Posts Tagged ‘professional sports betting software’

Microsoft CRM Plays Up Gamification in FantasySalesTeam Deal

Microsoft Dynamics CRM will be adding a sales gamification component to its fall release, which is expected to be generally available before the end of this year.

The company will be incorporating the gamification functionality it is getting from its acquisition of Incent Games Inc., the developer and owner of FantasySalesTeam.

Microsoft announced the deal on today in a blog post.

Before it makes its way into the next Dynamics CRM release, though, Microsoft plans to pilot it internally first. It will also make a preview version available.

Terms of the deal were not released.

This is Microsoft Dynamics CRM’s first foray into sales gamification, Param Kahlon, Microsoft’s partner group and CRM program manager, told CMSWire.

“It is a feature that sits very nicely in the CRM world for us,” he said. It also meshes with Microsoft’s overall focus on productivity, especially in the last year, he added.

The Case for Sales Gamification

Briefly, for the uninitiated, sales gamification applies typical features or tactics used in gaming to the sales process. These features usually are leaderboards and prizes and occasionally — as we shall see in a moment — team-building.

The point is to encourage friendly competition and collaboration among sales reps to motivate them to sell more and drive revenue for the company. And if the company participants have a little fun and find their work that much more engaging, then so much the better.

It is a small but burgeoning niche in sales tech, as well as, for that matter, other software categories such as human resources and education.

CRM companies that also provide gamification products or features include CallidusCloud‘s sales gamification feature; Hoopla sales-gamification; InsideSales.com, which also has a gamification product and LevelEleven.

Most of these companies have made gamification part of a larger sales enablement platform.

In the case of InsideSales.com, the company is branching out into predictive analytics as its acquisition of C9 last March shows.

Whatever their corporate strategy, though, these firms remain true to the concept of gamification as a significant enabler of sales. Bryce Leishman of InsideSales described its benefits in a blog post earlier this year.

“Sales gamification remains one of the most effective ways of driving incredible levels of productivity,” he wrote.

“Studies show that when organizations implement game features, like leaderboards and challenges, into their workflow, reps do more of what they’re supposed to and system utilization increases 40 percent to 50 percent. This, in turn, can cause a 10 percent lift in sales.”

Gamification is a good way to encourage a sales team to adopt a CRM application, Microsoft’s Kahlon said. “We all know about CRM applications that are purchased but never fully adopted internally. Gamification can drive the adoption process with a carrot, not a stick.”

A Focus on Team Building

To be fair, gamification does have its share of critics. One commonly voiced critique is that it seems so, well, fake.

Another is that it is cannibalistic, or at least demoralizing to the, well, losers.

That is where FantasySalesTeam is different, Adam Hollander, founder of FantasySalesTeam, told CMSWire.

With traditional sales gamification approaches, “the same top performers just win over and over,” he said. “That just demotivates and frustrates the rest of the sales team.”

FantasySalesTeam is structured so the entire company is “betting” on a team of sales rep. “We wanted the entire company to be invested in their success.” It also encourages collaboration as the company and the sales teams cheer on — and perhaps offer tips to — their colleagues, he said.

This team-building approach is what intrigued Microsoft, not only just because it makes intuitive sense, but also because it is relatively rare in sales gamification, Kahlon said.

“This is a unique approach — applying variety sports and team dynamics to sales gamification,” he said.

Article source: http://www.cmswire.com/social-business/microsoft-crm-plays-up-gamification-in-fantasysalesteam-deal/

PNRA, BWLD, TWTR, YELP: Jim Cramer’s Views

NEW YORK (Real Money) — Jim Cramer shares his views every day on RealMoney. Click here for a real-time look at his insights and musings.


Expectations, Great and Otherwise, Rule the Market

Posted at 4:14 p.m. EDT on Wednesday, July 29, 2015

When I got into this business the only thing I knew about “Great Expectations” was that I had to read that Charles Dickens tome in seventh grade and hated it.

Must Read: Warren Buffett’s Top 10 Stock Buys 

But once I got schooled in the way stocks go up and down, I realized that Great Expectations or Poor Expectations, for that matter, often determine where a stock or even a whole market can go, as we saw today.

Let me give you some classic examples. Almost everyone knows or has eaten at a Panera Bread  (PNRA – Get Report) or a Buffalo Wild Wings  (BWLD). Oftentimes that inspires buying shares in the stocks. I can’t blame anyone for doing that. I like the Asian Chicken salad at my Panera, low calories even as I sneak that big chunk of bread along with it. Every year I try to catch an NFL game at a Buffalo Wild Wings. We even threw a terrific staff party there not that long ago and are due for another one, although I put the real blow-torch sauce on the wings I got last time, which was too hot. It didn’t matter, though, because I had a lot of those wings that are the tiny kind, so you didn’t need a fire extinguisher to put the conflagration that raged in mouth for the next 36 hours.

But buying shares of a stock are different for you or me than it is for the big institutions that need to buy hundreds of thousands if not millions of shares of stock. They don’t just like the sandwich or the wings and say, “Let me buy 100 shares.”

They check to see what the company has been saying. Maybe they even meet with the company. They read all the research from all the different firms on the street. And they assess the expectations.

So, let me just say point blank that the expectations for these two stocks were about as low as you could get. Indeed, there was lots of talk about how things had gotten worse at both companies and that sales would fall short. The stocks seemed inflated given worries about food inflation. Panera had screwed up a bunch of times and there had been a loss of faith. Buffalo Wild Wings had to lap some really big sports events and wing prices have gone sky high.

So, when Panera today reported a number that really wasn’t all that good but said that its new rollout of Panera 2.0 is going well, suddenly the people who paid attention to the expectations and were negative on Panera had their eyes opened and decided they had to own it. Just on that one line. Plus 10% of the stock was sold short, and the short sellers who were betting on a real big shortfall didn’t get it. That’s a combustible combination, and it’s how a stock can jump as much as it did. Yeah, it wasn’t a brand-new Thai Chicken Wrap and a better-tasting roll. It was the expectations.

Buffalo Wild Wings was even wilder. Here’s a situation where the big accounts, the ones that want a restaurant company with profitable growth, didn’t care about BDubs at all. Meanwhile, 13% of the stock was sold short largely because there had been an expectation that rising wing prices would kill profitability. Plus, the last quarter was terrible and, yes, the chart was hideous. There were simply no reasons to own this one at all.

So, when the company reported and, get this, the number wasn’t even that good, you figured it would give up the gains it has made since that last bad quarter and then some. Nope. Because the comparable- store sales are getting ever so slightly better — something that wasn’t in the Poor Expectations script at all — the stock rocked.

Now, I don’t think either of these two moves would have occurred if Chipotle CMG hadn’t run some 120 points from the bottom and gotten all sorts of love on the way up after its last quarter. Some of these institutions know that some of the negative analysts on Buffalo Wild Wings and Panera will have to go positive, and that could give you a terrific second-day boost. Yes, that’s how low expectations really were. Watch analysts upgrade it tomorrow.

