GMVHF - Major league baseball set to start on April 7 after labor deal worked out
DraftKings (DKNG -0.8%) cut its loss on Thursday after ESPN reported that Major League Baseball and the MLB Players Association reached a tentative agreement on a new labor deal. The agreement still needs to be ratified by both parties, but players could report to spring training camps as early as Friday. Opening Day could be set for April 7. Watch Vivid Seats (SEAT -9.7%), which factored in a loss of several months of the baseball season to its FY22 guidance. It is also a positive development for MGM Resorts (NYSE:MGM), Penn National Gaming's (NASDAQ:PENN) Barstool and FanDuel (MGM, OTCPK:GMVHF).
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Major league baseball set to start on April 7 after labor deal worked out