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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 04/16 25cs each week until earnings. Exit strategy: "What's an exit strategy?" - u/deepfuckingvalue Update 021321: IMPORTANT after a commenter pointed out that technically they could report as late as April 2nd I AM RECOMMENDING THAT EVERYONE ROLL OUT TO APRIL 16TH 35Cs
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 04/16 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. Update 021321: IMPORTANT after a commenter pointed out that technically they could report as late as April 2nd I AM RECOMMENDING THAT EVERYONE ROLL OUT TO APRIL 16TH 35Cs
Sports betting in times of Corona. Here is your ticket to the moon. The next DKNG.
I'm basically quoting u/coinforce here. I discovered this gem, because of him and am already 14% plus since I bought. Thanks mate. Alright nerds, gather round and listen closely. I've graduated to pennystocks chasing these juicy tendies while serving as an autistic prophet delivering good news to the retards and gambling degenerates in that sub. "Alrightu/Sweet-Zookepergamehurry the fuck up and give us the ticker you pumper" This ain't a pump. When I see the next golden ticket, I know when to enter with conviction and realize profits while some of you nerds decide to bag hold XSPA and downvote comments to make yourselves feel better.
Score Media and Gaming Inc. (TSE: SCR) (OTCMKTS: TSCRF)
What the fuck is this? Score Media and Gaming Inc. empowers millions of sports fans through its digital media and sports betting products. Its media app 'theScore' is one of the most popular in North America, delivering fans highly-personalized live scores, news, stats, and betting information from their favorite teams, leagues, and players. The Company's sports betting app 'theScore Bet' delivers an immersive and holistic mobile sports betting experience and is currently available to place wagers in New Jersey, Color. Key words for you nerds who can't read and have ADHD: SPORTS BETTING It's already common knowledge sports betting is already big in the North American market - and will continue to generate tons of revenue as states continue to legalize sports betting. Canada is following suit. Legislations will be passed Q1 2021 and we're soon going to see an influx of CANADIAN online betting. Basically all of Canada uses this app exclusively for sports.
10M+ downloads on their sports media app with 4.7 stars on Google play store
#1 sports app in Canada (#2 behind ESPN in the US) with 10% of Ontario's entire population that uses it
theScore successfully began the multi-state expansion of its mobile sportsbook, theScore Bet, launching in both Colorado and Indiana in September
theScore Bet secured market access to operate an online casino in New Jersey via a multi-year agreement with Twin River Worldwide Holdings Inc.
Recently closed its bought deal offering yesterday, issuing 28.6mm shares at $1.40/sharefor gross proceeds of $40mm.
Total views of theScore esports’ video content across all platforms reached a new all-time quarterly record of 292 million in Q4 F2020, year-over-year growth of 243%.
Strong fucking balance sheet = increased flexibility for upfront investments in new markets (e.g., market access fees, infrastructure, etc.)
theScore is competitively advantaged in Canada, vs. foreign operators, as a homegrown player with a strong brand, which we believe will afford it preferential treatment by regulators with early market access, thus paving the way for early market share gains
theScore esports just recently has been named the exclusive English language broadcast partner for the League of Legends’ Demacia Championship, a marquee annual event featuring 24 of China’s top esports teams.
🚀 Let's take a look at DKNG and PENN this year 🚀 🚀 Share prices for these companies have gone up 300% already this year alone, and with more legalization coming through 2021, theScore is just beginning to scratch the surface and will follow suit. 🚀 TIMING: As vaccines begin to be distributed and the economy recovers, states are desperate for revenue and will be looking to ease regulations on sports betting. The more Sport games start promoting and reopening, the more these stocks will gain (especially with March Madness, NBA/NHL playoffs, etc.) ----------------------------------------------------------------------------------------------------------------------------- 🚀 Listen - I'm literally handing you a platter of gold here. If you understand this market, the trends and where actual revenues can be generated - then you understand the play here. Canada is UNTAPPED. This thing will pick up steam soon and will graduate from TSX/OTC and can be easily listed on the NASDAQ. Once that happens, Robinhood will have access and the sky is the limit. I'm not here pumping a fucking non-revenue generating, fuelled by hype only, and a company within an industry that I don't fucking understand. ------------------------------------------------------------------------------------------------------------------------------- TLDR: BUY AND GET IN NOW. Clearly, I'm on Interstellar's Endurance spaceship with TARS and CASE about to enter a wormhole that'll slingshot me into another galaxy... while most of you nerds are fighting to get on wooden sail boats. At the same time, I'm from the future telling Murphy Cooper (you nerds) how to find the tendies. MURPHY'S LAW: WHATEVER CAN HAPPEN, WILL HAPPEN. EDIT: FORGOT THESE 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 ++++++++++++++++++++++++++++++++++
TEKK - Tekkorp Digital Acquisition Corp: Who's Who of Gaming Mgmt Teams!
Team has been involved in a substantial number of the digital media, sports, entertainment, leisure and gaming industries’ most significant merger and acquisition transactions, holding key positions at, and transacting with Scientific Games Corp, Inspired Gaming Group, FOX Bets, Ocean Casino Resort, Resorts International Holdings, PokerStars, DraftKings, Mohegan Sun, Caesars Entertainment Corporation, Harrah’s Entertainment,Tropicana Entertainment, Inc., TSG/Sky Betting & Gaming, Facebook, Inc, Wynn Resorts, Dubai World/MGM Resorts Here's all the Bios. These guys are stellar! TEKK closed at $10.30 today. Still cheap! If you don't like to read... you don't like to make money!!!! ---------------------------------------------------------------------------------------- Matthew Davey — Chief Executive Officer and Director Mr. Davey has over 25 years of experience within the digital media, sports, entertainment, leisure and gaming ecosystems, as well as experience in the public sector. He is an experienced public company executive officer and board member. He has served in executive management positions across the gaming technology arena. Over the course of Mr. Davey’s career, he oversaw more than ten mergers and acquisitions and over $1.2 billion in debt and equity capital raised to support the companies he has led. Most recently, Mr. Davey was Chief Executive Officer of SG Digital, the Digital Division of Scientific Games Corp. (“Scientific Games”) (Nasdaq: SGMS). SG Digital was established following the purchase by Scientific Games of NYX Gaming Group Limited (“NYX”) (formerly TSXV: NYX), where Mr. Davey served as Chief Executive Officer and Director. The NYX acquisition provided Scientific Games with a vehicle to significantly accelerate the scale and breadth of its existing digital gaming business, including the strategic expansion into sports betting. In his capacity as Chief Executive Officer of NYX, Mr. Davey developed and implemented a corporate strategy that generated strong revenue growth. Mr. Davey shaped company strategy to focus on digital gaming supplier platforms and content that provided various gaming operators with the underlying gaming and sports betting systems for their online gaming business. In 2014, Mr. Davey oversaw the initial public offering of NYX, and his experience in the digital media, sports, entertainment, leisure and gaming industries helped NYX recognize momentum as a public company. After the public offering, from 2014 to 2018, Mr. Davey oversaw seven acquisitions which helped establish NYX as one of the fastest growing global B2B real-money digital gaming and sports betting platforms. These acquisitions included: • OpenBet: In 2016, NYX completed the $385 million acquisition of OpenBet. This was one of the more complex and transformative acquisitions that Mr. Davey oversaw at NYX. Through securing co-investments from William Hill (LSE: WMH), Sky Betting & Gaming and The Stars Group (formerly Nasdaq: TSG, TSX: TSGI), Mr. Davey was able to get the acquisition from Vitruvian Partners completed successfully, winning the deal against much larger and well capitalized competitors. By combining two established and proven B2B betting and gaming suppliers, NYX was well positioned to provide customers with exciting player-driven solutions across all major product verticals and distribution channels. This allowed NYX to become the leading B2B omni-channel sportsbook platform in the market and the supplier to over 300 gaming operators globally with an extensive library of desktop and mobile game titles, including more than 700 on NYX platforms and more than 2,000 on the OpenBet platform. • Cryptologic/Chartwell: In 2015, NYX completed the $119 million acquisition of Cryptologic and Chartwell. The acquisition provided NYX with more than 400 titles of additional