Albeit a week late, I want to share my 2021 portfolio for documentation purposes and for whoever is interested. I aimed to balance risk in this portfolio with some growth names and legacy plays. Down to brass tacks, I am putting my money in the highest quality companies (in my view) across a diverse set of industries I find attractive. Some of these names are overvalued in the short term. However, I have realized I am not in the business of beating Wall Street’s pricing, but would rather hold high-quality companies that I believe will grow faster that the market in the long term. In other words, I am totally fine paying a short-term premium for growth and quality. Below is a summary of the portfolio and big picture reasoning behind each investment. I'm definitely open to any feedback.

Company	Ticker	Entry Price	Exposure
ARK Genomic Revolution ETF	ARKG	$93.26	6.60%
CrowdStrike	CRWD	$211.82	11.78%
Disney	DIS	$181.18	10.53%
Enphase Energy	ENPH	$175.47	7.98%
Evolution Gaming Group	EVVTY	$101.02	12.77%
Facebook	FB	$273.16	11.05%
Redfin	RDFN	$68.63	10.41%
Teladoc	TDOC	$199.96	9.60%
Sea Ltd	SE	$199.05	14.09%
Waste Connections	WCN	$102.57	5.19%

ARK Genomic Revolution ETF (BATS: ARKG) - Invests in companies advancing genomics. The companies held in ARKG may develop, produce or enable: CRISPR, Targeted Therapeutics, Bioinformatics, Molecular Diagnostics, Stem Cells, Agricultural Biology.

• Innovative industry. Since 2003 the cost to sequence a human genome has dropped from nearly $3bn to less than $1,000. ARK believes that as costs continue to drop, genomic sequencing will become a standard of care in oncology. It will introduce more science into healthcare decision making, enable personalized medicine, and accelerate drug discovery. ARK estimates that genomic sequencing revenues will grow 43% at an annual rate, from $3.5bn last year to $21bn in 2024.
• Cathie Wood. She’s a beast stock picker. Out of all the ETFs she runs, her closest competitor trailed by 60%. Her worst ETF still doubled investors' money. Her strategy is to make investments into companies that she considers incredibly transformational and she has seen success doing it.

CrowdStrike (NASDAQ: CRWD) - Cybersecurity technology company that provides endpoint security, threat intelligence, and cyber attack response services.

• Best in class technology. Remember about a week ago a bunch of Russian hackers breached SolarWinds? The same hackers also tried to hack CrowdSrike at the same time but were unsuccessful. I’ve wandered on to a bunch of cybersecurity forums, and the general consensus is CrowdStrike has developed the best cybersecurity solution by miles. CRWD is the undisputed leader in cybersecurity.
• “Pick-and-shovel” investment into the world’s increasing digitization. Even in the absence of COVID, cybersecurity remains a key component of the world’s increasing digitization as cyberthreats have been an ongoing issue from the onset of the internet. In the last decade we have seen a bunch of hacks where companies have exposed sensitive customer information. It seems companies are just starting to realize the importance of cybersecurity.

Disney (NYSE: DIS) - Worldwide entertainment company that you all are probably familiar with.

• Reopening trade. In 2019, parks generated 45% of total operating income for DIS. Full reopening and attendance in parks will be slow, but certainly benefit DIS when it happens. The company has been executing on several other segments in the meantime (i.e. streaming). It has proved competitive, increasing the margin of safety if parks take longer to reopen.
• Fast-growing streaming division. DIS has proved agile as it successfully launched a streaming service, Disney+, that has already gained 86mn+ subscribers which was the company’s original 5 year target. This is promising as it shows management can adapt to rapidly changing technology trends.

Enphase Energy (NASDAQ: ENPH) - Designs and manufactures software-driven home energy solutions that span solar generation, home energy storage and web-based monitoring and control.

• Shift to clean energy; ENPH emerging as market leader. Going into 2021, sentiments towards solar have been at an all time high. This trend is expected to continue, especially after the Georgia run-off results. Solar firms are expected to benefit from extended tax incentives on both the consumer and producer ends.
• Technological advantage. ENPH has developed the industry leading solution and is rapidly taking market share from its primary competitor, SolarEdge. Pricing reflects this, but it's expected to continue. Among key competitors, Enphase has been one of the lowest cost producers. Its low-cost structure is a major contributing factor to its improving margins.

Evolution Gaming Group (OTC: EVVTY) - Swedish company that develops, produces, markets and licenses integrated B2B live casino solutions for gaming operators.

• Early mover advantage. Evolution’s lack of competition enables it to rapidly grow in new markets and create a loyal customer base, with high switching costs. The company has effectively grown EBITA margins from 41.6% in 1Q18 to 64.8% in 3Q20. Margin expansion is expected to continue.
• Massive untapped markets. Europe is estimated to be around $2.5bn (EVVTY has 50% market share), Asian market is ~15x the size of Europe (150% YoY growth for EVVTY in Asia). North America’s market is ~$210mn, a 42% increase YoY, with NJ and PA the only states currently operating (NY looks promising). Management thinks the US will be the largest in the long-term.
• Undetected from Wall Street. Evolution has almost no analyst coverage in the US and very minimal coverage in Europe, presenting opportunity for additional growth as institutional money managers recognize this opportunity and draw attention to the stock. Additionally, Evolution has a founder-led management team that is highly aligned with shareholders (mgmt owns over 30% of the stock).

Facebook (NASDAQ: FB) - Enables people to connect through devices. It’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus.

• Zuck. It’s not a question of who is the next Jobs/Bezos/Gates/Zuck, because Zuck is super young. He has a history of being able to execute: IG acquisition / transition from desktop to mobile / denying multiple acquisition opportunities in his twenties.
• Undervalued. FB is the cheapest among the FAANG stocks, yet has some of the highest growth rates. This is mainly because of its continuous political scandals. With Trump out of office, I think FB has a chance to stay out of trouble and start to realize higher multiples. The antitrust lawsuit is not a threat imo, it is actually an opportunity. If the govt forces FB to break up, we would get shares in the spin-offs, which would be valued at a higher multiple than FB. For example, if Instagram spun off from FB and traded at the same multiple as SNAP, Instagram’s market cap would be larger than FB’s.

Redfin Corporation (NASDAQ: RDFN) - Provides residential real estate brokerage services.

• Digitization of Real Estate (i.e. “iBuying”). Technology in RE is moving from being informational to transactional. Redfin’s iBuying service is dubbed “RedfinNow.” The service basically buys homes from sellers looking for a quick and convenient sale (close deals within 10-30 days). This segment isn’t profitable yet as it is just getting started, but promising as the management adapts to technology trends.
• Inter-US Migration and housing outlook. People are moving out of the cities because of COVID / trying to avoid taxes / etc. which increases demand for Redfin’s services. With interest rates extremely low (and no expectation for them to increase), homebuying demand should continue to grow.
• RDFN most attractively valued compared to Z and OPEN, with the most upside potential given its market cap ~$7bn. Some are predicting RDFN might start offering rental services as well. RDFN has the best LT margin potential.

Teladoc Health (NYSE: TDOC) - Provides virtual healthcare services on a B2B basis to its clients and provides services to consumers directly and through channel partners.

• Competitive positioning in industry ripe for disruption. Healthcare is a huge market yet to be significantly disrupted. COVID has accelerated this disruption. Providers who were once opposed to telemedicine now realize its benefits and several regulatory changes are promising for telemedicines growth potential. Medicare and other government-sponsored coverage is expected to include telemedicine benefits, increasing TDOC’s TAM.
• Livongo acquisition. From the consumer POV, this will increase access to healthcare at a lower cost. Teladoc will have access to a larger amount of data it can interpret to refine its services and monetization strategies.

Sea Ltd (NYSE: SE) - Digital entertainment, electronic commerce, and digital financial services. The Company operates three business segments: Garena, Shopee, and SeaMonkey. The Company’s digital entertainment business, Garena, is a global game developer and publisher with a presence in Southeast Asia, Taiwan, and Latin America. Garena provides access to mobile and personal computer online games. Shopee provides users with a shopping environment that is supported by integrated payment, logistics, fulfillment, and other value-added services. SeaMonkey business is a digital financial services provider. SeaMonkey offers e-wallet services, payment processing, credit related digital financial offerings, and other financial products.

• Diversified consumer internet company with market-leading position. Sea caters to Southeast Asia and Taiwan, providing its online gaming, e-commerce, and payment platforms. Shopee has overtaken competitors, it is widening its market share lead. ESports is a rapidly growing market (15.7% YoY to $1.1bn in 2020) and Sea is outpacing market growth.
• Pay for quality. The best companies keep going up for years in a row, and I think Sea is in the early stages of being classified as such a company. It’s worth $100bn but has effectively proved its ability to identify opportunities and expand business lines.
• Still early stages of developing its consumer banking business, so we get the security of a bigger, established company with upside for an additional, lucrative business line such as fintech.

Waste Connections Inc. (NYSE: WCN) - Waste services company that provides non-hazardous waste collection, transfer, disposal and recycling services.

