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Play by Play: #Justify Favourite for #Preakness on Saturday, Lightning Struck in D.C. Tying Series, and Poll Reveals Half of Americans Support Legal Sports Betting

Stocks discussed: (NasdaqGS: $TTWO), (NYSE: $ELY), (NYSE: $WWE)

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

 

Point Roberts, WA and Delta, BC - May 18, 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

Justify Favourite for Preakness on Saturday, Lightning Struck in D.C. Tying Series, and Poll Reveals Half of Americans Support Legal Sports Betting

Kentucky Derby winner Justify is gearing up to win the second leg of the Triple Crown in the Preakness Stakes this Saturday. Held at Pimlico Race Course in Baltimore, Maryland, the race sees Justify as the favourite with Good Magic, trained by Chad Brown, entering with 3 to 1 odds on Vegas Insider. CNN quotes Justify's trainer Bob Baffert, who is a six-time Preakness Stakes winner:

""The first time we worked this horse I said, 'I think we have something really special,' and after his maiden win [in February] I thought, man, he's really, really special.""

The Tampa Bay Lightning tied up their series with the Washington Capital last night with aa 4-2 victory in D.C. The game was tied going into the third period, whereupon Alex Killorn and Anthony Cirelli scored for the Lightning, securing the win. Goaltender Andrei Vasilevskiy made 36 saves for Tampa. Game 5 in this series will be tomorrow in Tampa Bay, while the Winnipeg Jets will see if the house always wins as they square off against the Golden Knights in Vegas.

The Associated Press reports that a poll conducted by Fairleigh Dickinson University found that 50 percent of Americans approved of legal sports betting. The poll was conducted before the Supreme Court of the United States legalized sports gambling on the federal level on Monday.

""Sports betting is about two things: It is about legalizing what millions of Americans already do every day (and) it is about intensifying the engagement of a nation of sports fans," said poll director Krista Jenkins, a professor of political science at the New Jersey university. "It will now be a race to see who can benefit the most and the earliest from this changed landscape.""

Take-Two Names New Board of Directors Member, Callaway Golf Company to Present at Conference and WWE a 'Stock to Watch'

Stocks discussed: (NasdaqGS:TTWO), (NYSE:ELY), (NYSE:WWE)

Take-Two Interactive Software, Inc. (NasdaqGS:TTWO) announced that effective today, Paul Viera would be joining the company's Board of Directors. According to Business Wire, Viera is "the founder and chief executive officer of Earnest Partners, a global investment firm responsible for overseeing over $20 billion for municipalities, states, corporations, endowments, and universities."

Callaway Golf Company (NYSE:ELY) today announced that it will present at the B. Riley FBR Investor Conference in Santa Monica, California on May 23, 2018. The company's presentation materials can be accessed at the link below:

http://ir.callawaygolf.com

A research report shows that World Wrestling Entertainment (NYSE:WWE) is a "stock to watch". The report indicates that the stock hit a new high of $51.33 in light of the likelihood of the RAW series getting renewed with networks.

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