#PlaybyPlay; Supreme Court Frees Up Gambling Laws, #Lomachenko Sets Record and Wins Title,
Capitals and Jets Lead Series in #NHL and Cavs Lose First Game of Conference
Finals
Stocks discussed: (NYSE: $MSG), (NasdaqGM: $CPHC), (NasdaqGS:
$TTWO)
Point Roberts, WA, Delta BC –May 14, 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.
Read this in full at http://www.investorideas.com/news/2018/play-by-play/05141LomachenkoCapitalsJetsNHLCavs.asp
Supreme Court Frees Up Gambling Laws, Lomachenko Sets Record and Wins
Title, Capitals and Jets Lead Series in NHL and Cavs Lose First Game of
Conference Finals
Stocks discussed: (NYSE:MSG)
The U.S. Supreme Court has struck down betting laws
that were responsible for prohibiting sports gambling, according to a report on
ESPN. This
frees up states to open the market to betting on single game results, which was
previously only an option in Nevada.
“States that
want to offer legal sports betting may now do so, and New Jersey plans to be
first. Delaware, Mississippi, New York, Pennsylvania and West Virginia are
among the states expected to quickly get into the legal bookmaking game.”
The move is
opposed by the likes of the NFL, NCAA, NBA, NHL and MLB while being championed
by former New Jersey governor Chris Christie on Twitter:
“A
great day for the rights of states and their people to make their own
decisions. New Jersey citizens wanted sports gambling and the federal Gov't had
no right to tell them no. The Supreme Court agrees with us today. I am proud to
have fought for the rights of the people of NJ.”
Vasiliy
Lomachenko became the lightweight world champion after scoring a tenth-round
technical knockout of Jorge Linares in Madison Square Garden (NYSE:MSG)
on Saturday. ESPN reports
that Lomachenko’s win set a new record:
“With the
victory, Lomachenko shattered the all-time boxing record for fewest fights
needed to win a world title in three weight divisions, accomplishing that in
just his 12th fight.
Lomachenko
broke the record held by Australian legend Jeff Fenech, a Hall of Famer who won
world titles at bantamweight and junior featherweight before winning a belt at
featherweight in his 20th fight in 1988.”
The Washington
Capitals are dominating the Tampa Bay Lightning in the Conference Finals with
two straight wins on Friday and Sunday of 4-2 and 6-2 respectively. It will be
an uphill battle for the Lightning as the next game is Tuesday in Washington,
giving the Capitals a home ice advantage. Meanwhile the Winnipeg Jets lead
their series with the Las Vegas Golden Knights 1-0 after a 4-2 win on Saturday.
In basketball,
the Boston Celtics beat the Cleveland Cavaliers 108-83 last night taking a lead
in the East Conference finals. The Associated Press interviewed
LeBron James on the Cavs loss:
“for me,
there’s no level of concern no matter how bad I played tonight with seven
turnovers, how inefficient I was shooting the ball. ... We have another
opportunity to be better as a ballclub come Tuesday night and we’ll see what
happens.””
Canterbury Park Announces Q1
Financials and Take-Two Sees Share Gains
Stocks discussed: (NasdaqGM:CPHC),
(NasdaqGS:TTWO)
Canterbury
Park Holding Corporation (NasdaqGM:CPHC), owner and operator of
Canterbury Park Racetrack in Minnesota, announced its Q1
financial results today. The company saw a net revenue increase of 6.8 percent
with $12.2 million over last year’s first quarter revenues of $11.4 million.
The announcement indicates that the company’s net income saw a 92.9 percent
increase over 2017, largely as a result of higher revenues and the U.S. tax
cuts.
Take-Two
Interactive Software (NasdaqGS:TTWO), a leading developer, marketer
and publisher of interactive entertainment, including 2K Sports, has seen an
share increase of “18.65% in the last month, 7.04% in the previous three
months, and 69.25% over the past year,” according to a press release today.
Sports
Stocks - esports, sports media, sports teams, sports betting, fantasy sports,
sports equipment and more...
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