Oh, and it didn’t hurt the short bash cause that Shake Shack  (SHAK) soared more than 12% today on the insider lock-up expiration. Here there were tremendous expectations that many insiders would sell and the stock would come down on it. Guess what — I think there were fewer sellers than you see at lunch time at a typical Shack. They gave a sell party and almost nobody showed up. Sure, the stock is overvalued versus the others in its cohort. Nevertheless, those who bet against the stock were not rewarded with lots of insiders bailing. You could call it a good short spoiled.

We saw this same poor expectations phenomenon yesterday when United Parcel Service  (UPS) and Norfolk Southern  (NSC) both reported numbers that, a year ago, would have been incredibly disappointing, but had gotten ever-so-slightly better after repeated estimate revisions downward. They are up again.

Now let’s talk Great Expectations. One of the fastest-growing companies on earth, Tableau Software  (DATA), a company that offers business analytics for companies trying to plot strategies, saw its stock  obliterated today on what looked like a monster good quarter, one that showed a revenue increase of an astounding 65%, topping expectations by $9 million on a $141 million basis. Holy moly, that’s fabulous. So, how in heck could this stock be down 15%?

Because all of the analysts I know who love this company — and they do love it — were hoping for even more. They wanted to see 70% growth. They wanted to see at least a $15 million revenue beat. Maybe more. They were totally deflated. Now, every single analyst said to use the weakness to buy. Nobody broke ranks. They raised estimates as they had to. However, the fabulous “better than expected” story is now out of gas because the stock sold at 67x earnings, among the most expensive stocks in the universe.

It was the best of times for Panera and Buffalo Wild Wings and it was the worst of times for Tableau Software even as Panera and BWLD have been disappointing and Tableau has been a standout.

Now we have great and poor expectations being set on more than just stocks. There were poor expectations about the Fed’s statements today, people betting that the Fed would get tough on rates. The Fed did same old same old and the poor expectations were unrealized.

There were poor expectations for the oil market, and yet in the afternoon we got a wire story that the Saudis, who are pumping like mad, will cut back on supply at the end of the summer. That’s exactly what Core Labs  (CLB) CEO David Demshur told us had to happen because its wells would soon be spoiled by water floods. Demshur, who runs a company known as the best at finding oil and understanding the way oil pumping works, knew exactly what he was talking about, and I wouldn’t be surprised if this story is proven true — that the poor expectations for oil turn out to be too poor and oil starts going back and taking the stocks back with them.

Yep, it is all about expectations, and as long as you know what they are you can understand what would otherwise be stupendously counterintuitive moves. Panera and Buffalo Wild Wings didn’t deliver fabulous quarters — they were simply not bad enough to bring out sellers. Tableau Software reported an amazing quarter. Sadly for Tableau shareholders, it just wasn’t amazing enough.

At the time of publication, Action Alerts PLUS, which Cramer co-manages as a charitable trust, had no positions in the stocks mentioned.


Posted at 7:06 a.m. EDT on Wednesday, July 20, 2015

Yes, both Twitter  (TWTR – Get Report) and Yelp  (YELP) were disappointing. Yes, I found myself thinking, oh man, are these two companies in trouble. Indeed, I think the conference calls were horrendous with one, Yelp, in total denial about what’s going wrong and two, Twitter, just throwing itself on its own funeral pyre and begging you to light its fire — which is what will happen in today’s trading.

I hesitate to lump these two together. One seems to be in total secular decline — Yelp, where the competition is getting thick, the algorithms deadly (Google  (GOOGL) seems to have made it so that its own hodgepodge of reviews takes hegemony) — and the value proposition for advertisers no more than what some wags would deem a protection racket against bad reviews.

The other, Twitter, seems to be in existential decline. The executives went from embracing what previous CEO Dick Costolo was working on — remember that fabled interview with David Faber on CNBC where interim CEO Jack Dorsey said he liked everything that was being done by Costolo? — to a total repudiation of Costolo and everything that he was trying to do to boost user engagement.

Yelp’s actually doing badly, missing numbers, not growing, getting out of advertising campaigns and going the way of Myspace. Twitter’s actually NOT doing badly, at least financially, but if you listened to the call all you could think of is “these guys are telling me to sell and telling me to sell ahead of the massive stock grants no doubt destined for insider selling that they are giving everyone and his brother, $750 million to $790 million vs. capital expenditures of $450 to $550 million.”

Yelp made you feel that Jeremy Stoppelman is desperate for a banker to put some lipstick on this pig, to hark back to the bad old days. He’s got no game domestically and less game internationally, giving away a free service that he wants advertisers to pony up for who don’t need it and can’t possibly demonstrate a rate of return for their investment.

Twitter, on the other hand, is monetizing like mad, but it is doing so for a smaller growing audience that at this rate could be shrinking by this quarter. If I could see them face to face, I would say as a portfolio manager I like General Mills  (GIS) more than you guys, because it is growing faster, the value proposition is simpler and I get a good dividend.

Now let me be clear; for the two, I see little hope that Yelp can turn around without massive layoffs and  much cheaper ad rates, plus something that’s far more pro-user than just constantly slotting whoever is paying up for their reviews. I think the model of advertising in order to mitigate bad reviews isn’t paying off anymore, because there are too many reviews everywhere anyway.

Twitter, however, still has a shot because there are so many big tweeters who want to keep it alive to build their brands. But it is a hopeless sea of confusion if you just want to follow people or topics, and they’ve done nothing to improve that.

Twitter just needs to be more like the old Time Magazine, People Magazine, and Sports Illustrated, with some enthusiast publications for menus, guns, gardening, etc thrown in. It’s got to be organized the way the readers want it, not the way the computer science guys who obviously have no real lives want it.

They can figure that out, but they have to hit a major reset. It’s almost as if they should shut it for renovations and re-open it anew six months from now with some Blue Light specials to draw you back in. Not hopeless. But not something you would think of paying $23 billion for.

I think both these companies blew it. They were big companies that became small. They were companies that could have grown into their monster market capitalizations the way salesforce.com  (CRM) or Netflix  (NFLX) or Google did, had they kept inventing and thinking about value propositions.

Neither did. They deserved what they were selling for, and then they didn’t, and it’s their own darned fault. Credit Twitter management for repudiating what it said just a few months ago about no need to change. But dismiss them as the ones that can possibly change it. They are too down on themselves, too miserable, too unwitting, and too un-TV, un-journalism, un-thinking to figure it out. Give it to Starbucks  (SBUX), give it to ESPN, give it to someone who knows how to stimulate and keep demand.

But not to these guys .They are too angry and too defeated to figure it out.

Article source: http://www.thestreet.com/story/13240543/1/pnra-bwld-twtr-yelp-jim-cramers-views.html

What you may have missed from the week in business




FANTASY SPORTS

DraftKings gets a $300 million boost

Jon Chomitz/Globe Photo/File 2013

Draft Kings principals.

As nearly 16 million fans continue to wager on their fantasy sports teams, funders are betting on DraftKings in a big way. The fantasy sports website secured $300 million in funding, with a substantial dent from Fox Sports’ investment of $150 million for an 11 percent stake, the company announced Monday. Owners of the New England Patriots Kraft Group, Boston financial giant Wellington Management, and various other sports leagues and franchises also hopped into the deal. The money will go toward the company’s expansion into England later this year and a technological buildup.

