News
Tapping into underserved audiences: Five things to know about FloSports’ growth strategy
18+ hour, 57+ min ago (291+ words) In a sports media landscape dominated by billion-dollar rights deals and global competitions, FloSports has taken a fundamentally different approach. Rather than competing for the biggest properties, the US company has built its business by focusing on what it calls…...
Prediction market Kalshi charged with operating illegal betting operation in Arizona
2+ week, 1+ day ago (386+ words) The state of Arizona has filed misdemeanor charges against prediction market operator Kalshi, accusing it of running an illegal sports and election betting operation. Prediction markets see customers exchange contracts tied to the result of a particular event, with their…...
Prediction market Kalshi identifies as ‘gambling’ firm as LaLiga partners with Polymarket
15+ hour, 27+ min ago (439+ words) Prediction market operator Kalshi has classified itself as a "gambling" operator in a US trademark filing, despite public protestations and intensive lobbying efforts to prevent its service from being legally designated as such. According to Sportico, the company attempted to…...
Sky Sports ‘won’t renew’ Boxxer broadcast deal, targets multiple boxing promoters
9+ mon, 3+ week ago (464+ words) Sky Sports will reportedly not renew its broadcast deal with boxing promotional company Boxxer when it expires this month. The UK pay-TV broadcaster signed a four-year agreement, said to be worth UK36 million (US48.9 million), with Boxxer in 2021 after Eddie Hearn's Matchroom…...
IPL chair confident media rights value won’t drop in next cycle
1+ day, 16+ hour ago (635+ words) Indian Premier League (IPL) chairman Arun Singh Dhumal has downplayed the prospect of the competition's media rights value falling in the next cycle. The world's richest Twenty20 cricket league is in the penultimate year of its current 2023/27 media rights cycle, with…...
Infantino adamant Iran will play in the US at 2026 World Cup
1+ day, 15+ hour ago (301+ words) Fifa president Gianni Infantino has stressed that Iran will compete at the 2026 Fifa World Cup and play their scheduled matches in the United States, despite the ongoing conflict in the Middle East. Iran is due to play group stage matches…...
Jake Paul’s MVP and Sky Sports agree women’s boxing broadcast deal
1+ day, 14+ hour ago (638+ words) Jake Paul's Most Valuable Promotions (MVP) has struck a multi-year rights deal with Sky Sports, making the pay-TV broadcaster the UK and Ireland home of the company's new MVPW women's boxing platform. The partnership will see Sky exclusively broadcast two…...
Marseille owner Frank McCourt backs new Premier Jumping League
2+ day, 13+ hour ago (204+ words) A new showjumping competition offering US$300 million in prize money is launching next year with backing from Frank McCourt, owner of French soccer heavyweights Olympique de Marseille. The backing of McCourt, who will serve as PJL chairman, marks the latest…...
Big Ten ‘to vote’ on US$2.4bn private investment deal
5+ mon, 2+ week ago (608+ words) The Big Ten college conference is reportedly set to vote on a private investment deal worth US$2.4 billion as soon as this week. Yahoo Sports says the University of California pension system's investment fund's (UC Investments) offer of a 20-year…...
"A major culture clash": Why not everyone is sold on private equity in college sports
2+ day, 10+ hour ago (1163+ words) Private equity companies have been hoovering up stakes in everything from US major league franchises to European soccer competitions, but it is college sports that has been attracting the attention of institutional investors over the past 12 months. However, not everyone…...