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☆ These 10 U.S. states have America’s best economies in 2024
▼ + stars: | 2024-07-18 | by ( Scott Cohn | ) www.cnbc.com time to read: +13 min

We consider economic growth and job growth. We measure the breadth of each state's economy by looking at how many major corporations are headquartered there. Delaware's economy turned in a lackluster performance in 2023 — the only state economy to shrink last year. Mario Tama | Getty ImagesThe Grand Canyon State's surging chip sector is delivering many dividends, including strong job growth and a healthy housing market. But he noted that construction employment grew at a healthy pace last year, evidence that the state economy still has steam left.

Persons: Dupont De Nemours, Ethan Miller, Kevin C, George Frey, Mark Knold, Knold, Zions, Mario Tama, Katie Hobbs, Allison Joyce, they've, Andrew Berger, Gross, Berger, Nina Dietzel, Lawrence Kessler, Kessler, Brandon Bell, Joe Raedle Organizations: Companies, Business, Delaware, Istock, Getty, Fortune, Census, Commerce Department, Aaa, Direct Investment, Corporate, Gem State, Micron Technology, Lamb Weston Holdings, Silver State, Pew, Major Corporations, Vegas Sands, MGM Resorts, Benz, Cox, Mercedes, Nestlé, Purina, Adidas, Georgia Department of Economic, U.S . Commerce Department, Assurant, Intercontinental, Contractors, Bloomberg, Utah's Department of Workforce Services, Arizona Workers, Gov, Democrat, Major, Technology, North, Health, Employers, North Carolina Department of Commerce, Corporate Headquarters, Bank of America, Duke Energy, Tennessee, University of Tennessee, The Volunteer State, FedEx, Texas Employees, Lone Star State, Entrepreneurship, Oracle, Tesla, Amerant Locations: States, Wilmington, New Castle County , Delaware, Delaware, Incyte, Idaho, Boise , Idaho, USA, Nevada, Las Vegas, Las Vegas , Nevada, Southern California, Vegas, Georgia, Atlanta , Georgia, Peach, Utah, Provo , Utah, U.S, Beehive, Buckeye , Arizona, Arizona, North Carolina, Wilmington , North Carolina, Carolina, Tennessee Nashville , Tennessee, Luling , Texas, The Texas, North Dakota, California, Texas, Florida, Sunrise , Florida

☆ The iconic Mirage in Las Vegas is closing today after 34 years
▼ + stars: | 2024-07-17 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —The Mirage Hotel and Casino on the Las Vegas Strip is closing Wednesday, ending 34 years in business. It will reopen in 2027 as Hard Rock Las Vegas, with a soaring 700-foot-tall hotel tower in the shape of a guitar, similar to its Florida property. Architects told CNN affiliate KSNV-TV that the tropical design created by Wynn was meant to resemble an oasis in the chaotic Las Vegas Strip. MGM Resorts bought the Mirage from Wynn in 2000 and sold it in 2022 for more than $1 billion to Hard Rock International. It’s the second time Hard Rock will have a presence in Las Vegas, with the brand previously owning the now-Virgin Hotel off the Strip.

Persons: Steve Wynn, Wynn, ” Mirage, Paul Steelman, Siegfried Organizations: New, New York CNN, Las, luxe, Bellagio, Architects, CNN, ”, NBC, Vegas, MGM Resorts, Wynn, Virgin Hotel Locations: New York, Casino, Nevada, Las Vegas, Florida

☆ The Mirage closes in Las Vegas to make way for Hard Rock Guitar Hotel
▼ + stars: | 2024-07-17 | by ( Contessa Brewer | ) www.cnbc.com time to read: +5 min

Hard Rock International (HRI) will close the resort on July 17, 2024, to begin a construction project to transform the property into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas by 2027. Hard Rock International (HRI) will close the resort on July 17, 2024, to begin a construction project to transform the property into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas by 2027. Rendering of proposed future Guitar-shaped hotel tower at the Hard Rock Hotel &Casino Las Vegas. Credit: Renderings courtesy of Hard Rock InternationalHard Rock will model its Las Vegas renovation on its highly successful Guitar Hotel at Seminole Hard Rock Hollywood in South Florida. Rendering of proposed future Guitar-shaped hotel tower at the Hard Rock Hotel &Casino Las Vegas.

