Japan Won’t Consider Casino Bids Pre-2021 Under Planned ...

japan casino license announcement

japan casino license announcement - win

$SNE, MASSIVE DOUBLE DICK INSIDE. Poised to moon long-term (Computer vision boom, EV boom, autonomous driving tech, gaming boom, music streaming boom, cross-media IP, vertically integrated anime streaming monopoly, online medical services boom, shift to mirrorless cameras)

$SNE, MASSIVE DOUBLE DICK INSIDE. Poised to moon long-term (Computer vision boom, EV boom, autonomous driving tech, gaming boom, music streaming boom, cross-media IP, vertically integrated anime streaming monopoly, online medical services boom, shift to mirrorless cameras)
Listen up retards. Do you happen to feel regret because you always think “ohhh if I yoloed my savings on TSLA/AMD/NVDA 🚀 leaps years ago I could be rich by now!!!”
Well if you didn't know already, it doesn’t really matter what happened in the past. Hindsight will always be 20/20. You shouldn’t be harsh on yourself on your past self that your past self wasn’t retarded enough to yolo their savings into AMD/TSLA/.... Your past self doesn’t have the same knowledge that your current self has. It’s fine. If you judged those stocks with the best DD you could do at the time and didn’t think they were worth it, then you did a good job.
If you always think about what you could/should have done in the past, then you don't have the right attitude to play the stock market casino imho.
The single most important thing is to be able to look ahead. There are always plenty of opportunities around. There are thousands of rockets that are still on earth right now. Some may depart this year, others will stay a little longer on earth. The true strength lies in being able to identify those rockets with the knowledge you have right now. And if you still miss most rockets that will take-off this year that's fine, maybe you'll learn, get better and you'll do better next year.
Now, what if I told you there’s a big rocket that’s parked right right here on earth and it has decent chance for take-off this year? Maybe it won't quite reach the moon this year yet, but hey leaving the exosphere should already be a cool milestone.
It has rock-solid fundamentals and will see lots of growth in the following years/decade.
It’s a company that has the fundamental technology to power all the computer vision tech, which is bound to boom this decade.
The company we’re talking about is of course Sony, and it is extremely undervalued right now.
Its P/E is only 14. They have a P/S of 1.65, a PEG of 0.92 (< 2 is already somewhat exceptional for a company/conglomerate of Sony’s size, under 1 is a steal)
Much lower than all of its same-sector peers. This indicates significant undervaluation.
Next up Sony has a P/CF 13.2, ROE of 20% (S&P 500 average is 14% which would already be considered pretty good. 20% ROE is excellent), PEGY of 0.89, P/B of 2.65 and finally Sony has $41.6B in cash on hand. This makes Sony one of the cheapest tech/entertainment/EV/semiconductor growth stocks you will find on the market.
(ROE of 20% + PEGY of 0.89 + PEG of 0.92 means this company is a growth stock based on the numbers alone, but we’ll dig into the actual company and overall outlook in a moment)
I challenge all retards to find a company with similar benchmarks in one of the mentioned sectors, seriously.
Quite frankly doing this DD honestly blew my mind. I kept looking everywhere for reasons why the company could be so undervalued and why they may struggle in the future. Very important to look at all the challenges the company faces to make sure I’m not just doing confirmation bias DD. But all I could find was the opposite. After several weeks and months of working on this DD, I can only conclude that it is overall a very solid company for a bargain price. The new CEO is taking the company in a great direction imho and I'm begin to think he could be Sony's Satya Nadella.
So if you want some easy tendies, maybe consider $SNE while it is still cheap, I’d say.
For the autists out there who care about analyst ratings, SONY ($SNE) currently has 18 BUY ratings, 2 OVERWEIGHT, 4 HOLD and 0 SELL. (= analyst consensus is a STRONG BUY). Very little analysts cover this stock compared to other entertainment/tech companies, so this adds to my assertion that the stock is very much under the radar. Which means you have time to get in before it gets noticed by the larger investing world and before it starts to get a more fair valuation (P/E of around 30 would be more fair for this company I think, but still cheaper than many same sector peers). But, anyway the few analysts who do happen to cover this company are basically all saying it’s an instant-buy at its current price.
Most boomer investors still think big Japanese tech companies are dinosaurs that have long been surpassed by China, South Korea and Apple etc ages ago. Young boomers may think Sony = PlayStation and that it's it. But the truth is that PlayStation, while very important (about 24% of Sony's total revenue last year), is a part of a larger story.
Lots of investors in general associate Sony with the passé Japanese electronics companies from the 80’s and the 90’s. Just like a lot people may think BlackBerry is a struggling phone company.
While Sony may not be the powerhouse in consumer electronics it was in the 80’s and the 90’s, in a lot of ways they are more relevant than ever before. Despite being a well-known brand and being known as the company behind PlayStation, for some reason its stock still seems to be under the radar among both retail and institutional investors. And boy, are they mind-blowingly undervalued. Even if a big part of its business would collapse tomorrow, they would still be slightly undervalued. And I am about to tell you why.
(& btw compared to Japanese tech/entertainment stocks $SNE is still super cheap (Canon, Nikon, Toshiba, Sharp, Panasonic, Square Enix, Capcom, Nintendo, Fujitsu all have P/E ratios ranging from 18 to 77 and none of them have the combination of global clout, fundamentals & growth prospects that Sony has))
2021 Sony as a corparation is not the fucking Sony from 2005-2015’s, just like BlackBerry in 2021 is not the fucking Blackberry from 2012. Just like Garmin in 2021 is not Garmin from 2011. Just like AMD in 2021 is not AMD from 2012.
No, in 2021, Sony is the global leader in imaging technology and people do not fucking realize it. Sony has 50% marketshare in the CMOS image sensor market. There’s a very good chance the smartphone in your pocket has Sony image sensors (unless it’s a Samsung phone). Sony image sensors are powering a big part of today's vision/camera technology. And they will power even more of tomorrow's computer vision tech.
In 2021, Sony is a behemoth in video games, music, anime, movies and TV show production. Sony is present in every segment of entertainment. Sony’s entertainment branches have been doing great business over the past 5 years, especially music and PlayStation. Additionally, Sony Pictures has completely turned around.
In 2021, Sony is the world’s biggest music publisher (and second biggest music company overall). Music streaming has been a boon for Sony Music and will continue to be.
In 2021, Sony is among the biggest mobile gaming companies in the world (yes, you read that right). And it’s mainly thanks to one game (Fate/Grand Order) that nets them over $1B revenue each year. One of the biggest mobile gaming companies + arguably biggest gaming brand in the world (PlayStation).
In 2021, Sony is an EV company. They surprised the world when they revealed their “Vision-S” at CES 2020. At the reception was fantastic. It is seriously one of the best looking EV’s. They already sell sensors to Toyota. Sony will most like sell the Vision-S's tech to other car manufacturers (sensors for driving assistence / autonomous driving, LiDAR tech, infotainment system).

40 sensors in the Sony Vision-S
Considering the overwhelmingly good reception of the Vision-S so far, I suspect the Vision-S could be another catalyst that will put Sony as a company on the radar of investors and consumers.
We've seen insane investment hype for anything even remotely related to EV over the past year. We've seen a company that barely had a few EV design concepts (oh wait, they had a gravity-powered truck though) even get a $30B market cap at some point lmao.
But somehow a profitable company ($SNE) that has an EV that you can actually drive, doesn't even have a fair valuation?
In 2020’s Sony’s brand value is at their highest point since 12 years. In 2021, it is projected to be a its highest point since 2001 assuming same growth as average yearly growth from 2015 to 2020. Keep in mind brand valuation is a bit bullshitty as there’s no standardization to compare brands from different sectors, let alone non-consumer-facing brands with consumer-facing brands. But one thing we can note is that Sony both as B2C brand and as a B2B company is on a big upwards trend.
https://interbrand.com/best-global-brands/sony/
https://careers.uw.edu/blog/2020/03/17/these-are-the-10-biggest-video-game-companies-in-north-america-shared-article-from-zippia/
In 2021, Sony is an entertainment behemoth. They have grown their entertainment branches by a huge amount over the past 5 to 10 years (they made some big acquisitions in the music space especially and they’re now also all-in in anime). I don’t think people realize how big Sony is as an entertainment company. I dug up the numbers and as of Q3 2020, PlayStation is the second biggest video game company in the world (Tencent is #1) in revenue (I suspect Sony might dethrone Tencent after Sony’s FY Q3 2020 is released). But Sony already comes very close to Tencent especially if you add Fate/Grand Order (which is under Sony Music and not under PlayStation) under PlayStation.
There’s no single other company that has this unique combination of a dominant/important position in all entertainment segments. (video games + music + movies + TV series + anime + TV networks). I guess Tencent maybe?
In 2021, Sony has amazing momentum in the camera space. If you’re familiar with the enthusiast photography space, you should know this. Basically, the market is slowly shifting from SLR to mirrorless cameras. This is because mirrorless cameras tend to smallelighter, have faster AF, better low light performance, better battery life and better video performance. Sony is the company that has been specializing in the development for mirrorless cameras for over a decade while Canon’s bread and butter has always been SLR cameras. Sony is in the lead when it comes to mirrorless cameras and that’s where the market is shifting towards. Because the advantages of mirrorless have become more and more apparent and Sony’s cameras have become technically superior, Sony has gained quite a bit of market share over Canon and Nikon in the last few years. In 2019, Sony overtook Nikon as the #2 camera manufacturer. Sony is in an upwards trend here. (they have the ambition to become the world’s #1 camera brand) Sony also has very good marketing for their cameras. (Sony has a lot of YouTubers / influencers / brand ambassadors for their cameras despite being a smaller brand than Canon)
(just search on YouTube and/or Google “switching to Sony from Canon” just to give you an idea that they do have amazing brand momentum in the camera space. You won’t get as many hits for the opposite)
A huge portion of Sony’s profit comes from image sensors in addition to music and video games. This is in addition to their highly profitable financial holdings division & their more moderately profitable electronics division.
Sony’s electronics division, unlike other Japanese brands, has shown great resilience against the very strong competition from China & South Korea. They have been able to maintain their position in the audio space and as of 2020 are still the global market leader in high-end TV’s (a position they have been holding for decades) and it seems they will continue to be able to maintain that.
But seriously this company is dirt-cheap compared to any of its peers in any segment and there’s various huge growth prospects for Sony:
  • CMOS image sensors & Sony’s overall imaging prowess will boom due to increased demand from automotive sector, security & surveillance industry, manufacturing industry, medical sector and finally from the aerospace & defence industry. On the longer term, image sensors will continue to boom due to increased demand for computer vision & AI + robotics. And for consumer electronics demand will remain very high obviously.
  • Sony is aiming for 60% market share in the CMOS image sensor market by 2026. Biggest threat here is Samsung here who have recently started to aggressively invest in image sensors and are challenging Sony. Sony has technological lead + higher production capacity (and Sony will soon open a new plant in Nagasaki), so Sony should be able to hold off Samsung.
  • The iPhone 12 Pro has 3 cameras + a lidar sensor. Apple now buys 3 image sensors (from Sony) + LiDAR sensor (from Sony) per iPhone 12 Pro they manufacture. Remember the iPhone X and iPhone XS? That one had “only” 2 rear cameras (with image sensos from Sony of course). Basically, Sony will be selling exponentially more image sensors as more smartphones get equipped with more and more cameras.
  • Now think about how many image sensors Sony can sell to Apple if the iPhone 13 will have 5 cameras + LiDAR sensor (I mean the number of cameras on smartphones certainly won’t decrease)
  • Gaming (PS5 hype, PSN game sales are booming, add-on content is booming, PS+ subscribers count is booming and finally PSNow & first-party games sales are trending upwards as well). Very consistent year-on-year profit & revenue growth here. They have a history of beating earnings expectations here. The number of PS+ subscribers went from 4M to 48M in just 6-7 years. Investors love to hype up recurring revenue and subscription services such as Disney+ and Netflix. Let’s apply the same logic to PS+? PS+ already has more subscribers than HBO Max in the USA.
  • PlayStation (video games in general) has not even scratched the fucking surface. Most people who play video games now are millennials and kids. Do you think those millennials will stop playing video games when they grow older? No, of course not. Boomers today also still watch movies and TV. Those millennials have kids and those kids are now also playing video games. The kids of those kids will also play video games etc. Basically the total addressable audience for video games will by HUGE by the end of the decade (and the decades after that) because video games will have penetrated all age ranges of the population. Gaming is the fastest growing segment of the whole entertainment business. By a large margin. PlayStation is obviously in a great position here as you can guess from the PS5 hype, but more importantly imho, the growth of PS+ subscribers (currently a bit under 50 million) and PSN users (>100 million MAU) over the past 5 years shows that PlayStation is primed to profit from the audience growth.
  • On top of that you have huge video game growth in the China where Sony & PlayStation is already much better established than Xbox (but still super small compared to mobile games and PC gaming in China). Within the console market, Xbox only competes with PlayStation in North America. In the rest of the world, PlayStation has an enormous lead over Xbox. Xbox is simply a lesser known and lesser desirable brand in the rest of the world
  • Anime streaming (basically they have a monopoly already + vertical integration, it might still be somewhat niche right now, but it will be big within 5 years. Acquiring Crunchyroll was a very good move)
  • Music streaming (no, they don’t have a music streaming service, but as music streaming grows, Sony Music also gets a piece of the growing pie through licensing/royalties, and they also still have a little 2.8% stake in Spotify)
  • Apple, Amazon, Netflix, AT&T and Disney are currently battling it out in the streaming wars. When there’s a war you have little chances of winning, you shouldn’t be the one waging the war. You should be the one selling the ammo. Basically Sony Pictures (tv shows + movies) is in that position. Sony Pictures can negotiate good prices for their content because Apple, Amazon, Netflix, AT&T are thirsty for content and they all want their own exclusive content. Sony Pictures does not need to prop up their own streaming service just like Sony Music doesn’t need their own music streaming service when they can just license out their content and turn a profit. There will always be demand for TV & movies content, so Sony Pictures is well positioned is as an independent content provider. And while Apple, Amazon, Netflix, AT&T and Disney are battling it out on the forefront, Sony is quietly building their anime empire in the background. Genius business move from Sony here, seriously. They now have anime production & distribution.
  • Netflix has 200M subscribers and they currently have a 250M market cap. Think about what Sony will have in 5 years? >30M Crunchyroll subscribers (assuming all anime will be consolidated into Crunhyroll) & >100M PS+ & PSNow subscribers? Anime and gaming is growing faster than movies and TV shows. (9% CAGR for anime, 12% CAGR for gaming vs. 5% CAGR for the whole movies & TV show entertainment segment which includes PVOD, SVOD, box office, TV etc etc). And gaming as a whole is MUCH bigger than SVOD streaming. Netflix gets 99% of their revenue & profit through subscriptions. For the whole Sony Group Corporation, their subscription services (games + anime) it’s currently only 4.5% of their total revenue. And somehow Sony currently has a meagre $128B market cap?
  • PlayStation alone is bigger than Netflix in terms of operating profit. PlayStation has a MUCH higher profit margin than Netflix. For Q3 2020 Netflix posted $790M operating profit and PlayStation posted $988M operating profit. Revenue was was $6.44B for Netflix vs. $4.77B for PlayStation. (and btw Sony’s mobile gaming revenue (~$1B / year) is under Sony Music, it is not even in those PlayStation numbers!!!)
  • Think about it. PlayStation alone posts bigger operating profit than Netflix (yes revenue is bit smaller, but it’s the operating profit that matters most). And gaming is growing faster than movies. And PlayStation is about 24% of Sony’s total revenue. And yet Netflix has a market cap that is equal to the double of Sony's market cap? Basically If you apply Netflix’ valuation to PlayStation then PlayStation alone should have a bigger market cap than Netflix' market cap.

