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Grit, Gains, and Setbacks for Lottery.com and Sports.com Drivers in Fourth of July Weekend Battle at Mid-Ohio
Globenewswire· 2025-07-07 14:00
Core Insights - Lottery.com Inc. is actively involved in the NTT INDYCAR SERIES and INDY NXT, showcasing its brand through sponsorship of drivers and teams during high-profile racing events [2][8]. Performance Summary - Callum Ilott, driving for PREMA Racing, achieved his best result of the season by finishing P13 after starting from P24, demonstrating a strong recovery and effective race strategy [3][4]. - Louis Foster, a rookie with Rahal Letterman Lanigan Racing, qualified P6 and finished P14, maintaining his lead in the Rookie of the Year standings despite challenges during the race [5][6]. - Sebastian Murray, racing for Andretti Global, faced an early exit due to a collision on Lap 4, which ended his race prematurely after a promising start [7][8]. Company Statements - Matthew McGahan, CEO of Lottery.com and Sports.com, expressed pride in the drivers' performances, highlighting their achievements and the visibility of the brands during the Fourth of July weekend [8][9]. - Marc Bircham, Main Board Director, praised the drivers for their professionalism and competitive spirit, indicating confidence in their future performances as the season progresses [9]. Company Overview - Lottery.com Inc. operates a unified ecosystem that integrates gaming, entertainment, and sports, with brands including Sports.com, Tinbu, and WinTogether [10].
苏超进化
IPO日报· 2025-07-07 13:39
Core Viewpoint - The Jiangsu grassroots football league is experiencing a surge in popularity, with record attendance and significant commercial growth, highlighting the cultural significance of football in the region [1][2][3]. Group 1: Attendance and Engagement - The match between Nanjing and Suzhou teams on July 5 attracted 60,396 spectators, setting a new record for amateur football events in China, just 5,000 short of the highest attendance in Chinese Super League history [1]. - The enthusiasm for the league is evident, with over 200,000 tickets sold within 10 seconds for the "Jiangsu Derby" match, showcasing the high demand for local football [1]. Group 2: Innovative Measures and Sponsorship - To ensure smooth operations during high temperatures, innovative cooling technologies were implemented, including fog cannons and industrial ice blocks, effectively lowering the perceived temperature by over 5 degrees [2]. - The league has seen a dramatic increase in sponsorship, growing from 6 sponsors at its inception to nearly 30, including major brands like Heineken and JD.com, indicating a significant rise in commercial value [2]. Group 3: Cultural Impact and Community Involvement - The league has fostered a strong cultural identity in Jiangsu, with 95.2% of residents aware of the league, and nearly 80% being non-traditional fans, including homemakers and retirees [3]. - The ongoing success of the league is enhancing regional cultural recognition and economic circulation, serving as a model for similar cultural and sports initiatives in other regions [3].
Bob Costas warns legalized sports betting will ‘ruin some lives’: Full interview
NBC News· 2025-07-06 16:30
Bob Kostas, welcome back to Meet the Press and welcome back to NBC. Feels like I never left. Well, it's wonderful to have you here and to be sitting with you.The NBA season is winding down. We're in the middle of baseball season. The NFL is right around the corner, so it seemed like the perfect time to sit and have a conversation with you.Okay. You of course retired from Playbyplay announcing last year. What has this chapter of your life been like.You know, I really think that for a number of years I was ri ...
X @Forbes
Forbes· 2025-07-06 12:00
Which NBA teams had the highest valuations last season? https://t.co/gXU8Caez1k https://t.co/gXU8Caez1k ...
