Custom Slot Machine Software - Branded Slots by AllJ Software

Casino Slot Machine Software for Sale

Casino Slot Machine Software for Sale
Many people are obsessed with the thought of hitting a jackpot which will solve all the problems. So that casino and slot games are really popular both offline and online. Almost all casino games make it possible to get a huge amount of money in minutes. Online casinos caught a wave and became a mainstream in the market. Business owners do their best so clients could find any game which looks fascinating and will make them rich. Nowadays web slots grab a spoon with their convenience and engaging features. So what is slot machine software and is it easy to build it? Keep reading to get the answers. https://multi-programming.com/casino-slot-machine-software-for-sale
https://preview.redd.it/l41dw31dd7c31.jpg?width=1920&format=pjpg&auto=webp&s=40dbbe83fb225c30a0419dff502ca7d8fa2bb8ac
submitted by Multi-Programming to u/Multi-Programming [link] [comments]

How to Beat Casino - Tips on How to Beat a Slot Machine You have seen the commercials for some of the latest casino software, and you've read reviews from people who have tried it.

How to Beat Casino - Tips on How to Beat a Slot Machine You have seen the commercials for some of the latest casino software, and you've read reviews from people who have tried it. submitted by MakhiCooke to FB688Pro [link] [comments]

My job is writing software for slot machines and casino systems.

My job for the past many years has involved writing the software that runs casino slot machines and their back end systems (player's club software and most recently server based gaming systems). I have experience not just with the software, but also with the on-site operations of multiple casinos - as I've had to go on-site to fix issues at times.
Ask me anything and I'll try to answer as long as it won't jeopardize my gaming license.
And to head off the first obvious question - there are no back doors in slot machines, so I can't tell you how to win a jackpot.
And the second - this is a new account because I didn't want to post as my main account, it wouldn't take too much to trace it back to my employer.
EDIT: No questions about the inner workings of the casinos?
EDIT: I'm curious about the downvotes. I'm glad you're able to express your opinions by downvoting me, that's cool. But is there any way you could post your reasoning for the downvote in the thread? I'd like to learn something new, and I'd guess that many other readers would also. And if you have a scathing criticism of me, no worries, I'm happy to accept any criticism and see if I can work on doing better.
EDIT: Also open to more general questions about the industry, both manufacturer and casino. Been around for a while and seen a few interesting things.
submitted by schizoidlarry to IAmA [link] [comments]

Man takes advantage of software bugs in slot machines, is arrested by FBI for theft from casinos

submitted by fitzroy95 to technology [link] [comments]

I got making money machine in casino business. Start your casino business today. We offer free of setup software. You got cyber cafe or you build up your customers like cyber cafe, bars or clubs? Then contact us. You can start making money. [email protected]

submitted by riverslot to makingmoneymethods [link] [comments]

Man hits slot machine jackpot, casino says no, it's a software error. £37million reduced to £60.

submitted by rytis to offbeat [link] [comments]

IAmA Request: Software Developer or Designer for major slot machine vendor for casinos.

You probably have iron-clad NDAs but I'd love to hear what you can tell of development, how updates happen, life cycle, design, graphics, sounds etc anything. Weird bugs that have got into the wild in a casino and what happened. If you are a former one or not under NDAs feel free to at least roughly describe the algorithms you used...
submitted by ItHurtsWhenUdoThat to IAmA [link] [comments]

Newly installed custom prints from gameongrafix for my slots/video poker terminal

Newly installed custom prints from gameongrafix for my slots/video poker terminal submitted by keilykj to Arcade1Up [link] [comments]

Re:Zero Subaru and Emilia Date scene from Memory Snow OVA found only in Japan's Casinos [Media]

submitted by Jumpy_Psychology to Re_Zero [link] [comments]

Sorry if I'm offending anyone but what's so appealing about places like Silver Nugget?

