Sports
Sports betting, online casino boom fuels big DraftKings revenue gains as rivals vie for market share
DraftKings, a fantasy sports website Getty Images The growth of online sports betting and casino gaming across the U.S. has led to soaring revenue for sportsbook companies, but an already crowded race for consumers’ dollars is about to get more competitive. DraftKings, which reported quarterly results that beat Wall Street’s estimates on Thursday, has emerged as […]
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DraftKings revenue jumps 57% as sportsbook leader grows customer base
New England Patriots cornerback Stephon Gilmore, #24, stretches during the New England Patriots practice session in Foxborough, Massachusetts, on Oct. 22, 2020. Barry Chin | Boston Globe | Getty Images Sports betting company DraftKings on Thursday posted quarterly revenue that came in ahead of analysts’ expectations as the company rises to the top of the […]
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Fox touts sports programming performance even as costs rise
A Fox Sports television camera during a game between the Utah Utes and the USC Trojans on October 21, 2023, at Los Angeles Memorial Coliseum in Los Angeles, CA. Brian Rothmuller | Icon Sportswire | Getty Images Fox Sports drove higher consumption overall for Fox Corp. last quarter, CEO Lachlan Murdoch said Thursday during the […]
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NBA and NHL broadcasts are coming soon to immersive ‘shared reality’ domes
Cosm’s shared reality dome concept for viewing live sports broadcasts. Courtesy: Cosm Venues Warner Bros. Discovery and Cosm, a privately held company that specializes in immersive technology, are about to make “shared reality” a reality for sports fans. Cosm plans to open two venues — a 65,000 square foot building in Los Angeles and a […]
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Saudi Arabia established to host 2034 Entire world Cup immediately after Australia decides not to bid
Saudi Arabia looks set to be the host of the 2034 Entire world Cup right after the only other place to have shown an curiosity in web hosting — Australia — built a last-minute selection not to bid. “We have attained the summary not to do so for the 2034 level of competition,” a statement […]
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From boardrooms to playgrounds, girls must be treated as equals, suggests India’s Nita Ambani
Intercontinental Olympic Committee (IOC) member Nita Ambani addresses the media right after cricket was accredited as an Olympic activity on the second working day of the 141st session of the IOC in Mumbai on Oct 16, 2023. Cricket will element as a single of five new sports activities at the 2028 Olympic Video games in […]
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Endeavor stock surges as Silver Lake says it’s considering taking the company private
Endeavor Group Holdings, the talent agency and sports company run by Ari Emanuel, said Wednesday it would explore strategic alternatives, which could mean a possible sale or potentially going private again after two and a half years on public markets. Indeed, soon after Endeavor’s announcement, major shareholder Silver Lake said it is considering taking the […]
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The NBA is back and expanding its global reach – here’s how
Nikola Jokic #15 of the Denver Nuggets shoots the ball against Bones Hyland #5 and Norman Powell #24 of the Los Angeles Clippers during the second half of a preseason game at Crypto.com Arena on October 19, 2023 in Los Angeles, California. Kevork Djansezian | Getty Images As the new NBA season tips off this […]
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Anheuser-Busch and UFC strike multiyear partnership, as brewer tries to turn around Bud Light sales
Bud Light, made by Anheuser-Busch, sits on a store shelf in Miami on July 27, 2023. Joe Raedle | Getty Images Anheuser-Busch InBev’s Bud Light will again become the official beer sponsor for the Ultimate Fighting Championship with a six-year marketing partnership, the companies announced Tuesday. The sponsorship deal is “well into the nine figures,” […]
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Knicks sign jersey patch deal with owner James Dolan’s Sphere Entertainment
Sphere patch on a Knicks jersey. Source: MSG Sports | Sphere Entertainment The New York Knicks are keeping it in the family for their next jersey patch sponsor. Madison Square Garden Sports announced Tuesday that Sphere Entertainment will become the NBA team’s official jersey patch partner for the 2023-2024 season. The patch will debut Wednesday […]
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