Introduction
Casinos are exciting platforms where gambling takes place. Before the age of the internet, casinos were found mainly in physical buildings like malls or plazas. Today, however, we have both physical casinos and online or virtual casinos. People visit casinos to gamble and make money using their skills and a great deal of luck. In this post, I’m going to discuss why online casinos are the best using King Casino as a point of reference.

Perks of Online Casinos

Accessibility
Although casinos situated at physical locations have their advantages, for instance, they are classy and attractive with the colorful displays and the lights, most of them still operate within specific working hours. This means there are times when you may not be able to access the casino. King Casino, on the other hand, is available at any time. Just go to the website, sign up and log in with your details at any time of the day. The platform is always open for you to access and play your favorite games.
Convenience
With your mobile devices, you can play casino games on King Casino wherever you may find yourself. You do not necessarily have to travel all the way down facing traffic and road risks just because you want to gamble. It is also very convenient for people who are new to casino games. Online casinos can help them out with free trial features that allow them to play freely till they understand how the games work.
Play against anyone from across the globe
King Casino’s live casino feature allows it’s users to virtually play several games against anyone from anywhere in the world. This is an amazing feature that allows users from anywhere to put their skills to test and win games against their counterparts. You need to be registered on the King Casino website before you can access this feature. The live casino works using a live streaming video feed that players have access to on their devices. Players can make wagers and bets using the interface on their dashboards. You can even enjoy a live chat option during play. There are different types of games that can be played when connected to the live casino feature but the most popular among them are the blackjack and roulette games. This is likely because both roulette and blackjack are quite easy to learn and newbies can easily understand the way they work.
More bonuses
One of the things you would notice in online casinos is the tendency to enjoy more bonuses on the platforms. This is something you would hardly get when you visit physical casinos. Its flexibility allows the platform administrators to distribute more bonuses to their users.
Less cost of operation
On the part of the online casino owner, they get to save on the costs of operating the platform when they run it online. Physical casino operators have to contend with rental payments as part of their operational costs along with several other bills like electricity and tax payments. This is one of the reasons why many businesses are switching to the online medium of operations. This allows them to spend more money on improving the quality of the platform.
In conclusion, I think new users and those who are planning to learn about how to play casino games will prefer to use Kings Casino. It has different games for players and the interface is very easy to use.
King Casino website
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King Casino is the world's first licensed decentralized online casino based on Blockchain technology.

King Casino is the world's first licensed decentralized online casino based on Blockchain technology. The use of this technology allows the founders of the project to conduct their activities legally, honestly and transparently. Also, the use of blockchain technology makes the platform safe for users. This is very important in our time, when there are a lot of dishonest Internet platforms. More than 1000 slot machines and all the most popular gambling games will be available to users on the platform.
The project has a large number of advantages, which can include the ability to earn income from the platform's profits. Holders of the project's internal tokens will get this opportunity. They will be able to receive up to 45% of the profit with the help of the project's partner program. Token holders will also receive dividends for each quarter.
The internal token of the platform will be based on the Ethereum blockchain. A total of 130 million coins will be issued of which 69.5 million will be allocated for sale. With an initial value of 1 KCT coin from 0.5 to 1 dollar, depending on the stage of a particular round. The development team also made a decision that allows them to once again stimulate the growth of the value of their coins by burning them quarterly. Each quarter, developers will burn up to 5% of their KCT tokens from all coins. This should have a positive effect on the growth of the coin's exchange rate.
More information you can find on these links:
WEBSITE: https://kct.kingcasino.io/
TELEGRAM: https://t.me/kingcasinogroup

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Do you know that the gaming industry is so popular that its turnover is growing by almost 14% every year ?! If not, read my article to the end to find out about the most interesting online gaming platform called KingCasino. But before I begin to introduce you to the world's first licensed cryptographic platform for online games, I want to talk about existing problems in this industry. Since, probably, many of you have already met with them more than once during your games.

