Tag: sports
-
Top 5 stock gainers and losers: ELMT.C, HSLV.C, PLRB.V
In this summary report, we will take a quick look at the top 5 gainers and losers up or down double digits on the Canadian stock markets. Here is a summary of the intraday action of assets: Top 5 Gainers Element Nutritional Sciences (ELMT.C) Market Cap ~ $6.8 million Element Nutritional Sciences employs plant-based technology…
-
Buy a piece of a UK football team – like we did!
Regular readers will know we got a little bored during covid last year and decided, what the hell, maybe if we called up a bunch of UK football teams, one of them would let us buy in. Profit motive wasn’t really the thing, more a chance to get on a board and have some fun…
-
Fans Unite Scouting Report
That’s right, a scouting report for Fans Unite (FANS.C), not a deep dive. That’s because I’m literally a sports writer not a financial analyst. Yet in doing traditional generic due diligence, I’ve learned quite a bit about this E-Sports, gambling, and gaming company and figured I’d share what I know. Just in the past few…
-
i3 Interactive Inc. (BETS.C) Set to Acquires Remaining Equity of LivePools
i3 Interactive Inc. (BETS.C) announced today that it has entered into an agreement to acquire the remaining equity in Mumbai-based LivePools Private Limited, a skill-based fantasy sports platform. The Company initially announced on January 25, 2021, that it had closed the first of three tranches of its previously announced acquisition of LivePools for USD$1,400,000. “We…
-
Interactive Games Technologies (BETS.C): The door is opening, and not just in North America
Adopting a sin as an acceptable, taxable business is slow going. From the moment our government overlords decide to un-ban a thing, it takes often years, even decades, to move through the many stages of evolution before it can become fully embraced by society. Take booze as an example. In the 1930’s, coming out of…
-
FansUnite (FANS.C) spikes 23% as single-game sports betting laws advance in Canada
The Canadian Gaming Association estimates that in 2020 $15 billion was bet on sports in Canada, of which only $450 million (3%) was done legally.
-
Victory Square (VST.C) & FansUnite (FANS.C): the difference between U.S. and Canadian V.C. culture
A recent article in The New Yorker, savagely attacked American Venture Capital (V.C.) culture – focusing on the billions of dollars wasted on WeWork’s bullshit business model. The CEO of WeWork (an office-share company) was a self-aggrandizing, charismatic, pot-smoker named Adam Neumann who destroyed competitors by charging unsustainably low office rental rates. The V.C companies…
-
The rise of FansUnite (FANS.C) is a profit superspreader event
If you’ve been close to a company as it’s gone public, you’ll have no doubt experienced the issue for yourself: Someone, somewhere, who got in early and cheaply decides to break ranks with the other founders and deal guys, and dumps their shares the first chance they get. There are several problems with this, not…