leading gaming content, a broader customer base, and direct exposure to PokerStars and Intercasino, part of the Gamesys Group (LSE: GYS) — two of the world’s largest online casino offerings. • OnGame: In 2014, NYX completed the distressed acquisition of OnGame, a premier poker content, platform and service provider. This acquisition provided NYX with one of the best poker products in the industry, access to several regulated jurisdictions, and a valuable talent pool that was instrumental in the growth of NYX. The addition of OnGame further established a path for NYX to continue its growth in both European and U.S. markets. These acquisitions, together with meaningful organic growth, increased NYX’s revenue from $24 million in 2014 to $184 million annualized in 2017. During that time, Mr. Davey helped build NYX to have over 200 customers in the global gaming industry and a team of 1,000 employees. Mr. Davey’s success at NYX ultimately led to its sale to Scientific Games for $631 million in 2018. Mr. Davey joined Next Gen Gaming, the predecessor to NYX, in 2000 as the Vice President of Technology, was appointed as Executive Director in 2003 and named Chief Executive Officer in 2005. Prior to that, he was the Senior Consultant for Access Systems, a company that specializes in the provision of back-end software for licensed online casinos. Prior to joining Access, Mr. Davey worked for the Northern Territory Government specializing in matters pertaining to the internet and e-commerce along with roles in the Department of Racing and Gaming. Mr. Davey received a Bachelor of Electrical & Electronic Engineering from Northern Territory University, Australia (also known as Charles Darwin University). Robin Chhabra — President Mr. Chhabra has been at the forefront of corporate acquisition activity within the digital gaming landscape for over a decade. His prior experience includes leading corporate strategy, M&A, and business development at two of the global leaders in the digital gaming industry, The Stars Group (“TSG”) and William Hill, and a leading supplier, Inspired Gaming Group (Nasdaq: INSE). Mr. Chhabra served on the Group Executive Committees of each of these companies. From 2017 to May 2020, Mr. Chhabra served as Chief Corporate Development Officer at TSG and, from 2019 to August 2020, he also served as the Chief Executive Officer of Fox Bet, a leading U.S. online gaming business which is the product of a landmark partnership between TSG and FOX Sports, a transaction which he led. During that period, Mr. Chhabra led several transactions which transformed TSG into the largest publicly listed online gambling operator in the world by both revenue and market capitalization and one of the most diversified from a product and geographic perspective with revenues of over $2.5 billion. Mr. Chhabra’s M&A experience is extensive and covers multiple global geographies across the digital gaming value chain and includes the following: • TSG/Flutter Entertainment Merger: In 2019, Mr. Chhabra led the TSG M&A team that was responsible for TSG’s $12.2 billion merger with Flutter Entertainment (LSE: FLTR). The merger between TSG and Flutter Entertainment is the largest transaction in the digital gaming industry to date. The combination created the largest publicly listed online gaming company with approximately 13 million active customers and leading product offerings, which include sports betting, online casino, fantasy sports and poker. The combined entity includes some of the world’s most iconic digital gaming brands such as Fanduel, Fox Bet, Sky Bet, PaddyPower, Betfair, PokerStars and SportsBet. TSG/Flutter Entertainment is one of the most geographically diverse digital gaming and media companies with leading positions in the United States, United Kingdom, Australia, Ireland, Italy, Spain, Germany and Georgia. • TSG/Sky Betting and Gaming (“SBG”): In 2018, Mr. Chhabra led the acquisition of SBG from CVC Capital Partners and Sky plc, Europe’s largest media company, in a transaction valued at $4.7 billion. At the time of the acquisition SBG was the largest mobile gambling operator in the United Kingdom and one of the fastest growing of the major operators having doubled its online market share in three years. The acquisition of SBG provided TSG with (a) greater revenue diversification, significantly enhanced expertise and exposure to sports betting just ahead of the judicial overturn of The Professional and Amateur Sports Protection Act of 1992 (PASPA) by the U.S. Supreme Court, (b) a leading position within the United Kingdom, the world’s largest regulated online gaming market, (c) improved products and technology as a result of the addition of SBG’s innovative casino and sports book offerings and a portfolio of popular mobile apps, and (d) expertise in deeply integrating sports betting with leading sports media companies, positioning TSG to create more engaging content, deliver faster growth and decrease customer acquisition costs. • William Hill (LSE: WMH): At William Hill, from 2010 to 2017, Mr. Chhabra served as Group Director of Strategy and Corporate Development where he led several transactions which contributed to William Hill’s transformation from a land-based gambling operator in the United Kingdom to a leading online-led international business. Mr. Chhabra led William Hill’s entry into the U.S. sports betting and online lottery markets with the acquisition of four businesses, including the simultaneous acquisitions of three U.S. sportsbooks, Cal Neva, American Wagering and Brandywine Bookmaking, in 2011 for an aggregate purchase price of $55 million. These businesses ultimately led William Hill to achieve a leading position in the U.S. sports betting market with a market share of 24% in 2019. Additionally, Mr. Chhabra played a key role in structuring William Hill’s successful joint venture with PlayTech Plc (LSE: PTEC) in 2008. The combined entity created one of the largest online gambling businesses in Europe at the time of its formation and led to William Hill’s buyout of Playtech’s interest for $637 million in 2013. Prior to the transaction, William Hill had struggled in its attempt to establish a strong online gaming platform and a meaningful presence outside the United Kingdom. Mr. Chhabra has also successfully completed four transactions worth over $1.2 billion in Australia, the world’s second largest regulated online gambling market, and various partnerships in Asia. Additionally, he completed several technology and media related transactions, including William Hill’s investment in NYX, where he worked with Mr. Davey on NYX’s transformational acquisition of OpenBet. Prior to working in the gaming sector, Mr. Chhabra was an equities analyst and a management consultant. Mr. Chhabra received a Bachelor of Science in Economics from the London School of Economics and Political Science. Eric Matejevich — Chief Financial Officer Mr. Matejevich is a seasoned gaming executive with extensive experience in both the online gaming and traditional casino industries. From February to August 2019, he served as Trustee and Interim-Chief Executive Officer of Ocean Casino Resort (“Ocean”) (formerly Revel Casino, which had a construction cost of $2.4 billion) in Atlantic City, where he successfully led the management team through an ownership change and operational turnaround effort. Over the course of seven months, Mr. Matejevich managed to reduce the property’s weekly cash burn of $1.5 million to an annualized cash flow run rate in excess of $20 million. Prior to Ocean, from 2016 to 2018, Mr. Matejevich served as the Chief Financial Officer of NYX. At NYX, he focused his efforts on integrating the company’s many acquisitions and multiple debt refinancings to simplify its capital structure and provided liquidity for growth initiatives. Additionally, Mr. Matejevich was instrumental to the executive team that sold NYX to Scientific Games for $631 million. Prior to NYX, from 2004 to 2014, Mr. Matejevich was the Chief Financial Officer of Resorts International Holdings and later, from 2011, also the Chief Operating Officer of the Atlantic Club Casino, a property under the Resorts International Holdings umbrella — a Colony Capital (NYSE: CLNY) entity. As Chief Financial Officer, he provided managerial oversight for all finance functions for a six-property casino company with annual gaming revenue exceeding $1.3 billion, 10,000 gaming positions, 7,000 hotel rooms and over 11,000 staff members during his tenure. Mr. Matejevich led the transition effort to integrate a four-casino, $1.3 billion acquisition from Harrah’s Entertainment and Caesars Entertainment (Nasdaq: CZR). As Chief Operating Officer of Atlantic Club, he lobbied for and was successful in obtaining the first internet gaming legislation passed in the United States. The Atlantic Club was the sole New Jersey casino proponent of the legislation. Prior to serving in various gaming positions, Mr. Matejevich was a Vice President of High Yield Research for Merrill Lynch, where he managed the corporate bond research effort for the gaming and leisure sectors and marketed high yield and other debt transactions totaling $4.8 billion. Mr. Matejevich received a Bachelor of Science in Economics from The Wharton School and a Bachelor of Arts in International Relations from The College of Arts and Sciences at the University of Pennsylvania. Our Board of Directors Morris Bailey — Chairman Over the past 10 