I went to Silver Nugget last month and was surprised how small and boring it was. But it was kinda busy. What attracts people to places like that? The slots they had were old, not the good kind of old, and not particularly interesting.
submitted by harvardlawii to vegas [link] [comments]

Ended my gambling career (for now) on a high note - jackpot handpay to end 2020. My thoughts and ramblings as a now-retired gambler.

Warning: long rambling stories ahead. I am bored and waiting to get through my first day back at work since before Christmas. You've been warned!
I've been going to the casino pretty regularly for the past few years. Before that, I played occasionally. I exclusively play slots. I view it as a night out - first with friends back when I brought $50 and played penny denom minimum bet spins and prayed to win $20, and then eventually shifting my mindset to playing higher bets and denominations. I hit my first jackpot handpay a couple of years ago. I hit $3700 on a $27 bet on a Geisha machine. I've hit a few other jackpots here and there, culminating with my biggest jackpot ever this past summer. I hit $12K on a $50 bet on a Pompeii slot machine.
Well, the long story short is that I have fallen out of love with gambling. I have somehow managed to have a positive ROI on gambling. I track my withdrawls and win on a spreadsheet. To put it bluntly: I have been extremely lucky over the past few years. I know that slots are not a viable way to win money in the long run, so I made a decision a few months ago to "retire" from gambling at the end of 2020.
I went to my local casino last Wednesday. It just so happens when I hit a jackpot that I usually do it within the first half hour or so I'm at the casino. Well, it happened again. After going up $600 or so on another slot machine (I don't remember the name), I went to one of my most hated/favorite old school slots - Zeus dollar denomination. One of my worst moments in all of gambling was a few years ago. I got a bonus round on the Zeus dollar denomination on max bet of $45 a spin. I was BEYOND excited. I've seen Youtube videos where people have won tens of thousands of dollars in that exact scenario. Much to my shock, I won nothing. In that game, you don't win anything for triggering the bonus. So I actually *lost* $45 on getting the bonus. I cashed out and left immediately.
Anyway, last week I hit a modest $4500. It was exciting...but not as exciting as I thought it should be. I was cool, calm, and...detached. The wins didn't mean much to me, and the losses mean absolutely nothing. My wife and I are in the EXTREMELY fortunate position that losing $500 or so every week or two at the casino is affordable. I'm not ignorant to how lucky we are to be in this position.
After getting paid out, I played a bit longer. But that hand pay drove home the realization that I had a few months ago: it was time to stop gambling. If I can't get pumped about a big win like that, and if I'm not even phased a little bit by losing, it's just not worth gambling any more. I used to go for entertainment, but even now gambling doesn't provide that much.
As I sit now, I am up roughly $18K over three years of slots. Not bad, but not life changing. Enough that I bought my wife a Burberry and Louis Vuitton handbag on separate occasions. The rest if stashed in savings or in an investment account somewhere. But I am 100% committed to being done. At least for 2021, and probably longer.
If anyone is interested in hearing my thoughts on how to win...I don't have any insight to share. It's luck. I got lucky. I know I got lucky. The usual tropes about setting win and loss thresholds is good advice. Sometimes I chased payouts and hit them. Sometimes I chased and lost. But I managed to hit more than miss, and for that I'm lucky. And thankful.
Anyway. I don't have a major takeaway or anything. I don't have many people I can talk about this with in my personal life, so I figured I'd share a bit of my story here.
If you do gamble, please do so responsibly. Good luck, and try to have fun. If you're not having fun, it's probably not the right way to spend your time or money.
EDIT:
I just wanted to say to anyone who reads this in the future that I appreciate the nice responses and PMs from people. It's nice to share a positive experience with others! I sincerely hope that if any of you choose to play in the future, you choose to do so responsibly. Gambling can be a hugely problematic lifestyle for some people. Stay safe. (end of preaching here).
I also want to take a second to address some comments from some people about slots being skill based. This is 100% false. The concept of slots being skill based in any way is demonstrably untrue with three seconds of reasonable thinking. If we accept that there is a hypothetical slot game which is based on skill and not pure luck, what are the consequences of that? First of all, this information would leak out. There would be no way to contain it. If one person can solve the system, another an as well. Subsequently, someone would write a book on the subject. Think about all the poker and blackjack strategy books out there. These are games where skillful play can increase your odds of winning. Last I checked, there aren't any books or Supersytem-level analyses from prominent individuals willing to stake their names and reputations on publishing a "slot technique" book. There's a reason for this. And also - think about this: casinos still carry blackjack tables for a reason: they still have an edge to win. If there is a surefire way for individuals to win when playing slots, casinos would 100% for sure take these games out of circulation. Casinos are not in the business of giving away money. Any claim there is a foolproof way to win money playing slots does not make sense when critical thinking is applied to the circumstances.
Slots are not like card games. Finding and playing only games where there is a "must win by" progressive is not the same thing as skillful play. That's more akin to something like card counting in blackjack. Many people who design slot machines and engineer the software behind the scenes have posted on Reddit and elsewhere that wins are based on random number generators running behind every spin. There is literally no skill involved - you win or lose each spin based on pure random luck.
I am saying this because there are a number of people who come to this subreddit to look for ways to cheat the system and get easy money. I see posts like this fairly often, and I'm only browsing this subreddit occasionally. Gambling is not, and should not, be a way for anyone looking to make a quick buck. If you're looking to get an edge playing slots because you need to pay bills or make a quick buck, you are already in serious trouble. Do not buy into the delusion that you can get an edge or guarantee a win. People saying this are snake oil salesmen who do not care for you or your well-being.
Anyway. I'm going to stop monitoring this post. I'm still open to receiving PMs or messages, but I've had my fun with this so far. I could do with fewer trolls, but this is the internet. I knew what to expect. Bon chance, everyone!
submitted by Creepy_Zucchini6387 to gambling [link] [comments]

