NJ Online Sports Betting: Which App Is Best? (September 2020)

New Jersey Online Sports Betting Legal?

Can someone clarify - is ONLINE sports betting legal in New Jersey?
I read about Gov Chris Christie fighting to legalize sports betting in NJ because its currently illegal. Then I saw bonuses back in February for placing bets on the Super Bowl at Bovada: http://www.vegasmaster.com/super-bowl-welcome-bonus-at-bovada-01292014/
What's the deeeal???
submitted by GamblinMan1 to newjersey [link] [comments]

Is it legal to offer online sports betting in New Jersey?

About a year ago, the Supreme Court struck down the PASPA law, which, in theory, paves the way for states to make their own decisions as to whether or not to legalize sports gambling.
I've tried Googling around, but the legal status of various things still seems murky to me.
Like I know you can legally bet on sports online in New Jersey as a consumer, but, for example, can anyone hack together their own online betting app and offer it legally? Or are there certain licensures that must be gotten to do so? etc.
submitted by Fringe_Class to AskLegal [link] [comments]

$24.3 Million in May: New Jersey Online Casino Revenue -- NJ Stays Hot with Casino Revenue ahead of Legal Sports Betting Launch according to BonusSeeker

$24.3 Million in May: New Jersey Online Casino Revenue -- NJ Stays Hot with Casino Revenue ahead of Legal Sports Betting Launch according to BonusSeeker submitted by prnewswireadmin to prnewswire [link] [comments]

BULLISH $SQ $DKNG $BA Option Plays [07/21/2020]

BULLISH $SQ $DKNG $BA Option Plays [07/21/2020]
Recap
Previous Research:
https://www.reddit.com/options/comments/hrbexa/bullish_options_plays_24_month_horizon/?utm_source=share&utm_medium=web2x
https://www.reddit.com/options/comments/huwfat/short_long_option_plays_07202020/?utm_source=share&utm_medium=web2x
This post covers Option Plays for $SQ, $DKNG, $BA
The time frame of these options are 3-6 months out, to avoid Theta burn and maximize ITM potential. The beauty of long plays is that the stock only needs to move a few % to be profitable, with a long time horizon as a hedge. Close the position within 2-4 months to minimize theta and maximize delta opportunity. I have also included a shorter time frame with higher risk/reward and lower premiums. Short plays are laid out, but not recommended.
1) Square, Inc $SQ [Information Technology Services] - BULLISH
Square, Inc. engages in the provision of credit card payment processing solutions. It is a cohesive commerce ecosystem that helps sellers start, run, and grow their businesses. The firms sellers downloads the Square Point of Sale mobile app, they can quickly and easily take their first payment, typically within minutes.
Bullish Square Case:
The ongoing shift toward electronic payments has created, and will continue to create, room for acquirers to see strong growth without stealing share from each other.
Ancillary services are becoming a more critical engine for growth and will help Square fully monetize its merchant client base and improve margins.
Electronic payment growth is shifting overseas, and Square’s business model looks portable into international markets, as the company does not rely on a large local salesforce to attract merchants.
$SQ profile, from FindMarketPlays early access platform
In both previous research posts, I discussed the bullish case of Twitter hinging on a successful subscription platform.
Source: https://www.theverge.com/2020/7/8/21317266/twitter-subscription-platform-codename-gryphon-job-listing
Subscription platforms require a reliable payment processor. Guess who Dorsey is going to choose to process payments for Twitter's subscription platform?
$SQ overlaid with $SHOP, following the same trajectory
$SHOP is trading at a 69x Price to Revenue multiple, with -$1.16 EPS. $SQ is trading at a 11x Price to Revenue multiple, with $0.72 EPS. Not only is $SQ profitable, it is in a similar niche to $SHOP and has a huge growth opportunity with Twitter's subscription platform.
Let's take a look at the unusual options activity scanner:
$2 Million in $97.5 calls, expiring Aug 21. Earnings Aug 5
$190 Jan 15 Calls
$100 Jan 15 Calls
Big bullish bets on $SQ, notably dated around Jan 15. Coincidentally, that is the timeframe I pegged for $TWTR $40 Calls, and for the Subscription platform to be announced.
Personal Experience: I set up a Shopify site for a girl I know who started a brick-and-mortar clothing store. She is... technologically challenged, to say the least. Guess what she used for payments in retail? Square. Even with Shopify's poor integration with Square, she stuck with it (Against my advice for inventory & tracking purposes). As states reopen, and smaller brick and mortars are back, farmers markets, carnivals, etc, expect growth from $SQ.
I am eyeing a $118-$122 entry to incorporate the stock into my portfolio, and purchase options.
With this information, I propose:
Short Term Play [HIGH RISK]:
SQ $130c Aug 7 2020, trading at $6.57 at time of writing. 41% Probability ITM. Earnings Aug 05 2020.
Long Term Play:
SQ $160c Jan 15 2021, trading $11.03 at time of writing. 23% Probability ITM
2) DraftKings, Inc $DKNG [Internet Software/Services] - BULLISH
DraftKings, Inc. operates as a digital sports entertainment and gaming company. It provides online and retail sports wagering offerings, online daily fantasy contests and online casino games.
$DKNG profile, from FindMarketPlays early access platform
Currently, only 5 states have legal online gambling [Delaware, Nevada, New Jersey, Pennsylvania, and West Virginia]. 23 states have Sports Betting legal and or in legislation.
From https://investmentu.com/sports-betting-stocks/
Focus on casino gambling!
You can gamble at a casino whether there are sports on or not, and the following states are most likely to legalize online casino gambling in the next 12 months [based on legislation]:
  • California [40 Million Population]
  • Connecticut [3.6 Million Population]
  • Illinois [13 Million Population]
  • Indiana [6.6 Million Population]
  • Massachusetts [6.8 Million Population]
  • Nevada [2.8 Million Population]
  • New York [20 Million Population]
These states represent 92.8 Million people, or 30% of the US population.
Source: https://www.bettingusa.com/states/
$DKNG overlaid with $PENN, following the same trajectory
52 Week high for $DKNG is $44. With Americans sitting at home, legalizing online gambling makes sense financially for governments and to satiate the appetite of the restless, short-attention span population.
Let's take a look at the unusual options activity scanner:
A stream of bullish plays, ranging from $30 to $40, expiring July 24 and Aug 21.
$DKNG is both a stock and option play. I am eyeing a $28-$30 entry to incorporate the stock into my portfolio, and purchase options.
Personal Experience: A buddy of mine ran an (illegal) sports book in college, and netted 6 figures over the course of four years. Tons of potential tax dollars on the line.
With this information, I propose:
Short Term Play [HIGH RISK]:
DKNG $40 Aug 21 2020, trading at $3.50 at time of writing. 36.5% Probability ITM. Earnings Aug 13 2020.\*21,690 open interest in this position, which would control 2.2 MILLION Shares*\**
Long Term Play:
DKNG $45c Jan 15 2021, trading $6.70 at time of writing. 28% Probability ITM
3) Boeing, Co $BA [Aerospace & Defense] - BULLISH
Boeing is the cornerstone of millions of stock portfolios. I remember hawking the stock price while on vacation in Paris, when the plane crashed in March '19. My ex was pissed. I was more pissed for not picking up some stock and options when it bottomed around $100 a few months ago.
Bullish Boeing case:
Boeing has a large backlog that covers several years of production for the most popular aircraft, which gives us confidence in aggregate demand for aerospace products.
Boeing is well-positioned to benefit from emerging market growth in revenue passenger kilometers and a robust developed market replacement cycle over the next two decades.
We expect that commercial airframe manufacturing will remain a duopoly over the foreseeable future. We think customers will not have many options other than continuing to rely on incumbent aircraft suppliers.
$BA profile, from FindMarketPlays early access platform
COVID-19 has been a blessing in disguise for $BA. COVID-19 gifted $BA time, the most important thing they needed to fix their issues. Airlines are not flying, so it is excusable for $BA to have cancelled orders. Finally, as long as the oil-based dollar is the global currency, $BA will be in business selling weapons.
$BA overlaid with $RTX, another major defense contractor.
Despite the airline issues, $BA is tracking $RTX, because defense is where the big money is.
Let's take a look at the unusual options activity scanner:
$1.3 Million in $195 Sept 18 Calls
$800K in $180 Aug 21 Calls
Earnings is July 29th, but this is not an earnings play. The stock is consolidating in the $170-$180 range, a huge support and resistance in 2020. I am eyeing a $165-$170 entry to incorporate the stock into my portfolio, and purchase options.
With this information, I propose:
Short Term Play [HIGH RISK]:
BA $200c Oct 16 2020, trading at $14.01 at time of writing. 31% Probability ITM.
Long Term Play:
BA $240c Jun 18 2021, trading $18.75 at time of writing. 20% Probability ITM
Conclusion
Based on my research, $SQ stands to gain from $TWTR news, $DKNG is poised to dominate online gambling, $BA is slowly recovering, and will not fail.
TL,DR:
Short Term Play [HIGH RISK]:
SQ $130c Aug 7 2020, trading at $6.57 at time of writing. 41% Probability ITM. Earnings Aug 05 2020.
DKNG $40 Aug 21 2020, trading at $3.50 at time of writing. 36.5% Probability ITM. Earnings Aug 13 2020.\*21,690 open interest in this position, which would control 2.2 MILLION Shares*\**
BA $200c Oct 16 2020, trading at $14.01 at time of writing. 31% Probability ITM.
Long Term Play:
SQ $160c Jan 15 2021, trading $11.03 at time of writing. 23% Probability ITM
DKNG $45c Jan 15 2021, trading $6.70 at time of writing. 28% Probability ITM
BA $240c Jun 18 2021, trading $18.75 at time of writing. 20% Probability ITM
Final Note:
I will include the stock with the most mentions on this thread in my next analysis post. Will try to get to all your questions this time. This reddit post is not investment advice - do thorough research before ever investing.
Platform used is FindMarketPlays. Check my profile for a Demo. Enter your email here to know when it launches: https://docs.google.com/forms/d/e/1FAIpQLSeUTcj420FlNTpk4Ynozlbi3CuxhaIu6HJkyHLxAfZpFfG37w/viewform?usp=pp_url
submitted by iKalculated to wallstreetbets [link] [comments]

