Applications for companies looking to take advantage of New York State’s legalization of mobile sports betting were due Monday.
Investments in sports tech startups have surged since 2020, with $1.4 billion in investments last year and $787 million so far in 2021.
Fanatics raised $325 million at an $18 billion valuation, about triple its valuation from a similarly sized fundraise a year ago.
NBC saw its lowest ratings ever for the Summer Games, bringing in an average of 15.5 million prime-time viewers.
Flutter Entertainment, owner of FanDuel, expects its U.S. business to turn a profit for the first time in 2023.
Google considered acquiring Epic Games, the video game developer that it is currently in a court battle with.
Barstool Sports and Major League Baseball are in talks on a streaming deal for midweek games, according to a published report.
Drive Shack, an owner of golf-related leisure and entertainment businesses, generated $73.9 million in revenue during Q2 2021.
BetMGM announced a partnership with the Arizona Cardinals on Monday, which includes a retail sportsbook at State Farm Stadium.
Dish Network reported second quarter earnings Monday, recording $4.49 billion in revenue, up from $3.19 billion the same time last year.
