Opportunities galore in mid, small caps, but tread with caution
Investors seem to be enthused by the rally in mid- and small-caps, but fund managers advise caution against taking excessive exposure despite opportunities for growth.
According to experts, while the rally is justified in certain pockets, it’s just a euphoric move in others. The BSE MidCap has seen a stellar 119.5% rise over the past three years, and 115.3% over the past five years. Year-to-date, it has gained 27.63%.
Experts say that it is important to evaluate each segment on a relative basis.
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Microsoft Buys Activision Blizzard In Deal Valued At Nearly $70 Billion, Bobby Kotick Staying On As CEO
Following reports, Microsoft has now officially announced it has acquired Activision Blizzard in a deal valued at nearly $70 billion. This is Microsoft’s biggest acquisition in history of any type, and it is the biggest gaming acquisition in history by a huge margin.
“Over many decades, the studios and teams that make up Activision Blizzard have earned vast wellsprings of joy and respect from billions of people all over the world,” Xbox boss Phil Spencer said. “We are incredibly excited to have the chance to work with the amazing, talented, dedicated people across Activision Publishing, Blizzard Entertainment, Beenox, Demonware, Digital Legends, High Moon Studios, Infinity Ward, King, Major League Gaming, Radical Entertainment, Raven Software, Sledgehammer Games, Toys for Bob, Tre…
New Nintendo Switch Controller Announcement Could Come This Week
Nintendo is apparently working on yet another controller for the Switch, but details on the new peripheral are about as sparse as they can get. The new controller was revealed in an FCC filing (originally spotted by VGC) from Nintendo, which is simply titled “game controller.” Even more exciting is that the announcement is expected this week, according to a separate filing by the FCC that appears to have been removed after VGC spotted it. Come from Sports betting site VPbet
One of the only bits of information that can currently be found in the filing is that the controller will be wireless, connecting to the Switch via Bluetooth. Everything else about the controller, including its schematics, use…
Clark’s New Casino Venture Awaits PAGCOR’s Licensing Decision
In the bustling region of Clark, a new development is on the horizon as Belle Corporation has officially expressed its intent to construct a casino, marking a potential expansion in their gaming portfolio. While interest from various parties has been confirmed, the final approval from the Philippine Amusement and Gaming Corporation (PAGCOR) is still pending, with a careful review process currently in place.
Detailed review and application process:
The Philippine Amusement and Gaming Corporation (PAGCOR) has been approached with several applications for new casino projects, including one from Belle Corporation. As of now, no new licenses have been issued, and the review process is rigorous to ensure that any new development aligns with the strategic economic and regulatory…
Colorado Tribes File Lawsuit for Fair Access to Online Sports Betting
The Ute Mountain Ute Tribe has now joined forces with the Southern Ute Indian Tribe in a legal battle against the state of Colorado, aiming to correct what they describe as unfair treatment regarding access to online sports betting. Both tribes claim they have been denied the economic opportunities guaranteed to them under long-standing agreements, and are demanding the state live up to its obligations.
Ute tribes seek justice over online sports betting dispute:
Ute Mountain Ute Tribe Chairman Manuel Heart emphasized the tribes’ frustration, stating, “The State must live up to its obligations to our Tribes as outlined in agreements and federal law. Because of this ongoing injustice, we are …
New Hampshire Charity Casino The Brook Donated $4m in 2022
America’s largest charity casino, The Brook, announced it has donated more than $4 million to local charities in 2022 alone.
Utilizing a Charity Casino Model
The Brook, a casino located in New Hampshire just minutes away from the Massachusetts Stateline operates on a charity-based model and donates 35% of all its gaming revenue to support more than 100 local organizations on a rotational basis.
Commenting on the news, Andre Carrier, chief executive officer of The Brook, explained why the casino which is operated by a company that is 100% owned by its employees was built in the first place.
“Seeing the potential of New Hampshire’s charity casino model is what brought us home to build …
Peter & Sons signs new deal to implement Yggdrasil’s Gigablox mechanic
Up-and-coming game development studio and YG Masters partner Peter & Sons has licensed Yggdrasil Gaming’s popular Gigablox mechanic to optimize future game production and “create thrilling new content.”
One of the Cherry Ab subsidiary’s three game engagement mechanics (GEM), the deal allows Peter & Sons to implement the framework into its games development process, with the first enhanced title to be realized prior to the year’s end.
Framework utilization:
Lucky Neko and Hades, released in June and October of 2020 respectively, are two of Yggdrasil’s proprietary games that feature the Gigablox mechanic, which offers intuitive win potential. In Lucky Neko, the framework enables dynamic reels to produce …