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Brad Pitt may be an F1 fan, but that’s not the primary reason he was spotted around town during last year’s inaugural Las Vegas Grand Prix. Nor is it why he has returned, along with the second annual race, this week. Brad Pitt will star as an F1 racecar driver in an upcoming Jerry Bruckheimer movie. (Image: Warner Bros. Pictures) Pitt is toplining a movie for Warner Bros. called “F1.” It’s due in theaters June 27. Pitt films a scene for “F1” on Tuesday night. (Image: @backgrid) Pitt’s appearance at last year’s Las Vegas Grand Prix was primarily for research for the role. But this time, scenes are being filmed. …

A Polymarket trader who won roughly $11 million betting on Donald Trump’s return to the White House lost almost a third of that money after backing a comeback that failed to materialize at Texas’s AT&T Arena on Friday night. Mike Tyson and Jake Paul trading blows at the Texas’s AT&T Arena on Friday night. Despite the hype, the fight was a pretty drab affair. (Image: Netflix) YouTube star turned boxer Jake Paul’s underwhelming defeat of a distinctly rusty “Iron” Mike Tyson in Friday’s overhyped Netflix spectacle, represented a body blow for the bettor who had $3.6 million riding on the contest. In the lead-up to the bout, “zxgngl” bought over …

The house doesn’t always win. DraftKings’ (NASDAQ: DKNG) after-hours tumble proves as much as shares of the online sportsbook operator slid after the company lower its 2024 earnings and revenue guidance, citing good fortune by clients in the current quarter. A DraftKings billboard appears at Times Square in New York City. The stock slipped late Thursday after the company pared its 2024 guidance. (Image: NASDAQ) In extended trading, DraftKings was lower by 5.71% at this writing after the company said it now expects 2024 earnings before interest, taxes, depreciation, and amortization (EBITDA) of $240 million and $280 million on revenue of f $4.85 billion to $4.95 “due to the impact …

Hard Rock Bet, the only legal online sportsbook in Florida, is partnering with one of the state’s most cherished sports bars in Duffy’s. Hard Rock Bet and Duffy’s Sports Grill are teaming up to promote sports betting in Florida. Duffy’s is now an Official Game Day Partner of Hard Rock Bet. (Image: Casino.org) Hard Rock Bet is the retail and online sportsbook of the Seminole Tribe of Florida. On Thursday, the sportsbook brand announced a partnership with Duffy’s Sports Grill that will identify each of the restaurant and bar’s 30 brick-and-mortar locations as an Official Game Day Partner of Hard Rock Bet. Known for being the home of two-for-one drinks …

Shares of Rush Street Interactive (NYSE: RSI) surged in Wednesday’s after-hours trading session after the gaming company boosted its 2024 earnings guidance while announcing a $50 million share buyback plan. The Rush Street Interactive corporate logo. The company upped its 2024 earnings and revenue guidance and announced a $50 million share repurchase plan. (Image: Rush Street Interactive) In conjunction with the release of its third-quarter results, the BetRivers parent said it now expects 2024 earnings before interest, taxes, depreciation, and amortization (EBITDA) of $82 million to $86 million. That’s well above the guidance the company issued earlier this year. RSI expects Adjusted EBITDA for the full year ending December 31, …

Churchill Downs (NASDAQ: CHDN) said it will spend as much as $50 million to build a new historical racing machine (HRM) establishment in Calvert City, Ky. Churchill Downs’ Derby City Gaming Downtown historical horse racing venue in Louisville. The company is opening another such venue in Calvert City, Ky. (Image: The Courier-Journal) The gaming company forecast expenditures of $40 million to $50 million on the HRM facility, which is being positioned as “an extension” of Oak Grove Racing, Gaming, and Hotel. Churchill Downs plans to open the new 23,000 square-foot facility with 250 HRMs, a sports bar and a sportsbook, and a simulcast center in early 2026,” according to a statement …

Ahead of the team’s move to Las Vegas, the soon-to-be former Oakland Athletics (A’s) are rumored to be considering the sale of a minority interest in the franchise. The exterior of the Oakland Coliseum. Athletics owner John Fisher is reportedly considering selling 25% of the team before its move to Las Vegas. (Image: Complex) Unidentified sources familiar with the matter told The New York Post that owner John Fisher is looking to sell as much as 25% of the team for $500 million, implying the Major League Baseball (MLB) club is worth $2 billion. That’s significantly higher than the $1.2 billion Forbes said the team was worth before the start …

Diamond Sports Group, the bankrupt operator of regional sports networks (RSNs) currently bearing the Bally’s Sports name, is asking a court to allow it to rebrand to FanDuel as soon as possible. A map of Bally’s regional sports networks (RSNs). Operator Diamond Sports is pushing to rebrand those networks to FanDuel as soon as possible. (Image: The Business Journals) In a Tuesday filing with the US Bankruptcy Court, Southern District of Texas, Diamond said it must shift to FanDuel branding soon because the NHL season has already commenced, the 2024-25 NBA campaign starts next week, and because the broadcaster’s agreement with Major League Baseball (MLB) expires at the end of …

American Bettors’ Voice (ABV), a wagering advocacy group formed earlier this year, announced Wednesday that Rutgers University professor Dr. Harry Crane joined its advisory board. Dr. Harry Crane teaching a class. He joined the advisory board of American Bettors’ Voice. (Image: YouTube) A graduate of the University of Pennsylvania and the University of Chicago, Crane is well-known in sports wagering circles as one of the foremost researchers on betting exchanges, prediction markets, and sports analytics. Dr. Crane is Professor of Statistics and Affiliated Faculty in the Graduate Program in Philosophy at Rutgers University. Professor Crane has served as a Visiting Scholar in Mathematics at the University of California at Berkeley, …

Circa Sports is taking its usual pragmatic, thoughtful approach to expanding into new states, but a surprise jurisdiction is on the company’s radar: California. Circa Sports owner Derek Stevens at one of the company’s sportsbooks. He said the operator would be interested in running a retail sportsbook in California. (Image: Jeff Scheid/Nevada Independent) In an interview with The Las Vegas Review-Journal, Circa co-founder and CEO Derek Stevens said if the Nevada neighbor approves sports wagering with an in-person registration requirement, Circa would jump at the chance to open a brick-and-mortar sportsbook in the most populous state. Of the states that currently offer mobile sports wagering, Nevada stands out — arguably …