Today is Sports Equinox Day - the only day of the year the NFL, NBA, NHL, and MLB all have games

[Los Angeles City Skyline with Dodger Stadium]
adamkaz

October 27 is the only day of the year that all four major professional sports have games scheduled, headlined by game three of the World Series between the Los Angeles Dodgers and Toronto Blue Jays. Notably, there have only been 32 sports equinoxes since 1971, as not every year does the calendar fall such that the four leagues all play on the same day.

Of course, that means a busy day for sports betting operators such as DraftKings (NASDAQ:DKNG [https://seekingalpha.com/symbol/DKNG]), FanDuel (NYSE:FLUT [https://seekingalpha.com/symbol/FLUT]), BetMGM (MGM [https://seekingalpha.com/symbol/MGM]) (OTCPK:GMVHF [https://seekingalpha.com/symbol/GMVHF]), and Caesars Sportsbook (CZR [https://seekingalpha.com/symbol/CZR]), as well as the prediction market platforms such as Kalshi (KALSHI [https://seekingalpha.com/symbol/KALSHI]) and Polymarket (POLYMARKET [https://seekingalpha.com/symbol/POLYMARKET]).

Sports Equinox Day arrives at an interesting time for the sports betting and prediction markets industries, as lawsuits, new regulatory oversight, pro-gaming legislation, and a major betting scandal in the NBA have all cropped up to send mixed signals to investors.

MORE ON THE SPORTS BETTING SECTOR

* DraftKings: Turning A Competitive Threat Into A Legal Lever (Rating Upgrade) [https://seekingalpha.com/article/4833371-draftkings-turning-competitive-threat-into-a-legal-lever]
* DraftKings: Market Misconception After Typhoon In Macau [https://seekingalpha.com/article/4830009-draftkings-market-misconception-after-typhoon-in-macau]
* DraftKings' Meltdown Is Here - Prediction Market Prospects Remain Mixed [https://seekingalpha.com/article/4829311-draftkings-meltdown-is-here-prediction-market-prospects-remain-mixed]
* SA analyst upgrades/downgrades: DKNG, CG, DECK, BROS [https://seekingalpha.com/news/4508826-sa-analyst-upgradesdowngrades-dkng-cg-deck-bros]
* Prediction time: DraftKings and FanDuel are expected to take on Kalshi and Polymarket directly [https://seekingalpha.com/news/4506533-prediction-time-draftkings-and-fanduel-are-expected-to-take-on-kalshi-and-polymarket-directly]