PS+ growth and software digital ratio growth

  • Sony Vision-S & autonomous driving tech (selling sensors + infotainment system to other car manufacturers). Sony surprised everyone when they revealed their Sony Vision-S electric vehicle last year at CES 2020 (in-house design and made in cooperation with Magna Steyr). And it’s currently being tested on public roads. Over the past year we have seen absurdly big investment hype into anything even remotely related to EV’s (including a few questionable companies). We’ve even seen an EV company with a gravity-powered truck get a $30B market cap in June last year. Meanwhile Sony, out of nowhere, revealed what is arguably (subjectively) one of the best looking EV’s. It got very positive reception at CES 2020. An EV that you can actually drive. But somehow their stock is still dirt-cheap based on their current fundamentals alone? Yet some companies that had pretty much nothing but some EV design concepts got insane valuations purely due to hype?
  • LTE chips for IoT & Industry 4.0 (Altair Semiconductors)
  • Cross-media IP (The Last of Us show on HBO, Uncharted movie etc). Huge unrealized potential synergy here (it’s about to change). We have seen that it can turn out super well when you look at The Witcher, Sonic the Hedgehog and Detective Pikachu. When The Witcher released on Netflix, sales of The Witcher 3 significantly increased again. Imagine the same thing, but with Sony IP’s. Sony Pictures is currently working on 7 video game IP based TV shows and 3 movies. We know The Last of Us tv series is currently in production for HBO. And then the Uncharted is currently in post-production and scheduled to be released in July this year currently. If Uncharted turns out to be successful, it will mark a big, new milestone for Sony as an entertainment company imho.
  • Aniplex (Sony Music Entertainment Japan subsidiary for anime production, distribution & mobile games) had a fantastic year in 2020. (more on this later) There is a lot of room for mobile games growth with Aniplex. Thanks to Aniplex, Sony might beat their earnings forecast.
  • Drones. DJI just got put on Entity List in USA and Sony started developing drones for prosumer / professional a few years ago. Big opportunity for Sony here to take a bit from DJI’s dominance. It only makes sense for Sony to enter the drone market targeting the professional & prosumer video market, considering Sony’s established position in the professional audio/video/photography space
  • Currently Sony also has several ventures & investments in AI & robotics
  • Over the past decade, Sony has also carefully expanded into medical equipment tech & biotechnology. Worth noting that Sony also has an important 33% stake in M3 inc (a medical services through-the-internet company with a market cap of $65.5B) (= just their stake in M3 Inc is worth $22B alone, remember Sony, with their large, diversified revenue streams & assets only has a market cap of $128B?)
  • Sony Pictures has a great upcoming movie slate (MCU Spider-Man, Uncharted, Ghostbusters: Afterlife, Venom 2, Morbius, Spider-Verse sequel, Hotel Transylvania 4, Peter Rabbit 2, Vivo, The Nightingale). They will profit from the theatre reopening and covid recovery. They may even become more favourable among movie theatre chains because they won’t release their movies on the same day on streaming services like Warner (and yeah movie theatres are here to stay, at least for a while imho)
  • All the above comes on top of established, mature markets (Financial Holdings & Electronic Products)
  • Oh yeah, btw though TV’s are a cyclical and mature market and are not that important for Sony Group Corporation’s bottomline*, Sony TV’s will continue to do well for the following successive years: o 2020: continued pandemic boost
  1. 2020-2021: PS5 / Xbox Series X/S
  2. 2021 Summer Olympics (tv sales ALWAYS spike during the olympics) (& the effect is more pronounced for high-end TV’s, = good for Sony because Sony’s market share is concentrated in the high-end range (they are market leader in the high-end range)
  3. 2022 FIFA world cup (exact same thing as for the olympics)
  4. You could say it’s already priced in, but the stock is already ridiculously undervalued so idk…
You would think this company somehow has a bad outlook, but that could not be further from the true, let me explain and go over some of the different divisions and explain why they will moon:
Sony Entertainment
While Netflix, Disney, AT&T, Amazon, and Apple are waging the great streaming war, Sony has been quietly building its anime streaming empire over the past years.
  • Sony recently acquired Crunchyroll for $1.175B (it is a great deal for Sony imho and will immediately be more valuable under Sony. Considering the growing appetite for anime I honestly do not even understand why AT&T sold it, they could have integrated it with their other streaming service (HBO Max) but ok)
  • With Crunchyroll Sony now has the following anime empire:
  • Aniplex (anime production & distribution, subsidiary of Sony Music Entertainment Japan) F
  • Funimation
  • Manga Entertainment UK (production, licensing, and distribution, UK)
  • Wakanam (licensing and distribution in Europe)
  • AnimeLab (licensing and distribution in Australia & New Zealand)
  • Crunchyroll (3 million paying subcribers, 90 million registered users and 50 million social media followers)
* Why anime matters:

Anime growth
“The global size is expected to reach USD 36.26 billion by 2025, registering a CAGR of 8.8% over the forecast period, according to a study conducted by Grand View Research, Inc. Growing popularity and sales of Japanese anime content across the globe apart from Japan is driving the growth”
(tl;dr anime 🚀🚀🚀🚀🚀, Sony is all in on anime and they have pretty much no competition)
Anime is the fastest growing subsegment of movies/video entertainment worldwide.
  • Sony also has a partnership with Bilibili for anime distribution in China:
https://www.chinadaily.com.cn/a/201903/26/WS5c990d93a3104842260b2737.html
  • Bilibili already partnered with Sony Music Entertainment Japan to bring Aniplex’s hugely successful Aniplex’s Fate/Grand Order mobile game in China.
  • Sony acquired a 5% stake in Bilibili for $400M in March 2020 (that 5% stake is now already worth $2.33B at Bilibili’s current share price ($BILI) and imho $BILI still has lots of upside potential considering it is the de facto video creation/sharing/viewing à la YouTube/Twitch for GenZ in China)
https://ir.bilibili.com/news-releases/news-release-details/bilibili-announces-equity-investment-sony

Sony Music Entertainment Japan
Aniplex
  • Sony Music (mobile games) generated $400M revenue from its mobile games in Q2 FY2020, published through Aniplex (Sony Music Entertainment Japan, “SMEJ”) subsidiary
  • They are the publisher of Fate/Grand Order, one of the most profitable mobile video games of the past 5 years (has generated $4B in revenue (!!) by the end of 2019 and is still as popular as ever). Fate/Grand order is the 7th most profitable mobile game in revenue worldwide as of 2020 (!)
Fate/Grand Order #9 game by revenue last year as of Q3 2020

  • Aniplex launched Disney: Twisted Wonderland in March this year. In Q3, it was the #10 most downloaded mobile game in Japan. (Aniplex now has two top ten games in Japan)
  • Fate/Grand Order was the #2 most tweeted game in 2020 and #3 was Disney: Twisted Wonderland. You can see that Aniplex has two hugely successful mobile games. (we are talking close to $1B of revenue a year here). It is the #2 game in Japan by total revenue from Q1 2016 to Q3 2020 and the #9 game in worldwide revenue from Q1 2020 to Q3 2020.
Aniplex has two very popular mobile games
  • SMEJ earns about > $1B from mobile games in revenue from mobile games and there is still a lot of future growth potential here considering Japan’s mobile game market grew a whopping 32% yoy from Q3 2019 to Q3 2020.
  • Aniplex recently co-distrubuted the movie Demon Slayer: Mugen Train in Japan in October 2020. It became the highest grossing film of all time in Japan with a total gross box office revenue of $380M. In the middle of a pandemic. It still needs to release in South Korea, China and USA where it will most likely do great as well.
Sony Interactive Entertainment (SIE) (Game & Netwerk Services business unit):

  • We all know 2020 was a huge year for video games with the stay-at-home pandemic boost. The whole video game sector brought in $180B of revenue in 2020, a whopping 20% increase yoy.
  • But 2020 will not be just a one-off temporary exceptional year for video games. The video game market has a CAGR of 13% which means it will be worth $291B in 2027. Video games is by far the segment with the highest growth rate in the whole entertainment industry.

US video game market growth (worldwide growth has a 13% CAGR)

