Gambling Stocks: HDUP Stock Nasdaq Bound

Gambling stocks

As a global gaming operator and media company, HeadsUp Entertainment International Inc. (OTC: HDUP) is focused on online gaming, sports betting, online lottery, and charity fundraising. After announcing its major future plans , HDUP stock surged 214% as investors too notice of the company’s revenue generating potential. With this in mind, HDUP could be one of the best gambling stocks to watch this summer.

HDUP Stock News

The trigger for HDUP’s run was the announcement of its plans to close 8 independent transactions to be merged into a surviving entity branded as HeadsUp Global Inc. Commenting on these plans, the company’s Chief Business Development Officer – Mark Hutchinson – shared that the team is “building the gaming, lottery and digital company of the future”.

After closing these deals, HDUP intends to apply for NASDAQ listing based on its asset values and revenues meeting the NASDAQ’s requirements. HDUP’s management are confident this merger will reduce the risks of dilution – increasing shareholders’ value.

These plans were highlighted earlier in the company’s shareholder update which provided the outline of its operation rollout starting with the acquisition of “one of the world’s leading suppliers of digital lottery and online games”. On top of this, it has plans for a partnership with a major operator of gaming technology in Africa which would provide it with access to licenses in major global gaming markets

It also discussed the acquisition of a multimillion dollar asset with a database of over 4 million users. Once the transaction is completed, the company plans to launch the platform across multiple platforms this year.

These acquisitions could be among the first announced by HDUP given the company’s promise to release a number of press releases and twitter updates starting May 4th. In light of this, HDUP could be one of the best gambling stocks to buy ahead of these impending catalysts.

Overall, these additions will only build on HDUP’s existing framework. On this note, one of its main divisions is its Cause Drivers division which is focused on creating exclusive fundraising programs for its charity partners through its gaming products.

Cause Drivers

HDUP’s gaming products suite includes auctions, donate to win sweeps, online charity games and branded poker tournaments. Through these products, HDUP drives up interest for fundraising programs to encourage audiences to participate and donate to different causes. 

HDUP is already a partner of the Special Operations Charity Network which provides revenues to veterans, US military members, law enforcement, and first responders. Given its track record and reputation in the gaming industry, HDUP’s fundraisers are considered to be the most successful in the business. In this way, more and more charities may partner with HDUP to ensure the success of their fundraising initiatives.


From the company’s second division, HDUP operates a multi platform sports betting information site featuring daily videos and informative articles providing the best content for its audience. Behind the scenes, HDUP has been developing a TV show which is still in pre-production but is expected to air on national sports networks.

To increase traffic to GameChangerz, HDUP has partnered with the social media and analytics expert Chaos Integrated Inc. which has helped HDUP drive up its impressions – leading to an increase in its total user base. 

Moreover, GameChangerz features an impressive stable of handicappers – led by the best sports handicapper in North America – Joe D’Amico. Given that bettors spent $500 billion in the sports information industry in 2019, HDUP could be set to realize record revenues as it continues developing this division.

With this in mind, HDUP plans to expand GameChangerz by leveraging its platform to improve sales while expanding its content further to monetize global sports.


In addition to global expansion, HDUP is venturing into blockchain technology and NFTs by partnering with TOKONOMICA – a global leader in NFT technologies and marketplaces. According to this agreement, HDUP will act as its exclusive business development partner across North America, South America, and Central America allowing it to market TOKONOMICA’s proprietary technology – STEM. 

STEM is considered to be revolutionary in the way it makes NFT creation easier while also increasing their initial value over time. Unlike typical NFT marketplaces, STEM is focused on creating value for its clients – not just the NFTs. Since this technology could be integrated with existing marketplaces or its own platform, this partnership could be extremely profitable for HDUP over time.

HDUP’s next step into the NFT sphere will be launching a joint venture with MH Universe which operates an NFT technology platform and operating system. Given the company’s focus on NFTs, HDUP’s “major NFT rollout” in Q2 and Q3 could be a catalyst for HDUP stock.  


As the company continues working towards the expansion of its media business, it has decided to launch and distribute Safariflix – a televised program focusing on safari adventures. The program works in conjunction with MH Universe and the Pure Wildlife Fund in South Africa to raise awareness. Following the launch of this program, HDUP will launch a follow up program – Oceanflix – by mid 2022.  Its important to note that most gambling stocks do not pursue such a wide variety of ventures and this undoubtedly makes HDUP stock unique.


However none of this would be possible without HDUP’s Chief Business Development Officer Mark Hutchinson. With more than 30 years of experience in the lottery and gaming sectors, Hutchinson is well-known as a global leader in this industry. Hutchinson has previously worked with state lottery operators across the US before becoming a leader in developing several lottery operations and televised gaming productions in the US, Europe, and Africa. Considering his experience in these global markets, HDUP is well equipped to expand further.

Global Expansion

Already a global gaming operator, the company could achieve more growth as the supplier, operator and license holder for a number of the world’s largest gaming markets. Additionally, its upcoming partnership with a gaming operator in Africa will open the door to new gaming markets in Africa and South America as well. Since this partnership is in the final stages of negotiations, HDUP could be one of the gambling stocks to watch this quarter as these partnerships are finalized.

HDUP Stock Financials

According to its Q3 report, HDUP increased its assets to C$3 million compared to the C$1.4 million reported at the end of January 2021. Meanwhile, HDUP’s liabilities increased from C$800K to C$2.1 million in the same period. This increase in liabilities is mainly the result of short-term loans of C$1.3 million. In terms of revenues, HDUP reported C$23 thousand – an increase from C$16 thousand in the same period a year ago. At the same time, operating costs increased significantly from C$30 thousand to C$73 thousand due to an increase in consulting fees. With HDUP’s annual report set to be released by May 14th, many investors are anticipating YoY growth for the company.

Media Sentiment

@thommic is holding HDUP stock in anticipation of a surge upon the release of more news on acquisitions. 

@InvestorGroup15 regrets not adding more HDUP shares in light of its upcoming catalysts.

Technical Analysis

HDUP stock chart

HDUP stock is currently trading at $.1619 after a 214% run over the last six days. HDUP stock shows a main support at .0582, a secondary support at .096 and a weaker support near .129. It’s currently trading near a weak resistance of .1702. Accumulation is still moving upwards after dipping with profit taking. Meanwhile, the MACD is bullish and still climbing to the upside. The RSI is overbought at 79 and has yet to regulate.

HDUP stock chart

With solid future plans and an ambitious management team, HDUP stock could continue to climb in anticipation of more news as these catalysts play out. In light of this, bullish investors could wait for the RSI to cool-off for a good entry point on HDUP stock. As some of the excitement dies off, investors could also pick up more shares once the stock dips and hold them in anticipation of its impending catalysts.

With an AS of 500 million and OS of 229 million, HDUP’s float could be close to the 90 million unrestricted shares.

HDUP Stock Forecast

Given that the company is set to release updates on its plans over the coming weeks, many investors are anticipating that HDUP stock will push past its resistance to new highs as the updates are released. With 8 acquisitions on the way, HDUP could be well-positioned for major growth in assets and revenues this year. Considering the company’s NASDAQ listing plans, HDUP stock could also be a profitable long-term investment as the company works to increase its share price organically. In light of these catalysts, HDUP stock has the potential to be one of the best gambling stocks in 2022.

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