EVRI: A Gambling Ticker That's Going to Valhalla

EVRI: The True Autists Gambling Ticker
Alright dipshits, I believe I have found a ticker that has huge growth potential over the next few months that is under the radar of many. So prepare your smooth brains and tell your wife's boyfriend to leave the room so you can jerk off to these potential gains.
EVRI is Everi Holdings Inc. Don’t know what that is? They’re only “the casino industry’s only single source provider of robust payments solutions, vital intelligence offerings, and engaging gaming machines that power the casino floor” according to Casino Vendors
(Source: http://www.casinovendors.com/vendoeveri-holdings-inc/)
Now if that doesn’t make your wife’s boyfriend cream his jeans, then the following information might just make your dick hard enough to satisfy your displeasured wife. I think that EVRI could see huge growth for the following reasons
EVRI has the versatility both online and on the floor for casinos
Taking a look at this source (http://www.casinovendors.com/vendoeveri-holdings-inc/) you can see that there products and services include…
  1. Gaming equipment and supplies: “Everi Games feature exciting original concepts, dynamic artwork, and thrilling game play that are designed to stop patrons in their tracks. Players seek out Everi’s award-winning games, cabinets, and toppers, and stream into casinos to play TournEvent® and TournEvent of Champions®”
  2. Cash/Chips/Money/Money Handling Equipment: “CashClub® gives operators an easy-to-use single dashboard interface that streamlines check warranties and credit/debit card transaction processing. The software’s enhanced features include electronic signature capture and dynamic currency conversion. CashClub interfaces with Everi Compliance, which helps casinos meet Title 31 requirements. CashClub works with a casino operator’s existing cage workstation equipment, removing the need for a separate stand-alone terminal.”
“CentralCredit™ - The industry’s leading repository for casino-related credit data and reporting. QuikMarketing™ - This tool lays the foundation for highly targeted, cost-effective, and successful direct marketing campaigns.”
and… “Intuitive, flexible & designed Kiosks to provide a premium experience to patrons.”
  1. Administration and Finance: “Everi Compliance™ has new and innovative compliance products expanding our ability to service patrons and casino customers. Our compliance products are the gold standard for Anti-Money Laundering (AML) compliance across the gaming industry, which allows operators to easily meet Title 31 regulatory requirements.”
To see even more versatility and see what more specific services they provide, click this link https://finance.yahoo.com/quote/EVRI/profile?p=EVRI
Based off of these services alone, any one of you extra-chromosomes gamblers can see why EVRI is able to make money both online and on the floor, physical casinos. They make online gambling games, provide systems to protect casinos, design on the floor games, have products to transfer money in and out of debit/credit cards at the casino to feed the gambler, and even have business in reporting casino data and marketing campaigns. IF THIS ISN'T A COMPANY THAT DOESN'T DO EVERYTHING THEN IDK WHAT TO TELL YOUR SMOOTH BRAIN. They are immune to COVID and can be profitable with/without it.
EVRI has great target prices from analysts and even has potential news coming up that can propel us Valhalla
https://www.casino.org/news/everi-soars-on-digital-wallet-deal-with-winstar-casino/
