Positions: $RSI 30 03/19 30C
Proof: https://imgur.com/a/swCCMjz

*This post is for informational purposes only, you should not construe any such information or other material as investment, financial, or other advice.*

TLDR: Rush Street Interactive ($RSI) is the #1 nationwide online casino company and the #3 or #4 sports book depending on the state. Short selling, unwarranted institutional wariness of share dilution and the general market focus on sports book instead of online casino has left $RSI grossly undervalued. A massive blow out at Q4 earnings will result in analyst upgrades and a rapid repricing by market makers and institutions seeking exposure to the emerging sector.

**Overview**
"Sports book is really just kind of a warm up in a lot of ways for an online casino where the real money is made" - Niccolo De Masi, CEO dMY technologies

Rush Street Interactive ($RSI) operates the BetRivers.com online casino and sports book. They are now fully licensed and operating in New Jersey, Pennsylvania, Michigan, Illinois, Indiana, Colorado, Iowa, and Virginia. They own and operate a casino in New York and already have a New York license making them well positioned for liberalization there. They merged with a dMY Technology Group SPAC on Dec. 31st 2020 with 240 million on the balance sheet to spend on growth.
The online casino business is fundamentally more profitable than sports betting because the average value of a casino player is estimated at $600 while a sports book player could be as little as $20. Estimates put the online casino market at DOUBLE the size of the online sports book market and the online casino industry is really just getting started as more states liberalize.
$RSI is expert at new market entry; they have been first to market in Pennsylvania, Illinois, Indiana, and Colorado and even when they aren't first they are capable of capturing market share in competitive markets such as New Jersey. They also have products which women play which accounts for at least half of the market in online casino. The female market is one that the pure sports book plays miss out on.
Also for some fucking reason they operate a casino and sports book in Colombia (rushbet.co) and may make large expansions into other parts of south America as legalization continues. This means they have the expertise necessary for global expansion in the future although the states remains their primary focus and growth driver.

**The Financials and Strategy**
Unlike other companies in the space Rush Street is already profitable in 2020 and has a strong focus on Return On Invested Capital (ROIC). Q3 gross revenue was $71.9 Million. Q4 revenue is going to be a blow out. Combing through state gambling revenue data and breaking that down by market share my estimate is that Q4 revenue could be as high as $120 Million.
Paired with this blow out will be a **guidance raise to $500 Million for 2021**, which is 2/3 of DraftKings 2021 guidance of $750M.
https://imgur.com/a/xkfcayC

What is striking when compared to $DKNG is that their advertising spend was only a quarter of revenue in Q3 while $DKNG spent 155% of their revenue. This will change as they begin to focus on growth, but it shows they are very good at getting return on ad spend. This company should actually be valued close to $DKNG based on growth potential once guidance is raised.
https://imgur.com/a/RQQXtGg

Their focus on attracting **female gamers** is also important to their long term growth potential. The sports book plays with cross sells to casino such as $DKNG will not be able to grow through the female demographic in the same way. **This cannot be understated** as one of the major strategic advantages of $RSI.
https://imgur.com/a/xzJj26n

As I said before I expect their trend of rapid growth to continue for Q4 earnings, certainly going to be a blow out based on looking at state gambling revenue numbers. My estimate is that their revenue will be around 110M for Q4. I also expect guidance to be raised to 500M for 2021 due to strong performance in existing markets and the recently opened Michigan market as well as their sports book launch in Virginia.
https://imgur.com/a/ckTqHhh

**Short sellers have entered the chat**
The short interest on $RSI sits at 5.08 M shares as of 01/14/21 representing a 30% increase. Now why would a company already valued at 2.8 Billion and with a comparative valuation of 8-10 Billion compared with $DKNG and $PENN be so heavily shorted at such a low market cap? My conclusion is that an institution with 10s of millions to throw at shorting this stock wants to take advantage of fear of share dilution from warrant calling or to establish a better entry prior to earnings.

**Commander in GILF Cathie Wood is Bullish on the sector**
On Feb. 2nd ARK disclosed that they had purchased 620,300 shares of $DKNG. This is extremely bullish for the sector. I am highly confident that after Q4 earnings ARK will be purchasing shares in $RSI as well due its strategic advantages relative to $DKNG and exposure to the female demographic. For such a small market cap company this will be a major catalyst.

**Institutions are bullish**
Fidelity has increased their holdings to 14% as of today: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001793659/8f10b0d8-a3d2-447c-bc75-87587d0a4670.pdf
Alliance Bernstein holds a 6% position reported today: http://d18rn0p25nwr6d.cloudfront.net/CIK-0001793659/e883778d-e759-4a85-91c1-3242ed110720.pdf

**Final notes**
Jerome "The Bus" Bettis, Steelers legend and hall of fame running back, is their brand ambassador... This company knows their target audience and how to appeal to them, likely more 'classic' ambassadors to come to attract even more boomer and Gen X degenerates. Keep in mind these are the gamblers with big money to spend, the average age of an online casino gambler is 42.
This stock has been grossly underpriced due to short selling. The terms of the SPAC deal were not unfavorable and all the insiders held their shares through the merger banking on growth in the market - **management owns 77% of the company**. This is a true value play on a well managed company in an emerging industry with a market size in the hundreds of billions. I plan to hold shares long term.

I will post a part 2 breaking down their latest S-1 filing and Q4 revenue by state when they release their Q4 earnings date.

Do your own research.
References:
https://www.legalsportsreport.com/sports-betting/revenue/
https://fintel.io/doc/sec-rush-street-interactive-inc-ex991-2021-january-05-18632-947
https://s26.q4cdn.com/794539746/files/doc_presentations/2020/RSI-Investor-Presentation-15-Oct-2020.pdf
https://ir.rushstreetinteractive.com/news/news-details/2020/RUSH-STREET-INTERACTIVE-ANNOUNCES-THIRD-QUARTER-2020-RESULTS-AND-RAISES-FULL-YEAR-GUIDANCE/default.aspx
https://www.youtube.com/watch?v=SQWEhWuPmzU
https://www.thestreet.com/investing/draftkings-surges-as-stake-bought-by-ark-next-generation

Positions: $RSI 30 03/19 30C
I will be adding 04/16 25cs each week until earnings.
Exit strategy: "What's an exit strategy?" - u/deepfuckingvalue
Update 021321: IMPORTANT after a commenter pointed out that technically they could report as late as April 2nd I AM RECOMMENDING THAT EVERYONE ROLL OUT TO APRIL 16TH 35Cs

Positions: $RSI 03/19 30C
Proof: https://imgur.com/a/swCCMjz
This post is for informational purposes only, you should not construe any such information or other material as investment, financial, or other advice.
TLDR: Rush Street Interactive ($RSI) is the #1 nationwide online casino company and the #3 or #4 sports book depending on the state. Short selling, unwarranted institutional wariness of share dilution and the general market focus on sports book instead of online casino has left $RSI grossly undervalued. A massive blow out at Q4 earnings will result in analyst upgrades and a rapid repricing by market makers and institutions seeking exposure to the emerging sector.
Overview
"Sports book is really just kind of a warm up in a lot of ways for an online casino where the real money is made" - Niccolo De Masi, CEO dMY technologies
Rush Street Interactive ($RSI) operates the BetRivers.com online casino and sports book. They are now fully licensed and operating in New Jersey, Pennsylvania, Michigan, Illinois, Indiana, Colorado, Iowa, and Virginia. They own and operate a casino in New York and already have a New York license making them well positioned for liberalization there. They merged with a dMY Technology Group SPAC on Dec. 31st 2020 with 240 million on the balance sheet to spend on growth.
The online casino business is fundamentally more profitable than sports betting because the average value of a casino player is estimated at $600 while a sports book player could be as little as $20. Estimates put the online casino market at DOUBLE the size of the online sports book market and the online casino industry is really just getting started as more states liberalize.
$RSI is expert at new market entry; they have been first to market in Pennsylvania, Illinois, Indiana, and Colorado and even when they aren't first they are capable of capturing market share in competitive markets such as New Jersey. They also have products which women play which accounts for at least half of the market in online casino. The female market is one that the pure sports book plays miss out on.
Also for some fucking reason they operate a casino and sports book in Colombia (rushbet.co) and may make large expansions into other parts of south America as legalization continues. This means they have the expertise necessary for global expansion in the future although the states remains their primary focus and growth driver.
The Financials and Strategy
Unlike other companies in the space Rush Street is already profitable in 2020 and has a strong focus on Return On Invested Capital (ROIC). Q3 gross revenue was $71.9 Million. Q4 revenue is going to be a blow out. Combing through state gambling revenue data and breaking that down by market share my estimate is that Q4 revenue could be as high as $120 Million.
Paired with this blow out will be a **guidance raise to $500 Million for 2021**, which is 2/3 of DraftKings 2021 guidance of $750M.
https://imgur.com/a/xkfcayC
What is striking when compared to $DKNG is that their advertising spend was only a quarter of revenue in Q3 while $DKNG spent 155% of their revenue. This will change as they begin to focus on growth, but it shows they are very good at getting return on ad spend. This company should actually be valued close to $DKNG based on growth potential once guidance is raised.
https://imgur.com/a/RQQXtGg
Their focus on attracting **female gamers** is also important to their long term growth potential. The sports book plays with cross sells to casino such as $DKNG will not be able to grow through the female demographic in the same way. **This cannot be understated** as one of the major strategic advantages of $RSI.
https://imgur.com/a/xzJj26n
As I said before I expect their trend of rapid growth to continue for Q4 earnings, certainly going to be a blow out based on looking at state gambling revenue numbers. My estimate is that their revenue will be around 110M for Q4. I also expect guidance to be raised to 500M for 2021 due to strong performance in existing markets and the recently opened Michigan market as well as their sports book launch in Virginia.
https://imgur.com/a/ckTqHhh
Short sellers have entered the chat
The short interest on $RSI sits at 5.08 M shares as of 01/14/21 representing a 30% increase. Now why would a company already valued at 2.8 Billion and with a comparative valuation of 8-10 Billion compared with $DKNG and $PENN be so heavily shorted at such a low market cap? My conclusion is that an institution with 10s of millions to throw at shorting this stock wants to take advantage of fear of share dilution from warrant calling or to establish a better entry prior to earnings.
Cathie Wood is Bullish on the sector
On Feb. 2nd ARK disclosed that they had purchased 620,300 shares of $DKNG. This is extremely bullish for the sector. I am highly confident that after Q4 earnings ARK will be purchasing shares in $RSI as well due its strategic advantages relative to $DKNG and exposure to the female demographic. For such a small market cap company this will be a major catalyst.
Final notes
Jerome "The Bus" Bettis, Steelers legend and hall of fame running back, is their brand ambassador... This company knows their target audience and how to appeal to them, likely more 'classic' ambassadors to come to attract even more boomer and Gen X degenerates. Keep in mind these are the gamblers with big money to spend, the average age of an online casino gambler is 42.
This stock has been grossly underpriced due to short selling. The terms of the SPAC deal were not unfavorable and all the insiders held their shares through the merger banking on growth in the market - **management owns 77% of the company**. This is a true value play on a well managed company in an emerging industry with a market size in the hundreds of billions. I plan to hold shares long term.
I will post a part 2 breaking down their latest S-1 filing and Q4 revenue by state when they release their Q4 earnings date.
Do your own research.
References:
https://www.legalsportsreport.com/sports-betting/revenue/
https://fintel.io/doc/sec-rush-street-interactive-inc-ex991-2021-january-05-18632-947
https://s26.q4cdn.com/794539746/files/doc_presentations/2020/RSI-Investor-Presentation-15-Oct-2020.pdf
https://ir.rushstreetinteractive.com/news/news-details/2020/RUSH-STREET-INTERACTIVE-ANNOUNCES-THIRD-QUARTER-2020-RESULTS-AND-RAISES-FULL-YEAR-GUIDANCE/default.aspx
https://www.youtube.com/watch?v=SQWEhWuPmzU
https://www.thestreet.com/investing/draftkings-surges-as-stake-bought-by-ark-next-generation
Positions: $RSI 03/19 30C
I will be adding 04/16 25Cs each week until earnings
Exit strategy: "What's an exit strategy?" - u/deepfuckingvalue
Forgot to add: http://d18rn0p25nwr6d.cloudfront.net/CIK-0001793659/8f10b0d8-a3d2-447c-bc75-87587d0a4670.pdf Fidelity just doubled their position to almost 15%
Update 021221: Everyone that went in on my initial entry is down 40% right now. As I said I plan to continue to buy 03/19 25Cs each week until earnings. If you’re worried about further losses wait until the day before earnings to load up, you may miss a run up though.
Update 021321: IMPORTANT after a commenter pointed out that technically they could report as late as April 2nd I AM RECOMMENDING THAT EVERYONE ROLL OUT TO APRIL 16TH 35Cs

Hello fellow autists,
Just a pre-cursor, this is my first post of any kind on WSB. I would occasionally peruse the forum but was obviously drawn here from the GME craze and love every part of it.
Score Media and Gaming, listed on the TSX as SCR and in the US as TSCRF.
These guys have nothing but positive news coming in the next 12 months and has the ability to at least double in the next half year, if not sooner. These guys are foraying into the sports betting market and are the only players that have a fully intuitive and integrated sports scores/stats application on the market.
So what are the positives/catalysts for Score Media:
- Expansion with the help/investment of Penn Gaming to expand sportsbook in the US. Keep in mind, Penn is the same company that invested in Barstool. The Score is already approved in New Jersey, Indiana and Colorado, with Iowa right around the corner, and Michigan up next.
- Sports betting in Canada is a 14 Billion dollar market. Single wagering is currently illegal, however, there is unity across the aisle between all political parties to amend the criminal code and make single wagering legal. There are currently two bills in play. C-13 and C-218. C-13 second reading is currently delayed, while C-218 is scheduled for the House of Commons on February 24th. Like most countries, they have currently spent a ton of money propping up their respective economies due to COVID-19. It is highly unlikely the Canadian government rejects this massive taxable revenue stream when it needs it the most
- Leader in sports applications for time spent on the app on a monthly basis, beating out heavy hitters like TSN, ESPN, Bleacher Report....literally every other sports media application
- Only major player with an already existing sports news/fantasy application with seamless sportsbook integration. No hopping back and forth, you can wager through the sports app as if you were on the sportsbook
- They are the biggest E-sports media player with over 1 million subscribers on YouTube and that lead is growing
- They are pushing to get listed on the NYSE in the very near future to further growth and investment opportunities.
The only real hinderance that could potentially stop the run of this company is if the Canadian government fails to amend the current laws for single game wagering, which in the current economical climate, I find extremely unlikely. ESPECIALLY with support from all political parties including the Conservatives, New Democratic Party, Bloc Quebecois and most Liberal MP's.
Even in the event that this for some reason failed to pass, it still has access to an enormous US market with the backing of Penn.
I love this stock boys and girls!

