Sportradar Seeking a Global Technology Business From Sports Betting Data
As the world continues to learn to adapt to a new normal, data has never been more prevalent, more important, or more valuable to our everyday lives. It informs us of…
Latest News
NY Eyes Mobile Betting by Super Bowl as NJ Sets Wagering Records
New Jersey reported record sports wagering volume for a second consecutive month in September ($749 million, +12% MoM), with operators retaining $45.1 million. By…
UFC Training Center Sees Revenue in Chinese Olympians and Pro Athletes
Back in early September, the Ultimate Fighting Championship (UFC) announced it had been named the official high performance advisor of the Chinese Olympic Committee…
Pro Sports Teams Haven’t Made for Good Public Companies, But SPAC Principals Remain Undeterred
Historically, the public markets have undervalued pro sports franchises. Sportico's Brendan Coffey recently wrote about how both Liberty Braves (BATRA) and Madison…
Rally Democratizes Ownership of Rare Collectibles, But Investors Solely Focused on ROI Should Avoid
Rally, an app that enables individuals to buy into—and trade their stakes in—rare collectibles (think: cards, sports memorabilia), recently raised $17 million dollars in…
NBA Union’s Michele Roberts: Moving Beyond ‘Shut Up and Dribble’
"No comment." In the thirty-plus years of my professional life prior to becoming the Executive Director of the National Basketball Players Association, those words…
Streaming Tailwinds Push Sports-First Pay-TV Replacement Service fuboTV to IPO on NYSE
fuboTV (NYSE: FUBO) raised $183 million in an initial public offering last Thursday (Oct. 8). The upsized IPO (from an initial target of $150 million) valued the virtual…
SPAC Principals Are Drawn to Public Markets By Potential of Perpetual Capital and No Exit Deadline
Last Friday, Sports Ventures Acquisition became the latest sports-, media- and entertainment-centric special purpose acquisition company to file paperwork with the U.S…
India’s Daily Fantasy Sports Market is Fertile for VC Investment and Continued Growth
Dream Sports, the parent company of the wildly popular daily fantasy sports app Dream11 (think: 100 million+ users), recently raised $225 million at a $2.5 billion…
Rise in COVID-19 Infection Rates Remains Biggest Threat to NFL Season
Following a week in which one NFL club experienced a COVID-19 outbreak (at press time, 25 members of the Tennessee Titans organization had tested positive) and a pair of…
Monumental Sports’ Zach Leonsis: Reaching the Next Generation of Fans is More Important Than Ever
While growing our core assets and best-known brands, like the Capitals, Wizards, Mystics and Capital One Arena, we at Monumental Sports & Entertainment have also laid…
Valuation Arbitrage Between Wall Street, Main Street Help Explain Flood of Sports-Centric IPOs
2020 is trending to surpass the peak tech bubble of 1999 as the biggest year for U.S-listed initial public offerings in history, with nearly $95 billion raised by IPOs…
More PMC Sites
Variety
Sony PlayStation 5 Will Include a Remote and Apps for Netflix, Disney Plus, Apple TV and More
Rolling Stone
Penske Media and MRC Form Data Joint Venture
ArtNews
Baltimore Museum of Art Board Chair Defends Deaccessioning Amid Controversy
BGR
If any of of this furniture in your home, stop using it right away
Deadline