AND SWITCHING GEARS TO THE NFL
WORLD THIS WEEK'S TITANS
STEELERS GAME THIS WEEK
OFFICIALLY BEING RESCHEDULED
FOR LATER THIS SEASON. THAT'S
ACCORDING
TO ESPN. ORIGINALLY IT HAD BEEN
RUMORED THAT THE GAME
WOULD BE RESCHEDULED AS SOON AS
MONDAY THIS FOLLOWS 2 MORE
POSITIVE TESTS IN TENNESSEE.
ONE WAS A PLAYER ONE PERSONNEL
MEMBER. JOINING US NOW IS THE
LAW NO FOUNDER AND FINANCIAL
ADVISOR AND NEW STREET
ADVISORS. A LOT OF GREAT TO
HAVE YOU HERE WITH US TODAY,
LET'S TALK ABOUT THIS
POSTPONING GAMES IS IT STREAM
LEA RARE FOR
THE NFL. WHAT DOES THIS MOVE
MEANS FOR THE SPORTS BETTING
WORLD.
>> YEAH, BRAD AND I LOVE THAT
ARE MAKE NICE FALL, LOOK IT'S
GOOD TO SEE YOU
AS WELL AND IT IS PIVOTAL POINT
IN THE LEAGUE SO WHAT WE SEE IS
KIND OF FIRST CALL IT WHAT YOU
WANT IN A MINI OUTBREAK.
IT'S A BIT WORRISOME, BUT IT IS
A PIVOTAL POINT TO SEE HOW
THINGS ARE HANDLED AT THIS
POINT RIGHT SO WE HAVE THE
OUTBREAK WE HAD THE PLAYERS AS
WELL AS PERSONNEL
COVID AND I WANT TO SEE WHAT
MEASURES THE LEAGUE TAKES GOING
PORT POSTPONE IT WAS THE RIGHT
THING TO DO AND WE HAD TO DO
THAT THE LEAK HAD TO MAKE THAT
MOVE WHICH IF YOU MENTION IS A
RARE THANKFULLY TO DO, BUT I
WANT TO SEE WHAT MEASURES TAKEN
GOING FORWARD TO PROTECT
THE LEAGUE, THE PLAYERS AND THE
FANS I THINK IT'S A VERY
PIVOTAL POINT AT YOU AS YOU
MENTIONED THE WHEN IT COMES TO
BETTING WILL ALSO BE TAKEN TO
CALLING THIS IN FAST
AS WELL.
>> THE NFL RUN TIME IT'S A
SEASON THAT GOES INTO THE FALL
AND WINTER MONTHS AND THAT'S A
TIME WHERE
WE'VE HEARD MEDICAL OFFICIALS
HEALTH OFFICIALS WARN OF THE
POSSIBILITY OF A TWINDEMIC IF
WE WERE TO SEE THE FLU AND THE
CORONAVIRUS PANDEMIC COLLIDE
HOW IS THE NFL HAVE THEY PUT
TOGETHER ANY
TYPE OF FRAMEWORK OR
POSITIONING AROUND WHAT THEY'RE
GOING TO DO AHEAD OF SOME OF
THE COLDER MONTHS.
>> ONE THING WE TALKED ABOUT A
COUPLE MONTHS AGO IT IS REALLY
WHAT THE PLAN WOULD BE
I THINK PLAYERS WERE WORRIED IN
THE BEGINNING ABOUT WHAT THE
PLAN WOULD BE, BUT I THINK THE
NFL DID A LOT OF THINGS WE CAME
TO SAFETY THE PROTOCOLS THAT
MADE ALL THE PLAYERS VERY
COMFORTABLE WITH THE PLAN I
THINK QUARANTINING OBVIOUSLY
THE PEOPLE THAT HAVE THE
OPERATOR THE FIRST THING THAT
HAD TO BE WILL HAVE TO BE DONE
I THINK MAKING SURE THAT
TESTING REGULARLY IS DONE IS
THAT IS ANOTHER THING THAT
STILL SEEING THE LEAGUE TO DO A
GREAT JOB OF
THE TESTING AND ALSO MADE A
GOOD JOB PUTTING THEIR FOOT
DOWN AND CAME TO PLAYERS ARE
SEES ME WHEN IT CAME TO COACHES
THAT DID NOT HAVE MASK AND A
SILENT. I THINK IT WILL BE TOO.
