Month: August 2020

DraftKings Posts 25% Revenue Growth, Dips On Larger Than Expected Loss

Even without a normal load of NBA, NHL and MLB games during its 2020 fiscal second quarter, DraftKings reported nearly 25% revenue growth, generating $71 million.  Still, the company reported […]

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FuboTV Sees Strong Year-Over-Year Subscriber Growth, But Flat in 2020

FuboTV projects it will add over 50,000 new users in Q3, but it had a flat Q2.

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NFL Team for Sale?

Minority owners of the Washington Football Team are reportedly pressuring owner Dan Snyder to sell the team. FedEx CEO Fred Smith, Black Diamond Capital Chairman Robert Rothman, and NVR Inc. […]

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Fanatics Raises $350M in Likely Final Private Funding Round

Fanatics has closed a $350 million investment round. As the company reportedly gears up for an IPO, it is now valued at approximately $6.2 billion. Fanatics has raised about $1.5 […]

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After Months of Depressed Sports Betting Numbers, Handles On The Rise

Sportsbook operators generated $64.2 million in revenue during the second quarter, a 46.3% year-over-year drop, according to the American Gaming Association. It was the first quarterly decline since sports betting […]

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Apple Looks to Disrupt Connected Fitness Landscape

After Peloton and Nike saw massive growth for their training apps during the pandemic, Apple is now looking to take a bite of that pie. Apple is reportedly developing a […]

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Fortnite Developer Suing Apple After Game Removed from App Store

Apple removed the game, which Epic says has over 350 million users across all platforms, due to a violation of an App Store policy.

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Division I Fall Sports Championships Canceled, Except FBS Football

“Tragically, that’s going to be the case this fall, full stop,” NCAA President Mark Emmert said.

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‘Hard Knocks’ Looks to Chronicle Unprecedented Show Season and Year

“We thought that that would be the biggest challenge that Hard Knocks ever faced — little did we know what 2020 was going to bring,” said NFL Films Vice President Ken Rodgers.

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Washington NFL Team Minority Owners Pressing Snyder to Sell

Weeks of turmoil continue for Washington Football Team owner Dan Snyder, who is now being pressured by the team’s minority owners to sell the franchise, according to The Wall Street […]

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