TECHNOLOGY

Intel to shutter, tear down Hudson plant

A Hudson manufacturing plant used to be called “fab.” Now, Intel has decided its 600,000-square-foot microchip factory is out of style and not even worth selling. In early 2016, the California technology company will tear down the building that it bought from Maynard computer maker Digital Equipment Corp. in 1997 to make low-end silicon products that are now considered out of sync with modern technologies in other Intel plants. In 2013, Intel announced the shutdown of Hudson fab, eliminating 700 jobs, and began looking for a buyer, to no avail.

OLYMPICS

Boston’s dreams end

Dina Rudick/Globe Staff

Mayor Martin Walsh at Monday’s news conference, where he said he would not “mortgage the future of the city away” to secure the 2024 Olympics.

Continue reading below

The thrill of victory was supplanted by the agony of defeat when Boston’s improbable bid to host the 2024 Summer Games was suddenly silenced Monday. Mayor Martin J. Walsh declared that he was not prepared to sign a blank check of city taxpayer money if the local Olympic organizers ran out. After an unsuccessful seven-month sales effort, the local organizers and the US Olympic Committee both agreed to pull the bid. Now, eyes are turning to Los Angeles, as the city assumes the position of most likely contender for the US bid.

DEVELOPMENT

New Kendall Square envisioned with $1.2 billion MIT plan

Pat Greenhouse/Globe Staff

Site of the proposed Kendall Square development.

Kendall Square has some of the most expensive rents on the East Coast, close to no vacant office space, and severely limited available housing. The Massachusetts Institute of Technology hopes to change that. The university launched an effort to turn the business district into a neighborhood that can meet intensifying demand for housing, offices, and research space. After six years of design and planning, the school submitted a $1.2 billion proposal to Cambridge City Hall on Tuesday for six new buildings on the parking lots along Main Street that will serve as academic, business, and housing spaces. If the city approves the plan, the school could begin construction as soon as next year and complete the project in six to 10 years.

REAL ESTATE

Home sales rise on the rise

House hunters in the Boston area may be able to breathe a sigh of relief. June home sales climbed to their highest level in a decade, pushed by pent-up demand and a swell of new listings. Bostonians mangled in the competitive open houses and bid wars of the past might be able to catch a break as the number of single-family homes sold in the state soared by 11.4 percent from June 2014, according to the real-estate tracking firm Warren Group. While prices only rose modestly, there were the largest number of homes sold in any month since August 2005, at 6,457. Condo sales also rose 15 percent from last year, making June the best month since August 2007.

TECHNOLOGY

Microsoft launches Windows 10

John Stillwell/PA Wire

A look at the Windows 10 operating system.

After a disappointing release of Windows 8 software in 2012, Microsoft’s release of the new Windows 10 operating system Wednesday was greeted with enthusiasm by most reviewers, including the Globe’s Hiawatha Bray. It helps that the software is free and undoes most of the mistakes of Windows 8. Windows 10 offers an interface that works well on tablets and laptops, a Siri-like personal assistant, and the return of everyone’s favorite Start button.

TECHNOLOGY

Hubbub at HubSpot

HubSpot, one of the darlings of Boston’s tech community, found itself in an uncomfortable spotlight Wednesday after firing chief marketing officer Mike Volpe and sanctioning chief executive Brian Halligan over their as-yet-undisclosed efforts to get a draft of an upcoming book about the company. Dan Lyons, well known in tech circles for his “Fake Steve Jobs” blog that parodied the Apple cofounder and as a writer on the “Silicon Valley” television series, took a job at HubSpot, left, and penned a book billed as his “Misadventures in the Startup Bubble.” What’s in the book? The publisher’s description says it describes how “shower pods became hook-up dens” and “Nerf gun fights broke out at lunch.” At least more people now understand what HubSpot does: teach businesses how to use the tools of social media to connect with customers.

DEVELOPMENT

The tower formerly known as Hancock

Jonathan Wiggs/Globe Staff/File

200 Clarendon, formerly known as the John Hancock Tower.

For Boston Properties Inc., it isn’t what is in a name but what name it isn’t. The company can no longer call New England’s tallest building — which it bought for $930 million — the John Hancock Tower. The financial service company John Hancock built the 62-story Back Bay tower almost four decades ago, but the business moved its headquarters to the Seaport in 2004 and its lease to its former home expired earlier this year. Legal documents stipulated that the name stay put as long as the company was still housed in the building. Boston Properties now calls the sleek glass tower 200 Clarendon. The low-rise part of the building will be 120 St. James to lure tech tenants. You can call it whatever you want.

SHOPPING

Boston Public Market opens

Pat Greenhouse/Globe Staff

Governor Charlie Baker and Mayor Martin J. Walsh participated in the ribbon-cutting ceremony.

After decades of planning and a $13 million investment, Boston Public Market opened its doors Thursday to a crowd of enthusiastic customers clamoring over a smorgasbord of fresh produce, bread, fish, cheese, doughnuts, ice cream, and lobsters in the 28,000-square-foot, industrial, brightly lit space above the Haymarket T station adjacent to the Greenway. The new market, with 37 vendors, is the city’s only indoor, year-round public market with products produced and farmed in New England, filling a hole in Boston’s burgeoning food scene. It will be open Wednesday through Sunday from 8 a.m. to 8 p.m.

EXERCISE

SoulCycle going public

SoulCycle

SoulCycle’s Chestnut Hill facility.

Wall Street will test the endurance of indoor cycling chain SoulCycle. The New York company filed to go public Thursday. Although the business hopes to raise at most $100 million, it did not announce the number of shares it will offer or the price of each share. Last month, chief operating officer Melanie Whelan replaced cofounders Elizabeth Cutler and Julie Rice as chief executive. In 2006, Rice and Cutler launched the first studio in New York and grew the company to 38 studios across the country, each one bringing in about $4 million a year. SoulCycle has hopes to expand to as many as 250 studios. Each one-hour class costs about $35.

Article source: https://www.bostonglobe.com/business/2015/07/31/ten-things-you-may-have-missed-this-week-from-world-business/TboUzzxUytv6KDRhS5DxYI/story.html

What you may have missed from the week in business




FANTASY SPORTS

DraftKings gets a $300 million boost

Jon Chomitz/Globe Photo/File 2013

Draft Kings principals.

As nearly 16 million fans continue to wager on their fantasy sports teams, funders are betting on DraftKings in a big way. The fantasy sports website secured $300 million in funding, with a substantial dent from Fox Sports’ investment of $150 million for an 11 percent stake, the company announced Monday. Owners of the New England Patriots Kraft Group, Boston financial giant Wellington Management, and various other sports leagues and franchises also hopped into the deal. The money will go toward the company’s expansion into England later this year and a technological buildup.

TECHNOLOGY

Intel to shutter, tear down Hudson plant

A Hudson manufacturing plant used to be called “fab.” Now, Intel has decided its 600,000-square-foot microchip factory is out of style and not even worth selling. In early 2016, the California technology company will tear down the building that it bought from Maynard computer maker Digital Equipment Corp. in 1997 to make low-end silicon products that are now considered out of sync with modern technologies in other Intel plants. In 2013, Intel announced the shutdown of Hudson fab, eliminating 700 jobs, and began looking for a buyer, to no avail.