THEY THREW OUT SOME FINES FOR
THOSE COACHES SO THEY HAVE PUT
THEIR FOOT DOWN AND MAKE SURE
THAT EVERYONE IS TAKING THIS
VERY VERY SERIOUSLY WE'RE
DEALING WITH THE PANDEMIC WE
HAVE TO MAKE SURE EVERYONE IS
ON BOARD TAKING CITIES AS WE GO
INTO THE
LATER MONTHS, WE'RE PLAYING IN
THE COLD WE'RE PLAYING IN THE
FALL AND WINTER WE WANT TO MAKE
SURE THAT WE'RE STILL KEEPING
THAT SAME LEVEL OF
COMFORTABILITY AND SAFETY AS WE
DID IN THE BEGINNING YOU DON'T
WANT TO SEE ANYONE FALL OFF IN
THOSE MATTERS.
>> LOOK WITH REGARD TO THE
CANCELLATION OF THESE GAMES OR
AT LEAST THE POSTPONEMENT I
SHOULD SAY OF THE NFL GAMES.
WE DO HAVE SOME STATEMENTS THAT
I WANT TO GET TO FROM
DRAFTKINGS AND FANDUEL ON ALL
OF THIS BREAKING DOWN WHAT THIS
MEANS FOR SPORTS BETTORS
HOW IMPORTANT IS THE NFL IN
PARTICULAR TO COMPANIES LIKE
DRAFTKINGS AND LIKE FANDUEL.
>> I THINK IT'S VERY IMPORTANT.
SO WHEN YOU LOOK AT THE STOCKS
AND GOT THAT JEFF KINGS AT
PENN. AN INCREDIBLE RUN THE
PAST
6 MONTHS BASED ON OPTIMISM
OF THOSE BETTING OF US BUT IN
THIS MARKET SHARE IS GROWING
YOU SEE DIFFERENT THINGS THAT
ARE BIRDS OF ACQUISITIONS
BUT THEY'RE VERY EXPENSIVE
STOCKS RIGHT SO AT THIS POINT
YOU HAVE TO ASK SO IF YOU'RE
INVESTED BIDEN NOW I THINK
THEY'RE ACTUALLY UP
YOU SAW DRAFTKINGS UP TODAY WHY
ARE YOU BY FOR MORE OF A
LONG-TERM PERSPECTIVE OR THE
MORE FOR OF A TREE BECAUSE IF
YOU'RE BUYING
FOR TRADE. THAT'S A STAND IT'S
A VERY EXPENSIVE STOCK TRACKING
THAT RAIN THAT OVER A 1000
TIMES P SO THESE ARE THINGS
AROUND LIKE A FORCE OF MYSELF
OF MY CLIENTS WERE NOT BUYING
AT THESE LEVEL RIGHT AWAY FOR
SOMETHING TO
PULL BACK. I THINK IS GREAT
MATERIAL WE LOOK AT THE
PROFESSIONAL SPORTS LEAGUES
THAT THEIR BIG VERY BASE ON THE
PROPOSED TO SUPPORT THESE
CONTINUING SO YOU KNOW HAVING A
MATERIAL THREAT TO ANY OF THESE
LEADS WILL BE YOU KNOW
SOMETHING THAT WE NOT GREAT FOR
THAT STOCK IN THE SHORT TERM,
BUT LONG TERM WE WOULD STILL BE
SOMETHING YOU HAVE TO WAIT AND
SEE.
>> AND THEN ADDITIONALLY HERE
AS WE ARE TALKING ABOUT THE
BETTING THINGS IS AROUND
THIS BROADER KIND OF SPORTS
EQUATION RIGHT NOW WE FIND
OURSELVES IF A GAME IS
CANCELED IF PLAYERS AND
RIGHTFULLY SO FOR SOCIAL RIGHTS
ISSUES SUCH AS WE HAD SEEN ON
THE
SOCCER PITCH. AND EARLIER IN
THE PLAYOFF SEASON FOR THE NBA
AS WELL IF THEY DO WALK OFF THE
FIELD WHAT THIS ALL MEANS FOR
SOME OF THE BETTING
AND BETTING
OPERATORS I SHOULD THERE'S ALSO
ACQUISITIONS EVEN TAKING PLACE
IN THIS SPACE RIGHT NOW.
ONE OF THOSE ACQUISITIONS
CAESARS
ACQUIRING WILLIAM AND SO WHAT
DO YOU MAKE OF THAT HOW DOES
THIS HELP THE CASINO IN THE
SPORTS BETTING BUSINESS.
>> YEAH, IT'S A GROWING AREA
RIGHT TO BURY GROWING AT ITS
BASE A LOT OF REGULATORY THINGS
ARE SEEING
THAT EXPANDING BUT ALSO BESIDE
THE PEOPLE'S INTEREST IN
BETTING ITS GROWING IT STARTED
YOU KNOW OF SEE BACK WITH YOU
KNOW YOU TALK FANTASY SPORTS,
DEFENDING HOW THAT'S GROWN THE
CASUAL VIEWER IS NOW ENTRENCHED
INTO THIS LEAGUE BASED ON
WHETHER IT'S YOU KNOW MONETARY
GAIN FROM A BAD WORD IS FROM A
FANTASY SPORTS PERSPECTIVE BUT
THE GROWING THIS YEAR SEEM
DIFFERENT PLACING MENTION THE
CAESARS
ENTERTAINMENT ACQUISITION.
