Bragg Gaming Group Inc (NASDAQ:BRAG) Q1 2024 Results Conference Call May 9, 2024 8:30 AM ET Company Participants Yaniv Spielberg – Chief Strategy OfficerMatt Mazij – Chair of the Board & Chief Executive OfficerRonen Kannor – Chief Financial OfficerDoug Fallon – Group Director of Content Conference Call Participants Gianluca Tucci – Haywood SecuritiesJordan Bender –…
Rawpixel The Middle Eastern social media and gaming company’s revenue rose 7.7% in the fourth quarter, as its profit soared nearly 80% on better monetization and cost controls. Leading Middle Eastern social media company Yalla Group Ltd. (NYSE:YALA) is getting ready for “Act Two” of its move into mid- and hardcore games, after drawing the…
D. Lentz Above: The Vegas downtown market BYD properties are doing well but have been disrupted by construction. That is mostly past now. The massive proliferation of data and constant hash and rehash of metrics and analysis that accompany the coverage of securities today compels savvy investors to extend their need for more diverse sources…
Jean-Luc Ichard Above: The MGM lion’s roar is global. It’s a foundational strategy of the company to be wherever gambling moves going forward. MGM top line highlights FY 2023: MGM Resorts International (NYSE:MGM) Net revenue: $16.2b vs. $13.16b up 23% y/y. Gains mainly from Las Vegas and Macau properties. U.S. regionals edged down due to…
franckreporter Investment briefing With the global risk appetite now showing signs of imminent recovery based on recent market trends, there is potential scope to add beta back into equity portfolios in our estimation. The consumer discretionary sector has led the way along with communications services and utilities so far in Q4 2023 earnings growth for…
Yaroslav Astakhov The total number of users, i.e., gamers, is steadily growing, gaming revenues are trending up, and the space continues to evolve by leveraging new technologies such as virtual reality and cloud gaming. See the chart below which forecasts the growth in gaming participants. Newzoo Long-term growth is looking solid, especially due to the…
LPETTET Introduction When an investor thinks about real estate in Nevada, especially on the Las Vegas Strip, VICI Properties Inc. (VICI) is often the name that comes to mind. The REIT is very popular here on Seeking Alpha, and I’m a big fan of the company myself. I’ve published a few articles on the stock,…
Eric Thayer/Getty Images News Investment Thesis Electronic Arts (NASDAQ:EA) is a well-known gaming company and one of the earliest. The company is famous for its Need for Speed, Madden, NFL, Battlefield, and The Sims franchises of games. Another popular Electronic Arts game franchise, EA Sports FC, was recently rebranded from the FIFA brand name last…
Editor’s note: Seeking Alpha is proud to welcome Market Snippet as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Ken Ishii/Getty Images News Recommendation We recommend a Long…
This partnership with Datachain and TOKI marks the latest in a series of high-profile collaborations for Oasys, demonstrating its commitment to expanding its ecosystem and progressing through its roadmap. Oasys, a leading gaming-focused blockchain, has forged strategic partnerships with Datachain and TOKI to enhance the interoperability of Web3 games built. This collaboration with Oasys demonstrates…
Analysts at Fortune found that the flourishing landscape of blockchain gaming is not without its hurdles. As such, they have pinpointed several important factors hindering the sector’s growth. With the current global cryptocurrency market valued at around $1.54 trillion, the blockchain gaming sector is set to make waves over the next six years. According to…
The partnership between Oasys blockchain and Fireblocks will help web3 developers focus on building immersive games that entail seamless fluidity without worrying about securing digital assets. The web3 gaming industry has been touted as the best channel to onboard millions of new users to cryptocurrency and blockchain technology. As a result, Oasys blockchain, a layer…
Torsten Asmus/iStock via Getty Images It’s a sort of “game over” for ByteDance Technology Ltd. (BDNCE). The TikTok parent is restructuring its gaming business and prioritizing other long-term strategic growth areas, according to numerous reports last week saying the company would significantly downsize its Nuverse gaming brand. The move marks a rare setback for ByteDance,…
inside-studio/iStock via Getty Images Note to the Reader This is my third article covering Microsoft’s (NASDAQ:MSFT) continued push into gaming and the build-out of its Game Pass service. In previous articles, I’ve noted how the business model of game distribution is ripe for innovation and the threat that Game Pass may have to future competition….
