Q&A: Owner Ginny Gilder on Seattle Storm’s Biden-Harris Endorsement

It is one of, if not the first, instances where a professional sports organization has formally supported a political campaign in recent memory.

By /
MLB Gives Fans Ability to Cheer — or Boo — Virtually During World Series

“Cheer at the Ballpark,” which allows MLB fans to cheer, boo or clap virtually, saw over 71 million fan reactions on MLB.com this season.

By /
JuJu Smith-Schuster Launches Athlete-Led Gaming Organization

Smith-Schuster is an active user of Twitch, where he has more than 184,000 followers.

By /

Sports Betting Success

    • Nationwide revenue from the gambling industry in August were up 5.6% compared to July.
    • This article was first published in the FOS Daily Newsletter. Subscribe here.
Melvin Gordon
Ron Chenoy-USA TODAY Sports

Daily Newsletter

Sign up and see why influential business executives call it a “morning must-read.”

August was the fourth straight month of the U.S. gaming industry’s recovery — which includes casino, sports betting and online gaming revenue. Nationwide revenue from the segments were up 5.6% compared to July, but down 19.8% year-over-year, according to the American Gaming Association.

At the heart of the recovery was the largest sports betting month ever, with Americans wagering $2.1 billion. The record handle generated $119.4 million in revenue, the second-highest grossing month on record. 

Sports betting and online gaming — a big growth point for companies like DraftKings and Penn National — are helping buoy slots and table gaming slides. Gross gaming revenues from sports betting and online gaming are up 31.5% and 203.3% on the year, respectively.

Sportsbook Awareness Level in U.S. via CivicScience:

  • DraftKings — 41%
  • FanDuel — 38%
  • Barstool — 27%
  • FoxBet — 25%
  • BetRivers — 22%
  • PointsBet — 22%

Related
Twitch of Beauty

On top of its video game prowess, Twitch is staking its claim as a platform for beauty brands. Beauty influencer Michelle Phan recently hosted a Twitch livestream to help launch […]

By /
Fitness Retail Growth Continues

Big 5 Sporting Goods had its best quarter ever with a 14.8% same store sales increase. The retailer reported $28.4 million in income, up from $6.4 million year-over-year. Consumers looking […]

By /
COVID-19’s Lasting Presence

Reports say Super Bowl LV in Tampa will be held with limited fans, about 20% capacity. The American Hockey League pushed back its planned start date from Dec. 4, 2020 […]

By /
Marathons Finished?

As the Boston Marathon pushes back its 2021 race until at least next fall, races have gone virtual creating a massive drop in real finishers.

By /