PlayStation revenue and operating profit growth

  • PlayStation obviously has a huge piece of this pie and over the past years has seen consistent yoy revenue and profit growth. Think about it, for every FIFA/Call of Duty/Assassin’s Creed sold on PS4/PS5, Sony gets a 30% cut. There have been sold a billion PS4 games so far.
  • 5 years ago 20 to 30% of PS4 games were purchased digitally. Flashforward to 2020 and it’s 60-75% and the digital ratio looks set to still increase a bit. This means higher profit margin for game publishers and for Sony at the expense of retailers
  • SIE has seen huge success in its first-party games over the past 5 years. Spider-Man, God of War, Horizon: Zero Dawn, The Last of Us Part 2, Uncharted 4, Ghost of Tsushima, Days Gone, Ratchet & Clank have all been huge successes. This is really big and represents a big change compared to the previous generations where Sony never really hit it big as a games publisher even though most of their games were considered quality games.
  • SIE is now not only a powerful platform holdeprovider, but also a very successful games publisher with popular IP’s (Uncharted, God of War, The Last of Us, Horizon, Ghost of Tsushima, Ratchet & Clank). This is an enormous asset, because firstly it increases the chances of success for cross-media opportunities (Sony Pictures can make TV shows and movies out of it to expand the popularity of those IP’s even more). And secondly, it is an obvious selling point for PS5. The more popular and bigger their exclusive content, the more they can draw people to their platform/service. This should increases PS5 total marketshare over its competitor.
  • The hype for God of War: Ragnarok will be absolutely through the roof. Hype for Horizon: Forbidden West is also very good already (10 million yt views, 273K likes which is very good). Gran Turismo 7 and Ratchet & Clank will also do very well in 2021. (I suspect that GoW oand Horizon might be delayed to 2022)
  • PS5 reception has been extremely good. Demand is through the roof as well all know. The only problem is that they cannot quite capitalize on the demand due to lack of supply, but overall, it is a very good thing that demand is very high, and that reception has been very positive. The challenge will primarily supply and production-related for the following 6 months and to be able to maintain brand momentum. Hopefully, they won’t push disappointed/inpatient customers to competitors.
  • Considering there’s backwards compatibility from PS4 to PS5, users will want all their PSN content to transition with them as well, so I expect them to lose very little marketshare to Xbox. Also, I do not know if Americans realize it, but Xbox is not nearly as big as PlayStation in the rest of the world as it is in the USA. PlayStation just has global brand power that Xbox just doesn’t have, so Xbox isn’t much of threat at all I’d say. Where I live, in Belgium, In Europe everyone is talking about the PS5, nobody really seems to care about Xbox Series S/X that much. Comparing PlayStation to Xbox in terms of mindshare is like comparing Apple to Motorola (not meant to be a diss to Motorola, I have a Motorola phone myself, just saying that Xbox has significantly less mindshare / brand power in Europe).
  • SIE is likely working on PSVR 2, this could be big.
  • Sony has a small stake in Epic Games (1.4%) and they have a good business relationship with them, so this might also make them open to release first-party games on Epic Games Store after exclusivity period on PS5.
  • Remember the Travis Scott concert in Fortnite? I believe that was one of the reasons why Sony invested in Epic Games. It serves as an example how music can sometimes converge with video games, and this can play to Sony’s strengths.
  • PlayStation also has way superior presence in Asia compared to Xbox. Have been expanding into China as well. Another great opportunity for revenue growth.
  • PS+ subscribers grew from 5.7 million by the end of 2013 to 46 million by October 30th, 2020. This is an average growth rate of 28% over the past 5 years. Considering most of the growth was early on, it will slow down, but I predict that they will have about 70 million PS+ subscribers by the end of 2023. This is huge and represents a stable, recurring source of income. Investors who keep hyping Netflix/Disney+ will love this, but it seems they have yet to discover $SNE.
  • There is a reason why Amazon, Google, Nvidia have been aggressively investing in video games & games streaming. They know the business is huge and is about to get even bigger. But considering the established, loyal PlayStation userbase, the established global brand of PlayStation and the exclusive games, PlayStation should be able to easily standoff competition from Amazon, Google and Nvidia (GeForce Now) in the next few years. So far, Amazon’s venture into game development, publishing & streaming has completely failed. Stadia and GeForceNow seem to have a bit more success, but still relatively niche. Therefore, I think PlayStation is well-positioned to remain one of the leaders in the industry for the following decade.
I'll get to the other divisions later, I figured this is a good first step.
But so far the tl;dr
Image sensors: 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
IoT/Industry 4.0 chipsets: 🚀🚀🚀🚀🚀🚀🚀
PS5/PSN/PS+: 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Online medical services (M3 inc.): 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Anime: 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Fate/Grand Order: 🚀🚀🚀🚀🚀
Demon Slayer: Mugen Train 🚀🚀🚀🚀🚀
Sony Music / music streaming (the performance of Sony Music’s in Sony’s business is seriously understated. The numbers speak for themselves): 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Sony Electronics 🚀
Sony Financial Holdings (very stable & profitable business, even managed to grow slightly during pandemic when most insurance companies performed more poorly): 🚀🚀🚀
Still have to cover Sony Pictures, but their upcoming movie slate looks pretty good honestly (Spider-Man sequel, Venom: Let There Be Darkness, Ghostbusters: Afterlife, Uncharted, Morbius, Hotel Transylvania 4 so that's worth one rocket as well imho 🚀
tl;dr of tl;dr:
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

Disclaimer: I am not a financial advisor. I am an idiot that's trying to understand why $SNE stock is so cheap.
Positions: SNE 105C 21st January 22
submitted by Audacimmus to wallstreetbets [link] [comments]