Problems So it is no secret that the sphere of gambling is fraught with risks and other difficulties. Nevertheless, people annually prove the fact that this topic is extremely interesting for them, and given the current state of things in the world with a progressive coronavirus. Offline casino is slowly but surely coming to naught. That’s why now is the right time to dive deeper into the world of online games.
But, as I said, in its classical form, that is, not a decentralized version. The world of gambling is faced with a number of problems associated with illegality, dishonest winnings, problems with the withdrawal of winning funds and many other problems. Each of these problems in one way or another undermines the confidence of the player in such online services. Which, in turn, is extremely sad, because there are more reliable and high-quality resources that do not have all these shortcomings. And, as you already understood, our current project called KingCasino offers to break this vicious circle of existing problems.

About the project and its features. And this is not in vain, because KingCasino is the first licensed online casino in the world based on decentralized Blockchain technology. This, in turn, allows the entire KingCasino founding team to conduct their activities in front of their partners and players, not only legally, but also as reliable, transparent and secure as possible. And I want to tell you this, perhaps the most important indicators in our time.
However, the presence of a decentralized structure expressed in the Ethereum protocol is not the only feature of KingCasino. After all, his platform is ready to show each of us a collection of the most popular gambling, from blackjack to poker and more than 1000 high-quality slot machines.
advantages Honestly, in addition to fun, users can become part of the large KingCasino company by buying internal system tokens on their wallet. Thanks to this, according to the founders of the project, users will be able to get up to 45% of their profits by actively participating in an affiliate program available from KingCasino.
At the same time, all holders of internal tokens will receive an additional pleasant bonus, since they will receive so-called dividends on a quarterly basis for keeping KCT coins on their balance.
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AWbet is one of the most reputable online casinos in Malaysia. If you are an avid gambler, you surely have heard of this casino. If you are a new player and looking to find an online casino that is fair, secured and fraudless, look no further! AWbet is the place to go to.
The first reason to love AWbet is that it does not matter whether you are a new or seasoned player, small or big gambler, AWbet has tons of games suitable to your preferences. Games that you can casino online malaysia choose such as Sports Betting, Live Casino, Slots Games, Lottery, Poker Hold’em, Fish Hunter, Forex, and many more. Furthermore, AWbet is very active in providing discounts and promotions that giving you more rewards and satisfaction! If you are late to join the fun, you might miss the many promotion that AWbet has to offer.
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Last reason but not least, AWbet is the best online casino in Malaysia because they have a mobile app! With a mobile app, you can play blackjack, slots, sports betting or any other casino games anywhere you want. The graphics, connectivity and sound of the game is not disturbed even if you play on the mobile phone. This is because AWbet uses state-of-the-art technology for the best user experience.
It’s no wonder that AWbet is the greatest, most popular casino in Malaysia as well as the Asia Pacific region. If you think lady luck is on your side, AWbet is here to test it! You will surely love spending your time and money here. Do know where to stop and always gamble responsibly!

The #1 online casino company $RSI is primed for autism

Positions: $RSI 30 03/19 30C
Proof: https://imgur.com/a/swCCMjz

*This post is for informational purposes only, you should not construe any such information or other material as investment, financial, or other advice.*

TLDR: Rush Street Interactive ($RSI) is the #1 nationwide online casino company and the #3 or #4 sports book depending on the state. Short selling, unwarranted institutional wariness of share dilution and the general market focus on sports book instead of online casino has left $RSI grossly undervalued. A massive blow out at Q4 earnings will result in analyst upgrades and a rapid repricing by market makers and institutions seeking exposure to the emerging sector.

