Citizens: 2027 MLB Lockout Could Weaken Sports Betting Stocks

With third-quarter earnings season in full swing and the World Series shifting to Tampa Bay tonight, Major League Baseball (MLB) is staring at the specter of a possible labor lockout ahead of the 2027 season—a scenario that would likely weigh on sportsbook stocks. In a new report to clients, Citizens Equity Research analyst Jordan Bender says that the current state of affairs between the league and the MLB Players Association (MLBPA) is comparable to what was seen in 1994—an ominous comparison for fans and sportsbook operators, as those labor negotiations led to a 232-day strike that resulted in the cancellation…