Wednesday September 27, 2023
Newsletters Podcast
The Best Employers in Sports Survey is Now Open!
Quick Hits

Seizing the Market

September 28, 2020 | 08:09 pm | By
Gary A. Vasquez-USA TODAY NETWORK
Front Office Sports Today

Writer’s Strike End a Boon for Sports Networks, Agencies
We delve into the potential long-term impact of the five-month strike.
Listen Now
September 26, 2023 | Podcast
Linkedin
Copy Link
Link Copied
Link Copied
A blockbuster sports betting deal could be in the works as Caesars Entertainment has made a $3.7 billion offer to take over U.K.-based William Hill. Caesars currently owns 20% of the two companies’ joint U.S. venture.

At the price offered, William Hill’s board of directors said “they would be minded to recommend” the deal to shareholders. The acquisition likely wouldn’t close until the second half of next year, but William Hill’s shares dropped 12.43% since market close Friday.

William Hill’s online wagering technology, which includes sports betting and virtual casino games, has stayed strong despite European storefronts closing during the pandemic. Caesars’ main goal is to keep William Hill’s U.S. assets and betting technology, but it could sell its international operations.

Projected Share of $18 Billion U.S. Sports Betting Market in 2025: 

28% — Flutter Entertainment, owners of FoxBet and FanDuel

20% — DraftKings

12% — Caesars

Linkedin
Copy Link
Link Copied
Link Copied

What to Read

Cincinnati Bengals quarterback Joe Burrow throws a pass in the first quarter of the NFL game between the Cincinnati Bengals and Los Angeles Rams at Paycor Stadium.
by

NFL Fans Can Now Bet On Games While Streaming
BetVision will allow users to bet while watching NFL games.
Minnesota Vikings wide receiver Justin Jefferson fumbles the ball out of bounds in the end zone while being tackled by Philadelphia Eagles safety Terrell Edmunds during the second quarter at Lincoln Financial Field.
by

NFL Survivor Pools Remain Relevant in the Legal Sports Betting Era
Survivor’s appeal comes from its uncomplicated premise.
by

The Newcomers That Want To Upend Sports Betting’s Duopoly
Fanatics Sportsbook, ESPN Bet eye major market impact during NFL season
Colorado Buffaloes running back Dylan Edwards reaches for the ball past Nebraska Cornhuskers cornerback Deshon Singleton in the third quarter at Folsom Field.
by

Sportsbooks Are Content With Bettors ‘Embracing’ Colorado Hype
Heading into Week 3 and longer-term, the books aren’t sweating it.
podcast thumbnail
podcast thumbnail mobile
Front Office Sports Today

Writer’s Strike End a Boon for Sports Networks, Agencies

0:00
0:00

Featured Today
by

NFL's Swift Mania Starting To Show Impact Through Merch Sales, Viewership
Taylor Swift stole the NFL's spotlight by attending Sunday's Chiefs game.
First Take vs. FS1
September 26, 2023

Sharpe: 'First Take' Would Still Beat 'Undisputed' Without Stephen A.
Even if Smith leaves, Sharpe said he will still beat Skip Bayless in the ratings.
Rob-Manfred-MLB
September 25, 2023

Oakland-MLB Relationship Devolves Into Next-Level Toxicity
Commissioner, mayor have very different accounts of July meeting
Jacksonville Jaguars Team President Mark Lamping addressed community members at Strings Sports Brewery on Main Street for the first of 14 planned town hall sessions to present the team's plans for the new "stadium of the future" complex and address the public concerns.
September 25, 2023

Jacksonville Jaguars President Walks Back Stadium ‘Threat’
"Viewing those comments as a threat to leave Jacksonville isn't correct."

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Chicago Cubs
Chicago
Apply Now
Fanatics
New York
Apply Now
Tri Star Sports and Entertainment Group, Inc.
USA - Multiple Locations
Apply Now

More in Quick Hits
patrick_mahomes
by

Super Bowl TV Viewership Sinks 8%
CBS Sports’ telecast of the Tampa Bay Buccaneers’ 31-9 victory over the Kansas City Chiefs averaged 91.629 million viewers, down 8%.
man_riding_stationary_bike
December 28, 2020

Connected Fitness Company Echelon Lands $65 Million Investment
The funding came from Goldman Sachs and North Castle Partners, who now own controlling interests in the company.
person_playing_cricket
December 23, 2020

Prominent Tech Execs Line Up to Back Cricket Growth In the U.S.
More than 20 investors have now bought into American Cricket Enterprise, parent company oMajor League Cricket.
woman_holding_hockey_stick
December 23, 2020

NBC to Air NWHL Finals, Adds to Banner Year for Women’s Sports
It will be the first time professional women’s hockey games are shown live on a major national cable network in the U.S.
antetokounmpo_dribbling_basketball
December 23, 2020

‘Giannis Effect’ Felt by Bucks Following Record-Breaking Extension
Since he was drafted in 2013, the Bucks’ valuation has jumped from No. 30 in the league at $312 million to No. 19 at $1.58 billion.
December 22, 2020

Adam Silver Says NBA Expansion is ‘Manifest Destiny of the League’
"It's sort of the manifest destiny of the league that you expand at some point," NBA Commissioner Adam Silver said Monday.
December 22, 2020

Adidas Partners With Jerry Lorenzo, Fear of God Brand
Lorenzo will lead creative and business strategy for Adidas basketball globally, and launch a Fear of God athletics sub-brand.
Tokyo Olympics need increased funding.
December 22, 2020

Tokyo Olympics Budget Increases to $15.4B
The $2.8 billion difference stems from costs of the one-year delay like renegotiating contracts and implementing COVID-19 safety measures.