• Recession resilient; re-opening trade. The waste management industry is recession resilient, it will always be around.
• Non-hazardous waste collection. With a progressive government likely to push climate initiatives, recycling and non-hazardous waste collection are likely to benefit on the back end.
• WCN has a large moat; there isn’t much of a competitive threat the way the industry operates. Management’s strategy is to generally only spend what FCF is available. This enables the company to make acquisitions while handling its debt load. Great for stable growth.

​
P.S. I have two other accounts - one with about 40 growth stocks and another with about 10 big names / ETFs. However, this portfolio has the largest allocation for 2021. My first time trying a more concentrated approach.

WARNING: It is up to you to judge the accuracy and veracity of the below before trading. I take no responsibility for the accuracy of the information in this thread.

Your Pre Market Brief for Tuesday December 15th 2020

Brought to you by MoonGangCapital
You can subscribe to the daily 4:00 AM Pre Market Brief on The Twitter Link Here . Alerts in the tweets will direct you to the daily 4:00 AM Pre Market Brief in this sub.
Other Useful Resources: The Ultimate Quick Resource For the Amateur Trader.
Published 2:33 AM EST / Updated as of 4:00 AM EST
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Stock Futures:

• Pre-Market Trading
• Asian Stocks Set for Muted Start; Dollar Retreats: Markets Wrap

Monday 12/14/2020 News and Markets Recap:

• AN AWESOME MARKET RECAP FROM u/psychotrader00 ( RedditTickers )
• Benzinga's Bulls And Bears Of The Week: Boeing, Netflix, Nike, Starbucks And More

Tuesday December 15th 2020 Economic Calendar (All times are Eastern)

• 01:30 PM Import Prices YoY NOV
• 01:30 PM Export Prices YoY NOV
• 01:30 PM Export Prices MoM NOV
• 01:30 PM Import Prices MoM NOV
• 01:30 PM NY Empire State Manufacturing Index DEC
• 01:55 PM Redbook YoY 12/DEC
• 01:55 PM Redbook MoM 12/DEC
• 02:15 PM Industrial Production YoY NOV
• 02:15 PM Industrial Production MoM NOV
• 02:15 PM Manufacturing Production MoM NOV
• 02:15 PM Capacity Utilization NOV
• 02:15 PM Manufacturing Production YoY NOV
• 03:00 PM IBD/TIPP Economic Optimism DEC
• 09:00 PM Foreign Bond Investment OCT
• 09:00 PM Net Long-Term Tic Flows OCT
• 09:00 PM Overall Net Capital Flows OCT
• 09:30 PM API Crude Oil Stock Change 11/DEC

Overnight News Heading into Tuesday December 15th 2020

(News Yet to be Traded 8:00 PM - 4:00 AM EST)
^{It is up to you to judge the accuracy and veracity of the below before trading. I take no responsibility for the accuracy of the information in this thread.}

• TSLA Tesla To See $1.1B In 'Deferred Software Revenue' In 2021, Munster Estimates
• TSLA Elon Musk's SpaceX Seeks To Double Valuation At $92B In New Funding Round: Report
• TSEM Tower Semiconductor and OPIX Announce the Successful Development of a World Class iToF Technology Platform for 3D Imaging and Face Recognition Applications
• AAPL Apple Supplier's iPhone Factory Suffers $7M In Damages During Violent Worker Protests
• EAF GrafTech Announces Upsizing and Pricing of Secondary Offering of Common Stock by Existing Stockholders
• ATA.U Americas Technology Acquisition CORP. Announces Pricing of $100 M IPO
• UBER Uber Fined $59M In California Over Refusal To Share Information On Sexual Assaults
• BNR Burning Rock Announces an Exclusive in-Licensing of a Risk Stratification Test for Early Stage Lung-Cancer Patients from Oncocyte in China
• BCDA ($4.48) BioCardia, Inc. Announces $8.5 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules [Revised]
• UBER DASH LYFT GRUB Uber and DoorDash are hiking food delivery and rideshare prices for Californians to pay for new driver benefits
• WBA CVS COST RAD KR COVID-19 vaccines expected by spring 2021 at drugstore/grocery store
• GOOG GOOGL Google Kills Its Google Home Max Smart Speaker Line
• J Jacobs Secures Place on Irish Water's Engineering Design Services Framework

End of Day and After Hours News Heading into Monday December 15th 2020

(News Traded 4:00 PM - 8:00 PM EST)
^{It is up to you to judge the accuracy and veracity of the below before trading. I take no responsibility for the accuracy of the information in this thread.}

• WM Waste Management Announces Plan to Increase its Quarterly Dividend Rate and a Refreshed Share Repurchase Authorization
• CAH Ohio Chooses Cardinal Health for COVID-19 Vaccine Distribution
• PTON Spinning creator files patent infringement lawsuit accusing Peloton of stealing its technology for their stationary bikes
• EYRP ERYTECH Completes Enrollment in TRYbeCA-1 Phase 3 Trial in Second-Line Pancreatic Cancer
• XOM North Dakota Sees Its One-Time Oil Gushers Stalled Until 2022
• DIS The Walt Disney Company Schedules Annual Meeting of Shareholders for March 9, 2021
• BSX NVRO Boston Scientific Announces Stipulation Of Dismissal Of Nevro Corporation's Patent Infringement Case In California
• HON Honeywell Acquires Sine Group To Create A Mobile Platform For Honeywell Forge Offerings And To Enhance Connected Buildings Solutions
• NOC Northrop Grumman secures two Air Force contracts worth $185.7M and ~$163.65M
• WD Walker & Dunlop Structures $86 Million in Financing for Seniors Housing Properties
• MMP Kherkher Garcia, LLP Files Suit on Behalf of Burn Victims in Magellan Oil Tank Explosion
• PRIM Primoris Services acquires Future Infrastructure Holdings for $620M
• PEO ADX Adams Natural Resources Fund Initiates Share Repurchases Pursuant To Enhanced Discount Management And Liquidity Program
• TBI PeopleReady’s JobStack App Recognized for Tech Excellence in Staffing During Pandemic
• XOM Engine No. 1 Comments on ExxonMobil’s New Emissions Targets
• NHS Neuberger Berman High Yield Strategies Fund Announces Final Results of Its Tender Offer and Reduction in Leverage
• SAIC NOC US Department of Defense awards new contracts to NOC / SAIC
• GDYN Grid Dynamics Acquires Netherlands-based Daxx, Expands Footprint in Western Europe
• MTN Vail Resorts, Inc. Announces Commencement of $500,000,000 Convertible Senior Notes Offering
• DCI Donaldson Company Makes Strategic Investment With Key Appointment to Accelerate Growth in Life Sciences
• VGC ($0.98) Vista Gold Drilling Confirms Adjacent Mineralized Zone at the Mt Todd Gold Project
• ARMS ($3.26) On July 24, 2020, Amyris and the members of our board of directors were named as defendants in a putative stockholder class action filed in the Court of Chancery of the State of Delawa..
• PQG PQG +9.4%, materials segment acquired by The Jordan Company affiliate
• HWKN Hawkins Named One of America’s Most Responsible Companies by Newsweek
• NXPI NXP Semiconductors shares fall after Goldman downgrade on lack of upside
• VEEV Samsung Biologics Adopts Veeva Vault QMS to Unify Quality Management
• SAFM The Rising Cost to Feed Animals Is Squeezing Meat Producers
• IIPR Innovative Industrial Properties Expands Real Estate Partnership with PharmaCann at New York Property
• PINS Pinterest Pays $20 Million to End Discrimination Suit by Ex-COO
• NEPT Virtual Conference Marks Launch of Mood Ring™ Cannabis Products in British Columbia
• KAI Kadant Awarded $10 Million Order for Fiber Processing Systems
• LZB La-Z-Boy to resume buybacks
• UTZ Utz Brands Completes Acquisition of ON THE BORDER® Tortilla Chips
• INFU InfuSystem to Present at 13th Annual LD Micro Main Event Tuesday, December 15, 2020
• UNH UnitedHealthcare Introduces Enhancements for Wearable Device Well-being Program, Including Access to Apple Fitness+ at No Additional Cost
• CIO City Office renews 10-year lease with Dallas tenant; includes 3 months abatement
• MDWD MediWound Continues Global Expansion with Distribution Agreement for NexoBrid in United Arab Emirates with Ghassan Aboud Group
• TA TravelCenters of America Closes New $200 Million Term Loan
• WRN Western Copper and Gold Initiates a Preliminary Economic Assessment for the Casino Project
• OPNT Opiant Pharma secures additional BARDA grant of $3.5M for OPNT003
• LLY Lilly Announces 15 Percent Dividend Increase

Possible Dip Buying Opportunities in the near future (Other suggestions appreciated):

Suggested Dip Trading Strategy

• TOL: Poor guidance and headwinds in the real estate market (Reliable company though)
• LEN: Dipping as a result of TOLL's guidance. Posturing for earnings on the 16th
• SPWH: Dropping as analysts expect a decrease in revenue earned next year.
• ITB: Real estate expected to cool off in the winter before popping again in the Spring
• LMT: Typical post dividend dip
• CRM: Dipping because investors assess they paid too much for the Slack purchase
• KMX: Been trading sideways for nearly 6 months. Earnings on 12/22
• BGFV: Post earnings/dividend dip
• VIVO: Volatile growth stock
• WM: Dumping after dividend. News Above: Resuming share repurchase program and upping dividend
• WERN Missed in Revenue last ER. Looks oversold.