years, Mr. Bailey has been a leader in turning around Atlantic City, as well as being among the first gaming executives to embrace online gaming and sports betting in the United States. In his efforts, Mr. Bailey partnered with two of the largest digital gaming companies in the world, PokerStars, part of the Stars Group, and DraftKings (Nasdaq: DKNG). In 2010, Mr. Bailey bought Resorts Atlantic City (“Resorts”) and initiated a comprehensive renovation which allowed for the property to be rebranded and repositioned. In 2012, Mr. Bailey signed an agreement with Mohegan Sun to manage the day-to-day operations of the casino. In addition to Mohegan Sun’s operational expertise and ability to reduce costs via economies of scale, Resorts gained access to their robust customer database. Soon thereafter, Mr. Bailey and his team focused on bringing online gaming to the property. In 2015, Resorts established a platform to engage in online gaming by partnering with PokerStars, now part of the $24 billion Flutter Entertainment, PLC (LSE: FLTR), to operate an online poker room in Atlantic City. In 2018, Resorts announced deals with DraftKings and SBTech to open a sportsbook on-property and online. For 2020 year-to-date, Resorts has performed in the top quartile in internet gross gaming revenue in New Jersey. Mr. Bailey’s efforts in New Jersey helped set the framework for expansion of online sports and gaming throughout the United States. In addition to his gaming interests, Mr. Bailey has over 50 years of experience in all facets of real estate development, asset M&A, capital markets and operations and is the founder, Chief Executive Officer and Principal of JEMB Realty, a leading real estate development, investment and management organization. Mr. Bailey has notable investment experience within the energy, finance and telecommunications sectors through investments in the Astoria Energy Plant, Basis Investment Group and Xentris Wireless. Tony Rodio — Director Nominee Mr. Rodio has nearly four decades of experience in the gaming industry. Most recently, Mr. Rodio served as the Chief Executive Officer and director of Caesars Entertainment Corporation (“Caesars”) (Nasdaq: CZR), one of the world’s most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company, from April 2019 until its acquisition by Eldorado Resorts, Inc. in July 2020. Mr. Rodio led Caesars through its $17.3 billion merger with Eldorado Resorts, one of the largest transactions in the gaming industry to date. Additionally, Mr. Rodio was instrumental to Caesars’ expansion into the digital gaming industry and oversaw the implementation of new digital segments such as its Scientific Games powered retail sportsbook solution that now operates in various states throughout the U.S. From October 2018 to May 2019, Mr. Rodio served as Chief Executive Officer of Affinity Gaming. Prior to Affinity Gaming, he served as President, Chief Executive Officer and a director of Tropicana Entertainment, Inc. (“Tropicana”) for over seven years, where he was responsible for the operation of eight casino properties in seven different jurisdictions. During his time at Tropicana, Mr. Rodio oversaw a period of unprecedented growth at the company, improving overall financial results with net revenue that increased more than 50% driven by both operational improvements and expansion across regional markets. Mr. Rodio led major capital projects, including the complete renovation of Tropicana Atlantic City and Tropicana’s move to land-based operations in Evansville, Indiana. Each of these initiatives, among others, generated substantial value for Tropicana. Ultimately, Mr. Rodio’s efforts at Tropicana led to its sale to Eldorado Resorts in 2018 for $1.85 billion. Prior to Tropicana, Mr. Rodio held a succession of executive positions in Atlantic City for casino brands, including Trump Marina Hotel Casino, Harrah’s Entertainment (predecessor to Caesars), the Atlantic City Hilton Casino Resort and Penn National Gaming. He has also served as a director of several professional and charitable organizations, including Atlantic City Alliance, United Way of Atlantic County, the Casino Associations of New Jersey and Indiana, AtlantiCare Charitable Foundation and the Lloyd D. Levenson Institute of Gaming Hospitality & Tourism. Mr. Rodio brings extensive knowledge of and experience in the gaming industry, operational expertise, and a demonstrated ability to effectively design and implement company strategy. Mr. Rodio received a Bachelor of Science from Rider University and a Master of Business Administration from Monmouth University. Marlon Goldstein — Director Nominee Mr. Goldstein is a licensed attorney with nearly 20 years of experience in the gaming space. He joined The Stars Group (Nasdaq: TSG)(TSX: TSGI) in January 2014 as its Executive Vice-President, Chief Legal Officer and Secretary until his retirement from the company in July 2020 following the merger of TSG with Flutter Entertainment, PLC (LSE: FLTR). Mr. Goldstein also previously served as the Executive Vice-President, Corporate Development and General Counsel of TSG. Mr. Goldstein was also the senior TSG executive based in the United States and was one of the primary architects of TSG’s strategic vision for its U.S.-facing business. During his tenure, TSG grew from an approximately $500 million market-cap company to an approximately $7 billion market-cap company through a combination of organic growth and strategic mergers and acquisitions. Mr. Goldstein participated in numerous M&A transactions and capital markets offerings at TSG, including several transformational transactions in the digital gaming industry. Notable transactions in which Mr. Goldstein was involved include: • TSG/Flutter Merger: In 2019, TSG merged with Flutter for a $12.2 billion transaction value, the largest transaction in the digital gaming industry to date. • TSG/Fox Bet Partnership: In 2019, TSG entered into a partnership with FOX Sports to create FOX Bet in the U.S., a leading U.S. online gaming business. Wall Street Research estimates an approximate $1.1 billion valuation for Fox Bet post-partnership with The Stars Group. • TSG/Sky Betting & Gaming: In 2018, TSG acquired Sky Betting & Gaming, the largest mobile gambling operator in the United Kingdom at the time, for $4.7 billion. • TSG/CrownBet and William Hill: In 2018, TSG simultaneously acquired CrownBet and William Hill, two Australian operators, for a total of $621 million in a multi-part transaction. • TSG/PokerStars and Full Tilt Poker: In 2014, TSG acquired The Rational Group, which operated PokerStars and Full Tilt and was the world’s largest poker business, for $4.9 billion. Through his ability to legally structure large and complex transactions, Mr. Goldstein was integral to TSG’s vision of becoming a full-service online gaming company. Additionally, he assisted in structuring TSG’s capital markets activity, which generated liquidity for acquisitions and strengthened its balance sheet. Prior to joining TSG, Mr. Goldstein was a principal shareholder in the corporate and securities practice at the international law firm of Greenberg Traurig P.A., where he practiced for almost 13 years. Mr. Goldstein’s practice focused on corporate and securities matters, including mergers and acquisitions, securities offerings, and financing transactions. Additionally, Mr. Goldstein was the founder and co-chair of the firm’s Gaming Practice, a multi-disciplinary team of attorneys representing owners, operators and developers of gaming facilities, manufacturers and suppliers of gaming devices, investment banks and lenders in financing transactions, and Indian tribes in the development and financing of gaming facilities. Mr. Goldstein brings experience and insight that we believe will be valuable to a potential initial business combination target business. Mr. Goldstein received a Bachelor of Business Administration with a concentration in accounting from Emory University and a Juris Doctorate with highest honors from the University of Florida, College of Law. Sean Ryan — Director Nominee Mr. Ryan is a digital media and technology operator with extensive global experience in online payments, e-commerce, marketplaces, mobile ad networks, digital games, enterprise collaboration platforms, blockchain, real money gaming and online music. Since 2014, Mr. Ryan has been serving as Vice President of Business Platform Partnerships at Facebook, Inc. (“Facebook”) (Nasdaq: FB), where he leads a more than 500 person global organization that manages the Payments, Commerce, Novi/Blockhain, Workplace and Audience Network businesses. Prior to his current role, Mr. Ryan was hired in 2011 as the Director of Games Partnerships to lead and grow the global Games business at Facebook. While the Director of Games Partnerships, Mr. Ryan focused on re-shaping Facebook’s games and monetization strategies to derive more value for Facebook, its users and its partners, including the addition of a Real Money Gaming offering in regulated markets. Mr. Ryan’s team helped accelerate a major trend in engagement through cross-platform games and therefore the opportunity to increase users through establishing games on multiple platforms. Prior to joining Facebook, Mr. Ryan created the new social and mobile games division at News Corp, an American multinational mass media corporation controlled by Rupert Murdoch. While at News Corp, Mr. Ryan led the acquisition of Making Fun, a