This seems to be a very common misconception that just won’t die. I keep running into it in blog posts, Twitter discussions, and even books.

Since companies even in orange and green zones require components from red zones, the economic disruption has remained, and will remain, massive. The virus is still spreading fast, so economist Neelkanth Mishra estimates that red zones will expand from 130 districts to 181. The answer can’t be to keep shutting down more and more districts.

A storytelling session for kids about nature

Traders in Delhi worried about return of workforce | Delhi News - Times of India

Marwar Chamber of Commerce and Industry has urged the district administration to allow businessmen and traders having shops in areas under curfew to visit their establishments and take stock of the condition of material and goods.

A video on India's massive repatriation operation to bring back stranded Indians from different parts of the world in the wake of the coronavirus crisis

Compasses at Greenwich Are About to Do Something Not Observed in Over 300 Years  ScienceAlert

To celebrate a cool Halloween creature--bats--we teamed up with the Smithsonian’s Kristofer Helgen, curator of mammals at the National Museum of Natural History. Here, he answers three commonly asked questions about these winged mammals.

The post Smithsonian bat expert Kristofer Helgen answers common questions about bats appeared first on Smithsonian Insider.

The National Zoo has received a breeding pair of Asian small-clawed otters at Asia Trail for the first time. Mac, a three-year-old male from the Point Defiance Zoo in Tacoma, Wash., and Smidge, a five-year-old female from the Columbus Zoo in Ohio, arrived in April and are now in their exhibit.

The post Keepers are optimistic about Zoo’s new breeding pair of Asian small-clawed otters appeared first on Smithsonian Insider.

A specimen recently pulled from deep in the southwest Atlantic may represent a new species of squid, say scientist who have studied the animal’s unusual morphology. But then again, it may not…

The post As they grow some squid change dramatically, making scientists cautious about naming new species appeared first on Smithsonian Insider.

There is little doubt that human activity is affecting planet Earth, but just how much? And is it all negative? Rick Potts is the director […]

The post Smithsonian anthropologist Rick Potts answers questions about the Anthropocene appeared first on Smithsonian Insider.

Giant pandas. Grizzlies. Polar bears. You’ve probably heard a lot about these bear species, but what about Andean bears? To the Quechua and Aymara, the […]

The post 6 Things You Probably Didn’t Know About Andean Bears appeared first on Smithsonian Insider.

A social media celebrity was born last week when the bright lights and camera of NOAA’s remotely operated vehicle Deep Discoverer zoomed in on a […]

The post Ghost octopod shows how little we know about deep-sea life appeared first on Smithsonian Insider.

Space: the final frontier. These are the voyages of the Starship Enterprise…and you know the rest, probably even if you’re not a huge fan of […]

The post Five things only a conservator would know about the USS Enterprise appeared first on Smithsonian Insider.

A selection of fascinating facts about fishes from the new book "Fishes: The Animal Answer Guide"

The post Five funky and 5 fun facts about fishes appeared first on Smithsonian Insider.

Richard Wunderman is managing editor of the Bulletin of the Global Volcanism Network and a geologist in the Division of Mineral Sciences at the Smithsonian’s […]

The post Q&A: Smithsonian volcanologist Richard Wunderman answers questions about the Aug. 23, East Coast earthquake appeared first on Smithsonian Insider.

Rick Wunderman of the Global Volcanism Program at the Smithsonian's National Museum of Natural History talks about the current volcanic activity in Iceland.

The post Smithsonian volcanologist Rick Wunderman talks about volcanos and the recent eruptions in Iceland appeared first on Smithsonian Insider.

Keeper Tracey Barnes talks about Billie Jean, an Andean bear, and her two new cubs at the Smithsonian's National Zoo.

The post Keeper Tracey Barnes talks about the National Zoo’s Andean bear, Billie Jean, and her two new cubs appeared first on Smithsonian Insider.

Dr. Mary Hagedorn, a marine biologist at the Smithsonian Institution, talks about her research to understand and conserve our oceans' corals. To meet more scientists, visit https://insider.si.edu.

The post Coral biologist Mary Hagedorn speaks about her research to conserve our ocean’s corals appeared first on Smithsonian Insider.

Here come the stinkbugs...With the cooler temperatures of fall the brown marmorated stinkbug begins a determined quest to find a warm place to spend the winter. Crowding around window screens and searching for other ways to get inside, homeowners in the United States will share their indoor living space this winter with millions of brown marmorated stinkbugs. In this video Gary Hevel, an entomolgist at the Smithsonian's National Museum of Natural History, shares some information about these interesting creatures, as well as some advice about how to deal with those that inevitably gain entry to your home.

The post Smithsonian entomologist Gary Hevel gives information and advice about stinkbugs in your home appeared first on Smithsonian Insider.

The post Learn about the National Zoo’s flamingo flock with keeper Sara Hallager appeared first on Smithsonian Insider.