Playboy going public: Porn, Gambling, and Cannabis

NEW INFO 5 Results from share redemption are posted. Less than .2% redeemed. Very bullish as investors are showing extreme confidence in the future of PLBY.
https://finance.yahoo.com/news/playboy-mountain-crest-acquisition-corp-120000721.html
NEW INFO 4 Definitive Agreement to purchase 100% of Lovers brand stores announced 2/1.
https://www.streetinsider.com/Corporate+News/Playboy+%28MCAC%29+Confirms+Deal+to+Acquire+Lovers/17892359.html
NEW INFO 3 I bought more on the dip today. 5081 total. Price rose AH to $12.38 (2.15%)
NEW INFO 2 Here is the full webinar.
https://icrinc.zoom.us/rec/play/9GWKdmOYumjWfZuufW3QXpe_FW_g--qeNbg6PnTjTMbnNTgLmCbWjeRFpQga1iPc-elpGap8dnDv8Zww.yD7DjUwuPmapeEdP?continueMode=true&tk=lEYc4F_FkKlgsmCIs6w0gtGHT2kbgVGbUju3cIRBSjk.DQIAAAAV8NK49xZWdldRM2xNSFNQcTBmcE00UzM3bXh3AAAAAAAAAAAAAAAAAAAAAAAAAAAA&uuid=WN_GKWqbHkeSyuWetJmLFkj4g&_x_zm_rtaid=kR45-uuqRE-L65AxLjpbQw.1611967079119.2c054e3d3f8d8e63339273d9175939ed&_x_zm_rhtaid=866
NEW INFO 1 Live merger webinar with PLBY and MCAC on Friday January 29, 2021 at 12:00 NOON EST link below
https://mcacquisition.com/investor-relations/press-release-details/2021/Playboy-Enterprises-Inc.-and-Mountain-Crest-Acquisition-Corp-Participate-in-SPACInsider-ICR-Webinar-on-January-29th-at-12pm-ET/default.aspx
Playboy going public: Porn, Gambling, and Cannabis
!!!WARNING READING AHEAD!!! TL;DR at the end. It will take some time to sort through all the links and read/watch everything, but you should.
In the next couple weeks, Mountain Crest Acquisition Corp is taking Playboy public. The existing ticker MCAC will become PLBY. Special purpose acquisition companies have taken private companies public in recent months with great success. I believe this will be no exception. Notably, Playboy is profitable and has skyrocketing revenue going into a transformational growth phase.
Porn - First and foremost, let's talk about porn. I know what you guys are thinking. “Porno mags are dead. Why would I want to invest in something like that? I can get porn for free online.” Guess what? You are absolutely right. And that’s exactly why Playboy doesn’t do that anymore. That’s right, they eliminated their print division. And yet they somehow STILL make money from porn that people (see: boomers) pay for on their website through PlayboyTV, Playboy Plus, and iPlayboy. Here’s the thing: Playboy has international, multi-generational name recognition from porn. They have content available in 180 countries. It will be the only publicly traded adult entertainment (porn) company. But that is not where this company is going. It will help support them along the way. You can see every Playboy magazine through iPlayboy if you’re interested. NSFW links below:
https://www.playboy.com/
https://www.playboytv.com/
https://www.playboyplus.com/
https://www.iplayboy.com/
Gambling - Some of you might recognize the Playboy brand from gambling trips to places like Las Vegas, Atlantic City, Cancun, London or Macau. They’ve been in the gambling biz for decades through their casinos, clubs, and licensed gaming products. They see the writing on the wall. COVID is accelerating the transition to digital, application based GAMBLING. That’s right. What we are doing on Robinhood with risky options is gambling, and the only reason regulators might give a shit anymore is because we are making too much money. There may be some restrictions put in place, but gambling from your phone on your couch is not going anywhere. More and more states are allowing things like Draftkings, poker, state ‘lottery” apps, hell - even political betting. Michigan and Virginia just ok’d gambling apps. They won’t be the last. This is all from your couch and any 18 year old with a cracked iphone can access it. Wouldn’t it be cool if Playboy was going to do something like that? They’re already working on it. As per CEO Ben Kohn who we will get to later, “...the company’s casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth.” Honestly, I stopped researching Scientific Games' sports betting segment when I saw the word ‘omni-channel’. That told me all I needed to know about it’s success.
“Our SG Sports™ platform is an enhanced, omni-channel solution for online, self-service and retail fixed odds sports betting – from soccer to tennis, basketball, football, baseball, hockey, motor sports, racing and more.”
https://www.scientificgames.com/
https://www.microgaming.co.uk/
“This latter segment has become increasingly enticing for Playboy, and it said last week that it is considering new tie-ups that could include gaming operators like PointsBet and 888Holdings.”
https://calvinayre.com/2020/10/05/business/playboys-gaming-ops-could-get-a-boost-from-spac-purchase/
As per their SEC filing:
“Significant consumer engagement and spend with Playboy-branded gaming properties around the world, including with leading partners such as Microgaming, Scientific Games, and Caesar’s Entertainment, steers our investment in digital gaming, sports betting and other digital offerings to further support our commercial strategy to expand consumer spend with minimal marginal cost, and gain consumer data to inform go-to-market plans across categories.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tMDAA1
They are expanding into more areas of gaming/gambling, working with international players in the digital gaming/gambling arena, and a Playboy sportsbook is on the horizon.
https://www.playboy.com/read/the-pleasure-of-playing-with-yourself-mobile-gaming-in-the-covid-era
Cannabis - If you’ve ever read through a Playboy magazine, you know they’ve had a positive relationship with cannabis for many years. As of September 2020, Playboy has made a major shift into the cannabis space. Too good to be true you say? Check their website. Playboy currently sells a range of CBD products. This is a good sign. Federal hemp products, which these most likely are, can be mailed across state lines and most importantly for a company like Playboy, can operate through a traditional banking institution. CBD products are usually the first step towards the cannabis space for large companies. Playboy didn’t make these products themselves meaning they are working with a processor in the cannabis industry. Another good sign for future expansion. What else do they have for sale? Pipes, grinders, ashtrays, rolling trays, joint holders. Hmm. Ok. So it looks like they want to sell some shit. They probably don’t have an active interest in cannabis right? Think again:
https://www.forbes.com/sites/javierhasse/2020/09/24/playboy-gets-serious-about-cannabis-law-reform-advocacy-with-new-partnership-grants/?sh=62f044a65cea
“Taking yet another step into the cannabis space, Playboy will be announcing later on Thursday (September, 2020) that it is launching a cannabis law reform and advocacy campaign in partnership with National Organization for the Reform of Marijuana Laws (NORML), Last Prisoner Project, Marijuana Policy Project, the Veterans Cannabis Project, and the Eaze Momentum Program.”
“According to information procured exclusively, the three-pronged campaign will focus on calling for federal legalization. The program also includes the creation of a mentorship plan, through which the Playboy Foundation will support entrepreneurs from groups that are underrepresented in the industry.” Remember that CEO Kohn from earlier? He wrote this recently:
https://medium.com/naked-open-letters-from-playboy/congress-must-pass-the-more-act-c867c35239ae
Seems like he really wants weed to be legal? Hmm wonder why? The writing's on the wall my friends. Playboy wants into the cannabis industry, they are making steps towards this end, and we have favorable conditions for legislative progress.
Don’t think branding your own cannabis line is profitable or worthwhile? Tell me why these 41 celebrity millionaires and billionaires are dummies. I’ll wait.
https://www.celebstoner.com/news/celebstoner-news/2019/07/12/top-celebrity-cannabis-brands/
Confirmation: I hear you. “This all seems pretty speculative. It would be wildly profitable if they pull this shift off. But how do we really know?” Watch this whole video:
https://finance.yahoo.com/video/playboy-ceo-telling-story-female-154907068.html
Man - this interview just gets my juices flowing. And highlights one of my favorite reasons for this play. They have so many different business avenues from which a catalyst could appear. I think paying attention, holding shares, and options on these staggered announcements over the next year is the way I am going to go about it. "There's definitely been a shift to direct-to-consumer," he (Kohn) said. "About 50 percent of our revenue today is direct-to-consumer, and that will continue to grow going forward.” “Kohn touted Playboy's portfolio of both digital and consumer products, with casino-style gaming, in particular, serving a crucial role under the company's new business model. Playboy also has its sights on the emerging cannabis market, from CBD products to marijuana products geared toward sexual health and pleasure.” "If THC does become legal in the United States, we have developed certain strains to enhance your sex life that we will launch," Kohn said. https://cheddar.com/media/playboy-goes-public-health-gaming-lifestyle-focus Oh? The CEO actually said it? Ok then. “We have developed certain strains…” They’re already working with growers on strains and genetics? Ok. There are several legal cannabis markets for those products right now, international and stateside. I expect Playboy licensed hemp and THC pre-rolls by EOY. Something like this: https://www.etsy.com/listing/842996758/10-playboy-pre-roll-tubes-limited?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=pre+roll+playboy&ref=sr_gallery-1-2&organic_search_click=1 Maintaining cannabis operations can be costly and a regulatory headache. Playboy’s licensing strategy allows them to pick successful, established partners and sidestep traditional barriers to entry. You know what I like about these new markets? They’re expanding. Worldwide. And they are going to be a bigger deal than they already are with or without Playboy. Who thinks weed and gambling are going away? Too many people like that stuff. These are easy markets. And Playboy is early enough to carve out their spot in each. Fuck it, read this too: https://www.forbes.com/sites/jimosman/2020/10/20/playboy-could-be-the-king-of-spacs-here-are-three-picks/?sh=2e13dcaa3e05
Numbers: You want numbers? I got numbers. As per the company’s most recent SEC filing:
“For the year ended December 31, 2019, and the nine months ended September 30, 2020, Playboy’s historical consolidated revenue was $78.1 million and $101.3 million, respectively, historical consolidated net income (loss) was $(23.6) million and $(4.8) million, respectively, and Adjusted EBITDA was $13.1 million and $21.8 million, respectively.”
“In the nine months ended September 30, 2020, Playboy’s Licensing segment contributed $44.2 million in revenue and $31.1 million in net income.”
“In the ninth months ended September 30, 2020, Playboy’s Direct-to-Consumer segment contributed $40.2 million in revenue and net income of $0.1 million.”
“In the nine months ended September 30, 2020, Playboy’s Digital Subscriptions and Content segment contributed $15.4 million in revenue and net income of $7.4 million.”
They are profitable across all three of their current business segments.
“Playboy’s return to the public markets presents a transformed, streamlined and high-growth business. The Company has over $400 million in cash flows contracted through 2029, sexual wellness products available for sale online and in over 10,000 major retail stores in the US, and a growing variety of clothing and branded lifestyle and digital gaming products.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
Growth: Playboy has massive growth in China and massive growth potential in India. “In China, where Playboy has spent more than 25 years building its business, our licensees have an enormous footprint of nearly 2,500 brick and mortar stores and 1,000 ecommerce stores selling high quality, Playboy-branded men’s casual wear, shoes/footwear, sleepwear, swimwear, formal suits, leather & non-leather goods, sweaters, active wear, and accessories. We have achieved significant growth in China licensing revenues over the past several years in partnership with strong licensees and high-quality manufacturers, and we are planning for increased growth through updates to our men’s fashion lines and expansion into adjacent categories in men’s skincare and grooming, sexual wellness, and women’s fashion, a category where recent launches have been well received.” The men’s market in China is about the same size as the entire population of the United States and European Union combined. Playboy is a leading brand in this market. They are expanding into the women’s market too. Did you know CBD toothpaste is huge in China? China loves CBD products and has hemp fields that dwarf those in the US. If Playboy expands their CBD line China it will be huge. Did you know the gambling money in Macau absolutely puts Las Vegas to shame? Technically, it's illegal on the mainland, but in reality, there is a lot of gambling going on in China. https://www.forbes.com/sites/javierhasse/2020/10/19/magic-johnson-and-uncle-buds-cbd-brand-enter-china-via-tmall-partnership/?sh=271776ca411e “In India, Playboy today has a presence through select apparel licensees and hospitality establishments. Consumer research suggests significant growth opportunities in the territory with Playboy’s brand and categories of focus.” “Playboy Enterprises has announced the expansion of its global consumer products business into India as part of a partnership with Jay Jay Iconic Brands, a leading fashion and lifestyle Company in India.” “The Indian market today is dominated by consumers under the age of 35, who represent more than 65 percent of the country’s total population and are driving India’s significant online shopping growth. The Playboy brand’s core values of playfulness and exploration resonate strongly with the expressed desires of today’s younger millennial consumers. For us, Playboy was the perfect fit.” “The Playboy international portfolio has been flourishing for more than 25 years in several South Asian markets such as China and Japan. In particular, it has strategically targeted the millennial and gen-Z audiences across categories such as apparel, footwear, home textiles, eyewear and watches.” https://www.licenseglobal.com/industry-news/playboy-expands-global-footprint-india It looks like they gave COVID the heisman in terms of net damage sustained: “Although Playboy has not suffered any material adverse consequences to date from the COVID-19 pandemic, the business has been impacted both negatively and positively. The remote working and stay-at-home orders resulted in the closure of the London Playboy Club and retail stores of Playboy’s licensees, decreasing licensing revenues in the second quarter, as well as causing supply chain disruption and less efficient product development thereby slowing the launch of new products. However, these negative impacts were offset by an increase in Yandy’s direct-to-consumer sales, which have benefited in part from overall increases in online retail sales so far during the pandemic.” Looks like the positives are long term (Yandy acquisition) and the negatives are temporary (stay-at-home orders).
