Play
by Play; Churchill Downs (NasdaqGS: $CHDN) Televises Inspired
Entertainment-Created “Kentucky Derby: Triple Crown Showdown” and Torque
Esports (TSXV: $GAME.V) Acquires Frankly, WinView - Plans Name Change
MLB Owners Back Proposal
for July Start and French Open Could Take Place Without Fans Present
Point Roberts, WA, Delta BC May 12, 2020 -
Investorideas.com, a leader in investor news and research issues today’s
edition of Play by Play covering what’s new in sports and e-sports
headlines and recent news from publicly traded companies in the sector.
Listen to podcast
Stocks
discussed: (NasdaqGS:CHDN) (TSXV:GAME)
Churchill Downs (NasdaqGS:CHDN) put on a
nationwide "Kentucky Derby at Home" party on May 2, the day the Derby
would have taken place were it not postponed due to COVID-19 concerns. The
televised event featured "The Kentucky Derby: Triple Crown Showdown,” a
virtual race, created by Inspired Entertainment, Inc. (NasdaqGS:INSE), that showed 13
Triple Crown winners battle it out. Secretariat won the event, after he claimed
victory in the Kentucky Derby 47 years ago at Churchill Downs. According to the
press
release,
1.7 million viewers watched the race. Bill Carstanjen, CEO of Churchill Downs
Incorporated, commented:
"While
we await Kentucky Derby 146 in September, our partnership with Inspired
Entertainment in creating the virtual Derby not only allowed fans celebrating
Kentucky Derby at Home a chance to experience the thrill of a race at Churchill
Downs together, but the excitement leading up to it gave us a platform to raise
and match funds for important COVID-19 relief efforts."
Torque Esports Corp. (TSXV:GAME) has completed the acquisition of
interactive software platform provider Frankly, Inc., and second-screen
interactive TV company WinView, Inc. Following this acquisition, Torque plans
to change its name to Engine Media Holdings, Inc., and expects to be positioned
at the forefront of esports, news streaming and sports gaming across multiple
media platforms. Tom Rogers, the company’s newly-appointed Executive Chairman,
commented:
"Entertainment
programming has moved quickly into the streaming world and now news and sports
revenue models are highly challenged as subscriber fees from the traditional
bundle models decline. As we have seen through the shelter-in-place orders during
the COVID-19 pandemic, news and sports are searching for solutions that help
them better access consumers, provide programming and unique experiences and
tap into new revenue streams. Engine Media is coming to the table with new ways
for the news, information, sports and esports content to thrive in this new
media marketplace. While each of these businesses have established themselves
by focusing on pieces of a new model, combining and integrating them together
can create the scale that will not only benefit investors, but better serve
clients, partners and customers in this new world."
MLB
Owners Back Proposal for July Start and French Open Could Take Place Without
Fans Present
The Associated
Press
reports that Major League Baseball (MLB) owners greenlit a proposal to the
players’ union that could lead to the delayed season beginning around the
Fourth of July weekend, albeit in venues with no fans attending. On the
prospect of a resumption, California’s Gov. Gavin Newsom said:
“We’ll see where we will be in July. We certainly look
forward to Major League Baseball and all sports resuming. But again, the
question is when and that will be determined on the basis of public health and
public safety and the spread of this virus.”
Elsewhere the AP reports that The
French Open tennis tournament at Roland Garros could also take place without
fans in attendance at its rescheduled dates of Sept. 20 - Oct. 4. President of
the French Tennis Federation Bernard Giudicelli said:
“Organizing it without fans would allow a part of the
economy to keep turning, (like) television rights and partnerships. It’s not to
be overlooked. We’re not ruling any option out.”
Sports Stocks - esports,
sports media, sports teams, sports betting, fantasy sports, sports equipment
and more...
About Investorideas.com - News that Inspires Big
Investing Ideas Investorideas.com
is a recognized news source publishing third party news, research and original
financial content. Learn about investing in stocks and sector trends with our
news alerts, articles, podcasts and videos,
looking at cannabis, crypto, AI and IoT, mining, sports biotech, water,
renewable energy and more. Investor Idea’s original branded content includes
the following podcasts and columns : Crypto Corner , Play
by Play
sports and stock news column, Investor Ideas Potcasts Cannabis News and
Stocks on the Move podcast and column, Cleantech
and Climate Change
, Exploring
Mining the AI
Eye .
Disclaimer/Disclosure: Investorideas.com is a digital
publisher of third party sourced news, articles and equity research as well as
creates original content, including video, interviews and articles. Original
content created by investorideas is protected by copyright laws other than
syndication rights. Our site does not make recommendations for purchases or
sale of stocks, services or products. Nothing on our sites should be construed
as an offer or solicitation to buy or sell products or securities. All investing
involves risk and possible losses. This site is currently compensated for news
publication and distribution, social media and marketing, content creation and
more. Disclosure is posted for each compensated news release, content published
/created if required but otherwise the news was not compensated for and was
published for the sole interest of our readers and followers.
Contact management and IR of each company directly regarding
specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn
more about publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/ and
tickertagstocknews.com Global investors must adhere to regulations of each
country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
To
contribute interviews, story ideas and sponsorship opportunities:
Contact
Investorideas.com
800
665 0411
|
|