EDIT 1: Currently with 2500 shares. Started at 1.71 and have been steadily buying dips, now at 1.91 cost average
Sources and Links:
Bill C-218 and Canadian Market: https://financialpost.com/telecom/everything-has-changed-canadian-companies-looking-to-cash-in-as-sports-betting-legalization-spreads
https://www.radionl.com/2021/02/04/bclc-advocating-for-ottawa-to-legalize-single-event-sport-betting/
ScoreBet integration: https://www.businesswire.com/news/home/20201112005877/en/Introducing-BET-SECTION-A-New-Dedicated-Home-for-Betting-on-theScore-App
Penn investment and US plans: https://www.thestar.com/business/2021/01/16/the-faceoff-score-media-vs-draftkings-the-well-known-canadian-online-gaming-site-is-bracing-for-competition-from-its-larger-us-peer-but-its-high-brand-recognition-across-canada-gives-it-home-ice.html
Canadian position compared to rivals and US listing plans: https://www.casino.org/news/thescore-ceo-says-company-in-pole-position-for-canadian-sports-betting/

I'm in the u.s. but have been dipping into Australian stocks using foreign ordinaries on the u.s. side because there seems to be more value overseas.
I've found a few posts on here about 5 months ago about points bet, but I need to bring up what is going on in the u.s. now. We've finally decided to stop protecting people from themselves and legalized gambling so states are slowly bringing gambling online.
Each state is bringing it on according to their own rules and they are all different and chaotic (naturally). In the u.s. most states are allowing casino operators to operate a limited number of "skins". These are rights to operate an online sports book casino and poker room. Casinos own the skins and decide what software they will use on each of these skins.
In Michigan we decided to have a single skin for all these gaming types. That means that each casino can only have one sports book, casino and poker room. The fact that one of them chose points bet is actually pretty big.
They also have market share in other states that have legalized gambling (5 others right now). They have positive net gaming revenue, which doesn't sound significant, but with heavy promotions going on right now things are pretty tight for the operators. For example there's a Canadian based online sports book here in the u.s. (score media) that delivered negative net gaming revenue for the year in similar markets as points bet and is still commanding a ~1.3b usd valuation (although they have some potential upside in Canadian single game sports betting being legalized).
All that said: here's a few big points why the stock is going higher.
Right now all these gaming stocks in the u.s. are blowing up as people finally start to realize that there's going to be huge opportunity here as all these states bring gaming online.
Points bet owns their own code and has a unique feature which differentiates itself from other books. I think this has gotten the attention of casino operators and how some australian company no one here has heard of got a skin in the single skin Michigan market.
They have a deal with nbc which will almost guarantee their adoption in other u.s. states as the network will promote their book to a national audience.
They will bring an online casino to Michigan later this year to compliment the sports book. It's already in new jersey and I imagine will come to other states soon.
If this thing was trading in the u.s. market at a more significant clip than 10,000 shares a day I think the valuation would be much more significant.
Tldr: points bet has big potential in the u.s. market that is understated. 🚀🚀
Edit words and: been to Melbourne and Sydney a couple times and lost money betting on the Sidney giants. Can't remember if it was them or the team they were playing but one of them have the same fight song as notre dame in the u.s.