OLYMPICS

Boston’s dreams end

Dina Rudick/Globe Staff

Mayor Martin Walsh at Monday’s news conference, where he said he would not “mortgage the future of the city away” to secure the 2024 Olympics.

Continue reading below

The thrill of victory was supplanted by the agony of defeat when Boston’s improbable bid to host the 2024 Summer Games was suddenly silenced Monday. Mayor Martin J. Walsh declared that he was not prepared to sign a blank check of city taxpayer money if the local Olympic organizers ran out. After an unsuccessful seven-month sales effort, the local organizers and the US Olympic Committee both agreed to pull the bid. Now, eyes are turning to Los Angeles, as the city assumes the position of most likely contender for the US bid.

DEVELOPMENT

New Kendall Square envisioned with $1.2 billion MIT plan

Pat Greenhouse/Globe Staff

Site of the proposed Kendall Square development.

Kendall Square has some of the most expensive rents on the East Coast, close to no vacant office space, and severely limited available housing. The Massachusetts Institute of Technology hopes to change that. The university launched an effort to turn the business district into a neighborhood that can meet intensifying demand for housing, offices, and research space. After six years of design and planning, the school submitted a $1.2 billion proposal to Cambridge City Hall on Tuesday for six new buildings on the parking lots along Main Street that will serve as academic, business, and housing spaces. If the city approves the plan, the school could begin construction as soon as next year and complete the project in six to 10 years.

REAL ESTATE

Home sales rise on the rise

House hunters in the Boston area may be able to breathe a sigh of relief. June home sales climbed to their highest level in a decade, pushed by pent-up demand and a swell of new listings. Bostonians mangled in the competitive open houses and bid wars of the past might be able to catch a break as the number of single-family homes sold in the state soared by 11.4 percent from June 2014, according to the real-estate tracking firm Warren Group. While prices only rose modestly, there were the largest number of homes sold in any month since August 2005, at 6,457. Condo sales also rose 15 percent from last year, making June the best month since August 2007.

TECHNOLOGY

Microsoft launches Windows 10

John Stillwell/PA Wire

A look at the Windows 10 operating system.

After a disappointing release of Windows 8 software in 2012, Microsoft’s release of the new Windows 10 operating system Wednesday was greeted with enthusiasm by most reviewers, including the Globe’s Hiawatha Bray. It helps that the software is free and undoes most of the mistakes of Windows 8. Windows 10 offers an interface that works well on tablets and laptops, a Siri-like personal assistant, and the return of everyone’s favorite Start button.

TECHNOLOGY

Hubbub at HubSpot

HubSpot, one of the darlings of Boston’s tech community, found itself in an uncomfortable spotlight Wednesday after firing chief marketing officer Mike Volpe and sanctioning chief executive Brian Halligan over their as-yet-undisclosed efforts to get a draft of an upcoming book about the company. Dan Lyons, well known in tech circles for his “Fake Steve Jobs” blog that parodied the Apple cofounder and as a writer on the “Silicon Valley” television series, took a job at HubSpot, left, and penned a book billed as his “Misadventures in the Startup Bubble.” What’s in the book? The publisher’s description says it describes how “shower pods became hook-up dens” and “Nerf gun fights broke out at lunch.” At least more people now understand what HubSpot does: teach businesses how to use the tools of social media to connect with customers.

DEVELOPMENT

The tower formerly known as Hancock

Jonathan Wiggs/Globe Staff/File

200 Clarendon, formerly known as the John Hancock Tower.

For Boston Properties Inc., it isn’t what is in a name but what name it isn’t. The company can no longer call New England’s tallest building — which it bought for $930 million — the John Hancock Tower. The financial service company John Hancock built the 62-story Back Bay tower almost four decades ago, but the business moved its headquarters to the Seaport in 2004 and its lease to its former home expired earlier this year. Legal documents stipulated that the name stay put as long as the company was still housed in the building. Boston Properties now calls the sleek glass tower 200 Clarendon. The low-rise part of the building will be 120 St. James to lure tech tenants. You can call it whatever you want.

SHOPPING

Boston Public Market opens

Pat Greenhouse/Globe Staff

Governor Charlie Baker and Mayor Martin J. Walsh participated in the ribbon-cutting ceremony.

After decades of planning and a $13 million investment, Boston Public Market opened its doors Thursday to a crowd of enthusiastic customers clamoring over a smorgasbord of fresh produce, bread, fish, cheese, doughnuts, ice cream, and lobsters in the 28,000-square-foot, industrial, brightly lit space above the Haymarket T station adjacent to the Greenway. The new market, with 37 vendors, is the city’s only indoor, year-round public market with products produced and farmed in New England, filling a hole in Boston’s burgeoning food scene. It will be open Wednesday through Sunday from 8 a.m. to 8 p.m.

EXERCISE

SoulCycle going public

SoulCycle

SoulCycle’s Chestnut Hill facility.

Wall Street will test the endurance of indoor cycling chain SoulCycle. The New York company filed to go public Thursday. Although the business hopes to raise at most $100 million, it did not announce the number of shares it will offer or the price of each share. Last month, chief operating officer Melanie Whelan replaced cofounders Elizabeth Cutler and Julie Rice as chief executive. In 2006, Rice and Cutler launched the first studio in New York and grew the company to 38 studios across the country, each one bringing in about $4 million a year. SoulCycle has hopes to expand to as many as 250 studios. Each one-hour class costs about $35.

Article source: https://www.bostonglobe.com/business/2015/07/31/ten-things-you-may-have-missed-this-week-from-world-business/TboUzzxUytv6KDRhS5DxYI/story.html

Skip the queue for Toto and 4-D bets?

Punters could soon save themselves the hassle of queueing to place Toto and 4-D bets over the Singapore Pools counter.

The lottery operator is looking into using self-service kiosks.

Separately, The Straits Times understands that Singapore Pools is also looking to allow punters to place not only sports but also lottery bets through a new betting website that is expected to be up and running next April.

It told The Straits Times that it has been thinking about offering self-service at its outlets “for some time now”.

“This is primarily due to the shortage of manpower in Singapore for the past several years,” said a spokesman. “However, this is something we have to study in more detail to see if our customers would be receptive given that they are used to counter service for many years.”

AVOIDING THE LINES

I’ve just started using a smartphone and so may have some difficulty getting used to buying bets through the phone. But if it means I don’t have to queue, I guess no harm learning.

MADAM CHUA SIEW MUI, 67, a housewife who has been placing Toto and 4-D bets for more than a decade

The Straits Times understands that the lottery operator has designers working on a self-service outlet which does not offer over-the-counter service, and eliminates the need for physical betting slips.

For decades, people have had to head to the lottery operator’s 300 retail outlets islandwide to take part in the Toto and 4-D lottery draws.

Those who have signed up as members of Singapore Pools’ phone betting system can also call the hotline to place bets.