**Overview**
"Sports book is really just kind of a warm up in a lot of ways for an online casino where the real money is made" - Niccolo De Masi, CEO dMY technologies

Rush Street Interactive ($RSI) operates the BetRivers.com online casino and sports book. They are now fully licensed and operating in New Jersey, Pennsylvania, Michigan, Illinois, Indiana, Colorado, Iowa, and Virginia. They own and operate a casino in New York and already have a New York license making them well positioned for liberalization there. They merged with a dMY Technology Group SPAC on Dec. 31st 2020 with 240 million on the balance sheet to spend on growth.
The online casino business is fundamentally more profitable than sports betting because the average value of a casino player is estimated at $600 while a sports book player could be as little as $20. Estimates put the online casino market at DOUBLE the size of the online sports book market and the online casino industry is really just getting started as more states liberalize.
$RSI is expert at new market entry; they have been first to market in Pennsylvania, Illinois, Indiana, and Colorado and even when they aren't first they are capable of capturing market share in competitive markets such as New Jersey. They also have products which women play which accounts for at least half of the market in online casino. The female market is one that the pure sports book plays miss out on.
Also for some fucking reason they operate a casino and sports book in Colombia (rushbet.co) and may make large expansions into other parts of south America as legalization continues. This means they have the expertise necessary for global expansion in the future although the states remains their primary focus and growth driver.

**The Financials and Strategy**
Unlike other companies in the space Rush Street is already profitable in 2020 and has a strong focus on Return On Invested Capital (ROIC). Q3 gross revenue was $71.9 Million. Q4 revenue is going to be a blow out. Combing through state gambling revenue data and breaking that down by market share my estimate is that Q4 revenue could be as high as $120 Million.
Paired with this blow out will be a **guidance raise to $500 Million for 2021**, which is 2/3 of DraftKings 2021 guidance of $750M.
https://imgur.com/a/xkfcayC

What is striking when compared to $DKNG is that their advertising spend was only a quarter of revenue in Q3 while $DKNG spent 155% of their revenue. This will change as they begin to focus on growth, but it shows they are very good at getting return on ad spend. This company should actually be valued close to $DKNG based on growth potential once guidance is raised.
https://imgur.com/a/RQQXtGg

Their focus on attracting **female gamers** is also important to their long term growth potential. The sports book plays with cross sells to casino such as $DKNG will not be able to grow through the female demographic in the same way. **This cannot be understated** as one of the major strategic advantages of $RSI.
https://imgur.com/a/xzJj26n

As I said before I expect their trend of rapid growth to continue for Q4 earnings, certainly going to be a blow out based on looking at state gambling revenue numbers. My estimate is that their revenue will be around 110M for Q4. I also expect guidance to be raised to 500M for 2021 due to strong performance in existing markets and the recently opened Michigan market as well as their sports book launch in Virginia.
https://imgur.com/a/ckTqHhh

**Short sellers have entered the chat**
The short interest on $RSI sits at 5.08 M shares as of 01/14/21 representing a 30% increase. Now why would a company already valued at 2.8 Billion and with a comparative valuation of 8-10 Billion compared with $DKNG and $PENN be so heavily shorted at such a low market cap? My conclusion is that an institution with 10s of millions to throw at shorting this stock wants to take advantage of fear of share dilution from warrant calling or to establish a better entry prior to earnings.

**Commander in GILF Cathie Wood is Bullish on the sector**
On Feb. 2nd ARK disclosed that they had purchased 620,300 shares of $DKNG. This is extremely bullish for the sector. I am highly confident that after Q4 earnings ARK will be purchasing shares in $RSI as well due its strategic advantages relative to $DKNG and exposure to the female demographic. For such a small market cap company this will be a major catalyst.

**Institutions are bullish**
Fidelity has increased their holdings to 14% as of today: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001793659/8f10b0d8-a3d2-447c-bc75-87587d0a4670.pdf
Alliance Bernstein holds a 6% position reported today: http://d18rn0p25nwr6d.cloudfront.net/CIK-0001793659/e883778d-e759-4a85-91c1-3242ed110720.pdf

**Final notes**
Jerome "The Bus" Bettis, Steelers legend and hall of fame running back, is their brand ambassador... This company knows their target audience and how to appeal to them, likely more 'classic' ambassadors to come to attract even more boomer and Gen X degenerates. Keep in mind these are the gamblers with big money to spend, the average age of an online casino gambler is 42.
This stock has been grossly underpriced due to short selling. The terms of the SPAC deal were not unfavorable and all the insiders held their shares through the merger banking on growth in the market - **management owns 77% of the company**. This is a true value play on a well managed company in an emerging industry with a market size in the hundreds of billions. I plan to hold shares long term.

