eSports & Gaming Archives

Electronic Brain - The Second Wave of the AI Chip Boom

A Way to Invest in the Second Wave of the AI Chip Boom

November 7, 2023 Lorimer Wilson

Nvidia’s stock surge underscores the AI chip industry’s evolution, with a pivot towards specialized AI applications. This shift highlights the importance of Electronic Design Automation (EDA) software in developing custom AI chips. As the EDA market anticipates robust growth, companies like Synopsys and Cadence emerge as key players. Investors are eyeing valuation metrics closely, as these tools become critical in assessing the burgeoning sector’s financial health and growth potential. [more]

Are NVIDIA’s Long-term Prospects Mediocre At Best?

November 4, 2023 Lorimer Wilson

NVIDIA has cemented its status as a leader in AI technology, with a 208% YTD stock price increase and a market cap surpassing $1 trillion. Its innovative CPUs and GPUs has positioned it at the forefront of AI chip design, evidenced by its quantum computing advancements and the cuQuantum toolkit. However, the Company’s success story is shadowed by the historical volatility of market leaders and looming competition. With a forward PE ratio of 45.4 and an EV/EBITDA of 38.2, NVIDIA’s valuation metrics reflect a market betting heavily on its continued dominance in AI, despite the inherent risks of overvaluation and aggressive competition. [more]

Playtika Deals Building Portfolio as Quarterly Revenue Declines Reflect Changing Gaming Market

September 17, 2023 Chris Thompson

Playtika announced an agreement to acquire Innplay Labs, an Israel-based mobile gaming studio for up to US$300 million after recently acquiring the Youda Games portfolio from Azerion Group. However, the company’s Q2 decline in revenue and guidance could highlight a challenging mobile gaming environment. [more]

Unlocking Real-World Performance in Home Wi-Fi with Edgewater’s Spectrum Slicing Technology

Liberty Global Endorses Edgewater’s Technology to Improve Home Wi-Fi

April 3, 2023 Chris Thompson

In a recent webinar, Edgewater Wireless and Liberty Global discussed the challenges of congested Wi-Fi networks and how broadband operators can improve real-world performance and increase user capacity with Edgewater’s patented “spectrum slicing” technology. [more]

Fandifi Set to Launch NFT Marketplace Including Gamification and Rewards

March 30, 2022 Chris Thompson

Fandom Sports Media, a Vancouver-based gaming and entertainment company, is all set to launch its all-ages gamification platform that will reward fan engagement through Fandom Sports’ recently launched NFT marketplace (www.Fandomart.com) where fans can mint, buy, sell, trade, and store their NFTs. [more]

Penn National to Acquire Score Media and Gaming for $2.0B

August 15, 2021 Israel Pinheiro

In a cash and stock transaction, Penn National to acquire Score Media and Gaming for $2.0 billion. The deal creates a leading digital sports content, gaming, and technology company in North America. [more]

Fandifi Releases Wagering and Actionable Predictions Across Entire Esports Platform as “Peer Analysis” Report Illustrates Its Upside Potential

June 23, 2021 Chris Thompson

Last week, Fandom Sports released odds-line wagering across the entire Fandom Sports platform that includes game titles such as Call of Duty, FIFA, and Overwatch. This new functionality is in addition to the peer-to-peer wagering and actionable predictions features released earlier this month. Fandom Sports’ recently published “Gaming Industry & Peer Analysis” report highlights the Esports industry and growth, and a peer comparison shows Fandom Sports’ upside potential. [more]

Supercell’s €150M Deal with Metacore Bodes Well for Kuuhubb Valuation

May 12, 2021 Chris Thompson

Existing investor Supercell lends Helsinki developer Metacore €150 ($180) million to scale its mobile puzzle game Merge Mansion, currently booking revenue at an annualized rate of over $50 million. Gaming industry investment and M&A hit record levels in 2020 and continues to be strong in 2021. [more]

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]

theScore Places Million Dollar Wager on Sports Betting to Win

March 12, 2021 Michael Lacasse

Score Media and Gaming listed on the NASDAQ and raised $162M to fund its foray into sports betting. As an emerging sector, sports betting has almost doubled in value over the past year. The global sports betting market topped $200B billion in 2020 and growing at almost 10% a year. Investment returns could outstrip revenue gains as the fragmented industry consolidates. [more]