The Barstool effect is real

[The beef 675] [I'm an image] "Will we be able to take action on Tony Romo guessing every play before it happens?" - Jeff [Read The Beef Online - Click Here]( Hey there carnivores, It was #mondayfunday for the markets, S&P and Nasdaq both closed at record highs. Today we’re talking CBS’ big bet. Keep raging, Jeff & Jason [Image] [I'm an image] Betting big Viacom is dipping its toes into the waters of sports betting, as it [announced a partnership]( between its CBS Sports property and betting operator William Hill. The deal itself had not been disclosed, but sources say it’s a multiyear agreement and will kick in before the kick-off of next year’s NFL season. Fine print Further details of the deal include William Hill paying a fee to CBS, in order to access its audience of over 80M people and place [sponsored content]( across CBS’s platforms. William Hill’s goal, and you know they have one, is to get CBS Sports users to download its app and put money into betting accounts. Again, not surprising. More of the same While a deal like this might seem like a big step towards public acceptance of gambling, (your uncle who lost his kid’s college money in Atlantic City excluded) CBS could be considered late to the game. AT&T, Fox, and even Disney are placing their bets on sports gambling. That, combined with the recent acquisition of 36% of Barstool by Penn National Gaming for $163M, show how late CBS might have actually been. They were still putting their pads on in mom’s minivan while the rest of the players were already on to tackling drills. The bottom line... Sports gambling is a risky business. And not just for someone waiting on both payday and the Hawks to cover the second half. While in [2018](, the Supreme Court cleared the way for legal sports betting, 30 more states still have to sign on. Sure, companies can pair up and make it easier than ever to gamble your mortgage on a Big Sky tournament basketball game, but a majority of the target audience resides in states where it’s still illegal. Good news if you happen to run an off-shore gambling ring. [I'm an image] The recipe of any millionaire trader is timing and consistency... And with Nathan Bear’s street-beating secret weapon you can achieve both on your way to a 7-figure trading account. Nathan’s proprietary indicator recently earned him a 215% win in 2 days on LRCX. You can get your hands on it, but access to this tool ends at midnight tonight. [I WANT NATHAN’S INDICATOR]( [I'm an image] ☑️Deal or no deal… Can you close the deal now? Good. Sprint stock rose a very nice 69% in after-hours trading Monday following a report that a US District judge [is expected to approve]( the $26.5B with T-Mobile. This approval would end the nearly two-year discussion as to whether the deal between the number 3 and 4 wireless providers would vastly limit the number of options consumers have when choosing a wireless carrier (spoiler: it would), and raise prices for customers. Sprint wasn’t the only company to benefit, as T-mobile’s stock rose *checks notes* 8% in after-market trading. ☑️Ups and downs Slack stock had one helluva day, rising enough that [trading was halted]( when reports came out that IBM would make Slack its sole communications provider. Shares surged more than 15% on the news, as it guaranteed Slack Slack would have 350k more daily active users. The only problem… was the minor detail that IBM was already Slack’s largest customer and has been for several years. The reality was that 300k of IBM’s employees already had access, and it was looking to expand that to the remaining 50k. Slack’s stock came back down to earth in after-hours trading, falling 7.27%. Hey, still up on the day. Not bad for a day’s $WORK. ☑️Seeing green, and I ain't talking spinach Allow me to reintroduce myself. The return of Popeye’s chicken sandwich [had a big impact]( on the number of in-store fights but restaurant sales as well (who knew...). Restaurant Brands, the parent company of Popeyes and Burger King, topped EPS estimates (75 cents to 73 cents) and revenue projections ($1.48B to $1.46B). Popeye’s same-store sales grew by 34% during Q4, which was the same quarter that the chicken sandwich was permanently brought back to the menu (November)... Coincidence? The sandwich was originally brought back in August but sold out before the month’s end. Restaurant Brands (QSR for some reason?) rose 2.74% on the day. ☑️Mallrats Nobody: Absolutely nobody: Really, not a single soul: David Simon: “F*ck it, let’s buy another mall.” Simon Property Group [has chosen to expand]( its mall empire and buy rival Tauban Centers. The $3.6B deal comes weeks after Simon announced plans to contribute to a bankruptcy purchase of Forever 21 for $81M. This man must be stopped. In an era where many mall landlords (Paul Blart?) are shedding debt and closing weaker locations, Simon has seemingly chosen to build his portfolio and rescue crucial tenants that might just be down on their luck. Some investors speculate that this deal may mean that mall owner share prices are nearing a bottom. RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 Neither Raging Bull nor RagingBull.com, LLC (publisher of Raging Bull) is registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. 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