I will post a part 2 breaking down their latest S-1 filing and Q4 revenue by state when they release their Q4 earnings date.

Do your own research.
References:
https://www.legalsportsreport.com/sports-betting/revenue/
https://fintel.io/doc/sec-rush-street-interactive-inc-ex991-2021-january-05-18632-947
https://s26.q4cdn.com/794539746/files/doc_presentations/2020/RSI-Investor-Presentation-15-Oct-2020.pdf
https://ir.rushstreetinteractive.com/news/news-details/2020/RUSH-STREET-INTERACTIVE-ANNOUNCES-THIRD-QUARTER-2020-RESULTS-AND-RAISES-FULL-YEAR-GUIDANCE/default.aspx
https://www.youtube.com/watch?v=SQWEhWuPmzU
https://www.thestreet.com/investing/draftkings-surges-as-stake-bought-by-ark-next-generation

Positions: $RSI 30 03/19 30C
I will be adding 3/19 25cs each week until earnings.
Exit strategy: "What's an exit strategy?" - u/deepfuckingvalue

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The #1 online casino company $RSI is primed for ingress.

Positions: $RSI 03/19 30C
Proof: https://imgur.com/a/swCCMjz
This post is for informational purposes only, you should not construe any such information or other material as investment, financial, or other advice.
TLDR: Rush Street Interactive ($RSI) is the #1 nationwide online casino company and the #3 or #4 sports book depending on the state. Short selling, unwarranted institutional wariness of share dilution and the general market focus on sports book instead of online casino has left $RSI grossly undervalued. A massive blow out at Q4 earnings will result in analyst upgrades and a rapid repricing by market makers and institutions seeking exposure to the emerging sector.
Overview
"Sports book is really just kind of a warm up in a lot of ways for an online casino where the real money is made" - Niccolo De Masi, CEO dMY technologies
Rush Street Interactive ($RSI) operates the BetRivers.com online casino and sports book. They are now fully licensed and operating in New Jersey, Pennsylvania, Michigan, Illinois, Indiana, Colorado, Iowa, and Virginia. They own and operate a casino in New York and already have a New York license making them well positioned for liberalization there. They merged with a dMY Technology Group SPAC on Dec. 31st 2020 with 240 million on the balance sheet to spend on growth.
The online casino business is fundamentally more profitable than sports betting because the average value of a casino player is estimated at $600 while a sports book player could be as little as $20. Estimates put the online casino market at DOUBLE the size of the online sports book market and the online casino industry is really just getting started as more states liberalize.
$RSI is expert at new market entry; they have been first to market in Pennsylvania, Illinois, Indiana, and Colorado and even when they aren't first they are capable of capturing market share in competitive markets such as New Jersey. They also have products which women play which accounts for at least half of the market in online casino. The female market is one that the pure sports book plays miss out on.
Also for some fucking reason they operate a casino and sports book in Colombia (rushbet.co) and may make large expansions into other parts of south America as legalization continues. This means they have the expertise necessary for global expansion in the future although the states remains their primary focus and growth driver.
The Financials and Strategy
Unlike other companies in the space Rush Street is already profitable in 2020 and has a strong focus on Return On Invested Capital (ROIC). Q3 gross revenue was $71.9 Million. Q4 revenue is going to be a blow out. Combing through state gambling revenue data and breaking that down by market share my estimate is that Q4 revenue could be as high as $120 Million.
Paired with this blow out will be a **guidance raise to $500 Million for 2021**, which is 2/3 of DraftKings 2021 guidance of $750M.
https://imgur.com/a/xkfcayC