Offering News:

• MIRM Mirum Pharmaceuticals Announces Pricing of Public Offering of Common Stock
• CTAQ Carney Technology Acquisition Corp. II Announces Closing of $402,500,000 Initial Public Offering
• TGTX TG Therapeutics Announces Pricing of Upsized Public Offering of Common Stock
• MUDS Mudrick Capital Acquisition Corporation II Announces Closing of Underwriter’s Option to Purchase Additional Units in Connection with its Initial Public Offering
• TPVG TriplePoint Venture Growth BDC Corp. Announces Extension and Expansion of Its Revolving Credit Facility
• AROC Archrock Announces Upsizing and Pricing of $300 Million of Senior Notes
• CSTL Castle Biosciences Announces Commencement of Proposed Public Offering of Common Stock
• LEAF Leaf Group Announces Closing of Public Offering of Common Stock
• OCUL Ocular Therapeutix to raise $75M in stock offering
• ENLC EnLink Midstream Announces Pricing of $500 Million of Senior Notes Due 2028
• PXLW Pixelworks Announces Closing of $12.0 Million Public Offering of Common Stock
• HYFM Hydrofarm Holdings Group Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Commodities:

• Oil Edges Toward $47 Ahead of U.S. Coronavirus Vaccine Rollout

Other News & Analysis:

• A Stock Trader’s Guide to the Global Covid Vaccine Rollout
• FEYE SWI AONE FireEye Stumbled Across SolarWinds Breach While Probing Own Hack
• SNE MSFT GME AMZN WMT PlayStation 5, Xbox Units Unexpectedly Arrived At GameStop Stores. Of Course, Chaos Ensued
• MRNA PFE BNTX After Pfizer, Moderna's COVID-19 Vaccine Data Accessed In Cyberattack
• Facebook, YouTube, Twitter Face Multi-Billion Fines In UK Under Online Safety Legislation

Upcoming Earnings:

• Earnings Calendar
• Earnings Calendar II

COVID-19 Stats and News:

• COVID-19 Stats
• Latest Map and Case Count

Macro Considerations:

• Economic Indicators
• Economic Indicator Forecasts
• Tracking America’s Recovery

Other

• Current Trading Halts
• Reg SHO Threshold List
• Short Sale Circuit Breaker
• Highest Short Interest
• Most Recent Insider Filings
• Fear and Greed Index
• OTC Market Snapshot
• Highest Implied Volatility
• Most Recent IPO Filings
• Dividend Calendar
• Most Active Stocks
• Daily Gainers
• Daily Losers

-----------------------------------------------
Subscribe to This Brief and the daily 4:00 AM Pre Market Brief on The Twitter Link Here . Alerts in the tweets will direct you to the daily brief in this sub
Other Useful Resources: Stock Market Tools, Resources, Advice, & Tutorials
WARNING: It is up to you to judge the accuracy and veracity of the above before trading. I take no responsibility for the accuracy of the information in this thread.

Your 7-minute Sunday report in 1743 words.

10 notable anti-corruption cases in 2020

10) SIS concluded the investigation of former president Serj Sargsyan's alleged embezzlement of ֏500 million in agricultural subsidies in 2013. Serj appeared in court as a defendant in February. The case continues.
9) ex-HHK MP and ex-Soccer Federation Chief Ruben Hayrapetyan (oligarch Nemets Rubo) was charged with large-scale embezzlement. In February, he was charged with embezzling $1.5 million-worth lands belonging to the Soccer Federation. (he was earlier implicated in the case about organizing the kidnapping, extortion, and torturing of a man who allegedly stole from his restaurant)
8) ex-Yerevan Mayor and Transport Minister HHK Gagik Beglaryan was charged with embezzling ֏230 million in state property. He was also interrogated as part of a ֏23 billion embezzlement in the North-South highway construction project. His brother is implicated in a ֏85 million embezzlement case.
7) ex-Culture Minister Hasmik Poghosyan (wanted) and ex Israel Ambassador Armen Smbatyan (paid a bail) are charged with using an offshore scheme to embezzle the state property.
6) Serj Sargsyan's brother Alexander was a defendant in the case of the 14 stolen paintings by Martiros Saryan. Pashinyan announced that Alexander's $30 million bank account was frozen. Alexander agreed to return the funds to state coffers. $26 million was recovered. $7.5 million was recovered as part of Martiros Saryan's painting case. Another $19 million was recovered -- or as he says, "donated" -- for the army modernization.
5) Powerful Churchman Archbishop Kchoyan (Bentley guy) was charged as part of an investigation of the forceful appropriation of another businessman's property by using an offshore firm, which was run by several individuals, including the churchman and allegedly the former Prime Minister Tigran Sargsyan. More on that here.
4) Felony case was launched over the purchase of $42 million in weapons that turned out to be dysfunctional. Pashinyan mentioned this on several occasions, blaming the former regime for "wasting resources instead of developing the army." More recently, Pashinyan criticized General Movses "Mosi" Hakobyan, saying the waste took place under his administration.
3) Serj Sargsyan's chief bodyguard Vachagan Ghazaryan and his alleged accomplices had their felony tax-evasion charges dropped after compensating ֏3 billion ($6.3 million) to state coffers.
2) Serj's son-in-law Mikael Minasyan (Povar Ishik) was charged by IRS in March after the "revelation of an unprecedented level of corruption in modern Armenian history". Minasyan is accused of illegal enrichment. The investigation continues. Minasyan is residing in Russia, which won't extradite him due to close connections.
Details on Mishik's case here, here, here, here (laptop recovered with 9000 files), here, here, here, here, maybe here, definitely here, here, here,
1) BHK leader Gagik Tsarukyan was charged with organizing an election fraud during 2017 and financial crimes by his casino Shangri La. The investigation began in late 2019 after a construction firm, with ties to Tsarukyan, paid a bribe to a Yerevan official in an unrelated incident. Tsarukyan likely learned about the pending charges against him and launched a major opposition campaign against Pashinyan, to then frame his charges as "political persecution" for being critical to the government.
https://www.civilnet.am/news/2021/01/03/2020-ի-10-քրեական-գործերը/414983
https://www.evnreport.com/politics/the-political-rise-and-fall-of-tycoon-gagik-tsarukyan

protecting the church from Satanists

Former HHK MPs Shawarmazanov, Vahram Baghdasaryan, Masis Mayor, and their supporters gathered in front of Ejmiatsin cathedral to show support for the church leader Garegin B. The church was lately criticized for being politically-motivated; it has been accused of acting as the former regime's puppet for several years now.
The former MPs condemned the "attacks" and said, "no Satanists can divide our church because it has been our protector for thousands of years."
https://www.youtube.com/watch?v=FrnfWxGlguQ , https://youtu.be/Uli2kwKHtTs , https://youtu.be/FrnfWxGlguQ , https://youtu.be/Gy7PqICSYU4

Italian city Osio Sopra officially recognizes Artsakh Republic

grazie
https://armenpress.am/arm/news/1039469.html

Iranian & Chinese products to replace Turkish

Armenia will import 2250 types of products from Iran instead of Turkey, amid the 6-month ban on Turkish product imports. "This will be a good opportunity for Iranian producers. In the next step, [Armenia] will supply its required raw materials from Iran," said the chief of the Iranian trade agency.
The govt had earlier met Chinese representatives to discuss the replacement of other Turkish items with Chinese ones.
https://en.mehrnews.com/news/167965/Armenia-to-import-2-250-goods-from-Iran-instead-of-Turkey

border "demarcation" process continues in Syunik

The process to install Armenian and Azeri troops continues on the new borders between Armenia and Azerbaijan, in the Syunik province. The border was formerly Syunik (Armenia) - Qashatag (formerly Artsakh).
Syunik's Shurnukh and Vorotan were built on the immediate internationally-recognized border, and some of them were on the Azeri side. As a result, a dozen buildings will go under Azeri control. Shurnukh village mayor complained about losing several houses and Azeris being too close.
Syunik governor said border guards have been installed in areas surrounding Shurnukh. Russian and Armenian guards are placed in certain parts of this 21 km border.
https://factor.am/325886.html

POWs

European Court for Human Rights has approved a petition by Armenia to implement emergency measures to require Azerbaijan to share information about the conditions of 23 POWs.
"So far, such petitions were approved for 80 POWs, 18 of whom have already returned home," said Armenia's representative in Court.
Armenia's HR Ombudsman Tatoyan criticized Aliyev for calling Armenian POW soldiers "terrorists" and for keeping them arrested, which delays the swap process.
https://armenpress.am/arm/news/1039433.html , https://armenpress.am/arm/news/1039480.html

