The Motley Fool

OCTOBER 7, 2024

We're still early in the sports betting world It wasn't until May 2018 that the U.S. Supreme Court gave states the freedom to decide how and if they'd legalize and regulate sports betting. The good news, though, is that it looks like a bargain for long-term investors. Since then, the number of U.S. Image source: Statista.

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Private Equity Insights

AUGUST 16, 2023

The deal marks a win for private equity firm Rhone Capital, which took Fogo de Chão private for $560m in 2018. Kirkland & Ellis served as legal counsel to Bain. Morgan Stanley & Co LLC is serving as financial adviser to Fogo de Chão and Rhône, while Sullivan & Cromwell served as legal counsel.

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The Motley Fool

JULY 18, 2024

A legalization domino effect could expand its total address market When the U.S. Supreme Court ruled in May 2018 that states could decide if and how to regulate sports betting, only five states had legalized it: Delaware, Nevada, New Jersey, Mississippi, and West Virginia. As of today, that number has jumped to 27.

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The Motley Fool

SEPTEMBER 23, 2024

Ares Capital Ares Capital is a business development company ( BDC ), which means it can legally avoid paying income taxes by distributing nearly all its profit to shareholders as a dividend. It's been able to maintain or raise its payout since beginning a dividend program in 2011, with a brief exception in 2018.

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The Motley Fool

SEPTEMBER 22, 2023

In 2018, the U.S. Supreme Court made federal sports betting legal in its Murphy vs. NCAA case. sports betting is still in the early stages While the Supreme Court's decision made sports betting legal on the federal level, each state dictates whether they'll allow it. allow some form of legalized sports betting.

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The Motley Fool

DECEMBER 10, 2023

A starting shot signaled the beginning of a long race on May 14, 2018. Supreme Court ended the federal ban on sports gambling , allowing states to decide for themselves whether to make sports gambling legal for their residents. These numbers don't factor in momentum around sports betting legalization in new markets either.

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The Motley Fool

AUGUST 8, 2024

Supreme Court opened the door for sports betting legalization to states in May 2018, and since then, the number of online sports betting (OSB) users has skyrocketed. A short-term risk to its customer acquisitions and retention An interesting move from DraftKings involves how it plans to handle high taxes in select states.

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The Motley Fool

DECEMBER 28, 2023

The company hasn't increased its payment every year, but it has grown the payout at a 6% compound annual pace since 2018. The company is paying about 10 times estimated 2024 earnings before interest, taxes, depreciation, and amortization ( EBITDA ) for these assets. times in 2018. dividend yield. billion to $6.8

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The Motley Fool

MARCH 20, 2024

Since the 2018 Supreme Court ruling that paved the way for legalized sports betting in the United States, sportsbooks in the 38 states where wagering is legal have generated over $24 billion in revenue, according to The Motley Fool's research. Plus, states that have legalized sports betting have received $4.33

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The Motley Fool

MARCH 7, 2024

Supreme Court paved the way for states to legalize and regulate sports betting in May 2018, momentum has been growing. When the Supreme Court made its decision, five states had legalized sports betting. If you're looking for a good buy within an emerging bull market , here are three reasons to look no further.

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The Motley Fool

JANUARY 9, 2024

Sports betting is picking up momentum among states In May 2018, the U.S. Supreme Court declared the Professional and Amateur Sports Protection Act (PASPA) unconstitutional, paving the way for states to have the power to choose whether they wanted to legalize and regulate sports betting. Legalization efforts seem to be gaining momentum.

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The Motley Fool

OCTOBER 11, 2024

Although Buffett hinted during Berkshire's annual shareholder meeting in May that paring down his company's stake in Apple was done for tax purposes, it's quite possible valuation also came into play. In the years since the financial crisis, Bank of America has been able to put its legal issues firmly in the rearview mirror.

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The Motley Fool

MARCH 22, 2024

Supreme Court lifted the federal ban on sports wagering back in 2018, DraftKings was already well-positioned to capitalize on the new opportunity. Since then, 38 states have legalized sports betting of one sort or another. billion last year, versus 2018's mere $226 million. And it's still not turning an annual profit.