San Francisco social-game start-up, that created News Corp’s games publishing division. Before joining News Corp., Mr. Ryan founded multiple digital businesses such as Twofish, Meez, Open Wager and SingShot Media. Mr. Ryan co-founded Twofish in 2009, a virtual goods and services platform that provided developers with data analytics and insights for individual application’s digital economies. Twofish was later sold to online payments provider Live Gamer, where Mr. Ryan served on the board of directors. From 2005 to 2008, Mr. Ryan founded and led Meez.com, a social entertainment service combining avatars, web games and virtual worlds. The white label social casino gaming company Open Wager was spun out of Meez and was later sold to VGW Holdings, Mr. Ryan also co-founded SingShot Media, an online karaoke community, which was sold to Electronic Arts (Nasdaq: EA) and merged into its Sims division. We believe Mr. Ryan’s experience will be valuable to a potential initial business combination target and would provide an expanded perspective on the digital gaming landscape. Mr. Ryan received a Bachelor of Arts from Columbia University and a Master of Business Administration from the University of California, Los Angeles. Tom Roche — Director Nominee Mr. Roche has more than 40 years of experience in the gaming industry as a regulator, advisor and independent auditor. Mr. Roche joined Ernst & Young (“EY”) as a partner in 2003 and opened its Las Vegas office. He was subsequently appointed as the Office Managing Partner and Global Gaming Industry Market Leader. In 2016, Mr. Roche relocated to the EY Hong Kong office to supervise the expansion of the EY Global Gaming Industry practice in the Asia Pacific region. Mr. Roche has been integral to numerous transactions that have shaped the current gaming landscape, including: • Wynn Resorts (Nasdaq: WYNN) initial public offering: Mr. Roche was the lead partner on Wynn Resort’s initial public offering, which raised $450 million in 2002. • Harrah’s Entertainment/Apollo Management Group & Texas Pacific Group: Mr. Roche headed the regulatory advisory services on the buyout of Harrah’s Entertainment, the world’s largest casino company at the time, for $17.1 billion. • Dubai World/MGM Resorts: Mr. Roche headed the regulatory and due diligence advisory services to Dubai World in its approximately $5.1 billion investment in MGM. Dubai World bought 28.4 million MGM shares, or 9.5 percent of the casino operator, for $2.4 billion. It then invested $2.7 billion to acquire a 50% stake in MGM’s CityCenter Project, a $7.4 billion 76-acre Las Vegas development of hotels, condos and retail outlets. • MGM Growth Properties (NYSE: MGP) initial public offering: Mr. Roche provided tax and structural transaction services to MGM Resorts in the creation of MGM Growth Properties, a publicly traded REIT engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts. MGM Growth Properties raised $1.05 billion in its 2016 initial public offering. Mr. Roche also directed EY advisory services to boards and management teams for profit improvement and technology related initiatives. In addition, Mr. Roche provided advisory support to the American Gaming Association on several research projects, including those specifically related to sports betting, the revocation of The Professional and Amateur Sports Protection Act of 1992 (PASPA) and anti-money laundering best practices in the gaming industry. Equally, he has assisted government agencies in numerous international locations with enhancing their regulatory approach to governing the industry especially in the online gambling sector. Prior to joining Ernst & Young, Mr. Roche served as Deloitte’s National Gaming Industry Leader and as the co-head of Andersen’s Gaming Industry Practice in Las Vegas. In 1989, Mr. Roche was appointed by then Governor of the State of Nevada, Robert Miller, to serve as one of three members of the Nevada State Gaming Control Board for a four-year term, where he was directly responsible for the Audit and New Games Lab Divisions. As a board member, he spent a substantial amount of time assisting global jurisdiction regulators enact gaming legislation in the design of their regulatory structure. During his career, Roche has been involved in numerous public and private offerings of equity and debt securities. His background includes providing casino regulatory consulting services to casino licensees and to federal and state agencies including the National Indian Gaming Commission and the Nevada State Gaming Control Board, and industry associations such as the Nevada Resort Association and the American Gaming Association. We believe Mr. Roche’s highly regarded reputation as a gaming auditor and advisor in the gaming industry will be valuable for us and a potential business combination target. Mr. Roche is a member of the American Institute of Certified Public Accountants and is licensed by the Nevada State Board of Accountancy and Mississippi State Board of Public Accountancy. He received his Bachelor of Science degree in Accounting from the University of Southern California.
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CASINO REVIEW
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New deaths by county: 97 F Jefferson, 69 M Warren, 96 F Fayette, 82 M Perry, 97 M Warren, 88 M Warren, 84 F Warren, 62 F Warren, 97 F Bell, 94 F Warren, 89 F Warren, 86 F Christian, 90 F Jefferson
Alright, what do you think about including or not including University cases in considering community spread? -- You know I believe a university is a part of a community. Those kids go to restaurants, they go to bars, they go to different places in the community. Now, there is a challenge here, and it's one that we've got to discuss and it especially impacts where I went to school, Fayette County Public Schools. Right now, UK has so many cases that it may push Fayette County red, and if UK stays open and continues to have those amount of cases, they could potentially keep it red and then you've got Fayette County Public Schools saying “Wait. No, we need a, we need a community spread that our kids can go to school” that is a real issue. I talked to the superintendent about it the other day and we're continuing to have discussions. I talked to Mayor Gordon about it as well. And the answer, can't be “the university cases just don't count” because they are in the community. The question is how we can make sure we're taking the right steps so K-12 students don't miss out on opportunities because of other decisions. But this also makes us rise up, elevate our thinking, that it's more than just the institution or institutions we serve, it's the communities around us that can be impacted.
You have recently loosen some restrictions on visitations for long term care homes, is there any discussion about loosening in-person visitations for state inmates?-- The question is, given that we have loosened restrictions on visitation for long term care facilities, is their discussion on loosening it for inmates? There is discussion, it hasn't moved beyond any of those stages yet, so we don't have any step to announce, nor should it suggest that we're going to have a step to announce but it is being discussed, understanding that people very much especially in that situation rely on those personal interactions.
Governor, are you still looking at the release of your guidance on Trick or Treating by the end of the week? -- We are still working on releasing our guidance for Halloween. And, part of that's everything going on at the moment. But the other part is trying to find a safe way to do it, given the CDC said “don't do trick or treating at all.” And so we still want to give our kids an opportunity, and we're trying to figure out what that opportunity can be. You know, Halloween, I used to say my kids look forward to that 364 days a year, they're a little bit older now, I will again reiterate though- No adult parties, no block parties, that's something that we can't do and if you do that we can't try to create a trick or treating experience because then we brought even more people together in a close area.
The churches and civic groups that do those trunk or treating in parking lots. That would be ok? -- So one one option that we're looking at is to have civic groups do things outside in a way to where kids can get individually wrapped, you know bags would be better, if you think about it like some people give out birthday parties, at the end. And having our civic groups step up to do that in a safe way that they have really thought through, is one of the best ways we believe that that there could be that experience, but again we don't want to bring a whole bunch of people inside for it, either. COVID makes everything, not difficult but can make everything dangerous and it seems to attack the things that we like and love the most.
Alright, It is 4pm, that time we provide our update on our battle against COVID-19, each and every day. Today, I'm representing the Caywood Comets, this is a school in the Kenton County School District. I know they are working to get back safely to the classroom. Now we're going to jump right into the report today, go pretty quickly open it up for questions.
Positive cases today: 745
Probable cases: 7,550
Total confirmed cases: 64,158
Children Under 18: 107 - Again, it seems like we are seeing a larger and larger and larger portion of positive cases being our young people.
