The Perfect COVID playOnline gambling will continue to grow regardless of COVID but like many other sectors the general industry trend has been expedited because of COVID. Gamblers ain't gonna stop gambling and even with casinos opening over the coming months there will continue to be a large population of growth in the online markets.
Playgon/DFS. This is an actual difference maker in the field with live dealer technology. Management has had successful exits in the space before (i.e. Amaya gaming) and will do it again here. The founder of Playgon (Guedo) has countless connections in the industry and that will prove highly valuable as they start broaching operators to add their technology. If we get a second wave, which I think most of us expect to given what's going on in the US, it will even better position DFS to succeed.
Once these guys start acutally putting out news, the market will take notice. It's been pretty much silence since going public yet the stock ran up nicely. Smart money taking notice.
I've positioned myself here at $0.25 after speaking with management and doing some homework on the actual tech behind it. Look at names like Docusign and Zoom out of the US. Incredible share price appreciation because COVID has forever changed the way we work. It will also change the way people gamble.
I anticipate this thing going to $0.75-$1.00 over the next few months when the market takes notice.