Which is more important for a career as a scientist, good grades in math or a strong sense of adventure? Hear what Smithsonian geologist Liz Cottrell has to say as she recounts her own school years and the steps that led to a career she can't imagine ever giving up.

The post Smithsonian geologist Liz Cottrell talks about what it takes to be a scientist. appeared first on Smithsonian Insider.

"I'm getting paid to do what I like doing," says entomologist David Roubik. He loved nature and being outdoors when he was a kid, and now he does fieldwork in the tropical forests of Panama. He loves to travel, and his research takes him around the world. Can his work, then, be called a job?

The post Tropical Research Institute entomologist David Roubik talks about his life as a scientist based in Panama appeared first on Smithsonian Insider.

The post Learn about the ash that comes from volcanoes with Dr. Liz Cottrell, a geologist from the National Museum of Natural History appeared first on Smithsonian Insider.

The post Smithsonian anthropologist JoAllyn Archambault speaks about the outstanding research of 19th-century anthropologist James Mooney appeared first on Smithsonian Insider.

William Fitzhugh - Edward Nelson's 1877-1881 Western Alaskan Expedition

The post Smithsonian anthropologist William Fitzhugh speaks about Edward Nelson’s 1877-1881 Western Alaskan Expedition appeared first on Smithsonian Insider.

Watch this video before the solar eclipse on August 21, 2017!

The post 7 Facts About Solar Eclipses appeared first on Smithsonian Insider.

“Dunkirk” director, Christopher Nolan, talks to National Air and Space Museu curator, Jeremy Kinney, about one of the movie’s stars, the Spitfire. The movie is based […]

The post “Dunkirk” director talks about the Spitfire appeared first on Smithsonian Insider.

“Parallax Gap” transforms the Renwick Gallery’s Bettie Rubenstein Grand Salon into a visual puzzle. This immersive, site-specific installation explores examples of interplay between craft and […]

The post About the Renwick’s “Parallax Gap” appeared first on Smithsonian Insider.

Can a tendency to get distracted lead to a career in science? It did for paleoecologist Conrad Labandeira. Working on his family's farm, he would find himself falling into a study of insect life in the fields. "If you go after what interests you," he says, "the rest will always fall into place."

The post Smithsonian paleoecologist Conrad Labandeira talks about how he became a scientist and why he loves his work appeared first on Smithsonian Insider.

Why do we love orchids so much? Tom Mirenda, Smithsonian Gardens orchid collection specialist, believes it is partly because orchids seem to look back at […]

The post 5 Crazy Things You Didn’t Know About Orchids appeared first on Smithsonian Insider.

(The Paypers) A new survey suggests the majority of Canadians remain worried about the security of their personal information online.

Source: Knox Henderson for Streetwise Reports   05/07/2020

A quick update since FansUnite Entertainment Inc. (FANS:CSE) went live on Tuesday, May 5, because big things are happening in the industry, thus showing there is an enormous appetite for this kind of technology especially now, as we (very slowly) emerge out of this COVID pandemic.

On the sports front, Germany announced that its Bundesliga soccer will resume games in May, yet with tight restrictions and no fans. This is followed by the Turkish soccer league, which plans to resume playing on June 12. The Ultimate Fighting Championship (UFC), with a huge draw to the masses—the UFC 246 prelims averaged 1.767 million viewers on ESPN—will return at VyStar Veterans Memorial Arena in Jacksonville, Fla., on May 9, again featuring no live fans. So as more sports emerge in our "new reality," where will those fans be? Online, of course! In a fanless sports environment we're going to see a lot of online engagement no matter what sport or activity that may be. That's going to spawn even more online attention, which will likely hold firm even after we emerge from our home quarantine.

The industry is rapidly consolidating. On Tuesday we alluded to The Stars Group Inc. (formerly Amaya), which, according to Bloomberg, "saw record revenue in its first quarter as COVID-19 led to an increase in online activity starting in March. Indeed TSGI.T has had a great run from $18 mid-March to a high of $40 on May 1 after it confirmed shareholder approval of a friendly takeover by UK based Flutter Entertainment plc. (LSE:FLTR.L - News). The two create a £10 billion (US$12 billion) giant, according to Racing Post, and combine for more than 13 million customers, US$4.6 billion in revenue and US$1.7 billion in EBITDA.

Investors are getting on board

In our previous note we referred to DraftKings (NASDAQ:DKNG), which launched as recently as April 23, in the thick of this stay-at-home pandemic. After completing a merger with Diamond Eagle, a special purpose acquisition company, and back-end technology provider SBTech, its stock soared. DraftKings' stock jumped 14% in its first day of trading before closing up 10.38% at $19.35. The company was also able to add another half a billion dollars on the balance sheet at a time when it's not easy to raise money. That company currently has a $17 billion market capitalization.