$SQ $DKNG $BA Options Plays [07/21/2020]

$SQ $DKNG $BA Options Plays [07/21/2020]
Recap
Previous Research:
https://www.reddit.com/options/comments/hrbexa/bullish_options_plays_24_month_horizon/?utm_source=share&utm_medium=web2x
https://www.reddit.com/options/comments/huwfat/short_long_option_plays_07202020/?utm_source=share&utm_medium=web2x
This post covers Option Plays for $SQ, $DKNG, $BA
The time frame of these options are 3-6 months out, to avoid Theta burn and maximize ITM potential. The beauty of long plays is that the stock only needs to move a few % to be profitable, with a long time horizon as a hedge. Close the position within 2-4 months to minimize theta and maximize delta opportunity. I have also included a shorter time frame with higher risk/reward and lower premiums. Short plays are laid out, but not recommended.
1) Square, Inc $SQ [Information Technology Services] - BULLISH
Square, Inc. engages in the provision of credit card payment processing solutions. It is a cohesive commerce ecosystem that helps sellers start, run, and grow their businesses. The firms sellers downloads the Square Point of Sale mobile app, they can quickly and easily take their first payment, typically within minutes.
Bullish Square Case:
The ongoing shift toward electronic payments has created, and will continue to create, room for acquirers to see strong growth without stealing share from each other.
Ancillary services are becoming a more critical engine for growth and will help Square fully monetize its merchant client base and improve margins.
Electronic payment growth is shifting overseas, and Square’s business model looks portable into international markets, as the company does not rely on a large local salesforce to attract merchants.
$SQ profile, from FindMarketPlays early access platform
In both previous research posts, I discussed the bullish case of Twitter hinging on a successful subscription platform.
Source: https://www.theverge.com/2020/7/8/21317266/twitter-subscription-platform-codename-gryphon-job-listing
Subscription platforms require a reliable payment processor. Guess who Dorsey is going to choose to process payments for Twitter's subscription platform?
$SQ overlaid with $SHOP, following the same trajectory
$SHOP is trading at a 69x Price to Revenue multiple, with -$1.16 EPS. $SQ is trading at a 11x Price to Revenue multiple, with $0.72 EPS. Not only is $SQ profitable, it is in a similar niche to $SHOP and has a huge growth opportunity with Twitter's subscription platform.
Let's take a look at the unusual options activity scanner:
$2 Million in $97.5 calls, expiring Aug 21. Earnings Aug 5
$190 Jan 15 Calls
$100 Jan 15 Calls
Big bullish bets on $SQ, notably dated around Jan 15. Coincidentally, that is the timeframe I pegged for $TWTR $40 Calls, and for the Subscription platform to be announced.
Personal Experience: I set up a Shopify site for a girl I know who started a brick-and-mortar clothing store. She is... technologically challenged, to say the least. Guess what she used for payments in retail? Square. Even with Shopify's poor integration with Square, she stuck with it (Against my advice for inventory & tracking purposes). As states reopen, and smaller brick and mortars are back, farmers markets, carnivals, etc, expect growth from $SQ.
I am eyeing a $118-$122 entry to incorporate the stock into my portfolio, and purchase options.
With this information, I propose:
Short Term Play [HIGH RISK]:
SQ $130c Aug 7 2020, trading at $6.57 at time of writing. 41% Probability ITM. Earnings Aug 05 2020.
Long Term Play:
SQ $160c Jan 15 2021, trading $11.03 at time of writing. 23% Probability ITM
2) DraftKings, Inc $DKNG [Internet Software/Services] - BULLISH
DraftKings, Inc. operates as a digital sports entertainment and gaming company. It provides online and retail sports wagering offerings, online daily fantasy contests and online casino games.
$DKNG profile, from FindMarketPlays early access platform
Currently, only 5 states have legal online gambling [Delaware, Nevada, New Jersey, Pennsylvania, and West Virginia]. 23 states have Sports Betting legal and or in legislation.
From https://investmentu.com/sports-betting-stocks/
Focus on casino gambling!
You can gamble at a casino whether there are sports on or not, and the following states are most likely to legalize online casino gambling in the next 12 months [based on legislation]:
  • California [40 Million Population]
  • Connecticut [3.6 Million Population]
  • Illinois [13 Million Population]
  • Indiana [6.6 Million Population]
  • Massachusetts [6.8 Million Population]
  • Nevada [2.8 Million Population]
  • New York [20 Million Population]
These states represent 92.8 Million people, or 30% of the US population.
Source: https://www.bettingusa.com/states/
$DKNG overlaid with $PENN, following the same trajectory
52 Week high for $DKNG is $44. With Americans sitting at home, legalizing online gambling makes sense financially for governments and to satiate the appetite of the restless, short-attention span population.
Let's take a look at the unusual options activity scanner:
A stream of bullish plays, ranging from $30 to $40, expiring July 24 and Aug 21.
$DKNG is both a stock and option play. I am eyeing a $28-$30 entry to incorporate the stock into my portfolio, and purchase options.
Personal Experience: A buddy of mine ran an (illegal) sports book in college, and netted 6 figures over the course of four years. Tons of potential tax dollars on the line.
With this information, I propose:
Short Term Play [HIGH RISK]:
DKNG $40 Aug 21 2020, trading at $3.50 at time of writing. 36.5% Probability ITM. Earnings Aug 13 2020.\*21,690 open interest in this position, which would control 2.2 MILLION Shares*\**
Long Term Play:
DKNG $45c Jan 15 2021, trading $6.70 at time of writing. 28% Probability ITM
3) Boeing, Co $BA [Aerospace & Defense] - BULLISH
Boeing is the cornerstone of millions of stock portfolios. I remember hawking the stock price while on vacation in Paris, when the plane crashed in March '19. My ex was pissed. I was more pissed for not picking up some stock and options when it bottomed around $100 a few months ago.
Bullish Boeing case:
Boeing has a large backlog that covers several years of production for the most popular aircraft, which gives us confidence in aggregate demand for aerospace products.
Boeing is well-positioned to benefit from emerging market growth in revenue passenger kilometers and a robust developed market replacement cycle over the next two decades.
We expect that commercial airframe manufacturing will remain a duopoly over the foreseeable future. We think customers will not have many options other than continuing to rely on incumbent aircraft suppliers.
$BA profile, from FindMarketPlays early access platform
COVID-19 has been a blessing in disguise for $BA. COVID-19 gifted $BA time, the most important thing they needed to fix their issues. Airlines are not flying, so it is excusable for $BA to have cancelled orders. Finally, as long as the oil-based dollar is the global currency, $BA will be in business selling weapons.
$BA overlaid with $RTX, another major defense contractor.
Despite the airline issues, $BA is tracking $RTX, because defense is where the big money is.
Let's take a look at the unusual options activity scanner:
$1.3 Million in $195 Sept 18 Calls
$800K in $180 Aug 21 Calls
Earnings is July 29th, but this is not an earnings play. The stock is consolidating in the $170-$180 range, a huge support and resistance in 2020. I am eyeing a $165-$170 entry to incorporate the stock into my portfolio, and purchase options.
With this information, I propose:
Short Term Play [HIGH RISK]:
BA $200c Oct 16 2020, trading at $14.01 at time of writing. 31% Probability ITM.
Long Term Play:
BA $240c Jun 18 2021, trading $18.75 at time of writing. 20% Probability ITM
Conclusion
Based on my research, $SQ stands to gain from $TWTR news, $DKNG is poised to dominate online gambling, $BA is slowly recovering, and will not fail.
TL,DR:
Short Term Play [HIGH RISK]:
SQ $130c Aug 7 2020, trading at $6.57 at time of writing. 41% Probability ITM. Earnings Aug 05 2020.
DKNG $40 Aug 21 2020, trading at $3.50 at time of writing. 36.5% Probability ITM. Earnings Aug 13 2020.\*21,690 open interest in this position, which would control 2.2 MILLION Shares*\**
BA $200c Oct 16 2020, trading at $14.01 at time of writing. 31% Probability ITM.
Long Term Play:
SQ $160c Jan 15 2021, trading $11.03 at time of writing. 23% Probability ITM
DKNG $45c Jan 15 2021, trading $6.70 at time of writing. 28% Probability ITM
BA $240c Jun 18 2021, trading $18.75 at time of writing. 20% Probability ITM
Final Note:
I will include the stock with the most mentions on this thread in my next analysis post. Will try to get to all your questions this time. This reddit post is not investment advice - do thorough research before ever investing.
Platform used is FindMarketPlays. Check my profile for a Demo. Enter your email here to know when it launches: https://docs.google.com/forms/d/e/1FAIpQLSeUTcj420FlNTpk4Ynozlbi3CuxhaIu6HJkyHLxAfZpFfG37w/viewform?usp=pp_url
submitted by iKalculated to options [link] [comments]

