#PlaybyPlay; #Celtics Beat Cavs into Two-Game Deficit, Lightning Come
Back for First Win of Series and Major #Sports Leagues Seek Cut of Legal
#Gambling Money
Stocks
discussed: (OTC: POWW), (NasdaqCM: DFBG), (NasdaqGS: CHDN), (TSX: SCYB.V)
Point Roberts, WA, Delta BC – May 16, 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/05161CelticsLightningGambling.asp
Celtics Beat Cavs
into Two-Game Deficit, Lightning Come Back for First Win of Series and Major
Sports Leagues Seek Cut of Legal Gambling Money
The
Cleveland Cavaliers now face a two-game deficit against the Boston Celtics
after losing last night in Boston 107-94. The two teams won’t play again until
Saturday in Cleveland, giving them both three days of rest. Despite their
deficit, ESPN writes
that history shows the Cavs can still come back and win the series:
James has trailed 2-0 six times in his
career and has come back to win twice -- the 2016 NBA Finals against the
Warriors and the 2007 conference finals against the Pistons, per ESPN Stats
& Information research.
Speaking of two-game deficity, the Tampa
Bay Lightning got out of theirs by defeating the Capitals in Washington 4-2.
Two of their goals were scored on a power play. The first by Steven Stamkos in
the first period, and the second by Nikita Kucherov early in the second. A
piece on NHL.com describes the strength of the Lightning
power play:
“That's been happening a
lot for the Lightning. After finishing third in the regular season (23.9 percent)
behind the Pittsburgh Penguins (26.2) and Toronto Maple Leafs (25.0), they are
15-for-50 (30.0) on the power play in 13 playoff games, third behind the Boston
Bruins (36.4) and Capitals (30.8).”
Representatives
from major sports leagues sought a percentage of profits from sports betting in
Rhode Island, according to report in the Associated
Press. In light of the Supreme Court of the United States
ruling to strike down federal law that prohibits sports betting, Rhode Island
legislators could change laws to make betting on sports legal. The AP reports:
“Executives from Major League Baseball,
the National Basketball Association and the PGA Tour went to the statehouse
Tuesday to ask for a 0.25-percent “integrity fee” if Rhode Island lawmakers
bring sports gambling into the public sphere.”
According to the piece, the leagues felt
that because they provide content, they should be eligible for a cut.
“The leagues said they should collect a
fee because they create the source of the betting and are responsible for
protecting it from fixing.
Senate Finance Committee Chairman William
Conley, a Democrat, said he wasn’t convinced by their arguments.”
AMMO Applies for Nasdaq Capital Market Listing,
Differential Brands Names New Hudson Jeans President, Churchill Downs Enters
Agreement with Golden Nugget and SBTech and Scythian Biosciences Secures CBD
Licensing for Colombia
Stocks discussed: (OTC:POWW), (NasdaqCM:DFBG),
(NasdaqGS:CHDN), (TSX:SCYB.V)
AMMO, Inc. (OTC:POWW) has submitted a listing application for
the Nasdaq Capital Market according to a press release today.
Differential Brands Group, Inc. (NasdaqCM:DFBG) has announced Maria Borromeo as President of Hudson
Jeans. Previously, Borromeo was the Co-founder and Chief Executive Officer of
Thakoon, LLC, a global luxury brand.
Churchill Downs Incorporated (NasdaqGS:CHDN) announced an agreement with Golden Nugget Atlantic City (“Golden Nugget”) to
“enter into the New Jersey real money online gaming (“iGaming”) and sports
betting markets, subject to sports wagering legislation and gaming license
approvals.” Churchill Downs also signed an agreement with SBTech “to provide its integrated technology platform for sports
betting and iGaming solutions across the United States.”
Scythian Biosciences Inc. (TSX:SCYB.V) has announced that ColCanna SAS has been licensed for the “cultivation and importation” of
CBD into Colombia.
Sam Mowers, Investorideas.com
Sports Stocks
- esports, sports media, sports teams, sports betting, fantasy sports, sports
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