NEW INFO 5 Results from share redemption are posted. Less than .2% redeemed. Very bullish as investors are showing extreme confidence in the future of PLBY.
https://finance.yahoo.com/news/playboy-mountain-crest-acquisition-corp-120000721.html
NEW INFO 4 Definitive Agreement to purchase 100% of Lovers brand stores announced 2/1.
https://www.streetinsider.com/Corporate+News/Playboy+%28MCAC%29+Confirms+Deal+to+Acquire+Lovers/17892359.html
NEW INFO 3 I bought more on the dip today. 5081 total. Price rose AH to $12.38 (2.15%)
NEW INFO 2 Here is the full webinar.
https://icrinc.zoom.us/rec/play/9GWKdmOYumjWfZuufW3QXpe_FW_g--qeNbg6PnTjTMbnNTgLmCbWjeRFpQga1iPc-elpGap8dnDv8Zww.yD7DjUwuPmapeEdP?continueMode=true&tk=lEYc4F_FkKlgsmCIs6w0gtGHT2kbgVGbUju3cIRBSjk.DQIAAAAV8NK49xZWdldRM2xNSFNQcTBmcE00UzM3bXh3AAAAAAAAAAAAAAAAAAAAAAAAAAAA&uuid=WN_GKWqbHkeSyuWetJmLFkj4g&_x_zm_rtaid=kR45-uuqRE-L65AxLjpbQw.1611967079119.2c054e3d3f8d8e63339273d9175939ed&_x_zm_rhtaid=866
NEW INFO 1 Live merger webinar with PLBY and MCAC on Friday January 29, 2021 at 12:00 NOON EST link below
https://mcacquisition.com/investor-relations/press-release-details/2021/Playboy-Enterprises-Inc.-and-Mountain-Crest-Acquisition-Corp-Participate-in-SPACInsider-ICR-Webinar-on-January-29th-at-12pm-ET/default.aspx
Playboy going public: Porn, Gambling, and Cannabis
!!!WARNING READING AHEAD!!! TL;DR at the end. It will take some time to sort through all the links and read/watch everything, but you should.
In the next couple weeks, Mountain Crest Acquisition Corp is taking Playboy public. The existing ticker MCAC will become PLBY. Special purpose acquisition companies have taken private companies public in recent months with great success. I believe this will be no exception. Notably, Playboy is profitable and has skyrocketing revenue going into a transformational growth phase.
Porn - First and foremost, let's talk about porn. I know what you guys are thinking. “Porno mags are dead. Why would I want to invest in something like that? I can get porn for free online.” Guess what? You are absolutely right. And that’s exactly why Playboy doesn’t do that anymore. That’s right, they eliminated their print division. And yet they somehow STILL make money from porn that people (see: boomers) pay for on their website through PlayboyTV, Playboy Plus, and iPlayboy. Here’s the thing: Playboy has international, multi-generational name recognition from porn. They have content available in 180 countries. It will be the only publicly traded adult entertainment (porn) company. But that is not where this company is going. It will help support them along the way. You can see every Playboy magazine through iPlayboy if you’re interested. NSFW links below:
https://www.playboy.com/
https://www.playboytv.com/
https://www.playboyplus.com/
https://www.iplayboy.com/
Gambling - Some of you might recognize the Playboy brand from gambling trips to places like Las Vegas, Atlantic City, Cancun, London or Macau. They’ve been in the gambling biz for decades through their casinos, clubs, and licensed gaming products. They see the writing on the wall. COVID is accelerating the transition to digital, application based GAMBLING. That’s right. What we are doing on Robinhood with risky options is gambling, and the only reason regulators might give a shit anymore is because we are making too much money. There may be some restrictions put in place, but gambling from your phone on your couch is not going anywhere. More and more states are allowing things like Draftkings, poker, state ‘lottery” apps, hell - even political betting. Michigan and Virginia just ok’d gambling apps. They won’t be the last. This is all from your couch and any 18 year old with a cracked iphone can access it. Wouldn’t it be cool if Playboy was going to do something like that? They’re already working on it. As per CEO Ben Kohn who we will get to later, “...the company’s casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth.” Honestly, I stopped researching Scientific Games' sports betting segment when I saw the word ‘omni-channel’. That told me all I needed to know about it’s success.
“Our SG Sports™ platform is an enhanced, omni-channel solution for online, self-service and retail fixed odds sports betting – from soccer to tennis, basketball, football, baseball, hockey, motor sports, racing and more.”
https://www.scientificgames.com/
https://www.microgaming.co.uk/
“This latter segment has become increasingly enticing for Playboy, and it said last week that it is considering new tie-ups that could include gaming operators like PointsBet and 888Holdings.”
https://calvinayre.com/2020/10/05/business/playboys-gaming-ops-could-get-a-boost-from-spac-purchase/
As per their SEC filing:
“Significant consumer engagement and spend with Playboy-branded gaming properties around the world, including with leading partners such as Microgaming, Scientific Games, and Caesar’s Entertainment, steers our investment in digital gaming, sports betting and other digital offerings to further support our commercial strategy to expand consumer spend with minimal marginal cost, and gain consumer data to inform go-to-market plans across categories.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tMDAA1
They are expanding into more areas of gaming/gambling, working with international players in the digital gaming/gambling arena, and a Playboy sportsbook is on the horizon.
https://www.playboy.com/read/the-pleasure-of-playing-with-yourself-mobile-gaming-in-the-covid-era
Cannabis - If you’ve ever read through a Playboy magazine, you know they’ve had a positive relationship with cannabis for many years. As of September 2020, Playboy has made a major shift into the cannabis space. Too good to be true you say? Check their website. Playboy currently sells a range of CBD products. This is a good sign. Federal hemp products, which these most likely are, can be mailed across state lines and most importantly for a company like Playboy, can operate through a traditional banking institution. CBD products are usually the first step towards the cannabis space for large companies. Playboy didn’t make these products themselves meaning they are working with a processor in the cannabis industry. Another good sign for future expansion. What else do they have for sale? Pipes, grinders, ashtrays, rolling trays, joint holders. Hmm. Ok. So it looks like they want to sell some shit. They probably don’t have an active interest in cannabis right? Think again:
https://www.forbes.com/sites/javierhasse/2020/09/24/playboy-gets-serious-about-cannabis-law-reform-advocacy-with-new-partnership-grants/?sh=62f044a65cea
“Taking yet another step into the cannabis space, Playboy will be announcing later on Thursday (September, 2020) that it is launching a cannabis law reform and advocacy campaign in partnership with National Organization for the Reform of Marijuana Laws (NORML), Last Prisoner Project, Marijuana Policy Project, the Veterans Cannabis Project, and the Eaze Momentum Program.”
“According to information procured exclusively, the three-pronged campaign will focus on calling for federal legalization. The program also includes the creation of a mentorship plan, through which the Playboy Foundation will support entrepreneurs from groups that are underrepresented in the industry.” Remember that CEO Kohn from earlier? He wrote this recently:
https://medium.com/naked-open-letters-from-playboy/congress-must-pass-the-more-act-c867c35239ae
Seems like he really wants weed to be legal? Hmm wonder why? The writing's on the wall my friends. Playboy wants into the cannabis industry, they are making steps towards this end, and we have favorable conditions for legislative progress.
Don’t think branding your own cannabis line is profitable or worthwhile? Tell me why these 41 celebrity millionaires and billionaires are dummies. I’ll wait.
https://www.celebstoner.com/news/celebstoner-news/2019/07/12/top-celebrity-cannabis-brands/
Confirmation: I hear you. “This all seems pretty speculative. It would be wildly profitable if they pull this shift off. But how do we really know?” Watch this whole video:
https://finance.yahoo.com/video/playboy-ceo-telling-story-female-154907068.html
Man - this interview just gets my juices flowing. And highlights one of my favorite reasons for this play. They have so many different business avenues from which a catalyst could appear. I think paying attention, holding shares, and options on these staggered announcements over the next year is the way I am going to go about it. "There's definitely been a shift to direct-to-consumer," he (Kohn) said. "About 50 percent of our revenue today is direct-to-consumer, and that will continue to grow going forward.” “Kohn touted Playboy's portfolio of both digital and consumer products, with casino-style gaming, in particular, serving a crucial role under the company's new business model. Playboy also has its sights on the emerging cannabis market, from CBD products to marijuana products geared toward sexual health and pleasure.” "If THC does become legal in the United States, we have developed certain strains to enhance your sex life that we will launch," Kohn said. https://cheddar.com/media/playboy-goes-public-health-gaming-lifestyle-focus Oh? The CEO actually said it? Ok then. “We have developed certain strains…” They’re already working with growers on strains and genetics? Ok. There are several legal cannabis markets for those products right now, international and stateside. I expect Playboy licensed hemp and THC pre-rolls by EOY. Something like this: https://www.etsy.com/listing/842996758/10-playboy-pre-roll-tubes-limited?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=pre+roll+playboy&ref=sr_gallery-1-2&organic_search_click=1 Maintaining cannabis operations can be costly and a regulatory headache. Playboy’s licensing strategy allows them to pick successful, established partners and sidestep traditional barriers to entry. You know what I like about these new markets? They’re expanding. Worldwide. And they are going to be a bigger deal than they already are with or without Playboy. Who thinks weed and gambling are going away? Too many people like that stuff. These are easy markets. And Playboy is early enough to carve out their spot in each. Fuck it, read this too: https://www.forbes.com/sites/jimosman/2020/10/20/playboy-could-be-the-king-of-spacs-here-are-three-picks/?sh=2e13dcaa3e05
Numbers: You want numbers? I got numbers. As per the company’s most recent SEC filing:
“For the year ended December 31, 2019, and the nine months ended September 30, 2020, Playboy’s historical consolidated revenue was $78.1 million and $101.3 million, respectively, historical consolidated net income (loss) was $(23.6) million and $(4.8) million, respectively, and Adjusted EBITDA was $13.1 million and $21.8 million, respectively.”
“In the nine months ended September 30, 2020, Playboy’s Licensing segment contributed $44.2 million in revenue and $31.1 million in net income.”
“In the ninth months ended September 30, 2020, Playboy’s Direct-to-Consumer segment contributed $40.2 million in revenue and net income of $0.1 million.”
“In the nine months ended September 30, 2020, Playboy’s Digital Subscriptions and Content segment contributed $15.4 million in revenue and net income of $7.4 million.”
They are profitable across all three of their current business segments.
“Playboy’s return to the public markets presents a transformed, streamlined and high-growth business. The Company has over $400 million in cash flows contracted through 2029, sexual wellness products available for sale online and in over 10,000 major retail stores in the US, and a growing variety of clothing and branded lifestyle and digital gaming products.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
Growth: Playboy has massive growth in China and massive growth potential in India. “In China, where Playboy has spent more than 25 years building its business, our licensees have an enormous footprint of nearly 2,500 brick and mortar stores and 1,000 ecommerce stores selling high quality, Playboy-branded men’s casual wear, shoes/footwear, sleepwear, swimwear, formal suits, leather & non-leather goods, sweaters, active wear, and accessories. We have achieved significant growth in China licensing revenues over the past several years in partnership with strong licensees and high-quality manufacturers, and we are planning for increased growth through updates to our men’s fashion lines and expansion into adjacent categories in men’s skincare and grooming, sexual wellness, and women’s fashion, a category where recent launches have been well received.” The men’s market in China is about the same size as the entire population of the United States and European Union combined. Playboy is a leading brand in this market. They are expanding into the women’s market too. Did you know CBD toothpaste is huge in China? China loves CBD products and has hemp fields that dwarf those in the US. If Playboy expands their CBD line China it will be huge. Did you know the gambling money in Macau absolutely puts Las Vegas to shame? Technically, it's illegal on the mainland, but in reality, there is a lot of gambling going on in China. https://www.forbes.com/sites/javierhasse/2020/10/19/magic-johnson-and-uncle-buds-cbd-brand-enter-china-via-tmall-partnership/?sh=271776ca411e “In India, Playboy today has a presence through select apparel licensees and hospitality establishments. Consumer research suggests significant growth opportunities in the territory with Playboy’s brand and categories of focus.” “Playboy Enterprises has announced the expansion of its global consumer products business into India as part of a partnership with Jay Jay Iconic Brands, a leading fashion and lifestyle Company in India.” “The Indian market today is dominated by consumers under the age of 35, who represent more than 65 percent of the country’s total population and are driving India’s significant online shopping growth. The Playboy brand’s core values of playfulness and exploration resonate strongly with the expressed desires of today’s younger millennial consumers. For us, Playboy was the perfect fit.” “The Playboy international portfolio has been flourishing for more than 25 years in several South Asian markets such as China and Japan. In particular, it has strategically targeted the millennial and gen-Z audiences across categories such as apparel, footwear, home textiles, eyewear and watches.” https://www.licenseglobal.com/industry-news/playboy-expands-global-footprint-india It looks like they gave COVID the heisman in terms of net damage sustained: “Although Playboy has not suffered any material adverse consequences to date from the COVID-19 pandemic, the business has been impacted both negatively and positively. The remote working and stay-at-home orders resulted in the closure of the London Playboy Club and retail stores of Playboy’s licensees, decreasing licensing revenues in the second quarter, as well as causing supply chain disruption and less efficient product development thereby slowing the launch of new products. However, these negative impacts were offset by an increase in Yandy’s direct-to-consumer sales, which have benefited in part from overall increases in online retail sales so far during the pandemic.” Looks like the positives are long term (Yandy acquisition) and the negatives are temporary (stay-at-home orders).
https://www.sec.gov/Archives/edgadata/1803914/000110465921006093/tm213766-1_defa14a.htm
This speaks to their ability to maintain a financially solvent company throughout the transition phase to the aforementioned areas. They’d say some fancy shit like “expanded business model to encompass four key revenue streams: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming.” I hear “we’re just biding our time with these trinkets until those dollar dollar bill y’all markets are fully up and running.” But the truth is these existing revenue streams are profitable, scalable, and rapidly expanding Playboy’s e-commerce segment around the world.
"Even in the face of COVID this year, we've been able to grow EBITDA over 100 percent and revenue over 68 percent, and I expect that to accelerate going into 2021," he said. “Playboy is accelerating its growth in company-owned and branded consumer products in attractive and expanding markets in which it has a proven history of brand affinity and consumer spend.”
Also in the SEC filing, the Time Frame:
“As we detailed in the definitive proxy statement, the SPAC stockholder meeting to vote on the transaction has been set for February 9th, and, subject to stockholder approval and satisfaction of the other closing conditions, we expect to complete the merger and begin trading on NASDAQ under ticker PLBY shortly thereafter,” concluded Kohn.
The Players: Suhail “The Whale” Rizvi (HMFIC), Ben “The Bridge” Kohn (CEO), “lil” Suying Liu & “Big” Dong Liu (Young-gun China gang). I encourage you to look these folks up. The real OG here is Suhail Rizvi. He’s from India originally and Chairman of the Board for the new PLBY company. He was an early investor in Twitter, Square, Facebook and others. His firm, Rizvi Traverse, currently invests in Instacart, Pinterest, Snapchat, Playboy, and SpaceX. Maybe you’ve heard of them. “Rizvi, who owns a sprawling three-home compound in Greenwich, Connecticut, and a 1.65-acre estate in Palm Beach, Florida, near Bill Gates and Michael Bloomberg, moved to Iowa Falls when he was five. His father was a professor of psychology at Iowa. Along with his older brother Ashraf, a hedge fund manager, Rizvi graduated from Wharton business school.” “Suhail Rizvi: the 47-year-old 'unsocial' social media baron: When Twitter goes public in the coming weeks (2013), one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his photos from the internet. In IPO, Twitter seeks to be 'anti-FB'” “Prince Alwaleed bin Talal of Saudi Arabia looks like a big Twitter winner. So do the moneyed clients of Jamie Dimon. But as you’ve-got-to-be-joking wealth washed over Twitter on Thursday — a company that didn’t exist eight years ago was worth $31.7 billion after its first day on the stock market — the non-boldface name of the moment is Suhail R. Rizvi. Mr. Rizvi, 47, runs a private investment company that is the largest outside investor in Twitter with a 15.6 percent stake worth $3.8 billion at the end of trading on Thursday (November, 2013). Using a web of connections in the tech industry and in finance, as well as a hearty dose of good timing, he brought many prominent names in at the ground floor, including the Saudi prince and some of JPMorgan’s wealthiest clients.” https://www.nytimes.com/2013/11/08/technology/at-twitter-working-behind-the-scenes-toward-a-billion-dollar-payday.html Y’all like that Arab money? How about a dude that can call up Saudi Princes and convince them to spend? Funniest shit about I read about him: “Rizvi was able to buy only $100 million in Facebook shortly before its IPO, thus limiting his returns, according to people with knowledge of the matter.” Poor guy :(
He should be fine with the 16 million PLBY shares he's going to have though :)
Shuhail also has experience in the entertainment industry. He’s invested in companies like SESAC, ICM, and Summit Entertainment. He’s got Hollywood connections to blast this stuff post-merger. And he’s at least partially responsible for that whole Twilight thing. I’m team Edward btw.
I really like what Suhail has done so far. He’s lurked in the shadows while Kohn is consolidating the company, trimming the fat, making Playboy profitable, and aiming the ship at modern growing markets.
https://www.reuters.com/article/us-twitter-ipo-rizvi-insight/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo-idUSBRE9920VW20131003
Ben “The Bridge” Kohn is an interesting guy. He’s the connection between Rizvi Traverse and Playboy. He’s both CEO of Playboy and was previously Managing Partner at Rizvi Traverse. Ben seems to be the voice of the Playboy-Rizvi partnership, which makes sense with Suhail’s privacy concerns. Kohn said this:
“Today is a very big day for all of us at Playboy and for all our partners globally. I stepped into the CEO role at Playboy in 2017 because I saw the biggest opportunity of my career. Playboy is a brand and platform that could not be replicated today. It has massive global reach, with more than $3B of global consumer spend and products sold in over 180 countries. Our mission – to create a culture where all people can pursue pleasure – is rooted in our 67-year history and creates a clear focus for our business and role we play in people’s lives, providing them with the products, services and experiences that create a lifestyle of pleasure. We are taking this step into the public markets because the committed capital will enable us to accelerate our product development and go-to-market strategies and to more rapidly build our direct to consumer capabilities,” said Ben Kohn, CEO of Playboy.
“Playboy today is a highly profitable commerce business with a total addressable market projected in the trillions of dollars,” Mr. Kohn continued, “We are actively selling into the Sexual Wellness consumer category, projected to be approximately $400 billion in size by 2024, where our recently launched intimacy products have rolled out to more than 10,000 stores at major US retailers in the United States. Combined with our owned & operated ecommerce Sexual Wellness initiatives, the category will contribute more than 40% of our revenue this year. In our Apparel and Beauty categories, our collaborations with high-end fashion brands including Missguided and PacSun are projected to achieve over $50M in retail sales across the US and UK this year, our leading men’s apparel lines in China expanded to nearly 2500 brick and mortar stores and almost 1000 digital stores, and our new men’s and women’s fragrance line recently launched in Europe. In Gaming, our casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth. Our product strategy is informed by years of consumer data as we actively expand from a purely licensing model into owning and operating key high-growth product lines focused on driving profitability and consumer lifetime value. We are thrilled about the future of Playboy. Our foundation has been set to drive further growth and margin, and with the committed capital from this transaction and our more than $180M in NOLs, we will take advantage of the opportunity in front of us, building to our goal of $100M of adjusted EBITDA in 2025.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
Also, according to their Form 4s, “Big” Dong Liu and “lil” Suying Liu just loaded up with shares last week. These guys are brothers and seem like the Chinese market connection. They are only 32 & 35 years old. I don’t even know what that means, but it's provocative.
https://www.secform4.com/insider-trading/1832415.htm
https://finance.yahoo.com/news/mountain-crest-acquisition-corp-ii-002600994.html
Y’all like that China money?
“Mr. Liu has been the Chief Financial Officer of Dongguan Zhishang Photoelectric Technology Co., Ltd., a regional designer, manufacturer and distributor of LED lights serving commercial customers throughout Southern China since November 2016, at which time he led a syndicate of investments into the firm. Mr. Liu has since overseen the financials of Dongguan Zhishang as well as provided strategic guidance to its board of directors, advising on operational efficiency and cash flow performance. From March 2010 to October 2016, Mr. Liu was the Head of Finance at Feidiao Electrical Group Co., Ltd., a leading Chinese manufacturer of electrical outlets headquartered in Shanghai and with businesses in the greater China region as well as Europe.”
Dr. Suying Liu, Chairman and Chief Executive Officer of Mountain Crest Acquisition Corp., commented, “Playboy is a unique and compelling investment opportunity, with one of the world’s largest and most recognized brands, its proven consumer affinity and spend, and its enormous future growth potential in its four product segments and new and existing geographic regions. I am thrilled to be partnering with Ben and his exceptional team to bring his vision to fruition.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
These guys are good. They have a proven track record of success across multiple industries. Connections and money run deep with all of these guys. I don’t think they’re in the game to lose.
I was going to write a couple more paragraphs about why you should have a look at this but really the best thing you can do is read this SEC filing from a couple days ago. It explains the situation in far better detail. Specifically, look to page 137 and read through their strategy. Also, look at their ownership percentages and compensation plans including the stock options and their prices. The financials look great, revenue is up 90% Q3, and it looks like a bright future.
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
I’m hesitant to attach this because his position seems short term, but I’m going to with a warning because he does hit on some good points (two are below his link) and he’s got a sizable position in this thing (500k+ on margin, I think). I don’t know this guy but he did look at the same publicly available info and make roughly the same prediction, albeit without the in depth gambling or cannabis mention. You can also search reddit for ‘MCAC’ and very few relevant results come up and none of them even come close to really looking at this thing.
https://docs.google.com/document/d/1gOvAd6lebs452hFlWWbxVjQ3VMsjGBkbJeXRwDwIJfM/edit?usp=sharing
“Also, before you people start making claims that Playboy is a “boomer” company, STOP RIGHT THERE. This is not a good argument. Simply put. The only thing that matters is Playboy’s name recognition, not their archaic business model which doesn’t even exist anymore as they have completely repurposed their business.”
“Imagine not buying $MCAC at a 400M valuation lol. Streetwear department is worth 1B alone imo.”
Considering the ridiculous Chinese growth as a lifestyle brand, he’s not wrong.
Current Cultural Significance and Meme Value: A year ago I wouldn’t have included this section but the events from the last several weeks (even going back to tsla) have proven that a company’s ability to meme and/or gain social network popularity can have an effect. Tik-tok, Snapchat, Twitch, Reddit, Youtube, Facebook, Twitter. They all have Playboy stuff on them. Kids in middle and highschool know what Playboy is but will likely never see or touch one of the magazines in person. They’ll have a Playboy hoodie though. Crazy huh? A lot like GME, PLBY would hugely benefit from meme-value stock interest to drive engagement towards their new business model while also building strategic coffers. This interest may not directly and/or significantly move the stock price but can generate significant interest from larger players who will.
Bull Case: The year is 2025. Playboy is now the world leader pleasure brand. They began by offering Playboy licensed gaming products, including gambling products, direct to consumers through existing names. By 2022, demand has skyrocketed and Playboy has designed and released their own gambling platforms. In 2025, they are also a leading cannabis brand in the United States and Canada with proprietary strains and products geared towards sexual wellness. Cannabis was legalized in the US in 2023 when President Biden got glaucoma but had success with cannabis treatment. He personally pushes for cannabis legalization as he steps out of office after his first term. Playboy has also grown their brand in China and India to multi-billion per year markets. The stock goes up from 11ish to 100ish and everyone makes big gains buying somewhere along the way.
Bear Case: The United States does a complete 180 on marijuana and gambling. President Biden overdoses on marijuana in the Lincoln bedroom when his FDs go tits up and he loses a ton of money in his sports book app after the Fighting Blue Hens narrowly lose the National Championship to Bama. Playboy is unable to expand their cannabis and gambling brands but still does well with their worldwide lifestyle brand. They gain and lose some interest in China and India but the markets are too large to ignore them completely. The stock goes up from 11ish to 13ish and everyone makes 15-20% gains.
TL;DR: Successful technology/e-commerce investment firm took over Playboy to turn it into a porn, online gambling/gaming, sports book, cannabis company, worldwide lifestyle brand that promotes sexual wellness, vetern access, women-ownership, minority-ownership, and “pleasure for all”. Does a successful online team reinventing an antiquated physical copy giant sound familiar? No options yet, shares only for now. $11.38 per share at time of writing. My guess? $20 by the end of February. $50 by EOY. This is not financial advice. I am not qualified to give financial advice. I’m just sayin’ I would personally use a Playboy sports book app while smoking a Playboy strain specific joint and it would be cool if they did that. Do your own research. You’d probably want to start here:
WARNING - POTENTIALLY NSFW - SEXY MODELS AHEAD - no actual nudity though
https://s26.q4cdn.com/895475556/files/doc_presentations/Playboy-Craig-Hallum-Conference-Investor-Presentation-11_17_20-compressed.pdf
Or here:
https://www.mcacquisition.com/investor-relations/default.aspx
Jimmy Chill: “Get into any SPAC at $10 or $11 and you are going to make money.”
STL;DR: Buy MCAC. MCAC > PLBY couple weeks. Rocketship. Moon.
Position: 5000 shares. I will buy short, medium, and long-dated calls once available.

