WSJ NEWS EXCLUSIVE | BUSINESS

Marlboro Maker Hits Reset on $2 Billion Bet on Medicine
Philip Morris considers selling stake in a recently acquired pharmaceutical business after setbacks

https://www.wsj.com/business/marlboro-maker...share_permalink

WSJ FINANCE | STOCKS | HEARD ON THE STREET

Bud Light Brewer Reminds Us It’s a Big World
Anheuser-Busch InBev signals a focus on developing markets and Mexican brands for growth

https://www.wsj.com/finance/stocks/bud-ligh...share_permalink

WSJ FINANCE | COMMODITIES & FUTURES

Trading Startup Sues Regulator in Effort to Launch Election-Betting Market
Lawsuit comes after Commodity Futures Trading Commission rejected Kalshi’s election-betting proposal

https://www.wsj.com/finance/commodities-fut...share_permalink

WSJ BUSINESS | HEARD ON THE STREET

Big Tobacco Can No Longer Name Its Price
Shifts in U.S. tobacco market are trickier for expensive brands like Marlboro to navigate

https://www.wsj.com/business/big-tobacco-ca...share_permalink

WSJ BUSINESS | RETAIL | HEARD ON THE STREET

Big Tobacco Rethinks Its Smoking Addiction
British American Tobacco has taken a $31.5 billion impairment on its cigarette brands, but switching to healthier products isn’t straightforward

https://www.wsj.com/business/retail/big-tob...share_permalink

WSJ BUSINESS | RETAIL | HEARD ON THE STREET

America’s Cigarette Market Is Up for Grabs
Philip Morris will soon be able to sell its most successful smoke-free product in the U.S., setting up a battle with former parent Altria

https://www.wsj.com/business/retail/america...share_permalink

Let's include cannabis in this thread.... after all, they are of the same category as "tobacco" and "gaming"...

WSJ FINANCE | REGULATION | HEARD ON THE STREET

Reclassifying Cannabis Still Leaves Pot Stocks in Limbo
Marijuana may soon be considered a less dangerous drug, but it is a long way from being treated like alcohol or tobacco

https://www.wsj.com/finance/regulation/decl...share_permalink

A REUTERS SPECIAL REPORT

Online-gambling giants conquer U.S. with tactics deemed too tough for Britain

Amid a U.S. boom in betting online, the European companies behind FanDuel and BetMGM are using features in America that they dropped in Britain after acknowledging them as risks to gamblers.

By Tom Bergin

https://www.reuters.com/investigations/onli...ain-2024-07-03/

Not encouraging you to gamble... just appreciate the beauty of the architecture lol

WSJ LIFESTYLE | TRAVEL | CARRY ON

A Farewell to the Resort That Created the Vegas We Know
The 3,000-room Mirage hotel changed the face of the city when it opened in 1989, spurring copycats up and down the Strip

https://www.wsj.com/lifestyle/travel/mirage...share_permalink

WSJ BUSINESS | HOSPITALITY

Standard General Agrees to Buy Out Bally
Standard General agreed to buy Bally’s for $18.25 a share, a 35% premium to closing price

https://www.wsj.com/business/hospitality/st...share_permalink

Genting in trouble

WSJ Business | Hospitality

Las Vegas Strip Casino Accused of Hosting Criminals
Resorts World executives ignored signs that some of its high-rolling gamblers were involved in illegal betting, Nevada regulator alleges

https://www.wsj.com/business/hospitality/la...share_permalink

They say the house is always the winner...

Bloomberg Businessweek | Sports

Inside the Companies That Set Sports Gambling Odds
Big-money data deals and advanced statistical models are helping to predict match outcomes and keep people betting.

https://www.bloomberg.com/news/features/202...known-companies

Please do not gamble...

WSJ Personal Finance

It Takes a Billion Dollars to Get Us to Buy Lottery Tickets Now
Mega Millions is raising the price of a lottery ticket to $5 and a dream

https://www.wsj.com/personal-finance/it-tak...share_permalink

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WSJ Markets & Finance

A Mystery $30 Million Wave of Pro-Trump Bets Has Moved a Popular Prediction Market
Four Polymarket accounts have systematically placed frequent wagers on a Trump election victory

https://www.wsj.com/finance/betting-electio...share_permalink

WSJ Markets & Finance | Investing | Heard on the Street

Marijuana Industry Could Stay in Limbo Under Trump
A hands-off policy on cannabis will be a bad outcome for a business already struggling with ambiguous laws

https://www.wsj.com/finance/investing/marij...share_permalink

Bloomberg Businessweek | The Big Take

Zyn’s Online Hype Risks Leading to the Nicotine Pouches’ Downfall
Zyn represents success for Philip Morris’ “smokeless” strategy and also a major challenge: How can the company sell cigarette alternatives that aren’t so tempting it gets in trouble for hooking kids?

www.bloomberg.com/news/features/2025-01-02/zyn-pouches-how-nicotine-product-got-popular-on-social-media?srnd=homepage-asia

FT Opinion | Lex

Health warnings on alcohol are an alert to investors too
With abstinence in vogue in the developed world, the drinks industry has little to be merry about

https://www.ft.com/content/b17e30aa-6597-42...a2-34d02c131d56

WSJ Business

America Has Fallen in Love With Long-Shot Sports Bets
Parlays, the tough-to-win multipart wagers with tantalizing payouts, are bringing in casual and newbie gamblers, and betting companies are making a killing

https://www.wsj.com/business/what-are-parla...share_permalink