Q1 revenue $148.3M, consensus $143.02M. "We were pleased with our first quarter results," said Dave Sipes, Chief Executive Officer at 8x8, Inc. "We introduced XCaaS (eXperience Communications as a Service) to break down the silos between cloud contact center and employee communications. XCaaS improves our customers' time to cloud transformation and does so with unparalleled innovation. We are delivering today what our competitors are envisioning for the future."

Ping Identity raises FY21 revenue view to $278M-$285M, consensus $269.29M 16:12 PING Previous view $264M-$272M.

Possible Gummy!
Ping Identity reports Q2 adjusted EPS 11c, consensus 4c 16:11 PING Reports Q2 revenue $78.9M, consensus $66.09M. "We had an active second quarter, where we announced several new solutions at Identiverse, acquired SecuredTouch, drove significant deal activity, and exceeded expectations across all of our key metrics," said Andre Durand, Ping Identity's Chief Executive Officer. "Results were bolstered by sustained improvement in the demand environment, which drove substantial growth in ARR and revenue that give us confidence for strong execution during the remainder of 2021."
 
Van I don't know ths Co but what about Genius?

Today News_

  • Genius Sports and DraftKings strike multi-year sports data supplier agreement

  • DraftKings will gain access to Genius Sports’ full portfolio of global sports data and content, including official NFL data and content

  • Genius Sports’ data-driven advertising tech to be used by DraftKings for customer acquisition and retention
Genius Sports price target lowered to $29 from $31 at Goldman Sachs 07/28
GENI
Goldman Sachs analyst Stephen Grambling lowered the firm's price target on Genius Sports to $29 from $31 and keeps a Buy rating on the shares. The analyst updated his model to reflect the company's capital markets transactions and disclosures on its NFL deal.


GENI
Genius Sports Limited
15.86
-0.47 (-2.88%)
At close: 4:00PM EDT
16.02
+0.16 (+1.01%)

Pre-Market:August 47:41PM EDT
NYSE - Nasdaq Real Time P
 
Look 6/10

Genius Sports 22M share Secondary priced at $19.00 06/10 GENI The deal size was increased to 22M shares from 20M shares. Goldman Sachs acted as lead book running manager for the offering.

Oh man those folks re under water! Goldman was the bank....Hummmmm
 
Just before the secondary--

Genius Sports initiated with a Buy at Needham 06/07 GENI Needham analyst Bernie McTernan initiated coverage of Genius Sports with a Buy rating and $28 price target. The analyst is positive on the company's positioning in facilitating the transfer of high quality data from sports leagues to sports books as the value of this data rises amid proliferation of mobile and in-game betting. Genius Sports will be able to grow wallet share as the sports betting market grows globally and as the company rolls out additional products to sports books such as ad tech and streaming.

This sounds a lot like Sportrader/// which i still think is going to IPO somehow... That could drive valuations for sports data up..

DKNG vs GENI
 
OH NO!!!!! GENIUS WAS A SPAC!!!!!!!

Nearly 20 states have legalized online sports betting, with more to come. Buses are plastered with ads for the sportsbook operators FanDuel an DraftKings. Investors have valued DraftKings (ticker: DKNG) at $30 billion, or 30 times its revenue, in recent months.


No wonder other sports-betting businesses aim to go public. SinceGenius Sports (GENI) merged with a SPAC and listed on the NYSE in April, its stock has shot as high as $25—valuing it at $5.4 billion, 20 times this year’s expected revenue—before recently settling back to $19, as some investors reconsider its high-risk, high-reward strategy.

Genius gathers the game data required by bookmakers—not just final scores, but live tallies of first downs made, free throws sunk, serves broken, and cricket wickets fallen. Fast, accurate reports on in-play developments are as important to the sportsbook industry as exchange-data feeds are to Wall Street’s traders, because nearly 70% of betting revenue these days comes from in-play wagers, sometimes known as “proposition bets” or “microbets.” Will a player hit a home run in his next at-bat?You can bet on it.

Two companies dominate the business: London-based Genius, and its much-larger rival Sportradar,<------- a privately held Swiss operation reportedly prepping its own IPO registration. The two compete fiercely. To prevail over Sportrader—and justify the hopes of its stock market fans—Genius is betting on cutting deals with sports leagues to become their exclusive official data provider. That strategy’s success or failure is likely to seal the fate of its shares, and any shares that Sportradar lists.