“But Roth Capital analyst David Bain previously said two agreements with tribal operators notched by Everi account for 15 percent of the company’s fintech business and were going overlooked by investors.” This made the price target shift from $20 to $21 for this guy.
This same article said this about David Bain as well “Today’s surge by Everi stock may not be a one-off event. Bain, the Roth Capital analyst, says another customer will roll out CashClub Wallet in the coming weeks. He didn’t identify that operator, but he did say it’s one of the largest casino firms in the world. The analyst adds that on a standalone basis, Everi’s fintech basis is worth $16 a share. When accounting for peer average multiples on gaming device suppliers, the stock could trade near $29, or more than double where it resides today.”
I know some you have a hard time reading, but that means we could see news of EVRI’s own product (CashClub) be announced to be integrated in one of the largest casinos companies in the world. If that doesn’t scream PUMP, I don't know what does
EVRI also has fantastic news of expanding, incorporating, and even being recognized as the best in their field
Refer to this link on EVRI’s website with their Investors Information. You can scroll for minutes and find positive information everywhere including but not limited to.
Everi Wins Best Slot Product and Best Consumer-Service Technology Awards for Second Consecutive Year from Global Gaming Business
Everi Highlights Roadmap for Cashless Gaming Industry Leadership
Golden Nugget Celebrates Its #777th Game on the Seventh Anniversary of nj-casino.goldennuggetcasino.com with the Launch of a Unique Custom Game Designed By Everi
Everi’s CashClub Wallet™ Launches at WinStar World Casino and Resort
Everi Digital Expands Relationship with Parx Casino, Delivering Additional Player-Preferred Slot Content for Online Real-Money Play in New Jersey
EVRI’s option chain are cheap for long dated calls
Because I am writing this after hours, the options chain will most likely change come market open, but keep in mind, they will still be cheap.
Looking at January 20c and March 22.5c, they are .18 with a .05-.3 bid/spread and .2-.25.
Yeah yeah yeah, I know what you’re thinking “oH tHE BiD aSK SpREad is TOO wIdE”. But if you guys seriously think the bid/ask spread is what has limited your autistic trades up to this point, then you’re just lying to yourself. Get your order filled, because were making fucking tendies.
THE MEME POTENTIAL OF THIS STOCK IS PERFECT FOR US RETARDS
Is there anything that is more ironic than a bunch of degenerate gamblers gambling on a gambling company that is so revered in the gambling industry that it’s not even a gamble? FUCK NO THERE’S NOT.
WE ARE MADE FOR THIS TICKER, AND AS AUTISTS AND GAMBLERS WE NEED THIS PLAY. As many of you know, once a ticker catches fire in this sub it gets HUGE coverage. Look for yourselves at the countless memes and videos of WSB getting coverage on Cramers shows and news outlets. MEMES MEAN MORE ADVERTISING, MEANS MORE PUMPS, MEANS MORE TENDIES, WHICH MEANS MORE MONEY FOR DICK PUMPS.
I rest my case.
TLDR; EVRi is a fucking powerhouse in the online/in-person gambling/casino world. They have lots of news going for them along with having cheap calls, a well run business with great price targets, good price action movement, and most importantly infinite meme potential
POSITIONS:
20 Contracts of Jan/15/2021 20c
15 Contracts of Ma19/2021 22.5c
submitted by QVonesh to wallstreetbets [link] [comments]