Easy reading breakdown of DKNG as it soars

Disclosure: This is not a comprehensive breakdown, and it's not meant to be. Just some key points and context that I thought you'd find interesting.
DraftKings is technology stock meets gambling
Three main products: Daily fantasy sports or DFS, Sportsbook, iGaming
DFS is OG DraftKings. Fantasy sports are where players make fantasy teams and battle each other to win money. However, sportsbook is where the money is: betting actual money on actual sports against the house. iGaming is basically an online casino with some online games you can gamble on, in addition to the classics like blackjack and Russian roulette.
In addition to DraftKings, there’s also SBTech, the online gambling technology company that had an arranged marriage as part of the DKNG merger.
Landmark Case
In 2018, the Supreme Court knocks down the federal law prohibiting sports gambling throughout the United States. Pandora’s box is open. Each state has to decide what it wants to do with gambling on its own.
The Path to Legalization
Map of Sportsbook legality
DFS legality is more widespread
Currently, 36% of the USA population lives in a state with some form of legal gambling and 24% in a state with legal online gambling. The population living where DraftKings is live or going live is only 13% of the country. There’s a lot of ground to cover.
NJ is the posterchild for sports betting legalization at the moment, and it’s DraftKings promised land. Generating 30% of DraftKings total revenue, it is a testament to the money waiting to be made if sports betting is made fully legal.
The Risks for DraftKings
Regulation: Gambling is a money-maker, but it’s also a social disease. States will want to cash in with taxes of 6.8 to 36% but it will be a tough battle to make it happen. And that battle will unfold state by state. Just like with the marijuana industry, the fate of the market is undeniably shaped by how legalization unfolds. It could end up being a niche hobby in select states, or it could end up like gambling in the United Kingdom, where there’s a gambling shop on every corner. Or there could be a huge gambling market, but one that is monopolized by the States exclusively. If they’re going to allow gambling, why not take all the profits, right?
Competition: FanDuel and DraftKings once considered a merger before the FTC played tough. Now, together they own 95% of the DFS market in the USA with a slight majority going to DraftKings. However, there will be fierce competition as new states open up, and missteps could be stifling for either company in the early stages. The lifeblood fueling this battle? Cold hard cash burned up in advertising and incentivizing dollars. Maybe it’s not as bad as Uber since gambling has a chance at being profitable, but if you don’t like to see money burning, think twice about entering the online sports betting market over this coming decade.
Technology: The hardware of gambling is a liability. Paying for the bandwidth needed at the exact moment of a match when everybody checks their bet is expensive. Payment processing, user validation, server hosting, sports data, app store placement: these are all areas of vulnerability and cost that you can minimize but can’t eliminate. With SBTech in the fold, having complete vertical integration is the aim and strength of DraftKings.
The House Always Wins…Usually: Writing bets means risk. Thankfully, the DFS is player versus player, so DraftKings always wins, taking something like EDIT: up to 15% of what players put in. It's a bookkeeper's wet dream. But Sportsbook and iGaming have classic gambling risks which should be fine over the long-term.
The Good Side (and Oh God They’re Beautiful)
Growth Potential: It’s a technology stock. The PE Ratio is over 600. When you buy DraftKings, you’re buying the dream of an America where gambling is as American as the Ford F150. A matured Sportsbook market in the USA would be around $20 billion, about $85 per adult. It’s a beautiful untapped (and non-existent) market with lots of money waiting to be taken. With Coronavirus, the slice of the sports betting pie that goes digital is bound to be more than ever before, if the sports happen
COVID19: The only thing that can stop a sports betting company from making money is getting rid of sports. Thankfully, new sports like Table Tennis, eSports, and a host of other betting topics have allowed DraftKings to get by. With lots of cash on hand ($450 million plus) and a monthly burn of $15 million, there’s enough to weather the storm. And if sports reopen with empty stadiums, fans may turn to online gambling to get their authentic sport experience.
Turnaround Time: The largest expense that DraftKings has is conquering new markets. Every time a state opens up, it’s a massive investment. That’s why analysts and executives don’t think DraftKings will run net positive for years to come. However, DraftKings experience in New Jersey has shown an average turnaround time of about two years is all it takes to recoup their initial investment when entering a new market. Some pretty tasty data to have coming in.
The Numbers
Revenue was up to $323 million in 2019 from $226 million and $191 million the years prior. NJ made up $86 million of that, growing by 8.5x after sports betting legalization in late 2018 to make up over a quarter of revenue in 2019.
Net loss however was $146 million in 2019 from $76 million and $73 million the years prior. Cost of Revenue was $103 million, Sales and Marketing was $185 million, Product and Tech was $55 million, and General and Administrative was $124 million of that. DraftKings has never been in the green. They attribute the accelerated burn in 2019 to growth in new markets so whether its aggressive or reckless is up to you. To be fair, if you’re investing in this stock, you should be expecting them to burn every single dollar they get at this point.
Average monthly unique players was up to 684k in 2019 from 601k and 574k with the average revenue per monthly unique player up to $39 from $31 and $28. As of March 31st 2020, there were 720k monthly unique players with average revenue of $41 per. So continued growths in the midst of the early Coronavirus pandemic. Q2 will be revealing for certain.
The stock just skyrocketed to $34+ yesterday meaning a market cap of over $10 billion and a PE ratio of over 600. Take it for what it’s worth to you.
Some Quirks
DraftKings revenue is seasonal. Q4 is the best when the NFL and NBA coincide, with Q3 and Q1 being roughly equivalent, and Q2 basically being garbage. With COVID mainly taking out Q2, perhaps there’s hope for sports by Q3 and Q4 to hit those high-earning months?
Controlled Structure: You get 1 vote for 1 stock, but CEO and Founder Jason Robins gets 10 votes for each stock. So whatever you do, he has 90% of the voting power. Good for long-term growth in a highly reactive landscape, but being powerless is never a fun feeling.
SBTech offers B2B solutions for other gambling companies looking to offer online sports betting and iGaming, so there’s that added benefit. In fact, the share of B2B has been growing from 1% in 2018 to 5% in 2019, so some diversification is happening.
DraftKings’s ticker symbol DKNG reminds me of Donkey Kong
submitted by PersonalBrowser to investing [link] [comments]

