EDIT - one week after i posted this, Britain's most successful hedge fund manager Michael Platt has taken a 6.5% stake
tl;dr
At-NAV new SPAC with world-leading expertise in online gambling. Worth a bet on potential to be next DKNG on the hype train
   
+++++++
Hi all - have had a lot of great tips from this sub. Hopefully this pays some of you back. I have been watching and researching this since 23 December when it first filed S1, awaiting the units to be listed - they are available today trading as ADERU
Positions - 500 units @ 10.42 to start. Will be monitoring and building position below $15, especially if attention starts to build ahead of units and warrants splitting and shares coming available to Robinhood.
(My other SPAC positions are OPEN, IPO-E-F, PSTH, FUSE, PIPP, ACTC, CCIV and DMYD, 100 to 1000 shares each mostly around NAV and numerous warrants and options around these.)
As ever, this is not investment advice and do your own research
+++++++
   
26 Capital Acquisition Corp or ADER
is a 240m SPAC with usual terms - 10$ units, 1/2 warrants. Seeking a merger in "gaming and gaming technology, branded consumer, lodging and entertainment, and Internet commerce sectors".
I think this is highly worth a play on the online gambling hype if you can get in at near NAV, based entirely on the management which is unbeatable in its knowledge of the gambling industry
   
CEO Jason Ader
has held director level positions at Las Vegas Sands Corp. ($42bn one of biggest casino groups in world), IGT (£3.72bn multinational gambling firm specialised in software and slot machines) and Playtech (£1.4bn multinational gambling software firm)
Before starting his own fund in 2013 he was regularly ranked Wall Street's top analyst on the gambling and leisure sector
His fund, Spring Owl Capital, is a small activist fund focused on gambling and leisure. They are probably most famous for ousting the CEO of Viacom in 2016 and a crusade against Yahoo CEO Marissa Meyer in 2015.
Ader knows the gambling - and online gambling - industry inside out. He drove bWin to a £1.1bn takeover by gambling giant GVC (now Entain) in 2016, and has been driving similar change and demands for improvement at board level at Playtech
The fund mostly manages money for a select group of wealthy families, which could be a positive sign for the SPAC (although I don't know how much skin in the SPAC the fund has, if any)
Here is a video of Ader from November talking about how he's excited about SPACs. He talks about how he has been advising certain States about legalising sports betting and how to maximise value and liquidity by linking up with European companies in the space (Playtech e.g.??).
Ader is extremely bullish on US legalising online casino and more sports betting options, accelerated by need for revenue because of pandemic
   
Rafi Ashkenazi
One of the most highly respected names in the online gambling world, including COO and CEO positions at major online gambling firms such as Playtech and Stars Group (a world leader in online poker and casino). At Stars he led the $4.7bn takeover of Sky Betting to create the world's largest publicly listed online betting firm in 2018. Most recently he led the £10bn merger between Flutter (biggest gambling company in world by revenue, market cap £26bn), and Stars Group (Ader also involved). Also has connections into the booming Israel tech space which is interesting
   
Joseph Kaminkow
Special Advisor to the Chief Product Officer at Aristocrat, a leading gambling software provider and games publisher, previously Vice President of Game Design at Zynga Inc. This guy is a former video game / pinball designer who is credited with revolutionising the slots industry after moving into gambling software from video games in 1999. Regarded as a "legend" and "hall of famer" in this niche. At Zynga he designed so-called 'social casino games' which don't involve real-money gambling but are otherwise basically gambling apps (revenue from microtransactions etc). 130 patents on gambling/gaming design inventions
   
Greg Lyss
This is a very interesting but extremely low profile person. He was Bill Ackman a.k.a SPACman's right hand man at Gotham Capital. Ackman respected him so much that when Ackman set up a personal hedge fund to invest the Ackman family's money, he put Lyss in charge of it. To repeat - Bill Ackman thinks this guy is such a good investor and trustworthy that he put him in charge of investing his family's money. Don't know anything more about him, but I like this association with Ackman, which suggests to me some integrity around management of this SPAC, especially as the gambling world can be very murky.
The other member of the team is the CFO of SpringOwl with 20+ years' hedge fund experience and not notable (although clearly competent)
   
Thesis / potential targets
Based on the above experience and many public comments by Ader over the past year, I would be very surprised if ADER is not looking to merge with an online gambling technology provider / existing online betting website / social casino app / possibly a supporting technology provider
They are activist inventors, and specifically say in the IPO prospectus that they could look for businesses that can benefit from turnaround or are not being run well. I speculate that their deep knowledge of the European / global online gambling industry means they have a target in mind that they think would benefit from their expertise and US liberalisation of gambling legislation.
   
1) Ader believes the listing of UK-listed gambling companies in US is immediately big in terms of market cap because of the premium on online gambling stocks in US. He has pitched DraftKings to takeover Playtech and called on Playtech to spin off non-core business. This makes me wonder if he would spin off some element of Playtech to list in US to cash in on gambling hype.
This might be Finalto.com / TradeTech which is an online financial platform owned by Playtech. Playtech has been trying to sell this for 200 - 240m since August so it fits. This company provides liquidity and trading to brokerages and runs markets.com a trading site. I wouldn't be that excited although apparently the business has been booming during COVID and there could be a decent pop just on fintech hype.
   
2) This could be a 'picks and shovel' type data/B2B betting software play a la DMYD, or something like e.g. Israel based CRM software Optimove which works with some of biggest online gambling cos and has links to Ashkenazi. This would be interesting but probably not a huge pop
   
3) Possibly - given Ader's links to Sands - an online gambling tie-up with one of the big Vegas casinos who are desperate to get into the online betting space (see MGM's attempt to buy Entain for $8bn last week). Interestingly, Sands' owner Sheldon Adelson, previously a major opponent of online betting, has just died. Ader predicted a few months ago that Sands would be moving in this direction.

“There’s no stopping online gaming,” Ader said [before Adelson's death]. “(Las Vegas Sands’) initiatives to stop online gaming, at this stage, are largely historic. There hasn’t been a lot of spending recently to do that, especially post-pandemic.”
“I think the company will see the value created by DraftKings and FanDuel and Penn (National) Gaming and others. They’re not foolish,” Ader added. source

   
4) Ader is very confident that Macau will legalise online gambling in next year or two. Sands is big in Macau, the biggest gambling market in the world. A SaaS-type product positioned to capitalise on Asian gambling would be MASSIVE - at present however, China's attitude to gambling and local regulations mean this is unlikely
   
5) I also wonder if they might try to take legitimate one of the offshore bookmakers with big customer databases and brand recognition but which have been grey-area/illegal under US gaming legislation. For example, Five Dimes recently announced a settlement with the FBI to attempt to transition into newly legalised US markets. This might have the most hype potential
   
Potential upside
This is entirely a play on management experience and the meme factor / hype around online gambling in the US. I think if they pick a good target - which given their experience and connections seems likely - and get the right publicity and attention from retail investors looking for the next DKNG this could easily 3x and maybe 5-6x if on DKNG-type hype levels.
There is currently little spotlight on this and it is a good time to get in at NAV
   
Potential Downside

• Ader has been vocal that he thinks US online betting is overvalued and in a bubble - why is he starting his own SPAC in the space then? Does he just want to cash in while the hype is at all-time high or does he have a legitimate business goal?
  
• If he just wants to dump a part of Playtech which he does not like onto retail investors, this is a bad deal.
  
• Other targets could be e.g. hotel industry or other leisure sector which would be zero sexiness to retail. Given Ashkenazi and Kaminkow's background this seems unlikely though
  
• Usual SPAC caveats apply about potential difficulty finding a target, locking up your money for unspecified period of time, and the fact I may have completely misread the potential and my above thesis might be totally wrong
  

30 years old. I have had a gambling problem since childhood when I used to bet on penny slots (we call them fruit machines in the UK). My gambling problem was especially bad when I was a student, where I'd go through short booms then long busts every time I got my student loans, and had to live by shoplifting, sometimes for months at a time. I was a member of two different GA groups in the UK although I never actually stopped gambling for very long. If I am totally honest with myself I think I have never been more eight-ten months without gambling, since I was a teenager.
I had to leave the UK for my work in 2014, and now I live in Asia. I am very lucky that I work very hard, am good at my job, and I have a huge disposable income. I am able to save 50-70 percent of the money I make in a month now. Unfortunately since I left the UK I still managed to gamble away maybe 2/3rds of the money I save, every time I fall back into gambling.
In 2021 I got involved in cryptocurrency, although this led to more gambling. I was able to run up a sizable sum, although I lost half of it one night playing games drunk. I decided to YOLO into Gamestop stocks hoping by a miracle I would make back the amount I lost, and what do you know? I actually did. I could have cashed out back at my highest peak (still down by 100k or more lifetime, but ahead by a few thousand this year and that is what is important, right?)
But being the gambler I am I let it ride and didn't sell my GME investment until it was only worth slightly less than what I paid for it. I feel terrible as at one point I was up almost five figures but that still wasn't enough for me.
Between that and the gambling in crypto (like actual gambling, online casinos, not just holding BTC), I lost 25% of my network since December. It is the equivilant of almost a years worth of savings for me, assuming I went a whole year without gambling, which I never have done. So it is quite a blow.
This time I really want to turn a new leaf. I always try to remember how grateful I am that I have such good opportunities, that I can make and save so much money. I want to try and become the person I should have been if I never ever gambled... although who knows what that would be like?
The good news is;
I have no debt or dependents. I have a good job. I still have a lot of money in the bank, a lot of food in the fridge. In practical terms the amount I gambled in the last two months doesn't change my life at all (which is what makes it so illogical).
The hurdles are:
1) I live alone. 2) I have no family and very few friends around me. 3) I am constantly isolated and bored. Except for New Years Eve I havent seen anyone outside of my work in almost two months. 4) I live in a country with very little English support, no GA meetings, nothing like that. 5) Because of my living situation cutting off my access to money is impossible. 6) I have never been able to find any anti-gambling software I couldn't find my way around.
Like I said I spent time in GA so I know all the wisdom and sayings. I know what I should do but
I want to get better and I want to share that with someone.
I have been considering going to a doctor to try and get anti-depressants or something? But I don't know if I am depressed and keep lapsing into gambling because I'm depressed, or just temporarily depressed because of the money I lost.
You know how it is? After a long gambling binge it is very hard to go back to normal life and normal feelings.
I would like to talk to somebody. If anybody has time. I wanna remember this and share this.
I am one day without a bet. Thanks for listening.