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The Motley Fool

JULY 15, 2024

The 2018 acquisition of Mazor Robotics for $1.6 Agree Realty Agree Realty is a real estate investment trust ( REIT ), which means it can legally avoid income taxes by distributing nearly all it earns to shareholders as dividend payments. billion is a prime example of Medtronic's size advantage. At recent prices, it offers a 4.7%

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The Motley Fool

NOVEMBER 3, 2024

They're also popular among income-seeking investors because they can legally avoid paying income taxes by distributing at least 90% of their earnings as dividend payments. With a brief exception in 2018, it has raised or maintained its payout since 2015. At recent prices, Ares Capital offers investors a 9.1% 30, 2024, on Nov.

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Private Equity Wire

SEPTEMBER 18, 2023

Latham & Watkins LLP served as legal counsel to SK Capital. Legance and Alpeggiani Studio Legale Associato served as legal counsel and STS Deloitte served as tax advisor to Ecopol. Lead arrangers and bookrunners Crédit Agricole Italia S.p.A. and Intesa Sanpaolo S.p.A and Intesa Sanpaolo S.p.A

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The Motley Fool

OCTOBER 15, 2024

These specialized entities are generally popular among income-seeking investors because they can legally avoid paying income taxes by distributing nearly all their earnings to shareholders as dividend payments. With a brief exception in 2018, it's raised or maintained its dividend payout since its initial public offering in 2011.

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Cobalt

OCTOBER 11, 2024

Key Takeaways To establish the list of elections we looked at Brazil (Q4 2018, 2022), Mexico (Q3 2018, 2024), Argentina (Q4 2015, 2019, 2023), and Colombia (Q2 2018, 2022). The information contained in this blog post is not legal, tax, or investment advice. This blog post is for informational purposes only.

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The Motley Fool

JANUARY 15, 2024

Altria's legal team began flexing its muscles last October, with 34 suits against distributors and retailers of illicit e-vapor products in California. Higher prices for Marlboros and increasing sales of non-smokable products allowed the company to record revenue net of excise taxes that fell just 0.8% year over year.

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Cobalt

SEPTEMBER 17, 2024

Key Takeaways To establish the list of elections we looked at Brazil (Q4 2018, 2022), Mexico (Q3 2018, 2024), Argentina (Q4 2015, 2019, 2023), and Colombia (Q2 2018, 2022). The information contained in this blog post is not legal, tax, or investment advice. This blog post is for informational purposes only.

Legal 52

Legal Liabilities Taxes Returns 52

The Motley Fool

SEPTEMBER 18, 2023

PennantPark Floating Rate Capital PennantPark Floating Rate Capital (NYSE: PFLT) is a business development company (BDC), which means it legally avoids paying income taxes by distributing at least 90% of profits to investors as a dividend. These rules make steady dividend growth extra challenging, but this BDC appears up to the task.

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The Motley Fool

MARCH 13, 2024

Should their rate of accumulation continue, this halving could be particularly explosive, especially considering that the number of bitcoins available for purchase on exchanges is at its lowest level since 2018. Yet, with three years of data since elevating Bitcoin to legal tender, the results are proving advantageous for the small country.

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The Motley Fool

DECEMBER 13, 2023

Supreme Court's decision to officially legalize wagering on sporting events in 2018. 2018: 18% 2019: 43% 2020: 90% 2021: 111% 2022: 73% 2023: 76% (through the first nine months) Image source: Getty Images. Shares of the online wagering and fantasy sports leader have more than tripled in 2023. Business is slowing.

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The Motley Fool

SEPTEMBER 19, 2023

Opera (NASDAQ: OPRA) has been a divisive investment since its IPO in 2018. That acquisition paved the way for its IPO in 2018. The bears will note its namesake web browser controls less than 3% of the global market (according to Statcounter), it's losing monthly active users (MAUs), and its sales growth is decelerating.

