sportsbiz

Robinhood, Other Brokers Halt Trading on Meme Stocks Like GameStop

GameStop’s ride of a lifetime hit a major roadblock yesterday.  The video game retailer’s stock fell as low as $222.06 per share — far above its $17.75 price to start […]

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GameStop Stock Continues WallStreetBets-Fueled Surge

Wednesday’s spike occurred even after reports emerged that short sellers had largely covered their positions.

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American Bettors Still All In On Table Tennis

Table tennis has earned a special place in American sports bettors’ hearts.  Despite a lack of star power — and viewing options mostly limited to low-quality broadcasts on obscure websites […]

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Kobe Bryant's Business Legacy Lives On

Bryant was intent on setting a new course for post-athletic career success. A year after his death, his legacy continues.

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NCAA Revenue Drops $600M Without March Madness

The cancellation of last year’s March Madness contributed to the organization’s $600 million drop in revenue in 2020.

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Bally's Corporation Acquires Monkey Knife Fight

Bally’s Corporation strengthened its sports gambling foothold yesterday. The casino company acquired daily fantasy sports operator Monkey Knife Fight for approximately $90 million in an all-stock transaction. Monkey Knife Fight […]

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Country Music Label Forms NASCAR Team

Entertainment and sports moguls are flocking to NASCAR. Earlier this month, Grammy-winning artist Pitbull announced that he was joining Trackhouse Racing Team as a co-owner alongside former driver Justin Marks. […]

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NBA Ratings Up Following Poor TV Performance During Bubble Season

After suffering a highly publicized decline in ratings during last season’s bubble games, the NBA is on the path to recovery.  NBA viewership across TNT, ESPN and ABC through MLK […]

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New Liberty Media SPAC Speeds Toward Deal

The SPAC raised $500 million in its Thursday IPO and is now seeking an acquisition target in technology, media, music or telecommunications.

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GameStop Trading Halted After Incredible Spike

The stock is a darling for Reddit’s WallStreetBets, the community behind much of the surge — including the recent push short squeeze.

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