This guide aims to outline all of the best gambling cashback offers available over a range of sites, following this guide you should be able to make over £500 in cashback
Note - Cashback often takes a while to payout, bear this in mind when completing offers as you may have to wait to cashout your earnings
When completing these offers don't chase any loses as the cashback will give you a profit with nerly every offer
A short review of each site and some referral links
Topcashback - Cashback will show as tracked within a few days, can take a few weeks to become payable, in some cases even longer, asides from gambling they have great offers for car insurance and mobile phone contracts, worth taking a look to save some extra money!
Ref - Extra £5 when you make £10 cashback
Non-Ref - No reward
Quidco - Much the same as Topcashback
Ref
Non-Ref
Minimum payment - £10
Ohmydosh - Faster Payouts but less offers
Ref - Extra £1
Non-Ref - No reward
Minimum payout - Any
Cashback Earners - A lesser known site in need of a fresh look, this site also has some bad reviews, referal income is paid to the site on a monthly basis with the dates for each site being different, offers don't seem to show as tracked until the website receive their payment, cashback should appear in your account within 1 month of completing an offer. Cashout amounts are specific, its best to build up a balance and then withdraw. Payment takes around 3 weeks.
Ref - Sign up bonus £6.5
Non-Ref - Sign up bonus £6.5
Minimum payout is £20
Payment Proof - Payments for all sites can be seen here, quidco isn't shown as i have signed up for all the casinos on offer through topcashback

How to Maximize Profit - IMPORTANT - READ THIS

For the majority of these offers you want to play blackjack following the chart found here
Any blackjack game will do, look for a normal version of the game at the site you are playing on and make sure it is a non live game as the hand sizes will be lower.
When playing blackjack there will often be more than one spot that you can bet on, allowing the player to bet more than one hand at a time, Its important to only bet on one spot at a time as it reduces the variance of the game and will ensure you get the maximum return possible from the game, stick to £1 hand sizes when playing and dont be tempted to bet larger amounts as you will be getting a nice amount of cashback from every offer
Through playing blackjack this way the player will get a return of around 98%, meaning for every £100 staked you will lose around £2. If you make a loss on a casino site after completing the required wagering amount, withdraw your remaining balance, don't chase loses as the cashback will make up for loses and give you a profit in most cases.
All offers are updated fairly regularly, make sure to check the terms for each offer as information in this post may become outdated. Also check for other offers every now and then as new casinos are added!

TopCashBack Offers - £400+ Profit

Topcashback Referral - Get an extra £5 - See the Ref Link at the top of the page!
If you dont already have an account at top cashback, you can sign up through my referral to get an extra £5 added to you account once you make £10 cashback
Lottoland - Cashback £15
Add £11 and play 11 separate £1 hands, following the strategy outlined at the top of the post, withdraw any remaining balance.
Betfair Casino - Cashback £70
Note this is not the poker offer
Add £50 to your account and play 50 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Quidco are offering £100 for this offer
Party Casino - Cashback £26.5
Deposit and play 30 single £1 hand son blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Tombola - Cashback £24.5
Deposit £10 and open the tombola roulette game, choose a £1 chip size and choose 5 spots, repeat this twice, withdraw any remaining balance, you will likely lose money here but the cashback will give you a profit
Coral - Cashback £46
Add £10 and play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Bingoport - Cashback £3
Sign up to bingoport to get an easy £3
Ladbrokes - Cashback £42
Add £10 to your account and play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Pokerstars - Cashback £32
Add £25 and play 25 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
STS - Cashback £21
Add £30 to your account and play 30 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
William Hill - Cashback £54
add £25 and play 25 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Megacasino - £15.75
Add £25 - Play 25 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
LottoGo - Cashback £3.18
Buy a euromillions ticket
Slingo - Cashback £24.75
Add £10 play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
PaddyPower Games - Cashback £20
Add £10 play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
The Football Pools - Cashback £24.75
Sign up for the £10 a month subscription, cancel this after 30 days
Lottomart - Cashback £18
Add £10 - Play 10 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Genting Slots - Cashback £25
Add £30 play 30 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
OhMyDosh - Cashback £40+
Referral gives an extra £1, sign up through the ref link at the top of the post to get the bonus!
Gala Bingo - Cashback £17.50
Deposit at least £5, you'll get a £10 slots bonus and 100 free spins, these carry hefty wagering requirements, Open any slot and play the minimum spin size, play until you lose all of the money in your account or complete the wagering requirements on the bonus funds. Withdraw any remaining balance.
BGO - £10 Cashback
Deposit at least £15. Play 15 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance. DONT ACCEPT the welcome bonus from BGO.
Lottosocial - Cashback £4
Sign up to Lotto Social - Use your correct phone number when joining as it is the only way to login to your account. Purchase 10 lines for £1, after making a purchase go to your account page and find the list of syndicates your are in, leave the syndicates to avoid making any more payments.
Cheeky Bingo - £10 Cashback
Deposit £10 and get a £40 welcome bonus, just play bingo with all of your funds and hope to get some wins, bonus has 4x wagering requirements.

Quidco - Cashback £100+

Quidco don't offer a sign up bonus, find my ref link at the top of the post if you want to help me out!
All of the offers on quidco are much the same as topcashback, the only offer worth noting is the betfair casino offer which pays £100
Betfair - £100 cashback
Add £100 and play 100 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.

Cashbackearners - Cashback £180+

Sign up Bonus
Get a £6.5 sign up bonus, think this works with or without the ref link, links are at the top of the post!
To find these offers just search for casino on the site.
All of these offers state that you only need to make a deposit, its best to play through the deposit 1x to ensure that the cashback is paid.
LuckyMeSlots - Cashback £15
Add £15 and play 15 single £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Spin Genie - Cashback £12.5
Add £12.5 and play 12.5 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Cashmo - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Don't spin the wheel that pops up after signing up or accept any other bonuses.
Ice36 -Cashback £15
Add £15 and play 15 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Spinhill Casino - Cashback £15
Add £15 and play 15 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Galacasino - Cashback £30
add £30 and play 30 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Casino765 - Cashback £12.5
Add £12.5 and play 12.5 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
Casinosuperwins - Not recommended, bad site, awful support
Casino2020 - Cashback £15
Add £15 and play through £15 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
Pocketwin - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
The Sun Vegas - Cashback £15
Add £15 and play 15 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
DrSlot - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
MrSpin - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
PrimeCasino - Cashback £15
Add £15 and play 15 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
ConquestAdor - Cashback £10
Add £10 play 10 £1 hands on blackjack following the strategy outlined at the top of the post, withdraw any remaining balance.
MFortune - Cashback £10
Add £10 and play through £10 on any slot staking the minimum amount per spin. Keep track of spins and quit the slot after wagering the required amount. Don't spin the wheel that pops up after signing up or accept any other bonuses.
Thanks for reading, hope this of use to some people, happy earning!

30 years old. I have had a gambling problem since childhood when I used to bet on penny slots (we call them fruit machines in the UK). My gambling problem was especially bad when I was a student, where I'd go through short booms then long busts every time I got my student loans, and had to live by shoplifting, sometimes for months at a time. I was a member of two different GA groups in the UK although I never actually stopped gambling for very long. If I am totally honest with myself I think I have never been more eight-ten months without gambling, since I was a teenager.
I had to leave the UK for my work in 2014, and now I live in Asia. I am very lucky that I work very hard, am good at my job, and I have a huge disposable income. I am able to save 50-70 percent of the money I make in a month now. Unfortunately since I left the UK I still managed to gamble away maybe 2/3rds of the money I save, every time I fall back into gambling.
In 2021 I got involved in cryptocurrency, although this led to more gambling. I was able to run up a sizable sum, although I lost half of it one night playing games drunk. I decided to YOLO into Gamestop stocks hoping by a miracle I would make back the amount I lost, and what do you know? I actually did. I could have cashed out back at my highest peak (still down by 100k or more lifetime, but ahead by a few thousand this year and that is what is important, right?)
But being the gambler I am I let it ride and didn't sell my GME investment until it was only worth slightly less than what I paid for it. I feel terrible as at one point I was up almost five figures but that still wasn't enough for me.
Between that and the gambling in crypto (like actual gambling, online casinos, not just holding BTC), I lost 25% of my network since December. It is the equivilant of almost a years worth of savings for me, assuming I went a whole year without gambling, which I never have done. So it is quite a blow.
This time I really want to turn a new leaf. I always try to remember how grateful I am that I have such good opportunities, that I can make and save so much money. I want to try and become the person I should have been if I never ever gambled... although who knows what that would be like?
The good news is;
I have no debt or dependents. I have a good job. I still have a lot of money in the bank, a lot of food in the fridge. In practical terms the amount I gambled in the last two months doesn't change my life at all (which is what makes it so illogical).
The hurdles are:
1) I live alone. 2) I have no family and very few friends around me. 3) I am constantly isolated and bored. Except for New Years Eve I havent seen anyone outside of my work in almost two months. 4) I live in a country with very little English support, no GA meetings, nothing like that. 5) Because of my living situation cutting off my access to money is impossible. 6) I have never been able to find any anti-gambling software I couldn't find my way around.
Like I said I spent time in GA so I know all the wisdom and sayings. I know what I should do but
I want to get better and I want to share that with someone.
I have been considering going to a doctor to try and get anti-depressants or something? But I don't know if I am depressed and keep lapsing into gambling because I'm depressed, or just temporarily depressed because of the money I lost.
You know how it is? After a long gambling binge it is very hard to go back to normal life and normal feelings.
I would like to talk to somebody. If anybody has time. I wanna remember this and share this.
I am one day without a bet. Thanks for listening.