Total tests conducted: 1,301,407 (PCR: 1,226,385, Serology: 52,994)
Positivity Rate: 4.57%
Total hospitalized: 5,119
Currently hospitalized: 543
Total in ICU: 1,499
Currently in ICU: 122
On a ventilator: 71
Total recovered: 11,570
New deaths today: 13
Total Deaths: 1,137
New deaths by county: 97 F Jefferson, 69 M Warren, 96 F Fayette, 82 M Perry, 97 M Warren, 88 M Warren, 84 F Warren, 62 F Warren, 97 F Bell, 94 F Warren, 89 F Warren, 86 F Christian, 90 F Jefferson
Toughest part of today's report: 13 new deaths. These are 13 individuals whose families will be mourning them. It's a hard number for any given day, 13 individuals, and note on here's a friend of mine from Northern Kentucky that I just learned about an hour and a half ago had passed away after a multi-month battle with COVID-19. Remember this virus is very real and it's still out there. So let's make sure that we light our homes up green. We ring those bells at 10am, and that we try to reach out to these families that may be needing help or other families that while they might not have had somebody passed away, may be suffering from food insecurity, you may be worried about a child in that household, there may be a domestic violence situation, let's make sure that we are thinking about what we can do for others who need our help at all times during this virus. This is a time that takes more compassion than any in my lifetime and that's with every challenge we face right now. So, let's remember that. We've got to listen to each other. We've got to help each other. And every day that we have a lot of cases, 745 today. We know that they're going to result in a lot of deaths. Thankfully, our mortality rate continues to creep down, but still higher the volume of the cases, the more Kentuckians we lose. So let's make sure we wear that mask, we socially distance, we cut our contacts down, we do what it takes.
Racial breakdown of all cases: 80.10% Caucasian, 11.88% Black or African-American, 1.62% Asian, 5.90% Multiracial
Ethnicity breakdown of all cases: 89.08% non-Hispanic and 10.92% Hispanic
Racial breakdown of all deaths: 83.27% Caucasian, 12.98% Black or African-American, 1.15% Asian, 2.60% Multiracial
Ethnicity breakdown of all deaths: 96.41% non-Hispanic and 3.59% Hispanic
Long Term Care Facilities (PDF): 40 new residents and 37 new staff positive from yesterday, and 14 more deaths, 3 new facilities.
Total facilities: 332
Total deaths: 647
Active cases: 573 residents, 421 staff
Total cases: 4171 residents, 2754 staff
K-12 Update (PDF): 166 new students and 59 new faculty/staff positive from yesterday, 177 new schools.
Total facilities: 527
Active cases: 577 students, 288 faculty/staff
Total cases: 956 students, 342 faculty/staff
K-12 schools, a big jump here as you all know, I think we have close to seven high school football teams that are under quarantine multiple other sports, we are seeing a significant number of cases, some that we wouldn't have known about but for a different injury. You can get our full report online, remember it is behind the news that you would get. And coming up on Monday is when every school has to report to that dashboard that will go live on that Monday with a school having to update that every day so people should be able to get, not in real time, but every day, an update of what the situation is in their school, and in surrounding schools
University Update (PDF): 33 new students and 0 new faculty/staff positive from yesterday, 8 new facilities
Total facilities: 58
Active cases: 1395 students, 45 faculty/staff
Total cases: 2919 students, 84 faculty/staff
Before we open it up for questions. one I mentioned, the two LMPD officers last night that were shot. They are LMPD major Aubrey Gregory, he has been released from the hospital, I got a chance to talk to him personally last night. He was surrounded by family and friends, he's going to have a full recovery at least to my knowledge. The other is officer Robin, and I think it's this Desroches? and I apologize to him if I mispronounced his last name- he is stable and recovering, I talked to his mom last night- during a period where they were still working to ensure his stability. I want to condemn this act of violence in the most stark terms, it is absolutely wrong. And the answer to violence can never be violence. And we want to make sure that these individuals that were out there last night and will be out there again tonight are safe. And we need to ensure that any type of activity or demonstrations remain non-violent and remain peaceful. We have to understand just one person can mar something that otherwise is done the right way. And that means we need to make sure those around us are also doing things the right way.
Alright. With that, we'll open it up to, to questions started over here yesterday I think Shelby we'll start with you.
QUESTIONS
President Trump tweeted and said he spoke to you, can you give us some insight into the conversation with him? -- Right. So, last night after I learned of the injuries to our two law enforcement officers I returned to the Capital where I was here for several hours ensuring that they were okay, that we had the situation under control. Talked to the Mayor, talked to the Chief of Police, talked to one of the individuals that had been shot and then the family members of the other, also talked to the President of the United States, who initiated the call. His comments were that it appeared that we had things under control. He did make an offer, if at a later point we needed additional assistance, he would provide it. But, he stated and I agree that at this time we have appropriate levels of law enforcement or peacekeepers there, and that if necessary, we have the ability on the state level, to increase that level of support. It was a good call. I appreciate him, making it.
For tonight, what is the level of National Guard troops that are available in Louisville? -- The question is, how are we preparing for tonight? What's the number of National Guard troops in Louisville? We're not going to disclose the number, that's part of the operational security of those individuals, we will again be conducting limited missions, that are there for public safety and to protect critical infrastructure, like our hospitals. We will adjust accordingly to ensure our people are safe and we can keep other people safe. I want to say again that presence is in no way intended to stifle people's first amendment rights to give voice to any anger, frustration; but it is there to both keep people safe and ensure things, like our hospitals, can continue to operate when last night they were absolutely needed for these two officers and for those that might be suffering from COVID, or other injuries. It's important that those that do want to give voice, and do want to do that outside and in Louisville, do so before the curfew. And I would ask everyone to respect that curfew, the curfew is being applied to anyone that is out, I know that it was applied last night to one of the militia groups that showed up as well. And remember that those and other groups are also in the city, and I'm not sure it's them but there are always individuals that might want to turn something that is peaceful into something that's not, that may just like everybody, including law enforcement and demonstrators, and we got to make sure that that that that we don't allow that to happen. And that does take a sufficient presence, which will be out tonight.
You have recently loosen some restrictions on visitations for long term care homes, is there any discussion about loosening in-person visitations for state inmates?-- The question is, given that we have loosened restrictions on visitation for long term care facilities, is their discussion on loosening it for inmates? There is discussion, it hasn't moved beyond any of those stages yet, so we don't have any step to announce, nor should it suggest that we're going to have a step to announce but it is being discussed, understanding that people very much especially in that situation rely on those personal interactions.
Governor, given the indictment yesterday, does this give you any more impetus to equip the KSP with the body cameras?-- Now the question is, given the indictments yesterday. Is it any more impetus for KSP and body cameras? I mean that's a question we absolutely have to address, as we see more and more law enforcement out there wearing them. We've got to talk with the Kentucky State Police about it, I believe that body cameras can protect an officer, or in this case it would be a trooper, as much as anything else. I can tell you, aside from some of these tragic situations where body camera footage is needed just to know what happened, in many instances there can be complaints against an officer or trooper that if you have the body camera footage, you can dismiss them pretty quickly. Remember these sometimes are heated exchanges and sometimes having the video with that officer being professional, which is almost always the case, can be very helpful. The other thing that it can be is a tool, whereby supervisors can ensure that people are following the training they've had. I remember being in Washington DC for a national Attorney General's Association meeting and the then chief of the DC police, she talked about how she would take that footage home and watch it and see that there were instances- She talked about one domestic violence situation where one of the officers turned their back. Now, that wasn't anything between the individuals, but could have compromised their safety. And so it was a check on different ways that she thought that she could use to improve the department. I am for body cameras where appropriate, there are some instances where I don't think that they would be, based on the particular mission of that individual unit.