https://www.sec.gov/Archives/edgadata/1803914/000110465921006093/tm213766-1_defa14a.htm
This speaks to their ability to maintain a financially solvent company throughout the transition phase to the aforementioned areas. They’d say some fancy shit like “expanded business model to encompass four key revenue streams: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming.” I hear “we’re just biding our time with these trinkets until those dollar dollar bill y’all markets are fully up and running.” But the truth is these existing revenue streams are profitable, scalable, and rapidly expanding Playboy’s e-commerce segment around the world.
"Even in the face of COVID this year, we've been able to grow EBITDA over 100 percent and revenue over 68 percent, and I expect that to accelerate going into 2021," he said. “Playboy is accelerating its growth in company-owned and branded consumer products in attractive and expanding markets in which it has a proven history of brand affinity and consumer spend.”
Also in the SEC filing, the Time Frame:
“As we detailed in the definitive proxy statement, the SPAC stockholder meeting to vote on the transaction has been set for February 9th, and, subject to stockholder approval and satisfaction of the other closing conditions, we expect to complete the merger and begin trading on NASDAQ under ticker PLBY shortly thereafter,” concluded Kohn.
The Players: Suhail “The Whale” Rizvi (HMFIC), Ben “The Bridge” Kohn (CEO), “lil” Suying Liu & “Big” Dong Liu (Young-gun China gang). I encourage you to look these folks up. The real OG here is Suhail Rizvi. He’s from India originally and Chairman of the Board for the new PLBY company. He was an early investor in Twitter, Square, Facebook and others. His firm, Rizvi Traverse, currently invests in Instacart, Pinterest, Snapchat, Playboy, and SpaceX. Maybe you’ve heard of them. “Rizvi, who owns a sprawling three-home compound in Greenwich, Connecticut, and a 1.65-acre estate in Palm Beach, Florida, near Bill Gates and Michael Bloomberg, moved to Iowa Falls when he was five. His father was a professor of psychology at Iowa. Along with his older brother Ashraf, a hedge fund manager, Rizvi graduated from Wharton business school.” “Suhail Rizvi: the 47-year-old 'unsocial' social media baron: When Twitter goes public in the coming weeks (2013), one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his photos from the internet. In IPO, Twitter seeks to be 'anti-FB'” “Prince Alwaleed bin Talal of Saudi Arabia looks like a big Twitter winner. So do the moneyed clients of Jamie Dimon. But as you’ve-got-to-be-joking wealth washed over Twitter on Thursday — a company that didn’t exist eight years ago was worth $31.7 billion after its first day on the stock market — the non-boldface name of the moment is Suhail R. Rizvi. Mr. Rizvi, 47, runs a private investment company that is the largest outside investor in Twitter with a 15.6 percent stake worth $3.8 billion at the end of trading on Thursday (November, 2013). Using a web of connections in the tech industry and in finance, as well as a hearty dose of good timing, he brought many prominent names in at the ground floor, including the Saudi prince and some of JPMorgan’s wealthiest clients.” https://www.nytimes.com/2013/11/08/technology/at-twitter-working-behind-the-scenes-toward-a-billion-dollar-payday.html Y’all like that Arab money? How about a dude that can call up Saudi Princes and convince them to spend? Funniest shit about I read about him: “Rizvi was able to buy only $100 million in Facebook shortly before its IPO, thus limiting his returns, according to people with knowledge of the matter.” Poor guy :(
He should be fine with the 16 million PLBY shares he's going to have though :)
Shuhail also has experience in the entertainment industry. He’s invested in companies like SESAC, ICM, and Summit Entertainment. He’s got Hollywood connections to blast this stuff post-merger. And he’s at least partially responsible for that whole Twilight thing. I’m team Edward btw.
I really like what Suhail has done so far. He’s lurked in the shadows while Kohn is consolidating the company, trimming the fat, making Playboy profitable, and aiming the ship at modern growing markets.
https://www.reuters.com/article/us-twitter-ipo-rizvi-insight/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo-idUSBRE9920VW20131003
Ben “The Bridge” Kohn is an interesting guy. He’s the connection between Rizvi Traverse and Playboy. He’s both CEO of Playboy and was previously Managing Partner at Rizvi Traverse. Ben seems to be the voice of the Playboy-Rizvi partnership, which makes sense with Suhail’s privacy concerns. Kohn said this:
“Today is a very big day for all of us at Playboy and for all our partners globally. I stepped into the CEO role at Playboy in 2017 because I saw the biggest opportunity of my career. Playboy is a brand and platform that could not be replicated today. It has massive global reach, with more than $3B of global consumer spend and products sold in over 180 countries. Our mission – to create a culture where all people can pursue pleasure – is rooted in our 67-year history and creates a clear focus for our business and role we play in people’s lives, providing them with the products, services and experiences that create a lifestyle of pleasure. We are taking this step into the public markets because the committed capital will enable us to accelerate our product development and go-to-market strategies and to more rapidly build our direct to consumer capabilities,” said Ben Kohn, CEO of Playboy.
“Playboy today is a highly profitable commerce business with a total addressable market projected in the trillions of dollars,” Mr. Kohn continued, “We are actively selling into the Sexual Wellness consumer category, projected to be approximately $400 billion in size by 2024, where our recently launched intimacy products have rolled out to more than 10,000 stores at major US retailers in the United States. Combined with our owned & operated ecommerce Sexual Wellness initiatives, the category will contribute more than 40% of our revenue this year. In our Apparel and Beauty categories, our collaborations with high-end fashion brands including Missguided and PacSun are projected to achieve over $50M in retail sales across the US and UK this year, our leading men’s apparel lines in China expanded to nearly 2500 brick and mortar stores and almost 1000 digital stores, and our new men’s and women’s fragrance line recently launched in Europe. In Gaming, our casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth. Our product strategy is informed by years of consumer data as we actively expand from a purely licensing model into owning and operating key high-growth product lines focused on driving profitability and consumer lifetime value. We are thrilled about the future of Playboy. Our foundation has been set to drive further growth and margin, and with the committed capital from this transaction and our more than $180M in NOLs, we will take advantage of the opportunity in front of us, building to our goal of $100M of adjusted EBITDA in 2025.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
Also, according to their Form 4s, “Big” Dong Liu and “lil” Suying Liu just loaded up with shares last week. These guys are brothers and seem like the Chinese market connection. They are only 32 & 35 years old. I don’t even know what that means, but it's provocative.
https://www.secform4.com/insider-trading/1832415.htm
https://finance.yahoo.com/news/mountain-crest-acquisition-corp-ii-002600994.html
Y’all like that China money?
“Mr. Liu has been the Chief Financial Officer of Dongguan Zhishang Photoelectric Technology Co., Ltd., a regional designer, manufacturer and distributor of LED lights serving commercial customers throughout Southern China since November 2016, at which time he led a syndicate of investments into the firm. Mr. Liu has since overseen the financials of Dongguan Zhishang as well as provided strategic guidance to its board of directors, advising on operational efficiency and cash flow performance. From March 2010 to October 2016, Mr. Liu was the Head of Finance at Feidiao Electrical Group Co., Ltd., a leading Chinese manufacturer of electrical outlets headquartered in Shanghai and with businesses in the greater China region as well as Europe.”
Dr. Suying Liu, Chairman and Chief Executive Officer of Mountain Crest Acquisition Corp., commented, “Playboy is a unique and compelling investment opportunity, with one of the world’s largest and most recognized brands, its proven consumer affinity and spend, and its enormous future growth potential in its four product segments and new and existing geographic regions. I am thrilled to be partnering with Ben and his exceptional team to bring his vision to fruition.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
These guys are good. They have a proven track record of success across multiple industries. Connections and money run deep with all of these guys. I don’t think they’re in the game to lose.
I was going to write a couple more paragraphs about why you should have a look at this but really the best thing you can do is read this SEC filing from a couple days ago. It explains the situation in far better detail. Specifically, look to page 137 and read through their strategy. Also, look at their ownership percentages and compensation plans including the stock options and their prices. The financials look great, revenue is up 90% Q3, and it looks like a bright future.
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
I’m hesitant to attach this because his position seems short term, but I’m going to with a warning because he does hit on some good points (two are below his link) and he’s got a sizable position in this thing (500k+ on margin, I think). I don’t know this guy but he did look at the same publicly available info and make roughly the same prediction, albeit without the in depth gambling or cannabis mention. You can also search reddit for ‘MCAC’ and very few relevant results come up and none of them even come close to really looking at this thing.
https://docs.google.com/document/d/1gOvAd6lebs452hFlWWbxVjQ3VMsjGBkbJeXRwDwIJfM/edit?usp=sharing
“Also, before you people start making claims that Playboy is a “boomer” company, STOP RIGHT THERE. This is not a good argument. Simply put. The only thing that matters is Playboy’s name recognition, not their archaic business model which doesn’t even exist anymore as they have completely repurposed their business.”
“Imagine not buying $MCAC at a 400M valuation lol. Streetwear department is worth 1B alone imo.”
Considering the ridiculous Chinese growth as a lifestyle brand, he’s not wrong.
Current Cultural Significance and Meme Value: A year ago I wouldn’t have included this section but the events from the last several weeks (even going back to tsla) have proven that a company’s ability to meme and/or gain social network popularity can have an effect. Tik-tok, Snapchat, Twitch, Reddit, Youtube, Facebook, Twitter. They all have Playboy stuff on them. Kids in middle and highschool know what Playboy is but will likely never see or touch one of the magazines in person. They’ll have a Playboy hoodie though. Crazy huh? A lot like GME, PLBY would hugely benefit from meme-value stock interest to drive engagement towards their new business model while also building strategic coffers. This interest may not directly and/or significantly move the stock price but can generate significant interest from larger players who will.
Bull Case: The year is 2025. Playboy is now the world leader pleasure brand. They began by offering Playboy licensed gaming products, including gambling products, direct to consumers through existing names. By 2022, demand has skyrocketed and Playboy has designed and released their own gambling platforms. In 2025, they are also a leading cannabis brand in the United States and Canada with proprietary strains and products geared towards sexual wellness. Cannabis was legalized in the US in 2023 when President Biden got glaucoma but had success with cannabis treatment. He personally pushes for cannabis legalization as he steps out of office after his first term. Playboy has also grown their brand in China and India to multi-billion per year markets. The stock goes up from 11ish to 100ish and everyone makes big gains buying somewhere along the way.
Bear Case: The United States does a complete 180 on marijuana and gambling. President Biden overdoses on marijuana in the Lincoln bedroom when his FDs go tits up and he loses a ton of money in his sports book app after the Fighting Blue Hens narrowly lose the National Championship to Bama. Playboy is unable to expand their cannabis and gambling brands but still does well with their worldwide lifestyle brand. They gain and lose some interest in China and India but the markets are too large to ignore them completely. The stock goes up from 11ish to 13ish and everyone makes 15-20% gains.
TL;DR: Successful technology/e-commerce investment firm took over Playboy to turn it into a porn, online gambling/gaming, sports book, cannabis company, worldwide lifestyle brand that promotes sexual wellness, vetern access, women-ownership, minority-ownership, and “pleasure for all”. Does a successful online team reinventing an antiquated physical copy giant sound familiar? No options yet, shares only for now. $11.38 per share at time of writing. My guess? $20 by the end of February. $50 by EOY. This is not financial advice. I am not qualified to give financial advice. I’m just sayin’ I would personally use a Playboy sports book app while smoking a Playboy strain specific joint and it would be cool if they did that. Do your own research. You’d probably want to start here:
WARNING - POTENTIALLY NSFW - SEXY MODELS AHEAD - no actual nudity though
https://s26.q4cdn.com/895475556/files/doc_presentations/Playboy-Craig-Hallum-Conference-Investor-Presentation-11_17_20-compressed.pdf
Or here:
https://www.mcacquisition.com/investor-relations/default.aspx
Jimmy Chill: “Get into any SPAC at $10 or $11 and you are going to make money.”
STL;DR: Buy MCAC. MCAC > PLBY couple weeks. Rocketship. Moon.
Position: 5000 shares. I will buy short, medium, and long-dated calls once available.
submitted by jeromeBDpowell to SPACs [link] [comments]