Up to £219.11 profit in cashback through gambling offers with TopCashback, Quidco and OhMyDosh
TopCashback, Quidco and OhMyDosh always have a number of gambling offers available, with the offered amounts often changing daily or weekly. There are currently quite a few offers available on each where the cashback amount is more than the required deposit or wager amount. I've done most of these and always keep an eye out for when the amounts increase, to make sure I can get the most for my money. The offers they have on at the moment are some of the best I've ever seen for them.
The first step is to sign up for the cashback sites if you haven't already. If you use a referral link to sign up then you can get an extra bonus once your cashback becomes payable:

• TopCashback referral link (£5 bonus / non-ref link (no bonus)
• Quidco referral link (£5 bonus) / non-ref link (no bonus)
• OhMyDosh referral link (£2 bonus) / non-ref link (no bonus)

Then the next step is to work through the offers. These are all only available for new customers, so if you already have an account with one of the sites then you won't be eligible for the offer from them unfortunately. It's also worth checking the terms as some have specific wagering requirements, for example Betfair Casino must be completed within 3 days of opening your account and low risk roulette bets (covering 25 or more of the 37 outcomes) are excluded from counting towards the wager.
Offers

#	Site	From	Cashback	Deposit/Wager	Profit
1	Coral Casino	TCB	£42	£10	£32
2	Ladbrokes Casino	TCB / Quidco	£42	£10	£32
3	Betfair Casino	Quidco	£40	£10	£30
4	William Hill Casino	TCB / Quidco	£54	£25	£29
5	Pokerstars	TCB / Quidco	£32	£20	£12
6	Paddy Power Games	TCB / Quidco	£20	£10	£10
7	Lottomart	TCB	£18	£10	£8
8	Foxy Bingo	OMD	£12.50	£5	£7.50
9	Gala Bingo	OMD	£12.50	£5	£7.50
9	Buzz Bingo	OMD	£17.50	£10	£7.50
10	Lottoland	TCB	£22	£15.01	£6.99
11	Tombola	TCB / Quidco	£15	£10	£5
12	Cheeky Bingo	OMD	£15	£10	£5
13	BingoPort	TCB	£4	-	£4
14	LottoGo	OMD	£4.50	£2	£2.50
15	Free Slots Genie	OMD	£1.25	-	£1.25
16	Profit Accumulator	TCB	£1.05	-	£1.05
17	The Best Free Spins	OMD	£1	-	£1
18	Free Spins Wizard	OMD	£1	-	£1
19	Pick My Postcode	TCB	£0.90	-	£0.90
20	Search Lotto	TCB	£0.82	-	£0.82
21	Free Spins Loopy	OMD	£0.80	-	£0.80
22	Super Free Slots	OMD	£0.70	-	£0.70
23	FreeBingoGenie	OMD	£0.60	-	£0.60
24	bgo	OMD	£10	£10	-
24	Slingo	OMD	£20	£20	-

Notes
If you complete all these offers then you should make £207.11 cashback in profit through the offers alone. If you are new to the cashback sites and sign up through referral links then this will be £219.11 instead. There's also a chance you can make a profit on any or all the offers and walk away with even more.
There's also a final few key points:

• Make sure you have all adblockers and tracking protection switched off as otherwise this may lead to issues with the cashback tracking correctly.
• I've listed the highest paying in terms of deposit/wager to cashback offers here, but if you have a preference for one cashback site over the other then they often offer very similar amounts if you'd rather go with the other instead.
• Similarly, some sites (OhMyDosh in particular) offer a lower cashback amount but also a lower deposit/wager amount, which may be more appealing to some.
• Some of the offers may require a premium subscription to receive the mentioned amount. I wrote a guide to maximising cashback that explains these.
• I don't like to say the cashback is guaranteed as all the cashback sites say it never is, but I've never had an issue with any of these sites, whether through gambling or other offers.
• Please be aware that these all these offers all are gambling, so I'd highly recommend depositing and wagering only the mimimum amount required to get the cashback, then withdrawing any profit you may have made.
• Please Be Gamble Aware when using these sites.

Let me know if you have any questions about any of these offers :)

How has this been allowed to go on for so long? It's indisputable that lootboxes represent a form of gambling. They have been injected into an industry that is dominated by under 18s and is exploiting them. They generate '£23bn a year and rising' [1]. Is this the reason the UK government is working at a snail's pace to confront this problem?
The governments response to the Digital, Culture, Media and Sport Select Committee's recommendation that, 'loot boxes that contain the element of chance should not be sold to children playing games, and instead in-game credits should be earned through rewards won through playing the games' stinks of indifference and of a will to drag this out as long as possible. They replied, 'the government believes the approach to protecting young people and vulnerable people - and any relevant regulation - should be based on evidence' and 'the government stands ready to take action should the outcomes of the call for evidence support taking a new approach to ensure users, and particularly young people, are protected' [2]. Despite this the response mentions two further reports from the Children’s Commissioner and the Royal Society for Public Health which 'made some similar recommendations to the Select Committee about loot boxes.' So why is there a delay? The Netherlands and Belgium have passed legislation restricting lootboxes so why haven't we?
EA's Fifa Ultimate Team is evidence enough of this abhorrent misconduct. Fifa is PEGI 3 rated and the Ultimate Team game mode allows you to buy packs of football players in a fashion which all too much resembles a casino slot machine: bright colours, confetti, anticipation, easy purchase and calculated reward. These elements capture a child's attention, subdue reason and feed them the vicious cycle of gambling. It's deplorable and so morally alien to me that it genuinely turns my stomach.
We must speak up about this gross injustice. We must hold the government to account and ensure that they prioritise children's well-being over their neoliberalist tendencies.
References:
[1] - https://www.theguardian.com/games/2020/jun/07/uk-could-class-loot-boxes-as-gambling-to-protect-children
[2] - https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/890734/CCS207_CCS0520664408-001_Gov_Resp_DCMS_Committee_Report_CP_241_Web_Accessible__1___1_.pdf

Up to £244.55 profit in cashback through gambling offers with TopCashback, Quidco and OhMyDosh
TopCashback, Quidco and OhMyDosh always have a number of gambling offers available, with the offered amounts often changing daily or weekly. There are currently quite a few offers available on each where the cashback amount is more than the required deposit or wager amount. I've done most of these and always keep an eye out for when the amounts increase, to make sure I can get the most for my money. The offers they have on today are some of the best I've ever seen for each of them.
The first step is to sign up for the cashback sites if you haven't already. If you use a referral link to sign up then you can get an extra bonus once your cashback becomes payable:

• TopCashback referral link (£5 bonus / non-ref link (no bonus)
• Quidco referral link (£5 bonus) / non-ref link (no bonus)
• OhMyDosh referral link (£2 bonus) / non-ref link (no bonus)

Then the next step is to work through the offers. These are all only available for new customers, so if you already have an account with one of the sites then you won't be eligible for the offer from them unfortunately. It's also worth checking the terms as some have specific wagering requirements, for example Betfair Poker must be completed within 3 days of opening your account and low risk roulette bets (covering 25 or more of the 37 outcomes) are excluded from counting towards the wager.
Offers

#	Site	From	Cashback	Deposit/Wager	Profit
1	Betfair Poker	Quidco	£50	£10	£40
2	Pokerstars	TCB	£45	£25/£10	£35
3	Coral Casino	TCB	£42	£10	£32
4	Ladbrokes Casino	TCB	£42	£10	£32
5	William Hill Casino	TCB / Quidco	£54	£25	£29
6	Paddy Power Games	TCB / Quidco	£20	£10	£10
7	Lottoland	TCB	£20	£10.01	£9.99
8	Lottomart	TCB	£18	£10	£8
9	Foxy Bingo	OMD	£5	£12.50	£7.50
10	Gala Bingo	OMD	£5	£12.50	£7.50
11	Tombola	Quidco	£17.32	£10	£7.32
12	BingoPort	TCB	£3	-	£3
13	LottoGo	OMD	£4.50	£2	£2.50
14	Free Slots Genie	OMD	£1.25	-	£1.25
15	Profit Accumulator	TCB	£1.05	-	£1.05
16	The Best Free Spins	OMD	£1	-	£1
17	Free Spins Wizard	OMD	£1	-	£1
18	Pick My Postcode	TCB	£0.82	-	£0.82
19	Search Lotto	TCB	£0.82	-	0.82
20	Free Spins Loopy	OMD	£0.80	-	£0.80
21	Mr Free Slots	OMD	£0.80	-	£0.80
22	Lotto Social	TCB	£0.60	-	£0.60
23	FreeBingoGenie	OMD	£0.60	-	£0.60
24	Cheeky Bingo	OMD	£10	£10	-
25	bgo	OMD	£10	£10	-

Notes
If you complete all these offers then you should make £232.55 cashback in profit through the offers alone. If you are new to the cashback sites and sign up through referral links then this will be £244.55 instead. There's also a chance you can make a profit on any or all the offers and walk away with even more.
There's also a final few key points:

• Make sure you have all adblockers and tracking protection switched off as otherwise this may lead to issues with the cashback tracking correctly.
• I've listed the highest paying in terms of deposit/wager to cashback offers here, but if you have a preference for one cashback site over the other then they often offer very similar amounts if you'd rather go with the other instead.
• Similarly, some sites (OhMyDosh in particular) offer a lower cashback amount but also a lower deposit/wager amount, which may be more appealing to some.
• I don't like to say the cashback is guaranteed as all the cashback sites say it never is, but I've never had an issue with any of these sites, whether through gambling or other offers.
• Please be aware that these all these offers all are gambling, so I'd highly recommend depositing and wagering only the mimimum amount required to get the cashback, then withdrawing any profit you may have made.
• Please Be Gamble Aware when using these sites.

Let me know if you have any questions about any of these offers :)

TL:DR

• This is Part 1 of my two part deep dive on DraftKings (Ticker: DKNG, I will refer to the company as “DK”)
• This first part introduces you to (1) me, (2) the company, (3) my thesis on the company, and (4) digs into how they make money.
• The second part (already released, you can read it here - but get through part 1 first :) ) will go in depth to explore the question “Can we 10x from here?”
• DK is an exciting, disruptive company working to change how we experience watching sports and make it better.
• I am not a financial advisor and this is not investment advice. These are just my opinions to help facilitate learning and discussion.