Historically, in-play stats were tallied by data scouts sitting in the stands with wireless phones, or were extracted from TV feeds—with no official sanction from a league. “Frankly, we never believed that was a sustainable business model,” Genius CEO Mark Locke tells Barron’s. “So, we started building a portfolio of official rights.”

So far, Genius is unprofitable. On $150 million in 2020 revenue, it had a $21 million operating loss. Ignoring non cash charges, its adjusted earnings before interest, taxes, depreciation, and amortization were $17.5 million.<-------

Just before it came public, Genius pressed its bet on official data, with a six-year deal to be the exclusive gambling data partner of the National Football League. Analysts and industry sources say Genius agreed to pay the NFL a steep $120 million a year—half in cash, half in stock warrants—for the right to gather the stats it sells to bookies. That looks like a heavy load, given consensus forecasts for Genius to have $250 million in revenue this year, and $330 million next year.

Genius Sports
Data provider for sports betting
Key Data
2021E Net Income(mil) -$30
2021E EPS -$0.15
Market Value (bil) $4
YTD Change 13%
Recent Price $19.00
2021E Sales (mil) $254
Headquarters London
2021E P/E N/A

CFO Nick Taylor says Genius and the NFL agreed not to disclose details, but notes that Genius has said it expects its NFL arrangement to break even this year, on a cash basis, and be cash-accretive thereafter.

Genius hopes that bookmakers will pay it a higher “take-rate”—slice of its customers’ gross gaming revenue—than today’s 2.7% for its official NFL information, plus additional fees for such services as digital advertising. “Our business is all about leverage,” says Genius CEO Locke.

The company’s plan could get a cold reception, says a veteran of large sportsbook operations. “There’s going to be a breaking point where the sportsbook operators cannot afford to pay the cost of rights, and the NFL is the test case,” he says.

In response to such concerns, Genius CEO Locke says: “There is a narrative out there that you don’t need to partner with the sport. That’s nonsense. We are on the right side of history.”

In 2019, Genius became the official distributor of betting information for English and Scottish soccer—including the English Premier League, the most valuable betting property on the planet. Genius tried to demand a greater take rate than the 1.5% to 2% historical norm. That demand was for well above 10%, says the sportsbook veteran. Genius settled instead for a fixed fee that was closer to its historical take rate, says the bookmaker. Genius CFO Taylor says his company was content with a fixed fee while it was privately-owned.

Needham analyst Bernie Mcternan has a Buy rating and $28 target on Genius stock, arguing that the data provider can boost its take rate to 4% of the sportsbook industry’s rising revenue. A 5% rate and faster industry growth could send the stock to $70, he predicts, while failing to get more than the current 2.7% would sink it to $7.<----

Locke calls 5% very achievable.

What seems certain is that the sports-data game will only get more intense. Last year, Genius and English soccer officials began ejecting Sportradar data scouts from Premier League matches. The companies are litigating in the U.K., with Genius accusing Sportradar’s data collectors of trespassing, and Sportradar accusing Genius of antitrust violations. Each denies the other’s allegations.<--- Ugly!
 
So this boils down to what did DKNG pay % wise////

That's not in the PR/

Genius Sports Limited (GENI)
NYSE - NYSE Delayed Price. Currency in USD

15.86-0.47 (-2.88%)
At close: August 4 4:00PM EDT
16.60+0.74 (4.67%)<------------
Pre-Market:08:38AM EDT
 
stonedinvestor said:
Just before the secondary--

Genius Sports initiated with a Buy at Needham 06/07 GENI Needham analyst Bernie McTernan initiated coverage of Genius Sports with a Buy rating and $28 price target. The analyst is positive on the company's positioning in facilitating the transfer of high quality data from sports leagues to sports books as the value of this data rises amid proliferation of mobile and in-game betting. Genius Sports will be able to grow wallet share as the sports betting market grows globally and as the company rolls out additional products to sports books such as ad tech and streaming.

This sounds a lot like Sportrader/// which i still think is going to IPO somehow... That could drive valuations for sports data up..

DKNG vs GENI
More...

I agree SportRadar is a gem, something will happen there.

DKNG might be the way to go. The reason I say that Stoney... is one has to wonder what WYNN's move in this space will be. They're not going let Penn and MGM control mobile sports betting.

Although Draftkings now retains this aura of the big dog on campus.... WYNN could buy them with their balance sheet rounding errors. And when WYNN makes a move, they always go big and they always go best. They wouldn't even look at a small operation like ELYS.

F#$%%... I knew I should have bought DKNG at $42. :banghead:
 
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