A quick note: I am autistic, and proper references to census data are too fucking hard when most of this shit is really obvious and logical to me, so go buy some chicken nuggets to make yourself feel better about being overweight because i do
I will, however, endeavour to find sources on equitable internet access. I cannot provide screenshots of facebook groups due to privacy, but there are various groups easy to access such as global educator collective etc.
or use your tendies to buy switches for hospitals. Relevant.
There's 330 million people in the us, maybe less now because of Covid.
I'm a member of multiple teacher groups, as I was interested in how people are adapting to online learning. Here's the thing. THEY HAVE TRIED AND ITS REALLY HARD. And the reason is simple: a huge buttfuckton of the students, the people, have shitty internet access, no internet access, or live in some feudal comcast net neutrality repealed fucknut kingdom.
A real quick search of one group I'm in shows that for one district in michigan, they have 50% of the student body without ANY internet access. Yeah, digital age coming along for those people.
Why do you people keep raving about the digital age when so many people don't have an internet connection strong enough to download an IOS update in less than 5 hours, let alone a COD update.
Those people aren't living in big cities, but rural centres. Still, their internet is almost as good as mine, in Australia.
https://broadbandnow.com/report/internet-speed-analysis-april-12th-18th/

Most of the people here -have- privileged internet access. But I bet my fucking balls there's more than a few people here who have average, or poor internet. Some issue with their biller.
What does't cost internet? Physical shit. And in a place like the US where I'm sure there are people in lower SES communities afraid of doing a craigslist buy for a secondhand disk because they might get robbed, fleeced or shot, there's a huge market for a middleman who at least won't disappear of craigslist after you find out the game is scratched or broken.
That also doesn't include how a huge proportion of gamers are now women, and who don't have the male privilege of not viewing everything as a potential attack, especially given the virality of #metoo in the last 10 years.
https://www.wisebread.com/8-vile-craigslist-scams-to-watch-out-for
https://mediakix.com/blog/female-gamer-statistics-demographics/
So, just how many potential customers, or rather, nearly guaranteed customers (because poor people buy shit to make them happy to distract them from being poor, or for social capital (https://talkingpointsmemo.com/cafe/why-do-poor-people-waste-money-on-luxury-goods).
More than a few people have boasted about using funds gained to buy things they need, or to donate things like a switch or ten to a hospital. Because we all know that when life really fucking sucks if you've got a video game you can play then you are able to at least escape, just for a bit. I'm gonna play super metroid after this.
What does all of this spell? It spells that half the reason that people are betting against gamestop is because a bunch of old people, due to their own privilege and inability to understand the social economics of why and how people play video games, have failed to understand that regardless of gamestop's need to pivot to the lucrative metropolitan market, that until there is ubiquitous internet access for ALL americans, Gamestop has a VALUABLE place in the market as a safe place for pixel purveyors to do business.
As the reply to the reply, yes amazon is a big online retailer and makes big money because people who like convenience also shop there. True. But also good luck returning what you bought from amazon, and good luck selling shit on there, it's not ebay, and inaccessible for the average punter.
In sum of my short, poorly referenced sociology post,
FUCKING BUY GME and HOLD IT LIKE ITS YOUR LAST WANK BEFORE NO NUT NOVEMBER
This is also not financial or legal advice. This is just logic.
Sources on internet access: remember, your US averages are heavily skewed by population centres like san francisco, silicon valley, new york etc.
https://blogs.microsoft.com/on-the-issues/2019/04/08/its-time-for-a-new-approach-for-mapping-broadband-data-to-better-serve-americans/
https://themarkup.org/ask-the-markup/2020/03/26/how-many-americans-lack-high-speed-internet

This was given an 11 price target (closed over that today) but I think this will be a good long term hold and here is why.
The CEO/founder has been involved with online gambling since 1996(!!!). Also, their CIOJohn Brackens was an Activision Blizzard networks manager.
They've been in purchase mode recently and bought ggCircuit, a B2B cloud-based management for LAN centers, a tournament platform, and integrated wallet/point-of-sale solutions for enterprise customers. ggCircuit has over 1,000 connected locations and has worked with enterprises such as GameStop, Dell, Best Buy and Lenovo as well as universities such as Ohio State, Syracuse and North Carolina. Their ggLeap product has over 60 million hours of usage by over two million unique gamers on tens of thousands of public gaming screens inside centers worldwide.
Also, they bought Helix esports. Helix eSports owns five esports centers, including two of the five largest centers in the US, where they deliver world-class customer service, esports programming and gaming infrastructure.
ALSO, they bought Esports Gaming League (EGL). HAS OVER 350K registered gamers. "EGL is a great addition to our growing operations and further strengthens our ability to execute on our three-pillar strategy," commented Grant Johnson, CEO of Esports Entertainment Group. "EGL technology underpins the esports programs for some of the world's best-known sports franchises, including the LA Kings, Philadelphia Eagles, and Arsenal Football Club. We plan to build on this strong foundation moving forward, driving near-term revenue growth and long-term shareholder value improvement."
You see the trend, and there is more companies than I listed purchased in the past twelve months.
Another thing to consider: -$4.3 Billion in Bets Placed on Super Bowl LV Online bets skyrocketing up by 63% with no signs of slowing -36 million more Americans can now legally bet compared to one year ago, with the addition of Colorado, Illinois, Michigan, Montana, Tennessee, Virginia and Washington, DC.
How does this translate to this company? People are showing a willingness to bet and it's available to a wider audience than ever before.
Here is what I posted before:
Business: egaming platform for gambling and tournaments. They also have other gambling functions, I believe egames you can gamble on is something they just bought (lucky dino).
They also partnered with the Philadelphia eagles to provide esport tournaments, last month I believe, first partnership with a professional team and an egaming gambling site(this was prior to SKLZ). More partnerships could lead to growth as no other professional franchises have a partnership yet for tournaments.
Financials: heavy dilution this past year, just started generating revenue in Q3, negative net income. The company they just bought is internet gambling site they just bought had 21M in revenue last year, est 28M for 2021. Company has very low debt, biggest liability is warrant liability of a few million. 8M of cash on hand, could get through at least 2 quarters without any additional positive cash flow (potentially some more dilution i would imagine). Small institutional ownership (1%) but large insider ownership (35%)
Financials drop Feb 20th, so some DD on this let me know what you think. This company is worth around 150M(on 2/8), for comparison draftkings is over 46B and cathie wood also entered this sector buying draftkings so this could be on her list also.

