Month: August 2021

Big Names Team Up for New York Mobile Betting Bid

Applications for companies looking to take advantage of New York State’s legalization of mobile sports betting were due Monday.

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Sports Tech Investments Continue to Surge

Investments in sports tech startups have surged since 2020, with $1.4 billion in investments last year and $787 million so far in 2021.

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Fanatics Raises $325M in Latest Funding Round

Fanatics raised $325 million at an $18 billion valuation, about triple its valuation from a similarly sized fundraise a year ago.

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NBC's Lowest Olympic Ratings Ever

NBC saw its lowest ratings ever for the Summer Games, bringing in an average of 15.5 million prime-time viewers.

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FanDuel Parent Pockets $902M in H1 2021

Flutter Entertainment, owner of FanDuel, expects its U.S. business to turn a profit for the first time in 2023.

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Lawsuit Claims Google Considered Buying Epic Games

Google considered acquiring Epic Games, the video game developer that it is currently in a court battle with.

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MLB, Barstool Sports Discuss Streaming Deal

Barstool Sports and Major League Baseball are in talks on a streaming deal for midweek games, according to a published report.

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Drive Shack More Than Doubles Revenue for Quarter

Drive Shack, an owner of golf-related leisure and entertainment businesses, generated $73.9 million in revenue during Q2 2021.

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BetMGM, Arizona Cardinals Plan NFL's First In-Stadium Sportsbook

BetMGM announced a partnership with the Arizona Cardinals on Monday, which includes a retail sportsbook at State Farm Stadium.

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Dish Boosts Revenue By More Than $1 Billion

Dish Network reported second quarter earnings Monday, recording $4.49 billion in revenue, up from $3.19 billion the same time last year.

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