DraftKings (NASDAQ: DKNG) - Deep Dive Research - Part 1

TL:DR
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.
submitted by Historical-Comment36 to SecurityAnalysis [link] [comments]

DraftKings (NASDAQ: DKNG) - Deep Dive Research - Part 1

TL:DR
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.
submitted by Historical-Comment36 to investing [link] [comments]

EVRI: The True Autists Gambling Ticker

Alright dipshits, I believe I have found a ticker that has huge growth potential over the next few months that is under the radar of many. So prepare your smooth brains and tell your wife's boyfriend to leave the room so you can jerk off to these potential gains.
EVRI is Everi Holdings Inc. Don’t know what that is? They’re only “the casino industry’s only single source provider of robust payments solutions, vital intelligence offerings, and engaging gaming machines that power the casino floor” according to Casino Vendors
(Source: http://www.casinovendors.com/vendoeveri-holdings-inc/)
Now if that doesn’t make your wife’s boyfriend cream his jeans, then the following information might just make your dick hard enough to satisfy your displeasured wife. I think that EVRI could see huge growth for the following reasons
EVRI has the versatility both online and on the floor for casinos
Taking a look at this source (http://www.casinovendors.com/vendoeveri-holdings-inc/) you can see that there products and services include…
  1. Gaming equipment and supplies: “Everi Games feature exciting original concepts, dynamic artwork, and thrilling game play that are designed to stop patrons in their tracks. Players seek out Everi’s award-winning games, cabinets, and toppers, and stream into casinos to play TournEvent® and TournEvent of Champions®”
  2. Cash/Chips/Money/Money Handling Equipment: “CashClub® gives operators an easy-to-use single dashboard interface that streamlines check warranties and credit/debit card transaction processing. The software’s enhanced features include electronic signature capture and dynamic currency conversion. CashClub interfaces with Everi Compliance, which helps casinos meet Title 31 requirements. CashClub works with a casino operator’s existing cage workstation equipment, removing the need for a separate stand-alone terminal.”
“CentralCredit™ - The industry’s leading repository for casino-related credit data and reporting. QuikMarketing™ - This tool lays the foundation for highly targeted, cost-effective, and successful direct marketing campaigns.”
and… “Intuitive, flexible & designed Kiosks to provide a premium experience to patrons.”
  1. Administration and Finance: “Everi Compliance™ has new and innovative compliance products expanding our ability to service patrons and casino customers. Our compliance products are the gold standard for Anti-Money Laundering (AML) compliance across the gaming industry, which allows operators to easily meet Title 31 regulatory requirements.”
To see even more versatility and see what more specific services they provide, click this link https://finance.yahoo.com/quote/EVRI/profile?p=EVRI
Based off of these services alone, any one of you extra-chromosomes gamblers can see why EVRI is able to make money both online and on the floor, physical casinos. They make online gambling games, provide systems to protect casinos, design on the floor games, have products to transfer money in and out of debit/credit cards at the casino to feed the gambler, and even have business in reporting casino data and marketing campaigns. IF THIS ISN'T A COMPANY THAT DOESN'T DO EVERYTHING THEN IDK WHAT TO TELL YOUR SMOOTH BRAIN. They are immune to COVID and can be profitable with/without it.