Persons: Jim Allen, CNBC he's, Steve, Elaine Wynn, Allen, Ethan Miller, Steve Wynn, Wynn, hearken, Michelangelo's David, Joe Stauff, Stauff Organizations: Rock, CNBC, Casino, Hotel, Getty, Las Vegas, Paris Las Vegas, Eiffel, MGM Resorts, VICI, Las, Sunshine, Susquehanna, MGM, Caesars, MGM Resorts International Locations: Las Vegas, Las Vegas , Nevada, Vegas, America, Luxor, New York, Paris, Florida, Atlantic City , New Jersey ; New York, Seminole, Casino Las Vegas ., South Florida

☆ Why a fund manager at $1.4 billion AdvisorShares is investing in tobacco, alcohol, and other vice stocks — and his 7 top picks
▼ + stars: | 2024-07-16 | by ( Christine Ji | ) www.businessinsider.com time to read: +4 min

Ahrens has over 25 years of experience with vice stocks and oversees six AdvisorShares ETFs, including the AdvisorShares Vice ETF (VICE). More than just beer and cigarettesThere's also a lot more to vice investing than just tobacco and alcohol stocks. "Tobacco stocks and alcohol stocks and other similar stocks are in all the major index indexes in the United States," Ahrens said. By purchasing a share of an S&P 500 index fund, investors are inadvertently already exposed to vice stocks. They are all constituents of the AdvisorShares Vice ETF (VICE).

Persons: —, Dan Ahrens, Ahrens, " Ahrens, There's, Philip Morris Organizations: Service, AdvisorShares, Business, Nvidia, Philip Morris International, Gaming, MGM Resorts, MGM, Caesars Entertainment, Wynn Resorts, WYNN Locations: China, United States, Las

☆ Netflix and Amazon are duking it out over brand partnerships as streaming ads enter a new phase
▼ + stars: | 2024-07-16 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

Read previewThe battle between streamers for TV ads is ushering in a new push for brand partnerships, from joint marketing campaigns to product placements. It's also bringing in ad chief Peter Naylor's team into conversations brands are having with VP Magno Herran, who's long overseen marketing partnerships. AdvertisementBrand reps looking to discuss partnerships have noticed Netflix and Amazon ad salespeople popping up unexpectedly in meetings. To fuel their efforts, they're hiring legacy TV ad sellers, throwing extravagant TV upfronts presentations, and adding live events and sports to sweeten their offerings for advertisers. AdvertisementApple TV+ doesn't have an advertising tier (yet), but it's pushing more into brand partnerships, recently hiring an Endeavor exec to work on brand deals across its titles.

Persons: —, who've, It's, Peter Naylor's, Magno Herran, Lauren Anderson's, Alan Moss, Jennifer Verdick, Elisabeth Daniels, Maisel, They're, Jen Cowan, Libby Bush, Bush Organizations: Service, Netflix, Business, MGM Studios, WWE, Cannes, Brands, Amazon, Marriott, PQ Media, Talent, CAA, Ally, Apple, Endeavor Locations: Banks

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Microsoft, Amazon, Advanced Micro Devices and more
▼ + stars: | 2024-07-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Apple as overweight Morgan Stanley raised its price target on the iPhone maker to $273 per share from $216. Morgan Stanley downgrades BP to equal weight from overweight Morgan Stanley downgraded the oil major due to "weak earnings." Morgan Stanley reiterates Microsoft as overweight Morgan Stanley said it has "increased clarity" on AI monetization. Citi names KLA Corp. a top pick Citi raised its price target on the semiconductor equipment maker to $980 from $760. Morgan Stanley downgrades Rocket Lab to equal weight from overweight Morgan Stanley said it sees a "limited catalyst path" for the space company.

