Fanatics has denied a report suggesting that Chairman and CEO Michael Rubin might be considering selling up to $1 billion worth of his stake in the privately held company. The report, published in the Airmail Newsletter by William Cohan and…
Churchill Downs (NASDAQ: CHND) has announced plans to invest $80 to $90 million in renovating the grandstand at its renowned Kentucky racetrack. The construction of the Grandstand Club and Pavilion will begin next month, with the enhancements expected to be…
Churchill Downs Inc. has lifted its ban on trainer Bob Baffert, allowing him to race his horses at their tracks once again. This decision follows Baffert’s statement in which he accepted responsibility for Medina Spirit’s positive drug test after winning…
Just over three years after acquiring the Vegas Sports Information Network (VSiN) from Musburger Media, DraftKings (NASDAQ: DKNG) is selling the sports betting radio network back to its original owner. The financial terms of the transaction remain undisclosed. DraftKings had…
In a post on X, formerly known as Twitter, the company stated that starting at 8 pm Eastern time today, users with SuperBook mobile betting accounts in eight states would no longer be able to place sports bets. Customers can…
This week, the Professional Pickleball Association (PPA) announced a partnership with Integrity Compliance 360 (IC360) to enhance fair play monitoring on its PPA Tour. Headquartered in Las Vegas, the PPA aims to expand its presence in more legal sports betting…
Washington, DC is currently experiencing a halt in mobile sports wagering due to Mayor Muriel Bowser (D) not yet signing the fiscal 2025 budget. Anticipation was high that Bowser would approve the new budget on Monday, which would have marked…
The Nebraska Legislature is set to reconvene for a special session on Thursday, July 25, to explore methods for reducing property taxes for homeowners. Governor Jim Pillen (R) of Nebraska has expressed reservations about expanding gambling since the state’s voters…
The long-rumored sale of Rush Street Interactive (NYSE: RSI) may come to fruition within the next two months, according to a recent report. Media reports in March indicated that the Illinois-based gaming company had reached out to several competitors regarding…
The Philippine Senate has cited small-town mayor Alice Guo in contempt for failing twice to appear at a hearing investigating accusations that she is a Chinese spy involved in human trafficking. Guo cited stress for her absence. On Thursday, authorities…