What is striking when compared to $DKNG is that their advertising spend was only a quarter of revenue in Q3 while $DKNG spent 155% of their revenue. This will change as they begin to focus on growth, but it shows they are very good at getting return on ad spend. This company should actually be valued close to $DKNG based on growth potential once guidance is raised.
https://imgur.com/a/RQQXtGg
Their focus on attracting **female gamers** is also important to their long term growth potential. The sports book plays with cross sells to casino such as $DKNG will not be able to grow through the female demographic in the same way. **This cannot be understated** as one of the major strategic advantages of $RSI.
https://imgur.com/a/xzJj26n
As I said before I expect their trend of rapid growth to continue for Q4 earnings, certainly going to be a blow out based on looking at state gambling revenue numbers. My estimate is that their revenue will be around 110M for Q4. I also expect guidance to be raised to 500M for 2021 due to strong performance in existing markets and the recently opened Michigan market as well as their sports book launch in Virginia.
https://imgur.com/a/ckTqHhh
Short sellers have entered the chat
The short interest on $RSI sits at 5.08 M shares as of 01/14/21 representing a 30% increase. Now why would a company already valued at 2.8 Billion and with a comparative valuation of 8-10 Billion compared with $DKNG and $PENN be so heavily shorted at such a low market cap? My conclusion is that an institution with 10s of millions to throw at shorting this stock wants to take advantage of fear of share dilution from warrant calling or to establish a better entry prior to earnings.
Cathie Wood is Bullish on the sector
On Feb. 2nd ARK disclosed that they had purchased 620,300 shares of $DKNG. This is extremely bullish for the sector. I am highly confident that after Q4 earnings ARK will be purchasing shares in $RSI as well due its strategic advantages relative to $DKNG and exposure to the female demographic. For such a small market cap company this will be a major catalyst.
Final notes
Jerome "The Bus" Bettis, Steelers legend and hall of fame running back, is their brand ambassador... This company knows their target audience and how to appeal to them, likely more 'classic' ambassadors to come to attract even more boomer and Gen X degenerates. Keep in mind these are the gamblers with big money to spend, the average age of an online casino gambler is 42.
This stock has been grossly underpriced due to short selling. The terms of the SPAC deal were not unfavorable and all the insiders held their shares through the merger banking on growth in the market - **management owns 77% of the company**. This is a true value play on a well managed company in an emerging industry with a market size in the hundreds of billions. I plan to hold shares long term.
I will post a part 2 breaking down their latest S-1 filing and Q4 revenue by state when they release their Q4 earnings date.
Do your own research.
References:
https://www.legalsportsreport.com/sports-betting/revenue/
https://fintel.io/doc/sec-rush-street-interactive-inc-ex991-2021-january-05-18632-947
https://s26.q4cdn.com/794539746/files/doc_presentations/2020/RSI-Investor-Presentation-15-Oct-2020.pdf
https://ir.rushstreetinteractive.com/news/news-details/2020/RUSH-STREET-INTERACTIVE-ANNOUNCES-THIRD-QUARTER-2020-RESULTS-AND-RAISES-FULL-YEAR-GUIDANCE/default.aspx
https://www.youtube.com/watch?v=SQWEhWuPmzU
https://www.thestreet.com/investing/draftkings-surges-as-stake-bought-by-ark-next-generation
Positions: $RSI 03/19 30C
I will be adding 3/19 25cs each week until earnings.
Exit strategy: "What's an exit strategy?" - u/deepfuckingvalue
Forgot to add: http://d18rn0p25nwr6d.cloudfront.net/CIK-0001793659/8f10b0d8-a3d2-447c-bc75-87587d0a4670.pdf Fidelity just doubled their position to almost 15%
Update 021221: Everyone that went in on my initial entry is down 40% right now. As I said I plan to continue to buy 03/19 25Cs each week until earnings. If you’re worried about further losses wait until the day before earnings to load up, you may miss a run up though.

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