Persons: Morgan Stanley, Apple, Morgan Stanley downgrades, TD Cowen, Teck, Baird, CARR, Zeta, John Donovan, AAPL, Wells, Tesla, underperform Wells, it's, Evercore, it's bullish, DDOG Organizations: Netflix, Nvidia, Devices, AMD, Citi, Electronic Arts, College Football, BMO, Teck Resources, JPMorgan, Biosciences, Zeta Global, Citi downgrades Bank of New York Mellon, Bank, New York Mellon, Apple, IOL, Amazon, UW, CIO, Susquehanna, Caesars, MGM, PENN, Bank of America, KLA Corp, OW, Department of Defense Locations: 2H24, Dell, Teck, TSLA, Las Vegas

☆ These are top global stock picks for the second half, according to UBS
▼ + stars: | 2024-07-12 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

The outlook for stocks is becoming more favorable as inflation slows and the Federal Reserve looks to cut interest rates by yearend, according to UBS. Against that backdrop, UBS thinks investors should maintain a neutral view and remain strategic in their stock allocations. Here are some of the stocks on the UBS list: One of the stocks added to the list was San Diego-based, medical device maker Dexcom . Despite growth in the continuous glucose monitoring (CGM) segment of the diabetes market over the past few years, the sizable diabetes market has a "relatively low" penetration rate, according to UBS. "We expect DXCM to remain a leading player within the very concentrated CGM market."

Persons: Eric Potoker, that's, Ralph Lauren Organizations: Federal, yearend, UBS, San, MGM Resorts, Super, Las Vegas, Samsung Locations: Swiss, San Diego, Las Vegas, Las

☆ 10 Great Shelley Duvall Performances to Stream
▼ + stars: | 2024-07-11 | by ( Esther Zuckerman | ) www.nytimes.com time to read: +1 min

Shelley Duvall, who died on Thursday at 75, had one of the most thrilling and complicated careers in modern cinema history. Discovered by the director Robert Altman, who became her greatest collaborator, Duvall fell into acting almost by accident. Her layered and detailed performances in the likes of “3 Women” and “The Shining” made her a celebrated star. In later life, Duvall retreated from acting and the public eye, but left behind a remarkable and diverse body of work. Once she appears onscreen as the tour guide Suzanne, it’s clear she is one of the most unusual presences ever to grace the screen.

Persons: Shelley Duvall, Robert Altman, Duvall, ”, Brewster, Bert Remsen, “, Madame Curie, Roger Ebert, Altman, Remsen, Bud Cort, Suzanne, it’s, Cort’s Brewster Organizations: ”, MGM, Houston Astrodome Locations: Hollywood, Brewster, Houston

☆ The America trade: These stocks highly exposed to the U.S. are primed to outperform
▼ + stars: | 2024-07-03 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

A handful of stocks partial to the U.S. market could see strong gains ahead. MGM YTD mountain MGM Resorts stock. Delta Airlines , which also made the cut, has become the most profitable U.S. airline thanks to its reputation as a luxury option. DAL YTD mountain Delta Airlines stock. Other stocks on the list include Axon Enterprise , which makes Taser stun guns and police body cameras, and ConocoPhillips .

Persons: Hope, BTIG, Clark Lampen, Ed Bastian, DAL, John F Organizations: Nasdaq, Dow Jones, Traders, Nvidia, Federal Reserve, CNBC Pro, U.S, MGM Resorts, MGM, Delta Airlines, Delta, CNBC, Kennedy International Airport, United Airlines, ConocoPhillips Locations: U.S, Las Vegas, Vegas, China, Atlanta

☆ Calls of the Day: Adobe, Oracle, Union Pacific, MGM Resorts and Nike
▼ + stars: | 2024-07-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCalls of the Day: Adobe, Oracle, Union Pacific, MGM Resorts and NikeThe Investment Committee discuss the latest Calls Of The Day.

Organizations: Oracle, Union Pacific, MGM Resorts, Nike The Investment

☆ 10 things to watch in the stock market Wednesday after the S&P 500's record close
▼ + stars: | 2024-07-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Pepsico 's price target was lowered to $190 from $200 at Cowen, which cited some weakness in salty snacks. Loops Capital raised its price target for off-price retailer TJX to $125 from $115. Lululemon 's price target was lowered to $470 from $505 at Baird, but kept its outperform rating. Pepsico 's price target was lowered to $190 from $200 at Cowen, which cited some weakness in salty snacks. Lululemon 's price target was lowered to $470 from $505 at Baird, but kept its outperform rating.