Here’s your morning coffee!

Good morning, hope everyone trades responsibly, let’s make some money!

DOW JONES

Boeing Company (BA) - Air Lease (AL) updated on its order book deliveries, sales and new significant financing occurring in Q2; at the end of the quarter, its fleet was comprised of 301 owned aircraft and 81 managed aircraft, with 398 new aircraft on order from Boeing and Airbus (EADSY) set to deliver through 2026; it delivered one new Airbus A320neo aircraft from its order book, and sold four aircraft.
Johnson & Johnson (JNJ) is facing calls from over 170 nonprofit groups to stop selling its talc-based Baby Powder worldwide, over concerns that it contains cancer-causing Asbestos, while some are also calling for the clearing of existing inventories.
Walgreens Boots Alliance (WBA) Q3 20 (USD): Adj. EPS 0.83 (exp. 1.17), Revenue 34.6bln (exp. 34.36bln), FY20 Adj. EPS view 4.65-4.75 (exp. 5.42); Suspending share repurchase programme, raises quarterly dividend to USD 0.4675/shr, a 2.2% increase. US Retail Pharmacy SSS +3.0% (exp. +1.2%). Most significant COVID-19 impact was in the UK market which required a review resulting in a non-cash impairment charge of USD 2bln. Boots (UK) will be cutting around 4,000 jobs. Annual cost savings to be in excess of USD 2bln by FY2022.

NASDAQ 100

Alphabet Inc (GOOG/GOOGL) said it has shut down its cloud project named “Isolated Region” and added that it was not weighing options to offer its cloud platform in China; earlier reports had stated that GOOG had shelved the project in China and other politically sensitive countries in May, partly due to rising geopolitical tensions and the pandemic; GOOG, however, added that the project’s shutdown was not due to either of those two reasons and that it has not offered cloud platform services in China.
American Airlines Group (AAL) / United Airlines (UAL) have temporarily halted flights to Hong Kong after its government-imposed coronavirus testing requirements for airline crews, according to Politico.
Costco Wholesale Corp. (COST) June sales update saw comparable sales (ex-gasoline and FX) rose 13.6% in the June five-week period, accelerating from the +9.2% seen in May, beating forecasts for around 9% growth.
Facebook, Inc. (FB) announced it is starting a chat with a business using QR codes, where people can scan QR codes businesses show at stores, product packaging or receipts to start a chat. It notes there are over 50mln WhatsApp Business app users globally every month.
Gilead Sciences (GILD) plans to make more of its drug remdesivir available for Germany and Europe from the fall, and will decide how much each country gets based on the rate of infection; it added that it could increase its worldwide monthly production from currently 190,000 treatment cycles to two million treatment cycles in December. Remdesivir is currently the only drug granted a conditional marketing authorisation by the EU for its use in COVID-19 patients.Oracle Corp. (ORCL) (Information Technology/Application Software) has been awarded a cloud services agreement by the Canadian government.

S & P 500

Carnival Corp. (CCL) Aida cruises are to recommence sailing vacations in August.
Ford Motor (F) said its China vehicle sales increased 3% in April-June from a year earlier, its first quarterly sales rise in China in almost three years; China sales grew by 158,589 units in Q2, attributed to the rise to a stronger vehicle line up and “strong demand following the lifting of COVID-19 pandemic restrictions”.
Mylan NV (MYL) announced it received FDA approval for its Hulio, a biosimilar to AbbVie Inc. (ABBV) Humira, for the treatment of rheumatoid arthritis.
Twitter, Inc. (TWTR) has been accused of being biased against conservatives and demanded information about its reactions to two tweets by President Donald Trump; two GOP lawmakers allege TWTR’s content moderation was not neutral. Meanwhile, analysts at Citi note its shares overreacted to the potential subscription service reports yesterday. Analyst Jason Bazinet says although it makes sense, there are many unknowns, such as the price and whether or not it will have advertisements. The analyst highlights that a consumer survey shows roughly 10% of its respondents were willing to pay for a USD 5/mth plan without ads and more analytic services. Citi estimates if such a service were to occur, it would be priced at USD 20/year internationally and USD 60/year in the US, assuming a 5% penetration for base case and 10% for its bull case with advertisements, the analyst believes the revenue contribution would be limited. Citi maintain a neutral rating.
United Continental Holdings (UAL) expects to recognise USD 300mln in employee separation charges in Q2, with USD 50mln to be in cash.
ViacomCBS (VIAC) reached a deal to stream all the UEFA Champions League and Europa League matches starting in August.

OTHER

Bed Bath & Beyond (BBBY) Q1 20 (USD): Adj. EPS -1.96 (exp. -1.22), revenue 1.31bln (exp. 1.39bln). Announced it is to close 200 stores over two years as sales fell around 50% during pandemic; BBBY said it was not reporting comp sales due to temporary store closures.
DocuSign (DOCU) had its PT upgraded at Wedbush to USD 240 (prev. USD 165, prev. closing price 206.35). The analyst “continues to believe DOCU’s deal flow is holding up well/stronger than expected in this Covid-19 pandemic environment which bodes well for strong underlying metrics/headline numbers during FY2Q”.
DraftKings (DKNG) and Twin River Worldwide (TRWH) Mardi Gras Casino announced the opening of DKNG’s temporary sportsbook at the casino in Black Hawk, Colorado. Guests can place bets at the sportsbook from 10th July.
Energy Transfer (ET) provided further clarification around news reports regarding the operations of the Dakota Access Pipeline, stating that it has never suggested that it would defy a court order. Rather, Dakota Access Pipeline was seeking appropriate relief from that order through the established legal process.
Japan Display (6740 JT) : FY group net loss JPY 101.42bln (prev. net loss JPY 106.59bln), operating loss JPY 38.54bln (prev. loss JPY 27.23bln), recurring loss JPY 57.76bln (prev. JPY 40.37bln).
Moderna (MRNA) announced a collaboration for large-scale commercial fill-finish manufacturing of its vaccine candidate with Rovi.
PTC (PTC) expects to deliver fiscal third quarter 2020 ARR growth of 9% year over year, 10% in constant currency; and also expects to deliver double-digit revenue and free cash flow year-over-year growth for the fiscal third quarter 2020; it will report results on 29th July.
Restaurant Brands (QSR) Burger King in the UK is warning of 1,600 potential job losses as it could close up to 10% of its restaurants
SAP (SAP GY, SAP) – Q2 prelim: total revenue EUR 6.74bln, +2% (+1% non-IFRS), operating profit EUR 1.28bln, +55% YY (+8% non-IFRS), non-IFRS cloud revenue EUR 2.04bln +21% YY (19% non-IFRS). At present, cloud backlog seen at EUR 6.65bln, +20%, cloud backlog remains strong but cloud revenue in Q2 was impacted by lower pay-as-you-go transactional revenue given COVID-19. Reiterates FY20 outlook. For FY20: confirm non-IFRS revenue EUR 27.8-28.5bln vs. Prev. EUR 27.6bln, cloud revenue EUR 8.3-8.7bln vs. prev. EUR 7.0bln, operating profit EUR 8.1-8.7bln vs. Prev. EUR 8.2bln. Have seen a strong sequential improvement compared to Q1 regarding software license revenue. Q2 & H1 results will be released on 27th July.
Siemens (SIE GY, SIEGY) – Are to spin off 55% of Siemens Energy to shareholders will equate to 1 Siemens Energy share for 2 Siemens shares. Initial listing of new shares is scheduled for 28th September 2020, will commence with a BBB rating at S&P. Siemens will retain a 35.1% stake in the spin-off and the Siemens pension trust an additional 9.9% stake, as such Siemens no longer has a controlling share. Further stake reductions could take place at a significant scale in the next 12-18 months. Separately, Co. are not planning any job reductions from COVID-19. For reference, in FY19 Siemens Energy generated revenue of circa EUR 29bln according to Siemens AG combined statements.