EVRI has great target prices from analysts and even has potential news coming up that can propel us Valhalla
https://www.casino.org/news/everi-soars-on-digital-wallet-deal-with-winstar-casino/
“But Roth Capital analyst David Bain previously said two agreements with tribal operators notched by Everi account for 15 percent of the company’s fintech business and were going overlooked by investors.” This made the price target shift from $20 to $21 for this guy.
This same article said this about David Bain as well “Today’s surge by Everi stock may not be a one-off event. Bain, the Roth Capital analyst, says another customer will roll out CashClub Wallet in the coming weeks. He didn’t identify that operator, but he did say it’s one of the largest casino firms in the world. The analyst adds that on a standalone basis, Everi’s fintech basis is worth $16 a share. When accounting for peer average multiples on gaming device suppliers, the stock could trade near $29, or more than double where it resides today.”
I know some you have a hard time reading, but that means we could see news of EVRI’s own product (CashClub) be announced to be integrated in one of the largest casinos companies in the world. If that doesn’t scream PUMP, I don't know what does
EVRI also has fantastic news of expanding, incorporating, and even being recognized as the best in their field
Refer to this link on EVRI’s website with their Investors Information. You can scroll for minutes and find positive information everywhere including but not limited to.
Everi Wins Best Slot Product and Best Consumer-Service Technology Awards for Second Consecutive Year from Global Gaming Business
Everi Highlights Roadmap for Cashless Gaming Industry Leadership
Golden Nugget Celebrates Its #777th Game on the Seventh Anniversary of nj-casino.goldennuggetcasino.com with the Launch of a Unique Custom Game Designed By Everi
Everi’s CashClub Wallet™ Launches at WinStar World Casino and Resort
Everi Digital Expands Relationship with Parx Casino, Delivering Additional Player-Preferred Slot Content for Online Real-Money Play in New Jersey
EVRI’s option chain are cheap for long dated calls
Because I am writing this after hours, the options chain will most likely change come market open, but keep in mind, they will still be cheap.
Looking at January 20c and March 22.5c, they are .18 with a .05-.3 bid/spread and .2-.25.
Yeah yeah yeah, I know what you’re thinking “oH tHE BiD aSK SpREad is TOO wIdE”. But if you guys seriously think the bid/ask spread is what has limited your autistic trades up to this point, then you’re just lying to yourself. Get your order filled, because were making fucking tendies.
THE MEME POTENTIAL OF THIS STOCK IS PERFECT FOR US RETARDS
Is there anything that is more ironic than a bunch of degenerate gamblers gambling on a gambling company that is so revered in the gambling industry that it’s not even a gamble? FUCK NO THERE’S NOT.
WE ARE MADE FOR THIS TICKER, AND AS AUTISTS AND GAMBLERS WE NEED THIS PLAY. As many of you know, once a ticker catches fire in this sub it gets HUGE coverage. Look for yourselves at the countless memes and videos of WSB getting coverage on Cramers shows and news outlets. MEMES MEAN MORE ADVERTISING, MEANS MORE PUMPS, MEANS MORE TENDIES, WHICH MEANS MORE MONEY FOR DICK PUMPS.
I rest my case.
TLDR; EVRi is a fucking powerhouse in the online/in-person gambling/casino world. They have lots of news going for them along with having cheap calls, a well run business with great price targets, good price action movement, and most importantly infinite meme potential
POSITIONS:
20 Contracts of Jan/15/2021 20c
15 Contracts of Ma19/2021 22.5c
submitted by QVonesh to smallstreetbets [link] [comments]

