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Play by Play: EA (NASDAQ: $EA) Launches FIFA 20 and Sportsman's Warehouse (NASDAQ: $SPWH) Enters Agreements to Acquire 8 Locations from DICK'S (NYSE: $DKS)

Felix Breaks Usain Bolt's Record at IAAF, Man City Must 'Seduce' Fans for Champions League and California Passes Law Allowing Student Athletes to Get Paid

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

 

Point Roberts, WA and Delta, BC - September 30, 2019 (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.

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Play by Play: EA (NASDAQ: $EA) Launches FIFA 20 and Sportsman's Warehouse (NASDAQ: $SPWH) Enters Agreements to Acquire 8 Locations from DICK'S (NYSE: $DKS)

Stocks discussed: (NasdaqGS:EA) (NasdaqGS:SPWH) (NYSE:DKS)

Electronic Arts, Inc. (NasdaqGS:EA) has launched EA SPORTS FIFA 20 across PlayStation®4, Xbox One, and PC. The game features VOLTA FOOTBALL, in which "players build their own character, express their individual style, and immerse themselves in a realistic small sided experience". Aaron McHardy, Executive Producer for EA SPORTS FIFA, commented:

"Each year we look to add more ways for our players to engage, from mode innovations to gameplay mechanics to delivering the most authentic experience to date. This year, we've also introduced VOLTA FOOTBALL that adds a completely new dimension to the game and brings FIFA 20 back to the streets and futsal courts where a lot of football players from all over the world started out. It's an experience our players have asked us to bring back, which we're excited to deliver as we continue to build the world's game."

Sportsman's Warehouse Holdings, Inc. (NasdaqGS:SPWH) has entered into agreements with DICK'S Sporting Goods, Inc. (NYSE:DKS) to acquire 8 Field & Stream locations. The stores are located in Pennsylvania, New York, North Carolina and Michigan, and will be operated as Sportsman's Warehouse stores upon purchase. The transaction, with a total purchase price of $28 million, is expected to close on October 11, 2019. Jon Barker, CEO of Sportsman's Warehouse Holdings, said:

"We are very pleased to announce this opportunistic expansion of our current 95 store base through the acquisition of these 8 Field & Stream locations. Each of these stores operate in strong markets, with well-established customer bases. We look forward to serving these communities with our continued strong commitment to provide outstanding gear and exceptional service to inspire outdoor memories."

Felix Breaks Usain Bolt's Record at IAAF, Man City Must 'Seduce' Fans for Champions League and California Passes Law Allowing Student Athletes to Get Paid

The IAAF World Championships tournament is in its fourth day today, having kicked off on Friday in Doha, Qatar. Yesterday saw American sprinter Allyson Felix score a record-breaking 12th World Championships gold medal, overtaking Usain Bolt as the leader in gold medals won in the history of the tournament. So far, the U.S. leads in medals won with 8 total (4 gold, 4 silver), and is followed by China and Jamaica who have 6 and 3, respectively.

The UEFA Champions League is in the second matchday of the competition's group stage today. Manchester City manager Pep Guardiola said the team must seduce fans in order to win the Champions League, according to The Guardian. He explained the comment:

"The only way is winning games and playing good. Every single day we work. I know for the fans it's the Premier League - that's the most exciting. We know that as a club, we've done polls, I know how special it is. But this competition is nice too. They have to live it as a dream. Nine times in a row."

The Associated Press reports that California signed a law that would allow college athletes to hire agents and make money from endorsements. The National Collegiate Athletic Association (NCAA), which governs student athletics in the U.S., had cautioned California governor Gavin Newsom against signing the law. Newsom argued:

"Other college students with a talent, whether it be literature, music, or technological innovation, can monetize their skill and hard work. Student athletes, however, are prohibited from being compensated while their respective colleges and universities make millions, often at great risk to athletes' health, academics and professional careers."

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