I want to ask about some comments you made on MSNBC earlier today in regards to your request for the Attorney General to publish more information about the Breonna Taylor investigation online. You said the release of those details wouldn't impact the federal civil rights investigation. How is that possible to not impact that investigation by making some of those details public? -- So today, the question is on one of the cable news shows, I talked about how I believe that the Attorney General can release the information from his criminal investigation, without impacting the federal civil rights investigation. I believe that there are very different investigations that set out to determine very different things, I don't think a ballistics report, for instance, is going to have an impact on a civil rights investigation. And if they believe that it does, I think that that the federal prosecutors can come forward and explain the specifics of that; but at this point with the Attorney General saying he is not pursuing certain things, then I believe it makes it appropriate to provide the facts, the information, the evidence, and It's about trusting the people of Kentucky. I trust them, that if they have all the facts, the evidence, and maybe some explanation, if needed, that they can process it. And I know the Attorney General talks about the truth, and I talk about the truth, I think we ought to let the people of Kentucky see all of that, evaluate, and come to the truth. I believe that it is fully appropriate to do at this point in time, I've been a prosecutor, I withheld judgment on that until we've reached the stage but at this point, put it all online. Put everything that would not impact, now there has been one indictment with three charges in it, put everything online that wouldn't impact that and that's really about apparently shooting into a different apartment building, and let people see it, and it's been done in other places. It was done several months later in Ferguson; it's been done by other prosecutors; it's an attempt to be transparent. And I've seen firsthand, that when you are willing to be transparent with the people of Kentucky, they will look at the information, they will try to understand the decisions you've made, they may disagree, but at least it's not a vacuum, where different emotions, or theories, or others can come into play. I'm sorry we made you wait, is it John? Okay, welcome.
I had a question for you about coronavirus: cases are higher now than earlier in pandemic when we've had more severe restrictions. But over the past two months those restrictions have been rolled back a little bit. So, I'm just curious to know, you know what would it take for you to include new restrictions for the things like public gatherings and things that you had earlier? -- So the question is with us now being at a higher level of total cases than we were earlier, but obviously we've gotten better at treating when we look at it, we also follow our hospital data, and right now I would say we are at a place where we can handle more cases than previously. We're also testing more to find more people who have it and that's a good thing, but you are right and that with loosening restrictions, that means people have more contacts, and we will see the virus spread more. What it would take for me to implement new restrictions would be what we saw when we had to cut restaurants for a period of time, and bars, and that is a proof of, or indications of, a real escalation. And not something that might be, you know, kind of up and down- and remember, our plateaus aren't entirely flat, and not something just very gradual where it'll take a couple weeks to see, but if we started seeing what looked like an escalation especially one, that looks like it could turn into a severe escalation like we saw in Florida and Arizona, once you start seeing that curve, that's when we would take additional action, that's when the White House would ask us to take additional action. And they're keeping track like we are, we use somewhat different data but we're in about the same place right now in that, mainly what we need people to do is be a little bit better, more people wearing the mask [holds up mask] and the white house again says we not only should have a mask mandate but I should be encouraging it every day, engaging in that social distancing, and remember, moderation, and not moderation like we had before March, but moderation in, on the same day if you're going to work, and going to the gym, and going to dinner that's just too many contacts. We got to spread them out. And make sure that those gatherings, which we still have that 10 person limit, we keep at that level. We do see a lot of spread and those. It's not necessarily backyard barbecue but it's house parties and as it gets colder and people drive inside that's going to be more important than ever.
So many parents are at home helping their children with virtual school but history is unfolding outside. How can they explain what is happening to their children? -- The question is with so many kids at home but history going on outside, how do they explain what's happening to their children? First, I was worried I was going to be a little late, because I was dealing with sixth grade geometry, with my son Will. Being governor doesn't stop your obligations, nor your duty as a parent. And boy, we certainly appreciate our teachers, when we're asked to step up and take a bigger role. I think that parents need to be able to have age-appropriate conversations with their children, and that they ought to be based in values, about the type of world that we think we should have, about true dignity for all people, about the fact that I believe that God calls on us to build a world that is free of inequities and oppression and racism. And then need to be able to talk to their kids about our country's history and the fact that we have had to make changes and take strides and many points in our history, and right now that we're being called on to do more. You know it's a conversation with what's going on there and also with what's going on in COVID-19 that's going to shape so much. But I'd like to think that every challenge gives us an opportunity to build a better day, and maybe to raise better people. Part of that calls on us to recognize what we're living through, both the pandemic and calls for a more equitable society, and then to make sure we're instilling the right values in our kids. And I just remind people, because I have to remind myself, that our kids are always listening, and my kids are always hiding behind the door listening to everything. And so, we got to really make sure in our heart and in our mind, we're not just saying the right things, but we believe them. And if we start feeling ways that we think “Wait a minute, I shouldn't” I mean that's the time that we're called on to be a little better. And so much of what we see, because we are inside, is on Facebook and Twitter which, I mean, it's turned into poison in so many ways, let's remember that if we're writing something down that contains hate or anger or making enemies out of one another, our kids are gonna read that one day too. And maybe if we write it, we ought to look at it, we outta realize that we need to change too, and be a little better, and maybe we just need to turn it off entirely.
Alright, what do I think about including or not including University cases in considering community spread? -- You know I believe a university is a part of a community. Those kids go to restaurants, they go to bars, they go to different places in the community. Now, there is a challenge here, and it's one that we've got to discuss and it especially impacts where I went to school, Fayette County Public Schools. Right now, UK has so many cases that it may push Fayette County red, and if UK stays open and continues to have those amount of cases, they could potentially keep it red and then you've got Fayette County Public Schools saying “Wait. No, we need a, we need a community spread that our kids can go to school” that is a real issue. I talked to the superintendent about it the other day and we're continuing to have discussions. I talked to Mayor Gordon about it as well. And the answer, can't be “the university cases just don't count” because they are in the community. The question is how we can make sure we're taking the right steps so K-12 students don't miss out on opportunities because of other decisions. But this also makes us rise up, elevate our thinking, that it's more than just the institution or institutions we serve, it's the communities around us that can be impacted.
What’s your reaction to the Supreme Court’s ruling that historical corporations are gambling devices are essentially no different than slot machines and illegal. -- The Supreme Court today ruled that certain types of instant racing games are not parimutuel, and therefore, I believe that they believe that they were unlawful. I will tell you that I believe that decision, while not criticizing the legal aspects of it, not having analyzed it, is devastating for so many Kentucky jobs, for the horse industry, and for the budget, the state budget, which it adds about $21M to every year and that's growing. So, I've already begun discussions with various partners about finding a path forward. We've now had this in the Commonwealth for several years, we have not seen the ills that people claim would come from it, coming from it. There is widespread gaming, much more than this over just about every single one of our borders right now. If it's going to take a legislative change we need to make the legislative change to keep our horse industry competitive but to keep our Commonwealth competitive. Listen, we need a lot more types of gaming to compete with those around us. I mean, Indiana, using our money to build the roads, and other states around us, Missouri, they can pay for their health care costs. And in this period of COVID-19, revenue from those sources, for the most part, hasn't gone down or not nearly as much once things reopened. And so we're gonna find ourselves at not being competitive in what is otherwise a free market that's out there. And so I hope that we will get the necessary changes to move forward, and when we make them, I hope that maybe we can make a lot more.
Jesse Jackson just called for athletes to boycott the University of Kentucky and the University of Louisville, and other economic boycotts in Louisville over the grand jury not deciding How do you respond to that? -- I'm told that Jesse Jackson has asked athletes to boycott UK/UofL because of the grand jury decision. I respect Reverend Jackson, but they didn't have any control, UK or UofL, over what the grand jury did. I believe that they are trying, through programs and efforts, to build a better world. And so while I very much respect Reverend Jackson, I don't agree with a boycott of those that have had no control over this. Now, what I do think we ought to do is see all the information. I think the Attorney General can post it online, if he if there is some that needs to be held back because of the one indictment then that's a discussion and an explanation he can provide, but it's time to give the information. And I think that if he did this call for a boycott wouldn't have happened yet because I think everybody would be sitting down, and would be trying to process the true facts and evidence that's out there, and I think everybody benefits from the truth.
Governor Holcomb in Indiana has issued an order that beginning Saturday, all restaurants and bars can fully open in Indiana. Do you have anything that's, you know, in the works for our bars and restaurants here in Kentucky? -- So I haven't seen, it's apparently an order from Holcomb further opening bars and restaurants, that's something I'll have to talk to him about. With us just about to start opening schools, we've got to get that done first concern, or any other capacities.