Housewife Chua Siew Mui, 67, who has been placing Toto and 4-D bets for more than a decade, said in Mandarin: “I’ve just started using a smartphone and so may have some difficulty getting used to buying bets through the phone.

“But if it means I don’t have to queue, I guess no harm learning.”

The United States, Australia and China already have self-service lottery kiosks.

Even as Singapore Pools considers self-service betting, it is waiting to see if it gets the go-ahead from the Ministry of Home Affairs (MHA) to be exempted from laws that curb online betting so that it can offer online betting services.

The Straits Times reported that Singapore Pools and Singapore Turf Club applied last month to be exempted under the Remote Gambling Act, ahead of the deadline that expires today.

The MHA told The Straits Times that the applications will take nine to 12 months to evaluate, based on “strict” criteria.

According to documents obtained by The Straits Times, Singapore Pools also wants to allow people to place sports and lottery bets through their online accounts. Members will be able to top up their betting accounts at any time of the day, with all winnings to be transferred to designated bank accounts.

A steering committee, led by Singapore Pools chief executive Seah Chin Siong, is now working with British online gambling software provider OpenBet to get the revamped betting website ready by April. This is to ensure that the lottery operator can start taking online bets in time for the Euro 2016 football championships in June.

The Singapore Pools spokesman would say only that until the outcome of their application for exemption is known, “it is premature for us to comment on plans for remote betting”.

Article source: http://www.straitstimes.com/singapore/skip-the-queue-for-toto-and-4-d-bets

MIT cracks Tor anonymity network and identifies hidden servers with 88% accuracy

Computer scientists from MIT and the Qatar Computing Research Institute (QCRI) have demonstrated a security vulnerability affecting the Tor anonymity network that makes it possible to identify hidden servers with up to 88% accuracy.

Tor (from The Onion Router project) is the name for software that anonymises and redirects internet traffic through a worldwide network of relays comprised of volunteers who set up their computers as Tor nodes.

Because the data travelling between two nodes only contains the details of those nodes, the source and final destination are effectively anonymised and protected from interception.

In July 2014, the Russian government announced that it would pay its citizens to obtain technical information about users and the equipment used on the Tor anonymous network — undoubtedly they would find this most interesting.

What is Tor?

Tor enables hosting of websites that are not discoverable by conventional means such as through a Google or Bing search, or through directly entering a website URL.

These hidden sites form part of the Dark Web, which is perfect for cybercriminals, who put thousands of goods and services for sale on secret underground marketplaces, which include illegal drugs, chemicals, firearms and counterfeit goods, as well as adverts for services such as hacking, gambling and sports betting.

There are currently about 5,000 Tor servers worldwide operated by volunteers, and Tor is used by a wide range of people – from regular citizens concerned about their online privacy, to journalists, lawyers, human rights activists and hackers.

To access these sites and the Tor network a user will need a specialised Tor browser, or Tor plug-ins for their standard browser. The user will also often need to know the dark website address they wish to reach, which themselves can be searched for on traditional websites maintaining lists of dark web sites.

Using traffic fingerprinting to crack anonymity

A computer that has been set up as a Tor node is known as a “guard”, and when it receives a web request wrapped in several layers of encryption, its job is to peel off the first layer of encryption and forward the request to another computer on the network that has been randomly selected.

The Tor nodes have a lot of data passing back and forth between them in a circuit for each request, and the researchers found that by looking for patterns in the number of packets passing in each direction through a guard, the computer algorithms they designed could determine what sort of traffic was passing through with 99% accuracy.

The researchers found that even without breaking Tor’s encryption, they could tell whether a circuit was for a regular web browsing request, an introduction point (which gives a user access to a hidden website) or a rendezvous point, which is used when another user wants to connect to the same hidden website at the same time as the first user.

Detecting a server’s location through analysing traffic

And if someone, like the FBI, for example, wanted to find the location of a server hosting a hidden site and they set up their computer as a Tor node, if that computer happened to be picked as the guard for a web request to access a hidden website like an underground marketplace, then it would be possible to identify the service’s host with an 88% accuracy.

The researchers intend to present a paper on their results at the 24th Usenix Security Symposium in Washington DC on 12-14 August.

“We recommend that [Tor’s creators] mask the sequences so that all the sequences look the same. You send dummy packets to make all five types of circuits look similar,” said Mashael Al-Sabah, an assistant professor of computer science at Qatar University and co-author of the paper.

“For a while, we’ve been aware that circuit fingerprinting is a big issue for hidden services. This paper showed that it’s possible to do it passively — but it still requires an attacker to have a foot in the network and to gather data for a certain period of time,” said says David Goulet, a developer with the Tor project.

“We are considering their countermeasures as a potential improvement to the hidden service, but I think we need more concrete proof that it definitely fixes the issue.”

Article source: http://www.ibtimes.co.uk/mit-cracks-tor-anonymity-network-identifies-hidden-servers-88-accuracy-1513402

Expectations, Great and Otherwise, Rule the Market

When I got into this business the only thing I knew about “Great Expectations” was that I had to read that Charles Dickens’ tome in seventh grade and hated it.

But once I got schooled in the way stocks go up and down, I realized that Great Expectations or Poor Expectations, for that matter, often determine where a stock or even a whole market can go, as we saw today.

Let me give you some classic examples. Almost everyone knows or has eaten at a Panera Bread (PNRA) or a Buffalo Wild Wings (BWLD). Oftentimes that inspires buying shares in the stocks. I can’t blame anyone for doing that. I like the Asian Chicken salad at my Panera, low calories even as I sneak that big chunk of bread along with it. Every year I try to catch an NFL game at a Buffalo Wild Wings. We even threw a terrific staff party there not that long ago and are due for another one, although I put the real blow-torch sauce on the wings I got last time, which was too hot. It didn’t matter, though, because I had a lot of those wings that are the tiny kind, so you didn’t need a fire extinguisher to put the conflagration that raged in mouth for the next 36 hours.

But buying shares of a stock are different for you or me than it is for the big institutions that need to buy hundreds of thousands if not millions of shares of stock. They don’t just like the sandwich or the wings and say, “Let me buy 100 shares.”

They check to see what the company has been saying. Maybe they even meet with the company. They read all the research from all the different firms on the street. And they assess the expectations.

So, let me just say point blank that the expectations for these two stocks were about as low as you could get. Indeed, there was lots of talk about how things had gotten worse at both companies and that sales would fall short. The stocks seemed inflated given worries about food inflation. Panera had screwed up a bunch of times and there had been a loss of faith. Buffalo Wild Wings had to lap some really big sports events and wing prices have gone sky high.

So, when Panera today reported a number that really wasn’t all that good but said that its new rollout of Panera 2.0 is going well, suddenly the people who paid attention to the expectations and were negative on Panera had their eyes opened and decided they had to own it. Just on that one line. Plus 10% of the stock was sold short, and the short sellers who were betting on a real big shortfall didn’t get it. That’s a combustible combination, and it’s how a stock can jump as much as it did. Yeah, it wasn’t a brand-new Thai Chicken Wrap and a better-tasting roll. It was the expectations.

