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CEO’s of DraftKings, FansUnite, Electronic Arts, Penn National Gaming Discuss New Opportunities & Digital Transformation of Gaming Entertainment

CEO’s of DraftKings, FansUnite, Electronic Arts, Penn National Gaming Discuss New Opportunities & Digital Transformation of Gaming Entertainment 2020-09-22Leave a comment

CEO’s of DraftKings, FansUnite, Digital Arts, Penn Nationwide Gaming Talk about New Alternatives & Digital Transformation of Gaming Leisure

NEW YORK, Sept. 22, 2020 (GLOBE NEWSWIRE) — Wall Avenue Reporter, the trusted title in monetary information since 1843, has revealed reviews on the newest feedback and insights from leaders at: DraftKings (NASDAQ: DKNG) FansUnite (OTC: FUNFF) (CSE: FANS) Digital Arts (NASDAQ: EA) Penn Nationwide Gaming (NASDAQ: PENN).

Accelerating Digital Transformation is creating new alternatives within the sports activities and e-sports betting, and digital gaming enterprise. E-sports is an exploding new gaming class, with international audiences which now exceed main reside sporting occasions. Wagering on e-sports is now a fast-growing multi-billion greenback international market. Wall Avenue Reporter highlights tech and gaming leaders feedback and insights from current earnings calls, which give insights into these new tendencies.

DraftKings Inc. (NASDAQ: DKNG), CEO Jason Robins: “Enormous Pent-up Demand for Sports activities Betting”
“..As sports activities have began to return, we noticed income enhance sequentially every month within the quarter, with June income growing 20% year-over-year on a professional forma foundation. This robust general outcomes and enchancment are because of our product innovation, our entry into new jurisdiction, and pent-up demand for sports activities betting as Reside Sports activities like Golf, European Soccer, NASCAR and UFC began to return. Within the first two weeks of MLBs return, we noticed 3 times the deal with in comparison with the primary two weeks of the 2019 MLB season. Within the first week of the NHL’s return, our deal with is greater than twice the deal with of first week of 2019 NHL playoff….”

“…We’re seeing nice momentum throughout a number of states and proceed to work to carry authorized sports activities betting to extra People….DraftKings is now reside in 9 states for cell sports activities betting and in three states for iGaming… We’re lasered in on coming into new states as quickly as doable.”

“..We considerably expanded our eSports providing and have seen exponential development on this class. We added well-liked Madden simulated video games and started to incorporate streaming sports activities inside our app, which has turn into a very talked-about function. In actual fact, because the return of the NHL, the NBA, and Main League Baseball, customers have continued to interact with eSports, which provides us confidence in that product’s future….We consider eSports goes to be an enormous class – it is when not if…we consider in the end eSports betting shall be if not the most important, actually one of many largest classes of sports activities betting over the long-term.”
DraftKings (NASDAQ: DKNG) Earnings Name Highlights: https://bit.ly/2Hg4wcV

FansUnite (OTC: FUNFF) (CSE: FANS) “Bringing E-Sports activities Betting to Multi-Billion Greenback US Markets”
FansUnite (OTC: FUNFF) (CSE: FANS) is a current presenter at Wall Avenue Reporter’s “Subsequent Tremendous Inventory” livestream investor occasions. FUNFF CEO Scott Burton and President Darius Eghdami, shared with investor audiences their purpose for making FUNFF a significant participant within the multi-billion greenback international marketplace for iGaming, Esports, and sports activities betting.
Watch FansUnite (OTC: FUNFF) NEXT SUPER STOCK livestream: https://bit.ly/2HksfJ3

E-Sports activities betting is an exploding international market, with tens of millions of gamers now actively betting on video games like: Counter-Strike, Dota 2, and League of Legends, Overwatch, Name of Obligation, iRacing and others. FUNFF presents a whole iGaming platform “Chameleon Gaming Platform” which mixes, sports activities, e-sports, and iGaming, geared to the following era of on-line bettors and on line casino gamers – which permits pre-match betting, in-play betting, every day fantasy, content material and an authorized RNG to supply on line casino type probability video games. FUNFF operates a number of B2C on-line gaming manufacturers and likewise licenses B2B software program for the web playing business. FUNFF is now quickly increasing in worldwide markets with it’s personal esports/igaming merchandise – in addition to white label options which provide progressive new video games for established on-line gaming operators.

Now, FUNFF is coming into the U.S. market by providing E-Sports activities betting options to on line casino sportsbooks, in partnership with GameCo, a Las Vegas primarily based pioneer in talent primarily based iGaming merchandise. E-sports betting is very engaging for on line casino operators, because it brings in youthful gamers – a key demographic casinos are relying on. GameCo has gaming licenses in about 25 jurisdictions together with, New Jersey and Nevada, and this partnership settlement will give FUNFF early mover benefit within the U.S. E-sports &iGaming market. “E-sports is a key part to any conventional sportsbooks future betting providing. This partnership with GameCo is a big inflection level for FansUnite and accelerates our plans to enter the US market by at the very least 6-12 months.”, famous CEO Scott Burton.
Watch FansUnite (OTC: FUNFF) NEXT SUPER STOCK livestream: https://bit.ly/2HksfJ3

September 9 – FUNFF reviews 412% enhance in year-over-year gross Gaming Income, at it’s “McBookie” B2C platform which operates in Scotland.