Meanwhile there's been a noticeable correlation of trading activity in the industry from mid-March to the end of April:

• Prior to the merger with Canadian The Stars Group, Dublin, Ireland-based Flutter, trading as OTC:PDYPY in the U.S., had a good run of its own. Since mid-March it doubled from $31 to $64 by the end of April, despite any global sport-killing pandemic.

• UK-based GVC Holdings PLC (LSE:GVC) gained 23% in the last month, from $611 to $750, reaching a US$4.3 billion market capitalization.

• After falling from February highs of $30, Scientific Games (NASDAQ:SGMS) more than tripled from a $4 low mid-march to $13 by the end of April to again reach a $1 billion market valuation.

• Penn National Gaming (NASDAQ:PENN), now at a US$1.8 billion market capitalization, has a chart that mirrors SGMS. After February highs of $38, PENN rebounded through the COVID crisis. It also more than tripled from a low of $4.50 mid-March to a $17.80 high by the end of April.

• Score Media and Gaming (SCR.V,) with a market capitalization of $185 million, during that same period, ran from $0.32 to $0.42 mid-march to April 29, gaining 31%

• (are you starting to a pattern here?)

On the regulatory front, Colorado, became the next state to legalize sports bargaining following New Jersey, Nevada, Delaware and Pennsylvania. The state is poised to generate $6 billion in annual wagers and an estimated $400 million in revenue once the industry matures, according to Dustin Gouker, chief analyst for PlayColorado.com. According to the Denver Post, Colorado fans will have their pick of 17 digital sportsbooks currently licensed to operate in the state.

FansUnite Is at a Small-Cap Entry Point with Tremendous Upside.

It is in this environment that FansUnite launched on the Canadian Securities Exchange on May 5. "We are just getting started," said CEO Darius Eghdami. "We've bought a great asset in McBookie and will be continuing to focus on M&A." McBookie, the company's first acquisition, is a white-label sportsbook in the UK, focusing on the Scottish market. It offers 200,000 members active in sports and virtual games, and boasts over $100 million turnover cumulatively the last three years. "We want to be active in finding that next 'McBookie' operating in a niche market, looking at Esports assets and also creative ways to get into the U.S. market. "

After a financing at $0.35, the now-trading company rests slightly above that as a relatively new and unknown entity—so far—which is why now is great opportunity participate in a smaller scale, yet leveraged, consolidation play. "We have a great opportunity to use our stock as currency, and then grow and scale companies through our team and resources," says Eghdami.

"We also have great investors and support, a very experienced board and management team and a clear vision of how we want to be that next gaming giant. The path has been shown by other Canadian gaming companies such as Amaya, and we want to follow that path and execute on our vision."

It's an ambitious plan: a CA$25 million market-cap company, $2 million in the bank, with a consolidation plan to attack a $1 trillion online industry. Yet FansUnite comes out of the gate with strong financial backing led by board member Shafin Diamond, CEO of Victory Square since 2015, a venture builder that builds start-ups in web, mobile, gaming, AI and AR/VR. Diamond has launched 40 start-ups in 24 countries, employed more than 350 people, and has generated over $100 million in annual revenues.

Eghdami says the immediate plan is to strengthen its UK presence with McBookie and focus on M&A activity, while continuing to develop its software platform.

The games are just beginning.

Knox Henderson is a journalist and capital markets communications consultant. He has advised for a broad range of small cap companies in the resource, life sciences and technology sectors for more than 25 years.

Disclosure:
1) 1) Knox Henderson: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: None. I personally am, or members of my immediate household or family are, paid by the following companies mentioned in this article: FansUnite Entertainment Inc. My company has a financial relationship with the following companies mentioned in this article: None. I determined which companies would be included in this article based on my research and understanding of the sector.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with FansUnite. Please click here for more information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
4) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of FansUnite, a company mentioned in this article.

( Companies Mentioned: FANS:CSE, )

Many public school students receive little or no exposure to the theory of evolution, the most important concept in understanding biology, says a new guidebook from the National Academy of Sciences (NAS).

Although there is evidence of harmful health and ecological effects associated with exposure to high doses of chemicals known as hormonally active agents – or endocrine disrupters – little is understood about the harm posed by exposure to the substances at low concentrations, such as those that typically exist in the environment, says a new report from a National Research Council committee.

Insufficient data on service members exposures to emissions from open-air burn pits for trash on military bases in Iraq and Afghanistan is one of the reasons why it is not possible to say whether these emissions could cause long-term health effects, says a new report from the Institute of Medicine.

A new report from the National Academies of Sciences, Engineering, and Medicine offers a framework to guide federal, tribal, state and local agencies, community groups, and other interested and affected parties in making decisions about the Spirit Lake and Toutle River system, near Mount St. Helens in southwest Washington state.

A new report from the National Academies of Sciences, Engineering, and Medicine says that enhancements to the geodetic infrastructure are needed to answer important questions about sea level rise, water resources, geological hazards, and more over the next decade.