MGT And Vivid Celebrate The Launch Of Daily Fantasy Sports Site VividBetSports.com With Party At Vivid Cabaret NYC On Saturday, January 31st
PR Newswire - Wed Jan 28, 5:42PM CST
MGT Capital Investments, Inc. (NYSE MKT: MGT) and Vivid Entertainment, are pleased to announce the launch of VividBetSports.com. To celebrate, Vivid and MGT will hold a party hosted by adult superstar and Vivid Radio personality, Ash Hollywood, who will also perform. The party will be held Saturday, January 31st starting at 9:00 pm, at Vivid Cabaret NYC, the premier gentlemen's club, 61 West 37th Street in Midtown Manhattan.
MGT: 0.53 (+0.04)
MGT Capital Provides Update of Patent Litigation Against Aruze Gaming USA
PR Newswire - Tue Jan 13, 8:00AM CST
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced that the Company was notified that the USPTO denied a third party request for an Ex Parte Reexamination of U. S. Patent No. 7,892,088. Claims 1-3, and 6 of the patent were reviewed along with prior art, and determined that no substantial new questions of patentability exist. Further, the evidence and explanation provided by the petitioner did not support ordering a request for reexamination, and the request was denied. The decision is final and cannot be appealed.
MGT: 0.53 (+0.04)
MGT Capital to Present at the 11th Annual Noble Financial Capital Markets Equity Conference January 20, 2015
PR Newswire - Thu Jan 08, 8:48AM CST
MGT Capital Investments, Inc. (NYSE MKT: MGT) is pleased to announce that it will present at the Noble Financial Capital Markets Eleventh Annual Equity Conference held in Sandpiper Bay, Florida on Tuesday, January 20, 2015 at 1:30 p.m. EST.
MGT: 0.53 (+0.04)
MGT and Vivid Entertainment Team Up to Introduce Daily Fantasy Sports Site
PR Newswire - Tue Dec 30, 7:45AM CST
MGT Capital Investments, Inc. (NYSE MKT: MGT) is pleased to announce an exclusive partnership agreement between MGT Sports, owner of the 3rd largest daily fantasy sports wagering platform, DraftDay.com, and the leading adult entertainment company, Vivid Entertainment, LLC. The new partnership will develop and market a fantasy sports gaming site which will be available online at VividBetSports.com.
MGT: 0.53 (+0.04)
MGT Featured in Article on the Rapidly Growing Daily Fantasy Sports Industry
PR Newswire - Tue Dec 23, 8:00AM CST
Robert Traversa, Chief Financial Officer of MGT Capital Investments, Inc. (NYSE MKT: MGT), was interviewed by Opportunist Magazine regarding MGT's strategic position in the burgeoning daily fantasy sports sector. As the operator of the 3rd largest fantasy sports gaming platform (based on player activity and funds, contest sizes, and similar metrics), and the only publicly traded entity on a listed exchange, Traversa believes that MGT represents the best opportunity for investors to invest in this industry as it rapidly expands. In the article, Traversa states, "The fact that the two players above us are valued in the hundreds of millions while our market cap is just over $6.0 million is one of the most compelling parts of our story."
MGT: 0.53 (+0.04)
MGT Launches Fantasy Sports Platform on Facebook
PR Newswire - Wed Dec 17, 7:45AM CST
MGT Capital Investments, Inc. (NYSE: MGT ) is pleased to announce the official launch of Daily Fantasy Legend, a Facebook-based fantasy sports game where players create teams of athletes from the rosters of major professional sports, and then compete in tournaments on a daily basis. Daily fantasy sports for cash prizes is a rapidly growing online gaming experience, more than doubling in size between Q4 2013 and Q4 2014 according to published reports by industry leaders. Daily Fantasy Legend seeks to further capitalize on this popularity by reaching a vast new audience with proven monetization ideas.
MGT: 0.53 (+0.04)
FanWars.com Enters Multi-year Shared Liquidity Deal With MGT Sports (DraftDay.com)
M2 - Thu Nov 20, 4:26AM CST
Fantasy sports may be the pastime of millions, but MGT Capital Investments, Inc. (NYSE MKT: MGT) and Fanwars LLC inked a marketing deal that means real money in the multi-billion dollar industry.