Persons: Tuesday's, depletions, Jefferies, Eli Lilly, Lululemon, Baird, BTIG, Dell, Amphenol, Jim Cramer's, Jim Cramer, Jim, John Thys Organizations: Constellation Brands, Pepsico, Cowen, Nike, MGM Resorts, Bank of America's, Jim Cramer's Charitable, CNBC, AFP, Getty Locations: Zeebrugge, Belgium

☆ Stocks making the biggest moves midday: Paramount Global, Tesla, MGM Resorts and more
▼ + stars: | 2024-07-03 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Paramount Global's special committee is reviewing and voting on the agreement , CNBC reported, citing a person familiar with the matter. Tesla — The electric vehicle company jumped another 6%, bringing its week-to-date gains to 24%. Constellation Brands — Shares of the beer and wine company fell 2.5% after its first-quarter sales came in just below expectations. Silver miners were up 4.3% on Wednesday and on pace for their best day since May 17, while gold miners were up 3.76% and on pace for their best day since March 20. Copper miners also gained 4%, tracking for their best day since May 17.

Persons: Tesla, Dan Ives, LSEG, Jerome Powell, —, Samantha Subin, Yun Li, Lisa Kailai Han, Michelle Fox, Gina Francolla Organizations: Paramount, Skydance Media, National Amusements, CNBC, Elon, MGM Resorts, MGM, Constellation, U.S, Federal, Constellation Energy, Reuters, Pennsylvania Locations: Tuesday's

☆ Online-gambling giants conquer U.S. with tactics deemed too tough for Britain
▼ + stars: | 2024-07-03 | by ( ) www.cnbc.com time to read: +22 min

NYSEIn 2018, British regulators sanctioned the UK arm of online gambling giant Flutter after it failed to catch an astonishing anomaly. The United States is Flutter's largest and fastest-growing market in terms of revenue. Both online sports betting and online casinos have been legal and regulated far longer in Britain than in the United States. But in the United States, Flutter doesn't place such limits on the age group. Around a decade ago, British politicians became concerned about a rise in gambling-linked fraud and suicides involving online VIP customers.

Persons: Peter Jackson, America —, Amit Patel, Patel, Alex King, King, FanDuel, Chris Ratcliffe, haven't, hasn't, Jackson, weren't incentivized, Flutter's FanDuel, Entain, Rob Wood, BetMGM, Paul Tonko, Tonko, Entain's Wood, —, Joe K, Joe, Pavlo Gonchar, Rob Gronkowski, Jamie Foxx, Foxx, Gronkowski, Goldman Sachs, who'd, Betfair, Entain's, Felicia Grondin, Silquia Patel, Eduardo Munoz, Flutter's, Chris Jones, Josh Giaramita Organizations: MGM, New York Stock Exchange, NYSE, Flutter's U.S, Jacksonville Jaguars, Reuters, Fanduel Inc, Bloomberg, Getty, The New York Stock Exchange, NYSE BetMGM, MGM Resorts International, MGM Resorts, New York Democrat, U.S, Lightrocket, Supreme, American Gaming Association, New York, Gaming Commission Locations: America, Edinburgh, Britain, United States, Dublin, U.S, British, BetMGM, New Jersey, States, United Kingdom, Ireland, New York, East Rutherford , New Jersey, FanDuel

☆ Stocks making the biggest moves premarket: Paramount, Tesla, Constellation Brands and more
▼ + stars: | 2024-07-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Tesla — The electric vehicle maker rose nearly 3% , a day after posting stronger-than-expected delivery numbers for the second quarter. Shares popped 10% during Tuesday's session. Constellation Brands — The beer and wine stock rose more than 2% after a better-than-expected earnings report. Southwest Airlines — Shares were fractionally lower after the airline carrier announced it had adopted a shareholder rights plan. Shares dipped about 1% during Tuesday's session.

Persons: Tesla, LSEG, Eli Lilly, — CNBC's Lisa Han, Jesse Pound, Sarah Min Organizations: Paramount, Paramount Global, Skydance Media, The New York Times, Wall Street Journal, Constellation Brands, Constellation, Southwest Airlines —, Elliott Investment Management, Food and Drug Administration, MGM Resorts, MGM Resorts International

☆ Judy Garland and ‘The Trolley Song’: Why an 80-year-old performance speaks to today’s LGBTQ community
▼ + stars: | 2024-06-26 | by ( Scottie Andrew | Sydney Bishop | ) edition.cnn.com time to read: +9 min

“The Trolley Song,” a second-act standout from the 1944 movie musical “Meet Me in St. Louis,” was sung by Judy Garland in striking Technicolor. And yet it has found new life online nearly 80 years later as an unlikely anthem for LGBTQ Pride. “Happy pride month (sic) to Judy Garland in the trolley song. Kelleher likened it to Cher’s 1998 autotune fantasia “Believe” but “somehow even more gay.”Like Cher’s hit, “The Trolley Song” is dripping in artifice. “The Trolley Song” has been adopted by LGBTQ people since Garland first started singing it in concert.