Hello, welcome to my first deep dive write up.
My name’s Mark and I’m an accountant with a passion for investing. About two years ago, I used to work as an auditor at a public accounting firm and have been behind the scenes at many different publicly traded and privately held companies in the U.S. My goal is to bring my unique perspective from that past experience, my current experience working in a new role at a large corporation, and my understanding of accounting to help break down some of the most exciting growth stocks on the market today.
I’m a long-term investor. I am focused on finding great companies and holding them for a long time. I’m willing to endure volatility, crazy price drops, and everything that comes with this approach as long as the facts that led me to originally invest and believe in that company have not changed. If you want to learn more about this approach. I recommend reading the book “100 Baggers” by Chris Mayer.
Introduction
I think it’s fitting that my first stock pick has to do with sports. Sports has been a part of my life since I could walk at the age of 2. First with baseball and soccer, and then later in my childhood with golf. I’ve always played American football and basketball for fun as well and have always been an avid fan of all the major sports in the US.
I started playing fantasy sports (mostly just fantasy football) about 6 years ago and have always enjoyed it. Traditionally, with fantasy football you draft a team at the beginning of the year and those are your players for the rest of the season. If you have a bad draft, oh well. You can try to improve your team with trades and free agent additions but it is tough. Leagues usually consist of 10-14 teams (each managed by an individual) and there’s obviously only one winner at the end of the season (about 4 months after the draft). This can lead to the managers of the lower performing teams losing interest as the season wanes on. I believe DraftKings’ (DK) founders saw this issue and saw an opportunity. Enter, daily fantasy sports. Now, with the DK platform you can draft a new team every week. Or if you want, every day. This allows fans of fantasy sports to engage at whichever point of the season they want and at varying financial stakes.
The Thesis Statement
For every stock pick I make, I want to provide a quick thesis statement that can serve as a reminder for why I’m buying and holding that stock for the long term. I’ll always aim to make it just a few sentences long so it can easily be remembered and internalized. This helps during times when the price may sporadically drop and you need to remember why you’re holding this position.
The thesis statement I have come up with for DK is as follows:
“DraftKings: The leader in allowing fans to engage financially with their favorite sports, teams, and players. Having money at stake makes the game a lot more interesting to watch. The era of daily fantasy sports games, online sports betting, and online betting (outside of sports), is just getting started and DK is as well positioned (or better positioned) than anyone to capitalize off of this trend.”
Notice how I said “allowing fans to engage financially” as the first sentence and not necessarily “allowing fans to gamble”. There’s a reason for that. According to US Federal Law, Daily Fantasy Sports (DFS) contests have specifically been exempted from the prohibitions of the Unlawful Internet Gambling Enforcement Act (UIGEA). DK has always been, and I believe will continue to be DFS contests 1st, sports betting 2nd, and other forms of gambling/entertainment 3rd. It is noteworthy that states at an individual level can still deem DFS contests illegal if they so wish, but as of this writing (11/26/20), 43 of the 50 US States allow DFS contests and DK, accordingly, is offering DFS contests in all 43 of those US States.
I’ll try to clarify the difference between DFS contests and sports betting real quick:
DFS Contest – Pay a pre-set entry fee to enter a contest. All entry fees go towards “The Pot”. “Draft” 9 players to be on your “Team” for 1 week. Enter your “Roster” into a contest with other players (could range from 1 other person to 1,000s of people, the DK user can choose). Whichever “Roster” amasses the most points for that week out of all contestants wins. The winner will get the highest payout, and depending on the nature of the contest, other top finishers will receive smaller payouts as well.
Sports Gambling – Team A is considered a 10 point favorite to defeat Team B. This means that Team A is expected, by the professional gambling line setters, to outscore Team B by 10 points. This is known as a point spread. You can bet on the underdog or the favorite. If you bet on the favorite, they have to win by more than 10 points for you to win the bet. If you bet on the underdog, you will win the bet as long as the underdog keeps the game within less than a 10 point defeat.
These are just a couple simple examples to help you see the difference. Sports Gambling (the 2nd priority of DK) is a very lucrative market just as the DFS contests are. However, in the US, Federal Laws and regulations are a lot stricter on Sports Gambling than they are on DFS. As of this writing (11/27/20), 22 states (including the District of Columbia) out of 51 possible allow sports gambling.
DK is still in the infancy stages of getting their sports gambling business going. In the 22 states where they could potentially operate, they currently have a sports gambling offering in 11 of those states. The sports gambling business model for DK can be broken into two main offerings – mobile sports betting, and retail sports betting. Mobile sports betting means you can place a sports bet online from the comfort of your own home, while retail sports betting means you must go to a casino and place a bet with the sportsbook in person. I personally believe mobile sports betting is the real potential cash cow for DK out of the two types of sports betting offerings due to the convenience and ease of access. DK is currently working on and encouraging customers to lobby their state lawmakers to legalize sports gambling in more states.
How DK makes money
At the very least, before you invest in a company, you better understand how they make money. In Chris Mayers’ excellent book, 100 Baggers, that I mentioned above, he continually references top line revenue growth as one of the main common indicators of a possible 100 Bagger. This isn’t to tell you that any stock I pick will be a 100 Bagger just because it has great top line revenue growth, but if I am looking at a growth stock to hold for the long term, revenue growth is one of the first things I look at.
For DK, their means of making money is quite simple. I already went into detail above about DFS Contests and Sports Gambling. In DK’s latest 10-Q filing with the SEC (filed 11/13/20), revenue is broken out into two main streams: Online Gaming and Gaming Software.
Online Gaming (82% of Total Revenue for 9 months ended 9/30/20):
Online gaming is the true core business of DK and includes the aforementioned DFS Contests, Sports Gambling and additional gambling (non-sports) opportunities. DK refers to their additional gambling (non-sports) as “iGaming” or “online casino”.
For the 9 months ended 9/30/20, Online Gaming revenue totaled $239M, up 30% YoY from $184M in the same prior year period. Keep in mind, that this is an increase that happened during a COVID-19 global pandemic that delayed and shortened many professional sports seasons.
Online gaming revenue is earned in a few ways that are slightly different, but very similar overall. In order to enter a DFS contest, a customer must pay an entry fee. DFS revenue is generated from these entry fees collected, net of prize payouts and customer incentives awarded to users. In order to place a sports bet (sports gambling), a customer places a wager with a DK Sportsbook. The DK Sportsbook sets odds for each wager that builds in a theoretical margin allowing DK to profit. Sports gambling revenue is generated from wagers collected from customers, net of payouts and incentives awarded to winning customers. The last form of online gaming revenue is earned in similar fashion to a land-based casino, offering online versions of casino games such as blackjack, roulette, and slot machines.
Gaming Software (18% of Total Revenue for 9 months ended 9/30/20):
While the Online Gaming revenue stream mentioned above is a Business to Consumer (B2C) model, the Gaming Software revenue stream is a Business to Business (B2B) model. The Gaming Software side of the business was born out of the acquisition of SBTech, a company from the Isle of Man (near the UK) founded in 2007 that has 12+ years of experience providing online sports betting platforms to clients all over the world. The acquisition occurred as part of the SPAC driven IPO in April of 2020 that combined “the old DK company” with SBTech so that they now are “the new DK company” listed as DKNG on the NASDAQ. SBTech is a far more important part of the story than just being 18% of today’s revenue. The reason for this is because DK will eventually (planned mid-late 2021) be migrating all of their DFS and gambling offerings onto SBTech’s online platforms. Currently, for DFS, DK uses their own proprietary platform but that will move to SBTech with the migration. Currently, for online gambling, DK uses Kambi, the same online gambling platform that services Penn Gaming (PENN), a DK rival. But that’s enough about the software migration for now, back to the Gaming Software revenue.
The Gaming Software revenue stream for DK is essentially a continuation of SBTechs’ B2B business model. DK contracts with business customers to provide sports and casino betting software solutions. DK typically enters two different type of arrangements with B2B customers when selling the gaming software:

1. Direct Customer Contract Revenue: In this type of transaction, the software is sold directly to a business (casino for example) that wants to use the software for their own gambling operations. This revenue is generally calculated as a percentage of the wagering revenue generated by the business customer using DK’s software and is recognized in the periods in which those wagering and related activities conclude.
2. Reseller Arrangement Revenue: In this type of transaction, DK provides distributors with the right to resell DK’s software-as-a-service offering to their clients, using their own infrastructure. In reseller arrangements, revenue is generally calculated via a fixed monthly fee and an additional monthly fee which varies based on the number of gaming operators to whom each reseller sub-licenses DK’s software.

As mentioned above, SBTech was an international company based in the Isle of Man before being acquired by DK. Thus, the majority of their business in their first 12 years of operating independently has always been international and outside of the United States. This has helped DK, which has historically been US focused, expand it’s international reach.
A perfect example of expanding this international reach occurred recently during October (technically Q4) in which DK’s B2B technology (powered by SBTech) helped enable the launch of “PalaceBet”, a new mobile and online sportsbook offering from Peermont, a South Africa based resort and casino company. The deal was headed by DK’s new Chief International Officer, Shay Berka, who previously spent 10 years working for SBTech as CFO and General Manager. Mr. Berka took on the role of DK’s Chief International Officer upon the merger in April earlier this year. I think this deal shows that DK has integrated SBTech and it’s business very well into the larger business as a whole. They are not wasting any time using their newly acquired resources to expand their reach and bring in new sources of revenue.
This is the end of my first article about DK. My goal is to drop Part 2 later this week. The focus of Part 2 will be an in depth answer of the question – “Can we 10x from here?”
Disclosure: I am/we are long DKNG. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

TL:DR

• This is Part 1 of my two part deep dive on DraftKings (Ticker: DKNG, I will refer to the company as “DK”)
• This first part introduces you to (1) me, (2) the company, (3) my thesis on the company, and (4) digs into how they make money.
• The second part (to be released later this week) will go in depth to explore the question “Can we 10x from here?”
• DK is an exciting, disruptive company working to change how we experience watching sports and make it better.
• I am not a financial advisor and this is not investment advice. These are just my opinions to help facilitate learning and discussion.

