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Analyst Articles

Big Waiver Wire Moves Ahead? DraftKings Issues $1.27B Convertible Notes

April 9, 2021 Michael Lacasse

DraftKings’ top line grew by 90% in 2020 while generating $844 million in losses. Raising over a billion in debt and looking forward to a stable sports schedule, is DraftKings poised to have a breakout season? Time will tell if DraftKings will be a steal or a bust. [more]

Analyst Articles

Crypto Update – Bitcoin tops $1T, New Bitcoin ETFs, and Tesla to Accept Bitcoin

March 18, 2021 Michael Lacasse

Bitcoin’s value has doubled in 2021, reaching a market capitalization of more than$1 trillion. New Bitcoin ETFs have emerged and are now worth over $1B with firms, such as Tesla, buying bitcoin stockpiles in preparation for use as payment. [more]

Analyst Articles

2021 PGC Conference – Trends in the Gaming Industry

February 13, 2021 Michael Lacasse

Pocket Gamer Connects conference discusses the market growth in 2020, an uptick in M&A activity, and how revenue models are changing the industry. [more]

Roblox IPO
Analyst Articles

After Latest $520M VC Raise, Roblox Sets Site on Public Listing in February

February 3, 2021 Michael Lacasse

Roblox, an online game platform, filed an amended prospectus in preparation for a direct listing on the NYSE in February, under the ticker “RBLX”. The latest financing values the Company at $29.5B, making Roblox one of the most valuable private companies. [more]

Analyst Articles

Video Games and Esports Update – Playtika IPO’s on the NASDAQ, Engine Media Raises $25M, and Roblox Plans a Direct Listing on NYSE

January 28, 2021 Jay Yi

The video game and esports industry is experiencing high growth as multiple companies list publicly and raise capital. In addition, the number of users playing video games has surged as consumers stayed home due to the COVID-19 lockdowns. [more]

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Analyst Articles

Crypto Update – Jefferies Buys Bitcoin, China Introduces Digital Yuan, and MOGO Invests in Bitcoin

January 20, 2021 Jay Yi

Cryptocurrencies have regained market interest as Bitcoin reached an all-time-high price of $41,940 per BTC at the beginning of this year. As digital currencies experience stronger adoption, more capital is flowing into investments related to crypto. [more]

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Analyst Articles

Fandifi to Mint Non-Fungible Tokens for Esports Fan Rewards

January 17, 2021 Chris Thompson

Last week, Fandom Sports Media announced plans to undertake the development of Non-Fungible Tokens (“NFTs”) to reward esports fans on its All-Age Prediction Platform. [more]

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Analyst Articles

Cryptocurrency Update – Bitcoin Solutions Set to go Public, DGC Acquires Luno, and Grayscale Bitcoin Trust Receives Funds from 20 Investors

September 8, 2020 Jay Yi

This past quarter, the cryptocurrency industry experienced high M&A and capital markets activity, as digital asset funds become more regulated and cryptocurrency exchanges facilitate greater adoption of digital assets. [more]

Analyst Articles

eSports Betting Industry Update as Capital Markets Activity Increases & Companies Innovate to Grab Market Share

June 24, 2020 Jay Yi

The eSports betting industry is experiencing heightened activity as companies vie for market share, innovate with new software & platforms, and announce IPOs, financings, and M&A activities. [more]

Analyst Articles

2020 PGC Conference: Trends in the Gaming Industry

June 14, 2020 Jay Yi

In this past week’s PGC Conference, a key topic of discussion was the changing trends in the gaming industry, with speakers and keynote presentations from companies including Doppio Games, Gameloft, Headup, and Netmarble. [more]

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