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The Motley Fool

FEBRUARY 15, 2024

Today, sports betting is legal in 38 states plus DC, and we all walk around with virtual casinos in our pockets. Basically casino style gambling for many years was only legal in Nevada, New Jersey, rolled the dice in it, legalized it in '76. More states started to legalize it. Mary Long: In 2018, Americans wagered 4.6

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The Motley Fool

JANUARY 30, 2024

In most cases, they made the maximum legal contribution they were allowed to make in any given year. Just ask the folks working for General Electric back in 2017 and 2018, when the company's stock was routed after several liquidity problems finally came to a head. That's easier said than done, especially these days.

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The Big Picture

MAY 21, 2023

We collect a much smaller share of our GDP in taxes every year. ( Media Matters ) • Envision Healthcare files for Chapter 11 bankruptcy Envision suffered from declining profits amid hurdles from the COVID-19 pandemic and prolonged legal battles with health insurer UnitedHealthcare. billion including debt.

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Hedge Funds Private Equity Firms Private Equity Firms Bidding 119

The Motley Fool

MARCH 9, 2024

billion, and overall revenue, excluding excise taxes, fell 2.4% In 2018, it spent $12.8 In 2018, it spent $12.8 An investment in Canadian cannabis grower Cronos Group also led to write-downs and losses, as that industry has underperformed since Canadian legalization. decline in cigarette shipment volumes to 18.2

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Private Equity Wire

JULY 10, 2023

Since its initial investment in 2018, Nordic Capital has, together with the management and founders, made significant investments in the company’s technology platform, and product expansion. Macrobond was founded in 2008 in Malmö, Sweden, with the vision of becoming the global platform of choice for financial and economic research.

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The Motley Fool

DECEMBER 17, 2023

In 2018, she famously predicted that Tesla would hit a pre-split price target of $4,000, representing more than a 1,000% gain at the time, and that prediction came true. dollars in place of its own currency and made the cryptocurrency legal tender in 2021. Ark Invest CEO Cathie Wood is known for her wild price targets.

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The Motley Fool

FEBRUARY 14, 2024

Speaking of cash, Steve will take you through the details, but the timing of our expected tax return implementation milestone achievements in our transportation business both made for a year, we expect to improve upon in 2024. We only received $6 million of the $29 million federal tax refund related to 2018 in the fourth quarter of 2023.

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Ballast Advisors

AUGUST 18, 2023

In its annual Retirement Confidence Survey of current workers and retirees, the Employee Benefit Research Institute found that workers’ confidence in their ability to fund retirement fell by the largest extent since the financial crisis of 2008, to levels not seen since 2018. Retirees’ confidence also took a substantial hit.

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Cobalt

JUNE 14, 2023

The overall private market investment cycle is characterized by higher contributions during and following recessionary events (2000-2003, 2007-2010) and higher distributions immediately after the recovery (2004-2005, 2011-2018). The information contained in this blog post is not legal, tax, or investment advice.

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The Motley Fool

NOVEMBER 7, 2024

So we evicted them effective 9/30 and are taking legal action against them for whatever rent they owe us and in future rent. We are pursuing legal action against the prior tenant and trying to rectify the situation with the new one. That's the lowest since 2018. We have been. Probably going to break 100 million square feet.

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Cobalt

NOVEMBER 2, 2022

This marks the first time since 2018 that both cash flows were in line, as distributions rose steadily throughout the 2010’s. The information contained in this blog post is not legal, tax, or investment advice. The recent rise in NAV also brought the market nearly in-line with distributions for the region ($3.33 B and $3.45

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The Motley Fool

MAY 3, 2024

I would now like to hand the conference over to your speaker today, Stanton Dodge, chief legal officer. Stanton Dodge -- Chief Legal Officer Good morning, everyone, and thank you for joining us today. And I also think that the need for tax revenues is going to increase. And a continuation of really strong tax through Q4 and Q1.

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The Motley Fool

APRIL 25, 2024

We believe this is largely driven by lower and later tax refund payments to consumers so far in 2024, relative to what we've historically observed. Tax refunds are an important factor in credit seasonality. Even with the tax refund effects, auto credit performance remains strong. So, Rich, maybe just start off on credit.

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