Investor Ideas, Trading Ideas and Stocks to Watch : #PlaybyPlay #Podcast: Electronic Arts (NasdaqGS: $EA) Renews Partnership with CONMEBOL and EA Sports, and Vail Resorts (NYSE: $MTN) Posts Q3 Results

Friday, June 09, 2023

#PlaybyPlay #Podcast: Electronic Arts (NasdaqGS: $EA) Renews Partnership with CONMEBOL and EA Sports, and Vail Resorts (NYSE: $MTN) Posts Q3 Results

#PlaybyPlay #Podcast: Electronic Arts (NasdaqGS: $EA) Renews Partnership with CONMEBOL and EA Sports, and Vail Resorts (NYSE: $MTN) Posts Q3 Results

Florida Panthers Score First Win in Stanley Cup Finals, and Miami Heat Looking to Tie NBA Finals Series in Game 4 Tonight

Vancouver, Kelowna, Delta, BC, June 9, 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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https://www.investorideas.com/Audio/Podcasts/2023/060923-Sports.mp3

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Electronic Arts Inc. (NasdaqGS:EA) and CONMEBOL, the oldest continental confederation in the world and the governing body of football in South America, have announced a historic multi-year partnership renewal with the former’s EA SPORTS division. This will maintain EA SPORTS as CONMEBOL’s exclusive Sports Video Gaming Partner, ensuring South America's most prestigious football competitions will be shared with millions of fans around the world as part of the new EA SPORTS FC™ brand ecosystem. David Jackson, VP Brand, EA SPORTS FC, said:

"Authenticity is at the very core of the EA SPORTS FC experience, and through our renewed partnership with CONMEBOL we can celebrate and elevate South American football on a global level. Our federation partners are key to building an innovative and evolving football platform for fans worldwide, and we are thrilled that CONMEBOL shares our vision for the future of football with EA SPORTS FC."

Vail Resorts, Inc. (NYSE:MTN) has reported its results for the third quarter of fiscal 2023 ended April 30, 2023. Highlights include an attributable net income of $325 million, and a total net revenue of $1.23 billion for the quarter. Kirsten Lynch, the company’s CEO, said:

"We are pleased with our overall results for the quarter and for the 2022/2023 North American ski season, with strong growth in visitation and spending versus the prior year. After the challenges experienced in the second quarter of fiscal 2023 driven by weather disruptions in Tahoe and across our Midwest, Mid-Atlantic and Northeast resorts, the results in March and April improved as expected, with strong demand from local and destination guests, driving visitation and resort net revenue above prior year record levels.”

Florida Panthers Score First Win in Stanley Cup Finals, and Miami Heat Looking to Tie NBA Finals Series in Game 4 Tonight

The Florida Panthers have won their first game in the Stanley Cup Final after beating the Las Vegas Golden Knights 3-2 last night. The Panthers’ Centre Carter Verhaeghe scored the game-winning goal 4:27 into overtime. Florida winger Matthew Tkachuk had to leave the game early in the first period after a hit from Vegas forward Keegan Kolesar, but returned in the third period to score the tying goal with 2:13 left in regulation. According to coverage by the Associated Press, Tkachuk commented:

“I felt great — I feel great. I’m ready to go. Everybody’s excited that we’re in this position right now.”

The Golden Knights still lead the title series 2-1.

Similarly, the NBA Finals are at 2-1 after the Denver Nuggets took the series lead by beating the Miami Heat 109-94 on Wednesday night. With Game 4 scheduled for tonight in Miami, Heat forward Kevin Love told the AP:

“Stay in the saddle, stay the course. That’s the biggest thing we can do. We have a game plan that is proven to work. … If anybody is capable of it, we are. Continue to drill, continue to stay true to our concept, no slip-ups. If we do that, we feel we can give ourselves a chance.”

Sam Mowers, Investorideas.com

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