Buffalo Wild Wings was even wilder. Here’s a situation where the big accounts, the ones that want a restaurant company with profitable growth, didn’t care about BDubs at all. Meanwhile, 13% of the stock was sold short largely because there had been an expectation that rising wing prices would kill profitability. Plus, the last quarter was terrible and, yes, the chart was hideous. There were simply no reasons to own this one at all.

So, when the company reported and, get this, the number wasn’t even that good, you figured it would give up the gains it has made since that last bad quarter and then some. Nope. Because the comparable- store sales are getting ever so slightly better — something that wasn’t in the Poor Expectations script at all — the stock rocked.

Now, I don’t think either of these two moves would have occurred if Chipotle (CMG) hadn’t run some 120 points from the bottom and gotten all sorts of love on the way up after its last quarter. Some of these institutions know that some of the negative analysts on Buffalo Wild Wings and Panera will have to go positive, and that could give you a terrific second-day boost. Yes, that’s how low expectations really were. Watch analysts upgrade it tomorrow.

Oh, and it didn’t hurt the short bash cause that Shake Shack (SHAK) soared more than 12% today on the insider lock-up expiration. Here there were tremendous expectations that many insiders would sell and the stock would come down on it. Guess what — I think there were fewer sellers than you see at lunch time at a typical Shack. They gave a sell party and almost nobody showed up. Sure, the stock is overvalued versus the others in its cohort. Nevertheless, those who bet against the stock were not rewarded with lots of insiders bailing. You could call it a good short spoiled.

We saw this same poor expectations phenomenon yesterday when United Parcel Service (UPS) and Norfolk Southern (NSC) both reported numbers that, a year ago, would have been incredibly disappointing, but had gotten ever-so-slightly better after repeated estimate revisions downward. They are up again.

Now let’s talk Great Expectations. One of the fastest-growing companies on earth, Tableau Software (DATA), a company that offers business analytics for companies trying to plot strategies, saw its stock  obliterated today on what looked like a monster good quarter, one that showed a revenue increase of an astounding 65%, topping expectations by $9 million on a $141 million basis. Holy moly, that’s fabulous. So, how in heck could this stock be down 15%?

Because all of the analysts I know who love this company — and they do love it — were hoping for even more. They wanted to see 70% growth. They wanted to see at least a $15 million revenue beat. Maybe more. They were totally deflated. Now, every single analyst said to use the weakness to buy. Nobody broke ranks. They raised estimates as they had to. However, the fabulous “better than expected” story is now out of gas because the stock sold at 67x earnings, among the most expensive stocks in the universe.

It was the best of times for Panera and Buffalo Wild Wings and it was the worst of times for Tableau Software even as Panera and BWLD have been disappointing and Tableau has been a standout.

Now we have great and poor expectations being set on more than just stocks. There were poor expectations about the Fed’s statements today, people betting that the Fed would get tough on rates. The Fed did same old same old and the poor expectations were unrealized.

There were poor expectations for the oil market, and yet in the afternoon we got a wire story that the Saudis, who are pumping like mad, will cut back on supply at the end of the summer. That’s exactly what Core Labs (CLB) CEO David Demshur told us had to happen because its wells would soon be spoiled by water floods. Demshur, who runs a company known as the best at finding oil and understanding the way oil pumping works, knew exactly what he was talking about, and I wouldn’t be surprised if this story is proven true — that the poor expectations for oil turn out to be too poor and oil starts going back and taking the stocks back with them.

Yep, it is all about expectations, and as long as you know what they are you can understand what would otherwise be stupendously counterintuitive moves. Panera and Buffalo Wild Wings didn’t deliver fabulous quarters — they were simply not bad enough to bring out sellers. Tableau Software reported an amazing quarter. Sadly for Tableau shareholders, it just wasn’t amazing enough.

Article source: http://realmoney.thestreet.com/articles/07/29/2015/expectations-great-and-otherwise-rule-market

Contagious Gaming Announces Year End Results for 2015

VANCOUVER, BC, Jul 28, 2015 (Marketwired via COMTEX) —
NOT FOR DISSEMINATION IN THE US OR THROUGH US NEWSWIRE SERVICES

Contagious Gaming Inc. (CNS) (“Contagious Gaming” or the
“Company”) is pleased to announce the financial results for the three
months and fiscal year ended March 31, 2015.

“Since going public in September of 2014 we have achieved significant
milestones across all of our business verticals, including the launch
of Goal Time with our first white label partner (Trinity Mirror) and
the deployment of our eInstant portfolio in the US” said Peter
Glancy, CEO and Director. “We look forward to advancing our business
in the upcoming year as we continue to roll-out Goal Time and the
further deployment of our eInstants as more US lotteries continue to
digitize their offerings.” He also commented “We continue to progress
on the acquisition of long-standing B2B sports betting platform
provider, Digitote, which generates approximately $5mm in revenues
and $1.4mm in EBITDA.”

Goal Time Update:


--  Officially launched in late December of 2014 as a white label platform
    with the Trinity Mirror Group ("TMG"), one of the UK's leading media
    groups. Since the launch, Goal Time has continued to acquire players,
    and expand brand awareness, which is in line with management's
    expectations to-date. The Company expects to build and increase momentum
    in player registrations with the start of the 2015/2016 English Premiere
    League season.


--  The Company engaged Rodney Marsh as Goal Time's specialist commentator.
    Rodney is a former Manchester City and England football player and
    international media personality. Rodney has built a significant
    international media career in TV and radio and has helped to drive Goal
    Time media strategy by providing players with expert pre-match insight
    to coverage select live in-play Premier league games.


--  The first version of the Goal Time app became available in the Apple
    Store in July of this year. Development is also currently underway for
    the version two of the Goal Time app which will streamline gameplay and
    enhance the overall user experience. The Company anticipates completion
    of version two to coincide with the beginning of the 2015/2016 English
    Premier League season in mid-August. It will be available in the Apple
    Store on iOS following approvals, as well as for Android and direct web
    download.



Subsequent Events:

Digitote Acquisition Update


--  The Company continues to progress with the previously announced
    acquisition of Digitote Limited and Digitote Software GmbH Deutschland
    (together "Digitote"), a developer and provider of commercial-grade
    sports betting and horse racing technology, hardware, and support
    services to operators across Europe.




--  The Company has made significant progress on due diligence matters
    including business, legal and financial aspects and is working with
    Digitote on completing the definitive acquisition agreement.



Extension of Development Contract with Major Publisher


--  In July 2015, the Company signed an extension to one of its third-party
    development contracts with a major social gaming content publisher. The
    extension of the contract is for one year for approximately $1 million
    of services to be provided by the Company.



Fiscal 2015 Year End Operational Highlights:


--  The official launch of digital eInstant games in the state of Georgia on
    February 9, 2015.


--  Entered into a license agreement with Manyx Interactive Ltd. ("Manyx")
    to provide the Goal Time software platform within select jurisdictions
    including Nigeria and Ghana.


--  Hired technology-focused marketing firm Oomph Agency to assist in
    maximizing the impact of the Company's advertising budget across news
    publications, digital media and social media channels.


--  Official launch Goal Time with our first major partner Trinity Mirror
    Group ("Trinity Mirror") on December 21, 2014.


--  Secured an extension to one of the Company's major third-party
    development contracts.