Cheat-by-Mail. Months-Long Recounts. Riots. Endless Court Drama. The Democrats' 7-Step Strategy to Win the Election Using Vote-by-Mail Chaos

1. Never let a Covid crisis go to waste! Use the pandemic to push for a nation-wide vote-by-mail scheme.
By now we’re all familiar with the inequities, even idiocies, of the Covid-19 lockdown rules. In many states and cities, it’s forbidden to have normal assembly for social gatherings, businesses, church services, and even hospital visits.
On the other hand, it’s okay to have massive Black Lives Matter protests, Antifa riots, and anything else the left approves of, at least tacitly. Obviously, such unequal treatment is a formula for societal frustration, rage, and, yes, chaos.
And what a friend the Democrats have in crisis and chaos!
In fact, Democratic vice presidential candidate Kamala Harris has said that this sort of chaos is likely to continue—and should continue—through the election. “Everyone beware because they’re not going to stop,” Harris said about the (often violent) protests erupting in American cities. “They’re not going to stop before Election Day in November, and they’re not going to stop after Election Day.”
But according to the Democrats, the only certainty in all of this chaos is that Americans—who are safe to take to the streets in mass protests and riots—are not safe to vote in person on November 3. We must vote by mail, they tell us.
Mail-in voting is “essential from a health reason because we want to keep people at home to vote without having them all collect on Election Day,” House Speaker Nancy Pelosi said last month. “People should not have to choose between their health and their vote.”
If you’re still scratching your head wondering why it’s safe to riot but not to vote, veteran political consultant Dick Morris explained the Democrats’ game plan: “If they feel they’re legitimately losing the election, [they] are going to use the excuse of the Covid virus—nobody can come out and vote in person, they claim … and they’re going to deliberately game the system by sending out millions and millions of mail-in ballots for people that don’t exist or have already voted.”
“And the states will not verify the [mail-in ballot] signatures because they are under the control of Democrats,” Morris added.
2. Enlist all the messengers at your disposal (Hollywood, Corporate Media, Big Tech, Pro Sports) to push for vote-by-mail.
The Democrats are using every tool in their considerable arsenal to push the vote-by-mail messaging, including multi-million-dollar super PAC ad campaigns. Former Democratic presidential candidate Sen. Amy Klobuchar has teamed up with failed gubernatorial candidate Stacey Abrams to mandate a national vote-by-mail system, and a group called Stop Republicans has launched a digital blitz to push for the idea.
But the Democrats’ favorite tool is, of course, Hollywood and pop culture.
As early as April, about a month into the coronavirus shutdown, the Hollywood wing of the Democrat-Media Complex kicked into high gear to push vote-by-mail.
Actor Tom Hanks and his wife, Rita Wilson, who were among the first big name figures to contract Covid-19, teamed up with former First Lady Michelle Obama and former Obama White House senior advisor Valerie Jarrett in April for an ostensibly non-partisan virtual voter registration drive that encouraged states to loosen vote-by-mail requirements.
📷
Tom Hanks and Rita Wilson joined former First Lady Michelle Obama for a virtual get out the vote event on April 20, 2020, to encourage people to sign up for mail-in voting. (YouTube)
In August, a group of A-list celebrities hosted a virtual “United to Save the Vote” gala—which they claimed was “fiercely nonpartisan”—to raise money to “protect the 2020 election” by, in part, increasing trust in mail-in voting. The virtual roster included Jennifer Lawrence, Jamie Foxx, Dave Matthews, Ed Helms, Jennifer Lopez, Alicia Keys, Sia, Jake Johnson, Sarah Silverman, Kenan Thompson, Chelsea Handler, Gloria Estefan, Randall Park, Erich Bergen, Nick Kroll, Sophia Bush, Jonathan Scott, Kenny G., George Lopez, etc. You get the picture.
According to the event’s website, these zealously anti-Trump “fiercely nonpartisan” celebs gathered virtually to counter the efforts of “politicians who are undermining the security and validity of mail-in voting.”
Meanwhile, the Democrat-Media Complex is engaged in a bit of journalistic jujitsu churning out stories about how the Republicans are the ones who plan to steal the election. Here’s a headline from the Washington Post: “Republicans’ long-term vote heist matters more than Trump’s tantrums.” And here’s one from Rolling Stone: “The Plot Against America: The GOP’s Plan to Suppress the Vote and Sabotage the Election.” But it’s hard to top this headline from the Daily Beast: “This Is How Republicans Steal an Election, and Maybe Kill Some Dems in the Process.”
At the same time, the Democrat-Media Complex is also celebrating the new wokeness of pro sports, which is busy helping Democrats win in November. On September 7, Politico asked, “Could LeBron James Defeat Donald Trump?” As has been widely reported, the National Basketball Association has agreed to set up a “social justice coalition” to help get out the (Democrat) vote.
3. Get millions of questionable mail-in ballots into the system.
Here we might pause to note the distinction between the various kinds of voting by mail.
It is true that absentee voting by mail has been with us for many years. Even President Trump has voted by mail, and our active duty military regularly votes by mail. In fact, Republicans have been quite successful in the past with absentee voting. In Florida in 2016, for example, more Republicans voted by mail than Democrats, and Trump carried the state. There is even legitimate concern that any disparagement of mail-in voting could unintentionally hurt Republicans in November because their voters like voting by absentee ballots. Indeed, there are sincere and legitimate reasons for why absentee voting should be available during the pandemic.
However, there is a big difference between allowing absentee ballots as an option for people who are unable to make it to the polls and mandating that an entire election be done by mail-in voting.
And there is a really big difference between the long-standing practice of sending absentee ballots to voters who take the initiative of requesting them and the new Democratic proposal to mail out unsolicited ballots (or applications for ballots) to every registered voter regardless of whether those voters are still alive or eligible to vote in that jurisdiction. And, as we shall explain, this new effort to mail out ballots to every registered voter is coupled with the left’s years-long fight to prevent these same voter rolls from being updated to remove dead and ineligible people from the lists.
And to make matters extra complicated and chaotic, every state has a different standard for mail-in voting. Some states have more safeguards in place than others. For example, some states require that every mail-in ballot include a verifiable signature, additional witness or notary signatures, and even an enclosed copy of the voter’s photo ID. Some states have few, if any, such safeguards. Some states are loosening or experimenting with the rules for the first time due to the coronavirus pandemic.
And then there is the issue of sending all these ballots through the mail. Can the U.S. Postal Service process them all in a timely manner? Every state has a different deadline for when these ballots need to be postmarked. What happens if they don’t arrive in time? Can election officials process them all in a timely manner? Counting mail-in ballots is much more time-consuming. It can involve matching signatures, checking postmarks, flattening out ballots that were crumpled in the mail, etc. If the recent primaries in Wisconsin and New York are anything to go by, mail-in ballots will take weeks to process and that process will be fraught with problems and potential for fraud.
(To give you a flavor of the postal chaos to come, the chief clerk for Brooklyn’s Kings County Board of Elections testified in federal court last month that in 2018, the USPS delivered “several hundred absentee ballots from the previous November” — which was “five months after Election Day.” And in Wisconsin this week, three trays of mail, which included absentee ballots, were found in a ditch.)
📷
Election officials take receipt of a dolly loaded with mail-in ballots at election offices in downtown Pittsburgh, PA, on May 27, 2020. (AP Photo/Gene J. Puskar)
There is also the issue of how voters can apply to vote by mail and who is eligible to do so. According to FiveThirtyEight, nine states and the District of Columbia will simply mail every registered citizen a ballot. In another 14 states, authorities will mail everyone an application to vote by mail. (Although, as we shall see, some states take a generous view of who, or what, might be eligible to receive such applications if outside interest groups decide to mail them out.) In 16 states, nothing is automatically mailed to voters, although voters can apply online to vote by mail. In six states, voting by mail is permissible only with a “valid excuse.” And the remaining states are some hybrid of the preceding categories.
All of these different rules provide plenty of opportunity to game the system on questions ranging from the verification of identity, addresses, and signatures to the timeliness of postmarks and the ability of the postal service to deliver ballots in a timely manner. Because there are so many “moving parts” to the vote-by-mail process, mail-in ballots are fraught with the potential for fraud. Yes, we’ve seen voter fraud before, but we ain’t seen nothing yet. The further we get from requiring that voters go to the polls to vote in person, the more we expand the avenues for fraud.
Consider, for example, the fraud potential that comes with mailing ballots to every registered voter. Back in 2012, a Pew Center study found that 1.8 million dead people were still registered to vote and that 24 million voter registrations were un-confirmable.
Though some states have made progress in updating their voting rolls since the 2012 Pew study, a comprehensive analysis conducted this year by the Public Interest Legal Foundation (PILF) found that 349,773 apparently dead people still remain on the voter rolls across 41 states. And apparently the dead still vote! The report also discovered a surprising number of people who apparently voted more than once.
The report found:
During the 2018 General Election, 37,889 likely duplicate registrants are apparently credited for casting two votes from the same address, and 34,000 registrants appear to have voted from non-residential addresses. Additionally, 6,718 registrants were apparently credited for voting after death.
According to the report, New York, Texas, Michigan, Florida, and California were the top five states with dead voters on the rolls, accounting for 51 percent of all the dead registrants. The crucial swing states of Michigan and Florida had 34,225 and 25,162 dead registrants respectively.
That would seem to be a serious indictment of the system and a warning against mailing unsolicited mail-in ballots or even mail-in ballot applications to everyone on the voter rolls. But Democrats are working hard to bulldoze the path for vote-by mail, or, as Breitbart News often calls it, cheat-by-mail. Democratic governors in New York and Pennsylvania have already moved to ease vote-by-mail, as have local officials in Harris County, TX, population 4.7 million. Oh, and did we mention that in Nevada’s June primary, more than 223,000 ballots in Clark County (Las Vegas) went to a bum address? That means almost a fifth of all the ballots mailed out in the county went to a bum address.
📷
Election workers process mail-in ballots during a nearly all-mail primary election in Las Vegas, NV, on June 9, 2020. (AP Photo/John Locher)
But, you might ask, why don’t we just make sure the voter rolls are accurate by removing people who have moved or died? Why don’t we have a standardized signature verification protocol and a requirement for an additional witness signature and photo ID for mail-in ballots to ensure they are legit? Good questions. The answer is the left fights these reforms.
Left-wing groups want to expand access to voting by registering as many people as possible, but they also fight to block meaningful efforts to ensure that only eligible American citizens are voting. When Republicans enact legislation to encourage transparency and accuracy in our voting process by removing dead or ineligible voters from the rolls or mandating some form of identity verification, left-wing activists challenge these initiatives in court to stop any reform.
Eric Eggers, the author of Fraud: How the Left Plans to Steal the Next Election, explained to Breitbart News how left-wing interest groups have fought for years to keep the loopholes that could potentially create a “tsunami of voter fraud” in November.
“Organizations that are funded by George Soros both fight to keep those vulnerabilities in place, as in Ohio, by trying to prevent efforts to pass voter-ID laws or to make the voter rolls more secure,” Eggers said. “But then they also — and this is really the insidious part — they fund organizations that go out and round up voters, regardless of legality of their status, and force them through the vulnerabilities in the system.”
“There are 248 counties in this country that have more registered voters than actual citizens of legal voting age,” Eggers said. “It’s a problem because it creates opportunity for organizations like the formerly known ACORN and La Raza — they’re all funded by [billionaire George] Soros — to go and figure out where the vulnerabilities are and force the voters — whether they’re legal or not — through the gaps.”