Chewy crushes earnings reports, while GameStop disappoints. What is the latest news on Apple and the new AirPods Max? Should we buy AirBNB or DoorDash when they launch tomorrow? Let’s talk about this and more about the stock market
Hey everyone and Good Morning! So, let’s start with the recap of yesterday as we saw the Nasdaq Composite leading the way up half a percent, the SP500 up .28%, both of them closing at new record highs with the Dow Jones also up .35% to close Tuesday. The VIX also showed a steady decline through the day as it dropped almost 3%. This moves in the market were caused by the latest hopes for a stimulus deal to be agreed on by the end of current session in congress as there seems to be a lot of ground on which parties can agree on. Things have gotten worse in the economy since this hole stimulus talk has been going around, so, if both parties would have been more willing to give up some ground, people would have already gotten more support and we would probably be talking about other bills or measures that would have helped even more. So, maybe this latest Mnuchin proposal with maybe minor tweaks would be the best chance of anything happening by the end of this year.
We saw more companies advancing yesterday as over 3 thousand companies were moving up, continuing the huge bull run started in November as more than 84% of companies are moving above the 50 and 200-day moving averages. The best gaining sectors yesterday were Energy and Health Care while Real Estate and Utilities lagged behind as Large-Cap Growth companies were the only company factor analysis that lost ground yesterday, with small-caps, especially small-cap growth companies largely outperforming the markets.
You can see in this HEAT MAP that there were gains to be made yesterday in a lot of parts of the stock market, with only a few big red spots on the map.
Today we will get some numbers on the November Job openings, MBA mortgage applications and Petroleum inventories.
While we got some earnings yesterday from Chewy which dazzled again in earnings with the only small miss coming in net sales per customer, but as the number of customers keeps increasing, this might continue to go down, as not every pet owner spends the same amount of big money on pets. The company reported an EBITDA of $5.5M vs a loss of over $9M expected with the gross margin increasing to over 25% while also giving great guidance for Q4 of $1.94B to $1.96B vs less than $1.8B expected by analysts.
The company also turned around to a positive cash flow of over $30M. I really like this company and I expected it to be a good own at least for the next quarter until they reach more hard earnings comps next year.
Meanwhile, as I expected GameStop had another bad quarter despite beating some earnings estimates with a smaller loss than expected, the revenue still continued to drop over 30% on a year over year basis while comps where even worse missing the expectations by quite a margin.
Though e-commerce sales rose by more than 250% in Q3, this did not offset the comparable store sales. Margins also declined with hardware margins being the biggest reasons why. I think this company has a very though challenge on its hands with e-commerce being such a though place to compete in, I think the shift to online has been delayed for this company and I think it will struggle to survive, even though it might see a boost next quarter from the sales of the new gaming consoles that were released last month from both Sony and Microsoft. GME EARNINGS HIGHLIGHTS
I wouldn’t touch this stock as I think there are far better plays out there than betting on this struggling company.
The only company that I am interested today which will release earnings results is ADOBE which is expected to have the best results ever for the company with an increase of over 12% in both EPS and Revenues. Last go around despite posting great results, the stock fell more than 4% in September and have just recovered to that price point. I expect it this time to go higher and stay that way if they manage to deliver the best quarter on the books.
Meanwhile DoorDash is pricing its initial public offering at over 100$/share which I believe is ridiculous, and it is an flat out joke of a valuation, this company has benefited a ton from this economy and still, this valuation implies that they will have over 50% of the total addressable market not in the US, but in the WORLD in the next couple of years, I don’t think this is a good investment opportunity, they will have increasing competition that offer the same thing for free or cheaper, this is a very though business to try and take over as one single company. People will also be way more likely to start going to restaurants maybe not in 2021 but for sure starting 2022 or whenever the vaccines are widely available in the entire world. I wouldn’t touch this stock at such high valuations, especially over 110$, even if I was looking for short-term gains which might end up being the case, I think there are better opportunities out there.
In contrast to DoorDash, I might be interested to buy some AirBNB if the price is right after the IPO, I think it will have a much better future, as personally I really like to rent out apartments or homes whenever I go on a vacation rather than a traditional hotel. And even though it might have a tough Q4 and Q1 next year, I expect by Q2 next year more people will be vaccinated, so more people will start and go out and travel, and with especially low comps for next year as bookings are way down in 2020 this might make the company look much more attractive by this time next year. So, between DoorDash and AirBNB, I clearly like AirBNB a whole damn lot more.
In other IPO news, RBNHD is expected to go public as soon as Q1 next year as they seek a valuation of over $20B.
Some other Boeing came for companies like Boeing which made its first 737 MAX delivery since the ban ended, as it is expected to start rolling out deliveries and upgrades for current planes at a very good rate with more good news coming from the UK which will suspend the tariffs imposed on US Goods.
While PENN gaming ran to an all-time high yesterday after news that sports betting may be launched in Michigan as early as six weeks from now, as legalization of gambling is moving faster and faster in the US, this also bolds well for DraftKings and other gambling stocks.
Also, ETSY keeps getting upgrades from analysts as they are expected to have a great Q4 suggested from the most recent November sales data.
And finally let’s talk about Apple, as they just revealed the new AirPods Max headphone yesterday, with a huge price tag of 549$, this seemed to gain a pretty bad reaction from consumers as they complained about the huge price tag with competitors like Bose and others selling similar headphones for 350$ or less. These headphones, also have a bigger price tag than even the new PS5 videogame console so we will have to wait and see if this is a successful product from Apple, I think they have gone a little overboard with the price, but rich people do tend to pay a premium for brand names. This can also be seen in the latest analyst call from JPMorgan as customers appear to favor high end models as delivery times have been increasing for the 12 Pro and 12 PRO MAX.
On the better side of things for Apple, the Fitness+ service is expected to launch on the 14th of December and it will cost $9.99/month or $79.99$/year. I expect this to be a better success for the company and to drive an even more stable increase of revenues, as subscription-based revenues are better than one-time sales.
So, I still like this company the most in the long-term and it might see a spike in the near future, especially moving closer to Q4 results and earnings. Apple is still the biggest position in my portfolio and I am not planning on changing that anytime soon.
Good luck to everyone in the stock market as the futures are mixed while writing this post with the DOW and SP500 gaining ground while the Nasdaq futures are just down for the moment.
Thank you everyone for reading! Hope you enjoyed the content! Be sure to leave a comment down below with your opinion on the stock market!
Have a great day and see you next time!

Blockbuster, in 2021?? What gives?
I know, right??
As best we know, there exists ONE store in the world. It’s in Bend, Oregon. This is the one you keep hearing about as “The Last Blockbuster.”

They have their own website, bendblockbuster.com, and you can buy merchandise from them online!
In the summer of 2020, they listed their store on AirBnB, allowing you to rent it for a night.
In December 2020, a documentary was released about it.
You’ll find a lot of articles about them online.

The only other official Blockbuster service offering movies is an on-demand service in Denmark. They also have a YouTube Channel.
But didn’t Blockbuster close all of its stores years ago?
Kind of. The short version is that Dish Networks (the US satellite TV provider) bought Blockbuster in 2011 and there were just over 3,000 stores at the time. At the end of 2013, they announced they were shutting down all of their corporate owned stores. The last ever rental was “This is the End” in a Hawaii store on November 9, 2013 before the stores went into liquidation. The liquidation lasted until January 2014, and the stores closed their doors.
But that wasn’t the end of Blockbuster?
Nope! This left 50 or so franchised (ie, independently owned) stores still operating. As long as they could pay Dish for the name, they could stay a Blockbuster. Many of these were in Alaska, Texas, and other parts of the US that less-than-ideal internet connections where streaming wasn’t a great option.
One by one, these stores closed.

The last store in Texas closed in January 2018
There were the last Blockbusters in Alaska, which were also made famous by John Oliver’s stunt to gift them Russel Crowe’s jock strap. The last two Alaska stores closed in July 2018. And today, all we have is Blockbuster store in Bend, Oregon mentioned above.

What about outside the US?
The Wikipedia page for international Blockbuster operations is a little spotty in terms of complete updates on each territory. The short version is that the name “Blockbuster” was licensed, sub-licensed, and co-owned in different territories around on the world. Most ceased operations in the late 1990’s up until the early 2010’s, and by the end of 2020, all of the stores are gone.
Some notable examples:

Australia had one store in Morely (a suburb of Perth), They announced their closure at the end of March 2019. They stopped renting videos as of March 7th and held a liquidation sale on March 31st, 2019. This store was often thought of as the “sister” store to the one in Bend, Oregon.
Blockbusters in Mexico ceased operations in 2015.
The UK stores started rapidly shutting down stores beginning in 2013, and closed in December of that year.
In Brazil, Blockbuster was attached to the chain store "Lojas Americanas," but they appear to have quietly disappeared around July or August of 2018.
There were a number of stores operating in New Zealand. Many started to close around 2007, but up until their closure in January 2020, an independent video store proudly displayed the Blockbuster signage (most likely not legally).
Then there’s the Italy stores. There were two stores in Florence. They were operating as of January 2020 and closed sometime between that and August 2020. Their presence was pretty much a mystery. They weren’t paying Dish for the name, but they may have legitimately had the right to use the name from other ownership deals in the territory. The truth is, we’ll probably never know. I did a deep dive here, and discovered the stores were closed this past December.

Haven’t some Blockbusters re-opened temporarily?
There have been some pop-up shops in recent years, offering a taste of nostalgia for promotional purposes, but they weren’t full Blockbuster stores:

In July 2019, a pop-up Blockbuster store appeared in Los Angeles's Little Tokyo neighborhood, set up by the company Dumbgood. This store acted as a promotion for their Blockbuster-licensed merchandise. In December 2019, they did the same in New York City
In September 2018, Fox resurrected Blockbuster for one weekend in London as a promotional tie-in for the home video release of Deadpool 2.
At the end of April, 2020 in Melbourne, Australia, a burger place called Royal Stacks set up a "Blockbuster" section in their restaurant. This section offers DVD's for purchase only along with candy for sale. This was done to help their employees who are struggling during the COVID crisis. Whether or not this is still around as of this writing is unclear, as is how "official" it was.

I’m seeing Blockbuster products on store shelves lately. What’s up with that?
Dish is trying to make some money on nostalgia because, hey, why not?

Big Potato Games released the Blockbuster Party Game in 2019 and a sequel, Blockbuster Returns in 2020.
Spin Master Games released a Family Feud Blockbuster home game in 2020.
Spin Master has also released a bunch of puzzles of classic movie posters in VHS-like clamshell cases. They’re also available in cheaper cardboard boxes from the Dollar Tree.
As mentioned above with their pop-up, the company Dumbgood has a bunch of Blockbuster merch for sale.
There was a digital tie-in announced in January 2020. Sling TV announced "Flashback Friday" movies you can watch for free and they were using the Blockbuster branding. I’m not sure how long this lasted for.

So what killed Blockbuster? It was Netflix, right? I bet it was Netflix!
Netflix had a big part, but there were a ton of other reasons:

On-Demand was becoming a big thing in the late 2000’s. People who had analog cable were being forced by cable companies to switch to digital boxes where they could order a movie at home pretty easily. Also around this time, the pay-per-view windows were shrinking dramatically. At this point, why go to Blockbuster to maybe get the movie you want, go back to return it, when on-demand offered it for the same price?
Redbox also helped kill Blockbuster by A LOT. By strategically placing themselves in everyday locations like Walmart, 7-Elevens, grocery stores, etc, they offered essentially the same service with much less overhead. They also purchased Blockbuster’s own DVD kiosks in 2012, which had been operated by 3rd party.
Blockbuster didn’t exactly lie down when Netflix started to rise, either. They formed their own mail-in service in the mid-2000’s, offering the added value of being able to return the discs to a retail location. Franchise owners at the time were NOT happy about this. There was also an on-demand app that lasted from 2013 to 2015. It had spotty support on devices and was too little, too late.
There’s the famous story of how Blockbuster turned down the chance to buy Netflix for $50 million in 2000, but keep in mind that at the time Netflix was a struggling venture that failed to make any money, and there was big dot-com bust at the time.
There were also plans to make Blockbuster locations much more “retail” in terms of selling products, including electronics, that never got executed. Someone here linked the concept art of these stores at one point, but for the life of me I can’t find them. If you can find it, let me know!
There are some deep dives on Youtube that go into all of the various factors. This is one is pretty good.

I’ve seen some Blockbuster social media accounts. What’s the story with those?

Likely you’ve seen @LoneBlockbuster. That’s a parody account and it’s pretty funny. Some people think this is the Bend store’s account, but it’s not.
There was a troll account, @BlockbusterHQ that confused a few people into think the company was re-launching.
The official Blockbuster Twitter account is still a thing, presumably being controlled by Dish. They popped up in August 2020 for two tweets, basically as a promotion for the Bend store's AirBnB deal. Prior to that, they hadn't tweeted since 2014 promoting their liquidation.
There’s also various troll accounts for Blockbuster Uganda. I won’t link to any of them since they’re mostly just racist and/or not funny posts.

Now I want to rent a video at a physical store. Where do I go?
You might be screwed. In the US, Hollywood Video closed in 2010, and Family Video announced their closure in January 2021 with 549 stores remaining. There are a handful a mom-and-pop stores still in operation across the country, feel free to do you own search.
If you’re in Italy, there’s Blockbuster Village, a knock-off store. (https://blockbustervillage.it/). These are unrelated to the aforementioned Blockbusters found in Florence, Italy.
There were a couple more around the world, but the list has shrunk every year. These are the only two I’m aware of.
You seem to know more about Blockbuster than any sane person should. What gives?
I was a former employee who started this sub in 2016 as kind of a joke. I’ve since used it to kill time and have gone down a rabbit hole of no return. Please send help.

PENN on the rise, Barstool firing on all cylinders
Penn National Gaming has recovered from a low of $4.52 on March 18th to $110 in less than a year! I remember checking and seeing this steal on that day, but due to uncertain times i missed it.
Not to say I haven’t been involved with this meteoric rise since 🤩
Barstool sports / sports book and the legalization of online betting in Michigan has pumped up the value of Penn.
Where do we see their value going? If they own a large market share of online sports betting in Michigan, is this the start of a nationwide domino effect? Where do the possibilities end?🤔😌