Additional US Equity Stories

Of note for Social Media names (FB, TWTR, SNAP), ByteDance is reportedly considering a change in the corporate structure to distance the app from China, and is also considering a TikTok HQ outside of China, according to WSJ.
Peloton (PTON) new product will probably not be a rowing machine or exercise bike, its CFO announced, but it could potentially be a lower price treadmill. The CFO stated the co. believes “the running and boot camp category is two-to-three [times] the size of the bike category”, adding it is first and foremost on their minds, reports Barron’s.
Walgreens Boots Alliance (WBA) CFO says towards the end of Q3 online volume sales reached Black Friday levels on a daily basis, and May sales increased almost 120%, with June sales growth even higher.
Tesla (TSLA) CEO Musk announced the automaker was "very close" to developing fully autonomous vehicles and could work out the basics of that technology as soon as this year; he reiterated that the electric vehicle maker has solved most of the essential challenges toward achieving fully self-driven cars that needs no human behind the wheel. The Tesla and SpaceX chief was reaffirming a goal first expressed in 2019.
Delta AIrlines (DAL) CEO reiterates urge for workers to consider voluntary departure., and announced it flew 20% of customers over the July 4th weekend.
submitted by WSBConsensus to wallstreetbets [link] [comments]

Wrestling Observer Rewind ★ Feb. 8, 1988

Going through old issues of the Wrestling Observer Newsletter and posting highlights in my own words, continuing in the footsteps of daprice82. For anyone interested, I highly recommend signing up for the actual site at f4wonline and checking out the full archives.
• PREVIOUS •
1987
FUTURE YEARS ARCHIVE:
The Complete Observer Rewind Archive by daprice82
1-4-1988 1-11-1988 1-18-1988 1-25-1988
2-1-1988
  • The wrestling war is, for all intents and purposes, over. The war between the territories, the ongoing collapse of the territory system, and Vince McMahon’s rise is certainly the biggest story in decades, and at this point the war is over and Vince McMahon has won. Sure, the fighting is still ongoing, but even if JCP can recover from their troubles, the gap between them and WWF is there and it’s just going to keep widening.
  • The biggest story of the week is that WWF has announced its ppv schedule for the next year. March 27 (Wrestlemania IV), August 29, November 24 (Survivor Series), and January 15 (Royal Rumble). Four ppvs doesn’t look like a big deal, just capitalization on the market trend. But it’s going to have a major effect on Crockett. Crockett had been planning ppv shows in early April (Crockett Cup), July (Great American Bash), and November 24 (Starrcade). With WWF’s new calendar and the exclusivity clause in their ppv deals requiring no competing wrestling ppv events 60 days before and 21 days after their shows and the success of Survivor Series and Wrestlemania IV (presumed for that one - Dave expects Wrestlemania IV to be the biggest grossing ppv ever to this point), WWF is putting the squeeze to Crockett. And in doing so, they’re killing any chance Crockett can compete and break into the ppv market. Long-term, ppv is going to mean live gates will be completely insignificant (like it already is in boxing - and hey, in 2020 we have seen the prophecy fulfilled). Because of ppv, Dave expects Wrestlemania IV to gross as much as every other American promotion will gross for the entirety of 1988, combined. Hence why the gap is wide and will only get wider, and JCP will never catch up. JCP’s going to try to counter, and the apparent move will be to shift those events to prime-time WTBS live (or very recently filmed, like a Saturday Night’s Main Event) specials all built as major cards. Starrcade probably will not be among those, Dave figures this will help.
  • WWF’s Royal Rumble came out the clear winner against the Bunkhouse Stampede Finals. The Rumble drew an 8.2 rating and was seen in 3.2 million homes, which is twice as many people as when Georgia Championship Wrestling’s show on WTBS was big several years ago when this wrestling war was getting started. It’s the highest rated show in the history of the USA network, and the encore broadcast on Monday drew a 4.8 rating (a regular episode of Prime Time Wrestling in that time slot usually draws a 2.9). All this means that the repeat showing of the Rumble was probably the second highest rated show on cable during the last week.
  • PPV numbers take longer to get, but it’s possible to make some sense of preliminary reports for the Bunkhouse Finals. The show was likely profitable, purely in terms of money, but the reaction was strongly negative. Early reports estimate the buyrate at 4%, which tells us that if given a fair shot at ppv, Crocket could be profitable with a ppv line up. That’s also encouraging for Crockett, since the card wasn’t strong and the show didn’t have the best heat, but those things may be moot now that WWF has a full year’s schedule set up. Big props to the JCP broadcast team for how well they sold the ppv in advance, because ppv and closed-circuit purchases are majority (90%) last minute, as opposed to house show tickets which are typically bought well in advance.
  • Wrestlemania IV is expected to sell out by the time this issue hits you. Yeah, Dave. By 32 years now. Anyway, about 14,000 seats went on sale to the general public on Saturday and all but a few thousand were sold by the end of the day. The highest price was $150. It’s funny to Dave that despite the crowd discrepancy, WWF may make as much off 14,000 tickets for Mania IV as they did selling 90,000 for Mania III (The April 3, 2000 issue is the earliest I can find for when Dave revised his view of the numbers for Wrestlemania 3). Anyway, the Convention Center is home to Trump Plaza Hotel and Casino, and Donald Trump is using Wrestlemania as the centerpiece of a weekend-long event designed to attract vacation families to his casinos, including a Gloria Estefan and Miami Sound Machine concert in the adjacent Convention Center ballroom. So I guess we can put Donald Trump down as the innovator of Wrestlemania weekend. WWF claims Wrestlemania will be available in up to 9 million homes on ppv, and if the show gets a similar buyrate to last year’s then we’re talking around $15 million on ppv, $1 million live, and probably $4-5 million at closed-circuit.
Watch: Dave Meltzer talks about Bresloff telling him 78,000
  • The employment status of the Rock & Roll Express, Michael Hayes, and Steve Williams with JCP has significantly cleared up. The Rock & Roll Express were fired at the Bunkhouse Finals. On January 23, they were asked to do a clean job to Warlord and Ivan Koloff in 12 minutes. Koloff’s been a low card guy recently, and they have been main guys for years, so instead they did the job in 12 seconds (Ricky Morton laid down and let Warlord pin him). Then they flew to New York for the finals, and Dusty learned what happened (he was not at the show on the 23rd) and fired them on the spot. They could be heading anywhere, though WWF is doubtful due to their size. Michael Hayes was fired last week following an incident. He was teaming with Jimmy Garvin and feuding with Ric Flair on the most recent tour; those spots have been taken by Ron Garvin and Sting, the latter of whom is having an accelerated push as a result. Hayes is expected back at World Class, though he did send a resume to WWF. As for Steve Williams, he stayed an extra week in Japan and missed the Stampede. He’s in a contract dispute with Crockett over whether the money he makes in Japan counts against his guaranteed minimum pay from Crockett (Crockett says yes, Williams says no, you’re not paying it so it doesn’t count toward the minimum you are paying him - corporations are not your friends). Williams has disconnected his phone and is out of communication.
  • Cable ratings for wrestling in the fourth quarter of 1987 dropped from the the third quarter. The World Championship Wrestling show dropped from second to eighth overall, and WWF’s All-American Wrestling surpassed it at seventh. Prime Time Wrestling, formerly ranked third, fell to tenth, while the Sunday WTBS show dropped from tenth to twentieth. AWA on ESPN dropped out of the top 20 (it was number 19 in the third quarter). Some of the drop probably comes from the change in how ratings are gathered (enter the Nielsen box, or “people-meter” as it’s known at this point). There’s controversy about this whole way of gathering ratings, as detractors believe that the boxes ensure shows that appeal to women will receive higher ratings than they would get otherwise. Regardless, wrestling shows across the board dropped about 10% in the ratings in the fourth quarter.
  • New Japan’s “Martial Arts Olympic” event in the Tokyo Dome has some hoping it will surpass Wrestlemania 3 for biggest live gate ever. They’ve sold tickets at as much as $220 for ringside and sold out those events, so there’s a chance they could if they price right and sell out. Dave’s been told that Inoki vs. Koji Kitao has the potential to double the gate of Inoki’s matches with Leon Spinks and Masa Saito (each over $700,000). If they can get Taue, that’s probably the best opponent they can get for Inoki to ensure a big draw. I think last week he may have written All Japan, but he's very clear this is an Inoki idea this week.
  • Speaking of Inoki, New Japan recently did a tour in Italy. The big show was January 24 in Rome and drew 8,000 fans. New Japan actually airs on tv in Italy, and Inoki was the big draw, and he pinned Badnews Allen in the main event. Shane Douglas won a battle royal on the show too. These are the first “western-style” pro wrestling matches in Italy since WWF did a show in Milan back in October.
  • Jake Roberts was on Ellery Queen mystery magazine’s cover this month, and Muscular Development did a cover story on Jesse Ventura. The Ventura article is excellent, but mostly about his life and training regimen, and not to do with wrestling.
Jake Roberts on the cover of Ellery Queen Mystery Magazine
  • Genichiro Tenryu won all the major awards in Japan. Tokyo Sports named in MVP of wrestling, and Gong Magazine and Weekly Pro Wrestling gave him the equivalent. He beat Riki Choshu in Gong’s annual popularity poll as the most popular Japanese wrestler (Maeda came in second, so pressure there for New Japan to bring him back). Chigusa Nagayo placed 9th, the first time a woman has cracked the top ten of Gong’s poll.
  • Dave went to the WWF show at the Cow Palace on January 30. It’s his first live show since Japan, and the show drew pretty well, but not as well as you’d expect from a show with a battle royal in the area. The big news of the show were four no-shows: the British Bulldogs (Dave’s heard one of them collapsed at the airport and the other went to the hospital with him), Billy Jack Haynes (his health’s really bad and he’s missed a lot of bookings lately and folks are speculating his career is done), and Bam Bam Bigelow (scheduled to face Ted DiBiase, but he had knee surgery so no clue when he’ll be back). Due to the no-shows, the athletic commission ordered WWF to offer refunds to anyone who wanted them before the end of the second match. He runs down the card: Ron Bass pinned JYD, Ultimate Warrior pinned Harley Race. Warrior’s over big, but still sucks. Ted DiBiase beat George Steele by DQ and Dave alludes to last week’s decision to no longer call matches “abortions” and says “The only word to describe this match is one that has been banned from my vocabulary.” Don Muraco pinned Butch Reed in an okay match. The Jumping Bomb Angels beat the Glamour Girls to retain their tag titles in the only good match on the card (Dave gives it three stars). Noriyo Tateno pinned one of the Girls, Dave doesn’t identify her, saying “you know how it is with those people, they all look alike to me,” which is a pretty solid skewering of people who say that about the Angels and other Asian wrestlers, imo. Ted DiBiase won the bunkhouse battle royal to moderate heat. Hercules pinned Hillbilly Jim. Jim Duggan and Ken Patera beat Demolition and Mr. Fuji by pinning Fuji. Jake Roberts and One Man Gang went to a double countout.
  • By the way, the California state assembly voted 60-7 to reclassify pro wrestling as entertainment and not a sport. So that means once the bill passes the state senate, athletic commissions will have no power over pro wrestling in California, and wrestlers will not need wrestling licenses to work in the state (which was already a joke of a requirement - Dave got a print-out once of all 60 wrestlers licensed in California and major guys like Hogan and Steamboat weren’t on the list).
  • The lineup for AWA’s February 4 show, the last at the Minneapolis Auditorium before it’s demolished, has been announced. Curt Hennig defends the AWA Title against Greg Gagne in a cage match. The Midnight Rockers defend the tag titles against a mystery team (the latest announcement was Nick Kiniski and Kevin Kelly, but Kiniski was let go this week and they’re building to a face turn for Kelly). The rest of the card has Dick the Bruiser vs. Adnan al-Kaissey, Billy Robinson vs. Tom Zenk (particularly interesting since Robinson is in for a one-off but has a reputation as a shooter, as well as competing against Verne as a promoter sometimes, so there’s a chance he may go into business for himself), Wahoo McDaniel and Baron Von Raschke vs. The Nasty Boys, and Billy Jack Strong vs. Soldat Ustinov.
  • Adrian Adonis broke his ankle at the AWA tv tapings in Minot, North Dakota.He was getting whipped into the turnbuckle and stepped into a hole in the ring. He won’t be back for at least two months. Adonis has about 4 months left before he dies.
  • AWA released a song called “Superstars of the AWA.” Jerry Lawler and Jeff Jarrett were in it due to the increased swapping of talent between Memphis and AWA. I could not find the song.
  • Something Dave forgot to mention about the WWF battle royal in San Francisco. Technically there were 19 guys, but only 18 actually worked the match. George Steele came out about a minute late, walked around the ring for a few minutes without getting inside, and then just walked to the back with JYD when JYD was eliminated (JYD was the second out of the match). Dave guesses at George’s age he didn’t want to take the bump or something. Dave recalls a story he heard about an unnamed WWF “neanderthal character” who stalled outside the ring for a complete match, and when one fan yelled to “Get in the ring, you lazy bum” he retorted (despite his character not being able to speak English): “What do you think this is, the NWA?”
  • WWF Superstars tapings were held on January 26 in Hershey, Pennsylvania. Barry Horowitz and Steve Lombardi beat Lanny Poffo and Scott Casey, which set up the main event for the second hour of the taping where the Killer Bees beat Horowitz and Lombardi. Rick Rude and Ricky Steamboat had a match that ended in a big brawl that got Hercules, Harley Race, Jim Duggan, and Ultimate Warrior involved. The main event of the live show was not taped for tv, but had Hogan and Bigelow going over Andre and DiBiase (Hogan pinned DiBiase). Andre’s contribution to the match was one minute (of nine total for the match) in the ring, and a body slam to Hogan before almost collapsing. Commentary for this taping was not done live, but rather will be done in post-production due to the fact that they’re waiting for The Main Event first, since these will all air after that sets up the angles.
  • Dave hears that the decision on what to do with Hogan/Andre at The Main Event will be decided this week once his filming schedule is determined. If he’s available for weekends, he’ll stay champion through the summer. If not, then a title change will happen and DiBiase is the likely beneficiary.
  • [Stampede] Badnews Allen and Jason the Terrible were fined $200 and $300, respectively, by Calgary City Hall. This is in relation to their brawl in the audience on December 18 that led to a woman in the audience suffering a concussion.
  • Oregon will be holding a special show on February 16 as a Frank Bonema Memorial show. Bonema was the tv announcer from Portland who passed away in 1982 or 1983. They haven’t announced any matches yet, but Curt Hennig is supposed to defend the AWA Title against their Northwest Title holder at the time, and there are plans for a tag title match, a strap match, and a cage match.
  • The February 12 card will be the last card by Continental in Knoxville before Ron Fuller’s new promotion takes over the area from them. The situation with Alabama’s territory continues to confuse me.
  • Nobuhiko Takada beat Owen Hart on January 13 in one of the highlights of New Japan’s jr. heavyweight tournament. As of January 26, here’s the status of the tournament: Koshinaka leads with 34 points (7-1 record), Takada has 31 points (6-1-1 record), Hart at 29 points (6-2 record), Hase also has 29 points. Yamazaki has 24 points (5-2 record), and Yamada is 4-2-1 with 21 points. Kobayashi has 24 (5-1), Saito at 19 (4-4), and everyone else is negligible at the moment. The finals will be on February 7.
  • All Japan is pushing a big show for March 9 featuring Hansen vs. Tenryu. That will be a double title match, as Tenryu puts up the United National Title against Hansen’s PWF Title (Dave expects a double countout. Other matches will include Jumbo Tsuruta vs. Tiger Mask II, Baba and Wajima vs. Kimura and Tsurumi, and others.
  • Giant Baba’s been negotiating with the Funks and David Manning about getting All Japan on tv in the U.S. All part of his angling to help the promotions outside the NWA and WWF against the juggernauts.
  • AJW is building a big match for February 25, Dump Matsumoto’s retirement show. Dump and Yukari Omori (also retiring that night) will face the Crush Gals in a tag match. Also on the card will be a battle royal and Yumiko Hotta/Mitsuko Nishiwaki vs. Bull Nakano/Condor Saito for the vacant tag team titles.
  • AJW’s annual rookie auditions took place on January 17 in Tokyo. 1500 girls showed up, and seven were picked based on their performance in various athletic and endurance drills. Dave says this is one of the main reasons it’s ridiculous to attempt to compare joshi wrestling to any American promotion. Only the top half a percent in terms of athletic ability are chosen for training in the first place, and then “they train them like spartans from the age of 15-17 and by the time they are around 22, if they’ve even survived, they are better workers than virtually all the men.” And with the retirement age of 26, nobody stays on so long they feel stale. Then again, that level of training sounds kind of easy to become mega abusive from a 2020 standpoint.
  • Lots of rumor that NWA’s recent firings aren’t due to discipline issues but due to the company having financial issues. That’s the story those being fired have given. Michael Hayes in particular claims that he and Crockett agreed to a two year deal for $150k per year, but Crockett never signed it and when he pressured Crockett to sign (he wasn’t making money with the contract unsigned), and so he got fired for missing the January 23 show in Cincinnati. Even as Crockett’s financial issues become more and more apparent, they do seem to be recovering at the gate a little.
  • Unlike WWF, NWA’s weightlifting competition used legit weights. All four guys did 460 pound bench presses easy, then Paul Ellering called to move the bar to 600. Animal failed first, and they threw chalk in his eyes and he bled and was “taken to the hospital” and the whole thing came across well.
  • The road to Barry Windham joining the Horsemen (not that Dave suspects anything yet) continues as he and Luger are being pushed as a tag team. Meanwhile, Flair and Sting are set to feud.
  • Dave once again clarifies about Hawk’s line (because apparently he’s still saying it). It’s Neo Maxi Zoom Dweebies, not Neo Nazi Zoom Dweebies.
  • Crockett referee Jeff Goldberg writes in to correct the record on something. In the January 18 issue, a reader wrote in about the December 26 show in Philadelphia and said it looked like the referee screwed up the finish. Goldberg says he acted as instructed, and Flair would not have congratulated him later on if he had screwed up. He also says readers often blame referees for screwing up finishes, but that’s usually the wrestlers who screw up (or the finish is in fact supposed to look screwed up). Referees can be green just like wrestlers, but he’s proud not to be one of them.
  • Another reader tells us that his cable company had Bunkhouse Stampede, but Crockett did a LOLNWA. Crockett announced that Sammons cable would have the show on January 23 (day before the ppv). Except they didn’t air the announcement until 2 pm that day, had given no announcement ahead of that time, and Sammons closed their company office for the weekend at noon on the 23rd.
  • The longest letter this week is all about how Bret Hart deserves a bigger push. Brief version: Vince is making a big mistake by not pushing Bret as a singles star. Even the casual fans buy into him. He’s got promo ability, the ability to make a bad wrestler look good (very important in WWF), and he’d make a great opponent for Randy Savage after an Intercontinental Title change. Give it a few years, Jeff. You’ll get your wish and then some.
  • Crockett’s apparently going to keep two offices open. The Dallas office will be for tv production, and the Charlotte office will remain as the base for talent.
  • Mike Rotunda won the NWA TV Title from Nikita Koloff on January 26, then gave the Florida Title to Rick Steiner. Interestingly, Dusty did a promo referencing the Hogan/Andre/DiBiase title situation and said that in the NWA you can’t buy a title. Well, Dave points out, DiBiase offered $1 million to Hogan for the title, so that seems to be the going rate for the WWF championship for a year. Meanwhile, Rick Steiner got the Florida Title for free, which pretty accurately reflects the worth of that title.
  • World Class drew a crowd of 80 in Houston on January 26. No, you didn’t read that number wrong.
THURSDAY: Hogan drops the WWF Title (really the only big story next week)
submitted by SaintRidley to SquaredCircle [link] [comments]

