Sports

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 46 years ago, the U.S. Supreme Court ruled against Major League Baseball player Curt Flood in a landmark case dealing with professional athlete free agency. Where The...

The recent Supreme Court ruling legalizing sports gambling nationwide has certainly created some profitable opportunities, but traders may not know where to place their bets. U.S. sports betting will see massive growth over the next five years, and a handful of stocks are positioned to benefit...

The 2018 FIFA World Cup in Russia kicks off Thursday on Fox (NASDAQ: FOXA). The month-long tournament is expected to attract billions of viewers from over 200 countries, making it a marketing dream. The likes of Coca-Cola (NYSE: KO), Visa (NYSE: V), Budweiser (NYSE: BUD), and McDonald's (...

The 2018 FIFA World Cup kickoff Thursday serves as another painful reminder that the United States failed to qualify for the world’s biggest sporting event. U.S. Soccer just received a huge boost, though, after being named a 2026 World Cup Host alongside Mexico and Canada. What Happened...

The Golden State Warriors closed out the Cleveland Cavaliers on Friday to win their third NBA championship in four years. If not for a dramatic come-from-behind Finals victory by the Cleveland Cavaliers in 2016, the Warriors would have four consecutive championships, a distinction that would place...

Tech firms are capitalizing on cord-cutting by ramping up original content and striking new deals to stream live sports. Twitter Inc (NYSE: TWTR) won the first NFL contract to stream "Thursday Night Football," a deal now owned by Amazon.com, Inc. (NASDAQ: AMZN)’s Twitch, which also...

Justify will attempt to reach the pinnacle of horse racing on Saturday, and become the 13th thoroughbred to win horse racing's Triple Crown. With Hall of Fame jockey Mike Smith aboard, Justify is a 4/5 morning line favorite to accomplish the feat, last achieved by American Pharoah in 2015. Post...

It’s no coincidence that boxer Floyd Mayweather’s nickname is “Money.” Mayweather tops the Forbes list of 2018’s highest-paid athletes, having earned roughly $285 million last year. The pugilist's income is comprised of roughly $275 million in salary in...

Does a Super Bowl trophy glow as brightly when the victory is against a second-string defense? What if the seventh game of the World Series was only seven innings long?Unfortunately, we're about to view a Belmont Stakes with a watered down field. Monopolies in the business world are frowned...

States may now be free to pursue legal sports betting, but due to high commissions, it's still a largely unprofitable venture for the bettor. The house still wins, but the development of a peer-to-peer betting network could ultimately decrease the commissions on bets that the house takes, which...

Frank Shamrock, the former undefeated UFC champion, made quite a name for himself and the mixed martial arts world in the 1990s. In recent times, it’s no longer sports that are attracting attention to his character. Instead, it’s cannabis where Shamrock is focused. So how does a high-...

With states now free to pursue legal sports betting, the NCAA will likely face even more pressure to finally compensate its players with more than scholarships. The National College Athletic Association is perhaps the most vulnerable to potential corruption among players in the wake of the Supreme...

Skechers USA Inc (NYSE: SKX) has accused German footwear maker adidas AG (ADR) (OTC: ADDYY) of blocking Skechers' entry into the basketball shoe market in a lawsuit filed in U.S. District Court.  The lawsuit, filed May 9, came one day before a U.S. Appeals Court decision...

Whereas the Kentucky Derby field of 20 horses still yielded nice payouts, the eight-horse field in the Preakness Stakes doesn’t offer a similar risk-reward scenario. Handicappers that went with the favorite in the Derby, Justify at 5-2 odds, profited a respectable $5.80 for every $2 wagered....

"Fortnite" emerging as the biggest video gaming story of the year has had a profound effect on Turtle Beach Corp (NASDAQ: HEAR), a gaming headset manufacturer that has seen its shares rise a remarkable 770 percent in 2018. Huge Success Turtle Beach is seen as a nearly pure play to...