M Partners Inc. Initiates Analyst Coverage on Playmaker

Rhea-AI Summary

Playmaker Capital (PMKRF) has announced that M Partners Inc. has commenced analyst coverage on the Company. M Partners highlights Playmaker's strategy to acquire digital sports media entities, enhancing its value amid expanding legal gambling markets in Canada, Brazil, and Argentina. The report underscores the increasing relevance of Playmaker's assets for sports betting operators. Forward-looking statements indicate potential future reports from M Partners, though they carry inherent risks and uncertainties.

Positive

• M Partners initiated analyst coverage on Playmaker, indicating growing interest.
• Playmaker's strategy includes acquiring digital sports media companies, enhancing its market position.
• Growth potential in legal gambling markets in Canada, Brazil, and Argentina is favorable for Playmaker.

Negative

• None.

TORONTO--(BUSINESS WIRE)-- Playmaker Capital Inc. (TSX-V: PMKR, OTCQX: PMKRF) (“the Company”) (“Playmaker”), the digital sports media company that delivers authentic content experiences through its portfolio of sports media and technology brands, announced today that M Partners Inc. ("M Partners") has initiated analyst coverage on the Company. M Partners’ initial research report and all future reports (if any) may be obtained directly from M Partners.

“PMKR is rolling up digital sports media companies at accretive multiples, creating an ecosystem of assets that are becoming increasingly important to sports betting operators that are vying for customers,” said Nicholas Cortellucci, Analyst at M Partners. “We believe that as countries such as Canada, Brazil and Argentina launch legal gambling and the U.S. market continues to open up, this effect will only grow larger, boding well for PMKR’s value proposition.”

For more information, Nicholas Cortellucci can be contacted at ncortellucci@mpartners.ca.

Please note that any opinions, estimates or forecasts regarding the performance of Playmaker and its management made by M Partners are theirs alone and do not represent the opinions, estimates or forecasts of Playmaker or its management. Playmaker does not by this announcement or otherwise imply that the Company analyzes or approves of such information, conclusions, or recommendations.

TSX VENTURE EXCHANGE DISCLAIMER

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

ABOUT PLAYMAKER

Playmaker (TSX-V: PMKR, OTCQX: PMKRF) is a digital sports media company that lives at the intersection of sports, gambling, media and technology. Playmaker is building a collection of premier sports media brands, curated to deliver highly engaged audiences of sports fans to sports betting companies, leagues, teams and advertisers.

For more information, visit: http://www.playmaker.fans

FORWARD LOOKING STATEMENTS

This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects Playmaker’s current expectations regarding future events. The words "will", "expects", "intends" and similar expressions are often intended to identify forward-looking information, although not all forward-looking information contains these identifying words. Specific forward-looking information contained in this press release includes, but is not limited to: statements concerning any future analyst reports to be published by M Partners and the future coverage of the Company by M Partners generally. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Playmaker’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to: changes in general economic, business and political conditions. Playmaker undertakes no obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211213005524/en/

MEDIA CONTACTS

Tom Webb - E: tom@redknotcomms.com | T: (+1) 512 952 9369

Romilly Evans - E: rom@redknotcomms.com | T: (+44) 7766 752 274

Mauricio Villarreal - E: mauricio@redknotcomms.com | T: (+1) 919 808 8898

Source: Playmaker Capital Inc.

FAQ

What is the significance of M Partners initiating coverage on Playmaker Capital (PMKRF)?

M Partners' initiation of coverage signals increased market interest and potential growth in Playmaker's stock value.

How does acquiring digital sports media companies benefit Playmaker (PMKRF)?

Acquisitions allow Playmaker to create a valuable ecosystem important for sports betting operators.

What markets are projected to increase Playmaker's (PMKRF) value?

The legal gambling markets in Canada, Brazil, and Argentina are expected to enhance Playmaker's value.

Are there any risks associated with Playmaker's (PMKRF) forward-looking statements?

Yes, forward-looking statements contain risks and uncertainties that could lead to actual results differing significantly.