Persons: ”, Louis, Judy Garland, Sabrina Carpenter’s, Oz, Dave Karger, Patrick Kelleher, Garland, ” Kelleher, “, huff, Esther Smith, ‘, clang ’, ’, zing ’, Paige Turner, … ” Turner, ” Paige Turner, Turner, Kelleher, Louis ”, Manuel Betancourt, “ Judy, Rufus Wainwright, –, Judy, Rufus, Wainwright, ” Wainwright, Garland’s, ” Karger, Dee Michel, Dorothy, ’ ”, Michel, ” Michel, Jim Bailey, Princess Diana, King Charles, Liza Minnelli, It’s, ” Turner, “ Gay Organizations: CNN, LGBTQ, Turner, TCM, Warner Bros ., Pride, Broadway, Carnegie Hall, Capitol Studios, Gay Boys Locations: St, Ireland, Missouri, New York, London, Los Angeles

☆ Amazon is getting an impressive number of people to watch Prime Video, new data reveals
▼ + stars: | 2024-06-26 | by ( Lucia Moses | ) www.businessinsider.com time to read: +1 min

Amazon's Prime Video engagement is at 80%, boosting its standing against Netflix. Evercore ISI data suggests Prime Video's user satisfaction and viewership are on the rise. AdvertisementAmazon has been trying to break into TV for close to three decades, starting with the launch of Prime Video in 2006 and Amazon Studios, now Amazon MGM Studios, in 2010. A new Evercore ISI survey of 1,100 Amazon users showed that the share of users who watch Prime Video is a "consistently high" 80%. This year, 50% of Prime Video watchers surveyed said they're watching more than before, an uptick from 38% in 2023.

Persons: — Organizations: Netflix, Amazon, Service, Amazon Studios, Amazon MGM Studios, ISI, Business

☆ Trump’s company is valued ‘absurdly out of the realm of normal,’ LinkedIn billionaire says
▼ + stars: | 2024-06-25 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

But the LinkedIn co-founder is dumbfounded by the size of the social media fortune former President Donald Trump is sitting on. Trump’s conservative social media company, Truth Social owner Trump Media & Technology Group, is valued by Wall Street at a whopping $6 billion — even after a recent plunge in its share price. “That is wildly high,” Hoffman, who is now a director at Microsoft and a venture capital investor, told CNN. Trump’s stake is worth nearly $4 billionHoffman is hardly the first to express disbelief at the valuation of Trump Media. Based on Monday’s share price, Trump’s 114.75 million shares in Trump Media are valued at nearly $4 billion.

Persons: New York CNN — Reid Hoffman, Donald Trump, ” Hoffman, “, Elon Musk’s, Hoffman, Trump, Meta, —, Jay Ritter, Barry Diller Organizations: New, New York CNN, LinkedIn, Truth Social, Trump Media & Technology Group, Wall, Microsoft, CNN, Trump Media, Nasdaq, Reddit, Meta, Facebook, “ Trump Media, ” Trump Media, Trump, SEC, GameStop, AMC, University of Florida, ” Billionaire, MGM Resorts International, CNBC, White Locations: New York

☆ Russia appears to be placing military facilities near civilian areas in Crimea to deter Ukrainian strikes, experts say
▼ + stars: | 2024-06-24 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

Russia accused Ukraine of injuring civilians in an ATACMS attack on Crimea on Sunday. Russia is likely placing military facilities near civilians to deter Ukrainian strikes, experts say. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia is likely placing military facilities near civilian areas in Crimea to try to deter further Ukrainian strikes, military analysts said.

