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Kalshi’s Parlay Breakthrough Happens Quietly in the Night
Kalshi stealth-released its first customizable parlays Monday night. It did not make an official announcement…
Marc Lasry’s Avenue Sports Fund Closes With $1B in Commitments
Avenue Capital Group, a global asset management firm led by chairman and CEO Marc Lasry, announced that it…
Angel City Adds ‘One of the World’s Most Powerful Women’ as Backer
NBA star Chris Paul and billionaire Solina Chau have bought into NWSL club Angel City FC, part of a quartet…
DraftKings, NBCUniversal Deal Shows Sportsbook Marketing Shift
In August 2020, NBCUniversal announced a five-year marketing deal with PointsBet projected to be worth nearly…
ESPN Can Ditch ‘Monday Night Football’ Overlaps Soon
The New York Jets and Miami Dolphins will kick off Monday night at 7:15 p.m. ET on ESPN. The Cincinnati…
EA Nears Private Equity Sale in Leveraged Buyout, Per Report
An investment group led by private equity company Silver Lake and Saudi Arabia’s Public Investment Fund is in…
Apple TV+ Brings Secret Weapon to Its MLB Broadcasts
As Clayton Kershaw exited his final regular season home start for the Dodgers a week ago, thousands of Los…
NFL’s Patriots Selling 8% Stake at $9+ Billion Valuation
The New England Patriots have reached an agreement to sell an 8% stake in the franchise at a valuation…
‘South Park’ Episode Spotlights Kalshi, Polymarket Brands
Kalshi and Polymarket, the world’s most popular prediction market operators, got a gift from South Park on…
Red, White and Boo! Smack Talk, Feisty Fans to Fuel Ryder Cup Ratings
As it looks to capture a rare Ryder Cup win on U.S. soil, Team Europe is gearing up for what’s sure to be a…
As MLB Playoffs Loom, Here’s Where the League’s New Rights Deals Stand
Sometime between now and when the sun enters its Earth-devouring red giant phase, Major League Baseball will…
PrizePicks Valued at $2.5 Billion in Sale as Gaming Lines Blur
Swiss gaming giant Allwyn has reached an agreement to buy a majority stake in PrizePicks in a deal that…
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