August 22 – FUNFF pronounces on-line gaming pioneer James Keane, is becoming a member of it’s Board of Administrators. James Keane is a pioneer within the on-line gaming area and was a key member of the ParadisePoker.com founding crew in 2001. James helped develop Paradise into one of many high 3 poker websites on the earth and oversaw its acquisition by Sportingbet.
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Digital Arts Inc. (NASDAQ: EA) Andrew Wilson, CEO: “Urge for food for E-Sports activities Insatiable”

“..Esports TV broadcast hours in U.S. in April have been up 250% over final 12 months. And April alone was 30% greater than all of calendar 12 months 2019. So, we’re seeing super engagement within the unbelievable creativity and innovation that our groups are delivering…we’ve been capable of ship a whole bunch and a whole bunch of hours of esports content material utterly remotely with hosts, broadcasters, gamers and followers all safely at house. I consider this may speed up our skill to develop and ship superb esports content material to a worldwide viewers and proceed to satisfy the insatiable urge for food that’s completely there that we’re seeing proper now.”

“EA SPORTS is a pillar of our portfolio and continues to carry extra gamers collectively. FIFA is without doubt one of the largest and most partaking leisure franchises on the earth. With roughly 100 million gamers partaking globally in our FIFA franchise, greater than 25 million distinctive gamers have joined FIFA 20 to date, with VOLTA opening up a completely new dimension to the sport, and FIFA Final Staff persevering with to develop as the preferred mode. FIFA On-line in Asia additionally continues its momentum, considerably outperforming our expectations. Madden NFL is a cultural icon in soccer, gaming and leisure, and it simply had its largest 12 months ever. We took a brand new strategy to launching and rolling out new modes of play in Madden NFL 20, and the end result was the best engagement ranges in franchise historical past….Apex Legends was essentially the most downloaded free-to-play sport on PS4 in 2019, and continues to develop as an progressive, long-term service for gamers. Our Apex esports tournaments have generated roughly two occasions the common viewing viewers of different high esports leagues.“

“Seeking to FY21, we’re rising our portfolio of high-quality and progressive new video games. We’re planning to launch 14 new titles to gamers this fiscal 12 months. That features 4 new EA SPORTS titles, FIFA, Madden, NHL and yet another unannounced sports activities title, all of which ship on the combo of creativity, authenticity and high quality that units EA SPORTS aside. EA SPORTS will even lead for us on the next-generation consoles this 12 months….”

“Our skill to satisfy necessary motivations for gamers, inspiration, escape, social connection, competitors, creation, and studying has introduced extra folks to attach and spend time in our video games within the current weeks and months of COVID-19 stay-at-home orders. We’ve seen video games be a supply of pleasure for a whole bunch of tens of millions of gamers. We’ll now look to be delivering for these gamers for a very long time to come back…Our focus continues to be on delivering nice video games and content material by means of the breadth and depth of our portfolio, in our ongoing reside providers, and by connecting extra gamers by means of our video games through extra distribution channels and platforms.”

EA Earnings Name Highlights: https://bit.ly/3cjRVRp

Penn Nationwide Gaming, Inc. (NASDAQ: PENN) CEO, Jay Snowden: “Positioned to Thrive with Barstool Sports activities & Digital Transformation of Gaming”

“…we’re most excited concerning the potential for vital long-term development and worth creation by means of our extremely differentiated omnichannel technique. To that finish, we stay up for the launch of our Barstool Sportsbook cell app in September right here in Pennsylvania. We predict Barstool’s loyal followers and our current on line casino visitors will greet not like something out there at present…our Hollywood branded actual cash iCasino product in Pennsylvania continues to develop properly even after the reopening of our casinos the final couple of months, with a significant portion of our revenues coming from our inactive database. Our confirmed skill to transform our on line casino database along with our partnership with Barstool Sports activities will present vital natural buyer acquisition and cross-sell alternatives. In sum, we consider we’re extraordinarily effectively positioned to seize an outsized share of the rising US sports activities betting and iCasino market…Regardless of the continued uncertainties with this pandemic, we’re extraordinarily excited for the long run and consider all of the seeds we planted all through 2020 will present a robust basis for brand new development and alternative forward.”

“…we have taken our time to launch Barstool as a result of we’re launching a really aggressive product with issues like touring pockets. I feel our wager flip expertise is second to none, the intuitiveness of how one can use the app and importantly the unique betting choices is de facto the differentiation that we will I feel be capable to ship, it should get higher over time, however even day one and I’m not going to get an excessive amount of element right here as a result of we’re but to see it once we launch it. You are going to see numerous alternatives to interact with Dave Portnoy and Huge Cat and Brandon Walker and Marty Mush and lots of others at Barstool if you’d like wager with them otherwise you wish to wager in opposition to them, if you wish to save their bets. These are issues we’re going to have the ability to do day one and I feel you need to think about that the content material and the branding integration into our app with Barstool is simply going to get higher and higher and higher each time we do a model launch and we predict that we’ll be to do a brand new model launch in all probability each six weeks after we launch, so I am enthusiastic about the whole lot…”

Penn (NASDAQ: PENN) Earnings Name Highlights: https://bit.ly/3iR2rlV

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