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…
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Gaming Streaming Network VENN Raises $26 Million With Eyes On Local TV
VENN, a streaming network dedicated to gaming content, raised $26 million in a Series A round. VENN has received support from across the gaming industry, with early…
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…
A Match Made in 2020: MLB Announces Partnership with Lysol
As baseball season heads to a conclusion, Major League Baseball and RB, the makers of Lysol, have announced a multi-year partnership. The deal will focus on disinfection…
MLB Fans Return in Texas as Rays Push for First World Series Since 2008
SAN DIEGO—Houston Astros manager Dusty Baker turned on the television Monday night and was excited to see even a limited amount of fans attending the National League…
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…
Death of Turn2’s Solomon Another Weight for Dusty Baker Amid Title Pursuit
SAN DIEGO–Dusty Baker's in pursuit of the holy grail—his first World Series title in 23 years of managing. But there had to be some more heartbreak first: the sudden…
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…
Shaq In A SPAC: O’Neal, MLK III Join Media-Focused Blank-Check Firm
Shaq is in a SPAC. Larger-than-life culture icon Shaquille O'Neal is getting in on the hottest transaction in the stock market, as special advisor to a new special…
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