Legends Hospitality Taps Bond Market as Sixth Street Takes Control
Legends Hospitality seeks to raise as much as $500 million in a credit facility and notes to help the firm wait out the severe disruption to live events caused by…
finance
Isles Co-Owner Ledecky Rolls Out Fresh SPAC, Joined by Tennis Vet Adams
Stop if you've heard this one…
Exclusive
Alex Rodriguez, Jennifer Lopez Hims & Hers Investment Pays With Oaktree SPAC
A-Rod's post-baseball business empire is scoring its first stock market victory, as telehealth and personal care unicorn Hims & Hers is set to go public by special…
Nationals Park Earns Bond Rating Upgrade as D.C. Fiscal Health Endures
One bright spot for the District of Columbia this week: the city’s fiscal management of its stadium bonds has earned a ratings upgrade. Bond rating firm Fitch has bumped…
Jon Ledecky and Joanna Coles Seek $300 Million For New Commerce SPAC
Fresh off of securing a deal for their first special purpose acquisition company, New York Islanders co-owner Jon Ledecky and media entrepreneur Joanna Coles have teamed…
The Business of Sports
Featuring this week's podcast with Scott Soshnick and Eben Novy-Williams
Coming SoonGambling Stocks Jump on Cuomo’s Endorsement of Mobile Betting for New York
The belief that New York Gov. Andrew Cuomo has reversed a long-held opposition to expansion of gambling in the state has sparked sports gaming stocks higher today, as…
Alan Kestenbaum SPAC Sports Ventures Hits Market with Upsized IPO
The sports-focused blank-check firm launched by Atlanta Falcons co-owner Alan Kestenbaum and Inner Circle Sports' Rob Tilliss closed on its initial public offering and…
Billionaire Ken Moelis Suggests Sports Betting as Target in New SPAC
Billionaire banker Ken Moelis' new special purpose acquisition company may target sports betting or media, among a wide swath of potential areas the blank check firm…
Fubo Goes on Offense With Early Sales and Subscriber Details
After a string of holiday-season bearish analyst reports that lopped more than half the value off its shares, sports-centric streaming TV provider FuboTV went on the…
Exclusive
Genius Sports, Fubo Make Jump Into JohnWallStreet Sports Index
Sports data provider Genius Sports, sports-centric TV streamer Fubo and casino and sportsbook operator Caesars Entertainment are joining Sportico's JohnWallStreet Sports…
Exclusive
Sports Index Rallies in December, Capping Late 2020 Boom
The JohnWallStreet Sports Index posted a 7.7% gain for the month of December, handily outpacing the S&P 500's performance in the month, as expectations for getting…
Sports Insurance Rates Poised to Jump in 2021 After Pandemic Losses
As teams and leagues manage the impact of lost ticket sales and reduced media payouts from COVID-19 as well as uncertainty in the year ahead, there's another problem to…
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