But according to the establishment media, the instances of mail-in voter fraud are “infinitesimally small.” And to prove this, the media loves to quote the “non-partisan” Brennan Center for Justice. What the media fails to tell you is that the Soros-funded Brennan Center is leading the charge to expand mail-in voting. They don’t just have a dog in this fight — they have a whole kennel! Quoting the Brennan Center to deny the reality of mail-in voter fraud is like quoting Big Tobacco to deny that smoking causes cancer.
And yet when Donald Trump or any Republican points out the obvious vulnerabilities in our voting system, the Democrat-Media Complex quotes biased sources to vilify Republicans. Nancy Pelosi actually called President Trump and Republicans “enemies of the state” for expressing concerns about vote-by-mail’s fraud potential.
It seems fair to say that Democrats are making sure that the system works for them. Recently, Politico headlined a long piece, “Inside the Democratic Party’s plan to prevent vote-by-mail disaster,” detailing the efforts of the party, and its well-funded allies, to win the November mail war.
A key part of that plan is legal challenges. For instance, in Georgia, the American Civil Liberties Union accused the state government of wrongfully purging nearly 200,000 voters from the rolls. In this legal battle, the ACLU is joined by the Palast Investigative Fund, one of the myriad “non-partisan” foundations that the Democrats always have at their side.
Yet in the meantime, the ACLU has nothing to say when we discover, for example, that during the 2020 Michigan primaries, the number of ballots counted in 72 percent of Detroit’s absentee ballot precincts didn’t match the number of ballots cast. And the votes counted in 46 percent of all of Detroit’s precincts–both absentee and in-person–didn’t match the number of ballots tracked in the precinct poll books. For perspective on what such abnormalities might portend for the next election, we might observe that Detroit has a population of 670,000. In 2016, Donald Trump won Michigan by a mere 10,704 votes.
Oh, and did we mention that a federal lawsuit filed last year alleged that the city of Detroit had over 2,500 dead people still registered on its voter rolls, and about 4,788 registered Detroit voters were flagged as having potentially registered to vote twice or even three times. But I’m sure none of those dead people will vote by mail, right?
Oh, and while we’re on Michigan, we should also mention that Jocelyn Benson, Michigan’s Democratic Secretary of State who was endorsed by Joe Biden and was a featured speaker at the Democratic National Convention, misprinted the ballots that were created for Michigan voters serving in the military overseas. Guess which candidate was listed incorrectly? You guessed it: Trump! The bad ballots list the Libertarian Party’s vice presidential candidate as President Trump’s running mate instead of Mike Pence. But don’t worry. The spokesperson for Michigan’s Democratic-Biden-endorsed-DNC-speaking Secretary of State has assured us that clerks “will be instructed to duplicate a vote for Trump” for any military voter who mails in one of these misprinted ballots.
📷
Michigan Secretary of State Jocelyn Benson (D) speaking during the fourth night of the Democratic National Convention on Aug. 20, 2020. (DNC via AP)
In the face of all this potentially embarrassing data, the Democrats have decided that the best defense is a good offense. For instance, Joe Biden stays on the offensive, regularly accusing President Trump of seeking to squelch vote-by-mail; but he never allows that vote-by-mail might need to be reformed. Biden charged on September 7 that Trump “wants to make sure those mail-in ballots don’t get where they’re supposed to get.”
We might wonder: If Biden routinely accuses Trump of cheating, should we be surprised if Democratic activists get the hint and decide that they could, and should, cheat on Biden’s behalf? After all, they might rationalize these efforts as fighting fire with fire.
Cheat-inclined Democrats might draw inspiration from an anonymous Democratic consultant in New Jersey who recently confessed to the New York Post that “fraud is more the rule than the exception.” The consultant explained the various ways in which political operatives can harvest mail-in ballots, change them by inserting different ballots into the envelope, use friendly postal workers to disappear ballots in neighborhoods that lean Republican, and so forth. A few hundred bogus ballots here and there can change an election.
“An election that is swayed by 500 votes, 1,000 votes — it can make a difference,” the Democratic operative said. “It could be enough to flip states.”
Indeed, even Democratic pets can make a difference—and they don’t even have to be alive! Recently in Atlanta, a family got a voter registration application in the mail for their deceased house cat named Cody.
How did that happen, you ask? Well, outside third-party groups can rent mailing lists and randomly send everyone on the list an absentee-ballot application or voter registration application that they downloaded from the state’s election website. Have you ever used your pet’s name to subscribe to something because you didn’t want junk mail in your own name? If so, don’t be surprised if Fluffy or Spot gets a voter registration or absentee ballot application in the mail.
Georgia’s election officials assure us that Cody the cat would not have been able to vote at the polls in the Peach State because the cat doesn’t have a license or state ID. But one wonders if he would be allowed to vote by mail, assuming his registration application cleared. And, of course, not every state requires a photo ID to vote like Georgia does.
Speaking of Georgia, its Republican Secretary of State, Brad Raffensberger, announced on September 8 that his office had identified 150,000 Georgians who had applied for an absentee ballot and then showed up at the polls to vote in person in the June primary; that is, they wished to vote, carelessly or purposefully, for a second time. This in a primary in which a little less than 950,000 people voted; in other words, the attempted (or at least potentially attempted) double voting accounts for around a sixth of total ballots cast. Of these 150,000, Raffensberger added that perhaps 1,000 had actually succeeded in voting twice.
Were these innocent mistakes? Simple confusion? Or guilty action? Whatever the truth about these would-be double voters and actual double voters, we should applaud Georgia authorities for minimizing what could have been a major electoral debacle; thanks to their good work, it was only a minor electoral debacle. In any case, the Georgia ACLU has nothing to say about that.
Voter fraud exists even when you vote in person, but mail-in voting blows the doors wide open in fraud potential. And the Democrats are ready to fight for every ballot—pets and all!
4. Send Democratic lawyers into key districts to fight for every challenged ballot. Use the courts and progressive election officials to keep the count going as long as possible with as little verification as possible.
As we have seen, each mailed-in ballot has the potential to foment a legal fight over its validity. In fact, the Washington Post reported on August 24, that more than 534,000 primary votes in 23 states have been rejected for one reason or another:
Democrats and voting rights groups are now waging court battles to ensure that absentee ballots are not discarded on technicalities, pushing to require that ballots postmarked by Election Day be counted and to make signature-matching laws more voter-friendly.
Meanwhile, in Indiana, a federal judge ruled that Hoosier election officials cannot reject ballots for dissimilar signatures without notifying the voter and giving him or her—aided, of course, by partisan pals—a chance to “cure” the ballot. In fact, 20 states allow a voter to attempt to cure a faulty ballot so that it can be counted. That might be a good idea, but we can see that each “cure” will take a lawyer, not a doctor.
In fact, with such legal fights in mind, the Biden-Harris campaign has already built a SWAT team of 600 lawyers, expecting many more recruits to come.
And just on September 14 came this headline, courtesy of the New York Times: “Biden Creates Legal War Room, Preparing for a Big Fight Over Voting.”
According to the Times, two Democratic legal veterans–Dana Remus, who has served as Biden’s general counsel in the 2020 campaign, and Bob Bauer, a former Obama administration White House counsel–will co-head this legal effort. Others involved include former Obama attorney general Eric Holder and two former solicitors general in Democratic administrations, Donald B. Verrilli and Walter Dellinger. In all, the Times tells us that “hundreds of lawyers will be involved, including a team at the Democratic law firm Perkins Coie, led by Marc Elias.”
The name Marc Elias might ring a bell because, as Breitbart News has reported, he was in the middle of the infamous fake-news Christopher Steele dossier, having retained the firm of Fusion GPS on behalf of the Democratic National Committee. And come to think of it, Bob Bauer, mentioned above, was also a longtime Perkins Coie lawyer, having been there, alongside Elias, during the 2016 presidential campaign and its Steele-y aftermath.
Meanwhile, Kamala Harris herself is keeping up the drumbeat, warning Democrats of the many bad things Republicans are thought to be doing.
“There will be many obstacles that people are intentionally placing in front of Americans’ ability to vote,” Harris said. “We have classic voter suppression. We have a president who is trying to convince the American people not to believe in the integrity of our election system and compromise their belief that their vote might actually count.”
By “voter suppression,” she means any effort to make sure that only eligible living non-pet American citizens are voting in November.
But while we’re on this topic, we should note that the Department of Justice announced this week that it’s investigating reports that nine military mail-in ballots were discarded in Pennsylvania. Seven of the ballots were cast for President Trump; the contents of the other two are unknown. Yes, it’s only nine ballots, but the campaign season is young, and there are lots of places where marked ballots can be discarded.
And the crickets you hear is the sound of Democrats, normally so up-in-arms about vote suppression, now being oh-so-quiet about vote destruction.
Democrats are armed and ready for a vote-by-mail total war. We can expect they will have a ground game in every district. Every disputed ballot will get its own Democratic lawyer. Every critical district and state will see litigation over signature-matches, addresses, postmarks, and anything else that might affect Democratic balloting.
In fact, the Democrats’ legal team has already scored potentially game-changing court victories in Wisconsin, Pennsylvania, Michigan, and North Carolina on how long ballots can be counted after Election Day.
In Wisconsin, a federal judge ruled Monday that mail-in ballots can be counted up to six days after Election Day, and a ballot can be counted even if there is no “definitive” sign of a postmark on it.
In Pennsylvania, the state’s Supreme Court ruled last week that mail-in ballots can be received up to three days after Election Day; and, similar to the Wisconsin ruling, these ballots can be counted even if there is no evidence that they were postmarked on time. (The Pennsylvania court handed the Democrats a second victory by keeping the Green Party candidate off the ballot, thereby preventing the Greens from peeling off any progressive voters. We note that the court didn’t grant the GOP a similar favor by kicking the Libertarian Party off the ballot.)
The Pennsylvania Secretary of State also issued an order last week instructing clerks not to conduct signature matches on the mail-in ballots – which means that Pennsylvania essentially nullified signature verification because the state’s election officials won’t be verifying anything.
In Michigan, a judge ruled that postmarked mail-in ballots can be accepted up to 14 days after Election Day, and third parties are allowed to deliver these ballots. This fraud-friendly delivery service is commonly known as “ballot harvest.” It’s all the rage in California and other third world countries.
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A ballot drop box in Detroit, MI, on Sept. 24, 2020. (AP Photo/Paul Sancya)
In North Carolina, a coalition of Democrat-aligned special interest groups got the state to agree to accept mail-in ballots up to nine days after Election Day and to allow voters to “cure” any problems with these ballots. North Carolina election officials also agreed to create vote-by-mail ballot “drop-off” stations, which is essentially an invitation for “ballot harvesting.”
You’ll notice that these are all swing states, and three of them – Wisconsin, Pennsylvania, and Michigan – were the Rust Belt blue wall states that put Trump over the top in 2016. He won them by 22,748 (WI); 44,292 (PA), and 10,704 (MI) votes. And the Democrats are stopping at nothing to win them back.
Of course, these court victories were concerned with when the mail-in ballot delivery window will close. Let’s not forget the question of when the in-person polls will close. It’s a safe bet that Democratic lawyers will argue—and even sue, as they have in the past—for extra hours in places where their voters might come straggling in late. After all, many protestors and rioters seem to be night people.
submitted by Venus230 to conspiracy [link] [comments]

