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.

The Mumbai Indians beat the Chennai Super Kings in a stunning 2019 final. Disney now owns IPL streaming rights. (Image: Robert Cianflone/Getty)

Disney Posts Upside Earnings Surprise Thanks to Cricket

Cricket and sports betting came up multiple times during Walt Disney’s earnings call on Thursday. It was a knuckleball for Disney analysts who normally focus on theme parks and movies. They failed to predict the impact of Disney’s newest revenue streams. Disney’s parks can’t operate at full capacity, due to […]

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

Casino Stocks Soar After Wynn and Penn National Post Ugly Earnings

Wynn Resorts and Penn National Gaming announced worse-than-expected earnings last week. Yet, nearly every casino stock rose on the news. Sports betting may be one reason why investors are ignoring the present and looking to the future. Wynn’s stock price jumped 7.7% on Friday, following the casino company’s lackluster earnings […]

Steven and Alex Cohen used their Twitter accounts to interact with fans. The Mets owners, however, shut down his account after receiving threats in the wake of the GameStop saga. (Image: @MrMet)

How Sports Got Tangled Up in the GameStop Stock Wars

By now, most people have heard about the recent battle over a videogame retailer’s stock. But, few understand how the GameStop stock saga impacted sports and gaming. An MLB owner, a casino company — and even the Super Bowl — all became part of the drama. It all started with […]

"Lost Puppy" was Budweiser's 2015 Super Bowl ad. (Image: Anheuser-Busch)

No Budweiser Super Bowl Ad for the First Time in 37 Years

Anheuser-Busch announced it won’t be placing any Budweiser ads in Super Bowl 55. But don’t worry, the Clydesdale horses aren’t out of work. Instead, Sam Adams will feature the iconic breed in an East Coast ad campaign. Budweiser isn’t the first brand to drop out of this year’s Super Bowl. […]

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

Online Sports Betting Update: Connecticut and Texas File New Bills

In the wake of the pandemic, more states are pushing through online sports betting bills. Connecticut, which had a number of bills fail in previous sessions, may finally have a winner. Even gambling-averse Texas recently filed an online sports betting bill. A number of states rushed to legalize sports betting […]

Atlanta Dream players walk by a Black Lives Matter graphic at the Feld Entertainment Center in Florida. Dream co-owner was critical of WNBA's BLM messaging.

If Kelly Loeffler Is Out as Atlanta Dream Owner, Is LeBron James In?

The WNBA confirmed on Tuesday that the Atlanta Dream will soon have a new owner. The pending sale, first reported by the Atlanta Journal-Constitution, will likely displace Kelly Loeffler, providing leadership more in step with the league and its players. Loeffler wedged herself between a rock and a hard place. […]

Mean Joe Greene drank more than 18 Cokes while making this iconic 1979 Super Bowl ad. (Image: Coca-Cola)

Coca-Cola Among Big Brands Bowing Out of Super Bowl 55 Ads

Last year, advertisers spent a record-breaking $435 million on Super Bowl ads, according to Kantar Media. This year probably won’t break any records, however, now that Coca-Cola, Pepsi, and Hyundai have decided to pass. A number of factors contributed to last year’s record Super Bowl ad spend. The NFL’s regular-season […]

in 2015, Sheldon Adelson bought the Las Vegas Review Journal, the largest daily paper in Nevada. (Image: Ethan Miller/Getty)

Renowned Casino Mogul Sheldon Adelson Died Within Days of Leave

Las Vegas Sands founder Sheldon Adelson died on Jan. 11 at age 87. He died within days of taking a leave of absence as the company’s CEO to restart cancer treatments. Adelson successfully built a casino empire and amassed billions, but his political and online gaming legacy may prove as […]

Kansas City Chiefs' Byron Pringle ran a kickoff back for a touchdown on Oct. 25. The (Image: Jack Dempsey /AP)

Sportsbooks Could Get New NFL Futures Contracts to Hedge Risk

A new set of NFL futures contracts could help sportsbooks and stadium owners offload unwanted risk. If approved, Eris Exchange, LLC (ErisX), will offer moneyline, point spread, and over/under futures contracts for every NFL game. While sports bettors won’t be able to trade these contracts, they could benefit from better […]

Allen Iverson has been one of Reebok's key assets. (Image: Reebok)

Reebok For Sale: Can Master P and Baron Davis Save the Iconic Brand?