Hello, welcome to my first deep dive write up.
My name’s Mark and I’m an accountant with a passion for investing. About two years ago, I used to work as an auditor at a public accounting firm and have been behind the scenes at many different publicly traded and privately held companies in the U.S. My goal is to bring my unique perspective from that past experience, my current experience working in a new role at a large corporation, and my understanding of accounting to help break down some of the most exciting growth stocks on the market today.
I’m a long-term investor. I am focused on finding great companies and holding them for a long time. I’m willing to endure volatility, crazy price drops, and everything that comes with this approach as long as the facts that led me to originally invest and believe in that company have not changed. If you want to learn more about this approach. I recommend reading the book “100 Baggers” by Chris Mayer.
Introduction
I think it’s fitting that my first stock pick has to do with sports. Sports has been a part of my life since I could walk at the age of 2. First with baseball and soccer, and then later in my childhood with golf. I’ve always played American football and basketball for fun as well and have always been an avid fan of all the major sports in the US.
I started playing fantasy sports (mostly just fantasy football) about 6 years ago and have always enjoyed it. Traditionally, with fantasy football you draft a team at the beginning of the year and those are your players for the rest of the season. If you have a bad draft, oh well. You can try to improve your team with trades and free agent additions but it is tough. Leagues usually consist of 10-14 teams (each managed by an individual) and there’s obviously only one winner at the end of the season (about 4 months after the draft). This can lead to the managers of the lower performing teams losing interest as the season wanes on. I believe DraftKings’ (DK) founders saw this issue and saw an opportunity. Enter, daily fantasy sports. Now, with the DK platform you can draft a new team every week. Or if you want, every day. This allows fans of fantasy sports to engage at whichever point of the season they want and at varying financial stakes.
The Thesis Statement
For every stock pick I make, I want to provide a quick thesis statement that can serve as a reminder for why I’m buying and holding that stock for the long term. I’ll always aim to make it just a few sentences long so it can easily be remembered and internalized. This helps during times when the price may sporadically drop and you need to remember why you’re holding this position.
The thesis statement I have come up with for DK is as follows:
“DraftKings: The leader in allowing fans to engage financially with their favorite sports, teams, and players. Having money at stake makes the game a lot more interesting to watch. The era of daily fantasy sports games, online sports betting, and online betting (outside of sports), is just getting started and DK is as well positioned (or better positioned) than anyone to capitalize off of this trend.”
Notice how I said “allowing fans to engage financially” as the first sentence and not necessarily “allowing fans to gamble”. There’s a reason for that. According to US Federal Law, Daily Fantasy Sports (DFS) contests have specifically been exempted from the prohibitions of the Unlawful Internet Gambling Enforcement Act (UIGEA). DK has always been, and I believe will continue to be DFS contests 1st, sports betting 2nd, and other forms of gambling/entertainment 3rd. It is noteworthy that states at an individual level can still deem DFS contests illegal if they so wish, but as of this writing (11/26/20), 43 of the 50 US States allow DFS contests and DK, accordingly, is offering DFS contests in all 43 of those US States.
I’ll try to clarify the difference between DFS contests and sports betting real quick:
DFS Contest – Pay a pre-set entry fee to enter a contest. All entry fees go towards “The Pot”. “Draft” 9 players to be on your “Team” for 1 week. Enter your “Roster” into a contest with other players (could range from 1 other person to 1,000s of people, the DK user can choose). Whichever “Roster” amasses the most points for that week out of all contestants wins. The winner will get the highest payout, and depending on the nature of the contest, other top finishers will receive smaller payouts as well.
Sports Gambling – Team A is considered a 10 point favorite to defeat Team B. This means that Team A is expected, by the professional gambling line setters, to outscore Team B by 10 points. This is known as a point spread. You can bet on the underdog or the favorite. If you bet on the favorite, they have to win by more than 10 points for you to win the bet. If you bet on the underdog, you will win the bet as long as the underdog keeps the game within less than a 10 point defeat.
These are just a couple simple examples to help you see the difference. Sports Gambling (the 2nd priority of DK) is a very lucrative market just as the DFS contests are. However, in the US, Federal Laws and regulations are a lot stricter on Sports Gambling than they are on DFS. As of this writing (11/27/20), 22 states (including the District of Columbia) out of 51 possible allow sports gambling.
DK is still in the infancy stages of getting their sports gambling business going. In the 22 states where they could potentially operate, they currently have a sports gambling offering in 11 of those states. The sports gambling business model for DK can be broken into two main offerings – mobile sports betting, and retail sports betting. Mobile sports betting means you can place a sports bet online from the comfort of your own home, while retail sports betting means you must go to a casino and place a bet with the sportsbook in person. I personally believe mobile sports betting is the real potential cash cow for DK out of the two types of sports betting offerings due to the convenience and ease of access. DK is currently working on and encouraging customers to lobby their state lawmakers to legalize sports gambling in more states.
How DK makes money
At the very least, before you invest in a company, you better understand how they make money. In Chris Mayers’ excellent book, 100 Baggers, that I mentioned above, he continually references top line revenue growth as one of the main common indicators of a possible 100 Bagger. This isn’t to tell you that any stock I pick will be a 100 Bagger just because it has great top line revenue growth, but if I am looking at a growth stock to hold for the long term, revenue growth is one of the first things I look at.
For DK, their means of making money is quite simple. I already went into detail above about DFS Contests and Sports Gambling. In DK’s latest 10-Q filing with the SEC (filed 11/13/20), revenue is broken out into two main streams: Online Gaming and Gaming Software.
Online Gaming (82% of Total Revenue for 9 months ended 9/30/20):
Online gaming is the true core business of DK and includes the aforementioned DFS Contests, Sports Gambling and additional gambling (non-sports) opportunities. DK refers to their additional gambling (non-sports) as “iGaming” or “online casino”.
For the 9 months ended 9/30/20, Online Gaming revenue totaled $239M, up 30% YoY from $184M in the same prior year period. Keep in mind, that this is an increase that happened during a COVID-19 global pandemic that delayed and shortened many professional sports seasons.
Online gaming revenue is earned in a few ways that are slightly different, but very similar overall. In order to enter a DFS contest, a customer must pay an entry fee. DFS revenue is generated from these entry fees collected, net of prize payouts and customer incentives awarded to users. In order to place a sports bet (sports gambling), a customer places a wager with a DK Sportsbook. The DK Sportsbook sets odds for each wager that builds in a theoretical margin allowing DK to profit. Sports gambling revenue is generated from wagers collected from customers, net of payouts and incentives awarded to winning customers. The last form of online gaming revenue is earned in similar fashion to a land-based casino, offering online versions of casino games such as blackjack, roulette, and slot machines.
Gaming Software (18% of Total Revenue for 9 months ended 9/30/20):
While the Online Gaming revenue stream mentioned above is a Business to Consumer (B2C) model, the Gaming Software revenue stream is a Business to Business (B2B) model. The Gaming Software side of the business was born out of the acquisition of SBTech, a company from the Isle of Man (near the UK) founded in 2007 that has 12+ years of experience providing online sports betting platforms to clients all over the world. The acquisition occurred as part of the SPAC driven IPO in April of 2020 that combined “the old DK company” with SBTech so that they now are “the new DK company” listed as DKNG on the NASDAQ. SBTech is a far more important part of the story than just being 18% of today’s revenue. The reason for this is because DK will eventually (planned mid-late 2021) be migrating all of their DFS and gambling offerings onto SBTech’s online platforms. Currently, for DFS, DK uses their own proprietary platform but that will move to SBTech with the migration. Currently, for online gambling, DK uses Kambi, the same online gambling platform that services Penn Gaming (PENN), a DK rival. But that’s enough about the software migration for now, back to the Gaming Software revenue.
The Gaming Software revenue stream for DK is essentially a continuation of SBTechs’ B2B business model. DK contracts with business customers to provide sports and casino betting software solutions. DK typically enters two different type of arrangements with B2B customers when selling the gaming software:
​

1. Direct Customer Contract Revenue: In this type of transaction, the software is sold directly to a business (casino for example) that wants to use the software for their own gambling operations. This revenue is generally calculated as a percentage of the wagering revenue generated by the business customer using DK’s software and is recognized in the periods in which those wagering and related activities conclude.
2. Reseller Arrangement Revenue: In this type of transaction, DK provides distributors with the right to resell DK’s software-as-a-service offering to their clients, using their own infrastructure. In reseller arrangements, revenue is generally calculated via a fixed monthly fee and an additional monthly fee which varies based on the number of gaming operators to whom each reseller sub-licenses DK’s software.

As mentioned above, SBTech was an international company based in the Isle of Man before being acquired by DK. Thus, the majority of their business in their first 12 years of operating independently has always been international and outside of the United States. This has helped DK, which has historically been US focused, expand it’s international reach.
A perfect example of expanding this international reach occurred recently during October (technically Q4) in which DK’s B2B technology (powered by SBTech) helped enable the launch of “PalaceBet”, a new mobile and online sportsbook offering from Peermont, a South Africa based resort and casino company. The deal was headed by DK’s new Chief International Officer, Shay Berka, who previously spent 10 years working for SBTech as CFO and General Manager. Mr. Berka took on the role of DK’s Chief International Officer upon the merger in April earlier this year. I think this deal shows that DK has integrated SBTech and it’s business very well into the larger business as a whole. They are not wasting any time using their newly acquired resources to expand their reach and bring in new sources of revenue.
This is the end of my first article about DK. My goal is to drop Part 2 later this week. The focus of Part 2 will be an in depth answer of the question – “Can we 10x from here?”
Disclosure: I am/we are long DKNG. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

“A New Era – Wildlands of Chernarus”
Dayz Xbox Server part of the Portfolio belonging to the New Era a Long-standing community offering additional 2 other Xbox Dayz servers and now an addition of a PC Dayz server.
Established in August 2019, we have run different concepts every 2 months to keep the current nontoxic community fresh, we strongly encourage to have their say in discussions and ideas.
The server is setup to role play this time around, the backstory allows you to immerse your imagination into your character. Few ground rules as you can expect but not over complicating your abilities to game, Start your own experience.
Start your Dayz experience or a new adventure in the “Wildlands of Chernarus”
“A New Era – Wildlands of Chernarus”
​
Server Spec
​
Server Name : A New Era – Wildlands of Chernarus
Map : Chernarus
Slots : 50
Mods : Light & listed
Play style : Mainly Role Play, elements of PvE & PvP
Perspective : FPP
Discord Use : Yes
Facebook : Yes
Restarts : Every 4 hrs
Day / Night : 3hr Day & 1hr Nights
Whitelist : Yes
Mouse & Keyboard : Yes
Server Wiped : 10th January 2021
Server Wipe Due : 1st April 2021 (subject to change if required)
Platform : Xbox
Server Region : UK
​
About the Server…
​
• 7 NPCs spawn fully geared in all varieties
• 10 Player spawn points - Hospital or Medical Centres
• Add your gamertag application
• Alert Systems
• Backstory
• Banking System via UnbelievaBoat
• Base raiding – No offline raiding
• Beginner friendly as well as guides
• Casino
• Crosshairs switched off
• Declared Factions
• Each Zed loot carry is relevant to their type
• Guns spawn in whole minus their scope and mag
• In game Licenses (Coming Soon)
• Kill Feed Monthly leader boards Competition
• Live Streamer Channel
• Member Reputation Incentive
• Members Voting Channel
• Multi Trading Posts
• NPC's Shooting Range
• Offline Raid Protection
• Open Discussion Channel
• Police Force
• Priority Queue List
• Professional discord with premium bots
• Safe Settlements
• Server Events
• Server Update Channel
• Solo, Duo, Groups, or factions all welcome
• Static and Mobile Traders
• Vehicles spawn in whole
• Viewable Kill feed & Leader boards
​
Our Other Community Servers
​
• A New Era - Faction V’s Faction ( xbox )
• A New Era - NWAF Deathmatch Full PvP ( xbox )
• A New Era - Prison Island Close Quarters Deathmatch ( xbox )
• A New Era - The Dark Side ( PC )
​
Facebook Link - https://www.facebook.com/groups/403230787488868
​
Discord Link - https://discord.gg/PXqRCtfuvE