🎲 Casino & Sportsbook Website Tester 🏡 Remote Work ✨ 21+ 🗺️ New Jersey (Central NJ)

Hi 👋 there,
We are looking for someone to test and assess quality control through manual testing of our conversion funnel and geo-targeting solution for the following landing pages:
- https://www.howtobet.com/new-jersey-best-online-casinos/ - https://www.howtobet.com/indiana-online-sports-betting/ - https://www.howtobet.com/colorado-best-online-sportsbook/ - https://www.howtobet.com/reviews/bet-mgm/ - https://www.howtobet.com/nfl-week-1-line/
What's in it for you:
What you need to get started:
submitted by HowToBet to HireNJ [link] [comments]

GAN Limited Announces new multi-year Tier 1 Client - Churchill Downs

Link to the Global News Wire article here.
The Deal will Transition and Grow CDI’s Sports Betting and iGaming Technology Platform Email Print Friendly Share August 27, 2020 16:00 ET | Source: Churchill Downs Incorporated LOUISVILLE, Ky., Aug. 27, 2020 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today multi-year agreements with GAN Limited (“GAN”) and Kambi Group PLC (“Kambi”) to provide player account management, casino platform, sports trading and risk management services for the Company’s sports betting and iGaming business, BetAmerica.
The integrated platform will offer the industry’s leading online, mobile and on-property sports wagering experiences to BetAmerica’s new and existing players.
“We believe the transition to GAN and Kambi as our new technology providers will enable our team to execute the rollout of BetAmerica sportsbooks and iGaming product offering more efficiently as states move to legalize and implement regulations permitting sports betting and iGaming in the coming years,” said Bill Carstanjen, CEO of CDI. “BetAmerica will benefit from the proven excellence of these market-leading providers.”
“We look forward to powering the BetAmerica brand with our highly optimized technology platform and enabling CDI to efficiently invest their marketing capital to attract loyal sports betting and iGaming players,” said Dermot S. Smurfit, CEO of GAN.
Kristian Nylén, CEO, Kambi, commented: “It’s a pleasure for Kambi to be partnering with CDI and its BetAmerica brand, which has the potential to benefit from its market access and existing customer database. I’m certain with the quality and experience we possess, together with the BetAmerica leadership team, we will be able to grow our businesses together as the U.S. sports betting and iGaming market expands.”
BetAmerica sportsbooks are currently available in New Jersey, Pennsylvania, Indiana, and Mississippi. Additional information can be found at www.betamerica.com.
submitted by Scorp63 to stocks [link] [comments]

Which public companies are best positioned to take advantage of legalized sports betting?

