Stefan Sykes

The proliferation of online sports betting and casino gaming across the U.S. has led to record revenue for sportsbook companies such as DraftKings and Fan Duel.

DraftKings reported 2.3 million monthly unique payers in the third quarter, representing a 40% increase year over year.

E-cigarette usage among U.S. high school students has fallen as the government pursues aggressive action against companies selling illegal vape products.

Anheuser-Busch is hoping an increased emphasis on sports and concert marketing will help to lift flagging Bud Light sales in the U.S.

The Marlboro maker said domestic cigarette shipment volume fell 11.6%, primarily driven by industry declines and competition from illicit e-vapor products.

Jonathan Majors is set to be the next major villain in Disney’s lucrative Marvel Cinematic Universe.

The Ultimate Fighting Championship and Bud Light are back in business, announcing a new marketing partnership.

Philip Morris beat quarterly earnings estimates and missed revenue expectations, but sales of heated tobacco and oral nicotine products were strong.

Tequila, mezcal and Mexican beer sales are booming in the U.S., as agave-based liquors are set to become the fastest-growing spirits category in the country.

Revenue growth was driven by demand for its Modelo Especial and Modelo Chelada brands as well as Corona Extra.

Cannabis producer Tilray Brands Inc. reported first-quarter earnings that beat expectations as it expands its portfolio.

The Secure and Fair Enforcement Regulation Banking Act advanced out of a Senate committee.

Taylor Swift’s highly anticipated The Eras Tour concert film will expand beyond North America for a worldwide premiere date next month.

The company’s wellness division has struggled, and Philip Morris has had talks with Deutsche Bank on a range of options.

The ongoing Writers Guild of America and SAG-AFTRA strikes have resulted in a monthly decrease of 17,000 jobs in Hollywood.

The layoffs at Anheuser-Busch come as the beverage giant sees sales of its flagship lager Bud Light fall.

Altria’s deal to buy NJOY comes after the Marlboro maker exited its position in Juul Labs.

DraftKings jumped after the sports betting company reported stronger than expected revenue and raised its outlook.

States such as New Jersey are working to help people hurt by racially biased drug policies get licenses to sell marijuana legally.

The brands said they’re offering viewers a piece of a $500,000 prize pool for correctly predicting the contents of the beer maker’s Super Bowl commercial.