Sports Stock News and Investing Ideas

Friday, May 26, 2023

#PlaybyPlay #Podcast: Daktronics Partners with #Denver #Broncos and ClashTV Using Alpha Metaverse’s Platform for #NBA2K Tournaments; #Sports #Stocks discussed: (NasdaqGS: $DAKT) (CSE: $ALPA)

#PlaybyPlay #Podcast: Daktronics Partners with #Denver #Broncos and ClashTV Using Alpha Metaverse’s Platform for #NBA2K Tournaments; #Sports #Stocks discussed: (NasdaqGS: $DAKT) (CSE: $ALPA)

Man United Secure Champions League Return, and Boston Celtics Win Second Straight Against the Miami Heat

Vancouver, Kelowna, Delta, BC, May 26, 2023 Investorideas.com, a global investor news source issues today’s edition of Play by Play covering what’s new in sports and esports headlines plus recent news from publicly traded companies..

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2023/052623-Sports.mp3

Read this in full at https://www.investorideas.com/news/2023/play-by-play/05261DAKT-ALPA.asp

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Play by Play – the latest sports headlines, esports and sports stock news

Daktronics, Inc. (NasdaqGS:DAKT) has partnered with American football franchise the Denver Broncos to deliver 25 LED displays totaling 24,500 square feet including the fifth largest and tallest main end zone video display in professional football at Empower Field at Mile High in Colorado. Daktronics President and CEO Reece Kurtenbach explained:

“As a long-time partner, we’re thrilled to deliver one of the largest displays in professional football to the Denver Broncos. The continual focus on improving the overall game-day experience has led to advancements and innovation in LED video display design and technology, as evidenced by this project at Empower Field at Mile High. Bringing such a significant stadium enhancement to life will ensure fans have a great view of all the action and enjoy replays, stats and much more.”

Metaverse, gaming and generative AI firm Alpha Metaverse Technologies Inc. (CSE:ALPA) has announced the use of its proprietary gaming platform to launch, power and manage ClashTV’s 2023 NBA2K tournaments. ClashTV is described as an interactive live streaming platform. In particular, Alpha’s GaaS platform, "Mana", “will aim to provide players with a seamless, low-latency gaming experience, providing the opportunity for ClashTV viewers’ an interactive experience engaging with their favorite players, teams, and content creators.” Brian Wilneff, Alpha’s CEO, said:

"We are incredibly proud to be working alongside a company like ClashTV, which celebrates fandom and brings high-engagement cultural and sports content to wider audiences. Our innovative Mana platform allows the Company a build-to-order GaaS offering that can be used in a wide array of different functions. Mana is well suited to support the high demands of launching and managing NBA2K league player participation, and we're excited to see our technology on display."

Man United Secure Champions League Return, and Boston Celtics Win Second Straight Against the Miami Heat

The Associated Press reports that Manchester United have secured a return to the Champions League with a 4-1 win against Chelsea last night. Man United, a 20-time league champion, saw goals from Casemiro, Anthony Martial, Bruno Fernandes and Marcus Rashford, clinching a top-four finish. Erik ten Hag, the team’s manager, said:

“It is a successful season but the season is not finished. This club belongs in the Champions League so you have to qualify in the first four. We played a good season in the Premier League. I think a very good season.”

The AP reports that the Boston Celtics defeated the Miami Heat 110-97 last night in Game 5, extending the Eastern Conference finals. Notably, this is their second straight win after having succumbed to a 3-0 deficit against the Heat. If they prevail, they’ll become the first team in NBA history to overcome a 3-0 deficit to win a series. Joe Mazzulla, the team’s coach, said:

“It just says that our backs are against the wall and we’re sticking together and we’re competing at a high level to give ourselves a chance.”

Sam Mowers, Investorideas.com

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We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast , Cleantech and Climate Change Podcast, Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

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Friday, May 12, 2023

#PlaybyPlay: #fuboTV Announces Partnership with #ClevelandGuardians, and Leatt Corporation Reports Q1 Financial Results; #Stocks discussed: (NYSE: $FUBO) (OTC: $LEAT)

#PlaybyPlay: #fuboTV Announces Partnership with #ClevelandGuardians, and Leatt Corporation Reports Q1 Financial Results; #Stocks discussed: (NYSE: $FUBO) (OTC: $LEAT)

#DenverNuggets Eliminate #PhoenixSuns in #NBA Playoffs, and #TomBrady in Talks with #LasVegasRaiders to Join Ownership

Vancouver, Kelowna, Delta, BC, May 12, 2023 Investorideas.com, a global investor news source issues today’s edition of Play by Play covering what’s new in sports and esports headlines plus recent news from publicly traded companies..

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2023/051223-Sports.mp3

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Read this in full at https://www.investorideas.com/news/2023/play-by-play/05121FUBO-LEAT.asp

Play by Play – the latest sports headlines, esports and sports stock news

Sports-first live TV streaming platform fuboTV Inc. (NYSE:FUBO) has announced a partnership with the Cleveland Guardians. This marks its second partnership with a Major League Baseball team following its agreement with the Boston Red Sox announced on May 1. This, according to the press release, will see “the launch of Fubo branding at Progressive Field, including behind home plate, and fan engagement opportunities.” Yale Wang, senior vice president, marketing, Fubo, said:

"Fubo is proud to be a partner of the Cleveland Guardians and expand our leading game coverage to in-person engagement with their fans. We’re looking forward to working with the team to provide fans with the easiest way to watch the Cleveland Guardians online."