MGT: 0.53 (+0.04)
MGT Sports and FanWars.com Team Up To Make Their Players Win
PR Newswire - Wed Nov 19, 7:45AM CST
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has entered into a revenue sharing agreement with Las Vegas based FanWars LLC. Under the agreement, MGT Sports will provide the technology infrastructure for FanWars.com to offer daily fantasy sports tournaments to its current and future user base.
MGT: 0.53 (+0.04)
Small Cap IR Issues Analyst Brief Following 3rd Quarter Results
PR Newswire - Wed Nov 19, 6:00AM CST
Analyst Brief by Small Cap IR - MGT Capital Investment Inc. (NYSE MKT: MGT) announced today the reporting of financial results and operational developments for the fiscal third quarter ended September 30, 2014. MGT reported a 600% growth of revenue, with majority being generated by its fantasy sports platform DraftDay.com. MGT also reported significant reductions in operating costs achieved by lowering stock-based compensation, professional fees and corporate governance related costs.
MGT: 0.53 (+0.04)
MGT Capital Investments EPS of -$0.14
Seeking Alpha - at Seeking Alpha - Mon Nov 17, 7:43AM CST
MGT: 0.53 (+0.04)
MGT Reports 2014 Third Quarter Results
PR Newswire - Mon Nov 17, 7:30AM CST
MGT Capital Investments, Inc. (NYSE MKT: MGT) today reported financial results and operational developments for the fiscal third quarter ended September 30, 2014. Developments during the quarter and recent weeks subsequent to quarter end are as follows:
MGT: 0.53 (+0.04)
Midday Gainers / Losers
Seeking Alpha - at Seeking Alpha - Thu Oct 23, 11:45AM CDT
IHT: 2.90 (-0.04), AIRM: 45.33 (+0.24), MGT: 0.53 (+0.04), NCT: 4.60 (+0.01), BBW: 20.94 (+0.14), ADHD: 6.92 (+0.73), CAB: 53.55 (+1.23), IPCM: 42.99 (+0.66), VII: 1.47 (-0.02), MTRN: 36.92 (+0.13), UTEK: 17.68 (+0.13), CPXX: 3.10 (+0.07), BRP: 24.17 (+0.01), SHLM: 39.83 (+1.06), NPTN: 3.20 (unch), IBIO: 0.90 (+0.36), YELP: 47.53 (-0.10), CLRO: 10.39 (+0.24), VPCO: 1.02 (+0.01), INFN: 17.56 (-0.10)
MGT Announces First Social Daily Fantasy Sports Platform on Facebook
PR Newswire - Thu Oct 23, 7:30AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) will launch the first social daily fantasy sports game on Facebook, called Daily Fantasy Legend (DFL), bringing the proven success of MGT's fantasy sports model from real money to virtual. The game is free to play and will be available to anyone aged 13 and up with a Facebook account. DFL players who wish to enhance gameplay through purchase of in-game currency will have the ability to extend and personalize their individual experience. Following the beta trial, which commenced yesterday, MGT expects full commercial launch in early November.
MGT: 0.53 (+0.04)
MGT Capital Investments Analyst Coverage Continued: Brief Report by Small Cap IR
PR Newswire - Wed Oct 01, 6:00AM CDT
Analyst Brief Report by Small Cap IR. MGT Capital Investments, Inc. (NYSEMKT: MGT) together with its subsidiaries, is engaged in acquiring, developing, and monetizing assets in the casino, online, and mobile gaming space. It operates through four segments: Medicsight Software/Devices, Medicsight Services, Gaming, and Intellectual Property. The company develops and publishes mobile games for tablets and smartphones; operates fanthrowdown.com, a daily fantasy sports Website that offers players to participate in real money daily fantasy gameplay for the NFL, MLB, NCAA, NHL, NBA, and professional golf; and develops and produces free to play mobile and social casino-style games. It also owns the United States patents related to casino gaming systems. The company has strategic alliance agreements with M2P Entertainment GmbH; M2P Americas, Inc.; and MGT Studios, Inc. to market and exploit M2P Entertainment GmbH's gaming technology in North and South America.