Wrestling Observer Rewind ★ Jan. 28, 2002

Going through old issues of the Wrestling Observer Newsletter and posting highlights in my own words. For anyone interested, I highly recommend signing up for the actual site at f4wonline and checking out the full archives.
PREVIOUSLY: The Complete Wrestling Observer Rewind 1991-2001
1-7-2002 1-14-2002 1-21-2002
  • NJPW was thrown into chaos this week when Keiji Muto, Satoshi Kojima, and IWGP Jr. Heavyweight champion Kendo Kashin all abruptly quit the company, along with 5 of NJPW's front office employees, and are headed to AJPW. Needless to say, this immediately killed the working relationship between the two companies and NJPW is already attempting to forge a new partnership with NOAH. There's also said to be a significant power struggle within NJPW right now behind the scenes that will likely be straightened out whenever Inoki returns to Japan (he's in Los Angeles right now). Tatsumi Fujinami is NJPW president but in the wake of losing these big stars, and the disappointing TV ratings for the Jan. 4th show, it's rumored his days may be numbered. There's rumors that Inoki may take over the role for the first time since he was forced out of the position back in 1983 (long story, bunch of financial scandals, Google is your friend here). Muto is currently half of the IWGP tag team champions and they were scheduled to defend the titles next month and he volunteered to still work the show, but NJPW wasn't having that so that won't be happening now and the titles will instead be vacated, along with the Jr. title Kashin held. And of course, the IWGP title is also currently vacant due to Fujita's injury, so all of NJPW's top titles are vacant right now (the only other active title is the Jr. tag belts, held by Gedo and Jado).
  • Lots of rumors floating around about how this happened, but the gist appears to be that Hiroshi Hase was the architect (no Seth) behind this whole thing. Reportedly, Muto (and maybe some of the other people who left) may be purchasing a stake of AJPW from Motoko Baba so he'll have some ownership say. The long-term idea is that Mrs. Baba will step down in a few years and Muto, who by then should be ready to retire (lol) will take over the role as AJPW president. Of course, that was the original plan for Misawa after Giant Baba died, but he and Motoko Baba couldn't get along and Misawa eventually left and formed NOAH instead. It's also worth noting that Kashin in particular wasn't thrilled about doing shoot fights while working in NJPW, but felt pressured to by Inoki and he reportedly wanted out of the company even if the AJPW thing hadn't been an option. As for Kojima, he and Tenzan have been the best tag team pro wrestling has seen in years and from an in-ring perspective, may have been the best pure worker in NJPW so his loss is going to hurt a lot too. The office workers who left are mostly accounting and merchandising people who will be doing the same jobs for AJPW.
  • One bummer of a note here is that, before this, Muto had talked of putting together a dream match against Misawa. But as long as Motoko Baba is breathing air, an AJPW star isn't going to work with Misawa, so that's probably a dead issue (yeah, sadly we never did get that match).
  • One final note: Muto also tried to recruit NJPW rising star Hiroshi Tanahashi, who most believe has the most potential of anyone in the entire company, to jump ship with him but Tanahashi decided to stay (oh man, can you imagine how different things would be if he had gone).
  • On Raw this week, Vince McMahon teased the impending arrival of Hall, Nash, and Hogan, saying he's going to do something soon that even he will regret. Vince has reportedly caved on most of Nash's demands, including the reduced schedule. Hall will be making less money than Nash and will be given an even lighter schedule, because he's a single parent with custody of his children (and Dave questions how fucked up Dana Hall must be if SCOTT is the one who has custody). And of course, you gotta figure Hogan ain't working a full schedule, since he hasn't done that in a decade and probably ain't gonna start now. Of course, this puts WWF in the same position WCW was in a few years ago: having all the top stars working TV and not appearing on house shows, which is something WWF used to openly mock WCW for. Now they'll be doing the same thing, with the same guys. It's something that killed WCW's house show business long before the TV ratings started going down. There's also the issue of how they'll get along backstage, since many of the agents (Dave says Gerald Brisco in particular) were very vocally against bringing these guys back. And then there's John Laurinaitis, who has a lot of power backstage now and he and Nash used to butt heads constantly in WCW. So things are gonna be interesting.
  • In a bit of a surprise, Vince has also agreed to let them use the NWO name and gimmick, and that reveal was made later in the week on Smackdown when Vince talked about killing the WWF with the help of the NWO. As of now, there's no plans for Triple H to join the group. X-Pac will probably find his way into it, given his relationship and history with the group. Nash is reportedly pushing for Shawn Michaels to be involved, but Dave has heard that's unlikely because there's still some fences that need to be mended there between Shawn and some in the company. But then again, Nash has gotten his way on everything else he's asked Vince for so far, so who knows? Anyway, Hall and Nash have officially signed, but Hogan still hasn't finalized his deal as of press time, but the office has been told it's inevitable and to start making plans as if he's signed. It's expected all 3 men will probably debut at the No Way Out PPV next month.
WATCH: Vince McMahon announces the arrival of the NWO
  • The Royal Rumble is in the books and was a huge success. Critically, it was an excellent show, nothing MOTY-worthy or anything, but nothing bad at all and was a legit sellout. Coming out of the show, it appears Chris Jericho will be defending the WWF title against Triple H at Wrestlemania, though that can still change. Triple H winning the Rumble was expected but made the most sense. The Rumble match lasted just over 69 minutes (nice), surpassing the 1993 Rumble and, as far as Dave is aware, making it the longest mach in WWF history (a famous Pedro Morales vs. Bruno Sammartino match in 1972 was reported in all the newspapers as lasting 75 minutes, but it was actually only 65 so don't come at Dave with no "well actually..." bullshit)
  • The return of Mr. Perfect and him being put over like a major star (he lasted until the final 4) proves that WWF has no intention of letting any other competitor get off the ground and will nip that in the bud before it ever happens. Hennig has been available for more that a year (WCW released him before they folded) and WWF never seemed interested, but as soon as XWF came along and made him their featured star (with plans to make him the face of the company), suddenly WWF swooped him up. Hennig's appearance was meant to be a one-off but it was known they were likely going to offer him a deal if he was impressive, and they have. It may not be a huge get for WWF, but it's a massive loss for XWF and pretty much renders their entire first set of TV tapings meaningless now, and Dave says that was precisely the point. Vince left the door open for competition once before and it nearly killed him. He won't make that mistake again (not until 2019 anyway). Dave says to let this be a lesson to any new promotion trying to start up: make sure you have people signed.
  • Other notes from Royal Rumble: Goldust, who was also a one-off for the match, is expected to sign a full-time deal as well. FlaiVince street fight was way better than it had any right to be considering it was between two guys over 50, one of whom isn't even a trained wrestler and the other hasn't wrestled in nearly a year since the final Nitro. Jericho retained the title over Rock in an excellent match and Dave notes that no one in the history of wrestling with the kind of main event star power Rock possesses has ever done as many jobs as him. Maven dropkicking Undertaker out of the Rumble match was the biggest pop of the entire show. But then Undertaker spent the next several minutes beating poor Maven nearly to death, lest anyone think Undertaker was actually trying to get this kid over or anything. Overall, Dave thinks it was the best Rumble match in several years.
WATCH: Maven eliminates Undertaker from the 2002 Royal Rumble
  • The tradition of Memphis wrestling on WMC-TV has been revived! Sorta. The show, dating back to the 70s, has been off the air since last spring when the TV station refused to allow them to tape shows in their studio anymore. For the next few months, they aired a bunch of "Best of" shows but those eventually stopped in December and they've been airing infomercials in that time slot ever since. But this week, a show featuring Jerry Lawler and Brian Christopher in the main event, taped at a nearby casino in Tunica, MS aired on the channel in the usual Saturday morning time slot. Dave says the production quality was garbage and there was no local publicity for it, so it probably did a terrible rating, but it's something (pretty much just one last dying gasp, this doesn't lead to anything).
  • Carlos Colon said he's going to cut back on being an active wrestler because he wants to spend more time with his kids. Dave points out that most of his kids are wrestlers in his company, so maybe he's actually trying to get away from them.
  • NJPW star Minoru Tanaka announced his engagement to former women's wrestler Yumi Fukawa, who retired last year (did some research and they're still married to this day. Tanaka still wrestles in NOAH and Fukawa is an actress in Japan).
  • Atsushi Onita, who has been issuing grandstand challenges to Antonio Inoki for months with no response, has now challenged Naoya Ogawa for a match and wants it to be a benefit show in Afghanistan for the kids there. Dave says don't hold your breath for that one either. Onita says if he beats Ogawa, he wants the match with Inoki. Again, none of this is happening, just Onita trying to work his own angle. Neither Inoki nor Ogawa want anything to do with him.
  • Goldberg participated in a charity golf tournament this week and while there, he made some comments about going to the WWF. "I personally believe that everything I've stood for when I got into the ring would be compromised and succumbed to the circus-like atmosphere that's out there, and that's putting it mildly. I would be an imbecile if I gave up half my money to work for a company I didn't respect." Dave wonders if his tune will change when that WCW contract money dries up (yup). Also, at the same tournament, they did a funny little angle with Goldberg throwing his caddie into a lake.
WATCH: Goldberg torpedoes his caddie into the lake
  • Superstar Billy Graham has reportedly lost nearly 60 pounds in just 3 weeks, most of it water weight due to edema he's suffering from and all the other liver issues he's currently dealing with.
  • Bruno Sammartino did an interview talking about the role he has in a new low-budget movie called Saloonatics where he plays a mob guy with cancer. Sammartino talked about how uncomfortable he was with all the profanity his character had to say but he eventually got more comfortable with it and was able to put aside his personal feelings and eventually was okay with it. (No idea where the full movie is, but here's a trailer and yeah this shit is LOOOOOOOW budget).
WATCH: Saloonatics trailer
  • Former WCW announcer Mark Madden is in some controversy in Pittsburgh, where he hosts a daily sports talk show on the local ESPN radio station there. A few weeks back, the sports media in the city was swirling with rumors about NFL star Kordell Stewart's sexuality. Madden went on his radio show and criticized people who were spreading those rumors. A writer who works at the radio station then went on the air and accused Madden of being one of the main people who fueled those rumors and claimed Madden had said things in the past on his show implying that Stewart is gay. Madden denied ever saying that, demanded the guy find the tapes to prove he ever said it, and basically felt like the guy ambushed him live on the air with the accusations. The radio station apparently agreed because the writer was fired when he refused to apologize (for what it's worth, several people have made accusations about Stewart being gay over the years and he's always denied them, and even successfully sued someone a few years ago for claiming he had a relationship with him. Who knows and who cares? Not anybody's business anyway).
  • Jake Roberts was on a radio talk show in England recently and said some interesting stuff. Said he plans to stay in the UK for the next 2 years. Said he could walk back into the WWF and have a writing job tomorrow if he wanted it. Dave scoffs at that and says I guess he prefers wrestling in front of empty indie show crowds in England instead of earning a steady paycheck. Jake also talked about the scene in Beyond The Mat where the movie alleges that Roberts asked an indie promoter for crack cocaine as his payoff for working the show. Roberts denied it happened and said he doesn't trust a promoter with anything, so he wouldn't trust one to get him crack. Well okay then. Claimed he left the WWF last time because he wasn't comfortable with the angle he was doing with Jerry Lawler, feeling like they were exploiting his sobriety. Dave pretty much rolls his eyes at all this, because Jake was actually fired for going on a bender and no-showing a bunch of events (I'm glad we all love Jake now, but he was still 1000% full of shit and off the deep end during this period).
  • Iron Shiek missed an appearance on the Opie & Anthony radio show this week because he was detained for several hours at the airport. Turns out he wore his curly toed wrestling boots on the plane and because this is 4 months after 9/11 and only 1 month after the attempted shoe-bomber, and let's be honest, simply because Iron Shiek is Middle Eastern, people freaked out. And when they wanted to examine his boots, he initially refused to let them and, well, you can imagine how well that went over with airport security.
  • If WWA's PPV in Las Vegas happens next month, Bret Hart has agreed to reprise his role as the on-screen commissioner. As best Dave can tell, no one else has really been signed on for the show and the MGM Grand doesn't know anything about this alleged plan to hold the event in their arena and in fact, WWA hasn't even applied with the Nevada commission to get a license to run a show anywhere in the state and it's almost certainly too late to get one by the scheduled date. So Dave is skeptical that this even happens, and if it does, he can't see it being in Las Vegas. (Surprisingly, it does happen and it is in Vegas, but we'll get there.)
  • Speaking of the Nevada athletic commission, XWF brought a bunch of wrestlers and a wrestling ring to the National Association of Television Program Executives conference in Vegas, with hopes of putting on a live show and impressing all the TV execs and trying to secure a TV deal. But the XWF didn't get permission from the Nevada commission, so they weren't allowed to use the ring and do a show. Whoops.
  • Speaking of XWF, morale is in the dumps in that company right now. Losing both Hulk Hogan and Curt Hennig (neither of whom were signed but had been working with them) as well as Sting reportedly not being interested has killed a lot of the excitement about the promotion for people within it.
  • Notes from Raw: Flair cut an emotional promo about his history in wrestling and how he was on the road so much and put wrestling ahead of his family and not seeing his kids and all that stuff. During the promo, Lawler made a sarcastic joke about Flair needing to have his priorities in order, which Dave thinks is pretty rich coming from Lawler, who lived the exact same life and wasn't much of a father to his kids either (which Lawler has admitted, to be fair). They're continuing to tease a Triple H/Stephanie split, with him being annoyed at her nagging. Speaking of Triple H, Dave thinks he needs to lose at least 15 pounds because he's totally slow and lumbering since he came back.
  • Notes from Smackdown: AJ Styles worked a dark match, losing to Rico Constantino, but apparently he looked awesome in the match (yeah he hits an awesome shooting star to the floor late in the match). And the show ended with McMahon doing the big NWO reveal on the back of his chair during his promo.
WATCH: AJ Styles vs. Rico Constantino dark match - 2002
  • Regarding Triple H's match on Smackdown last week, where they gave away his return match on free TV 3 days before the Rumble. Remember how Dave was flabbergasted that they would be so short-sighted? Turns out Triple H felt the same way and fought hard against it, but Vince wouldn't budge.
  • Chris Benoit is telling people he expects to be back in the ring around June (yup).
  • Jim Ross answered some questions at a press thing last week and had lots of interesting stuff to say. He said the criticism WWF was receiving for bringing in Hall, Nash, and Hogan hurts, but they have to do what's best for the company and Vince feels this is it. Doesn't sound like JR loves the idea too much either. They've had no talks with Scott Steiner. When told of Goldberg's recent comments (mentioned above), he said he wanted to believe Goldberg hadn't really said that and thought it was a shame. Said there's heat on Jeff Jarrett for how he left the WWF last time so he probably won't be welcomed back anytime soon. JR also hinted that the brand split will come after Wrestlemania and implied that they will be reviving the cruiserweight division. Dave says he's convinced that Vince will never get behind pushing cruiserweights as major stars so he's not holding out hope for that. Said they may bring in Rey Mysterio if they decided to launch a cruiserweight division. Said they'd love to have Eddie Guerrero back but he has to get his personal issues straightened out first. Same with Shawn Michaels, plus they don't know if he could physically do it.
  • ESPN's Bill Simmons wrote an article reviewing Royal Rumble 2002 and Dave thinks it was great. In one piece, Simmons managed to pretty much sum up all of WWF's recent problems while still acknowledging that the show was entertaining. And the link Dave posted for it in 2002 still works!
WATCH: Bill Simmons reviews the 2002 Royal Rumble
  • Unless things change, Chris Jericho is gonna be in an awkward situation next week. Jericho is scheduled to play in a celebrity hockey game as part of NHL All Star Weekend. Who will his celebrity coach be, you ask? Goldberg. As of press time, most people in WWF don't seem to be aware of it and Dave wouldn't be surprised if Jericho gets pulled from it.
  • Booker T was on the Howard Stern show (after his comments last week saying he wasn't a fan of Stern, go figure) and talked about his time in prison and his plans to write a book. He also said he hopes to retire in 2 years which Dave ain't buying (yeah, still about 10 years away from that). He also said someone is suing him over the term "Spinaroonie" because apparently someone else thinks they own the rights to that name. Booker also mentioned that he's dating former Nitro Girl Sharmell Sullivan. Dave notes that they've been dating since WCW and Booker is the one who helped her get hired by WWF, where she's currently in developmental.
  • DDP has also said he plans to retire in 2 years, to become a motivational speaker. This one actually almost happened. He left WWF just 3 months after this and didn't wrestle at all for several years. Then he had a brief run in TNA but he's been mostly retired other than some one-offs ever since.
  • Randy Orton is moving up to the main roster. In his final OVW match, Orton lost clean to Prototype and Dave says it's clear they're grooming Prototype to be the next OVW champion.
WATCH: Randy Orton vs. Prototype - OVW 2002
WEDNESDAY: More on the impending arrival of the NWO, more on the upcoming brand split, cruiserweight division, and more...
submitted by daprice82 to SquaredCircle [link] [comments]

If you’re new to Coronavirus research, start here…

Feb 19, 2020, updated periodically...Unfortunately there’s not just one link you can use to get an estimate of the real numbers of infected, or of the seriousness of this outbreak, and you will have to do some digging of your own. But here are a few points to consider and research for yourself:

The basics

Other reasons why we don't believe the official numbers

What leaked videos and social media posts have shown us has happened in China

A 4-minute quick intro: /CoronavirusFOS/comments/fgk1b9/covid19_deus_ex_coronavirus_clip_compilation/

What else is happening in China

The Unknowns

What's happening outside of China

Supply Chain and Economic Impacts

There’s much more that can be posted here, but that's enough topics to get you started on your own research. I really doubt this is going to be disappearing in a month or two. If any readers have a source or video link etc., or additional points they you'd like me to add, just reply to this message, or send me a private message if you prefer. Thanks for reading!
submitted by TeRiYaki32 to CoronavirusFOS [link] [comments]

japan casino license announcement video

Gambling Industry Announcement and Partnership Roundup – February 9, 2021 . Daniel Gardner. 14 hours Ago. As the retail crowd descends on penny stocks, here are some casino targets for them ... The Race for a Japan Casino License Is Now MGM Resorts' to Lose After Wynn Resorts drops out, MGM looks like it has the inside track for an Osaka license. Rich Duprey (TMFCop) Nov 10, 2019 at 12 ... Japan Won’t Consider Casino Bids Before 2021 Under Proposed Government Timeline. Posted on: November 21, 2019, 03:31h. Last updated on: November 21, 2019, 10:12h. Caesars announcement that it has decided to abandon its Japanese plan arrived just as two of its biggest rivals reaffirmed their commitment to taking part in the nation’s casino license race. Last week, Las Vegas Sands announced that it would no longer pursue development opportunities in Osaka and would instead focus on such opportunities in Tokyo and Yokohama . Five things to know about Japan's new casino law Parliament passes historic bill opening up $16bn gaming market Japan is poised to become the world's second-biggest gambling market, after Macau ... Yokohama’s announcement from last August that it would participate in the casino license race pushed the port city among the frontrunners in that same race. In fact, the participation of Japan’s second largest city was so-well received that many of the international major casino operators eyeing expansion through partnership with Osaka abandoned their plans in favor of Yokohama. Osaka wants to have a casino resort up and running by the 2025 World Expo. That will be a tight schedule if the central government doesn’t issue a license within the next couple of years. MGM ... OSAKA/TOKYO -- Las Vegas-based casino owner MGM Resorts International said recently it would invest in a 1 trillion yen ($9 billion) project together with 10 local companies in Osaka, in its joint ... Caesars Entertainment Corp. said it won’t pursue a license for a casino in Japan and will focus instead on its current business plan, including a merger with Eldorado Resorts Inc. scheduled to ... Following passage of an eagerly anticipated bill to legalise integrated resorts, Japan is now primed to step forward as one of the most significant expansion opportunities in the history of the international casino industry. Japan - Country Report Still, there is a long road ahead before the specifics of Japan’s casino regime are set in stone.The path toward Japanese casino

japan casino license announcement top

[index] [835] [1043] [3376] [9911] [407] [4040] [636] [9748] [2327] [1545]

japan casino license announcement

Copyright © 2024 top.realmoneygame.xyz