New Years Eve memorial concert in Yerablur Pantheon:

https://youtu.be/eDiK0KZRkH4

casualties & search operations

1145 bodies have been found on battlefields since the ceasefire; 10 of them on Saturday. Several crews continue the search in Martuni, Martakert, and Jabrayil regions.
3330 bodies have been found since the beginning of the war. Some of them are yet to be identified. 436 were identified by DNA analysis, 871 are pending. The DNA process is slow so the govt decided to buy the second device.
https://armenpress.am/arm/news/1039447.html , https://armenpress.am/arm/news/1039483.html , https://armenpress.am/arm/news/1039500.html

Azeri civilian wounded from a landmine explosion

... in the Fizuli region that went under Azeri control during the war. Azeri prosecutors launched an investigation. In turns out, some Azeri civilians visit these areas without allowing the sappers to clear the areas from landmines first. So far, 10 Azeris have died or received injuries from such explosions after the ceasefire.
https://armenpress.am/arm/news/1039473.html

Russian sappers in Artsakh

... have cleared 400 hectares of lands, 151 km of roads, and 617 buildings from 16,000 explosives. Video of URAN vehicle helping sappers to clear land: https://youtu.be/uZOXWsE4Pvw
https://armenpress.am/arm/news/1039508.html

Russian peacekeepers to live in modular housing

They built the second rapid-deployment modular mini-town in Getavan, after finishing one in Stepanakert earlier. Another one will be built in Berdashen this month. The blocs will house 300 peacekeepers. They will have access to various convenience shops.
https://armenpress.am/arm/news/1039452.html

Russian humanitarian aid in Artsakh

Russia sent 5,000 m² glass for window replacement, 70 tons of metal parts, 34000 bedding items, to Martuni and Martakert cities. Earlier they sent 20 mobile electricity generators to help the areas that were cut off from the main electric grid.
Russian doctors have so far treated 1044 Artsakh residents with various complaints. There are medical teams that travel in rural areas to provide care, including mental health services. The doctors received New Year's gifts from the medical administrator Oleg Bagayev.
https://armenpress.am/arm/news/1039453.html , https://armenpress.am/arm/news/1039463.html

more Artsakh refugees return their homes

220 did so on Friday. So far, 47000 residents crossed the Lachin road while returning to their homes.
https://armenpress.am/arm/news/1039462.html

GazProm has extended the gas contract with Armenia

... with the same pricing until 1Q21. More negotiations will take place later.
https://armenpress.am/arm/news/1039439.html

oil, gas, and... crypto mining??

Under the threat of US sanctions, a Norwegian agency will not certify the Russian Nordstream-2 pipeline, which intends to deliver 56 billion (?) cubic meters of gas from Russia to Germany annually. Trump administration has been pushing hard to sell American liquified gas to Europe.
https://sputniknews.com/europe/202101031081638832-norways-dnv-gl-intl-registrar-says-cannot-certify-nord-stream-2-due-to-us-sanctions/
Russia has another new gas pipeline called TurkStream. Its section located in Serbia began operating on Friday. It'll deliver Russian gas to Europe through Turkey. The US said it will impose sanctions in the event TurkStream expands with new pipes in the future.
https://www.azatutyun.am/a/31029599.html , https://www.euractiv.com/section/energy/news/additional-line-to-turkish-stream-would-face-us-sanctions/
Azeri gas pipeline TAP began delivering gas to several cities in Italy. Azeri gas travels through Georgia, Turkey, and Greece. It's co-sponsored by BP.
https://www.azatutyun.am/a/31029406.html
Russian energy giant Gazpromneft built a cryptocurrency mining facility in one of its Siberian oil drilling sites. They will dig gas, burn it, turn into energy, then use it to mine the coins. Good luck competing with your NVIDIA RTX crap (that is if you have one, pleb).
https://oilprice.com/Energy/Energy-General/The-Russian-Energy-Giant-Mining-Bitcoin-With-Virtually-Free-Energy.html

employee of the month

Italian soccer club Roma's midfielder Henrikh Mkhitaryan has been declared the best Roman player of December after a voting.
https://armenpress.am/arm/news/1039476.html

chess news

Levon Aronyan (two-times world cup winner) competed in Airthings Masters finale against Teymur Rajabov (current world cup winner). They played two rounds. Rajabov won the tournament.
Aronyan preserves his FIDE ranking. He is the 6th in the world. The leader is Magnus Carlsen.
https://chess24.com/en/watch/live-tournaments/champions-chess-tour-airthings-masters-2020-prelims/8/1/2 , https://armenpress.am/arm/news/1039458.html , https://armenpress.am/arm/news/1039477.html , https://factor.am/325895.html

world's smallest chess playing just for you

Ara Ghazaryan from Los Angeles built the world's smallest chess and made it into the Guinness World Records book. It's 8x8 millimeter.
"Ara Ghazaryan is an Armenian American artist who uses jewelry to express his art and formerly held this record title. The chess board itself is made from 18 k yellow and white gold with Armenian apricot wood and rests on a frame made of platinum, 18 k yellow gold, rubies, and diamonds. The figures measure in height from 1 mm for the pawns to 2.4 mm for the kings."
Photo: https://www.guinnessworldrecords.com/world-records/78603-smallest-handmade-chess-set
https://factor.am/325695.html

COVID stats

+1088 tested. +229 infected. +14 deaths. +451 healed. 12398 active.
https://armenpress.am/arm/news/1039503.html

COVID hotline

Healthcare Ministry has a new "Coronavirus Hotline" number you can call if you've been diagnozed with COVID and need assistance.
https://armenpress.am/arm/news/1039450.html

HimnaDram.org entertains hundreds of children

The All Armenia Fund has transported 600 Artsakh children and their parents, residing in various provinces of Armenia, to watch performances in Yerevan's Tumanyan Puppet theater. Santa, Dzyunanush, and the Elves surprised the children with gifts in the end. The Foundation will help thousands of children by the end of January.
https://armenpress.am/arm/news/1039451.html

daily եռուզեռ in Stepanakert's main market

It's bustling again after a temporary pause during the war:
https://youtu.be/gKMSE9Xf2bs?t=5

donations for Artsakh & recovering soldiers

www.1000plus.am (recovering soldiers & their families)
www.HimnaDram.org (for Artsakh & Armenia)
www.ArmeniaFund.org (U.S. tax-deductible)

archive of older posts

Armeniapedia's archive of my daily news threads:
http://www.armeniapedia.org/wiki/Daily_Anti-Corruption_Reports

disclaimer

All the accused are considered innocent unless proven guilty in the court of law, even if they "sound" guilty.
Edit: corrected typos in church news.

