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Lottery.com and Sports.com Power Triple Driver Lineup at Detroit Grand Prix
Globenewswire· 2025-05-30 13:10
Core Viewpoint - Lottery.com Inc. and Sports.com are enhancing their brand visibility through sponsorship of three drivers in the INDYCAR SERIES and INDY NXT, aiming to build long-term equity in sports and entertainment sectors [1][10][11] Sponsorship Details - The sponsorship includes Callum Ilott, who will prominently display the Lottery.com logo on his helmet for the remainder of the 2025 season after a strong performance at the Indianapolis 500 [3][4] - Louis Foster, who earned Top Rookie Honors at the Indy 500, will showcase Sports.com branding on his car, reflecting the company's commitment to supporting elite racing talent [6][7] - Sebastian Murray, the youngest driver in the INDY NXT series, will carry Lottery.com branding on his vehicle, symbolizing the company's focus on emerging motorsport talent [8][9] Strategic Importance - The sponsorship is viewed as a movement towards building global brand recognition and enhancing fan engagement in one of the most watched racing series [10][11] - The partnerships are expected to signal to shareholders that the company is making strides to increase the value of its premium brand assets [11]
BetMGM Champions Women's Sports with Las Vegas Aces and WNBA Partnerships
Prnewswire· 2025-05-28 13:30
Core Insights - BetMGM has entered into a partnership with the Las Vegas Aces, becoming the exclusive online casino and sportsbook partner for the WNBA team through the 2027 season, marking its first major collaboration with a women's professional sports franchise [1][2][3] - The partnership includes various promotional activities, such as signage at the Michelob ULTRA Arena, sponsorship on Aces' social media, and exclusive experiences for BetMGM players [1][2] - BetMGM will also serve as an authorized gaming partner of the WNBA, gaining commercial inventory on nationally televised games and the rights to co-branded content [2][3] Partnership Details - The "BetMGM Steals for Meals" program will donate $50 to The Just One Project for every steal made by the Aces during home games, aimed at supporting food-insecure families [3][4] - BetMGM plans to launch a WNBA-branded online slot game, which will be the first-ever WNBA online casino game, available exclusively on its platform [2][3] Market Growth - BetMGM reported a 133% year-over-year growth in betting on the WNBA during the 2024 season, reflecting the increasing popularity of women's sports [4] - The WNBA has seen significant growth in fan engagement, and BetMGM aims to leverage this momentum by expanding its betting markets and enhancing fan experiences [5] Company Background - BetMGM is a leading sports betting and gaming entertainment company, formed through a partnership between MGM Resorts International and Entain Plc, and has exclusive access to MGM's U.S. sports betting and online gaming operations [7] - The Las Vegas Aces have achieved notable success, including back-to-back WNBA Championships in 2022 and 2023, and have established a strong fan base, selling out their season ticket allotment in 2024 [8][9]
Alstom S.A: 2024/25 Universal Registration Document available
Globenewswire· 2025-05-28 13:11
Group 1 - Alstom filed its 2024/25 Universal Registration Document with the Autorité des marchés financiers (AMF) on 28 May 2025, which includes the Annual Financial Report [1] - The document is publicly available for free on Alstom's website and the AMF website [1] - Alstom generated sales of €18.5 billion for the fiscal year ending on 31 March 2025 [2] Group 2 - Alstom is committed to developing innovative and sustainable transportation solutions to contribute to a low carbon future [2] - The company operates in 63 countries and employs over 86,000 people from 184 nationalities [2] - The 2024/25 Universal Registration Document includes consolidated financial statements, statutory accounts, and reports from Statutory Auditors [4]
Dick's Sporting Goods(DKS) - 2026 Q1 - Earnings Call Transcript
2025-05-28 13:02
Financial Data and Key Metrics Changes - The company reported a consolidated sales increase of 5.2% to $3.17 billion, with Q1 comparable sales increasing by 4.5% [19][12] - Non-GAAP EPS was $3.37, a 2.1% increase from $3.30 in the previous year [23] - Gross profit for Q1 was $1.17 billion, representing 36.7% of net sales, an increase of 41 basis points from last year [20] - The tax rate increased from 19.6% to approximately 24% due to higher employee equity awards exercised in the prior year [22] Business Line Data and Key Metrics Changes - Growth was observed across key categories, particularly in footwear, apparel, and team sports [90] - The average ticket increased by 3.7%, and transactions rose by 0.8% [19] - The company opened two additional House of Sport locations and four new Fieldhouse locations in Q1, with plans to open approximately 16 total in 2025 [15] Market Data and Key Metrics Changes - The company continues to gain market share from online-only and omnichannel retailers, with a 9.8% two-year comp stack and a 13.4% three-year