Despite ongoing turbulence in the US stock market due to Covid-19, sports gambling has been a high-performing sector with analysts expecting robust long-term growth
The Athletic seeks new markets for football and US sports coverage
Subscription sports journalism service The Athletic will launch in a number of new markets this year. Experienced sports media executives Simon Greenberg and Alex Peebles are leading the expansion and discussed the plans and strategy with SportBusiness.
New York sees big potential in online sports betting, but operating model unclear
New York, America's fourth most populous state and home to its largest media market, is on the cusp of legalizing online sports betting. But there remains significant political disagreement about the operating model in which it would happen. US Editor Eric Fisher explores the potential and pitfalls of opening up the Empire State to mobile sportsbooks.
Round-Up: PP Sports ‘loses CSL rights’, 12 women nominated to Tokyo OC board, AFC qualifier postponed, and more
Chinese streaming platform PP Sports is reported by Chinese media to have dropped rights for the Chinese Super League after failing to make rights fee payments
Simplebet raises $15m to help fund new micro-betting product
Sports betting startup Simplebet has completed a $15m financing round, bringing total funding of the company to $50m.
LaLiga adds Sky México to anti-piracy drive, extends with Pro League, Dorna
LaLiga, the organising body of the top two divisions of Spanish club football, has signed up pay-television broadcaster Sky Sports México as the latest client for its anti-piracy venture, while Belgium’s Pr…
AT&T strikes deal with TPG to spin off DirecTV
Satellite television company receives sharply diminished valuation
23 Capital starts up again as Traub refocuses efforts on football
Covid-19 disrupted 23 Capital’s business more than most other football financiers, nixing the sale of a majority stake in the company. Now, co-founder Jason Traub is looking to press ahead after a tough year at the office. Callum McCarthy reports.
NBA gains more sponsors than it loses in year after the shutdown
The NBA signed up more sponsors than it lost after the shutdown in March 2020
Innovation and safety around the ‘NBA Bubble’ enhanced the league’s reputation
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Saudi Arabia pitches to be development centre for football industry as part of Asian Cup bid
Saudi Arabia's bid to host Asia’s continental football championship, the AFC Asian Cup, in 2027 contains a broader plan to become a centre for learning and development for the Asian football industry. Tom King reports.
The SportBusiness Finance Weekly Podcast | SeatGeek’s Russ D’Souza on the return of fans to live events
In this week's episode, podcast co-hosts Eric Fisher and Chris Russo interview Russ D'Souza, co-founder and president of SeatGeek, and also discuss the emergence of ViacomCBS streaming service Paramount+ and the rise of athlete investment vehicles.