Team has been involved in a substantial number of the digital media, sports, entertainment, leisure and gaming industries’ most significant merger and acquisition transactions, holding key positions at, and transacting with Scientific Games Corp, Inspired Gaming Group, FOX Bets, Ocean Casino Resort, Resorts International Holdings, PokerStars, DraftKings, Mohegan Sun, Caesars Entertainment Corporation, Harrah’s Entertainment, Tropicana Entertainment, Inc., TSG/Sky Betting & Gaming, Facebook, Inc, Wynn Resorts, Dubai World/MGM Resorts
Here's all the Bios. These guys are stellar! TEKK closed at $10.30 today. Still cheap!
If you don't like to read... you don't like to make money!!!!
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Matthew Davey — Chief Executive Officer and Director
Mr. Davey has over 25 years of experience within the digital media, sports, entertainment, leisure and gaming ecosystems, as well as experience in the public sector. He is an experienced public company executive officer and board member. He has served in executive management positions across the gaming technology arena. Over the course of Mr. Davey’s career, he oversaw more than ten mergers and acquisitions and over $1.2 billion in debt and equity capital raised to support the companies he has led.
Most recently, Mr. Davey was Chief Executive Officer of SG Digital, the Digital Division of Scientific Games Corp. (“Scientific Games”) (Nasdaq: SGMS). SG Digital was established following the purchase by Scientific Games of NYX Gaming Group Limited (“NYX”) (formerly TSXV: NYX), where Mr. Davey served as Chief Executive Officer and Director. The NYX acquisition provided Scientific Games with a vehicle to significantly accelerate the scale and breadth of its existing digital gaming business, including the strategic expansion into sports betting. In his capacity as Chief Executive Officer of NYX, Mr. Davey developed and implemented a corporate strategy that generated strong revenue growth. Mr. Davey shaped company strategy to focus on digital gaming supplier platforms and content that provided various gaming operators with the underlying gaming and sports betting systems for their online gaming business. In 2014, Mr. Davey oversaw the initial public offering of NYX, and his experience in the digital media, sports, entertainment, leisure and gaming industries helped NYX recognize momentum as a public company. After the public offering, from 2014 to 2018, Mr. Davey oversaw seven acquisitions which helped establish NYX as one of the fastest growing global B2B real-money digital gaming and sports betting platforms. These acquisitions included:
• OpenBet: In 2016, NYX completed the $385 million acquisition of OpenBet. This was one of the more complex and transformative acquisitions that Mr. Davey oversaw at NYX. Through securing co-investments from William Hill (LSE: WMH), Sky Betting & Gaming and The Stars Group (formerly Nasdaq: TSG, TSX: TSGI), Mr. Davey was able to get the acquisition from Vitruvian Partners completed successfully, winning the deal against much larger and well capitalized competitors. By combining two established and proven B2B betting and gaming suppliers, NYX was well positioned to provide customers with exciting player-driven solutions across all major product verticals and distribution channels. This allowed NYX to become the leading B2B omni-channel sportsbook platform in the market and the supplier to over 300 gaming operators globally with an extensive library of desktop and mobile game titles, including more than 700 on NYX platforms and more than 2,000 on the OpenBet platform.
• Cryptologic/Chartwell: In 2015, NYX completed the $119 million acquisition of Cryptologic and Chartwell. The acquisition provided NYX with more than 400 titles of additional leading gaming content, a broader customer base, and direct exposure to PokerStars and Intercasino, part of the Gamesys Group (LSE: GYS) — two of the world’s largest online casino offerings.
• OnGame: In 2014, NYX completed the distressed acquisition of OnGame, a premier poker content, platform and service provider. This acquisition provided NYX with one of the best poker products in the industry, access to several regulated jurisdictions, and a valuable talent pool that was instrumental in the growth of NYX. The addition of OnGame further established a path for NYX to continue its growth in both European and U.S. markets.
These acquisitions, together with meaningful organic growth, increased NYX’s revenue from $24 million in 2014 to $184 million annualized in 2017. During that time, Mr. Davey helped build NYX to have over 200 customers in the global gaming industry and a team of 1,000 employees. Mr. Davey’s success at NYX ultimately led to its sale to Scientific Games for $631 million in 2018.
Mr. Davey joined Next Gen Gaming, the predecessor to NYX, in 2000 as the Vice President of Technology, was appointed as Executive Director in 2003 and named Chief Executive Officer in 2005. Prior to that, he was the Senior Consultant for Access Systems, a company that specializes in the provision of back-end software for licensed online casinos. Prior to joining Access, Mr. Davey worked for the Northern Territory Government specializing in matters pertaining to the internet and e-commerce along with roles in the Department of Racing and Gaming. Mr. Davey received a Bachelor of Electrical & Electronic Engineering from Northern Territory University, Australia (also known as Charles Darwin University).
Robin Chhabra — President
Mr. Chhabra has been at the forefront of corporate acquisition activity within the digital gaming landscape for over a decade. His prior experience includes leading corporate strategy, M&A, and business development at two of the global leaders in the digital gaming industry, The Stars Group (“TSG”) and William Hill, and a leading supplier, Inspired Gaming Group (Nasdaq: INSE). Mr. Chhabra served on the Group Executive Committees of each of these companies. From 2017 to May 2020, Mr. Chhabra served as Chief Corporate Development Officer at TSG and, from 2019 to August 2020, he also served as the Chief Executive Officer of Fox Bet, a leading U.S. online gaming business which is the product of a landmark partnership between TSG and FOX Sports, a transaction which he led. During that period, Mr. Chhabra led several transactions which transformed TSG into the largest publicly listed online gambling operator in the world by both revenue and market capitalization and one of the most diversified from a product and geographic perspective with revenues of over $2.5 billion. Mr. Chhabra’s M&A experience is extensive and covers multiple global geographies across the digital gaming value chain and includes the following:
• TSG/Flutter Entertainment Merger: In 2019, Mr. Chhabra led the TSG M&A team that was responsible for TSG’s $12.2 billion merger with Flutter Entertainment (LSE: FLTR). The merger between TSG and Flutter Entertainment is the largest transaction in the digital gaming industry to date. The combination created the largest publicly listed online gaming company with approximately 13 million active customers and leading product offerings, which include sports betting, online casino, fantasy sports and poker. The combined entity includes some of the world’s most iconic digital gaming brands such as Fanduel, Fox Bet, Sky Bet, PaddyPower, Betfair, PokerStars and SportsBet. TSG/Flutter Entertainment is one of the most geographically diverse digital gaming and media companies with leading positions in the United States, United Kingdom, Australia, Ireland, Italy, Spain, Germany and Georgia.
• TSG/Sky Betting and Gaming (“SBG”): In 2018, Mr. Chhabra led the acquisition of SBG from CVC Capital Partners and Sky plc, Europe’s largest media company, in a transaction valued at $4.7 billion. At the time of the acquisition SBG was the largest mobile gambling operator in the United Kingdom and one of the fastest growing of the major operators having doubled its online market share in three years. The acquisition of SBG provided TSG with (a) greater revenue diversification, significantly enhanced expertise and exposure to sports betting just ahead of the judicial overturn of The Professional and Amateur Sports Protection Act of 1992 (PASPA) by the U.S. Supreme Court, (b) a leading position within the United Kingdom, the world’s largest regulated online gaming market, (c) improved products and technology as a result of the addition of SBG’s innovative casino and sports book offerings and a portfolio of popular mobile apps, and (d) expertise in deeply integrating sports betting with leading sports media companies, positioning TSG to create more engaging content, deliver faster growth and decrease customer acquisition costs.
• William Hill (LSE: WMH): At William Hill, from 2010 to 2017, Mr. Chhabra served as Group Director of Strategy and Corporate Development where he led several transactions which contributed to William Hill’s transformation from a land-based gambling operator in the United Kingdom to a leading online-led international business. Mr. Chhabra led William Hill’s entry into the U.S. sports betting and online lottery markets with the acquisition of four businesses, including the simultaneous acquisitions of three U.S. sportsbooks, Cal Neva, American Wagering and Brandywine Bookmaking, in 2011 for an aggregate purchase price of $55 million. These businesses ultimately led William Hill to achieve a leading position in the U.S. sports betting market with a market share of 24% in 2019. Additionally, Mr. Chhabra played a key role in structuring William Hill’s successful joint venture with PlayTech Plc (LSE: PTEC) in 2008. The combined entity created one of the largest online gambling businesses in Europe at the time of its formation and led to William Hill’s buyout of Playtech’s interest for $637 million in 2013. Prior to the transaction, William Hill had struggled in its attempt to establish a strong online gaming platform and a meaningful presence outside the United Kingdom.
Mr. Chhabra has also successfully completed four transactions worth over $1.2 billion in Australia, the world’s second largest regulated online gambling market, and various partnerships in Asia. Additionally, he completed several technology and media related transactions, including William Hill’s investment in NYX, where he worked with Mr. Davey on NYX’s transformational acquisition of OpenBet.
Prior to working in the gaming sector, Mr. Chhabra was an equities analyst and a management consultant. Mr. Chhabra received a Bachelor of Science in Economics from the London School of Economics and Political Science.
Eric Matejevich — Chief Financial Officer
Mr. Matejevich is a seasoned gaming executive with extensive experience in both the online gaming and traditional casino industries. From February to August 2019, he served as Trustee and Interim-Chief Executive Officer of Ocean Casino Resort (“Ocean”) (formerly Revel Casino, which had a construction cost of $2.4 billion) in Atlantic City, where he successfully led the management team through an ownership change and operational turnaround effort. Over the course of seven months, Mr. Matejevich managed to reduce the property’s weekly cash burn of $1.5 million to an annualized cash flow run rate in excess of $20 million.
Prior to Ocean, from 2016 to 2018, Mr. Matejevich served as the Chief Financial Officer of NYX. At NYX, he focused his efforts on integrating the company’s many acquisitions and multiple debt refinancings to simplify its capital structure and provided liquidity for growth initiatives. Additionally, Mr. Matejevich was instrumental to the executive team that sold NYX to Scientific Games for $631 million.
Prior to NYX, from 2004 to 2014, Mr. Matejevich was the Chief Financial Officer of Resorts International Holdings and later, from 2011, also the Chief Operating Officer of the Atlantic Club Casino, a property under the Resorts International Holdings umbrella — a Colony Capital (NYSE: CLNY) entity. As Chief Financial Officer, he provided managerial oversight for all finance functions for a six-property casino company with annual gaming revenue exceeding $1.3 billion, 10,000 gaming positions, 7,000 hotel rooms and over 11,000 staff members during his tenure. Mr. Matejevich led the transition effort to integrate a four-casino, $1.3 billion acquisition from Harrah’s Entertainment and Caesars Entertainment (Nasdaq: CZR). As Chief Operating Officer of Atlantic Club, he lobbied for and was successful in obtaining the first internet gaming legislation passed in the United States. The Atlantic Club was the sole New Jersey casino proponent of the legislation.
Prior to serving in various gaming positions, Mr. Matejevich was a Vice President of High Yield Research for Merrill Lynch, where he managed the corporate bond research effort for the gaming and leisure sectors and marketed high yield and other debt transactions totaling $4.8 billion. Mr. Matejevich received a Bachelor of Science in Economics from The Wharton School and a Bachelor of Arts in International Relations from The College of Arts and Sciences at the University of Pennsylvania.
Our Board of Directors
Morris Bailey — Chairman
