#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..
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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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