热搜第一!南京VS苏州,“苏超”诞生2项纪录
新浪财经· 2025-07-06 00:14
"苏超"再创 纪录 ! 相关话题也冲上热搜第一。 据21世纪经济报道此前报道,6月14日到15日的周末,因"苏超"热度,美团旅行上的江苏 省旅游订单量一跃成为全国第一,周环比增长50%,省会南京旅游订单量领军全国,苏 州、扬州纷纷跻身前十,呈现"全面开花"的火爆态势。 "赛事经济"也激活了江苏的美食消费,美团数据显示,"苏超"比赛期间,异地消费者贡献 的江苏餐饮堂食订单量同比增长超49%。在淮安东高铁站,关于"盐水鸭,小龙虾请你游淮 安"的"苏超"广告牌随处可见。 图源:澎湃新闻 近期,在江苏淮安的一个周末,21记者看到很多家长带着小朋友,穿着同款"南哥来了"的 蓝色衣服,涌向淮安体育中心看"苏超",这些多是从南京到淮安看比赛的球迷。虽然赛场 内不能买卖啤酒,但他们可以看完比赛就去淮安盱眙的万人龙虾宴,享受夏日啤酒+小龙 虾。 7月5日晚19:30,江苏省城市足球联赛第六轮焦点战——南京队主场迎战苏州队在南京奥体 中心火爆开赛。比赛进行到75分钟,现场上座牌显示,本场观赛人数达60396人,打破了 上周刚创下的"苏超"联赛单场上座纪录 。 在60396名现场观众的注视下,"苏超"诞生了首 场0比0平局的比赛。 ...
X @Forbes
Forbes· 2025-07-05 02:30
Why The Golden State Valkyries Will Be The WNBA’s Most Valuable Team Next Year https://t.co/jvMnQmcNbL https://t.co/jvMnQmcNbL ...
How Strong is DraftKings' Path to Free Cash Flow in 2025?
ZACKS· 2025-07-04 13:16
Core Insights - DraftKings Inc. is shifting from a high-growth model to a disciplined, cash-generating business, with 2025 expected to be a pivotal year for the company [1] - The company has reaffirmed its free cash flow target of $750 million, indicating improvements in core business fundamentals such as margin expansion and promotional efficiency [1][5] - Despite short-term volatility from sports outcomes, DraftKings is leveraging strong operational capabilities to pursue long-term cash generation [1] Financial Performance - In Q1 2025, DraftKings reported $103 million in adjusted EBITDA, a significant increase from $22.4 million in the same period last year, despite a $170 million revenue hit from unfavorable sports outcomes [2] - Management anticipates a substantial increase in EBITDA for Q2, projecting it to exceed $200 million, driven by sportsbook handle [2] - The structural sportsbook hold is expected to rise from 10.4% in Q1, contributing to improved net revenue margins in the range of 7-7.5% [3] Margin and Revenue Expectations - DraftKings expects to generate an additional $50 million in revenues and $37 million in EBITDA in 2025 through optimized promotional spending and improved margins [3] - The company forecasts an adjusted gross margin of 46% in 2025, reflecting an increase of over 300 basis points year-over-year [3] Regulatory Environment - The operating environment remains challenging due to regulatory issues, including Maryland's tax hike on sports betting and Jackpocket's exit from digital lottery operations, which together are expected to impact revenues by $30 million and EBITDA by $26 million [4] Capital Discipline - DraftKings is maintaining strong capital discipline, with an expected $100 million gap between adjusted EBITDA and free cash flow, supported by low capital expenditures and controlled working capital [5] - The company has $1.1 billion in cash on its balance sheet, positioning it well to meet its 2025 free cash flow target [5] Stock Performance and Valuation - DraftKings shares have increased by 24% over the past three months, compared to the industry's growth of 40.5% [6] - The stock is currently trading at a forward 12-month price-to-sales multiple of 5.31X, significantly higher than the industry average of 3.66X [7] Earnings Estimates - The Zacks Consensus Estimate for DraftKings' 2025 earnings per share has been revised upward from $1.40 to $1.46, indicating strong analyst confidence in the stock's near-term prospects [8] - Projections suggest a 239.1% rise in earnings for DraftKings in 2025, while competitors like Accel Entertainment and Boyd Gaming are expected to see declines [10]
Fourth of July Weekend: Lottery.com and Sports.com Drivers Revved Up for Mid-Ohio Challenge
Globenewswire· 2025-07-04 11:00
