FORT WORTH, Dallas, June 11, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or “the Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, today announces its growth strategy for Nook Holdings Limited (“Nook”), the UAE-based sports and wellness incubator located at One JLT, Dubai. The Company is expected to complete its acquisition of a ninety percent (90%) ownership stake in Nook on or before June 30, 2025. The Company has ...

Core Insights - Dave & Buster's Entertainment shares experienced a significant increase of up to 19.2% despite a disappointing earnings report, ultimately settling at a 15.4% gain by midday [1] Financial Performance - In Q1, Dave & Buster's reported sales of $567.7 million, a decline of 3.5% year over year, falling short of the Wall Street expectation of $573.3 million [3] - Adjusted earnings per diluted share decreased from $1.12 to $0.76, compared to the analyst consensus of $1.01 per share [3] Management Commentary - Interim CEO Kevin Sheehan acknowledged the disappointing Q1 results but emphasized that the "back to basics" turnaround plan is showing positive effects [3][4] - Sheehan did not provide specific revenue or earnings guidance but reiterated the full-year spending targets previously set [4] Investor Sentiment - Investors reacted positively to management's optimistic commentary despite the weak financial results, indicating a level of confidence in the company's future [5] - The transition in leadership, following the departure of former CEO Chris Morris, has raised concerns, but Sheehan's comments have helped stabilize investor sentiment [6][7] Valuation Metrics - Dave & Buster's current valuation presents a mixed picture, with high multiples based on reported profits but a forward P/E ratio of 12.1, suggesting analysts anticipate a strong turnaround [7][8]

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现场音乐行业，被资本盯上了。 最近，美国私募股权公司Providence Equity Partners宣布，已经收购总部位于纽约的演出后勤物流公司Global Critical Logistics（GCL）的控股权，交易的财 务条款尚未披露，但《华尔街日报》报道称此次交易价值超过10亿美元。 交易完成后，GCL前控股股东ATL Partners将保留少数股权，Providence则成为大股东。 表面上看，这是一桩围绕演出物流的常规并购。 那么，为什么不少业内人士称之为意义非凡的收购？物流公司为什么会被资本选中？现场娱乐行业又为什么成了继版权之后的下一块资本必争之地？ 演出后勤物流公司，凭什么值超10亿美元？ 随着Providence对GCL完成收购，顺着这条线索，音乐先声看到了一场深远而精准的产业整合棋局正在成型。 据了解，GCL旗下核心的演出物流公司Rock-it Cargo，自上世纪70年代末就深度服务于Led Zeppelin、Queen等老牌传奇艺术家的巡演，近几年，也参与了 Beyoncé、Taylor Swift 等超级巨星的全球巡演。Rock-it提供的不只是运输，更是一套涵盖跨国调度、设备清 ...

For the quarter ended April 2025, Dave & Buster's (PLAY) reported revenue of $567.7 million, down 3.5% over the same period last year. EPS came in at $0.76, compared to $1.12 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $563.52 million, representing a surprise of +0.74%. The company delivered an EPS surprise of -20.83%, with the consensus EPS estimate being $0.96.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Core Viewpoint - Dave & Buster's Entertainment, Inc. reported a decrease in financial performance for the first quarter of fiscal 2025, but the leadership is optimistic about a recovery driven by strategic changes in operations and marketing [4][5]. Financial Summary - Total revenue for the first quarter was $567.7 million, down 3.5% from $588.1 million in the same quarter of fiscal 2024 [6][7]. - Comparable store sales decreased by 8.3% compared to the first quarter of fiscal 2024 [6][7]. - Operating income was $63.2 million, representing 11.1% of revenue, compared to $85.5 million or 14.5% of revenue in the prior year [6][9]. - Net income totaled $21.7 million, or $0.62 per diluted share, down from $41.4 million, or $0.99 per diluted share in the first quarter of fiscal 2024 [7][8]. Operational Highlights - The company opened two new stores and relocated one during the first quarter, with two additional stores opened after the quarter ended [7]. - A total of 13 stores were remodeled in the first quarter [7]. - The company repurchased $23.9 million worth of shares, representing 2.9% of outstanding shares as of the end of fiscal 2024 [11]. Cash Flow and Liquidity - Operating cash generated during the first quarter was $95.8 million, with available liquidity of $423.2 million at the end of the quarter [10]. - The company ended the quarter with a Net Total Leverage Ratio of 3.1x [10][43]. Outlook - The company reiterated its outlook for fiscal 2025, including capital expenditures on new stores, remodels, and other initiatives [13].

Core Points - Paramount Global is laying off 3.5% of its US workforce as part of ongoing cost-cutting measures due to declining cable TV subscribers [1] - The company previously reduced its workforce by 15% last year as part of a $500 million cost-cutting plan [1] - Paramount ended 2024 with 18,600 employees worldwide [1] Company Strategy - Co-CEOs stated that the layoffs are necessary to streamline the organization and prioritize the streaming business amid industry-wide declines [2] - The executives emphasized the need to address the current operating environment to position Paramount for future success [2] Workforce Impact - The layoffs will primarily affect the US workforce, but there is potential for future cuts to the international workforce [3] Merger and Legal Issues - Paramount is awaiting regulatory approval for its $8.4 billion merger with Skydance Media, which is currently in limbo due to ongoing legal issues [3] - The company is involved in mediation talks regarding President Trump's $20 billion lawsuit related to CBS News' "60 Minutes" program [5][6] - The Federal Communications Commission is investigating the lawsuit, which could impact the merger approval process [5]

技术层面，大模型在规模、长上下文处理及多模态融合等领域持续突破，DeepSeek、ChatGPT等引领全球发展，我国科技企业则聚焦中文场景与垂直应用 落地，加速技术实用化进程。AI与文娱产业的深度融合已成为关键趋势——人工智能高效承担基础性工作，释放人类创造力，使"创意"本身成为产业的核 心价值所在。 影视领域，2024年3月，我国首部AI全流程微短剧上线，其美术、分镜、视频、配音、配乐均由AI完成 ，标志着AI制作流程的全面落地。传统3A游戏也 引入了先进AI技术，例如《黑神话：悟空》以高精度3D扫描技术为基础，结合虚幻引擎5和英伟达RTX光追技术，实现了逼真自然的人物动作与光影效 果，带来震撼的视觉体验。 据研究机构Precedence Research预测，2025年全球人工智能市场规模将达到2.3万亿元，同比增长38%。AIGC价值不断凸显的同时，已经有越来越多的科技 企业和内容创作者开始意识到，AI生产工具正在让内容生产边际成本几近归零。而文娱领域作为技术落地的最佳场景之一，也将因此获得更多发展机 遇。 值此产业跃迁的关键时刻，由珀乐科技、生数科技、Vast联合主办，36氪战略合作的ChinaJoy ...

6 June 2025 | 1:41PM HKT Key highlights: Kling 2.1 offer more price affordability: Kuaishou recently launched its Kling 2.1 version with a much lower price vs. 2.0 master, at per video cost of US$0.27-0.47 or 60-80% lower vs. 2.0 version. This will put Kling's product at more competitive position, we note global leading peers such as Google's VEO 3 is now offering the service at a bundle plan ($250/month) with limited number of video generation per day. Further Kling monetization upside on expanding use cas ...