Amy Calistri

Amy Calistri

Business and Investment Correspondent  |  AUSTIN, TX

Muck Rack profile

Amy Calistri got her high school letter in golf and hasn't golfed since. She has a collegiate letter in wrestling, but never wrestled. She was arguably the worst catcher in IBM's coed softball league. But she is a hardcore sports fan, having spent her formative years yelling from Boston Garden's second balcony and Fenway's cheap seats. She loves when she can combine her love of sports with her business acumen. Amy is published in the areas of economics, investing, statistics, poker, and the sports and gaming industries.

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Gaming News: Microsoft Buys Activision Blizzard, Take-Two Buys Zynga

Microsoft has suddenly become the world’s third-largest gaming company behind Tencent Holdings and Sony following its announcement Tuesday that it acquired Activision Blizzard for $68.7 billion. The news came just as the gaming community was digesting Take-Two Interactive’s purchase of Zynga. Gaming is one of the few sectors to excel […]

Peyton Manning waves after the Broncos AFC Championship victory over the New England Patriots.  (Image: Joe Amon/Getty)

John Elway, Peyton Manning Vie for Denver Broncos Ownership

John Elway and Peyton Manning are both in the hunt for an ownership stake in the Denver Broncos. Meanwhile, the team is not officially for sale. A recent court decision, however, may finally pave the way for new ownership. Pat Bowlen placed the Denver Broncos in a family trust back […]

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MINT25 Auction: Babe Ruth Contract, Michael Jordan Last Dance Jersey

If the MINT25 auction is any indication, sports collectibles are going to enjoy another big year. This collection features 25 iconic items, including a 1918 signed Babe Ruth contract. While Ruth’s contract could fetch upwards of $1 million, a rare item signed by Tom Brady could top $2 million. The […]

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The New York Times to Buy The Athletic for $550 Million

The New York Times plans to acquire The Athletic for $550 million. The acquisition of the sports media company solves two problems for the 170-year-old newspaper. The NYT’s sports coverage has always been thin. Meanwhile, the paper has been looking for ways to expand its digital subscription base. Buying The […]

The Scranton/Wilkes-Barre RailRiders are a triple-A affiliate of the New York Yankees. (Image: Gettty)

UFC Owner Endeavor to Buy 10 Minor League Baseball Teams

Endeavor Group Holdings has agreed to buy 10 Minor League Baseball teams, including the affiliates of prominent MLB franchises like the New York Yankees and the Atlanta Brave. One of the teams, the Oklahoma City Dodgers, is currently co-owned by Endeavor President Mark Shapiro. Endeavor got its start as a […]

Hard Rock to Buy the Mirage from MGM for $1 Billion

Hard Rock to Buy the Mirage from MGM for $1 Billion

Hard Rock International announced on Monday that it will buy the Mirage Hotel & Casino for $1.075 billion. The Florida-based company will also spend $1.5 billion to remodel the resort, adding another hotel tower. MGM Resorts will net $815 million from the sale after taxes and fees. Hard Rock International […]

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Odds Favor a Delayed Season Start After MLB Lockout

MLB owners instituted a lockout after Wednesday’s deadline for a new collective bargaining agreement came and went. It’s the first MLB work stoppage since the 1994 strike and, while there is plenty of time before the March 31, 2022 opening day, punters are already betting on a delay. It’s true […]

Macau casinos (Image: Chris McGrath/Getty)

Junket Operator’s Arrest Drives Macau Casino Stocks Down

Macau casino stocks tanked this week after the arrest of 11 junket operators. Alvin Chau, Suncity Group Holdings’ CEO, was among those detained. The region’s casino stocks were already struggling due to new virus concerns, but the specter of more regulatory crackdowns pushed them lower still. During the ’08-’09 financial […]

A parlay card had won four football games in NFL Week 4 betting, but LeBron James and the Lakers killed the card when the team couldn’t cover the first half spread against Miami Heat. (Image: Getty)

Fenway Sports Group Pays $900M for Pittsburgh Penguins Majority Stake

Fenway Sports Group (FSG) plans to take a majority stake in the NHL’s Pittsburgh Penguins. The deal, which still needs NHL owners’ approval, is reportedly valued at $900 million. The Penguins will join Fenway Sports’ portfolio of teams that include the Boston Red Sox, the Salem Red Sox, Liverpool FC, […]

Failed Sports Betting Deals: DraftKings, Entain, WynnBet and Austerlitz

Failed Sports Betting Deals: DraftKings, Entain, WynnBet and Austerlitz

Over the past month, two big sports betting deals have gone bust. DraftKings dropped its $22 billion offer for Entain while, meanwhile, Wynn Resorts called off the merger of WynnBet with Austerlitz Acquisition. And in the blink of an eye, the red-hot sports betting market has started to cool. Once […]

