TOP ESPORTS STOCKS: DraftKings, Penn, Alpha Esports Tech and Skillz

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><body><div class="wp-block-cover"><div class="wp-block-cover__inner-container"> <p class="has-text-align-center has-large-font-size"></p> </div></div> <p>March 24, 2021 09:03 PST | Source: Market Buzz&Acirc;&nbsp;</p> <p>VANCOUVER, March 24, 2021 (QuoteMedia, Inc.) &acirc;&#128;&#147; Market Buzz, a trusted digital source in finance, covers the latest in stock market news. In 2020, video games sales totalled $174.9 billion worldwide, increasing by 19.6% from the previous year according to <a href="https://newzoo.com/key-numbers/">market research by Newzoo</a>. Despite the global pandemic and any economic difficulties, the gaming industry has a positive outlook for the remainder of 2021. The following esports stocks are poised for growth as the gaming industry continues to undergo rapid change. This content does not constitute investment advice.&Acirc;&nbsp;</p> <p><a href="https://alphatech.inc/"><strong>Alpha Esports Tech Inc.</strong></a><strong> </strong><em><span class="has-inline-color has-vivid-red-color">(Symbol coming soon)</span></em>&nbsp;</p> <p>Alpha Esports Tech Inc.&acirc;&#128;&#153;s platform, <a href="https://gamerzarena.com/tournaments">GamerzArena</a>, works as a virtual arcade. As the company&acirc;&#128;&#153;s core asset, it offers exposure to the most potentially profitable part of the gaming ecosystem: 100,000 gamers with a Freemium model in which they can deposit alpha coins as Bitcoin pegged tokens.</p> <p><a href="https://thriveglobal.com/stories/1996665/"><strong>Read Thrive Global interview with Alpha CEO Matt Schmidt&nbsp;</strong></a></p> <p>Similar to the freemium options of Spotify and Amazon Prime, Alpha&acirc;&#128;&#153;s no-cost business model compels gamers to purchase a monthly premium account for $12.99. <a href="https://alphatech.inc/news.html">According to Alpha</a>, Freemium users placing head to head wagers with an average bet size of $2 to $10 per match monthly can result in $5.4 million in revenue.&nbsp;</p> <p><strong>January 11, 2021</strong> &ndash; Alpha Esports Tech Inc. Announces Filing of Preliminary Prospectus and Closes Private Financing.</p> <p><strong>December 22, 2020</strong> &ndash; The company completed a private placement pursuant to which it issued 16,816,168 units (each a &acirc;&#128;&#156;Unit&acirc;&#128;&#157;) at a price of $0.35 per Unit for gross proceeds of $5,885,658.</p> <p><strong>December 7, 2020 </strong>&ndash; Alpha announces it&acirc;&#128;&#153;s signed a binding Letter of Intent to acquire 100% of Montreal-based HypeX Inc., a leading esports tournament and wagering platform. The acquisition adds 50,000 new users to Alpha/s GamerzArena platform.</p> <p><a href="https://www.draftkings.com/"><strong>DraftKings Inc.</strong></a><strong> (</strong><a href="https://www.nasdaq.com/market-activity/stocks/dkng"><strong>NASDAQ:DKNG</strong></a><strong>)<br></strong><br>Headquartered in Boston, DraftKings (DKNG) is a digital sports entertainment and gaming company in the United States, according to <a href="https://finance.yahoo.com/quote/DKNG/profile?p=DKNG">Yahoo Finance</a>. It focuses on providing users with daily sports, sports betting and iGaming opportunities. It also helps create software for online and retail sportsbook and casino gaming products.&nbsp;</p> <p><strong>March 16, 2021</strong> &ndash; <a href="https://www.globenewswire.com/news-release/2021/03/16/2193481/0/en/DraftKings-Inc-Announces-Pricing-of-1-1-Billion-Upsized-Offering-of-Convertible-Senior-Notes.html#:~:text=Announces%20Pricing%20of%20%241.1%20Billion%20Upsized%20Offering%20of%20Convertible%20Senior%20Notes,-March%2016%2C%202021&amp;text=(Nasdaq%3A%20DKNG)%20(%E2%80%9C,(the%20%E2%80%9CNotes%E2%80%9D).">DKNG announces</a> its pricing of a private offering of $1.1 billion aggregate principal amount of 0% convertible senior notes due 2028. These notes will not be redeemable at DKNG&acirc;&#128;&#153;s election before March 15th, 2025.