Chewy crushes earnings reports, while GameStop disappoints. What is the latest news on Apple and the new AirPods Max? Should we buy AirBNB or DoorDash when they launch tomorrow? Let’s talk about this and more about the stock market
Hey everyone and Good Morning! So, let’s start with the recap of yesterday as we saw the Nasdaq Composite leading the way up half a percent, the SP500 up .28%, both of them closing at new record highs with the Dow Jones also up .35% to close Tuesday. The VIX also showed a steady decline through the day as it dropped almost 3%. This moves in the market were caused by the latest hopes for a stimulus deal to be agreed on by the end of current session in congress as there seems to be a lot of ground on which parties can agree on. Things have gotten worse in the economy since this hole stimulus talk has been going around, so, if both parties would have been more willing to give up some ground, people would have already gotten more support and we would probably be talking about other bills or measures that would have helped even more. So, maybe this latest Mnuchin proposal with maybe minor tweaks would be the best chance of anything happening by the end of this year.
We saw more companies advancing yesterday as over 3 thousand companies were moving up, continuing the huge bull run started in November as more than 84% of companies are moving above the 50 and 200-day moving averages. The best gaining sectors yesterday were Energy and Health Care while Real Estate and Utilities lagged behind as Large-Cap Growth companies were the only company factor analysis that lost ground yesterday, with small-caps, especially small-cap growth companies largely outperforming the markets.
You can see in this HEAT MAP that there were gains to be made yesterday in a lot of parts of the stock market, with only a few big red spots on the map.
Today we will get some numbers on the November Job openings, MBA mortgage applications and Petroleum inventories.
While we got some earnings yesterday from Chewy which dazzled again in earnings with the only small miss coming in net sales per customer, but as the number of customers keeps increasing, this might continue to go down, as not every pet owner spends the same amount of big money on pets. The company reported an EBITDA of $5.5M vs a loss of over $9M expected with the gross margin increasing to over 25% while also giving great guidance for Q4 of $1.94B to $1.96B vs less than $1.8B expected by analysts.
The company also turned around to a positive cash flow of over $30M. I really like this company and I expected it to be a good own at least for the next quarter until they reach more hard earnings comps next year.
Meanwhile, as I expected GameStop had another bad quarter despite beating some earnings estimates with a smaller loss than expected, the revenue still continued to drop over 30% on a year over year basis while comps where even worse missing the expectations by quite a margin.
Though e-commerce sales rose by more than 250% in Q3, this did not offset the comparable store sales. Margins also declined with hardware margins being the biggest reasons why. I think this company has a very though challenge on its hands with e-commerce being such a though place to compete in, I think the shift to online has been delayed for this company and I think it will struggle to survive, even though it might see a boost next quarter from the sales of the new gaming consoles that were released last month from both Sony and Microsoft. GME EARNINGS HIGHLIGHTS
I wouldn’t touch this stock as I think there are far better plays out there than betting on this struggling company.
The only company that I am interested today which will release earnings results is ADOBE which is expected to have the best results ever for the company with an increase of over 12% in both EPS and Revenues. Last go around despite posting great results, the stock fell more than 4% in September and have just recovered to that price point. I expect it this time to go higher and stay that way if they manage to deliver the best quarter on the books.
Meanwhile DoorDash is pricing its initial public offering at over 100$/share which I believe is ridiculous, and it is an flat out joke of a valuation, this company has benefited a ton from this economy and still, this valuation implies that they will have over 50% of the total addressable market not in the US, but in the WORLD in the next couple of years, I don’t think this is a good investment opportunity, they will have increasing competition that offer the same thing for free or cheaper, this is a very though business to try and take over as one single company. People will also be way more likely to start going to restaurants maybe not in 2021 but for sure starting 2022 or whenever the vaccines are widely available in the entire world. I wouldn’t touch this stock at such high valuations, especially over 110$, even if I was looking for short-term gains which might end up being the case, I think there are better opportunities out there.
In contrast to DoorDash, I might be interested to buy some AirBNB if the price is right after the IPO, I think it will have a much better future, as personally I really like to rent out apartments or homes whenever I go on a vacation rather than a traditional hotel. And even though it might have a tough Q4 and Q1 next year, I expect by Q2 next year more people will be vaccinated, so more people will start and go out and travel, and with especially low comps for next year as bookings are way down in 2020 this might make the company look much more attractive by this time next year. So, between DoorDash and AirBNB, I clearly like AirBNB a whole damn lot more.
In other IPO news, RBNHD is expected to go public as soon as Q1 next year as they seek a valuation of over $20B.
Some other Boeing came for companies like Boeing which made its first 737 MAX delivery since the ban ended, as it is expected to start rolling out deliveries and upgrades for current planes at a very good rate with more good news coming from the UK which will suspend the tariffs imposed on US Goods.
While PENN gaming ran to an all-time high yesterday after news that sports betting may be launched in Michigan as early as six weeks from now, as legalization of gambling is moving faster and faster in the US, this also bolds well for DraftKings and other gambling stocks.
Also, ETSY keeps getting upgrades from analysts as they are expected to have a great Q4 suggested from the most recent November sales data.
And finally let’s talk about Apple, as they just revealed the new AirPods Max headphone yesterday, with a huge price tag of 549$, this seemed to gain a pretty bad reaction from consumers as they complained about the huge price tag with competitors like Bose and others selling similar headphones for 350$ or less. These headphones, also have a bigger price tag than even the new PS5 videogame console so we will have to wait and see if this is a successful product from Apple, I think they have gone a little overboard with the price, but rich people do tend to pay a premium for brand names. This can also be seen in the latest analyst call from JPMorgan as customers appear to favor high end models as delivery times have been increasing for the 12 Pro and 12 PRO MAX.
On the better side of things for Apple, the Fitness+ service is expected to launch on the 14th of December and it will cost $9.99/month or $79.99$/year. I expect this to be a better success for the company and to drive an even more stable increase of revenues, as subscription-based revenues are better than one-time sales.
So, I still like this company the most in the long-term and it might see a spike in the near future, especially moving closer to Q4 results and earnings. Apple is still the biggest position in my portfolio and I am not planning on changing that anytime soon.
Good luck to everyone in the stock market as the futures are mixed while writing this post with the DOW and SP500 gaining ground while the Nasdaq futures are just down for the moment.
Thank you everyone for reading! Hope you enjoyed the content! Be sure to leave a comment down below with your opinion on the stock market!
Have a great day and see you next time!

Well, DraftKing. NFL, NBA, MLB, NHL... And even eSports. With the NBA starting, with the rise of eSports, who wouldn't want to hop along on the journey that DraftKing is taking.
They posted great financial results, with betting legal in only 9 states. Michigan and Virginia are expected to join the other states, theoretically increasing their market by 20% without incurring loads of additional costs. With online sports and esports betting becoming more normal, more states will look into legalising it. And the big winner? DraftKing aka DKNG.
Of course there are competitors but none of them have the industry connections like DKNG, who sponsored the NBA finals last year by the way 🤣.
What do you think about DKNG?

Hi everyone! I am working non-stop provide the best research and analysis regarding DraftKings (NASDAQ: DKNG). I originally posted my overall investment thesis on the company a few weeks back and now I am breaking down and analyzing the latest news and developments regarding DKNG! And no, it is not the ticker symbol for Donkey Kong.
DraftKings in my opinion, is the best pure play investment if you want some exposure to the sports betting, iGaming, and daily fantasy sports space. They're founder led (3 founders to be exact) and they're invested into the company themselves right alongside all of us shareholders or potential shareholders.
Within the last week, there has been some exciting developments regarding DraftKings. I will share them below:
DK Gift Cards Are Live! You can buy a DK gift card as a stocking stuffer for Christmas if you want.
I’m really excited to hear this news. It’s only going to increase the brand awareness of DK and that’s what we want. According to the press release on DK’s investor relations website, they’ve partnered with InComm Payments to facilitate the launching of the gift cards. InComm payments is a global leading payments technology company that has a network of retailers that DK will be able to leverage through this partnership. Convenience stores like 7-Eleven, Speedway and Dollar General are just some of the many convenience stores in Incomm Payments’ network that DK will be able to leverage. For now, the gift cards will be offered in $50 and $25 denominations.
The great thing about this to me is that they’ve beat their competitors to this. That shows managements initiative and ability to get things done which I complimented when I first picked this company. As of right now, you’re not going to be seeing any “FanDuel” (boo FanDuel *thumbs down emoji*) gift cards in the stores. Tim Richardson, the Senior Vice President at InComm Payments was quoted as saying “DraftKings will benefit from having its brand present in tens of thousands of Incomm Payments’ retail partner locations across the US”. Overall, good news for DK.
New York State – Getting desperate? Do they need some online sports gambling revenue?
I want to make this clear before I write about this topic – sports betting is already legal in New York state. The problem is, it’s only legal in brick and mortar (retail) locations. Just under a dozen upstate casinos can operate brick and mortar sports books at the moment. In typical DK fashion, they’re already active in a casino in New York State. DK offers in person brick and mortar sports betting through the Del Lago Resort Casino in Waterloo, NY. My news update I’m sharing is that it appears New York state might be considering expanding to online sports betting too due to a budget shortfall they’re experiencing (they need more tax revenue).
This news came out on Wednesday, 12/16/20 during the day time. Governor Cuomo had a press conference during the day. The press conference was primarily focused on giving an update on the COVID-19 pandemic in New York state. During the presser, the topic of New York state’s budget shortfalls came up. As a possible financial solution, Cuomo said “Are there other ways to get revenue? How about marijuana? How about sports betting?” He’s referring to the possible tax revenue that could be collected if sports betting offerings were expanded beyond just the brick and mortar offerings. What if every New Yorker could place a sports wager from the comfort of their own home on their cell phone?
The battle for legalizing online sports gambling in New York has been going on for years. Governor Cuomo has always been opposed to it. One of the reasons Gov. Cuomo has cited in the past is that he thinks a constitutional amendment would need to be made to New York state law to allow for mobile sports betting in the state. However, one state representative from New York that has been pushing hard for online sports gambling begs to differ. In response to Cuomo’s comments in the presser earlier that day, State Senator Joseph Addabbo said that there would be no constitutional problem with mobile sports betting because the servers could be placed on site of grandfathered in physical casinos. Addabo said that New York state’s need for revenue is “real and immediate”
This is a situation to keep a close eye on. The impacts of legalizing mobile sports betting in NY would be substantial for DK as it would open the population of 20 million people in NY state the opportunity to place wagers on the DK Sportsbook app through the comfort of their home. I imagine it wouldn’t be too difficult for DK to mobilize once they get the green light for mobile betting as they already have the standing relationship with Del Lago Resort Casino for in person betting.
The Michigan Gaming Control Board (MGCB) granted DK a provisional license to conduct online gaming and sports betting in the state of Michigan
For this update I also want to be clear – retail (brick and mortar) and mobile sports betting are already legal in the state of Michigan. It’s just that there’s a lot of yellow tape for Sportsbooks like DK to navigate within a state even after sports betting has become legalized. This provisional license provided by the MGCB was provided to DK and 14 other sportsbooks (including rival FanDuel) on Thursday, December 10th last week.
Now there are just a few more regulatory requirements that DK has to meet in the state of Michigan before they can go live. According to http://www.michigan.gov, “Before launch happens, the platform providers must complete additional regulatory requirements including independent testing of platforms and games and MGCB approval of their internal controls, which ensure gaming integrity. The firms also must secure occupational licenses for certain employees.” You can read the full article on Michigan’s government website here.
Knowing that DK has a knack for being quick to mobilize once they’re given opportunities in respective states, I fully expect them to pass these last few tests with flying colors. The DK Sportsbook app has already been available in the state of Michigan for “free to enter” games. Once they pass the last few requirements, actual wagers will be allowed to be placed. And money will be allowed to be made!
Another promising sign coming out of the state of Michigan, is that on November 30th, 2020, DK became an official sports betting partner of the Detroit Pistons, the NBA basketball team in Michigan. DK Chief Business Officer, Ezra Kucharz, was on the record after the deal closed saying “As our first professional team activation in the state of Michigan, we are thrilled to join forces with the Detroit Pistons ahead of our pending market introduction”. In my opinion, I anticipate we’ll be seeing DK online sports betting in Michigan some time in early 2021.
This concludes my update and analysis on DraftKings.
TL:DR

Draftkings now offers gift cards and you can buy them in convenience stores (first sports betting company to do so)
DraftKings received a provisional license to conduct sports gambling in Michigan
Governor Cuomo of NY said he would consider legalizing "mobile sports betting" to raise additional tax revenue
If you would like to read my original deep dive and analysis on DKNG, you can check it out here:
- DraftKings Deep Dive and Analysis - Investment Thesis

Introduction

Welcome to the /politics polling discussion thread for the general election. As the election nears, polling of both the national presidential popular vote and important swing states is ramping up, and with both parties effectively deciding on nominees, pollsters can get in the field to start assessing the state of the presidential race. Please use this thread to discuss polling and the general state of the presidential or congressional election. Below, you'll find some of the most recent polls, but this is by no means exhaustive, as well as some links to prognosticators sharing election models.
As always though, polls don't vote, people do. Regardless of whether your candidate is doing well or poorly, democracy only works when people vote, and there are always at least a couple polling misses every cycle, some of which are pretty high profile. If you haven't yet done so, please take some time to register to vote or check your registration status.

Polls

Below is a collection of recent polling of the US Presidential election. This is likely incomplete and also omits the generic congressional ballot as well as Senate/House/Gubernatorial numbers that may accompany these polls. Please use the discussion space below to discuss any additional polls not covered. Additionally, not all polls are created equal. If this is your first time looking at polls, the FiveThirtyEight pollster ratings page is a helpful tool to assess historic partisan lean in certain pollsters, as well as their past performance.
Several polls are in the field, so we won't have a full picture of the field until next week when more are expected to be released. Until then, here are the polls since August 16th.