PancakeSwap has called on web3 gamifi developers to join Pancake Protector and Pancake Mayor in engaging its vibrant 1.5 million potential monthly players. PancakeSwap Finance (CAKE), a vibrant web3 ecosystem that was initially built on BNB Chain but grew to a multichain project, has introduced its PancakeSwap Gaming marketplace for both developers and gamers. According…
Ivan Pantic When Corsair Gaming, Inc. (NASDAQ:CRSR) went public in September 2020, the market reception to the public offering was muted, despite a red-hot IPO market and great demand for gaming (and related equipment). Despite this soft market reaction, I was quite cautious on Corsair, although this caution was far too early with the benefit…
Bragg Gaming Group Inc. (NASDAQ:BRAG) Q3 2023 Earnings Conference Call November 9, 2023 8:30 AM ET Company Participants Yaniv Spielberg – Chief Strategy Officer Matevz Mazij – Chief Executive Officer Ronen Kannor – Chief Financial Officer Conference Call Participants Gianluca Tucci – Haywood Securities Jordan Bender – JMP Securities Adhir Kadve – Eight Capital Daniel…
Immutable intends to leverage the capabilities of its ecosystem to ensure that the joint effort with Ubisoft succeeds in affording players true digital ownership. Immutable, a leading Web3 gaming platform, has announced a significant partnership with video game giant Ubisoft. The collaboration is to create an innovative gaming experience based on decentralized blockchain technology. Ubisoft’s…
Oasys recently formed a strategic alliance with Adventure Gold DAO (AGLD DAO). This collaboration aims to improve the world of fully on-chain games while also supporting the growth of Autonomous Worlds. Oasys, a game-optimized blockchain that utilizes Ethereum’s Layer-2 scaling solution, has announced a strategic partnership with Singularity, a cross-chain payment solution. This alliance is…
The Pegasus Testnet has gone through various stages of rapid development in order to support Saga’s partners and innovators. Based on a report from Chainwire, Saga, a layer-1 protocol for Web 3.0 gaming, has announced the introduction of its Incentivized Testnet, which is known as Pegasus. This marks a major milestone for the project as…
Layer-1 blockchain Avalanche is known for its speed, low cost, scalability, and security. Blockchain horse racing game NEOBRED has announced that it is integrating with blockchain Avalanche to provide players with a superior gaming experience by leveraging the network’s speed and cost-effectiveness. A spokesperson from NEOBRED said of the integration: “We are excited to integrate…
Giuliano Benzin Investment Thesis Netflix (NASDAQ:NFLX) pleased investors again with Q3 earnings – company showed stable organic user base growth and it seems that management has been developing for last 2 years to work really well. We maintained BUY rating and there is still upside with potential development of the gaming segment. Q3 FY2023 earnings…
PM Images Thesis Boyd Gaming Corporation (NYSE:BYD) is an American gaming and hospitality firm based in Paradise, Nevada. Over the last 6 months, BYD has seen a 9.60% decrease in its stock price, a trend that I see turning around as we enter the latter quarter of the year. Historically, casino gaming firms see disproportionate…
Cloud gaming as a key aspect of what Microsoft is bringing to the world of gaming. A recent deal saw tech giant Microsoft Corp (NASDAQ: MSFT) paying $69 billion to acquire US game publisher Activision Blizzard Inc (NASDAQ: ATVI). However, according to venture capital (VC) firm Konvoy, that Microsoft’s deal might just be the start…
The Tokyo Game Show 2023 will feature Oasys and double jump.tokyo, highlighting the latest trends in blockchain gaming. The Tokyo Game Show 2023, renowned as one of Japan’s largest gaming expos, is set to host a significant exhibition on blockchain gaming. Oasys, a blockchain-based game development platform, and double jump.tokyo will be the main attraction,…
To use the AI tool, Opera GX users will have to enable “Early Brid” in their browser settings. Gaming browser Opera GX has announced an integration of the ChatGPT-powered AI feature Aria to improve the gaming experience for users. Aria was first launched on the flagship Opera browser in May to make it easier for…
Google also expects that all advertisers comply with the local laws of whatever region they intend to target with their ads. Non-fungible token (NFT) gaming is about to receive a major boost after Google revealed plans to update its ads policy. In a blog post, the tech giant confirms that the update, which takes effect…
Ivan Pantic Thesis Corsair Gaming, Inc. (NASDAQ:CRSR)is a leader in the DIY computer gaming hardware sector and is positioned to capitalize on favorable trends in the gaming industry, especially in streaming and eSports. The company offers investors an opportunity to benefit from gaming’s growth without the unpredictability associated with traditional game publishers. However, in the…
The Oasys prize pool, totaling $30,000 in USDT, will be divided among winners in the First Place $15,000, Second Place $10,000, and Third Place $5,000 respectively. Oasys Blockchain has recently teamed up with Amazon Web Services (AWS) to unveil an online Web3 gaming hackathon in Singapore. A recent press release shared with Coinspeaker revealed that…
Michael Vi Investment Thesis I believe Tencent Holdings Limited (OTCPK:TCEHY) stock is a buy. The company’s ‘super-app’, WeChat, underscores its unparalleled dominance in China’s tech landscape, reaping the benefits of network effects and offering a comprehensive range of services that cater to diverse user demands. Beyond this, Tencent’s global gaming endeavors, despite the temporary regulatory…
Sean3810 All amounts in USD. The news out of Macau continues to show the remarkable resilience of casino gaming in the speed with which the market is recapturing the lost revenue during the covid crisis. As we have long pointed out, the underlying fundamentals that have driven revenue since Macau’s earliest days in the 2000s…
The move is expected to boost the usage of non-fungible tokens (NFTs) within the gaming industry. Animoca Brands, a gaming and metaverse heavyweight has bet big on the crypto super app hi by investing $30 million into the project. According to the firm, the move is expected to boost the usage of non-fungible tokens (NFTs)…
Boyd Gaming Corporation (NYSE:BYD) Q2 2023 Earnings Conference Call July 27, 2023 5:00 PM ET Company Participants David Strow – VP, Corporate Communications Keith Smith – President, CEO & Director Josh Hirsberg – EVP, CFO & Treasurer Conference Call Participants Joseph Greff – JPMorgan Chase & Co Carlo Santarelli – Deutsche Bank Steven Wieczynski –…
ZEBEDEE, a FinTech and payments processor, has partnered with Beamable to simplify the integration of bitcoin transactions into gaming. This collaboration aims to remove the need for a server or systems operations team, making it easier for developers to add server-side features to games while ensuring superior security. Beamable’s platform enables game developers to integrate…