Persons: — Organizations: Service, Russia's Ministry of Defence, MGM, Tactical Missile Systems, Business Locations: Russia, Ukraine, Crimea, Sunday, Sevastopol

☆ US soldiers just put the Army's new Precision Strike Missile to the test against a moving sea target in the Pacific
▼ + stars: | 2024-06-24 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewThe US Army tested its new strike missile against a moving sea target in the Pacific earlier this month. The recent strike marked a "significant milestone" in the development of the new Precision Strike Missile, the Army said. The PrSM, a next-generation long-range precision strike weapon, will eventually replace the older MGM-140 Army Tactical Missile Systems, or ATACMS. The exercise involved the US Army's prototype Autonomous Multi-Domain Launcher and two Precision Strike Missiles, which were "able to engage a moving maritime target in conjunction with other Joint assets." An Army Tactical Missile System during live-fire testing at White Sands Missile Range in New Mexico on December 14, 2021.

Persons: —, Lockheed Martin, White, John Hamilton, Technology Doug Bush Organizations: Service, US Army, Army, MGM, Tactical Missile Systems, Business, Valiant, High, Artillery Rocket Systems, Systems, Lockheed, Pentagon, Army Tactical Missile System, White, Artillery, Acquisition, Logistics, Technology, Ship Locations: Palau, Cleveland, Austin, New Mexico, China

☆ Ukraine can't hit everything it wants in Russia with US-made ATACMs, so it's making do with a homemade option
▼ + stars: | 2024-06-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +1 min

Ukraine faces restrictions on using US-made, long-range missiles to strike targets inside Russia. Ukraine has used this weapon to strike energy facilities inside Russia in recent weeks. AdvertisementThe US has outfitted Ukraine with an arsenal of long-range missiles but continues to put restrictions on how it can use them, limiting its ability to strike Russia the way it wants. As a workaround in this dilemma, Kyiv has turned to a homemade weapon first used to sink ships. American-made MGM-140 Army Tactical Missile Systems, also known as ATACMS, are one of the more vaunted weapons that Ukraine has in its arsenal.

Persons: —, Biden Organizations: Service, MGM, Tactical Missile Systems, Business Locations: Ukraine, Russia, Kyiv

☆ Sony Pictures is buying Alamo Drafthouse theater chain
▼ + stars: | 2024-06-12 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America, the company announced Wednesday. Alamo Drafthouse CEO Michael Kustermann will remain at the helm of the dine-in movie theater chain and will report to Ravi Ahuja, president and CEO of the newly formed Sony Pictures Experiences division. The company's 35 cinemas will continue to be operated by Alamo Drafthouse and its headquarters will remain in Austin, Texas. The acquisition comes after Alamo Drafthouse filed for Chapter 11 bankruptcy protection in 2021 due to Covid-19 pandemic disruptions. "We are excited to make history with Sony Pictures Entertainment and have found the right home and partner for Alamo Drafthouse Cinema," said Kustermann.

Persons: Walter Reade, Michael Kustermann, Ravi Ahuja, Alamo Drafthouse, Ahuja, Tim League Organizations: Sony Pictures, Alamo, Department, Paramount, Warner Bros, Century Fox, MGM, Universal, United Artists, Columbia Pictures, Sony, Walter Reade Organization, Lowes, Disney, El Capitan Theatre, Netflix, Egyptian, New York's, Altamont Capital Partners, Fortress Investment Group, Sony Pictures Entertainment Locations: North America, Columbia, New York's Paris, Austin , Texas, Texas

☆ Betting is the ‘Achilles’ heel’ of US sports. Are leagues doing enough?
▼ + stars: | 2024-06-09 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +11 min

“But matters affecting the integrity of the game have a chilling effect across the board and governing bodies know this is their Achilles heel,” he warned. Fast forward to 2024 and the gambling industry is engrained in US sports culture with leagues, franchises, players and networks now partnering with betting organizations. “We need legislation to do things like prevent sports betting advertising, and to prevent prop betting. However, it can be often in leagues’ financial interest for betting to increase in popularity. “The sports leagues have turned to sports betting because it increases fan avidity.

