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Lucas Paqueta Faces New Charges of Obstructing FA Spot-Fixing Probe

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Brazilian soccer star Lucas Paqueta is facing two new charges as part of the English Football Association’s (FA) investigation into allegations of spot-fixing. Lucas Paqueta, above, pictured in a publicity image For West Ham United. The midfielder faces potentially career-ending charges of spot-fixing. That’s after around 60 people in Brazil bet on him to receive

bet365 Debuts Denver HQ, Plans to Fill 1,000 Jobs

bet365-debuts-denver-hq,-plans-to-fill-1,000-jobs

bet365 has selected Denver as its US headquarters and plans to hire nearly 1,000 people in the years ahead in Colorado’s largest city. bet365’s sign promoting betting at an Australian cricket match. The company announced Denver as its US headquarters, saying it will fill nearly 1,000 jobs there. (Image: Getty Images) The UK-based gaming giant

FanDuel Bullishness Boosts DraftKings, Too, Say Analysts

fanduel-bullishness-boosts-draftkings,-too,-say-analysts

They’re direct competitors, but when it comes to FanDuel parent Flutter Entertainment (NYSE: FLUT) and DraftKings (NASDAQ: DKNG), what’s good for one can benefit the other. A DraftKings billboard appears at Times Square in New York City. Analysts believe good news from rival FanDuel is benefiting DraftKings, too.(Image: NASDAQ) That was the case Wednesday when

Fanatics Mulling Equity Sale to Staffers at Discounted $25B Valuation

fanatics-mulling-equity-sale-to-staffers-at-discounted-$25b-valuation

Fanatics is reportedly considering selling equity to employees at a $25 billion valuation, a hefty discount to the $31 billion the company was valued at following a December 2022 funding round. The Fanatics Sportsbook logo. The company is rumored to be considering the sale of equity to employees at a $25 billion valuation. (Image: Fanatics)

Pennsylvania Casino Owners to Shutter Oldest Horse Racecourse in United States

pennsylvania-casino-owners-to-shutter-oldest-horse-racecourse-in-united-states

Two Pennsylvania casino owners have decided to shutter the oldest horse racetrack in the country in neighboring New Jersey. A photograph shows live harness racing in Freehold, NJ. The photograph is believed to be from 1905-1910. Two Pennsylvania casino operators that own the Freehold Raceway, the oldest horse racetrack in the United States, plan to

UFC 306’s Gate Receipts Break Sphere, UFC Records

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UFC 306, the first sports event held at the Las Vegas Sphere, generated the highest gross revenue that either the venue or the UFC has ever seen. According to UFC, the 10-fight spectacle earned $22 million in gate receipts, handily trouncing the $17.7 million gross earned by UFC 205 in 2016. The Octagon is enveloped

Why UFC Vows Never to Return to Vegas Sphere

why-ufc-vows-never-to-return-to-vegas-sphere

UFC 306, scheduled for Saturday, September 14, will be the first sports event held at the Las Vegas Sphere. It could also be the last if a lesson is to be learned from UFC CEO Dana White’s admitted mistake. With production costs mounting and ticket prices in freefall, UFC 306 (aka Riyadh Season Noche) will

DraftKings CEO Jason Robins Seeks Alternative for Fighting High Taxes

draftkings-ceo-jason-robins-seeks-alternative-for-fighting-high-taxes

After quickly abandoning a plan to tax winning bets in states with high sports betting taxes, DraftKings (NASDAQ: DKNG) CEO Jason Robins says the company is seeking workarounds in jurisdictions with burdensome tax structures. DraftKings CEO Jason Robins at an industry conference. He said the company is examining alternatives to surcharges to deal with high

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