Poll	Date	Type	Biden	Trump
USC Dornsife	8-30	National	54	39
YouGov	8-29	National	47	41
Morning Consult	8-29	National	50	44
Morning Consult	8-29	National	52	42
USC Dornsife	8-29	National	52	40
Emerson College	8-28	Massachusetts	69	30
Trafalgar Group	8-28	Michigan	45	46
Redfield & Wilton Strategies	8-28	National	48	38
Franklin & Marshall College	8-27	Pennsylvania	49	42
Harris Insights & Analytics	8-26	National	47	38
Ipsos	8-26	National	44	37
Benenson Strategy Group	8-26	National	50	39
Rasmussen Reports	8-26	National	46	45
YouGov	8-26	National	50	41
Roanoke College	8-26	Virginia	53	39
Ipsos	8-26	National	47	40
Change Research	8-26	Wisconsin	49	44
Change Research	8-26	Arizona	49	47
Change Research	8-26	Michigan	50	44
Change Research	8-26	Florida	49	46
Change Research	8-26	National	51	43
Change Research	8-26	North Carolina	48	47
Change Research	8-26	Pennsylvania	49	46
Trafalgar Group	8-25	Wisconsin	45	46
Public Policy Polling	8-25	Delaware	58	37
Public Policy Polling	8-25	New York	63	32
Public Policy Polling	8-25	Florida	48	44
Morning Consult	8-24	National	51	43
Morning Consult	8-24	National	52	43
Morning Consult	8-24	National	52	42
Morning Consult	8-24	National	51	43
Morning Consult	8-24	National	51	43
Morning Consult	8-24	National	52	42
Léger	8-24	National	49	40
Morning Consult	8-24	National	52	42
Morning Consult	8-24	North Carolina	49	46
Public Policy Polling	8-24	Texas	48	47
Trafalgar Group	8-24	Louisiana	37	54
YouGov	8-24	National	50	39
TargetSmart	8-24	Ohio	47	46
YouGov	8-23	National	52	42
Morning Consult	8-22	National	52	43
Morning Consult	8-22	National	51	43
Redfield & Wilton Strategies	8-22	National	49	39
Redfield & Wilton Strategies	8-21	Pennsylvania	48	41
Redfield & Wilton Strategies	8-21	Florida	49	41
Redfield & Wilton Strategies	8-21	North Carolina	44	46
Redfield & Wilton Strategies	8-21	Michigan	50	38
Redfield & Wilton Strategies	8-21	Wisconsin	49	39
Redfield & Wilton Strategies	8-21	Arizona	47	38
Harris Insights & Analytics	8-21	National	46	38
Civiqs	8-21	Wisconsin	51	45
Civiqs	8-21	Pennsylvania	51	44
Civiqs	8-21	Michigan	49	46
Civiqs	8-21	Ohio	47	47
DKC Analytics	8-21	New Jersey	52	33
Saint Anselm College	8-20	New Hampshire	51	43
Muhlenberg College	8-20	Pennsylvania	49	45
Global Strategy Group	8-20	Texas	47	45
Echelon Insights	8-20	National	51	38
Echelon Insights	8-20	National	53	39
Data for Progress	8-20	National	50	41
Morning Consult	8-20	National	47	36
Morning Consult	8-20	National	49	39
Trafalgar Group	8-19	Minnesota	46	46
Ipsos	8-19	National	48	40
Ipsos	8-19	National	45	36
ALG Research	8-19	Louisiana	43	50
Rasmussen Reports	8-19	National	48	44
YouGov	8-19	National	50	40
Harris Insights & Analytics	8-18	National	45	39
OnMessage Inc.	8-18	Wisconsin	47	47
OnMessage Inc.	8-18	Florida	49	49
OnMessage Inc.	8-18	Pennsylvania	50	46
OnMessage Inc.	8-18	Arizona	48	51
GQR Research (GQRR)	8-18	Michigan	52	43
Léger	8-17	National	51	35
Morning Consult	8-17	National	50	43
Morning Consult	8-17	National	51	43
Morning Consult	8-17	National	51	43
Morning Consult	8-17	National	51	43
Morning Consult	8-17	National	51	43
Morning Consult	8-17	National	51	42
Morning Consult	8-17	National	51	42
Morning Consult	8-17	Wisconsin	49	43
Redfield & Wilton Strategies	8-17	National	48	40
Landmark Communications	8-17	Georgia	44	47
YouGov	8-17	National	49	38
YouGov	8-17	National	50	41
YouGov	8-17	Texas	40	47
ABC News	8-17	National	54	44
ABC News	8-17	National	53	41
ABC News	8-17	National	53	41
SSRS	8-16	National	50	46
YouGov	8-16	National	52	42
East Carolina University	8-16	North Carolina	46	46
NBC News	8-16	National	50	41

Election Predictions

Prognosticators

Prognosticators are folks who make projected electoral maps, often on the strength of educated guesses as well as inside information in some cases from campaigns sharing internals with the teams involved. Below are a few of these prognosticators and their assessment of the state of the race:

Cook Political Reports - Charlie Cook's race ratings are well regarded in the political field, and he's been in the business for a while. Cook is known to incorporate both public and nonpublic (ie. internal polling) information in his projections. Also covers (and is perhaps better known for) Senate and House races.
Larry Sabato's Crystal Ball - Larry Sabato has also been in the political prediction business for a while now, and the team at the UVA Center for Politics has been fairly successful in past cycles. Towards the end of the election cycle, Sabato has a policy of making a call in each state, refusing to leave any race in the tossup category. Also covers Senate and House races.
Inside Elections - Inside Elections, run by Nathan Gonzales, is the successor to Stu Rothenberg's Rothenberg Political Reports, which used to be a part of Roll Call. This prognosticator did fairly well in 2018, though Rothenberg himself boldly (along with some other pundits) predicted in 2016 that Donald Trump's path to the presidency was nonexistent. Also covers Senate, House and Gubernatorial races.
Daily Kos Elections - Daily Kos Elections is the direct successor to the Swing State Project website, which merged with Daily Kos in 2010. Despite the liberal lean of the site as a whole, the Daily Kos Elections predictions tend to be fairly even-handed, if not even slightly bearish for Democrats. Presidential numbers aren't up yet but they have Senate, House and Gubernatorial races.
RRH Elections - Red Racing Horses Elections is a site founded by former conservative-leaning members of the Swing State Project community. Despite the conservative nature of the commentary, like DKE, the race predictions tend to be fairly neutral, if slightly bearish for Republicans. Like the Crystal Ball, RRH will call all races before the election so that none are left in the tossup category. The presidential rankings have not been published but they do cover Senate, House, Gubernatorial and Row Officer (statewide elected officials, such as state Attorney General, Secretary of State etc.) races.
Media predictions - CNN | U.S. News | NPR | POLITICO

Polling Models

Polling models are similar to prognosticators (and often the model authors will act like pundits as well), but tend to be about making "educated guesses" on the state of the election. Generally, the models are structured to take in data such as polls and electoral fundamentals, and make a guess based on research on prior elections as to the state of the race in each state. Below are a few of the more prominent models that are online or expected to be online soon:

FiveThirtyEight - after months of work, the model is live! 538's team of analysts have put together a beast of a forecast for 2020. It runs 40,000 simulations of the election and uses that data to come up with a projected winner out of 100 sampled outcomes. It also breaks down the projection to show potential electoral college results, popular vote share, tipping point state likelihood, and it can even be broken down into state-level analytics.
Princeton Election Consortium - this is the model run by Dr. Sam Wang, a neuroscience professor at Princeton University. This model has run in the past two cycles as well, though Sam Wang famously said he'd eat a bug if Donald Trump won the election because his model predicted no path to victory for the eventual winner of the 2016 election. Also includes projections for Senate and House.
JHK Forecasts - the earliest model on the scene this cycle. Jack Kersting's model is one of the newer ones this year and also includes projections for Senate and House.
The Economist - this is the model run by G. Elliott Morris, who previously had a midterm election model under The Crosstab.
Niskanen Center - Rachel Bitecofer's projection, which only seems to update a couple times a cycle. Part of this has to do with Bitecofer's central argument that there are generally no swing voters, and electoral fundamentals drive the outcome of the election. This was put to the test in the 2018 midterms, where Bitecofer very early on predicted a Democratic pickup of 40-45 seats in the House, which fell about where the election ended up.
Lean Tossup - a foreign model from Canada. This model did relatively well in the 2019 Canadian election, but this appears to be the first time they've tried forecasting the US Presidential election. Also includes Senate and House projections.
Primary Model - Helmut Norpoth's model does not actually change with inputs anymore. The outcome it predicts, stated as a 91% chance for President Trump to win reelection, is premised entirely on the primary vote totals in the New Hampshire and South Carolina primaries from earlier this year. Despite being a bit of an outlier against other models, this one was among the only to forecast that then-candidate Donald Trump was a favorite to win election in 2016, and has been applied to correctly predict the winner of 5 of the past 6 presidential elections.

Prediction Markets

Prediction markets are betting markets where people put money on the line to estimate the likelihood of one party winning a seat or state. Most of these markets will also tend to move depending on polling and other socioeconomic factors in the same way that prognosticators and models will work. Predictit and Election Betting Odds are prominent in this space, although RealClearPolitics has an aggregate of other betting sites as well.

The nation of Michigan raised a few eyebrows whilst it determined to launch its legal having a bet platform on the begin of a worldwide pandemic that has on account that visible the shuttering of all predominant casinos across the United States and the hibernation of marketable sports activities around the globe. Michigan’s release got here speedy after becoming criminal in December, 2019 – within eleven weeks of the Governor signing off at the plan and with designs to coincide with March Madness, an good sized sales generator for sportsbooksaround the United States.

With the canceling of NCAA Basketball’s optimal annual tournament got here the perceived want for Michigan to re-jig the plans. That is precisely what the state and regulators of the platform have accomplished at some point of a time while all casinos and therefore betting possibilities have been correctly closed because of the coronaviruscrisis. One of the principal criticisms of the platform from the outset become its lack of cellular options – something Michigan is working on presently and need to be finalized by the end of this yr.

Projections for the Michigan Scene
According toMichiganSharp.Com, the Michigan felony having a bet marketplace inside the kingdom is predicted to elevate into an elite category with an eye-establishing $650 million in betting and on line revenues its first 12 months. That revenue could make a contribution $93 million in taxes for the country. Sports making a bet is estimated to be $four hundred million of the revenue general which could be chargeable for $33.6 million in tax revenue for the country. Online casinos and poker, to be able to be taxed at among 20-28% will cover the relaxation.

With a populace of 10 million and the Detroit Lions of the NFL, the Detroit Pistons of the NBA, the Detroit Tigers of MLB, the Detroit Red Wings of the NHL and primary collegiate programs the Michigan Wolverines and Michigan State Spartans calling the sports activities-crazed state domestic, it is not a shock that Michigan is projected to have the earning ability it does.

At this point, there are 26 retail casinos and 23 tribal casinos running in Michigan – none of which have a web component yet but are setting themselves up for a strong cellular platform.

What Michigan Has Done Wrong
Obviously, the timing of the launch may be questioned but there has been no manner that legislators and regulators in Michigan should have visible COVID-19’s outcomes coming. That said, as soon as the writing become on the wall, the kingdom should have stopped the release altogether.

Michigan also didn't introduce any form of on line making a bet to start off with – cellular became continually going to be a work in development that would culminate in a launch much later. And with brick-and-mortar centers being closed, no cell meant no making a bet in any respect for the higher part of four months. Mobile ought to have been part of the initial plan, so casinos and the state ought to have at the least had an opportunity for revenue era at some stage in the COVID lockdowns.

Introduction

Welcome to the /politics polling discussion thread for the general election. As the election nears, polling of both the national presidential popular vote and important swing states is ramping up, and with both parties effectively deciding on nominees, pollsters can get in the field to start assessing the state of the presidential race.
Please use this thread to discuss polling and the general state of the presidential or congressional election. Below, you'll find some of the most recent polls, but this is by no means exhaustive, as well as some links to prognosticators sharing election models.
As always though, polls don't vote, people do. Regardless of whether your candidate is doing well or poorly, democracy only works when people vote, and there are always at least a couple polling misses every cycle, some of which are pretty high profile. If you haven't yet done so, please take some time to register to vote or check your registration status.

Polls

Below is a collection of recent polling of the US Presidential election. This is likely incomplete and also omits the generic congressional ballot as well as Senate/House/Gubernatorial numbers that may accompany these polls. Please use the discussion space below to discuss any additional polls not covered. Additionally, not all polls are created equal. If this is your first time looking at polls, the FiveThirtyEight pollster ratings page is a helpful tool to assess historic partisan lean in certain pollsters, as well as their past performance.