Over the past 10 years, Mr. Bailey has been a leader in turning around Atlantic City, as well as being among the first gaming executives to embrace online gaming and sports betting in the United States. In his efforts, Mr. Bailey partnered with two of the largest digital gaming companies in the world, PokerStars, part of the Stars Group, and DraftKings (Nasdaq: DKNG). In 2010, Mr. Bailey bought Resorts Atlantic City (“Resorts”) and initiated a comprehensive renovation which allowed for the property to be rebranded and repositioned. In 2012, Mr. Bailey signed an agreement with Mohegan Sun to manage the day-to-day operations of the casino. In addition to Mohegan Sun’s operational expertise and ability to reduce costs via economies of scale, Resorts gained access to their robust customer database. Soon thereafter, Mr. Bailey and his team focused on bringing online gaming to the property. In 2015, Resorts established a platform to engage in online gaming by partnering with PokerStars, now part of the $24 billion Flutter Entertainment, PLC (LSE: FLTR), to operate an online poker room in Atlantic City. In 2018, Resorts announced deals with DraftKings and SBTech to open a sportsbook on-property and online. For 2020 year-to-date, Resorts has performed in the top quartile in internet gross gaming revenue in New Jersey. Mr. Bailey’s efforts in New Jersey helped set the framework for expansion of online sports and gaming throughout the United States.
In addition to his gaming interests, Mr. Bailey has over 50 years of experience in all facets of real estate development, asset M&A, capital markets and operations and is the founder, Chief Executive Officer and Principal of JEMB Realty, a leading real estate development, investment and management organization. Mr. Bailey has notable investment experience within the energy, finance and telecommunications sectors through investments in the Astoria Energy Plant, Basis Investment Group and Xentris Wireless.
Tony Rodio — Director Nominee
Mr. Rodio has nearly four decades of experience in the gaming industry. Most recently, Mr. Rodio served as the Chief Executive Officer and director of Caesars Entertainment Corporation (“Caesars”) (Nasdaq: CZR), one of the world’s most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company, from April 2019 until its acquisition by Eldorado Resorts, Inc. in July 2020. Mr. Rodio led Caesars through its $17.3 billion merger with Eldorado Resorts, one of the largest transactions in the gaming industry to date. Additionally, Mr. Rodio was instrumental to Caesars’ expansion into the digital gaming industry and oversaw the implementation of new digital segments such as its Scientific Games powered retail sportsbook solution that now operates in various states throughout the U.S. From October 2018 to May 2019, Mr. Rodio served as Chief Executive Officer of Affinity Gaming. Prior to Affinity Gaming, he served as President, Chief Executive Officer and a director of Tropicana Entertainment, Inc. (“Tropicana”) for over seven years, where he was responsible for the operation of eight casino properties in seven different jurisdictions. During his time at Tropicana, Mr. Rodio oversaw a period of unprecedented growth at the company, improving overall financial results with net revenue that increased more than 50% driven by both operational improvements and expansion across regional markets. Mr. Rodio led major capital projects, including the complete renovation of Tropicana Atlantic City and Tropicana’s move to land-based operations in Evansville, Indiana. Each of these initiatives, among others, generated substantial value for Tropicana. Ultimately, Mr. Rodio’s efforts at Tropicana led to its sale to Eldorado Resorts in 2018 for $1.85 billion. Prior to Tropicana, Mr. Rodio held a succession of executive positions in Atlantic City for casino brands, including Trump Marina Hotel Casino, Harrah’s Entertainment (predecessor to Caesars), the Atlantic City Hilton Casino Resort and Penn National Gaming. He has also served as a director of several professional and charitable organizations, including Atlantic City Alliance, United Way of Atlantic County, the Casino Associations of New Jersey and Indiana, AtlantiCare Charitable Foundation and the Lloyd D. Levenson Institute of Gaming Hospitality & Tourism. Mr. Rodio brings extensive knowledge of and experience in the gaming industry, operational expertise, and a demonstrated ability to effectively design and implement company strategy. Mr. Rodio received a Bachelor of Science from Rider University and a Master of Business Administration from Monmouth University.
Marlon Goldstein — Director Nominee
Mr. Goldstein is a licensed attorney with nearly 20 years of experience in the gaming space. He joined The Stars Group (Nasdaq: TSG)(TSX: TSGI) in January 2014 as its Executive Vice-President, Chief Legal Officer and Secretary until his retirement from the company in July 2020 following the merger of TSG with Flutter Entertainment, PLC (LSE: FLTR). Mr. Goldstein also previously served as the Executive Vice-President, Corporate Development and General Counsel of TSG. Mr. Goldstein was also the senior TSG executive based in the United States and was one of the primary architects of TSG’s strategic vision for its U.S.-facing business. During his tenure, TSG grew from an approximately $500 million market-cap company to an approximately $7 billion market-cap company through a combination of organic growth and strategic mergers and acquisitions. Mr. Goldstein participated in numerous M&A transactions and capital markets offerings at TSG, including several transformational transactions in the digital gaming industry. Notable transactions in which Mr. Goldstein was involved include:
• TSG/Flutter Merger: In 2019, TSG merged with Flutter for a $12.2 billion transaction value, the largest transaction in the digital gaming industry to date.
• TSG/Fox Bet Partnership: In 2019, TSG entered into a partnership with FOX Sports to create FOX Bet in the U.S., a leading U.S. online gaming business. Wall Street Research estimates an approximate $1.1 billion valuation for Fox Bet post-partnership with The Stars Group.
• TSG/Sky Betting & Gaming: In 2018, TSG acquired Sky Betting & Gaming, the largest mobile gambling operator in the United Kingdom at the time, for $4.7 billion.
• TSG/CrownBet and William Hill: In 2018, TSG simultaneously acquired CrownBet and William Hill, two Australian operators, for a total of $621 million in a multi-part transaction.
• TSG/PokerStars and Full Tilt Poker: In 2014, TSG acquired The Rational Group, which operated PokerStars and Full Tilt and was the world’s largest poker business, for $4.9 billion.
Through his ability to legally structure large and complex transactions, Mr. Goldstein was integral to TSG’s vision of becoming a full-service online gaming company. Additionally, he assisted in structuring TSG’s capital markets activity, which generated liquidity for acquisitions and strengthened its balance sheet.
Prior to joining TSG, Mr. Goldstein was a principal shareholder in the corporate and securities practice at the international law firm of Greenberg Traurig P.A., where he practiced for almost 13 years. Mr. Goldstein’s practice focused on corporate and securities matters, including mergers and acquisitions, securities offerings, and financing transactions. Additionally, Mr. Goldstein was the founder and co-chair of the firm’s Gaming Practice, a multi-disciplinary team of attorneys representing owners, operators and developers of gaming facilities, manufacturers and suppliers of gaming devices, investment banks and lenders in financing transactions, and Indian tribes in the development and financing of gaming facilities.
Mr. Goldstein brings experience and insight that we believe will be valuable to a potential initial business combination target business. Mr. Goldstein received a Bachelor of Business Administration with a concentration in accounting from Emory University and a Juris Doctorate with highest honors from the University of Florida, College of Law.
Sean Ryan — Director Nominee
Mr. Ryan is a digital media and technology operator with extensive global experience in online payments, e-commerce, marketplaces, mobile ad networks, digital games, enterprise collaboration platforms, blockchain, real money gaming and online music. Since 2014, Mr. Ryan has been serving as Vice President of Business Platform Partnerships at Facebook, Inc. (“Facebook”) (Nasdaq: FB), where he leads a more than 500 person global organization that manages the Payments, Commerce, Novi/Blockhain, Workplace and Audience Network businesses. Prior to his current role, Mr. Ryan was hired in 2011 as the Director of Games Partnerships to lead and grow the global Games business at Facebook. While the Director of Games Partnerships, Mr. Ryan focused on re-shaping Facebook’s games and monetization strategies to derive more value for Facebook, its users and its partners, including the addition of a Real Money Gaming offering in regulated markets. Mr. Ryan’s team helped accelerate a major trend in engagement through cross-platform games and therefore the opportunity to increase users through establishing games on multiple platforms. Prior to joining Facebook, Mr. Ryan created the new social and mobile games division at News Corp, an American multinational mass media corporation controlled by Rupert Murdoch. While at News Corp, Mr. Ryan led the acquisition of Making Fun, a San Francisco social-game start-up, that created News Corp’s games publishing division.
Before joining News Corp., Mr. Ryan founded multiple digital businesses such as Twofish, Meez, Open Wager and SingShot Media. Mr. Ryan co-founded Twofish in 2009, a virtual goods and services platform that provided developers with data analytics and insights for individual application’s digital economies. Twofish was later sold to online payments provider Live Gamer, where Mr. Ryan served on the board of directors. From 2005 to 2008, Mr. Ryan founded and led Meez.com, a social entertainment service combining avatars, web games and virtual worlds. The white label social casino gaming company Open Wager was spun out of Meez and was later sold to VGW Holdings, Mr. Ryan also co-founded SingShot Media, an online karaoke community, which was sold to Electronic Arts (Nasdaq: EA) and merged into its Sims division.
We believe Mr. Ryan’s experience will be valuable to a potential initial business combination target and would provide an expanded perspective on the digital gaming landscape. Mr. Ryan received a Bachelor of Arts from Columbia University and a Master of Business Administration from the University of California, Los Angeles.
Tom Roche — Director Nominee
Mr. Roche has more than 40 years of experience in the gaming industry as a regulator, advisor and independent auditor. Mr. Roche joined Ernst & Young (“EY”) as a partner in 2003 and opened its Las Vegas office. He was subsequently appointed as the Office Managing Partner and Global Gaming Industry Market Leader. In 2016, Mr. Roche relocated to the EY Hong Kong office to supervise the expansion of the EY Global Gaming Industry practice in the Asia Pacific region. Mr. Roche has been integral to numerous transactions that have shaped the current gaming landscape, including:
• Wynn Resorts (Nasdaq: WYNN) initial public offering: Mr. Roche was the lead partner on Wynn Resort’s initial public offering, which raised $450 million in 2002.
• Harrah’s Entertainment/Apollo Management Group & Texas Pacific Group: Mr. Roche headed the regulatory advisory services on the buyout of Harrah’s Entertainment, the world’s largest casino company at the time, for $17.1 billion.
• Dubai World/MGM Resorts: Mr. Roche headed the regulatory and due diligence advisory services to Dubai World in its approximately $5.1 billion investment in MGM. Dubai World bought 28.4 million MGM shares, or 9.5 percent of the casino operator, for $2.4 billion. It then invested $2.7 billion to acquire a 50% stake in MGM’s CityCenter Project, a $7.4 billion 76-acre Las Vegas development of hotels, condos and retail outlets.
• MGM Growth Properties (NYSE: MGP) initial public offering: Mr. Roche provided tax and structural transaction services to MGM Resorts in the creation of MGM Growth Properties, a publicly traded REIT engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts. MGM Growth Properties raised $1.05 billion in its 2016 initial public offering.
Mr. Roche also directed EY advisory services to boards and management teams for profit improvement and technology related initiatives. In addition, Mr. Roche provided advisory support to the American Gaming Association on several research projects, including those specifically related to sports betting, the revocation of The Professional and Amateur Sports Protection Act of 1992 (PASPA) and anti-money laundering best practices in the gaming industry. Equally, he has assisted government agencies in numerous international locations with enhancing their regulatory approach to governing the industry especially in the online gambling sector.
Prior to joining Ernst & Young, Mr. Roche served as Deloitte’s National Gaming Industry Leader and as the co-head of Andersen’s Gaming Industry Practice in Las Vegas. In 1989, Mr. Roche was appointed by then Governor of the State of Nevada, Robert Miller, to serve as one of three members of the Nevada State Gaming Control Board for a four-year term, where he was directly responsible for the Audit and New Games Lab Divisions. As a board member, he spent a substantial amount of time assisting global jurisdiction regulators enact gaming legislation in the design of their regulatory structure. During his career, Roche has been involved in numerous public and private offerings of equity and debt securities. His background includes providing casino regulatory consulting services to casino licensees and to federal and state agencies including the National Indian Gaming Commission and the Nevada State Gaming Control Board, and industry associations such as the Nevada Resort Association and the American Gaming Association.
We believe Mr. Roche’s highly regarded reputation as a gaming auditor and advisor in the gaming industry will be valuable for us and a potential business combination target. Mr. Roche is a member of the American Institute of Certified Public Accountants and is licensed by the Nevada State Board of Accountancy and Mississippi State Board of Public Accountancy. He received his Bachelor of Science degree in Accounting from the University of Southern California.