After 15 years, Adidas is throwing in the towel and putting Reebok up for sale. Hip-hop entrepreneur Perry “Master P” Miller and former NBA star Baron Davis think they can turn the iconic company around. Success won’t be a slam dunk, however, given Reebok’s hefty $2.4 billion price tag. Reebok […]

Kevin Durant celebrates during the  Seattle SuperSonics' last home game as a Seattle SuperSonics' the Dallasgame in Seattle, Sunday, April 13, 2008. The Sonics won 99-95. (Image: John Froschauer/AP)

NBA Reveals Expansion Teams Likely: Seattle and Vegas Rumored

Expansion would allow the NBA to pocket billions of dollars that it won’t have to share with players. That’s a tempting option for the cash-strapped league. It’s so tempting, in fact, that NBA Commissioner Adam Silver has changed his tune about keeping the league’s team count at 30. The NBA […]

Michael Jordan credits his older brother Larry (right) for making him a better basketball player. A new study suggests an older sibling is common among athletes that achieve at the highest levels. (Image: Dimitrios Kambouris/Getty)

Decoding GOATs: Study Reveals Secrets of Athletes Who Make History

Athletic superstars — or GOATs — share certain traits, according to a recent study. Knowing what they are may help you raise one, or more importantly, draft one. When drafting a player, it may be as important to know if they have an older brother than their average yards per […]

As Under Armour has cut ties with both colleges and pros, pinning all its hopes on its new Curry Brand. (Image: Under Armour)

Shoes News: Nike Crushes Earnings, UA Pins Recovery on Curry Brand

Nike beat earnings expectations for the quarter ended Nov. 30. The athletic apparel company was able to boost revenues by 9%, even in the midst of the pandemic. Meanwhile, Under Armour is hoping its new “Curry Brand” will guide it back toward growth. Predictably, most retail companies have struggled this […]

Gretzkey's O-Pee-Chee rookie cards is one of only two graded a perfect 10. (Images: Heritage Auctions)

What Wall Street Thinks About Gretzky’s $1.29M Rookie Card Record

Wayne Gretzky’s O-Pee-Chee rookie card recently sold for $1.29 million, setting a new record for collectible hockey cards. Sports memorabilia collectors have come to expect record-breaking sales in 2020, but this year’s collectibles market is so hot, even Wall Street is starting to notice. There have been a number of […]

The former baseball stadium near Dallas  (Image: USA Cricket)

Revamped Dallas Stadium to Become Home of USA Cricket

Major League Cricket has permission to redevelop a former independent league baseball stadium near Dallas, making way for the second cricket stadium in the US. Once converted, the former AirHogs Stadium will become the home of USA Cricket, the governing body of cricket in the United States. The renovated stadium […]

Even after a $3.5 million ballpark facelift, the Fresno Grizzlies get demoted from Triple-A to Low Single-A. (Image: Getty)

Baseball’s New Minor Leagues Won’t Offset Team Cuts

MLB announced the addition of three new minor leagues in 2021. But, the two new college leagues and a new independent league won’t be enough to offset the more than 40 teams the MLB eliminated last year. MLB officially invited only120 of its existing 162 professional minor league teams to join […]

Last week, Las Vegas Sands announced the temporary closing of its Palazzo tower suites. (Image: Las Vegas Sands)

Sheldon Adelson is Pushing for Sands Casinos in Texas

When the Texas Legislature kicks off its January session, it will be greeted by a bevy of top-notch casino lobbyists. Sheldon Adelson is sending his best and brightest to the Lone Star State, with the goal to legalize gambling. Texas has been a gambling holdout. But the pandemic’s toll on […]

Spectators feared the worst as fire engulfed Grosjean's cockpit. (Image: Getty)
Bahrain Grand Prix

Romain Grosjean Miraculously Walks Away from Fiery F1 Crash (VIDEO)

After 32 long seconds engulfed in flames, Romain Grosjean emerged from a horrific first-lap crash. After hitting the ArmCo barrier in turn three of the Bahrain Grand Prix, Grosjean’s car broke apart and the fuel tank exploded. Miraculously, he emerged with minor injuries. Veteran F1 fans described it as “bone-chilling” […]

In April, Twin River Holdings -- now Bally's -- acquired Bally's Atlantic City for a song. (image: Bally's Atlantic City)

Bally’s Buys Bet.Works, Forges Sinclair Broadcast Partnership

Bally’s Corporation, formerly Twin River Worldwide Holdings, acquired the sportsbook and iGaming technology company, Bet.Works. But that wasn’t Bally’s only mega-deal this week. Bally’s also announced a strategic partnership with Sinclair Broadcast Group, which sent both their stocks soaring. Bally’s recent deals should boost its sports betting profits. At least […]

Activision Blizzard's new Call of Duty Black Ops Cold War (Image: Activision)

Investing in Sports Betting and Esports Through Sector Funds

Two sports-related sectors have thrived this year, even in the midst of the pandemic. In many cases, investing in sports betting and esports companies produced outsized gains. Picking individual winners, however, can be tricky. But that’s where exchange-traded funds (ETFs) can help. ETFs are listed on major stock exchanges and […]