A Look at the Daftar Joker123 Slot Machine

In the first five days of April, the game of the Daftar Jokers: Hindi slots has been introduced in Singapore. This is the very first online casino game that is based on the highly popular Chinese game, the Mahjong. The game is based on the same principles of the mahjong and the game is thus referred to as Mahjong on the basis of its similarity with Chinese traditional card games. This is a progressive slot machine game that uses random number generators to generate the winning numbers.
This progressive slot machine game has been developed by the experts in the field of computer software in the hope that they could create an innovative casino game. The random number generators have been embedded in the software, which is in the form of a virtual machine that runs on an embedded Linux operating system. It is very simple for the players to access this feature and use it to create an exciting gaming experience. The software can be downloaded directly from the website of the Daftar Jokers: Hindi slot machine company without the need for a registration. This makes it easy for all interested players to play the game at no cost.
To make it even more interesting, there is an additional "joker" slot machine called the "super rare" that gives players an extra amount of chips when they win. The players need to login to the Daftar Jokers: Hindi slot online casino and select the super rare slot joker; the machine will then spin and display a message saying "You have won the jackpot". The player needs to login again to win the jackpot and the experience is just the same as when he wins the regular jackpot. You can download joker slot machines as many times you like until you run out of money. However, you can only play these machines up to two at a time.
Although there are various attractive features associated with this slot machine, one of its unique features is the "daftar joker123" machine. This machine is not connected to any other regular slot machines; therefore, it is in a different category altogether. When you add the word "daisy" to its name, you can clearly understand what the machine is based on.
The word "daisy" is based on the Chinese character" Dong Gui Zhi", which means "Daffodil Flower". According to popular belief, the flower grows in the spring and symbolizes new life. In addition, there is also another story that says that the flower is representative of new love. Therefore, the Daftar Joker123 is based on the love story. Another interesting fact about this machine is that the winning combination for this slot is always a red or black daisy.
Although there are various attractive features of the "daisy" slot machine, you should always remember that this particular game is based on luck and chance. No matter how good your computer is or how lucky you are, there is no such thing as an expert computer program that can beat this machine. Therefore, you should play this game only with the hope of winning some money from it. That is why it is suggested that you play this online challenge from the comfort of your own home.
submitted by tavewvfcd to DaftarJoker123123 [link] [comments]

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Can I Win Money With Joker123 Online Slot Machines?

One of the hottest slot machine games online is the slot machine "Joker123". It has a very good reputation in the online casino world for being a dependable, trustworthy casino game. The game is free to play and it requires no download or registration of any kind. Just be sure you are on an authorized site to avoid getting scammed or ripped off. There are many people who are not aware that there are free games on sites such as this one.
You should know that there is a big difference between machines that actually call out win numbers and those that simply say "your win is next". Some of these games allow the player to re-spin the reels to try and get more credits. It's easy to tell when a machine is lying to you because you will hear a knocking sound that they associate with the words "winning". If you hear this noise and continue to spin the reels, it's very likely that the machine is not genuine and will just be taking your money for nothing.
To start enjoying the action you need to first deposit funds into your online account. Once you have done this you can then activate your slot machine. This is done by selecting "play" on the reels and then clicking on "play now". If you have ever been on a casino trip and felt like luck was running your direction then this is what you are going to feel like when you play Jokers. Jokers are a very fast paced game and you could end up losing all you have right away.
If you are using an actual slot machine on a live casino you should know that all that glitters is not gold. Many casinos will have rules prohibiting players from carrying extra cash with them when playing their slots. That rule does not apply to Jokers online because it is not a live casino that is susceptible to these types of rules. This means that if you are using an actual slot machine at a real casino you are well within your rights to use Jokers online. Casino sites do not want players to win more than they can afford, so they often times have slot machines set up so that you can only withdraw or put any money in on that particular slot machine.
You should also keep in mind that when you are playing on an online slot machine you are not going to have the type of sound effect that you would have if you were actually in front of a slot machine. Since you are not actually playing a slot machine, you will not be hearing all the buzzing, popping, and thumping that you would normally hear when you are playing in a casino. In fact the only sound that you will be hearing is the sound of the reels winding down. So while you might get a good feeling every time you log on to your online slot machine Joker123, chances are that you are not actually going to be making a winning bet on this particular slot machine.
There are many different slot machines available for you to play on the internet, including slot machines that allow you to win real cash as well as virtual ones. If you are looking to win real cash from online slot machines, there are a couple of things that you should know before you ever download any software or log on to any web site. First of all, make sure that the online slot machine that you are planning on playing on has a lot of cash prize money and is in a location where it is actually possible for people to actually see it. Playing on slot machines that are hidden away or are not in an obvious location may end up having disastrous consequences for your finances if you are not careful.
submitted by vegojacdf to Joker123123 [link] [comments]