ANALYSIS/OPINION:
A smart friend of mine who is a moderate liberal asked why I was not recognizing Joe Biden’s victory.
The friend made the case that Mr. Biden had gotten more votes, and historically we recognize the person with the most votes. Normally, we accept the outcome of elections just as we accept the outcomes of sporting events.
So, my friend asked why was 2020 different?
Having spent more than four years watching the left #Resist President Donald Trump and focus entirely on undoing and undermining the 2016 election, it took me several days to understand the depth of my own feelings.
As I thought about it, I realized my anger and fear were not narrowly focused on votes. My unwillingness to relax and accept that the election grew out of a level of outrage and alienation unlike anything I had experienced in more than 60 years involvement in public affairs.
The challenge is that I — and other conservatives — are not disagreeing with the left within a commonly understood world. We live in alternative worlds.
The left’s world is mostly the established world of the forces who have been dominant for most of my life.
My world is the populist rebellion which believes we are being destroyed, our liberties are being cancelled and our religions are under assault. (Note the new Human Rights Campaign to decertify any religious school which does not accept secular sexual values — and that many Democrat governors have kept casinos open while closing churches though the COVID-19 pandemic.) We also believe other Democrat-led COVID-19 policies have enriched the wealthy while crushing middle class small business owners (some 160,000 restaurants may close).
In this context, let’s talk first about the recent past and the presidency.
In 2016, I supported an outsider candidate, who was rough around the edges and in the Andrew Jackson school of controversial assaults on the old order. When my candidate won, it was blamed on the Russians. We now know (four years later) Hillary Clinton’s own team financed the total lie that fueled this attack.
Members of the FBI twice engaged in criminal acts to help it along — once in avoiding prosecution of someone who had deleted 33,000 emails and had a subordinate use a hammer to physically destroy hard drives, and a second time by lying to FISA judges to destroy Gen. Michael Flynn and spy on then-candidate Donald Trump and his team. The national liberal media aided and abetted every step of the way. All this was purely an attempt to cripple the new president and lead to the appointment of a special counsel — who ultimately produced nothing.
Now, people in my world are told it is time to stop resisting and cooperate with the new president. But we remember that the Democrats wanted to cooperate with Mr. Trump so much that they began talking about his impeachment before he even took office. The Washington Post ran a story on Democrat impeachment plots the day of the inauguration.
In fact, nearly 70 Democratic lawmakers boycotted his inauguration. A massive left-wing demonstration was staged in Washington the day after, where Madonna announced she dreamed of blowing up the White House to widespread applause. These same forces want me to cooperate with their new president. I find myself adopting the Nancy Pelosi model of constant resistance. Nothing I have seen from Mr. Biden since the election offers me any hope that he will reach out to the more than 74 million Americans who voted for President Trump.
So, I am not reacting to the votes so much as to the whole election environment.
When Twitter and Facebook censored the oldest and fourth largest newspaper (founded by Alexander Hamilton) because it accurately reported news that could hurt Mr. Biden’s chances — where were The New York Times and The Washington Post?
The truth of the Hunter Biden story is now becoming impossible to avoid or conceal. The family of the Democrat nominee for president received at least $5 million from an entity controlled by our greatest adversary. It was a blatant payoff, and most Americans who voted for Mr. Biden never heard of it — or were told before the election it was Russian disinformation. Once they did hear of it, 17% said they would have switched their votes, according to a poll by the Media Research Center. That’s the entire election. The censorship worked exactly as intended.
Typically, newspapers and media outlets band together when press freedom is threatened by censorship. Where was the sanctimonious “democracy dies in darkness?” Tragically, The Washington Post is now part of the darkness.
But this is just a start. When Twitter censors four of five Rush Limbaugh tweets in one day, I fear for the country.
When these monolithic Internet giants censor the president of the United States, I fear for the country.
When I see elite billionaires like Mark Zuckerburg are able to spend $400 million to hire city governments to maximize turnout in specifically Democratic districts — without any regard to election spending laws or good governance standards — I fear for the country.
When I read that Apple has a firm rule of never irritating China — and I watch the NBA kowtow to Beijing, I fear for our country.
When I watch story after story about election fraud being spiked — without even the appearance of journalistic due diligence or curiosity — I know something is sick.
The election process itself was the final straw in creating the crisis of confidence which is accelerating and deepening for many millions of Americans.
Aside from a constant stream of allegations of outright fraud, there are some specific outrages — any one of which was likely enough to swing the entire election.
Officials in virtually every swing state broke their states’ own laws to send out millions of ballots or ballot applications to every registered voter. It was all clearly documented in the Texas lawsuit, which was declined by the U.S. Supreme Court based on Texas’ procedural standing — not the merits of the case. That’s the election.
In addition, it’s clear that virtually every swing state essentially suspended normal requirements for verifying absentee ballots. Rejection rates were an order of magnitude lower than in a normal year. In Georgia, rejection rates dropped from 6.5% in 2016 to 0.2% in 2020. In Pennsylvania, it went from 1% in 2016 to .003% in 2020. Nevada fell from 1.6% to .75%. There is no plausible explanation other than that they were counting a huge number of ballots — disproportionately for Mr. Biden — that normally would not have passed muster. That’s the election.
The entire elite liberal media lied about the timeline of the COVID-19 vaccine. They blamed President Trump for the global pandemic even as he did literally everything top scientists instructed. In multiple debates, the moderators outright stated that he was lying about the U.S. having a vaccine before the end of the year (note Vice President Mike Pence received it this week). If Americans had known the pandemic was almost over, that too was likely the difference in the election.
The unanimously never-Trump debate commission spiked the second debate at a critical time in order to hurt President Trump. If there had been one more debate like the final one, it likely would have been pivotal.
This is just the beginning. But any one of those things alone is enough for Trump supporters to think we have been robbed by a ruthless establishment — which is likely to only get more corrupt and aggressive if it gets away with these blatant acts.
For more than four years, the entire establishment mobilized against the elected president of the United States as though they were an immune system trying to kill a virus. Now, they are telling us we are undermining democracy.
You have more than 74 million voters who supported President Trump despite everything — and given the election mess, the number could easily be significantly higher. The truth is tens of millions of Americans are deeply alienated and angry.
If Mr. Biden governs from the left — and he will almost certainly be forced to — that number will grow rapidly, and we will win a massive election in 2022.
Given this environment, I have no interest in legitimizing the father of a son who Chinese Communist Party members boast about buying. Nor do I have any interest in pretending that the current result is legitimate or honorable. It is simply the final stroke of a four-year establishment-media power grab. It has been perpetrated by people who have broken the law, cheated the country of information, and smeared those of us who believe in America over China, history over revisionism, and the liberal ideal of free expression over cancel culture.
I write this in genuine sorrow, because I think we are headed toward a serious, bitter struggle in America. This extraordinary, coordinated four-year power grab threatens the fabric of our country and the freedom of every American. - Newt Gingrich