Let's see this is wanting a response to this quote about AG releasing more info: “We appreciate governor Beshear’s team providing assistance to our office in the Commonwealth over the last few days in preparation for yesterday's announcement. However, releasing that information would compromise the federal investigation and violate a prosecutor, prosecutors ethical duties.” -- We did work well with the attorney general's office in communication leading up to it. I don't have an argument there. I've tried not to criticize the other parts, having not seen the file myself, but I've been a prosecutor, and I've been in that role and if you are no longer pursuing those charges there is not a duty, there is not a jury, that you could compromise. There is no criminal investigation there that you can compromise and so I do not think there can be a violation of those duties. I'm not the only one in my office, I have the former Deputy Attorney General and a former district judge, and he agrees too. I just, I don't agree with, with that view other prosecutors have done it. Let's just put it out there and let people see it.
Do you feel like the nine o'clock curfew is actually effective at minimizing the tension in Louisville in regards to the protests that are happening out there. -- The question is on the 9pm curfew in Louisville, and I think it’s necessary. I know a lot of people may not like it but as we see that the nights go further along there is just more of an opportunity for, for those that would want to incite violence, or take advantage of an opportunity, and I believe that it's necessary. But remember, it applies to everybody. And so for instance, these groups that claim that they are keeping the peace that are heavily armored, walking around Louisville with, what I understand is, no tactical training at all, and no specific mission, it makes them go home too. And from somebody that has dealt with them firsthand I think then going home is a really good idea. I just don't think that they ought to show up in Louisville, in the first place.
We mentioned schools just now and I wanted to ask, are we still on track to have the successful real thing that you're envisioning and are there any trends that could put that at risk that you guys have spotted? -- (Can we, if we do have the incident map for today, James if we don't, that's okay.) Every day we update our incident rate map on http://kyCOVID19.ky.gov/. What that shows is we have many counties that are in the yellow, or the green, that are we think in a good position to start some in-person class activities. We have others in the orange that need to be careful. And small groups would be best, a hybrid model after that. And then we have those in the red- that I do not think should be starting in person class and if they are in in-person class, they ought to move to virtual until they can move out of the red. I believe that in many places there can be a successful reopening but what a successful reopening is in COVID doesn't look like what it did before. It's our kids in masks all day long, because that's going to be required to lessen the spread, it's going to be fewer kids in a classroom, it may be them not being there as many hours of the day. But it is more direct interaction with their teachers, which we know is important. But the other thing is we got to be fluid, and we got to be flexible. We have seen, as we've been here, that there are counties that will have very few cases and then boom, you know 60, 90, 100 in just a couple days or over a week. And so we got to understand that you could even be in the green or in the yellow and by this time next week you could be in the red and you got to be prepared to move from that in-person back to NTI and then come back again. The two things we got to continue to defeat this virus is to be strong, to have the endurance to do this, as long as it takes. But number two, to be flexible, and knowing the conditions on the ground in your county, and your area can change really quickly so we've got to be able to change our approach.
I'll do one more set if you all have them, let's see, Did I respond to the President's offer for federal assistance to respond to the protests? -- The president and I agreed that right now we had sufficient assets, didn't need that help, and again, it was a positive conversation about what was already in place.
Last week, nursing homes were given federal guidelines saying they could resume indoor visits, and now if they're in a red zone, that county’s in a red cell, how does that affect them? Who do they follow the state or federal?-- On nursing home visits, The or long term care facilities, they have to follow the state guidelines that have been put out there. We think that they are very reasonable following the incident rate map as well. And I think it also allows our communities to know how safe or unsafe, it could be. You know, just because someone tells you you can do something, sometimes you shouldn't do something and this also gives more information to two family members. I know so many Kentuckians that will choose not to go see somebody in-person at different times because they love them. And that's a hard thing to grasp that you wouldn't see somebody in person because you love them, but you don't want to have even that potential of exposing them, depending on what you do. And you might want to think about it, depending on on your regular day and how many people you come into contact with. If you've got a job that has significant contact with other people, again you might want to be more careful.
Dune (2020) - Everything We Know So Far [Regularly Updated]
PLEASE READ BEFORE POSTING MOVIE RELATED CONTENT OR QUESTIONS
Hey folks, seeing as how there are so many posts regarding the movie regularly hitting the front page of this subreddit - often with the same questions and answers being repeated in the comments - I decided to put together something a little more comprehensive. For those you of who have yet to read/finish the book, I've kept this post spoiler free but I can't promise the same for the comments below.
What's the timeline?
What we know so far about some key milestones:
Release Date: 12/18/2020*
Filming Wrapped for Budapest, Hungary (and presumably the entire film): July 20th 2019
Filming Wrapped for Jordan Desert Location: April 26th 2019
Principal Photography Started: March 18th 2019
Script Finalized: August/September 2018
Pre-Production Began: July 2018
*As far as we know this release date has not been affected by the COVID-19 outbreak.
A mythic and emotionally charged hero’s journey, “Dune” tells the story of Paul Atreides, a brilliant and gifted young man born into a great destiny beyond his understanding, who must travel to the most dangerous planet in the universe to ensure the future of his family and his people. As malevolent forces explode into conflict over the planet’s exclusive supply of the most precious resource in existence—a commodity capable of unlocking humanity’s greatest potential—only those who can conquer their fear will survive.
1 Charlotte was once quoted as saying the one book she'd bring to a desert island was Dune, but turned down an earlier opportunity to star in an adaptation when Jodorowsky asked her to be Lady Jessica. 2 Bardem is a fan:
I read the first three books, and, of course, I saw David Lynch's film. I'm going to be turning 50 on March 1st, so I saw David Lynch's film, which I loved. I remember the day I saw it in 1984, I think, and it was weird! And I loved it! It was big and weird, and those sandworms!
3 Several roles in this list might have very brief screentimes or be omitted entirely from the first film due to the characters not being significant to the plot until much later in the book. For this reason, I chose not to include Alia. That, and the fact that there aren't many actors worth noting <5 years old. 4 Jon Spaihts is likely who was brought in when Eric Roth realized he couldn't shorten his 200-page script. 5 Hans Zimmer is also a huge Dune fan and was an obvious choice because of his prior working relationship with Denis from Blade Runner 2049 and the fact that he's worked on Legendary Pictures before with Christopher Nolan. He's definitely got a 'big-budget' sound that makes sense here. 6 Unfortunately Roger Deakins is not partnering up with Denis again for this one. Considering that the two of them are 3 for 3 with getting Oscar nominations every time they work together, this makes me sad. Greig has big shoes to fill, but I'm optimistic. 7 Seasoned Conlanger who created the Valyrian and Dothraki languages for Game of Thrones. He's confirmed that he's working on "more than one thing" so we're presumably talking about Chakobsa (the Fremen language) and something else. 8 Concept artist specializing in creature designs. Known for creating the design for the aliens in Denis' prior work, Arrival. He's explained that his work for Dune has been pretty minimal. I'm thinking Guild Navigators. 9 Concept artist specializing in vehicle designs. Ornithopters and spice harvesters, anyone? He's also a fan.
Where is it being shot?
Confirmed filming locations:
1. Budapest, Hungary
Budapest is considered the primary shooting location for the film. Denis will once again be working with Origo Film Studios who provided many of the stages and facilities used in the shooting of Blade Runner 2049. Budapest will likely be the shooting location for the majority of indoor scenes ranging from the Atreides stronghold on Caladan to Fremen sietches and Harkonnen interiors.
2. Wadi Rum, Jordan
Jordan is a very popular filming location for movies set in the desert. Hurt Locker, The Martian, Zero Dark Thirty, Aladdin, and Indiana Jones & The Last Crusade were all shot in Jordan. As is the upcoming Star Wars movie. Odds are good that the majority of external scenes set in the Arrakeen desert will be shot in the numerous deserts of Jordan. Update: Numerous social media posts have indicated that many scenes are being shot at Wadi Rum desert.
