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

Here’s a look at what every NFL team has planned for in regards to fan attendance at stadiums for the 2020 season.

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Nike Makes First Foray into Maternity Wear

Nike says it designed the new line by “combing through pregnancy data findings with analytics from more than 150,000 comparison scans of non-pregnant women against those of pregnant women,” and gathering feedback from around 30 female athletes who were pregnant or postpartum.

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SPAC Party

    • This article was first published in the FOS Daily Newsletter. Subscribe here.
    • DraftKings shares have gained nearly 90% since going public in April.
DraftKings
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Going public via a special purpose acquisition company seems to be in vogue for sports-related entities, but DraftKings CEO Jason Robins said not all companies are fit for the route. DraftKings went public through a SPAC merger in April and its shares have jumped nearly 90% since then.

DraftKings’ valuation has gone from $3 billion to $13 billion since April. Morgan Stanley recently downgraded both DraftKings and Penn National Gaming to hold following big growth spurts this year.

SPACs in general are up 145% from a year ago. Allied Esports went public in 2019 through a SPAC and this summer it was reported both TopGolf and Rush Street Interactive are looking to go public through SPAC mergers. Last month, RedBird Capital launched a $500 million sports-focused SPAC — Oakland A’s executive Billy Beane joined — which is looking to target acquisitions in sports, media and data analytics.

Notable Earnings Reports This Week

9/1 – Wanda Sports Group, Shoe Carnival

9/2 – Sportsman Warehouse Holdings

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