comp stack [19] - The company has acquired over 20 million new athletes in the past three years, indicating strong market penetration [14] Company Strategy and Development Direction - The company announced plans to acquire Foot Locker, aiming to create a global leader in the sports retail industry and participate in a $300 billion global sports retail market [9][10] - The strategic focus includes repositioning real estate, driving growth in key categories, and accelerating e-commerce business [15][16] - The company is investing in technology and marketing to enhance the omnichannel athlete experience [16] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the complex macroeconomic environment but expressed confidence in the company's strong position and growth strategies [13][14] - The company reaffirmed its guidance for 2025, expecting comp sales growth of 1% to 3% and EPS in the range of $13.80 to $14.40 [14][28] - Management emphasized the importance of long-term investments and the potential for significant synergies from the Foot Locker acquisition [36] Other Important Information - The company ended Q1 with approximately $1 billion in cash and cash equivalents, with no borrowings on its credit facility [23] - Inventory levels increased by 12% compared to last year, with a focus on key items and categories [24] Q&A Session Summary Question: Insights on the Foot Locker transaction - Management acknowledged shareholder concerns but emphasized the long-term benefits of the acquisition, including operational efficiencies and market share growth [36][37] Question: Updates on tariffs and pricing strategies - Management confirmed that all known tariffs have been factored into guidance and expressed confidence in managing pricing effectively [44][45] Question: Durability of comp strength - Management noted that while there are higher comps to lap in the second half of the year, the underlying consumer strength remains robust [51][52] Question: Nike's distribution strategy - Management expressed confidence in the partnership with Nike and anticipated minimal overlap in product distribution [55][56] Question: Category performance in Q1 - Management reported growth across footwear, apparel, and team sports, with positive momentum throughout the quarter [90] Question: Impact of tariffs on inventory - Management indicated no impact from tariffs in Q1 and is working closely with brand partners to manage inventory flow [93] Question: Golf Galaxy performance - Management highlighted the importance of golf as a growth category and the success of Golf Galaxy Performance Centers [100] Question: Game Changer business and crossover with DICK'S shoppers - Management noted that Game Changer users are highly engaged DICK'S shoppers, and efforts are being made to drive crossover between the two [102][104]
MMA.INC and UFC Gym Group Celebrate Sold-Out Inaugural Finale Fight Night at Flagship Huntington Beach, California Gym
Globenewswire· 2025-05-28 12:30
Core Insights - Mixed Martial Arts Group Limited (MMA) successfully launched its inaugural finale fight night event in partnership with UFC Gym, showcasing the growing prestige and reach of MMA globally [1][2][3] - The event is part of a multi-year strategic partnership aimed at launching branded programming, amateur fight events, and training platforms across over 150 UFC Gym locations worldwide [3][4] - The collaboration is projected to generate approximately $7 million in annual revenue once fully operational, with revenue opportunities from event ticketing, branded training programs, merchandise, and media rights [4] Company Overview - MMA operates four core business units: TrainAlta, Hype, MixedMartialArts.com, and BJJLink, focusing on transforming fans into active participants, aiding gym owners and coaches in revenue growth, and providing resources for MMA news and gym management [6] - The company has over 5 million social media followers, 530,000 user profiles, 50,000 active students, and 800 verified gyms across 16 countries, indicating a strong engagement and presence in the martial arts landscape [7] Event Highlights - The sold-out event featured notable combat sports figures, including UFC Gym CEO Adam Sedlack and global boxing superstar Ryan Garcia, emphasizing the event's significance and the potential of the partnership [2][3] - The packed attendance and star-studded engagement at the event provide strong early evidence of the commercial viability and audience enthusiasm anticipated from the full rollout of the partnership [4][5]
Lottery.com and Sports.com Driver Receives Top Rookie Honors at the Indy 500
Globenewswire· 2025-05-27 12:53
INDIANAPOLIS, May 27, 2025 (GLOBE NEWSWIRE) -- In the running of the 109th Indianapolis 500, Louis Foster delivered a headline-grabbing performance as Top Rookie finisher, proudly representing Sports.com and Lottery.com Inc. (Nasdaq: LTRY; LTRYW) (“Lottery.com” or “the Company”) in what marked a milestone weekend for the brands' growing presence in global motorsport. Callum Ilott (red) and Louis Foster (black) stand next to the Borg-Warner Trophy prior to the start of the 2025 Indy 500. Driving the #45 De ...
