/biz/ - Business & Finance

>>50797680
Sounds like a gangbang

>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

I think a lot of people fail to see the unique opportunity for Dave and Busters in light of the pandemic.

Dave and Busters is an arcade chain, which obviously was hit hard by the pandemic. Despite the blow, they have been and still are financially stable, yet that isn't a good enough excuse to wave off the pandemic damage.

So besides an arcade/restaurant, what else can Dave and Busters offer to pander to a stay at home audience?

I don't have paper evidence, but one direction that came to my mind is by creating a sports betting platform. The more I think about it, the more and more sense it makes, in pandemic or out of pandemic.

Looked at their SEC filings, and some major institutions have been accumulating significant stake in PLAY. Blackrock, Morgan Stanley, Point 72, etc.

To me it sounds like a major announcement away from a moon mission.

>>24571646
old money no matter how old never smells.. a whole lot of em pumping in and ALBT has been pimping it right on. Gonna get my freak on and cream on

Holy shit... Base was the easiest 2x ever. Got my bags twice heavier and waiting on the next rebase today

With a tap into a 100T market, getting almost a first of kind announcement every week and to have weathered whale dumps like a boss ALBT is a definite blue chip this come alt season.