Florida’s sports betting scene is on the brink of transformation, particularly with Hard Rock’s recent statements hinting at collaboration with established commercial sportsbooks. For years, the state has been an alluring target for betting operators, yet it has seen fierce competition, especially with the try of companies like FanDuel and DraftKings to establish a foothold.
Revenue
The University of Arizona (U of A) finds itself navigating a turbulent financial landscape as it prepares to enter the municipal bond market for the first time since receiving negative rating outlooks from major credit rating agencies. This $115.645 million revenue bond issuance, known as the Stimulus Plan for Economic and Educational Development (SPEED), marks
The financial landscape of 2024 has been daunting for investors, particularly as they navigate significant market fluctuations driven by geopolitical tensions and rising oil prices. According to insights from Morgan Stanley, numerous high-profile stocks are anticipated to face intensified selling pressures as the year progresses. This article dives into the mechanics of tax loss selling,
The Central Florida Tourism Oversight District, formerly known as the Reedy Creek Improvement District, is undergoing significant changes following Florida’s state intervention. This shift comes amidst a backdrop of local political strife and natural disasters that could influence the district’s financial stability and operational objectives. Originally designed to support the expansive Disney theme parks, the
Cleveland is set to return to the financial markets with significant bond offerings this month, reflecting the city’s continuing efforts to improve infrastructure and public services. This article delves into the details of both bond issuances, evaluates the city’s financial position, and discusses the implications for taxpayers and residents alike. The first of the two
The U.S. stock market has put forth a commendable performance during September, largely stimulated by the Federal Reserve’s much-anticipated interest rate cut. However, the backdrop of rising geopolitical tensions, particularly in the Middle East, poses potential threats to investor confidence in the short term. Despite these uncertainties, astute investors are encouraged to focus on long-term
In a pivotal move for Salt Lake City, the city council recently approved a ground-breaking agreement that could see the issuance of up to $900 million in bonds directed towards the renovation of the Delta Center, home to the NBA’s Utah Jazz, and the revitalization of a downtown urban district. This megadeal has ignited discussions
In the ever-evolving landscape of the music industry, Reservoir Media has carved a distinct niche, integrating music publishing, recorded music, and rights management to establish itself as a formidable player. With a diverse catalog and a strategy geared towards growth, this independent music royalty company faces unique challenges and opportunities as it navigates its journey
The ongoing conflict between Stellantis, the automotive giant resulting from the merger of Fiat Chrysler and PSA Group, and the United Auto Workers (UAW) has reached new heights with a recent lawsuit that underscores the deep divisions between management and labor. This legal dispute reveals the complexities of modern labor relations and raises pertinent questions
The recent strike by longshoremen at East and Gulf Coast ports, which lasted less than three days, has brought both immediate relief and long-term implications for the affected ports. While the strike’s conclusion may alleviate some immediate credit concerns, the significant salary increases negotiated in the new agreement could have longer-lasting effects on the financial