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Play by Play: Tepper to Buy #Panthers for $2.2 Billion, Serena Williams’ Coach Says She Will Play French Open, #Vegas Ties Series with #Jets and Warriors Take Game One Win Over Rockets

Stocks discussed: (OTCQB: $SING), (OTC: $GMBL), (NYSE: $NETS), (NasdaqGS: $TTWO)

Play by Play - the latest sports headlines and sports stock news

 

Point Roberts, WA and Delta, BC - May 15, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in investor news and research issues today's edition of Play by Play covering what's new in sports headlines and recent news from publicly traded companies in the sector.

Play by Play - the latest sports headlines and sports stock news

Tepper to Buy Panthers for $2.2 Billion, Serena Williams’ Coach Says She Will Play French Open, Vegas Ties Series with Jets and Warriors Take Game One Win Over Rockets

Hedge fund manager David Tepper is buying the Carolina Panthers for $2.2 billion USD according to an Associated Press report. Current team owner and founder Jerry Richardson, announced he was selling the team in December 2017 in response to an "NFL investigation into sexual and racial misconduct in the workplace."

The $2.2 billion price tag is a record for the NFL, beating $1.4 billion paid for the Buffalo Bills in 2014. The league has to vote to approve the sale, but Tepper currently owns part of the Pittsburgh Steelers, which may make approval easier.

"Because he holds a 5 percent stake in the Steelers, Tepper's finances already have been vetted by the league, meaning it wouldn't take much for NFL owners to approve the sale. However, Tepper would have to sell his minority ownership stake of the Steelers, per league rules."

Serena Williams' coach, Patrick Mouratoglou told wtatennis.com in an exclusive interview that Williams will compete in the French Open. Williams, who had an emergency C-section pregnancy in September, started playing again prematurely according to Mouratoglou.

"Serena clearly came back too early," he said. "She was not ready yet but needed to feel the competition, so she decided to play even though she was far from being at 100 percent. It was a good experience as she realised all the work that needed to be done in order for her to be really ready."

Mouratoglou explained that it was for that reason that Williams took a break, but that she will be ready for the French open later this month.

"That is the reason why we decided to skip Madrid and Rome as she needed five weeks to be perfectly ready. Then we worked with my team in order to prepare a programme for her to get back in her best shape including nutrition, fitness and, of course, tennis. So far, things are going very well. She is working extremely hard, she is improving in all the areas fast. I am very satisfied and confident that she will be ready for Roland Garros."

In hockey news, the Las Vegas Golden Knights tied up their series with the Winnipeg Jets last night with a 3-1 win. The Golden Knights scored the first two goals in the first period in Winnipeg and each team scored once in the third. Vegas' Jonathan Marchessault scored twice in the game. Tonight the Tampa Bay Lightning look to come back from their two-game deficit facing the Capitals in Washington.

In the NBA playoffs the Golden State Warriors beat the Houston Rockets in the first game of the Western Conference Finals. Tonight LeBron James and the Cleveland Cavaliers aim to tie up their series with the Boston Celtics.

Singlepoint Announces Investment in StakeHaul, Esports Enthusiastic about SCOTUS Decision, Netshoes Report Financials and Take-Two’s 2K Expands Studio

Stocks discussed: (OTCQB:SING), (OTC:GMBL), (NYSE:NETS), (NasdaqGS:TTWO)

Singlepoint, Inc. (OTCQB:SING) has announced that it has invested in an additional betting platform, StakeHaul, the No. 1 social betting app in the iTunes App Store. From the press release:

"SinglePoint has been in the daily fantasy sports arena since March of 2016, when the company invested in GoDraft and DraftFury. With the recent Supreme Court vote, SinglePoint is excited to work closely with StakeHaul to penetrate the betting industry, which has a potential value of $150 billion, according to the American Sports Betting Coalition. SinglePoint has already established a payments option, and the two companies have been working to define the use of Ethereum smart contracts within the application. StakeHaul focuses on peer-to-peer social betting."

Esports Entertainment Group, Inc. (OTC:GMBL) a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, informed shareholders today of the opportunities created by SCOTUS' decision yesterday to liberalize gambling laws on the federal level.

Netshoes (Cayman) Ltd. (NYSE:NETS) today reported financial results for the three-month period ended March 31, 2018.

Take-Two Interactive Software Inc.'s (NasdaqGS:TTWO) publishing label, 2K, announced the expansion of its Hangar 13 studio today in a press release.

Sam Mowers, Investorideas.com

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