Bally's (BALY) Earnings Call Presentation
2025-05-25 14:11
Transformational Bet.WorksAcquisition & Sinclair Broadcast Group Partnership November 19, 2020 © Bally's Corporation 2020 – All rights reserved Forward-Looking Statements — Bally's Corporation This presentation contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements, other than historical facts, including future fi ...
DraftKings' March Madness Miss: Wall Street Sees +50% Upside
MarketBeat· 2025-05-23 14:26
Core Viewpoint - DraftKings has lowered its revenue guidance for 2025 and missed first-quarter revenue estimates, but the company still shows potential for growth despite recent challenges [4][5][10]. Group 1: Financial Performance - DraftKings reported revenue of just over $1.4 billion for the first quarter, reflecting a growth rate of 20%, which was slightly below the nearly 22% growth anticipated by analysts [4]. - The company has lowered its revenue guidance for 2025 to approximately $6.3 billion, a decrease of $150 million from previous estimates [5]. - Monthly unique payers (MUPs) have increased significantly from about 900,000 at the end of 2020 to 4.3 million in the most recent quarter, indicating strong user growth [2][13]. Group 2: Market Reactions and Analyst Outlook - Despite the lowered guidance, DraftKings' stock rose over 2% after the earnings release, suggesting that investor sentiment remains relatively stable [11]. - The average drop in price targets among analysts was less than 1%, with new price targets averaging over $55 per share, indicating a potential upside of 55% compared to the closing price on May 21 [12]. - Analysts maintain a Moderate Buy rating for DraftKings, reflecting confidence in the company's long-term prospects despite recent setbacks [15]. Group 3: Industry Context and Future Potential - The March Madness betting outcomes negatively impacted DraftKings, as higher-seeded teams won 82% of the time, leading to significant losses for the company [10]. - The company expects its adjusted gross margin to increase by 300 basis points in 2025 compared to 2024, indicating potential for improved profitability [13]. - DraftKings currently operates online sports betting in about half of the U.S. states, presenting substantial opportunities for future expansion [14].
Actelis Networks Receives $100K Follow-On Order from Major Mid-Atlantic US County for Continued Traffic Management System Modernization
Globenewswire· 2025-05-21 20:45
Core Insights - Actelis Networks, Inc. has received a follow-on order worth $102,000 from a major Mid-Atlantic US county to enhance its Advanced Transportation Management System (ATMS) operations, building on a previous $260,000 project announced in July 2024 [1][2] Company Overview - Actelis is a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, focusing on hybrid fiber-copper technology [5] - The company provides AI-based cyber monitoring and protection for edge devices, enhancing network security and resilience [5] Market Position - The new order reinforces Actelis' position as a trusted provider of critical networking infrastructure for intelligent transportation systems across the nation [2][3] - Recent deployments in cities such as Seattle, Orange County, and Eugene, as well as projects in Northern Ireland and other regions, highlight Actelis' growing recognition in the global market [4] Technology and Solutions - The order aims to support the county's Transportation Systems Technical operations, providing secure, high-performance connectivity for smart transportation applications, including automated traffic signal control and real-time intersection monitoring [3][4] - Actelis' hybrid-fiber technology allows for rapid extension of digital capabilities, enhancing safety, reducing congestion, and improving transportation efficiency [4]
Bird Adds $525 Million of New Awards Across Key Market Sectors
Globenewswire· 2025-05-21 11:45
MISSISSAUGA, Ontario, May 21, 2025 (GLOBE NEWSWIRE) -- Bird Construction Inc. (TSX: BDT) is pleased to announce that it has been awarded three projects with a combined value of over $525 million across its buildings and infrastructure businesses. Bird has been selected to deliver the Transportation Safety and Technology Science (TSTS) Hub, a 120,000 sq. ft. facility in Ottawa, Ontario. This hub will bring together federal scientists and investigators to advance transportation safety technology and science, ...