#PlaybyPlay: #MLB Trade Deadline Today, #MGM and #Caesars Look to Expand
Sports Betting and #NFL Legend Bobby Beathard to be Inducted Into HOF on
Saturday; GVC Holdings and #MGM
Announce Joint Venture for #SportsBetting Platform and #WWE Extends Australian Broadcasting Agreement
with Foxtel
Stocks discussed: (LSE:GVC.L)
(NYSE: $MGM) (NYSE: $WWE)
Point Roberts, WA, Delta, BC –July 31, 2018 - Investorideas.com,
a leader in investor news and research issues today’s edition of Play
by Play covering what’s new in sports headlines and recent news from
publicly traded companies in the sector.
July 31 Play by Play – the latest sports headlines, esports and sports
stock news
Read this in full at http://www.investorideas.com/news/2018/play-by-play/07311MLB-SportsBetting-NFL-HOF.asp
MLB Trade Deadline Today, MGM and Caesars Look to Expand Sports Betting
and NFL Legend Bobby Beathard to be Inducted Into HOF on Saturday
Today is the MLB trade deadline and so far this
month Manny Machado has been traded to the Dodgers from the Orioles, Brad Hand
to the Indians from the Padres, Mike Moustakas to the Brewers from the Royals,
Zach Britton to the Yankees from the Orioles, Cole Hamels to the Cubs from the
Rangers and Joakim Soria to the Brewers from the White Sox. ESPN has a
list of all transactions in the past week.
As legal sports betting in the U.S. continues to
see more adoption, both MGM Resorts International and Caesar Entertainment have
joined to cash in, according to the Associated Press. MGM’s Borgata
casino-resort in New Jersey and Caesars’ Bally’s casino in Atlantic City
currently offer sports betting. The AP quotes Kevin Ortzman, who runs Caesars
Entertainment’s three Atlantic City casinos:
“The sports
betting customer is not your typical core gaming customer that Atlantic City
has been used to,” he said. “Offering this as another wagering opportunity
opens up a whole new chance to integrate this with our food and beverage,
gaming and entertainment offerings.”
NFL legend
Bobby Beathard will be inducted into the NFL Hall of Fame on Saturday. Beathard
was in the NFL for 38 years, winning four and competing in seven Super Bowls as
General Manager of the Kansas City Chiefs (1966), Miami Dolphins (1972,1973),
Washington Redskins (1982,1983,1987) and the San Diego Chargers (1994). The AP reports that
Beathard’s favourite memory of his career was the 1972 Miami Dolphins but that
every time one of his teams made it to the finals was a highlight.
“...they were
all memorable. Any time we made it to that last game, it meant that we were going
to the Super Bowl. Those were always great memories.”
GVC Holdings and MGM Announce Joint
Venture for Sports Betting Platform and WWE Extends Australian Broadcasting
Agreement with Foxtel
Stocks discussed: (LSE:GVC.L)
(NYSE:MGM) (NYSE:WWE)
GVC Holdings plc (LSE:GVC.L) has announced a joint
venture with MGM Resorts International (NYSE:MGM) to create a
sports betting and online gambling platform in the U.S. Jim Murren, Chairman
and Chief Executive Officer of MGM Resorts talked about the partnership:
"We are
proud to join forces with GVC, the largest and most dynamic global online
betting operator, with existing reputable and trusted operations in the U.S.
With MGM Resorts' expertise and leading position in key markets across the
U.S., this historic partnership will be positioned to become the instant leader
in technology, market access, sports relationships and brands.”
World
Wrestling Entertainment (NYSE:WWE) and
broadcaster Foxtel have extended their partnership for the 19th with an agreement to broadcast
WWE shows like Raw® and Smackdown® in Australia.
Sam Mowers, Investorideas.com
Sports
Stocks - esports, sports media, sports teams, sports betting, fantasy sports,
sports equipment and more...
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