Hey y'all,
So it's becoming clear that states are going bankrupt due to COVID and looking for ways to generate revenue.
One of the most talked about ways is to legalize and tax sports betting. Especially after the success of New Jersey, the state has brought in over $60M since legalizing sports betting.
It's looking like 2/3 of the US will have some sort of sports betting by the end of 2021.
Which public companies are primed to take advantage of sports betting legalization?
I'm using this list to find co's in the sector - these look like the top players:
  1. Las Vegas Sands ($38B) - but apparently their chairman is anti-online gaming.
  2. Draftkings ($24B) - pretty steep valuation no?
  3. VICI ($12B)
  4. MGM ($10B)
  5. Melco ($9B)
  6. Wynn ($9B)
  7. Churchill Downs ($6B)
  8. Penn ($6B) - Barstool can market but anyone else worried about debt?
  9. Boyd ($3B)
  10. CZR ($3B) - believe this is pre-merger?
submitted by mansoortaken to StockMarket [link] [comments]

Landcadia Holdings II (LCA) is Worth Your Investment, and Here’s Why… $LCA

Landcadia Holdings II (LCA) is Worth Your Investment, and Here’s Why…
Tilman J Fertitta, owner of Golden Nugget casinos and CEO of LCA, holds a net worth of $4.9 Billion according to Forbes. He entered a purchase agreement on June 28th, 2020 in an effort to merge both of these companies, here is the 8k sec filing. The merge is set to happen sometime in the 3Q changing ticker from LCA to GNOC, as stated in this article. Although there is no current price target on LCA, it had an enterprise valuation of $385.94 M on 09/30/2019, fairly close to its competitor DraftKings (DKNG) with a valuation of $392.86 M on 09/30/2019. However, it should be noted that these valuations were published before the actual merger of DraftKings and Diamond Eagle Acquisition Corp.
We could have a similar scenario with LCA once the merger happens, potentially surpassing DraftKings' share price, since Golden Nugget has continued producing revenue throughout this pandemic. Golden Nugget is leading the New Jersey online casino market and was responsible for 33.8% of the state’s $85.9m gross gaming revenue in May alone, according to igaming. We could see an increase in revenue for GNOC given that the following states have active bills looking to legalize sports betting: Alabama, Alaska, Arizona, California, Connecticut, Hawaii, Kansas, Louisiana, Maryland, Massachusetts, Minnesota, Missouri, Nebraska, Ohio, South Dakota, Vermont, and Virginia. If California were to do so, it could generate them an approximate 700 million every year in tax revenue, according to the Los Angeles Times. Texas could potentially be open to online gambling as well, as Fertitta has joined Governor Abbott’s advisory council to safely reopen the state. Fertitta is not only looking out for himself, but his investors as well.
submitted by frankG1229 to SPACs [link] [comments]

NEW! List of banned subreddits part 2

Updated list of all known banned subreddits sorted by reason and alphabetically part 2 (unmoderated and ban evasion). Current as of July 3, 2020 5:32 PM EDT
This is a second thread containing subs banned for ban evasion or for being unmoderated, as Reddit limits you to 40000 characters per post.
 
Unmoderated:
 
Ban or quarantine evasion:
 
* Ban time and reason changed during the purge of subs containing the word 'nigga' or 'nigger'
submitted by Holesome_chungus to reclassified [link] [comments]

DD: Predicting a Stock Leap

I wanted to share my thoughts on why I think we've been seeing these recent huge gains and a possible way to capitalize on them.
The Motivation
I too am trying to become a rich fellow autist, just like you. Usually, I'm late to the meme stock party and miss out on profits. So, I thought to myself "If I can think of the similarities between these companies, maybe I can beat the crowd and make some real wsb front page worthy shit."hopefully as gains
The Baseline Stock
As my first stock of analysis, of course, I took the latest meme stock $SPCE, Virgin Galactic. Founder Richard Branson is a multi-billionaire with the proper financial backings to make a company huge. But, I figured that is not enough drive for even the newest of new investors to buy calls/shares in the masses and the stock price to soar. With a quick background check, you could find that Branson tried sending tourists to space back in 2008. [ref] He even said he had over 250 people prepaid for $200,000 each. If that happened today, the stock would have probably rocketed to another dimension.
Even better, the market $SPCE is entering isn't controlled by a single company, leaving room for huge growth and a market with gigantic potential. Fox already reported this hype that the space market is projected to reach upwards of $1 trillion. This was even before Virgin Galactic took off in December, albeit this market cap projection included weather, Wi-Fi, shipping and logistics, television and radio rely on satellite-based services. [ref] This could be a factor.
Past Trends Analysis
It seems, especially nowadays, hype drives certain stocks through the roof. Even the slight thought of a company having a massive market cap leads to a huge response from investors. No news becomes good news for the company and good news creates huge share volumes. Most recently, $SPCE and $TSLA bulled their way to daily gains at unimaginable rates without much concrete news. Some meme stocks mentioned here do well ($AMD, $MSFT), those <10% daily gains have some premise, having solid financials to back it up. But, they do not demonstrate extreme leaps like $SPCE who hasn't even made a penny (since I'm Canadian, I should say a Nickel instead). To strengthen my original reasoning, I needed to think of other stocks that had this situation. Then, it all started to come together...
This is a list of stocks I can think of, irrelevant of their revenue, that showed the best of best short term gains and all had that similarity.
Ahead of the Party
If I want to get ahead of these parties I need to pick the $BYND or the $SPCE @ $8 before it runs up a 89.9° incline. Finding a company that has the potential to completely enter and control a market, without any actual revenue history. That's where this prediction comes in: $DEAC.
The market: Major sports betting on the US market is not yet available and this acquisition corporation plans to change that by merging with DraftKings. [ref] Before this merger was made public, CNBC wrote a huge article on the sports betting, including a market projection of $150 billion (the estimated current illegal gambling market size). DraftKings and FanDuel own 83% of the legal gambling market in New Jersey. [ref] This leads to a massive potential upside in having an IPO in the sports betting industry, projected to be $5 billion dollars.
The opportunity: $DEAC is an acquisition corporation meant exactly for this purpose. They plan to merge with DraftKings and change to a publicly-traded DraftKings. Not only is the market projected to be large, but this deal is also said to be priced in at a market cap of $3.3 billion. By the way, $DEAC is currently at an $840 million market cap. Now... I'm no mathematician, but those numbers are definitely far apart.
The challenge: While a supreme court ruling allowed any state their own legalization ability for sports betting, I believe NYC just turned down daily sports fantasy betting again. It most likely will be appealed but state legalization it is something to keep in mind. Currently, it shows 21 states have DFS regulations. [ref] Tax incentives could be a push for the other states to follow and legalize DFS regulations.
Conclusion/TLDR
There's one thing in common with these huge gaining stonks, They are breaking through to a market that's yet to be controlled. I'm not a millionaire yet, nor I may never be, but the potential upside of a $DEAC investment seems like a great way to make people millionaires, cough cough calls.
May the gains be with you all!
submitted by Dynamik_ to wallstreetbets [link] [comments]

GNOG follow up DD

GNOG follow up DD
Aight if mods ban this nothing I can do. Clearing up a few concerns listed on last post regarding if merger if finalized.

https://preview.redd.it/a7bzri8anwb51.png?width=846&format=png&auto=webp&s=f95efe2144ba6f4da0281542a28a91e5e4abddae
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.

https://preview.redd.it/564r8p1onwb51.png?width=1025&format=png&auto=webp&s=fde5cfc447634cc25490c658fe73ee2999a6457e
Important look at management.

https://preview.redd.it/xojlumclnwb51.png?width=1031&format=png&auto=webp&s=b98afd4dec316158d1ef66707409f0e561a085ec
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.