Persons: Ippei Mizuhara, Shohei Ohtani, Tucupita Marcano, Jontay Porter, ” David Carter, ”, Paul Sancya, – it’s, Andrew Zimbalist, Zimbalist, ’ ”, “, William Hill, Mike Segar, Porter, Long Phi Pham, Pham, Breon Peace, Victor Matheson, Matheson, Adam Silver, Robert D, Manfred , Jr, Wayne Gretzky, Bruce Bennett, ’ Zimbalist, LeBron James, Patrick Mahomes, Connor McDavid’s, ” Matheson, ” Carter, ” Zimbalist, CNN’s Thomas Schlachter Organizations: CNN, Los Angeles Dodgers, Major League Baseball, San Diego Padres, National Basketball Association, Toronto Raptors, NBA, USC Marshall School of Business, MGM Grand Detroit, DC, Super, American Gaming, Smith College, Monmouth, Reuters, Authorities, Supreme, College of, NFL, MLB, New York Rangers, Carolina Hurricanes, Madison, Garden, “, NCAA, National Council Locations: Brooklyn, Michigan, Detroit, Washington, Oceanport , New Jersey, U.S, Porter , Brooklyn, New York City

☆ Apple TV+ is making a big brand partnerships hire as it warms up to advertising
▼ + stars: | 2024-06-05 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Read previewApple has made a big brand-partnerships hire who will work across its Apple TV+ entertainment business, a sign that it's serious about becoming a bigger advertising company. Lewinsky's role at Apple is expected to resemble that of Mahta Eghbali, who led copromotions for Apple TV+ films, TV, and sports and who left the company in 2023. Industry sources who work in branded entertainment said Apple TV+ has been stepping up efforts to use brands to promote its entertainment. Apple TV+ doesn't have an ad tier, but it's made a handful of hires from the TV business that have fueled speculation that it plans to introduce one, despite its long-held stance on customer privacy. Apple TV+ also recently hired a marketing vet, Tony Trujillo, to run marketing partnerships.

Persons: —, Mike Lewinsky, Eghbali, Lewinsky, Monica Lewinsky, Barbie, merch, Ted Lasso, It's, Lauren Anderson, Magno Herran, it's, Ricky Strauss, Chris Van Amburg, JP Richards, Tony Trujillo Organizations: Service, Apple, Endeavor, InBev, DP, Marriott International, Visa, Business, Creative Artists Agency, Entertainment Media Ventures, Nike, Tandem, Amazon MGM, Netflix, Lacoste Locations: 160over90

☆ 16 rising stars of sports betting and gaming who are driving growth areas like responsible gaming, micro betting, and pick 'em fantasy
▼ + stars: | 2024-06-04 | by ( Ashley Rodriguez | Tiara White | ) www.businessinsider.com time to read: +2 min

Richard Taylor helped build BetMGM's responsible-gaming departmentRichard Taylor. He knew working in responsible gaming could bring a lot of good to the industry. He was previously the director of responsible gaming at MGM Resorts International and moved almost four years ago to BetMGM, where he currently serves in the same role. "I was fortunate enough to be selected to be the first director of responsible gaming," he told BI. He said this excited him because he could take the knowledge he obtained over the years to hopefully help young staff build good habits.

Persons: Richard Taylor, Mitchell Ternay, Taylor Organizations: MGM Resorts International, San Diego Padres, Las Vegas Locations: Las Vegas, Taylor

☆ NATO is finally giving Ukraine a shot at repelling Russia's destructive glide-bomb attacks on a major city
▼ + stars: | 2024-06-03 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

Western positions on this issue have softened in the wake of Russia's ongoing offensive in the northeastern Kharkiv region, which began last month. AdvertisementUkrainian gunners firing at Russian positions in the Kharkiv region. AdvertisementGunners from Ukraine's 43rd Separate Mechanized Brigade fire at a Russian position in the Kharkiv region in April. Ukraine can only conduct cross-border strikes in Russian territory right around the Kharkiv region, and it is still barred from conducting longer-range strikes with its most powerful US-provided missiles. "That's exactly what we're doing in response to what we've now seen in and around the Kharkiv region," Blinken told reporters.

Persons: —, Vladimir Putin, Stepanov, Ukraine's, Matthew Savill, ANATOLII STEPANOV, Biden, John Kirby, Kirby, it's, Serhii, Antony Blinken, what's, we've, Blinken, we'll Organizations: Service, NATO, Business, Getty, Institute for, Kharkiv City, Gunners, Mechanized Brigade, National Security, MGM, Tactical Missile Systems, Artillery Locations: Ukraine, Russia, Kyiv, Kharkiv, Moscow, AFP, Western, Russia's, Ukrainian, Russian, RUSI, Ukraine's, Washington, Prague, Belgorod

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