Core Viewpoint - Lottery.com Inc. is actively involved in the NTT INDYCAR SERIES and INDY NXT by sponsoring drivers, aiming to enhance brand visibility and engagement in the sports and entertainment sectors [2][10]. Company Involvement - Lottery.com and Sports.com are sponsoring a driver trio participating in the 2025 NTT INDYCAR SERIES at the Mid-Ohio Sports Car Course, a significant event in the racing calendar [2][10]. - The company is focused on building momentum and consistency through its sponsorship, as the racing season intensifies with multiple events in July [5][9]. Driver Performance - Louis Foster, a rookie driver sponsored by Sports.com, has shown promising results, including a pole position at Road America and is currently just two points off the lead in the Rookie of the Year standings [4][5]. - Callum Ilott, driving for PREMA Racing, aims to improve his performance at Mid-Ohio after achieving his best result of the season at Road America [6][7]. - Sebastian Murray, making his debut at Mid-Ohio with Andretti Global, is noted for his recent strong performance and is considered a driver to watch as the competition tightens [8][9]. Event Details - The Mid-Ohio Sports Car Course is a 2.258-mile track known for its technical challenges, featuring 90 laps this year, which is an increase of 10 laps from 2024 [3][6]. - The event schedule includes practice sessions, qualifying, and the race, with broadcasts available in the USA and UK [9]. Leadership Commentary - Matthew McGahan, Chairman & CEO of Lottery.com and Sports.com, expressed pride in the drivers' performances and emphasized the importance of maintaining momentum during the racing season [10]. - Marc Bircham, Director of Lottery.com and Sports.com, highlighted the impressive performances of the drivers and the significance of the Mid-Ohio event as a driver's track [10].
These Were The 2 Best-Performing Stocks in the Dow Jones Industrial Average in June 2025
The Motley Fool· 2025-07-04 10:52
Market Overview - June saw significant gains in the stock market, driven by solid economic data, reduced trade war concerns, and the Federal Reserve's indication of planned rate cuts [1][3] - The S&P 500 reached an all-time high, while the Dow Jones Industrial Average also finished with solid gains despite not reaching its peak from December 2024 [1] Company Performance - **Goldman Sachs (Up 17.9%)** - Goldman Sachs experienced a nearly 18% increase in stock price, benefiting from the overall market uptrend, a recovering IPO market, and anticipated Fed rate cuts [4] - The company showed the largest year-over-year improvement in the Fed's stress test results, potentially allowing a 300 basis point reduction in its stress capital buffer, enhancing financial flexibility [5] - Despite strong past performance, further gains are contingent on continued economic health [5] - **Nike (Up 17.3%)** - Nike's stock surged following a better-than-expected earnings report, despite ongoing challenges from previous management and anticipated tariff-related costs of $1 billion this year [7] - The positive earnings results and guidance lifted investor sentiment, indicating potential for recovery, although it may take years [8] - Nike's strategic moves to rebuild wholesale relationships and invest in new products appear to be yielding positive results, positioning the stock as a long-term investment opportunity [8]
Tarkett - Information on the total number of voting rights and shares in Tarkett’s share capital as of June 30th, 2025
Globenewswire· 2025-07-04 09:48
Company Overview - Tarkett is a global leader in innovative and sustainable flooring and sports surface solutions, with a history of over 140 years [2] - The company generated a turnover of €3.3 billion in 2024 and employs nearly 12,000 people [2] - Tarkett operates 24 R&D centers, 8 recycling centers, and 35 production sites, serving customers in over 100 countries [2] Voting Rights and Shares - As of June 30, 2025, Tarkett's total number of shares in the share capital is 65,550,281 [1] - The total number of theoretical voting rights is 123,569,728, while the number of exercisable voting rights is 123,551,169 after deducting treasury shares without voting rights [1]