--  Entered into an affiliate sales agreement with Pronto Games Ltd.
    ("Pronto") to sell, distribute and promote Goal Time to its gaming and
    sports media network across Northern and Eastern Europe, and Asia.


--  Completed go-public transaction and concurrent financing of for an
    aggregate gross proceeds of $6,120,800.



Fiscal 2015 Financial Results:


--  The Company generated $1,164,955 of revenue for the year ended March 31,
    2015 compared with $765,220, an increase of 52% over the previous year.
    Revenue for the three months ended March 31, 2015 was $189,946 compared
    to $496,677 in the previous year, due to lower revenues from third party
    development contracts.
--  Adjusted EBITDA for the year ended March 31, 2015 amounted to a loss of
    $1,268,152 compared to a loss of $447,066 for the previous year. The
    increase in the Adjusted EBITDA loss is primarily due to general and
    administrative and regulatory compliance costs the Company did not incur
    until completion of the RTO on September 19, 2014. Adjusted EBITDA for
    the three months ended March 31, 2015 amounted to a loss of $834,912
    compared to a loss of $39,020 in the same period of the previous year,
    for the same reasons noted above.
--  As at March 31, 2015 the company had a cash balance of $2,641,989
    compared to $16,806 as at March 31, 2014.




Financial Highlights:

                                 Three Months Ended              Year Ended
                                --------------------------------------------
                                  March 31 March 31    March 31    March 31
                                      2015     2014        2015        2014
                                         $        $           $           $
----------------------------------------------------------------------------

  Revenue                          189,946  496,677   1,164,955     765,220
  Adjusted EBITDA (Loss)          (834,912) (39,020) (1,268,152)   (447,066)
  Adjusted Earnings (Loss)      (1,133,911)  44,996  (2,140,402)   (626,893)
  Basic and Diluted Adjusted
   Earnings
  (Loss) per Share                   (0.02)    0.00       (0.05)      (0.04)

  Cash                                                2,641,989      16,806
  Total Assets                                       13,813,721   1,116,677
  Total Liabilities                                   2,390,768   1,728,619
  Total Equity (Deficit)                             11,422,953    (611,942)
----------------------------------------------------------------------------



March 31, 2015 Annual Financial Statements and Management Discussion
and Analysis:

The Company’s financial statements, notes to the financial statements
and Management Discussion and Analysis (“MDA”) for the twelve months
ended March 31, 2015, are available at www.sedar.com.

Non-IFRS Measures:

The following non-IFRS definitions are used in this news release
because management believes that they provide useful information
regarding our ongoing operations. Readers are cautioned that the
definitions are not recognized measures under IFRS, do not have
standardized meanings prescribed by IFRS, and should not be construed
to be alternatives to revenues and net loss and comprehensive loss
for the period determined in accordance with IFRS or as indicators of
performance, liquidity or cash flows. Our method of calculating these
measures may differ from the method used by other entities and
accordingly our measures may not be comparable to similarly titled
measures used by other entities or in other jurisdictions.


--  Adjusted EBITDA as defined by the Company means earnings before interest
    and financing costs (net of interest income), income taxes,
    amortization, depreciation, RTO public listing, stock based
    compensation, stock based marketing compensation and transaction costs.
    Management believes that Adjusted EBITDA is a useful measure because it
    provides information to management about the operating and financial
    performance of the Company and its ability to generate operating cash
    flow to fund future working capital needs, service outstanding debt and
    fund future capital expenditures.
--  Adjusted Earnings (Loss), as defined by the Company, means net income
    (loss) plus or minus items of note that management may reasonably
    quantify and that it believes will provide the reader with a better
    understanding of the Company's underlying business performance. For the
    purposes of the Company's current quarter MDA, Adjusted Earnings (Loss)
    is calculated by adjusting net income (loss) for (i) financing costs
    related to extinguished debt, (ii) stock based compensation, (iii) stock
    based marketing compensation, (iv) RTO public listing, (v) transaction
    costs and (vi) acquisition related costs. Management believes that
    Adjusted Earnings (Loss) is an important indicator of the issuer's
    ability to generate liquidity through operating cash flow to fund future
    working capital needs, service outstanding debt and fund future capital
    expenditures and uses the metric for this purpose. Adjusted Earnings
    (Loss) is also used by investors and analysts for the purpose of valuing
    an issuer.
--  Adjusted Earnings (Loss) per Share, as defined by the Company, means
    Adjusted Earnings (Loss) divided by the weighted average number of
    shares outstanding for the period. Management believes that Adjusted
    Earnings (Loss) is an important indicator of the issuer's ability to
    generate liquidity through operating cash flow to fund future working
    capital needs, service outstanding debt, and fund future capital
    expenditures and uses the metric for this purpose. Adjusted Earnings
    (Loss) per Share is also used by investors and analysts for the purpose
    of valuing an issuer.



The intent of Adjusted EBITDA, Adjusted Earnings (Loss) and Adjusted
Earnings (Loss) per Share is to provide additional useful information
to investors and analysts and these measures do not have any
standardized meaning under IFRS. Adjusted EBITDA, Adjusted Earnings
(Loss) and Adjusted Earnings (Loss) per Share should therefore not be
considered in isolation or used as a substitute for measures of
performance prepared in accordance with IFRS. Other issuers may
calculate Adjusted EBITDA, Adjusted Earnings (Loss) and Adjusted
Earnings (Loss) per Share differently.

A reconciliation of the adjusted measures noted above is included in
the “Discussion of Operations” section of the Company’s MDA.

About Contagious Gaming

Contagious Gaming Inc. (CNS) is a rapidly emerging
developer of unique and engaging software solutions for regulated
gaming and lottery operators around the world. The Company is
currently focused on deploying its first-to-market lottery-style
sports betting platform in the United Kingdom and its proprietary
digital instant lottery content in United States and other
international jurisdictions. Contagious Gaming’s sports betting
platform is the first sports betting system to allow players to chase
a dynamic jackpot live during Premier League soccer matches. The
Company is a first mover in the roll-out of digital instant lottery
content in the United States. For more information on Contagious
Gaming please visit www.contagiousgaming.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

Certain information in this news release is considered
forward-looking within the meaning of certain securities laws and is
subject to important risks, uncertainties and assumptions. This
forward-looking information includes, among other things, information
with respect to the Company’s beliefs, plans, expectations,
anticipations, estimates and intentions. The words “may”, “could”,
“should”, “would”, “suspect”, “outlook”, “believe”, “anticipate”,
“estimate”, “expect”, “intend”, “plan”, “target” and similar words
and expressions are used to identify forward-looking information. The
forward-looking information in this news release describes the
Company’s expectations as of the date of this news release.

The results or events anticipated or predicted in such
forward-looking information may differ materially from actual results
or events. Material factors which could cause actual results or
events to differ materially from such forward-looking information
include, among others, risks arising from general economic conditions
and adverse industry events.