3. Arabian Desert, United Arab Emirates
It's been confirmed that some of the shooting was done in the remote desert regions outside of Abu Dhabi. Due to the distinct natural conditions of Jordan and the UAE, it's likely two different desert filming locations were needed to cover a wider range of geographical formations for shooting.
4. Stadlandet, Norway
Thanks to some detective work, we've been able to determine that at least some of the exterior shots of Caladan were shot in Norway, specifically along the Stad peninsula.
Things Worth Noting
Some information to keep in mind over the next 600+ days:
1. Denis loves Dune.
I'll let this quote from an interview back in early 2017 speak for itself:
Since I was 12 years old there was a book I read, which is ‘Dune,’ which is my favorite book, with ‘1984.’ After ‘Prisoners,’ the producer of Alcon asked me what I would like to do next. I said, ‘Dune,’ spontaneously, that if anyone could get me the rights for ‘Dune’ — and I knew it was very difficult to get those rights. For me it was just a dream, and I guess I’m lucky that Mary Parent from Legendary got the rights and offered it to me. I can’t say no to that. I have images that I am haunted by for 35 years. I will not say no to that. That’s going to be the project of my life.
When asked about the idea of creating an alien-planet space adventure in a world where Star Wars already exists:
Most of the main ideas of Star Wars are coming from Dune so it’s going to be a challenge to [tackle] this. The ambition is to do the Star Wars movie I never saw. In a way, it’s Star Wars for adults. We’ll see.
When asked about his adaptation's relationship with the 1984 David Lynch adaptation:
David Lynch did an adaptation in the '80s that has some very strong qualities. I mean, David Lynch is one of the best filmmakers alive, I have massive respect for him. But when I saw his adaptation, I was impressed, but it was not what I had dreamed of, so I'm trying to make the adaptation of my dreams...It will not have any link with the David Lynch movie. I'm going back to the book, and going to the images that came out when I read it.
2. It's a two-parter.
The first movie is only going to cover part of the first novel. There's been no specific information released as to where the cut-off point is going to be, but many fans have speculated that the 2-year time skip that occurs between the 2nd and 3rd 'books' in the novel would work well as a natural stopping point. Others point to Paul and Jessica's first introduction to the fremen tribe as a likely stopping point. Given that Chani, Jamis and Harah have all been cast, all evidence now points towards the two-year time skip being the endpoint for the first movie. This is further reinforced by this quote from Legendary CEO Joshua Grode:
Also, when you read the book there's a logical place to stop the movie before the book is over.
Unfortunately, the two movies are not being filmed together. Likely as a result of witnessing Bladerunner 2049's lackluster box office performance, the studio has decided that it'd be too risky and expensive to go in on two movies at once. Therefore, a second movie is not guaranteed. Although, with the cast list so full of A-list actors in high demand, I'm sure it's already occurred to someone at Legendary how much of a headache it'd be to get everyone together again for a sequel without having at least a year to sidestep any potential scheduling conflicts. UPDATE: In this interview, the head of Gale Force Nine (the group re-releasing the 1979 Dune board game in the near future) talks about the second part coming out a year after the first in November 2021. If you're feeling optimistic, you can interpret this as an accidental leak of an internal decision at Legendary to actually commit to the 2nd movie. Otherwise this is in all likelihood just baseless speculation unfortunately stated as fact.
3. First book only...for now.
Even if we set aside whether the sequels are suitable for the big screen, I think it's conspicuous that I can't find a single instance of Denis mentioning any of the books beyond the first one. Sure, an absence of evidence is not evidence of absence, but until we can at least rule out the possibility that he hasn't even read any of the sequels, I'm willing to wager there are only plans to adapt the first book in this film series. Since this whole thing is largely powered by Denis' vision and reputation, it's hard to see it going anywhere else if he's not on board.
4. Brian Herbert is involved...somewhat.
The late author's son is listed as an executive producer on the Dune (2020) IMDb page. If you look through his Facebook page and tweets you'll see that he talks a great deal about his involvement in the "five major areas of products and productions under development in the Dune franchise", ironing out legal contracts, and commenting on drafts of the screenplay. Odds are good that his creative input is only being taken out of courtesy as he is the inheritor of his father's estate. However there is no real way to determine the extent of his influence and involvement on the film.
5. MPAA rating is TBD.
It might seem like an insignificant detail, but I see it as an early indicator...of sorts. Dune is a big gamble, and in the film industry that means the siren song of compromise is bound to be playing in the office of a studio executive somewhere. In a perfect world, Legendary would let Denis do whatever he wants with zero creative interference, but he’s not exactly known for his track record of four-quadrant films so alas, there are a number of factors likely to interfere with that outcome. The poor box office performance of Dune (1984). Hard sci-fi’s inherent reputation as a ‘niche’ genre. Denis' previous film (and first big-budget feature) Bladerunner 2049 costing Alcon Entertainment $80 million dollars in losses. Bringing on Jon Spaihts to slim down the screenplay. cough Zendaya. cough I could go on. It’s entirely possible we might end up with a watered down version of Dune meant to appeal to the more ‘water-fat’ movie-goers among us. Now, a PG-13 rating wouldn’t be a conclusive indicator of studio interference, after all aside from a few scenes with the Baron there’s not much explicit content in the book itself. Not to mention Denis’ vision for Dune is at least partially rooted in his memories of reading it in his youth. But an R-rating (which I personally find unlikely) would be a clear vote of confidence from the studio and a sign that they are letting him do his thing.
A note from me to you: Congrats! You made it to the end and now you know all there is to know. I'll be keeping this post updated as new information comes to light. Please shoot me a private message if you think there's anything currently missing from here or if you spot any inaccuracies. If something crops up in the future and it's not reflected here in a reasonable time (I'll let you be the judge of that), please also feel free to let me know.
Legal online gambling is now one step closer in Indiana after Representative Alan Morrison published a bill proposing the legalization and regulation of the activity. The newly introduced House Bill 1406 proposes a tax rate of 18% on adjusted gross revenues and an initial $500,000 fee for interactive gaming operators. Residents of Indiana enjoy Mega Millions, Powerball, Poker Lotto, among other draw games, and scratch-offs. Unfortunately, online lotto has not yet been legalized in Indiana, but signs show that it could soon follow suit with neighbors like Kentucky and Illinois, where it is legal to draw online. Indiana takes a middle-of-the-road approach to gambling, but unfortunately, it’s also one of three states that explicitly prohibit iGaming. Legal options for gambling in Indiana include horse race betting, land-based and riverboat casino gaming, charitable bingo, and a state lottery. In 2016, Indiana passed a DFS bill that legalized this form of gambling within state … In light of these new developments, it’s only normal to ask: is online gambling legal in Indiana? Unfortunately, online wagering covers a wide area of games, and the only one that has received a green light by state lawmakers is the sports betting option. This means that there aren’t any sites for online poker Indiana based, starting activity anytime soon. But it’s a promising first step towards obtaining this goal. Is Online Gambling Legal in Indiana? Strictly speaking, online gambling is illegal in the state of Indiana with the exception being online sports betting. There are multiple online sportsbooks available for wagering in the state. At this time, the active online sportsbooks in Indiana are: DraftKings Sportsbook; FanDuel Sportsbook; BetRivers Sportsbook Indiana is quite strict with their gambling laws, which makes it hard to say if online gambling is legal in Indiana. IC 35-45-5-3 states that it is illegal for an individual to participate in bookmaking and use the internet for the purpose of collecting bets for profit. Indiana Online Gambling. Indiana has long featured land-based gambling, with its first casino opening in Evansville in 1995. However, the Hoosier State previously didn’t seem receptive to internet gambling. This attitude shifted when Indiana became the second state (behind Virginia) to legalize daily fantasy sports in 2016. Is gambling legal in Indiana? Yes. Indiana is home to more than a dozen land-based casinos, off-track betting locations, retail and online sports betting, and a state lottery. Online Gambling FAQ. Are visitors to Indiana allowed to bet on sports online? Yes, the restrictions on betting in the state are based on the physical borders. This means that someone who travels to Indiana can create an account at an online sportsbook, make a deposit, and start betting.
Sports Gambling Became Legal Because Of A Horse Track (HBO ...
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