Sports equipment developer Leatt Corporation (OTC:LEAT) has announced financial results for its first quarter ending March 31, 2023. Highlights include global revenues of $13.1 million USD, gross profit increased to 44 percent, as well as a partnership with Orbea Leatt Speed Company Racing Team and an expansion into Marathon Endurance Segment. The company’s CEO, Sean Macdonald, commented:

“…we are optimistic that the arrival of the spring riding season after the extended cold weather period will increase consumer participation in outdoor activities which will in turn stimulate growth as industry-wide inventory levels are digested and replenished at distributor and dealer levels. Our team remains enthusiastic about the future of our brand and Company as we work towards a return to delivering double-digit growth.”

Denver Nuggets Eliminate Phoenix Suns in NBA Playoffs, and Tom Brady in Talks with Las Vegas Raiders to Join Ownership

The Associated Press reports that the Denver Nuggets have knocked out the Phoenix Suns from the NBA Playoffs with a decisive 125-100 victory. Serbian-born center Nikola Jokic scored 32 points, and point guard Jamal Murray added 26, advancing the Nuggets to the Western Conference finals for the first time since 2020. The Nuggets, who have never reached the NBA Finals, will now play in the conference finals. Denver’s coach Michael Malone said:

“When we defend, when we rebound, when we run, when we share the ball, we believe we’re the best team in the NBA, And tonight, we showed it.”

Elsewhere, ESPN reports that NFL superstar Tom Brady is in talks with the Las Vegas Raiders to join the team's ownership group. Sources told the publication that talks between the two sides “have been going on for weeks and could soon be reaching a resolution,” but that Brady's own investment is expected to be "passive," with him not having “any operational control or authority over the club in business or football matters.” Given Brady’s star power, the ESPN article posits that he could “become the highest-profile former NFL player to become a limited owner of an NFL franchise.”

Sam Mowers, Investorideas.com

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Thursday, May 4, 2023

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Friday, April 14, 2023

#PlaybyPlay #Sports #Podcast: #Stocks in the News: (NYSE: $DKS) (Nasdaq: $ELYS)

#PlaybyPlay #Sports #Podcast: #Stocks in the News: (NYSE: $DKS) (Nasdaq: $ELYS)

DICK’s Sporting Goods Partners with Boston Athletic Association, and Elys Game Technology Announces Expected Launch of Online Sportsbook Platform in North America

Dan Snyder to Sell Washington Commanders, and Tampa Bay Rays Tie 13-0 Season Start Record

Vancouver, Kelowna, Delta, BC, April 14, 2023 Investorideas.com, a global investor news source issues today’s edition of Play by Play covering what’s new in sports and esports headlines plus recent news from publicly traded companies..

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2023/041423-Sports.mp3

Read this in full at https://www.investorideas.com/news/2023/play-by-play/04141DKS-ELYS.asp

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Play by Play – the latest sports headlines, esports and sports stock news

DICK’s Sporting Goods, Inc. (NYSE:DKS) has announced a multi-year partnership with the Boston Athletic Association (B.A.A.), making it the official retail sponsor of B.A.A. events, beginning with the 2023 Boston Marathon. The company also detailed plans for its DICK'S House of Sport Boston, which “will be a 100,000+ square foot store that provides athletes with the latest gear for team sports.” Jack Fleming, B.A.A. President and CEO, said:

“At the core of the B.A.A.'s mission and vision is promoting healthy lifestyles through sport, especially running. In partnering with DICK'S Sporting Goods, we look forward to bringing to life that mission and vision to even more people, especially along the Boston Marathon finish stretch at the DICK'S House of Sport Boston, which can be truly inspirational to so many throughout the year."

Elys Game Technology Corp. (NasdaqCM:ELYS) has announced the expected launch of its online sportsbook platform for U.S. and Canadian markets by Q3 – 2023. According to the press release, “mobile apps are expected in both iOS and Android versions on a state-of-the-art, GLI-33 certified platform complete with a broad range of customization tools and rigorous cybersecurity features.” Michele Ciavarella, the company’s Executive Chairman, said:

“Since the repeal of the Professional and Amateur Sports Protection Act in 2018 we have seen the U.S. market begin to take shape with many years of growth and development potentially ahead. The liberalization of the U.S. market has also led to greater market opportunities with legislative changes in Canada as well. Elys has taken this early-stage opportunity to analyze market behavior and to better understand what North American sports bettors want, rather than race to gain market share in uncharted spaces.”

Dan Snyder to Sell Washington Commanders, and Tampa Bay Rays Tie 13-0 Season Start Record

The Associated Press reports that controversial billionaire Dan Snyder has a deal in place to sell the NFL’s Washington Commanders for the most money paid “for a North American professional sports team.” The team will be purchased for a record $6.05 billion, exceeding the previous record of $4.65 billion set last year when Walmart heir Rob Walton’s group bought the Denver Broncos.

According to coverage from CNN, Snyder’s decision to sell followed DC Attorney General Karl Racine’s announcement of “a lawsuit against Snyder, the team and the NFL, alleging they colluded to deceive DC residents about an NFL investigation into the team’s toxic workplace culture and allegations of sexual assault.”

Elsewhere, in baseball, the Tampa Bay Rays have tied the 13-win season start record set by both the 1982 Atlanta Braves and 1987 Milwaukee Brewers. According to The AP, the only longer opening streak was 20-0 by the 1884 St. Louis Maroons of the Union Association. The Rays play the Toronto Blue Jays today to attempt to break the record.

Sam Mowers, Investorideas.com

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