Walt Disney at two-month high after the US Supreme Court opened the door for sports betting
- The value of ESPN's offerings may increase amid more interest in sports because of betting potential.
- Disney's Marvel Avengers: Infinity War claimed the top spot at the box office for the third straight weekend. It is already #5 all-time for highest grossing films at $1.6 billion. Solo: A Star Wars Story comes on on May 25.
- Disney sold off despite strong Q2 results on May 9
- Owner of the New York Knicks and New York Rangers Madison Square Garden (MSG) is modestly higher while MSG Network (MSGN) is modestly lower.
- Gaming stocks with potential sports gambling exposure trading higher: TSG +12.03% SGMS +10.59% CZR +4.98% IGT +4.00% PENN +3.54% BYD +2.66% ERI +2.14% PNK +1.49% MGM +0.60%