Source: https://www.washingtontimes.com/news/2020/dec/21/why-i-will-not-accept-joe-biden-as-president/

Both of my parents gladly voted for trump both times. They're conservative evangelical christians worried about taxes. Nothing special but their religous inclinations make them prime candidates for any conspiracy really though.
Got this little diddy from my father at 6 am.
Below written by Newt Gingrich A smart friend of mine who is a moderate liberal asked why I was not recognizing Joe Biden’s victory. The friend made the case that Mr. Biden had gotten more votes, and historically we recognize the person with the most votes. Normally, we accept the outcome of elections just as we accept the outcomes of sporting events. So, my friend asked why was 2020 different? Having spent more than four years watching the left “resist” President Donald Trump and focus entirely on undoing and undermining the 2016 election, it took me several days to understand the depth of my own feelings. As I thought about it, I realized my anger and fear were not narrowly focused on votes. My unwillingness to relax and accept that the election grew out of a level of outrage and alienation unlike anything I had experienced in more than 60 years involvement in public affairs. The challenge is that I — and other conservatives — are not disagreeing with the left within a commonly understood world. We live in alternative worlds. The left’s world is mostly the established world of the forces who have been dominant for most of my life. My world is the populist rebellion which believes we are being destroyed, our liberties are being cancelled and our religions are under assault. (Note the new Human Rights Campaign to decertify any religious school which does not accept secular sexual values — and that many Democrat governors have kept casinos open while closing churches though the COVID-19 pandemic.) We also believe other Democrat-led COVID-19 policies have enriched the wealthy while crushing middle class small business owners (some 160,000 restaurants may close). In this context, let’s talk first about the recent past and the presidency: In 2016, I supported an outsider candidate, who was rough around the edges and in the Andrew Jackson school of controversial assaults on the old order. When my candidate won, it was blamed on the Russians. We now know (four years later) Hillary Clinton’s own team financed the total lie that fueled this attack. Members of the FBI twice engaged in criminal acts to help it along — once in avoiding prosecution of someone who had deleted 33,000 emails and had a subordinate use a hammer to physically destroy hard drives, and a second time by lying to FISA judges to destroy Gen. Michael Flynn and spy on then-candidate Donald Trump and his team. The national liberal media aided and abetted every step of the way. All this was purely an attempt to cripple the new president and lead to the appointment of a special counsel — who ultimately produced nothing. Now, people in my world are told it is time to stop resisting and cooperate with the new president. But we remember that the Democrats wanted to cooperate with Mr. Trump so much that they began talking about his impeachment before he even took office. The Washington Post ran a story on Democrat impeachment plots the day of the inauguration. In fact, nearly 70 Democratic lawmakers boycotted his inauguration. A massive left-wing demonstration was staged in Washington the day after, where Madonna announced she dreamed of blowing up the White House to widespread applause. These same forces want me to cooperate with their new president. I find myself adopting the Nancy Pelosi model of constant resistance. Nothing I have seen from Mr. Biden since the election offers me any hope that he will reach out to the more than 74 million Americans who voted for President Trump. So, I am not reacting to the votes so much as to the whole election environment. When Twitter and Facebook censored the oldest and fourth largest newspaper (founded by Alexander Hamilton) because it accurately reported news that could hurt Mr. Biden’s chances — where were The New York Times and The Washington Post? The truth of the Hunter Biden story is now becoming impossible to avoid or conceal. The family of the Democrat nominee for president received at least $5 million from an entity controlled by our greatest adversary. It was a blatant payoff, and most Americans who voted for Mr. Biden never heard of it — or were told before the election it was Russian disinformation. Once they did hear of it, 17% said they would have switched their votes, according to a poll by the Media Research Center. That’s the entire election. The censorship worked exactly as intended. Typically, newspapers and media outlets band together when press freedom is threatened by censorship. Where was the sanctimonious “democracy dies in darkness?” Tragically, The Washington Post is now part of the darkness. But this is just a start. When Twitter censors four of five Rush Limbaugh tweets in one day, I fear for the country. When these monolithic Internet giants censor the President of the United States, I fear for the country. When I see elite billionaires like Mark Zuckerburg are able to spend $400 million to hire city governments to maximize turnout in specifically Democratic districts — without any regard to election spending laws or good governance standards — I fear for the country. When I read that Apple has a firm rule of never irritating China — and I watch the NBA kowtow to Beijing, I fear for our country. When I watch story after story about election fraud being spiked — without even the appearance of journalistic due diligence or curiosity — I know something is sick. The election process itself was the final straw in creating the crisis of confidence which is accelerating and deepening for many millions of Americans. Aside from a constant stream of allegations of outright fraud, there are some specific outrages — any one of which was likely enough to swing the entire election. Officials in virtually every swing state broke their states’ own laws to send out millions of ballots or ballot applications to every registered voter. It was all clearly documented in the Texas lawsuit, which was declined by the U.S. Supreme Court based on Texas’ procedural standing — not the merits of the case. That’s the election. In addition, it’s clear that virtually every swing state essentially suspended normal requirements for verifying absentee ballots. Rejection rates were an order of magnitude lower than in a normal year. In Georgia, rejection rates dropped from 6.5% in 2016 to 0.2% in 2020. In Pennsylvania, it went from 1% in 2016 to .003% in 2020. Nevada fell from 1.6% to .75%. There is no plausible explanation other than that they were counting a huge number of ballots — disproportionately for Mr. Biden — that normally would not have passed muster. That’s the election. The entire elite liberal media lied about the timeline of the COVID-19 vaccine. They blamed President Trump for the global pandemic even as he did literally everything top scientists instructed. In multiple debates, the moderators outright stated that he was lying about the U.S. having a vaccine before the end of the year (note Vice President Mike Pence received it this week). If Americans had known the pandemic was almost over, that too was likely the difference in the election. The unanimously never-Trump debate commission spiked the second debate at a critical time in order to hurt President Trump. If there had been one more debate like the final one, it likely would have been pivotal. This is just the beginning. But any one of those things alone is enough for Trump supporters to think we have been robbed by a ruthless establishment — which is likely to only get more corrupt and aggressive if it gets away with these blatant acts. For more than four years, the entire establishment mobilized against the elected president of the United States as though they were an immune system trying to kill a virus. Now, they are telling us we are undermining democracy. You have more than 74 million voters who supported President Trump despite everything — and given the election mess, the number could easily be significantly higher. The truth is tens of millions of Americans are deeply alienated and angry. If Mr. Biden governs from the left — and he will almost certainly be forced to — that number will grow rapidly, and we will win a massive election in 2022. Given this environment, I have no interest in legitimizing the father of a son who Chinese Communist Party members boast about buying. Nor do I have any interest in pretending that the current result is legitimate or honorable. It is simply the final stroke of a four-year establishment-media power grab. It has been perpetrated by people who have broken the law, cheated the country of information, and smeared those of us who believe in America over China, history over revisionism, and the liberal ideal of free expression over cancel culture. I write this in genuine sorrow, because I think we are headed toward a serious, bitter struggle in America. This extraordinary, coordinated four-year power grab threatens the fabric of our country.