RE:RE:RE:RE:RE:Thoughts on SCR e-sports divisionThat's exactly what should happen since in the corporate action world this is called a spin-off, demerger or a separation, whereas a separate entity is carved out so the focus can be shifted to each company. So this would mean John would handle the betting and app, while Benji manages the esports. The only concern would be the initial cost of doing this, but it's totally worth it and the esports would be considered gravy and a hedge against what is currently happening. And, it would make sense that this would happen soon since esports is hot, been so for a year and a half, and they've probably would have absorbed the initial cost of setting up the betting since that and the separation done at same time would look ugly on the financials. Good catch Ham on the esports jobs, glad to see this.
MichaelRyan2 wrote: Bangkokboy wrote: Because esports is taking off, and even more so because of what's going on since it's pretty much online based. Why are we not moving like the others? I would confidently say that many are unaware, even holders of the stock, that we're even into this space. IMO, I feel this is too much for the company to handle since resources are being put towards the betting side, rightfully so, but this is buried and it's a shame.
You are 100% correct bangkokboy and thats exactly why I expect, once we grow a bit bigger, and sports betting finally starts to prove profitable, Levy will spin off Esports division as a seperate ticker all together is my thinking...
This would also allow the esports sector to reach it maximum potential and evaluation while making it easier to sell Score media and gaming as a "sports betting app" as potential buyer may not give a $hit about esports side of things. Just my wild outrageous thinking into the future rant haha