&nbsp;</p> <p><strong>March 4, 2021</strong> &ndash; <a href="https://www.baystreet.ca/techinsider/2747/DraftKings-UFC-Reach-Deal-on-Betting">DKNG and the UFC announce a new agreement</a> that marks one of the biggest partnerships in UFC history. As such, DraftKings will become the UFC&acirc;&#128;&#153;s first-ever official Sportsbook and daily fantasy partner in the United States and Canada.</p> <p><strong>&nbsp;</strong><a href="https://www.draftkings.com/?wpcid=1944584090&amp;wpsnetn=g&amp;wpkwn=draft+kings&amp;wpkmatch=e&amp;wpcrid=351129762647&amp;wpscid=70473900213&amp;wpkwid=kwd-301264657898&amp;an=adwords&amp;keyword=draft+kings&amp;matchtype=e&amp;network=Google_Adwords&amp;device=c&amp;adposition=&amp;medium=Google&amp;utm_adCampaignId=1944584090&amp;utm_AdGroupId=70473900213&amp;feedItemId=&amp;utm_creativeId=351129762647&amp;utm_campaignName=Search_-_Brand_-_Exact&amp;utm_adGroupName=dkcid665847470%3adki65%3adkv1%3adksv16%3adkch2%3adkpa3%3adkpl7%3adkcnCA%3axx%3adkc1Draftkings_Core%3adkc2Exact%3axx%3adkc420190521&amp;gclid=CjwKCAjwgOGCBhAlEiwA7FUXki4B7lx8OmuW1cheUF1_64ayGZkF6ER31V8UmJcKYB0TmfNR8wS-hhoC4_MQAvD_BwE&amp;gclsrc=aw.ds"><strong>Penn National Gaming Inc.</strong></a><strong> (</strong><a href="https://www.nasdaq.com/market-activity/stocks/penn"><strong>NASDAQ:PENN</strong></a><strong>)</strong></p> <p>According to <a href="https://finance.yahoo.com/quote/PENN/profile?p=PENN">Yahoo Finance</a>, Penn National Gaming Inc. (PENN) and its subsidiaries own and manage gaming and racing properties along with video gaming terminals through four segments. As of 2020, PENN owned, managed or had ownership interests in 41 gaming and racing properties in 19 states.&nbsp;</p> <p><strong>February 22, 2021</strong> &ndash; Penn announces it has secured sports betting and online casino market access in New York through strategic partnership with Rivers Casino.&nbsp; &acirc;&#128;&#156;Gaining potential access to what could become one of the nation&acirc;&#128;&#153;s most lucrative sports betting markets has been a major priority for our Company,&acirc;&#128;&#157; said Jon Kaplowitz, Penn National&acirc;&#128;&#153;s Sr. Vice President of Interactive Gaming.</p> <p><a href="https://www.skillz.com/"><strong>Skillz Inc.</strong></a><strong> (</strong><a href="https://www.nyse.com/quote/XNYS:SKLZ"><strong>NYSE:SKLZ</strong></a><strong>)</strong></p> <p>Headquartered in San Francisco, California, Skillz Inc. (SKLZ) was founded in 2012 and operates a mobile games platform that connects people across the globe through competition. According to the <a href="https://www.skillz.com/">SKLZ website</a>, the platform has more than 30 million players.</p> <p><strong>March 18, 2021</strong> &ndash; In a <a href="https://investors.skillz.com/news/news-details/2021/Skillz-Announces-Pricing-of-Public-Offering-of-Class-A-Common-Stock/default.aspx">press release</a> Skillz announces the pricing of its previously announced underwritten public offering of 32,000,000 shares of its Class A common stock.&nbsp;</p> <p><strong>March 10, 2021</strong> &ndash; Skillz announces its 2020 Q4 financial results. The report indicated that the company&acirc;&#128;&#153;s annual revenue grew 92% to $230 million in 2020, compared with $120 million during 2019, <a href="https://investors.skillz.com/news/news-details/2021/Skillz-Outperforms-Fourth-Quarter-and-Full-Year-2020-Financial-Results/default.aspx">says a press release</a>.</p> <p>About Market Buzz:</p> <p>Market Buzz is a financial news platform that offers investors the latest information on high-potential publicly-traded companies and stock market experts.<a href="http://www.marketbuzz.ca"> www.MarketBuzz.ca</a>. This content does not constitute investment advice.</p> <p>CONTACT:</p> <p>(604) 910-7602</p> <p><a href="http://www.marketbuzz.ca">www.MarketBuzz.ca</a></p> <p>The post <a rel="nofollow" href="https://marketbuzz.ca/top-esports-stocks-draftkings-penn-alpha-esports-tech-and-skillz/">TOP ESPORTS STOCKS: DraftKings, Penn, Alpha Esports Tech and Skillz</a> appeared first on <a rel="nofollow" href="https://marketbuzz.ca">Market Buzz - Get informed about the companies early investors are buzzing about</a>.</p></body></html>
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