NLF QB Tom Brady and his wife Gisele Bundchen own stakes in FTX (Image; George Pimentel/Getty)

Latest Cryptocurrency Sports Deals Include LA Arena, Brady and Ohtani

The number of cryptocurrency deals in sports continues to climb. Crypto.com recently made headlines with a record-breaking $700 million naming rights deal for LA’s Staples Center. Meanwhile, the NFL’s Tom Brady and MLB’s Shohei Ohtani are cashing in with cryptocurrency hookups. In 2021, the value of cryptocurrencies soared. As a […]

FanDuel Sportsbook will soon be offering live streams of tennis and some European soccer through its mobile betting app. (Image: Ed Scimia/OnlineGambling.com)

DraftKings and FanDuel Still Waiting for Nevada Approvals

DraftKings and FanDuel still don’t have licenses to operate in Nevada, but that’s not for lack of trying. Both sportsbook companies have submitted applications to the Nevada Gaming Control Board. Their applications, however, have been “pending” for a considerable amount of time. It seems strange that two of the biggest […]

Milwaukee Bucks owner Marc Lasry resigned as Ozy Media's Chairman. Lasry, who is one of the companies investors joined the board in April. (image: CNBC)

Milwaukee Bucks Owner Quits Ozy Board Amid Bizarre Fraud Allegations

Milwaukee Bucks owner Marc Lasry quit as Chairman of Ozy Media amid allegations of corporate fraud. Ozy Media recently came under fire after its COO impersonated a YouTube executive to secure funding. And that wasn’t Ozy’s first bizarre misstep. Ozy Media was an up-and-coming online media company with a charismatic […]

The Cosmopolitan casino will be changing hands again (Image: The Cosmopolitan)

Merger Roundup: MGM Buys Cosmopolitan, Endeavor Grabs OpenBet

It was another busy week in gambling mergers. MGM Resorts will pay $1.63 billion to operate The Cosmopolitan. Meanwhile, Endeavor will buy sports betting platform OpenBet from Scientific Games for $1.2 billion. While most of the mergers in the gambling industry involve sports betting, there are still a handful of […]

Soccer Football - Premier League - West Ham United FC is one of the Premiere league clubs Jarrod Bowen celebrates scoring their first goal with Vladimir Coufal.  (Image: Glyn Kirk/Reuters)

UK May Ban Gambling Ads on Jerseys Just as US Introduces Them

The UK is considering a ban on gambling company ads on the front of Premier League soccer jerseys. Meanwhile, Caesars Entertainment just announced it would advertise its sportsbook on the front of the Washington Capital’s NHL jerseys. The news highlights the countries’ contrasting sports betting history. Bookmakers have been legal […]

DraftKings has launched the first retail sportsbook in New Hampshire at The Brook in Seabrook. (Image: DraftKings)

DraftKings Bids $20 Billion for Entain in Sports Betting Mega Merger

DraftKings offered to acquire the UK-based sports betting and gambling company Entain. Entain has a 50% stake in BetMGM and operates the Ladbrokes, PartyPoker, bwin, Sportingbet and Coral brands. CNBC’s sources report the offer is for $20 billion in DraftKings’ stock and cash. Investors quickly reacted to the news. Entain’s […]

The Intuit Dome (Image: LA Clippers)

LA Clippers Intuit Dome Sets Record for Naming Rights, Toilets

Software provider Intuit will pay $500 million for the naming rights to the LA Clippers new arena. That 23-year contract set a record in the NBA. Meanwhile, the Intuit Dome will set another record — one for the highest toilet ratio in the league. The LA Clippers currently play at […]

FanDuel Sportsbook will soon be offering live streams of tennis and some European soccer through its mobile betting app. (Image: Ed Scimia/OnlineGambling.com)

Sports Betting Boosts NFL Opening Week Ratings and Ad Spending

CBS and NBC both reported a double-digit ratings increase for last week’s NFL games. Meanwhile, the NFL’s sportsbook partners treated viewers to roughly 100 ads. In related news, sports betting activity was at an all time high during the NFL’s opening week. Last season, NFL ratings slumped for the first time […]

Overall, Wynn's Q4 earnings were down XX%, but Strip casinos (Image: John Locher/AP)

Casino Stocks Crash as Macau Considers Tighter Regulations

Shares of casino stocks tanked on Tuesday after Macau announced it will revise its gambling regulations. In just one day, casino companies operating in the world’s largest gambling center lost roughly $18 billion in stock value. On Tuesday, Macau’s Secretary for Economy and Finance announced a 45-day consultation period for […]