Month: July 2021

Bally’s Adds AVP Beach Volleyball Tour to Acquisitions

Bally’s Corporation acquired the Association of Volleyball Professionals on Tuesday, continuing the gambling conglomerate’s growth strategy.

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No Fans at Olympics Could Cost Reinsurers $400M

The Tokyo Olympics will have no spectators due to a state of emergency that could cost reinsurers up to $400 million in payouts.

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The SpringHill Company Reportedly Exploring Sale at $750M Valuation

The LeBron James-founded production company and entertainment firm might be a target acquisition for Nike.

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iFIT Acquires Sweat for $300 Million Ahead of IPO

iFIT will acquire online fitness training platform Sweat for a reported $300 million, according to The Wall Street Journal.

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Bruin Capital to Acquire Oddschecker for $215M

Flutter Entertainment has agreed to sell its sports betting affiliate Oddschecker to Bruin Capital in a deal worth up to $215 million.

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Disney Secures Wimbledon Rights for 12 More Years

ESPN will be airing Wimbledon in the U.S. until 2035 after extending its deal with the All England Lawn Tennis Club by 12 years.

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Late Doctor's Sports Card Collection Fetches $21.5 Million at Auction

A public auction led to a doctor pocketing more than $21.5 million. The auction was for his collection of sports cards and memorabilia.

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WWE Returns to Live Events in Changed Media Landscape

WWE didn’t miss a week of television broadcasts during the pandemic, but it will be kicking off a 25-city tour in Houston on Friday.

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McIlroy Group Invests $10 Million in Rec Golf Venture

Four-time golf major champion Rory McIlroy and his investment partnership, Symphony Ventures, are investing in Puttery.

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ABG Drops $1B Bid to Acquire Reebok

Authentic Brands Group has withdrawn its bid to acquire Rebook. The retail conglomerate offered $1 billion to purchase the brand from adidas.

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