Month: February 2021

DraftKings Revenue Grows as Sports Betting Expands

DraftKings reported Q4 revenue of $322 million, up 146% from the same period last year with a rapidly growing user base.

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Q&A: NBA Foundation’s Greg Taylor on League, Player Activism

Greg Taylor’s work on social justice issues stretches back years before he was tapped as the first NBA Foundation executive director.

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Atlanta Dream Names Former Player Renee Montgomery Part-Owner

The WNBA approved the sale of the Atlanta Dream to a group of investors that includes former player Renee Montgomery.

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AT&T Sells 30% of Video Business, NFL Package Included

The telecom conglomerate agreed to sell a stake of its pay-TV unit. Private equity firm TPG will pay $1.8 billion for a 30% stake.

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The Rising Interest in Night Golf

Tiger Woods got his start at a course known for night golf. Now, the activity is inspiring a fresh wave of interest.

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GameStop Stock is Turning Heads Again

GameStop had another dizzying turn in the news, as its CFO was pushed out and its stock price more than doubled.

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Fisker Partners with Foxconn Ahead of Off-Road Racing Debut

Electric car startup Fisker made a big announcement as its Extreme E off-road racing debut looms.

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Playtika Reports Fourth-Quarter Revenue After Market Debut

Playtika, known for its mobile games, released a new earnings report Thursday.

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Fanatics Launches Major Venture in China

Fanatics is taking its licensed sports merchandise business to China with Hillhouse Capital, which specializes in Asian markets.

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Paramount+ Reveals Plans for Live Sports Content

After NBC announced its plans to transfer all NBC Sports Network content to Peacock, Paramount+ is making its sports-streaming goals known.

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