/biz/ - Business & Finance

>PLAY

Dave and Busters

I know what you are thinking. Why would this covid stricken stock even have a glimpse of a moon.

Dave and Busters has had opportunity to remain competitive during these trying times, yet no action has been taken. Arcade, restaurant, sports watching venue are the main amenities it offer, so what can they do to pander to a stay at home audience, while remaining true to their business model.

Sports betting.

You heard it here first folks, Dave and Busters will roll out a sports betting platform very soon into this year. Why so late? It takes time to create a platform and jump through the legal mumbo jumbo. And vaccine or not, life isnt gonna be normal for at least a year or two, plus with these new virus variants, there is risk we will be locked down for much longer. A sports betting platform would enable Dave and Busters to remain competitive in an unideal environment.

I think it is happening soon because looking at SEC filings, very recently, large institutional investors have been taking signficant stake in the company (Blackrock, Morgan Stanley, etc..)

Wanna know what else? Buffalo Wild Wings has a sports betting as an amenity. Dave and Busters is also updating their menu to bougie "new" American food. This looks like to me Dave and Busters is challenging Buffalo Wild Wings on being a top dog sports theme restaurant.

>PLAY

Dave and Busters

I know what you are thinking. Why would this covid stricken stock even have a glimpse of a moon.

Dave and Busters has had opportunity to remain competitive during these trying times, yet no action has been taken. Arcade, restaurant, sports watching venue are the main amenities it offer, so what can they do to pander to a stay at home audience, while remaining true to their business model.

Sports betting.

You heard it here first folks, Dave and Busters will roll out a sports betting platform very soon into this year. Why so late? It takes time to create a platform and jump through the legal mumbo jumbo. And vaccine or not, life isnt gonna be normal for at least a year or two, plus with these new virus variants, there is risk we will be locked down for much longer. A sports betting platform would enable Dave and Busters to remain competitive in an unideal environment.

I think it is happening soon because looking at SEC filings, very recently, large institutional investors have been taking signficant stake in the company (Blackrock, Morgan Stanley, etc..)

Wanna know what else? Buffalo Wild Wings has a sports betting as an amenity. Dave and Busters is also updating their menu to bougie "new" American food. This looks like to me Dave and Busters is challenging Buffalo Wild Wings on being a top dog sports theme restaurant.

PLAY Marketcap : 2B

Draft Kings MarketCap: 20B

>PLAY

Dave and Busters

I know what you are thinking. Why would this covid stricken stock even have a glimpse of a moon.

Dave and Busters has had opportunity to remain competitive during these trying times, yet no action has been taken. Arcade, restaurant, sports watching venue are the main amenities it offer, so what can they do to pander to a stay at home audience, while remaining true to their business model.

Sports betting.

You heard it here first folks, Dave and Busters will roll out a sports betting platform very soon into this year. Why so late? It takes time to create a platform and jump through the legal mumbo jumbo. And vaccine or not, life isnt gonna be normal for at least a year or two, plus with these new virus variants, there is risk we will be locked down for much longer. A sports betting platform would enable Dave and Busters to remain competitive in an unideal environment.

I think it is happening soon because looking at SEC filings, very recently, large institutional investors have been taking signficant stake in the company (Blackrock, Morgan Stanley, etc..)

Wanna know what else? Buffalo Wild Wings has a sports betting as an amenity. Dave and Busters is also updating their menu to bougie "new" American food. This looks like to me Dave and Busters is challenging Buffalo Wild Wings on being a top dog sports theme restaurant.