Jerry Jones Earns Billions as Natural Gas Bet Outgains Cowboys Empire
Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys—natural gas. Over the past four years, Jones has made more than 300% on oil…
Stocks
August Rally Lifts Betting Stocks, But Dangers Linger
Is the bear market finally over for sports betting? Much of August was a long-awaited rally for growth stocks of all stripes. Stock market participants began to…
MSG Entertainment Seeking to Split Sports Networks From Las Vegas Sphere
Madison Square Garden Entertainment is likely to split itself into two business: one that consists of the regional sports networks, Madison Square Garden itself and…
Sportradar Surges on American Sports Betting, CFO Resigns for U.S. Job
Data and analytics company Sportradar reported second-quarter sales rose 23% this morning as the company raised its expectations for full-year sales. Wall Street…
Genius Sports Slashes Losses, Moves Toward Profitability in Second Quarter
Genius Sports’ second quarter earnings showed a strong move toward profitability, with the data and analytics company’s net loss narrowing 99% to $4.8 million…
Sports Stocks Enjoy Best Month of 2022 as Faze Clan, Betting Shares Surge
Sports stocks ended a four-month losing streak in July, rallying more than 10% to post their best month since November 2020. The JohnWallStreet Sports Stock Index saw…
It Keeps Getting Worse for Sports Stocks in Summer Meltdown
To flip a common stock market phrase, an ebbing tide lowers all boats. Sports stocks stumbled into summertime, with 39 of the 40 components of the JohnWallStreet…
Paramount Uses Tom Cruise to Overcome Super Bowl Absence and Lead May Index
Sports stocks fell for the third-straight month as the JohnWallStreet Sports Stock Index couldn’t withstand the broad bear market. The Sportico index slipped about 3% to…
Manchester United Loss Widens In Latest Quarter on Debt Financing
Another quarter of fans packing Old Trafford helped Manchester United boost revenue in its third quarter, but higher financing costs pushed the club to a larger net loss…
Sports Stocks Can’t Hide From Bears as Index Hits 18-Month Low
The JohnWallStreet Sports Stock Index suffered its worst month ever, falling 14% in April as 38 of the index’s 40 components finished lower, most down sharply, as…
Exclusive
NFL Now Largest U.S. Shareholder in Genius Sports as Warrants Vest
The National Football League is now the largest American owner of equity in Genius Sports, controlling about 7.7% of the business after a new batch of warrants vested…
Super Group, Paramount Lead Mixed Month for Sports Stocks
Sports stocks eased slightly lower in March, marking the fifth time in the past six months that Wall Street has sold off the sector even as the broader market has…
More From Our Brands
Variety
‘Till’ Review: Chinonye Chukwu Re-Centers the Story of a Hate-Crime Victim on the Mother Who Made History
Rolling Stone
Trump Lauds Ginni Thomas for Telling Jan. 6 Committee She Believes the Big Lie
ArtNews
The City Different: A Deep-Rooted Art Scene Is the Key to Santa Fe’s Magic
BGR
Reports said Bruce Willis sold his likeness to a deepfake company, but his Reps say he didn’t
Deadline