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Is DraftKings Winning the Customer Acquisition War in Sports Betting?
ZACKS· 2025-07-16 15:11
Key Takeaways DKNG is gaining ground in U.S. sports betting with strong Q1 user growth and efficient promo spending. Product innovations like live betting and same-game parlays now drive over half of DKNG's total handle. DKNG's structural hold rose to 10.4% as maturing users and lower promos improve contribution margins.DraftKings Inc. (DKNG) appears to be outpacing rivals in the customer acquisition battle across the competitive sports betting landscape. In first-quarter 2025, the company posted robust m ...
SEGG Media Invests in Veloce Media Group to Accelerate Strategic Expansion in Esports, Motorsports and Immersive Digital Content
Globenewswire· 2025-07-16 14:30
A Media Snippet accompanying this announcement is available by clicking on this link. FORT WORTH, Texas, July 16, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation, formerly Lottery.com Inc., (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”), a leading technology company transforming the global intersection of sports, entertainment and gaming today announced a strategic investment into Veloce Media Group (“Veloce”), one of the fastest-scaling digital platforms operating at the intersection of sport, gami ...
SEGG Media Corporation Announces Next Steps in Corporate Transition with Planned CUSIP Number Change to Strengthen Shareholder Protections
Globenewswire· 2025-07-16 12:33
Core Viewpoint - SEGG Media Corporation, formerly known as Lottery.com Inc., is undergoing a corporate transition that includes a CUSIP number change to enhance shareholder protection and market transparency while addressing concerns about illicit trading activities [1][2][3]. Group 1: Corporate Transition - The company has completed its corporate rebrand and is now trading under the ticker symbol 'SEGG' [2]. - The CUSIP change is part of a broader strategy to modernize SEGG's market identity and improve protections against negative trading practices, particularly short selling [2][3]. Group 2: Regulatory Actions - SEGG Media is collaborating with outside counsel to investigate potential illegal market activities, including naked short selling, to protect shareholder interests [3]. - The CUSIP change is seen as a protective measure in response to observed shorting patterns and potentially unlawful activities targeting the company's stock [3]. Group 3: Company Commitment - SEGG Media is committed to safeguarding shareholder value and pursuing an aggressive roadmap focused on acquisitions, innovation, and global expansion in the sports, entertainment, and gaming sectors [3]. Group 4: Company Overview - SEGG Media operates a portfolio of digital assets, including Sports.com and Lottery.com, and is focused on immersive fan engagement, ethical gaming, and AI-driven live experiences [5].
Tarkett once again achieved the EcoVadis platinum medal, confirming its ranking in the top 1% of the most responsible companies
Globenewswire· 2025-07-16 06:45
Core Insights - Tarkett has been awarded the platinum medal by EcoVadis for the second consecutive year, recognizing its leadership in corporate social and environmental responsibility [1] - The company ranks in the top 1% of 130,000 companies assessed by EcoVadis, achieving an overall score of 86/100, which is an improvement from its previous score of 81/100 [2][3] - Tarkett is the only multi-product company in the flooring and sports surfaces sector to achieve this level of rating [2] Sustainability Performance - The EcoVadis assessment evaluates companies based on four key pillars: environment, labor & human rights, ethics, and sustainable procurement [3] - Tarkett's sustainability roadmap for 2030 has been approved by the Science Based Targets initiative (SBTi) in 2023, aligning with its commitment to a low-carbon, circular economy [3][4] - The company has been recognized annually since 2023 in the European Climate Leaders ranking by the Financial Times and Statista, and received an A rating from the Carbon Disclosure Project (CDP) for its climate action, placing it in the top 2% of 24,800 assessed companies [5] Company Overview - Tarkett has over 140 years of history and reported sales of €3.3 billion in 2024 [6] - The company employs nearly 12,000 people and operates 24 R&D centers, 8 recycling centers, and 35 production sites [6] - Tarkett serves customers in over 100 countries, focusing on sustainable solutions for various sectors including healthcare, education, hospitality, and sports [6]
X @Bloomberg
Bloomberg· 2025-07-16 05:12
The NBA has officially begun the process to expand for the first time in more than two decades https://t.co/Qkc3OaIvDo ...
Sport Knows No Borders! Guizhou’s Rural Sports Documentary Our Arena Airs in Mexico
Globenewswire· 2025-07-16 05:03
Core Viewpoint - Guizhou Province is positioning itself as a leading international mountain tourism destination and wellness retreat, leveraging grassroots sports events to enhance cultural exchange and attract global attention [1][2]. Group 1: Promotion of Guizhou - Guizhou has actively promoted itself as a top international mountain tourism destination and a premier wellness retreat within China [1]. - The province's grassroots sports events, such as "Cun Chao" and "Cun BA," have gained nearly 100 billion online views, showcasing their viral popularity [1]. Group 2: International Engagement - Teams and athletes from countries including the US, Mexico, South Africa, Brazil, and Italy have visited Guizhou to participate in friendly matches and experience local culture [1]. - The events provide foreign viewers with a genuine glimpse into Chinese village life, fostering international interest and engagement [2]. Group 3: Cultural Exchange through Media - Mexico's national Channel 11 is airing the documentary series "Our Arena," which highlights the stories of six individuals from Guizhou, aiming to deepen understanding between cultures [2]. - The series emphasizes the themes of dreams, unity, and the transformation of rural China, using sport as a medium for connection [3].
LI NING(2331.HK):MORE CHALLENGES TO THE FULL YEAR GUIDANCE AFTER WEAK “618”
Ge Long Hui· 2025-07-16 03:24
机构:中银国际 研究员:Tony LI/Penny PENG LN announced that its 2Q25 retail sell-through increased by 1% YoY only, weaker than its expectations but in line with our channel check. This reflected the competitive landscape for sportswear brands has become tougher in 1H25, and LN, still undergoing its reform initiatives, could be vulnerable to such pressure. Its mgmt. saw such trend continued in early 3Q, and expect it could be difficult to maintain 2025 full year GPM as last year's level. We expect this could imply furt ...
X @The Wall Street Journal
In the standings, the Atlanta Braves have been one of the most disappointing teams in baseball this season.But off the field, their Battery Atlanta home has turned them into an economic juggernaut—and the envy of the rest of baseball.⚾️ https://t.co/jTIMq2GR6v https://t.co/9Ce2LZ6D5J ...
X @The Wall Street Journal
When Jayden Higgins signed his rookie contract with the Houston Texans, it looked like a routine transaction. Instead, it has led to an unprecedented standoff between teams and players. https://t.co/vLe2ijyXdB ...
高盛:中国消费背景平淡,2025 年第二季度盈利风险上升
Goldman Sachs· 2025-07-15 01:58
14 July 2025 | 8:23PM HKT China Consumer Pulse check: Unexciting consumption backdrop with increasing risks to 2Q25 earnings The overall China consumption trend appears unexciting in 2Q25, and we observed sequentially softer trends in multiple sectors including spirits (along with headwinds from policy tightening on anti-extravagance), dairy, sportswear, cosmetics, condiments, and prepared food, though headline numbers (NBS retail sales growth, 618 GMV growth) showed resiliency supported by continuous trade ...