Month: November 2021

Opportunity for Change?

The Knight Commission sees a clear avenue for the C.A.R.E. model to be adopted. But just how much steam does this idea really have?

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Knight Commission’s Financial Action Plan

A few days before the NCAA Constitutional Convention, the Knight Commission is making one more push to make its recommendations heard.

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Disney Opens Door to Sports Betting

Disney CEO Bob Chapek said that the company’s research indicated that it would not damage its reputation with sports betting.

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Sony Cuts PS5 Full-Year Production Outlook

Sony has lowered its full-year production forecast for the console due to supply chain issues and the semiconductor shortage.

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Sports Betting Helps U.S. Casinos Reach Record Revenue

Sports betting and internet gambling revenue jumped more than 200% year-over-year for the first nine months of 2021, reaching $5.36 billion.

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Athleisure Could Become Half-Trillion Dollar Market

Athleisure is not going away any time soon. Companies in the space have received tech-like valuations as the market could grow to half a trillion.

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Entain CEO: MGM Complicated $22.4B DraftKings Takeover Bid

Entain CEO Jette Nygaard-Andersen said that its joint venture BetMGM with MGM Resorts complicated a potential acquisition by DraftKings.

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Unity to Buy Weta Digital’s Tech Division for $1.6 Billion

Unity Software, a 3D game-development platform, has agreed to acquire Weta Digital’s technology division for $1.6 billion in cash and stock.

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La Liga Extends Televisa Deal for $560 Million

La Liga struck an eight-year broadcasting extension with Televisa, reported to be worth $70 million per year.

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The New PGA TOUR Champions Event Where Everybody Wins

When Jim and Tabitha Furyk made the decision to grow their Furyk & Friends charity golf event into Constellation FURYK & FRIENDS, an official PGA TOUR Champions event, their goal […]

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