WILLIAM HILL SO YOU SEE THE
PLAYERS UNDERSTAND THAT THEY
NEED TO POSITION THEMSELVES
CORRECTLY IN THIS COMPETITIVE
SPACE AND THAT SOMETHING
BIGGER SCENE BUT A LOT OF THE
FIRM'S OF THE GROUPS THAT ARE
DEALING WITH IT BUT YOU ALSO
MENTION IT'S VERY CONTINGENT ON
THE SPORTS
YOU WANT TO SEE ITS STOCK TO
THE MOMENTUM DRIVEN SO FAR NO
THE VALUATIONS ARE LITTLE BIT
ASKEW TO THE BILL PRETTY
MOMENTUM DRIVEN BUT I'VE SEEN
OUR BEST IS GOING TO BE SHAKEN
BY SOMETHING LIKE
SPORTS LEAGUE HAVING TO
POSTPONE FOR A DECENT AMOUNT OF
TIME WHAT WILL THAT SHAKE SET
SOMETHING UP WATCHING CAREFULLY
FOR ITS UNDERSTAND OR INVESTORS
TRADING THE TRAIN AT THESE
LEVELS BECAUSE THERE ARE A KIND
OF QUITE HIGH VALUATIONS FOR A
LOT OF
THESE NAMES.
>> IS IS GAMBLING ON THE
SIMILAR TO SOME OTHER ISSUES
GOING INTO THIS ELECTION AND
COULD THAT ADVANCE
THE OPPORTUNITIES FOR SOME OF
THESE VERY OPERATORS DRAFTKINGS
FANDUEL WILLIAM HILL CAESARS.
>> 100 SAID I WOULD SAY I WOULD
WANT TO KNOW YOU KNOW THAT
WOULD BE VERY INTERESTING.
NO WHAT ITS SIDE THINKS WHEN IT
COMES TO YOU KNOW BETTY AND
EXPANDING THE REGULATORY
ABILITY FOR PEOPLE TO BETTER
RIGHT NOW SO THAT IS ACTUALLY
SOMETHING THAT WOULD BE VERY
TAKE CARE IF YOU'RE AN INVESTOR
DEFINITE WANT TO KNOW THAT
THOSE REGULATIONS ARE
TAKING PLACE IN NOVEMBER, THE
BAD WEATHER WINDS AND OBVIOUSLY
THEY'LL BE A LOT OF RED TAPE TO
GO THROUGH BUT THESE ARE
REGULATION BUT YOU WANT TO
UNDERSTAND IS THE BETTER THE
HAS A YOU KNOW THE MONETARY
INTEREST IN ANY OF THESE NAMES.
>> IF THAT IS THE CASE THEN DO
YOU THINK THAT WE SEE MORE
CONSOLIDATION IN THIS INDUSTRY
AND WHAT DOES THAT MEAN FOR
SOME OF INVESTORS.
>> I WOULD SAY THAT YOU WOULD
SEE SOME MORE IT'S A PLACE
WHERE MARKET
SHARE IS HUGELY. SO YOU KNOW
EVERYONE WANTS TO HAVE BIBLES
EVERYONE TO HAVE
ALL THE PLAYERS IN THE BETTER
ON THEIR APPS ON THEIR PLATFORM
IN THE LEGAL SYSTEM SO YOU'RE
GOING
TO SEE BOARD MEMBERS
ACQUISITIONS LIKE SO IN THIS
AREA WE SAW WITH THE SEAS ARE
TAME A
BID BECAUSE YOU WANT TO HAVE AS
MANY PLAYERS BUT AS MARKETERS
AND WHETHER THE MAIN DRIVERS IN
THIS RIGHT SO YOU'RE GOING TO
SEE MORE OF THAT AND PUT IT
BEST OR WHAT I UNDERSTAND KNOW
WHO HAS CAST TO BE ABLE
TO MAKE THESE ARE GOING TO
ISSUE STOCK WEBCAST WILL MAKE
THESE BIDS WHERE THE AREAS
WHERE THE MARKET SHARE TO GROW
FOR CERTAIN NAMES SO THE BEST
YOU WANT TO HAVE A SOLID
FRAMEWORK FOR INVESTING TO
UNDERSTAND WHAT YOU'RE GETTING
OUT OF THESE ACQUISITIONS THAT
COME
GOING FORWARD.
>> DELANO ALWAYS A PLEASURE TO