Poll	Date	Type	Biden	Trump
YouGov	8-9	Pennsylvania	49	43
YouGov	8-9	Wisconsin	48	42
Global Strategy Group	8-7	National	49	45
Zogby Interactive	8-7	National	46	46
Zogby Interactive	8-7	National	46	46
Zogby Interactive	8-7	National	46	45
Trafalgar Group	8-7	Texas	43	49
Public Policy Polling	8-7	Kansas	43	50
Research Co.	8-7	National	48	38
EPIC-MRA	8-7	Michigan	51	40
Harris Insights & Analytics	8-5	National	43	40
RMG Research	8-6	Iowa	40	41
Quinnipiac University	8-6	South Carolina	42	47
Quinnipiac University	8-6	Maine CD-1	61	30
Quinnipiac University	8-6	Maine CD-2	44	45
Quinnipiac University	8-6	Kentucky	41	50
Quinnipiac University	8-6	Maine	52	37
David Binder Research	8-6	Michigan	51	41
David Binder Research	8-6	Wisconsin	53	42
David Binder Research	8-6	Minnesota	54	36
David Binder Research	8-6	Iowa	49	43
DFM Research	8-6	Oklahoma	36	56
Data for Progress	8-6	Maine	53	43
Data for Progress	8-6	Iowa	45	46
Data for Progress	8-6	Maine	49	42
Data for Progress	8-6	North Carolina	49	45
Data for Progress	8-6	North Carolina	46	44
Data for Progress	8-6	Iowa	42	44
Data for Progress	8-6	Arizona	47	44
Data for Progress	8-6	Arizona	45	43
Bluegrass Voters Coalition	8-5	Kentucky	34	55
Morning Consult	8-5	Indiana	38	55
Bluegrass Voters Coalition	8-5	Kentucky	45	52
Ipsos	8-5	National	54	45
Ipsos	8-5	National	56	44
Marquette University Law School	8-5	Wisconsin	52	44
Marquette University Law School	8-5	Wisconsin	49	45
Rasmussen Reports	8-5	National	48	45
Monmouth University	8-5	Iowa	46	48
Monmouth University	8-5	Iowa	45	48
Monmouth University	8-5	Iowa	47	47
YouGov	8-5	National	49	40
Zogby Interactive	8-5	North Carolina	44	40
Zogby Interactive	8-5	Florida	43	43
Zogby Interactive	8-5	Ohio	43	41
Zogby Interactive	8-5	Pennsylvania	44	43
MRG Research	8-5	Hawaii	56	29
Hodas & Associates	8-5	Wisconsin	52	37
Hodas & Associates	8-5	Michigan	52	40
Hodas & Associates	8-5	Pennsylvania	50	44
University of California, Berkeley	8-4	California	67	28
Morning Consult	8-4	National	50	43
Morning Consult	8-4	National	50	43
Morning Consult	8-4	National	50	43
Morning Consult	8-4	National	51	42
Morning Consult	8-4	National	51	42
Morning Consult	8-4	National	51	42
Morning Consult	8-4	National	50	43
Morning Consult	8-4	Texas	47	46
Morning Consult	8-4	South Carolina	44	49
Morning Consult	8-4	Kentucky	35	59
Morning Consult	8-4	Alabama	36	58
Fox News	8-3	National	48	41
Public Policy Polling	8-3	Michigan	49	43
Global Strategy Group	8-3	Wisconsin	51	42
Emerson College	8-3	Montana	45	54
Center for Marketing and Opinion Research	8-3	Ohio	45	41
YouGov	8-2	Georgia	46	45
YouGov	8-2	North Carolina	48	44
Emerson College	7-31	National	53	46
YouGov	7-31	National	49	40
Data for Progress	7-31	National	51	42
Data for Progress	7-31	National	50	43
Public Policy Polling	7-31	Minnesota	52	42
University of New Hampshire	7-30	New Hampshire	52	39
University of New Hampshire	7-30	New Hampshire	44	46
University of New Hampshire	7-30	New Hampshire	53	40
IBD	7-30	National	48	41
Virginia Commonwealth University	7-30	Virginia	50	39
Redfield & Wilton Strategies	7-30	Wisconsin	45	35
Redfield & Wilton Strategies	7-30	Michigan	49	37
Redfield & Wilton Strategies	7-30	Arizona	46	38
Redfield & Wilton Strategies	7-30	Pennsylvania	48	41
Redfield & Wilton Strategies	7-30	North Carolina	43	42
Redfield & Wilton Strategies	7-30	Florida	48	41
Franklin & Marshall College	7-30	Pennsylvania	50	41
Cardinal Point Analytics (CardinalGPS)	7-30	North Carolina	46	48
Mason-Dixon Polling & Strategy	7-30	Florida	50	46
Harris Insights & Analytics	7-29	National	55	45
Optimus	7-29	National	47	40
Optimus	7-29	National	38	31
TargetPoint	7-29	Michigan	49	33
Rasmussen Reports	7-29	National	48	42
Monmouth University	7-29	Georgia	47	47
Monmouth University	7-29	Georgia	47	48
Monmouth University	7-29	Georgia	46	49
YouGov	7-29	National	49	40
Zogby Interactive	7-29	National	44	40
Ipsos	7-29	National	57	43
Ipsos	7-29	National	57	43
Change Research	7-29	Pennsylvania	48	46
Change Research	7-29	Florida	48	45
Change Research	7-29	National	51	42
Change Research	7-29	Arizona	47	45
Change Research	7-29	Michigan	46	42
Change Research	7-29	Wisconsin	48	43
Change Research	7-29	North Carolina	49	46
SurveyUSA	7-28	Washington	62	28
Morning Consult	7-28	Wisconsin	49	44
Morning Consult	7-28	North Carolina	46	49
Morning Consult	7-28	Michigan	50	42
Morning Consult	7-28	Minnesota	49	42
Morning Consult	7-28	Florida	47	48
Morning Consult	7-28	Ohio	42	50
Morning Consult	7-28	Virginia	52	42
Morning Consult	7-28	Pennsylvania	48	44
Morning Consult	7-28	Texas	43	50
Morning Consult	7-28	Georgia	47	49
Morning Consult	7-28	Colorado	50	42
Morning Consult	7-28	Arizona	45	47
Colby College	7-28	Maine	50	38
Colby College	7-28	Maine CD-1	55	35
Colby College	7-28	Maine CD-2	45	42
Public Policy Polling	7-28	Montana	45	50
Public Policy Polling	7-28	North Carolina	49	46
Public Policy Polling	7-28	Alaska	44	50
Public Policy Polling	7-28	Maine	53	42
Public Policy Polling	7-28	Georgia	46	45
Public Policy Polling	7-28	Colorado	54	41
Public Policy Polling	7-28	Iowa	47	48
DKC Analytics	7-28	New Jersey	51	33
MassINC Polling Group	7-28	Massachusetts	55	23
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	51	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	50	43
Morning Consult	7-28	National	51	42
Morning Consult	7-28	National	51	42
Morning Consult	7-28	National	51	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	50	43
Morning Consult	7-28	National	51	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	51	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	51	42
Morning Consult	7-28	National	50	43
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	51	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	50	42
Morning Consult	7-28	National	51	42
Morning Consult	7-28	National	51	42
Morning Consult	7-28	National	48	44
Morning Consult	7-28	National	49	44
Morning Consult	7-28	National	49	43
Morning Consult	7-28	Minnesota	47	44
Morning Consult	7-28	Texas	47	45
Morning Consult	7-28	Michigan	52	42
Morning Consult	7-28	Georgia	47	46
Morning Consult	7-28	North Carolina	47	47
Morning Consult	7-28	Ohio	45	48
Morning Consult	7-28	Pennsylvania	50	42
Morning Consult	7-28	Virginia	52	41
Morning Consult	7-28	Florida	49	46
Morning Consult	7-28	Wisconsin	50	43
Morning Consult	7-28	Colorado	52	39
Morning Consult	7-28	Arizona	49	42
ALG Research	7-27	South Carolina	45	50
Trafalgar Group	7-27	Minnesota	49	44
brilliant corners Research & Strategies	7-27	South Carolina	43	50
Harris Insights & Analytics	7-27	National	55	45
Kaiser Family Foundation	7-27	National	47	38
Marist College	7-27	North Carolina	51	44
AP-NORC	7-27	National	46	34
YouGov	7-26	National	51	41
YouGov	7-26	Michigan	48	42
YouGov	7-26	Ohio	45	46
Marist College	7-26	Arizona	50	45
SSRS	7-26	Michigan	52	40
SSRS	7-26	Arizona	49	45
SSRS	7-26	Florida	51	46
Gravis Marketing	7-25	Pennsylvania	48	45
Echelon Insights	7-24	National	52	43
Echelon Insights	7-24	National	51	41
Echelon Insights	7-24	National	49	40
Echelon Insights	7-24	National	53	38
Echelon Insights	7-24	National	50	37
Gravis Marketing	7-24	Michigan	51	42
Gravis Marketing	7-24	Wisconsin	50	42
Data for Progress	7-24	National	49	43
Data for Progress	7-24	National	49	43
Fox News	7-23	Michigan	49	40
Fox News	7-23	Minnesota	51	38
Fox News	7-23	Pennsylvania	50	39
Global Strategy Group	7-23	National	50	39
Garin-Hart-Yang Research Group	7-23	National	51	43
GQR Research (GQRR)	7-23	National	55	44

Election Predictions

Prognosticators

Prognosticators are folks who make projected electoral maps, often on the strength of educated guesses as well as inside information in some cases from campaigns sharing internals with the teams involved. Below are a few of these prognosticators and their assessment of the state of the race:

Cook Political Reports - Charlie Cook's race ratings are well regarded in the political field, and he's been in the business for a while. Cook is known to incorporate both public and nonpublic (ie. internal polling) information in his projections. Also covers (and is perhaps better known for) Senate and House races.
Larry Sabato's Crystal Ball - Larry Sabato has also been in the political prediction business for a while now, and the team at the UVA Center for Politics has been fairly successful in past cycles. Towards the end of the election cycle, Sabato has a policy of making a call in each state, refusing to leave any race in the tossup category. Also covers Senate and House races.
Inside Elections - Inside Elections, run by Nathan Gonzales, is the successor to Stu Rothenberg's Rothenberg Political Reports, which used to be a part of Roll Call. This prognosticator did fairly well in 2018, though Rothenberg himself boldly (along with some other pundits) predicted in 2016 that Donald Trump's path to the presidency was nonexistent. Also covers Senate, House and Gubernatorial races.
Daily Kos Elections - Daily Kos Elections is the direct successor to the Swing State Project website, which merged with Daily Kos in 2010. Despite the liberal lean of the site as a whole, the Daily Kos Elections predictions tend to be fairly even-handed, if not even slightly bearish for Democrats. Presidential numbers aren't up yet but they have Senate, House and Gubernatorial races.
RRH Elections - Red Racing Horses Elections is a site founded by former conservative-leaning members of the Swing State Project community. Despite the conservative nature of the commentary, like DKE, the race predictions tend to be fairly neutral, if slightly bearish for Republicans. Like the Crystal Ball, RRH will call all races before the election so that none are left in the tossup category. The presidential rankings have not been published but they do cover Senate, House, Gubernatorial and Row Officer (statewide elected officials, such as state Attorney General, Secretary of State etc.) races.
Media predictions - CNN | U.S. News | NPR | POLITICO

Polling Models

Polling models are similar to prognosticators (and often the model authors will act like pundits as well), but tend to be about making "educated guesses" on the state of the election. Generally, the models are structured to take in data such as polls and electoral fundamentals, and make a guess based on research on prior elections as to the state of the race in each state. Below are a few of the more prominent models that are online or expected to be online soon:

FiveThirtyEight - this model isn't active yet (though Nate's been sharing some results from it, so it may be coming out soon^TM ), but it's the original model from Nate Silver that debuted in 2008 and really kicked off this genre of race prognostication. For now, here's the polling aggregates that they've set up in lieu of a now-cast (which is likely not returning to the model this year). Will likely also include Senate and House projections like in past years.
Princeton Election Consortium - this is the model run by Dr. Sam Wang, a neuroscience professor at Princeton University. This model has run in the past two cycles as well, though Sam Wang famously said he'd eat a bug if Donald Trump won the election because his model predicted no path to victory for the eventual winner of the 2016 election. Also includes projections for Senate and House.
JHK Forecasts - the earliest model on the scene this cycle. Jack Kersting's model is one of the newer ones this year and also includes projections for Senate and House.
The Economist - this is the model run by G. Elliott Morris, who previously had a midterm election model under The Crosstab.
Niskanen Center - Rachel Bitecofer's projection, which only seems to update a couple times a cycle. Part of this has to do with Bitecofer's central argument that there are generally no swing voters, and electoral fundamentals drive the outcome of the election. This was put to the test in the 2018 midterms, where Bitecofer very early on predicted a Democratic pickup of 40-45 seats in the House, which fell about where the election ended up.
Lean Tossup - a foreign model from Canada. This model did relatively well in the 2019 Canadian election, but this appears to be the first time they've tried forecasting the US Presidential election. Also includes Senate and House projections.
Primary Model - Helmut Norpoth's model does not actually change with inputs anymore. The outcome it predicts, stated as a 91% chance for President Trump to win reelection, is premised entirely on the primary vote totals in the New Hampshire and South Carolina primaries from earlier this year. Despite being a bit of an outlier against other models, this one was among the only to forecast that then-candidate Donald Trump was a favorite to win election in 2016, and has been applied to correctly predict the winner of 5 of the past 6 presidential elections.

Prediction Markets

Prediction markets are betting markets where people put money on the line to estimate the likelihood of one party winning a seat or state. Most of these markets will also tend to move depending on polling and other socioeconomic factors in the same way that prognosticators and models will work. Predictit and Election Betting Odds are prominent in this space, although RealClearPolitics has an aggregate of other betting sites as well.

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General Election Polling Discussion Thread (August 30th, 2020)

Introduction

Polls

Election Predictions

Prognosticators

Polling Models

Prediction Markets

Michigan Projected to Be a Major Force in US Legal Sports Betting Industry

General Election Polling Discussion Thread (Aug 9, 2020)

Introduction

Polls

Election Predictions

Prognosticators

Polling Models

Prediction Markets

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