MGT: 0.53 (+0.04)
MGT Capital Announces Settlement Agreement with Iroquois Master Fund Ltd. and Schedules Annual Meeting of Stockholders
PR Newswire - Mon Sep 29, 8:00AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has reached an agreement with Iroquois Master Fund Ltd. and certain of its affiliates (collectively "Iroquois"
MGT: 0.53 (+0.04)
MGT's Daily Fantasy Sports Platform To Be Showcased with SHIFT Interactive at G2E 2014 in Las Vegas
PR Newswire - Wed Sep 24, 1:11PM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that its daily fantasy sports online gaming platform will be featured next week at the Global Gaming Expo (G2E) in Las Vegas, Nevada from September 30th through October 2nd at the Sands Expo and Convention Center. The MGT Sports platform (www.mgtsports.com) will be demonstrated as value-added content for an interactive video table being demonstrated by its manufacturer SHIFT Interactive, a division of Suzo-Happ (http://www.shiftinteractive.info/) at Booth #4233.
MGT: 0.53 (+0.04)
Market Maker Surveillance Report. COOL, BBSI, HDY, MGT, PIP, VHC, Losing Stocks With Lowest Price Friction For Tuesday, September 16th 2014
M2 - Wed Sep 17, 3:18AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Tuesday there were 4902 companies with "abnormal" market making, 2597 companies with positive Friction Factors and 2316 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Tuesday and low price friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. MAJESCO ENTERTAINMENT COMPANY (NASDAQ:COOL), Barrett Business Services Inc (NASDAQ:BBSI), Hyperdynamics Corp (NYSE:HDY), MGT Capital Investments Inc (NYSE:MGT), PharmAthene Inc (NYSE
COOL: 1.19 (unch), MGT: 0.53 (+0.04), BBSI: 39.78 (+0.84), PIP: 1.71 (unch), HDY: 0.90 (unch), VHC: 5.53 (+0.09)
Market Maker Surveillance Report. IDN, VII, ISNS, DGLY, MGT, ADMP, Winning Stocks With Lowest Price Friction For Tuesday, September 2nd 2014
M2 - Thu Sep 04, 9:47AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Tuesday there were 4916 companies with "abnormal" market making, 2511 companies with positive Friction Factors and 2570 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Tuesday and low price friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. Intellicheck Mobilisa Inc (NYSE:IDN), Vicon Industries Inc (NYSE:VII), Image Sensing Systems Inc (NASDAQ:ISNS), Digital Ally Inc (NASDAQ
MGT: 0.53 (+0.04), ADMP: 6.50 (-0.01), ISNS: 2.49 (+0.03), VII: 1.47 (-0.02), DGLY: 11.50 (-0.40), IDN: 1.43 (-0.01)
MGT Announces Winners of DraftDay "Big League Blast" Baseball Championship
PR Newswire - Wed Sep 03, 12:44PM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) would like to congratulate the winners of the DraftDay Big League Blast tournament (www.draftday.com). The participation rate was outstanding as the championship game filled to maximum capacity and the website paid out $250,000 to thirty of its players in the tournament. The contest's winner, screen-named RunItUp, took home $55,000 for first place (as well as 12th place) and many other top players qualified for the Championship multiple times, boosting their winnings in the process. Notable winners included MattTruss223, AngryFish, naapstermaan, and Al_Smizzle. Congratulations to all! Full commentary can also be accessed on MGT Sports information portal, www.fantasysportslive.com.
MGT: 0.53 (+0.04)
MGT Capital Investments, Inc. Comments on Recent Trading Activity of Its Common Stock
PR Newswire - Tue Sep 02, 11:21AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) was notified today by NYSE MKT of unusual trading activity in its stock, and the Exchange requested the Company to respond by press release to the unusual activity. The Company's general policy is not to comment on market rumors or speculation, including unusual market activity, and instead urges investors to look to the Company's filings with the SEC and its official press releases.
MGT: 0.53 (+0.04)