“A New Era – Wildlands of Chernarus”
Dayz Xbox Server part of the Portfolio belonging to the New Era a Long-standing community offering additional 2 other Xbox Dayz servers and now an addition of a PC Dayz server.
Established in August 2019, we have run different concepts every 2 months to keep the current nontoxic community fresh, we strongly encourage to have their say in discussions and ideas.
The server is setup to role play this time around, the backstory allows you to immerse your imagination into your character. Few ground rules as you can expect but not over complicating your abilities to game, Start your own experience.
Start your Dayz experience or a new adventure in the “Wildlands of Chernarus”
​
Server Spec
​
Server Name : A New Era – Wildlands of Chernarus
Map : Chernarus
Slots : 50
Mods : Light & listed
Play style : Mainly Role Play, elements of PvE & PvP
Perspective : FPP
Discord Use : Yes
Facebook : Yes
Restarts : Every 4 hrs
Day / Night : 3hr Day & 1hr Nights
Whitelist : Yes
Mouse & Keyboard : Yes
Server Wiped : 10th January 2021
Server Wipe Due : 1st April 2021 (subject to change if required)
Platform : Xbox
Server Region : UK
​
About the Server…
​
• 7 NPCs spawn fully geared in all varieties
• 10 Player spawn points - Hospital or Medical Centres
• Add your gamertag application
• Alert Systems
• Backstory
• Banking System via UnbelievaBoat
• Base raiding – No offline raiding
• Beginner friendly as well as guides
• Casino
• Crosshairs switched off
• Declared Factions
• Each Zed loot carry is relevant to their type
• Guns spawn in whole minus their scope and mag
• In game Licenses (Coming Soon)
• Kill Feed Monthly leader boards Competition
• Live Streamer Channel
• Member Reputation Incentive
• Members Voting Channel
• Multi Trading Posts
• NPC's Shooting Range
• Offline Raid Protection
• Open Discussion Channel
• Police Force
• Priority Queue List
• Professional discord with premium bots
• Safe Settlements
• Server Events
• Server Update Channel
• Solo, Duo, Groups, or factions all welcome
• Static and Mobile Traders
• Vehicles spawn in whole
• Viewable Kill feed & Leader boards
​
Our Other Community Servers
​
• A New Era - Faction V’s Faction ( xbox )
• A New Era - NWAF Deathmatch Full PvP ( xbox )
• A New Era - Prison Island Close Quarters Deathmatch ( xbox )
• A New Era - The Dark Side ( PC )
​
Facebook Link - https://www.facebook.com/groups/403230787488868
​
Discord Link - https://discord.gg/PXqRCtfuvE

“A New Era – Wildlands of Chernarus”
​
Dayz Xbox Server part of the Portfolio belonging to the New Era a Long-standing community offering additional 2 other Xbox Dayz servers and now an addition of a PC Dayz server.
Established in August 2019, we have run different concepts every 2 months to keep the current nontoxic community fresh, we strongly encourage to have their say in discussions and ideas.
The server is setup to role play this time around, the backstory allows you to immerse your imagination into your character. Few ground rules as you can expect but not over complicating your abilities to game, Start your own experience.
Start your Dayz experience or a new adventure in the “Wildlands of Chernarus”
“A New Era – Wildlands of Chernarus”
​
Server Spec
​
Server Name : A New Era – Wildlands of Chernarus
Map : Chernarus
Slots : 50
Mods : Light & listed
Play style : Mainly Role Play, elements of PvE & PvP
Perspective : FPP
Discord Use : Yes
Facebook : Yes
Restarts : Every 4 hrs
Day / Night : 3hr Day & 1hr Nights
Whitelist : Yes
Mouse & Keyboard : Yes
Server Wiped : 10th January 2021
Server Wipe Due : 1st April 2021 (subject to change if required)
Platform : Xbox
Server Region : UK
​
About the Server…
​
• 7 NPCs spawn fully geared in all varieties
• Add your gamertag application
• Alert Systems
• Backstory
• Banking System via UnbelievaBoat
• Base raiding – No offline raiding
• Beginner friendly as well as guides
• Casino
• Crosshairs switched off
• Declared Factions
• Each Zed loot carry is relevant to their type
• Guns spawn in whole minus their scope and mag
• In game Licenses (Coming Soon)
• Kill Feed Monthly leader boards Competition
• Live Streamer Channel
• Member Reputation Incentive
• Members Voting Channel
• Multi Trading Posts
• NPC's Shooting Range
• Offline Raid Protection
• Open Discussion Channel
• Police Force
• Priority Queue List
• Professional discord with premium bots
• Safe Settlements
• Server Events
• Server Update Channel
• Solo, Duo, Groups, or factions all welcome
• Static and Mobile Traders
• Vehicles spawn in whole
• Viewable Kill feed & Leader boards
​
Our Other Community Servers
​
• A New Era - NWAF Deathmatch Full PvP ( xbox )
• A New Era - Prison Island Close Quarters Deathmatch ( xbox )
• A New Era - The Dark Side ( PC )
​
Discord Link - https://discord.gg/PXqRCtfuvE

“A New Era – Wildlands of Chernarus”
​
Dayz Xbox Server part of the Portfolio belonging to the New Era a Long-standing community offering additional 2 other Xbox Dayz servers and now an addition of a PC Dayz server.
Established in August 2019, we have run different concepts every 2 months to keep the current nontoxic community fresh, we strongly encourage to have their say in discussions and ideas.
The server is setup to role play this time around, the backstory allows you to immerse your imagination into your character. Few ground rules as you can expect but not over complicating your abilities to game, Start your own experience.
Start your Dayz experience or a new adventure in the “Wildlands of Chernarus”
“A New Era – Wildlands of Chernarus”
​
Server Spec
​
Server Name : A New Era – Wildlands of Chernarus
Map : Chernarus
Slots : 50
Mods : Light & listed
Play style : Mainly Role Play, elements of PvE & PvP
Perspective : FPP
Discord Use : Yes
Facebook : Yes
Restarts : Every 4 hrs
Day / Night : 3hr Day & 1hr Nights
Whitelist : Yes
Mouse & Keyboard : Yes
Server Wiped : 10th January 2021
Server Wipe Due : 1st April 2021 (subject to change if required)
Platform : Xbox
Server Region : UK
​
About the Server…
​
• 7 NPCs spawn fully geared in all varieties
• Add your gamertag application
• Alert Systems
• Backstory
• Banking System via UnbelievaBoat
• Base raiding – No offline raiding
• Beginner friendly as well as guides
• Casino
• Crosshairs switched off
• Declared Factions
• Each Zed loot carry is relevant to their type
• Guns spawn in whole minus their scope and mag
• In game Licenses (Coming Soon)
• Kill Feed Monthly leader boards Competition
• Live Streamer Channel
• Member Reputation Incentive
• Members Voting Channel
• Multi Trading Posts
• NPC's Shooting Range
• Offline Raid Protection
• Open Discussion Channel
• Police Force
• Priority Queue List
• Professional discord with premium bots
• Safe Settlements
• Server Events
• Server Update Channel
• Solo, Duo, Groups, or factions all welcome
• Static and Mobile Traders
• Vehicles spawn in whole
• Viewable Kill feed & Leader boards
​
Our Other Community Servers
​
• A New Era - NWAF Deathmatch Full PvP ( xbox )
• A New Era - Prison Island Close Quarters Deathmatch ( xbox )
• A New Era - The Dark Side ( PC )
​
Discord Link - https://discord.gg/PXqRCtfuvE

“A New Era – Wildlands of Chernarus”
​
Dayz Xbox Server part of the Portfolio belonging to the New Era a Long-standing community offering additional 2 other Xbox Dayz servers and now an addition of a PC Dayz server.
​
Established in August 2019, we have run different concepts every 2 months to keep the current nontoxic community fresh, we strongly encourage to have their say in discussions and ideas.
​
The server is setup to role play this time around, the backstory allows you to immerse your imagination into your character. Few ground rules as you can expect but not over complicating your abilities to game, Start your own experience.
​
Start your Dayz experience or a new adventure in the “Wildlands of Chernarus”
Server Spec
​
Server Name : A New Era – Wildlands of Chernarus
Map : Chernarus
Slots : 50
Mods : Light & listed
Play style : Mainly Role Play, elements of PvE & PvP
Perspective : FPP
Discord Use : Yes
Facebook : Yes
Restarts : Every 4 hrs
Day / Night : 3hr Day & 1hr Nights
Whitelist : Yes
Mouse & Keyboard : Yes
Server Wiped : 10th January 2021
Server Wipe Due : 1st April 2021 (subject to change if required)
Platform : Xbox
Server Region : UK
​
​
About the Server…
​
• 7 NPCs spawn fully geared in all varieties
• Add your gamertag application
• Alert Systems
• Backstory
• Banking System via discord
• Base raiding – No offline raiding
• Bounties
• Casino
• Crosshairs switched off
• Declared Factions
• Each Zed loot carry is relevant to their type
• Guns spawn in whole minus their scope and mag
• In game Licenses (Coming Soon)
• Multi Trading Posts
• NPC's Shooting Range
• Offline Raid Protection
• Police Force
• Priority Queue List
• Professional discord with premium bots
• Safe Haven
• Server Update Channel
• Solo, Duo, Groups, or factions all welcome
• Static and Mobile Traders
• Vehicles spawn in whole
• Viewable Kill feed & Leader boards
​
​
Our Other Community Servers
​
• A New Era - NWAF Deathmatch Full PvP ( xbox )
• A New Era - Prison Island Close Quarters Deathmatch ( xbox )
• A New Era - The Dark Side ( PC )
​
Facebook Link - https://www.facebook.com/groups/403230787488868
​
Discord Link - https://discord.gg/PXqRCtfuvE

