MGT Capital Investments, Inc. and its subsidiaries engage in the business of acquiring, developing and monetizing assets in the online and mobile gaming space and social casino. The company’s portfolio of assets in the online, mobile gaming and social casino gaming space includes DraftDay.com, FantasySportsLive.com, and Slot Champ. In 2014, the company announced a partnership with Vivid Entertainment, LLC to develop a fantasy sports gaming site, which is available online at VividBetSports.com. In addition, the company’s majority–owned subsidiary, MGT Gaming, Inc., owns two U.S. patents covering certain features of casino slot machines. Outside of the business of acquiring, developing and monetizing assets in the online, mobile gaming and casino gaming space, the company’s wholly subsidiary, Medicsight, Inc. (Medicsight), owns the U.S. Food and Drug Administration approved medical imaging software and has developed an automated carbon dioxide insufflation device, which receives royalties on a per–unit basis from an international manufacturer. The company operates in four segments: Medicsight Software/Devices, Medicsight Services, Gaming, and Intellectual Property. Competition The company competes with FanDuel, Inc.; DraftKings, Inc.; Zynga, Inc.; and Caesars Acquisition Company, as well as King Digital, Soul & Vibe Interactive, DeNA, Gree, Nexon, and Glu. History MGT Capital Investments, Inc. was founded in 1979. The company, a Delaware corporation, was incorporated in 2000.
mgt capital investments inc
500 Mamaroneck Avenue
Harrison, NY 10528
|DeNA Co Ltd||¥1,990 JPY||+29.00|
|Glu Mobile Inc||$3.39 USD||+0.08|
|Gree Inc||¥614.00 JPY||+18.00|
|Soul & Vibe Interactive Inc||$0.0053 USD||0.0001|
|Zynga Inc||$2.60 USD||+0.045|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
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