Sports
Britain sees low-alcohol beer sales boom during Euros soccer championship
People watch England play Spain in the Euro Cup final shown at the Pub on the Park in London Fields on the 14th of July 2024, London, United Kingdom. Kristian Buus | In Pictures | Getty Images LONDON — While the European men’s soccer championship ended in gloom yet again for England, the tournament boosted […]
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Gareth Southgate steps down as England manager after Euro 2024 final defeat to Spain
England Manager Gareth Southgate at Wembley Stadium in London, England. Michael Regan – The FA | The FA Collection | Getty Images Gareth Southgate has left his role as England manager. The news comes two days after England’s Euro 2024 final defeat to Spain. The 53-year-old had been Three Lions boss for eight years and […]
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China’s beer market, the world’s largest, set for bounce as drinkers go high-end
Tourists takinf part in a beer carnival in Qingdao, Shandong province, China, July 1, 2023. Nurphoto | Nurphoto | Getty Images China, the world’s largest producer and consumer of beer, is expected to see a consumption recovery in the second half of this year, favoring premium offerings, on the back of sporting events. CGS International […]
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The NFL is open to private equity team ownership of up to 10%, Commissioner Roger Goodell says
Roger Goodell, Commissioner of the NFL, after the morning-session at the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. Kevork Djansezian | Getty Images The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner Roger Goodell said in an […]
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More people than ever expected to bet on Summer Olympics after U.S. legal gambling boom
The Olympic Rings being placed in front of the Eiffel Tower in celebration of the French capital won the hosting right for the 2024 Summer Olympics. Sopa Images | Lightrocket | Getty Images Sportsbooks and daily fantasy operators are preparing for a Summer Olympics bump. The games in Paris, set to start July 26, will […]
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Audi strikes multiyear partnership with MLS’ Inter Miami CF
Volkswagen-owned Audi has struck a multiyear partnership with Inter Miami CF as the team’s official automotive partner. Courtesy: Audi Audi is driving up its sports investments and becoming the official automotive partner of Inter Miami CF. The Volkswagen-owned company announced Thursday it has struck a multiyear partnership with the South Florida soccer club as Audi […]
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Media, tech titans head for Sun Valley with streaming alliances top of mind
A view of the Sun Valley Lodge in Sun Valley, Idaho. Drew Angerer | Getty Images Media and technology titans will convene in Sun Valley this week to lay the groundwork for the future of streaming — and for potential alliances. Allen & Co.’s annual conference, often referred to as “summer camp for billionaires,” kicks […]
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Nathan’s hot dog contest crowns Bertoletti, Sudo after Joey Chestnut debacle
Patrick Bertoletti, Geoffrey Esper and other contestants compete in the 2024 Nathan’s Famous Fourth of July International Hot Dog Eating Contest at Coney Island in New York City, U.S., July 4, 2024. Jeenah Moon | Reuters There’s a new top dog in the frankfurter eating world. Patrick Bertoletti won Nathan’s Hot Dog Eating Contest, the […]
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Women’s soccer draws private-equity interest as team valuations soar
Women’s soccer is bringing private equity off the sidelines. While other major U.S. sports leagues – Major League Soccer, the National Basketball Association, Major League Baseball and the National Hockey League – have allowed private equity investors to take passive, minority stakes, only the National Women’s Soccer League has allowed these firms to take majority […]
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Concerns grow over gambling addiction in the military
Sinenkiy | Istock | Getty Images In the wake of 9/11 on an American military base in South Korea, then-Army Staff Sergeant Dave Yeager sat down at a slot machine operated by the Defense Department and made what he now calls the biggest mistake a budding problem gambler can make: He won. “All that stress, […]
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