https://preview.redd.it/7rhhz31rnwb51.png?width=1147&format=png&auto=webp&s=5dc56afe874e7cc5fc266abbab0ed5928a72e6e2
Announced last to last week.

https://preview.redd.it/qgc1wre1owb51.png?width=312&format=png&auto=webp&s=c4b63f256464f28b035c71b1e6b130b8399ee16e
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.

https://preview.redd.it/9w72g5l6owb51.png?width=455&format=png&auto=webp&s=e4c94d42d0df94386f397068c4936e5cb6056305
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.
TECHNICALS.
EDIT: OUTDATED AND LAZY TO REPLACE TECHNICALS. OVERSOLD AF RN

https://preview.redd.it/osszi7dbowb51.png?width=198&format=png&auto=webp&s=51d341dd5acca26d1e442eeecdc2464838ff9fbc
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.

https://preview.redd.it/qmwfp56howb51.png?width=274&format=png&auto=webp&s=5859a00af6b6ea64d399844e3e700ee376b49b8c
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.

https://preview.redd.it/s1ngwcykowb51.png?width=669&format=png&auto=webp&s=96f69784a8a631caa11b04235b8a37530393e41f
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.

https://preview.redd.it/piebj6ypowb51.png?width=1913&format=png&auto=webp&s=7ba68ea91d8f12f7f91b5d9f1addaab7ef8f4a44
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.
https://www.benzinga.com/trading-ideas/long-ideas/20/07/16681856/sports-betting-etf-adds-fertitta-spac-ahead-of-golden-nugget-onlines-nasdaq-debut?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+benzinga%2Fetfs%2Fnew-etfs+%28Channels+-+ETFs+-+New+ETFs%29&utm_content=Google+Feedfetcher

Under $15 is the highest entry. Do not chase above.
submitted by Scared_Bearrrrr to smallstreetbets [link] [comments]

I went on a bit of a rant after skimming some senate bills. Feel free to use this to email your reps.

I look up bills in my state every once in a while for things I am interested in just to stay informed. After seeing poker lumped in as a "games of chance" like bingo and slot machines I wrote a bit of a rant to my representatives. Thought I would share what I wrote incase anyone here wanted to use it.
I know it's COVID and there are bigger issues. But even more the reason to allow online play. You might want to remove my reference to the Washington States Senate bill, but I'm sure something similar exists for you. For the most part, these emails are actually read. So it's not a waste of time to change what I have a little email it to a few people.
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Find your reps: https://www.commoncause.org/find-your-representative/add
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Hello, my name is [Name] and I live in [State] District [your disctrict number]. I am writing to you to voice my support for online poker and explain why it should be legalized. I was prompted to write this email after skimming a few senate bills, one of which (S-1558.1) read this:
"An affirmative vote of sixty percent of both houses of the legislature is required before offering any game allowing or requiring a player to become eligible for a prize or to otherwise play any portion of the game by interacting with any device or terminal involving digital, video, or other electronic representations of any game of chance, including scratch tickets, pull-tabs, bingo, poker or other cards, dice, roulette, keno, or slot machines. Approval of the legislature shall be required before entering any agreement with other state lotteries to conduct shared games;"
The part of this bill that is particularly inaccurate is classifying poker as a "game of chance". A game of chance would imply a fixed probability of a person winning or losing. Rolling dice has a 1:5 chance of hitting the number you want, Slot Machines are a programmed payout %, and all other games listed here fit in that category. But Poker does not. But the defining characteristic I think you should pay attention to here is that in the world of gambling the house has this fixed edge using probabilities. So no matter what a person does the house will always have a 3-20% edge. For example, if you are playing roulette, no matter what you do you have a ~47% chance of winning. Meaning the house has a 6% edge.
Yes, there are scenarios in poker where you can get lucky, but that is with any game or sport. The chance of it raining, the chance of twisting your ankle, the chance of sneezing. But aside from that, Poker it is far from a game of chance. This is most easily proven by the mere existence of professional poker players. People who are skilled at poker, win way more often than they lose on average.
The house has no edge in poker, individuals have an edge, but only based on their skill level. Skills include, but are not limited to:
  1. Knowing the value of your hand compared to the possible value of your opponents hands given the cards on the board.
  2. Knowing the probability of improving of your hand (If I need a heart, there is a 25% chance of that coming. If I need a King after the flop I have ~16% chance of winning)
  3. Knowing how to bet (and how much to bet), or call, or fold based on the value of your hand and the odds of it improving.
These are all skills that a person can possess to have an edge over other people. However, there is no edge for the house. This dynamic exists in many games, there is no difference in playing poker for money than there is in entering a singing contest for money. They both mostly involve the skill of the person vs their opponents, the only difference is that odds of getting a heart on the next card or getting a King after the flop are perfectly predictable opportunities of chance in poker, therefore more noticeable. But the luck involved in singing like humidity that day, technical issues, or getting sick are much hard to measure, therefore less noticeable.
Finally, I want to compare poker to something that is legal, truly a game of chance, and damaging to low income populations–the lottery. Online poker can easily be regulated and will mostly be played by higher income earners. Yes, it is possible for people to be addicted, but people can be addicted to anything. Being online vs in person does not make a difference as to how an addict will behave. However, the lottery is more addictive and specifically targets low income areas. The fact that the lottery is legal and people can pay $10 - $100 a week on a game that they have a near 0 chance of "winning", but cannot play online poker with that same money and improve their chances overtime just does not make any logical sense.
If someone is addicted to poker, they will play poker. The only difference is that you are forcing them into playing in person where the cheapest game is $300 to buy in. But the advantage of online poker is, those same people can get their fix buying in for $10. By making online poker illegal, you are hurting the very people you say you are protecting even worse. Poker was made famous in America with online poker, now we are the one of the only countries beside Iran and North Korea where it is illegal. If [State] truly is a progressing place, you will reconsider your stance in online poker and make it legal and regulated the same way New Jersey, Nevada, Pennsylvania, and Delaware have.
Thank you for taking the time to read my position.
submitted by Sherlocked_ to poker [link] [comments]

A New Jersey bet on sports wagers pays off at Supreme Court Sports Gambling Became Legal Because Of A Horse Track (HBO ... Online Gambling To Be Legal In New Jersey: Interview with State Senator Raymond Lesniak Sports Betting Now Open In New Jersey NJ Sports Betting Handle Tops A Quarter Billion In October  Sports Betting News

Other forms of legal online betting in New Jersey include casino and poker sites, daily fantasy sports sites, horse racing betting, and lottery games. In-person betting is similarly widespread with Atlantic City casinos, retail sportsbooks, racetracks, off-track betting parlors (OTBs) and the state lottery all open for business. The sports fan experience in New Jersey will change thanks to sports betting. New Jersey sports betting history. The path to legal sports betting in New Jersey was paved on May 14, 2018, when a Supreme Court ruling overturned a 1992 decision which effectively made sports gambling illegal in the US everywhere except Nevada, which was ... Legal sports betting continues to grow in New Jersey heading into the 2020 NFL season. Fans of the New York Giants, or any other team, can sign-up at BetMGM Sportsbook to get action on their favorite team this season. SportsbookWire.com has beginner bettors covered. Our legal online sports betting 101 guide for new bettors explains how to bet on the moneyline, against the spread and the Over ... Legal New Jersey sports betting sites, laws and online sportsbook. Find the best online sports betting options that offer odds to bet on professional and college leagues, daily fantasy sports as well as horse races in New Jersey. While many bettors have been gambling online for years, whether it be on an offshore site or through their local bookie's system, this is the first time in New Jersey you can legally bet on sports ...

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A New Jersey bet on sports wagers pays off at Supreme Court

The Supreme Court has ruled that states have the power to legalize sports betting. The case came from New Jersey, a state that fought for years to legalize sports bets at casinos and race tracks. Legal sports betting got underway Thursday in New Jersey. CBS2's Meg Baker reports. While bettors shelled out $260M in bets in October, sportsbooks took a hit with only $11.7M in NJ sports betting revenue. Online sportsbooks in New Jersey were the biggest winners, with DraftKings ... The U.S. Supreme Court has ruled to legalize sports betting, overturning a 1992 law. To read more: http://cbc.ca/1.4662311 »»» Subscribe to CBC News to watch... For a generation, Nevada was the only place in the country where people could legally bet on sports. But thanks to a May Supreme Court decision, many fans wo...

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