WWE releases more talent, new rival could reap benefits

WWE releases more talent, new rival could reap benefits

WWE is releasing more high-profile talent from their contract as the company says they are grappling with budget cuts.  Unlike recent years, these releases are under more of a microscope with the incarnation of new wrestling startup All Elite Wrestling (AEW). WWE may...
WWE third quarter revenue rebounds with the return of live events

WWE third quarter revenue rebounds with the return of live events

Live entertainment is back across the country, and people are reopening their wallets when WWE (NYSE: WWE) comes to town. The professional wrestling conglomerate expects strong demand for its live events and from merchandise sales at the venues where its events are...

Second set of NFTs on WWE SummerSlam weekend bring mixed results

By K. Jared Wright WWE (NYSE: WWE) is trying to find new streams of revenue amid a post-pandemic world.  The company has begun to dive into the world of blockchain technology, selling non-fungible tokens (NFTs). NFTs are digital assets which are bought and sold...
Wall Street betting on sports

Wall Street betting on sports

By K. Jared Wright Casinos are re-opening for business amid COVID-19, and the legalization of sports betting in over half the country has business booming. Casino stock prices are set to soar in conjunction with the re-openings as the legalization of sports betting...