2020 NFL Season Likely To See Significant Betting Demand Increase

More than 33 million Americans are planning on betting this NFL season, with sportsbooks reporting an expected increase in wagers. Saturday betting volume could be down up to 70% with a light college football load, but that could translate to bigger Sundays.

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What Each NFL Team is Planning for Fan Attendance at Games in 2020

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Nike Makes First Foray into Maternity Wear

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Epic Raise

    • This article was first published in the FOS Daily Newsletter. Subscribe here.
    • Epic Games’ most recent fundraising round values the company at $17.3 billion.
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Epic Games announced it has raised $1.78 billion in new funding. With the new raise, Epic is now valued at $17.3 billion. A previous billion dollar round closed in 2018, valuing the company at $15 billion.

Along with developing Fortnite, which now has 350 million active players, Epic is also the developer of the Unreal game engine, which drives many of the top games in the $150 billion gaming industry. Epic has also looked to create immersive community events within Fortnite, ranging from concerts to movie showings. Next week, Fortnite players can watch an exclusive episode premiere of Discovery Channel’s “Shark Week” in-game.

Among the new investors is Sony, which last month bought 1.4% of Epic for $250 million. Chinese technology company Tencent owns roughly 40% of the company dating back to a $330 million investment in 2012.

Several high profile investors joined Sony in the latest round:

— Carolina Panthers owner David Tepper

— Lightspeed Venture Partners

— Fidelity Management and Research Company

— Funds and accounts managed by T. Rowe Price and BlackRock

— Investment firm Baillie Gifford

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