Riverslot sweepstakes

For an online casino to operate fully, it needs good gambling software. And there aren’t many online gambling slot machines that offer all the services that a casino business owner needs. A good riversweeps software should be able to operate an internet cafe software, sweepstake casino software, and Bitcoin casinos. Additionally, casino software requires many essential services. Let’s list some of the riversweeps software essentials in detail.
#riversweeps #riverslotgames #riversweepsathome
Learn More: https://vegas7.games/riverslot-casino-software-everything-you-need-to-know/
submitted by ApolloSanBonomo to u/ApolloSanBonomo [link] [comments]

Riverslot

For an online casino to operate fully, it needs good gambling software. And there aren’t many online gambling slot machines that offer all the services that a casino business owner needs. A good riversweeps software should be able to operate an internet cafe software, sweepstake casino software, and Bitcoin casinos. Additionally, casino software requires many essential services. Let’s list some of the riversweeps software essentials in detail.
#riversweeps #riverslotgames #riversweepsathome
Learn More: https://vegas7.games/riverslot-casino-software-everything-you-need-to-know/
submitted by ApolloSanBonomo to u/ApolloSanBonomo [link] [comments]

Riversweeps at home

Because of its benefits and huge prizes, most gamblers are interested in the riversweeps software platform. Also, it is so easy to play these riversweeps casino games online. In other words, to play riversweeps at home, all you need to have is a quick internet connection and beautifully designed online gambling slot machines.
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Learn More: https://vegas7.games/play-riversweeps-at-home-top-6-sweepstakes-games/
submitted by ApolloSanBonomo to u/ApolloSanBonomo [link] [comments]

How do you win at casino slots?

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Virtual reality technology and the VR casinos are getting more huge and regularly occurring via hundreds of heaps of on line game enthusiasts from everywhere in the global. Some gamblers pick gambling at a land-primarily based on line casino where they're free to walk around and pick out their favorite slot machines or desk games over the net casinos. Regardless, you may discover the VR Casinos greater immersive, interactive, and wonderful.

In this guide, we discover the emergence of Virtual Reality Casinos, some of the nice video games you may play, the quality VR on line casino game developers, and lots much greater.

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Since the primary VR- helmet sold by using SEGA hit the markets over two decades ago, the era has made a terrific advancement inside the nice and design of VR era. There are 4 renown names which might be intently associated with the VR helmets, SONY, HTC, OSVR, and Oculus Rift. These are fundamental producers and developers or VR helmets.

It is essential to recognize from the start that VR generation isn't always most effective utilized in casinos however also in fields like schooling, fitness, therapy, military training, and greater. But the maximum industry this is expected to advantage greatly is the casino. In reality, reliable web sites like SlotsMillion has already paved the manner for the Online Casino.

How does the VR Casino paintings?
As aforementioned, you will require digital truth goggles. Once the goggles or helmet is placed on, the whole thing will blacken out before a screen seems. This is your new virtual global. The gambler interacts with the display the usage of a controller and of path, their palms. There is a video launched by way of SlotsMillion Casino wherein viewers can witness the wonder of playing at a VR casino.

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Which video games are available in VR Casinos?
Although the VR casino industry is still at an embryonic level, a couple of high-quality games have emerged from distinctive software program developers like Micro gaming and Net Entertainment. If you're inquisitive about gambling VR casino video games, you will in all likelihood come upon an array of over forty titles in Slots Million Casino inclusive of Slots, Poker, Roulette, Blackjack tournaments, Gin Rummy, and Poker Dice.

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