Entertainment

Do sports leagues really own their scores? Say it ain’t so, commissioners!

Author: William Watson The U.S. Supreme Court has overturned federal disallowance of state laws authorizing gambling on sports events. Read more about Do sports leagues really own their scores? Say it ain’t so, commissioners! Tags:  sports betting gambling legalized gambling NBA NFL ...

Las Vegas Sands (LVS) Checks At Prior Highs

The Gambling industry group has been performing well as of late. This week the chart of Las Vegas Sands (LVS) is attempting to break to new highs. Technically, the stock is performing well. The SCTR is above 75, and the Relative Strength in purple shows LVS outperforming the $SPX. The recent consol ...

US Supreme Court ruling is a clear win for The Stars Group, this portfolio manager says

Brian Madden The Stars Group (TSX:TGSI) keeps turning up aces, as the United States Supreme Court just struck down a 25-year-old ban against state-authorized sports betting, opening the doors for gambling companies like TGSI to dip into a US$150 billion sports betting industry in the US alone. T ...

Tech Talk for Wednesday May 9th 2018

Pre-opening Comments for Wednesday May 9th Index futures were higher this morning. S&P 500 futures were up 9 points in pre-opening trade. Most of the gains came from the energy sector. Crude Oil advanced $1.67 to $70.73 per barrel in overnight trade. Index futures were virtually unchanged following ...

Cineplex has plenty of upside, Echelon Wealth says

Ellis Jacob, president and chief executive officer, Cineplex Entertainment. Attendance may be down at the movies but there’s still a lot to be bullish about Cineplex (TSX:CGX), including the sheer dominance it has on the Canadian theatre market, says Rob Goff, analyst with Echelon Wealth Partner ...

Wow Unlimited Media has a huge upside, Echelon Wealth says

Children’s animation programming company Wow Unlimited Media (TXSV:WOW.A) outperformed over its fourth quarter 2017, says Rob Goff, analyst with Echelon Wealth Partners, who on Tuesday reiterated his “Speculative Buy” rating for Wow with a $3.00 target. Vancouver-based Wow Unlimited reported ...

GDP Growth in February Thanks To Rebound in Mining, and Oil and Gas Extraction

The Conference Board of Canada’s Economist Cory Renner offers the following perspectives/insights: Quote “After a disappointing January, GDP rose 0.4 per cent in February. Some of the best news was the strength in manufacturing, which has grown over the last five months. However, the service ...

April 27, 2018

The Toronto Schlock Exchange provided some entertainment today: UPDATE 4 – TMX has decided to shut down all markets for the remainder of the day. Trading will not resume today, including market on close. We apologize for the inconvenience. Further updates will be provided. UPDATE 3 – Please be ...

IMAX is a buy, Canaccord Genuity says

Ahead of IMAX Corporation’s (NYSE:IMAX) quarterly earnings report on May 1, analyst Aravinda Galappatthige of Canaccord Genuity says the theatre entertainment company’s new laser projection system is likely to derisk their long-term business model. In a client update on Wednesday, Galappatthige ...

The Stars Group acquisition of Sky Betting is transformational, Echelon Wealth says

Toronto-based Stars Group (TSX:TGSI) recently announced the acquisition of Sky Betting and Gaming, effectively creating the world’s largest publicly listed online gaming company. In a client update on Monday, analyst Ralph Garcea of Echelon Wealth Partners says the deal is transformational for T ...