The Company cautions that the foregoing list of material factors is
not exhaustive. When relying on the Company’s forward-looking
information to make decisions, investors and others should carefully
consider the foregoing factors and other uncertainties and potential
events. The Company has assumed a certain progression, which may not
be realized. It has also assumed that the material factors referred
to in the previous paragraph will not cause such forward-looking
information to differ materially from actual results or events.
However, the list of these factors is not exhaustive and is subject
to change and there can be no assurance that such assumptions will
reflect the actual outcome of such items or factors.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE
REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS
NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE.
READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING
INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER
DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE
THIS INFORMATION AT ANY PARTICULAR TIME.


For further information please contact:
Justin Barragan
Corporate Development
Email: justin.barragan@contagiousgaming.com
Phone: (647) 886-8551



SOURCE: Contagious Gaming Inc.

mailto:justin.barragan@contagiousgaming.com

(C) 2015 Marketwire L.P. All rights reserved.

Article source: http://www.marketwatch.com/story/contagious-gaming-announces-year-end-results-for-2015-2015-07-29

Canaccord Genuity Reaffirms "Buy" Rating for Bwin.party Digital Entertainment …

Share on StockTwits

Canaccord Genuity reaffirmed their buy rating on shares of Bwin.party Digital Entertainment Plc (LON:BPTY) in a report issued on Friday, MarketBeat.com reports. They currently have a GBX 115 ($1.78) target price on the online gaming company’s stock.

Canaccord Genuity has also updated their ratings on a number of other stocks in the last week. The firm reiterated its buy rating on shares of Valeant Pharmaceuticals Intl Inc. Also, Canaccord Genuity reiterated its hold rating on shares of Celestica Inc.. They have a $12.00 price target on that stock. Finally, Canaccord Genuity upgraded shares of Unilever to a buy rating.

A number of other firms have also recently commented on BPTY. Analysts at AlphaValue reiterated an add rating and set a GBX 114 ($1.77) price target on shares of Bwin.party Digital Entertainment Plc in a research note on Thursday. Analysts at BNP Paribas reiterated a neutral rating and set a GBX 104 ($1.61) price target on shares of Bwin.party Digital Entertainment Plc in a research note on Monday, July 20th. Analysts at Davy Research reiterated an under review rating on shares of Bwin.party Digital Entertainment Plc in a research note on Friday, July 17th. Analysts at Goodbody Stockbrokers Ltd reiterated a hold rating and set a GBX 95 ($1.47) price target on shares of Bwin.party Digital Entertainment Plc in a research note on Friday, July 17th. Finally, analysts at Citigroup Inc. reiterated a sell rating and set a GBX 65 ($1.01) price target on shares of Bwin.party Digital Entertainment Plc in a research note on Monday, July 13th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of Hold and an average price target of GBX 104.45 ($1.62).

Shares of Bwin.party Digital Entertainment Plc (LON:BPTY) opened at 108.60 on Friday. Bwin.party Digital Entertainment Plc has a 1-year low of GBX 70.40 and a 1-year high of GBX 128.00. The stock has a 50-day moving average of GBX 101.89 and a 200-day moving average of GBX 95.04. The company’s market cap is £893.51 million.

bwin.party digital entertainment plc (LON:BPTY) is a holding company. The Company is an online gaming company. It operates in five segments: sports betting, casino games, poker, bingo; and other (including network services, World Poker Tour, InterTrader.com, WIN.com, software services and the payment services business). Its sport betting segment includes bwin, betoto, Gamebookers, Gioco Digitale and PartyBets. It’s Casino games segment includes PartyCasino, bwin and GD Casino. Its poker segment includes PartyPoker, bwin and GD Casino. Its Bingo segment includes Foxy Bingo, Cheeky Bingo, Gioco Digitale and Binguez. The Company’s subsidiaries include BES SAS, bwin Argentina SA, bwin Italia S.r.l., bwin.party Games AB and Cashcade Limited. In May 2014, the Company announced that its Kalixa payments group has acquired PXP Solutions.

Receive News Ratings for Bwin.party Digital Entertainment Plc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Bwin.party Digital Entertainment Plc and related companies with MarketBeat.com’s FREE daily email newsletter.

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Article source: http://www.wkrb13.com/markets/685162/canaccord-genuity-reaffirms-buy-rating-for-bwin-party-digital-entertainment-plc-bpty/

Canaccord Genuity Reiterates “Buy” Rating for Bwin.party Digital Entertainment …

Bwin.party Digital Entertainment Plc (LON:BPTY)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity in a note issued to investors on Friday, Analyst Ratings Network.com reports. They currently have a GBX 115 ($1.79) price objective on the online gaming company’s stock. Canaccord Genuity’s price target would suggest a potential upside of 5.89% from the company’s current price.

A number of other analysts have also recently weighed in on BPTY. Analysts at AlphaValue reiterated an “add” rating and set a GBX 114 ($1.78) price target on shares of Bwin.party Digital Entertainment Plc in a research note on Thursday. Analysts at BNP Paribas reiterated a “neutral” rating and set a GBX 104 ($1.62) price target on shares of Bwin.party Digital Entertainment Plc in a research note on Monday, July 20th. Analysts at Davy Research reiterated an “under review” rating on shares of Bwin.party Digital Entertainment Plc in a research note on Friday, July 17th. Analysts at Goodbody Stockbrokers Ltd reiterated a “hold” rating and set a GBX 95 ($1.48) price target on shares of Bwin.party Digital Entertainment Plc in a research note on Friday, July 17th. Finally, analysts at Citigroup Inc. reiterated a “sell” rating and set a GBX 65 ($1.01) price target on shares of Bwin.party Digital Entertainment Plc in a research note on Monday, July 13th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. Bwin.party Digital Entertainment Plc presently has a consensus rating of “Hold” and an average price target of GBX 104.45 ($1.63).

Shares of Bwin.party Digital Entertainment Plc (LON:BPTY) opened at 108.60 on Friday. Bwin.party Digital Entertainment Plc has a 52-week low of GBX 70.40 and a 52-week high of GBX 128.00. The stock’s 50-day moving average is GBX 101.89 and its 200-day moving average is GBX 95.04. The company’s market cap is £893.51 million.

bwin.party digital entertainment plc (LON:BPTY) is a holding company. The Company is an online gaming company. It operates in five segments: sports betting, casino games, poker, bingo; and other (including network services, World Poker Tour, InterTrader.com, WIN.com, software services and the payment services business). Its sport betting segment includes bwin, betoto, Gamebookers, Gioco Digitale and PartyBets. It’s Casino games segment includes PartyCasino, bwin and GD Casino. Its poker segment includes PartyPoker, bwin and GD Casino. Its Bingo segment includes Foxy Bingo, Cheeky Bingo, Gioco Digitale and Binguez. The Company’s subsidiaries include BES SAS, bwin Argentina SA, bwin Italia S.r.l., bwin.party Games AB and Cashcade Limited. In May 2014, the Company announced that its Kalixa payments group has acquired PXP Solutions.

Receive News Ratings for Bwin.party Digital Entertainment Plc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Bwin.party Digital Entertainment Plc and related companies with MarketBeat.com’s FREE daily email newsletter.

Article source: http://sleekmoney.com/canaccord-genuity-reiterates-buy-rating-for-bwin-party-digital-entertainment-plc-bpty-2/370488/