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Play by Play: #Cavs Tie Up Series, Capitals Defeat Lightning with Shutout and #NFL Prepared for Legal Betting

Stocks discussed: (Frankfurt:BVB.F) (NYSE: $ELY) (OTC: $GMBL)

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

 

Point Roberts, WA and Delta, BC - May 22, 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

Cavs Tie Up Series, Capitals Defeat Lightning with Shutout and NFL Prepared for Legal Betting

The Cav tied up the Eastern Conference Finals with the Celtics in Cleveland last night with a 111-102 win. LeBron James, who scored 44 points in the game to secure victory, is quoted in the Associated Press commenting on the fifth game of the series in Boston on Wednesday:

"We know it's going to be a hostile environment. We know their fans are going to be very energetic. But we have to just have our same mindset we had when we came home for these two games. If our minds are there, we put ourselves in a position to be victorious."

The NHL's Eastern Conference Final has also been tied up as the Washington Capitals defeated the Tampa Bay Lightning 3-0 forcing Game 7. There were no goals in the first period, but the Capitals would go on to score once in the second and twice in the third, with right winger T.J. Oshie scoring twice. A key factor in Washington's win was goalie Braden Holtby's 24 saves to shut the Lightning out. Capitals right winger Devante Smith-Pelly is quoted on NHL.com praising the netminder:

""It's a perfect time," Smith-Pelly said of Holtby's first shutout since April 5, 2017. "He's been great all year. Obviously an up-and-down year for him personally, but the way he's bounced back, he's been amazing all throughout the playoffs, and really, really happy for him.""

NFL commissioner Roger Goodell "said the NFL had spent time planning for expanded legal sports betting, "including substantial education and compliance trainings for our clubs, players, employees and partners,"" according to ESPN.

"These efforts include supporting common sense legislation that protects our players, coaches and fans and maintains public confidence in our games," Goodell said in the statement. "We are asking Congress to enact uniform standards for the states that choose to legalized sports betting that include, at a minimum, four core principles:

"1. There must be substantial consumer protections; 2. Sports leagues can protect our content and intellectual property from those who attempt to steal or misuse it; 3. Fans will have access to official, reliable league data; and 4. Law enforcement will have the resources, monitoring and enforcement tools necessary to protect our fans and penalize bad actors here and abroad."

The piece also indicates that unlike other major sports leagues in the U.S., the NFL does not seek a cut of sports betting profits.

Borussia Dortmund Names New Coach, Callaway Golf Reports Record Sales and Earnings and Esports Entertainment Partners with PartnerMatrix

Stocks discussed: (Frankfurt:BVB.F) (NYSE:ELY) (OTC:GMBL)

Bundeliga football team Borussia Dortmund (Frankfurt:BVB.F) has named Lucien Favre as head coach in a two-year contract according to an Accesswire report.

Callaway Golf Company (NYSE:ELY) post record net sales and earnings exceeding analysts' expectations, according to a recent research report.

Esports Entertainment Group (OTC:GMBL) announced a partnership with PartnerMatrix, "the first platform that enables online sportsbook and casino operators to run Affiliate System with Agent functionality and Agent System with Affiliate functionality".

Sam Mowers, Investorideas.com

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