“A New Era – Wildlands of Chernarus”
​
Dayz Xbox Server part of the Portfolio belonging to the New Era a Long-standing community offering additional 2 other Xbox Dayz servers and now an addition of a PC Dayz server.
​
Established in August 2019, we have run different concepts every 2 months to keep the current nontoxic community fresh, we strongly encourage to have their say in discussions and ideas.
​
The server is setup to role play this time around, the backstory allows you to immerse your imagination into your character. Few ground rules as you can expect but not over complicating your abilities to game, Start your own experience.
​
Start your Dayz experience or a new adventure in the “Wildlands of Chernarus”
Server Spec
​
Server Name : A New Era – Wildlands of Chernarus
Map : Chernarus
Slots : 50
Mods : Moderate & listed
Play style : Mainly Role Play, elements of PvE & PvP
Perspective : FPP
Discord Use : Yes
Facebook : Yes
Restarts : Every 4 hrs
Day / Night : 3hr Day & 1hr Nights
Whitelist : Yes
Mouse & Keyboard : Yes
Server Wiped : 10th January 2021
Server Wipe Due : 1st April 2021 (subject to change if required)
Platform : Xbox
Server Region : UK
​
About the Server…
​
• 7 NPCs spawn fully geared in all varieties
• Add your gamertag application
• Alert Systems
• Backstory
• Banking System via discord
• Base raiding – No offline raiding
• Bounties
• Casino
• Crosshairs switched off
• Declared Factions
• Each Zed loot carry is relevant to their type
• Guns spawn in whole minus their scope and mag
• In Character Radio Channel
• Professional discord with premium bots
• Priority Queue List
• Offline Raid Protection
• Safe Haven
• Server Update Channel
• Solo, Duo, Groups, or factions all welcome
• Static and Mobile Traders
• Vehicles spawn in whole
• Viewable Kill feed & Leader boards
​
Our Other Community Servers
​
• A New Era - NWAF Deathmatch Full PvP ( xbox )
• A New Era - Prison Island Close Quarters Deathmatch ( xbox )
• A New Era - The Dark Side ( PC )
​
Discord Link - https://discord.gg/PXqRCtfuvE

“A New Era – Wildlands of Chernarus”
​
Dayz Xbox Server part of the Portfolio belonging to the New Era a Long-standing community offering additional 2 other Xbox Dayz servers and now an addition of a PC Dayz server.
​
Established in August 2019, we have run different concepts every 2 months to keep the current nontoxic community fresh, we strongly encourage to have their say in discussions and ideas.
​
The server is setup to role play this time around, the backstory allows you to immerse your imagination into your character. Few ground rules as you can expect but not over complicating your abilities to game, Start your own experience.
​
Start your Dayz experience or a new adventure in the “Wildlands of Chernarus”
Server Spec
​
Server Name : A New Era – Wildlands of Chernarus
Map : Chernarus
Slots : 50
Mods : Light & listed
Play style : Mainly Role Play, elements of PvE & PvP
Perspective : FPP
Discord Use : Yes
Facebook : Yes
Restarts : Every 4 hrs
Day / Night : 3hr Day & 1hr Nights
Whitelist : Yes
Mouse & Keyboard : Yes
Server Wiped : 10th January 2021
Server Wipe Due : 1st April 2021 (subject to change if required)
Platform : Xbox
Server Region : UK
​
​
About the Server…
​
• 7 NPCs spawn fully geared in all varieties
• Add your gamertag application
• Alert Systems
• Backstory
• Banking System via discord
• Base raiding – No offline raiding
• Bounties
• Casino
• Crosshairs switched off
• Declared Factions
• Each Zed loot carry is relevant to their type
• Guns spawn in whole minus their scope and mag
• In game Licenses (Coming Soon)
• Multi Trading Posts
• NPC's Shooting Range
• Offline Raid Protection
• Police Force
• Priority Queue List
• Professional discord with premium bots
• Safe Haven
• Server Update Channel
• Solo, Duo, Groups, or factions all welcome
• Static and Mobile Traders
• Vehicles spawn in whole
• Viewable Kill feed & Leader boards
​
​
Our Other Community Servers
​
• A New Era - NWAF Deathmatch Full PvP ( xbox )
• A New Era - Prison Island Close Quarters Deathmatch ( xbox )
• A New Era - The Dark Side ( PC )
​
Facebook Link - https://www.facebook.com/groups/403230787488868
​
Discord Link - https://discord.gg/PXqRCtfuvE

Console exclusives (games that are also on PC and/or mobile, but not on other consoles) in Italics. Nintendo exclusives (games that are only on Nintendo platforms) in bold.
For those looking at this list and not sure what's likely to be noteworthy, I have compiled a page for noteworthy releases in November. Please give them a look if you want to see what games are likely to be some of October's highlights!
As for the full list of upcoming games, here you go:

Games	Release date	Date confirmed by?
Five Dates	11/17/20	Nintendo.com
Mars Horizon	11/17/20	Nintendo.com
Professor Rubik's Brain Fitness	11/17/20	Official Website
Pure Pool	11/17/20	Nintendo.com
Serious Sam Collection	11/17/20	Nintendo.com
Sniper Elite 4	11/17/20	Nintendo.com
Who Wants to Be a Millionaire?	11/17/20	Nintendo.com
Nexoria: Dungeon Rogue Heroes	11/18/20	Nintendo.com
Art Sqool	11/19/20	Nintendo.com
Azurebreak Heroes	11/19/20	Nintendo.com
Brawl Chess	11/19/20	Nintendo.com
Bridge Constructor: The Walking Dead	11/19/20	Nintendo.com
Cake Bash	11/19/20	Nintendo.com
Cape's Escape Game	11/19/20	Nintendo.com
Dreamo	11/19/20	Nintendo.com
Educational Games For Kids	11/19/20	Nintendo.com
Eldrador Creatures	11/19/20	Nintendo.com
Grisaia Phantom Trigger 05	11/19/20	Nintendo.com
Karma Knight	11/19/20	Nintendo.com
Outbreak	11/19/20	Nintendo.com
Party Games: 15 in 1	11/19/20	Nintendo.com
Star Renegades	11/19/20	Official Twitter Post
The Casino -Roulette, Video Poker, Slot Machines, Craps, Baccarat-	11/19/20	Nintendo.com
Captain Sabretooth and the Magic Diamond	11/20/20	Nintendo.com
Fall Gummies	11/20/20	Nintendo.com
Fantasy Friends	11/20/20	Nintendo.com
Hyrule Warriors: Age of Calamity	11/20/20	Nintendo.com
Micetopia	11/20/20	Nintendo.com
Ramp Car Jumping	11/20/20	Nintendo.com
S.N.I.P.E.R. - Hunter Scope	11/20/20	Nintendo.com
2urvive	11/24/20	Nintendo.com
Monster Truck Championship	11/24/20	Nintendo.com
Tracks - Toybox Edition	11/24/20	Nintendo.com
My Aunt is a Witch	11/25/20	Nintendo.com
Out of Space: Couch Edition	11/25/20	Nintendo.com
Maid of Sker	11/26/20	Nintendo.com
QV	11/26/20	Nintendo.com
The Explorer of Night	11/26/20	Nintendo.com
BFF or Die	11/27/20	Nintendo.com
Girabox	11/27/20	Nintendo.com
More Dark	11/27/20	Nintendo.com
Tiny World Racing	11/27/20	Nintendo.com
Death Crown	November 2020	Official Trailer
Ruggero Deodato's Cannibal	November 2020	Official Website
Chronos: Before the Ashes	12/1/20	Official Twitter Post
Empire of Sin	12/1/20	Nintendo.com
Sam & Max Save the World	12/1/20	Nintendo.com
Shiren the Wanderer: The Tower of Fortune and the Dice of Fate	12/2/20	Nintendo.com
Cybxus Hearts	12/3/20	Nintendo.com
Death Tales	12/3/20	Nintendo.com
Gunpig: Firepower For Hire	12/3/20	Nintendo.com
Immortals Fenyx Rising	12/3/20	Nintendo.com
Morbid: The Seven Acolytes	12/3/20	Nintendo.com
Pretty Princess Party	12/3/20	Nintendo.com
Quiplash 2 InterLASHional: The Say Anything Party Game!	12/3/20	Nintendo.com
Taiko No Tatsujin: Rhythmic Adventure Pack	12/3/20	Official Trailer
Commandos 2 HD Remaster	12/4/20	Nintendo.com
Fire Emblem: Shadow Dragon & The Blade of Light	12/4/20	Nintendo.com
Fitness Boxing 2: Rhythm & Exercise	12/4/20	Nintendo.com
Futoshiki Math	12/4/20	Nintendo.com
John Wick Hex	12/4/20	Nintendo.com
Nine Witches: Family Disruption	12/4/20	Nintendo.com
Steampunk Tower 2	12/4/20	Nintendo.com
Super Space Serpent Secondary Edition	12/4/20	Nintendo.com
Drawn to Life Two Realms	12/7/20	Official Trailer
Lofi Ping Pong	12/8/20	Nintendo.com
Monster Sanctuary	12/8/20	Nintendo.com
Puyo Puyo Tetris 2	12/8/20	Nintendo.com
Accidental Queens Collection	12/10/20	Nintendo.com
Alt-Frequencies	12/10/20	Nintendo.com
Collection of SaGa Final Fantasy Legend	12/15/20	Nintendo.com
Evolution Board Game	12/10/20	Nintendo.com
OctaFight	12/10/20	Nintendo.com
Override 2: Super Mech League	December 2020	Official Trailer
Cyanide and Happiness: Freakpocalypse: Part 1 (Timed Console Exclusive)	Fall 2020	Nintendo.com
Cyber Shadow	Fall 2020	Official Website
Eldest Souls (Timed Console Exclusive)	Fall 2020	Nintendo.com
Grindstone	Fall 2020	Nintendo.com
PixelJunk Eden 2	Fall 2020	Nintendo.com
Skyforge	Fall 2020	Official Trailer
Harvest Moon: One World	Autumn 2020 (European Release Date)	Nintendo.co.uk
Toy Soldiers HD	Autumn 2020	Official Website
Wingspan	Autumn 2020	Nintendo.com
Alchemic Cutie	Q4 2020	Official Website
Alter Cosmos	Q4 2020	Official Website
Circadian City	Q4 2020	Announce Trailer
Counter Terrorist Agency	Q4 2020	Official Website
Defense Corp	Q4 2020	Developer Comment on Reddit
Ever Forward	Q4 2020	Official Website
Metal Revolution	Q4 2020	Official Announcement on New Game+ Expo Live Stream (via Gematsu)
Train Mechanic Simulator	Q4 2020	Official Website
Golden Force	Last Quarter 2020	Official Trailer
Clive 'N' Wrench	Winter 2020	Official Trailer
B.Ark (Timed Exclusive)	Late 2020	Nintendo.com
Beach Buggy Racing 2	Late 2020	Official Website
Dicey Dungeons	Late 2020	Nintendo.com
Hoa	Late 2020	Wholesome Direct 5-26-2020
Phogs!	Late 2020	Nintendo.com
Quantum League	Late 2020	Nintendo.com
Signs of the Sojourner	Late 2020	Official Trailer
World of Horror	Late 2020	Official Twitter Post
Dangerous Driving 2	Holiday 2020	Official Website
King of Seas	Holiday 2020	Official Trailer
Scott Pilgrim Vs. The World: The Game Complete Edition	Holiday 2020	Official Twitter Post
Speed 3 Grand Prix	Holiday 2020	Official Trailer
Aground	2020	Official Website
Astrodogs	2020	Developer post on Reddit
Black Book	2020	Official Trailer
Bladed Fury	2020	Official Twitter Post
Boyfriend Dungeon	2020	Nintendo.com
Breakpoint	2020	Official Twitter Post
Car Mechanic Flipper	2020	Official Website
Circuit Superstars	2020	Official Website
Collapsus	2020	Official Website
Conarium	2020	Official Trailer
Cthulhu: Books of Ancients	2020	Official Website
DARQ: Complete Edition	2020	Official Trailer
Devil's Hunt	2020	Official Twitter Post
Door Kickers	2020	QubicGames 2020 Direct
Eastward	2020	Nintendo.com
Electrix	2020	Official Website
Farm & Fix 2020	2020	Official Website
Farm Manager 2018	2020	Official Website
Flipper Mechanic	2020	Official Website
Gearshifters	2020	Official Website
God Fire	2020	QubicGames 2020 Direct
Good Night Knight	2020	QubicGames 2020 Direct
Greak: Memories of Azur	2020	Official Trailer
Hatch Tales (Formerly Chicken Wiggle Workshop)	2020	Official Website
Haven	2020	Nintendo.com
Hazel Sky	2020	Official Trailer
Heaven's Vault	2020	Official Twitter Post
Hellpoint	2020	Official Twitter Post
Hero: Flood Rescue	2020	Official Website
Hindsight 20/20	2020	Announce Trailer
Kingpin: Reloaded	2020	Official Trailer
Littlewood	2020	Official Twitter Page
Lords of Exile	2020	Official Website/Official Trailer
Mail Mole	2020	Official Trailer
Maneater	2020	Official Twitter Post
Moon Village	2020	Official Website
Mushrooms: Forest Walker	2020	Official Website
N1RV Ann-A	2020	Announce Trailer
Necrobarista	2020	Official Twitter Page
Nyx: The Awakening	2020	Official Reveal Teaser/Official Website
Olija	2020	Official Twitter Post
Olympic Games Tokyo 2020 - The Official Videogame	2020	Official Website
P.U.G.S. Agents	2020	Official Website
Pillars of Eternity II: Deadfire	2020	Interview With Developer
Plastic Rebellion	2020	Official Website
Poker Club 4K	2020	Official Trailer
Real Boxing 2	2020	QubicGames 2020 Direct
Sail Forth	2020	Nintendo.com/
Samurai Gunn 2	2020	Nintendo.com
Spin Rhythm XD	2020	Announce Trailer
The Good Life	2020	Nintendo.com
This Is Pool	2020	Official Website
This Is Snooker	2020	Official Website
Those Who Remain	2020	Official Twitter Page
Tohu	2020	Official Trailer
Trigger Witch	2020	Kinda Funny Games E3 Showcase
Unheard	2020	Official Twitter Post
Unlucky Seven	2020	Official Website
Unto the End	2020	Official Trailer
Zengeon	2020	Official Trailer
Purrtato Tail: By the Light of the Elderstar	2020 "or when it's done"	Official Fact Sheet
House Designer	2020/2021	Official Website
Ring of Life: Survive in Proxima	2020/2021	Official Website
Hitori Logic	1/1/21	Nintendo.com
Iris.Fall	1/7/21	Nintendo.com
Life of Fly	1/21/21	Nintendo.com
Gal*Gun Returns	1/28/21	Official Trailer
Märchen Forest	1/28/21	Official Press Release (via Gamasutra.com)
Atelier Ryza 2: Lost Legends & The Secret Fairy	1/29/21	Official Twitter Post (Koei Tecmo Europe)
Re:Zero – The Prophecy of the Throne	1/29/21	Official Trailer
Little Nightmares II	2/1/21	Official Twitter Post
Super Mario 3D World + Bowser's Fury	2/12/21	Nintendo.com
Fallen Legion: Revenants	2/16/21	Official Trailer
Wings of Darkness	2/25/21	Official Press Release (via Gamasutra.com)
Wrath: Aeon of Ruin	2/25/21	Official Website
Bravely Default II	2/26/21	Nintendo.com
Story of Seasons: Pioneers of Olive Town	3/23/21	Nintendo.com
Balan Wonderworld	3/26/21	Official Twitter Post
Monster Hunter Rise	3/26/21	Nintendo.com
Turrican Anthology Vol. 1	February/March 2021	Official Website
Turrican Anthology Vol. 2	February/March 2021	Official Website
King's Bounty II	March 2021	Official Trailer
Sky: Children of the Light	"A few months into 2021"	Official Website
Blue Fire (Timed Exclusive)	Q1 2021	Nintendo.com
House Secrets: The Beginning	Q1 2021	Official Website
Lord Winklebottom Investigates	Q1 2021	Official Website
Pet Clinic - Cats & Dogs	Q1 2021	Official Website
Root Film	Q1 2021	Official Press Release (via Gamasutra.com)
Wonder Boy: Asha in Monster World	Q1 2021	Official Gamescom Trailer (via IGN)
Turrican Collector's Edition	April/May 2021	Official Website
Georifters	6/24/21	Nintendo.com
Big Rumble Boxing: Creed Champions	Spring 2021	Nintendo.com
Doctor Who: The Edge of Reality	Spring 2021	Official Twitter Post
Doctor Who: The Lonely Assassin	Spring 2021	Official Twitter Post
Lego Star Wars: The Skywalker Saga	Spring 2021	Official Trailer
R-Type Final 2	Spring 2021	Official Twitter Post
Shin Megami Tensei III: Nocturne HD Remaster	Spring 2021	Nintendo Direct Mini 7-20-20 Partner Showcase
Surviving the Aftermath	Spring 2021	Nintendo.com
Turnip Boy Commits Tax Evasion	Spring 2021	Official Trailer
Foreclosed	Q2 2021	Developer Interview
Code: Realize ~Wintertide Miracles~ (Multiple Versions)	Early 2021	Official Twitter Post
Cris Tales	Early 2021	Official Website
Poison Control	Early 2021	Official Trailer
Ruined King: A League of Legends Story	Early 2021	Nintendo.com
Subnautica	Early 2021	Nintendo.com
Subnautica: Below Zero	Early 2021	Nintendo.com
Disgaea 6: Defiance of Destiny (Nintendo Switch Exclusive in US)	Summer 2021	Nintendo.com
Griftlands: Nintendo Switch Edition	Summer 2021	Nintendo Direct Mini Partner Showcase October 2020
Monster Hunter Stories 2: Wings of Ruin	Summer 2021	Nintendo.com
Ys IX: Monstrum Nox	Summer 2021	Official Trailer
Party Crasher Simulator	Second Half of 2021	Official Press Release
The Lord of the Rings: Gollum	Late 2021	Gamescom 2020 presentation (via Dailyradar)
Aeon Must Die	2021	Official Trailer
Apex Legends	2021	Official Website
Artifact Hunter	2021	Official Website
Axiom Verge 2	2021	Official Website
Azur Lane: Crosswave Sails the Seas	2021	Official Twitter Post
Backbone	2021	Official Website
Bear and Breakfast (Timed console exclusive)	2021	Nintendo.com
Card Shark	2021	Nintendo.com
Digimon Survive	2021	Anime Expo panel (relayed by NintendoEverything.com)/Official Twitter Post
Dordogne	2021	Official Trailer
Dual Gear	2021	Official Trailer
Earth Defense Force: World Brothers	2021	Official Trailer (Gamespot Exclusive)
Gamedec	2021	Official Trailer (Gamescom 2020)
Garden Story	2021	Nintendo.com
Graven	2021	Official Trailer
Lenin - The Lion	2021	Official Trailer
Lost in Random	2021	Official Press Release
Lost Words	2021	Official Twitter Post
Mineko's Night Market	2021	Nintendo.com
No More Heroes 3	2021	Nintendo.com/Official Twitter Post
Phantom Breaker Omnia	2021	Official Trailer (via IGN)
Port Royale 4	2021	Official Twitter Post
Rogue Lords	2021	Official Trailer
Rune Factory 5	2021	Nintendo.com
Serial Cleaners	2021	Official Trailer
She Dreams Elsewhere	2021	Nintendo.com
Shin Megami Tensei V	2021	Nintendo Direct Mini 7-20-20 Partner Showcase
Skatebird	2021	Indie World Showcase 12.10.2019/Official Statement on Kickstarter.com
Starbase Startopia	2021	Official Twitter Post
Saviors of Sapphire Wings/Stranger of Sword City Revisited	2021	Official Trailer
Summer at the Edge of the Universe	2021	Official Twitter Post
The Legend of Bum-bo	2021	Official Twitter Post
Tormented Souls	2021	Official Trailer
Trails of Cold Steel IV	2021	Official Trailer
Vampire: The Masquerade - Swansong	2021	Official Trailer
Warhammer Age of Sigmar: Storm Ground	2021	Official Trailer (via IGN - Gamescom 2020)
Where Cards Fall	2021	Official Trailer
XIII	2021	Official Twitter Post
Narco Tycoon	First Half of 2022	Official Press Release (via Gamasutra)
Sea of Stars	2022	Official Trailer/Official Trailer

(Note: TBA Dates and Missed Release Dates in comments)
I miss anything? Mis-marked exclusivity? Have an official source with updated info? Let me know!