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DraftKings To Launch Super Bowl Prop Bet Show With Bleacher Report
Tuesday, January 19, 2021 - 11:01am | 408One of the leading sports betting names in America is teaming up with a media company to launch an interactive Super Bowl prop bet show. What Happened: Bleacher Report, owned by AT&T (NYSE: T), and DraftKings Inc (NASDAQ: DKNG) are continuing their media partnership with an exclusive Super Bowl...
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6 Sports SPACs To Consider For Your Investing Playbook
Friday, January 15, 2021 - 5:01pm | 645The SPAC market continues to offer new opportunities for investors to invest based on management teams and target areas of acquisition. Here is a look at six SPACs targeting the sports sector. Acies Acquisition Corp (NASDAQ:ACAC): Run by former MGM Resorts (NYSE: MGM) CEO James Murren, Acies...
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Rocket Mortgage Super Bowl Squares Sweepstakes Are Back And Bigger Than Ever
Thursday, January 7, 2021 - 11:30am | 473In light of Super Bowl LV, Rocket Companies Inc (NYSE: RKT) is bringing back the Rocket Mortgage Super Bowl Squares Sweepstakes. During its second iteration, Super Bowl Squares participants will tune Feb. 7 on CBS, to have a shot at winning $50,000 after every scoring play. Additionally,...
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Why NFL Player Russell Okung Takes Half His Salary In Bitcoin
Tuesday, December 29, 2020 - 2:37pm | 479For the first time in the four major professional U.S. sports, an athlete will receive a portion of his salary in bitcoin. What Happened: Carolina Panthers tackle Russell Okung will receive a portion of his salary as bitcoin, according to Coindesk. The startup Zap, which converts traditional...
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Esports Entertainment Pushes Further Into Sports Betting, iGaming With Acquisition
Wednesday, December 16, 2020 - 4:27pm | 391Esports Entertainment Group (NASDAQ: GMBL), a small-cap esports and online casino company, announced an acquisition in the gaming space and a partnership with the Philadelphia Eagles to strengthen its growth ahead. What Happened: Esports Entertainment will acquire online casino operator Lucky...
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Fintech Focus For December 15, 2020
Monday, December 14, 2020 - 6:36pm | 1454Quote To Start The Day: “The flame of democracy was lit in this nation a long time ago. And we now know that nothing — not even a pandemic or an abuse of power — can extinguish that flame,” Biden said in prepared remarks his transition team announced he would deliver at 7:...
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How MMA Fans Can Earn An ROI For Their Engagement
Wednesday, November 18, 2020 - 4:35pm | 852The Professional Fighters League, a fast-growing and innovative sports organization, has formally announced a partnership with Socios to provide blockchain fan tokens. As part of the development, Benzinga chatted with PFL CEO Peter Murray. About The Professional Fighters League The PFL...
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Former SPAC Hall Of Fame Resort Soars 125% On Sports Illustrated Deal
Thursday, November 5, 2020 - 11:28am | 419Hall of Fame Resort & Entertainment merged with Gordon Pointe Acquisition Corp via a SPAC deal to bring the ambitious football-themed entertainment company to the public market. What Happened: Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV) shares surged Thursday after...
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5 Former SPACs That Are Now Penny Stocks Under $5
Sunday, November 1, 2020 - 10:05am | 1344One of the hottest investment trends of 2020 has been the rise of specialty purpose acquisition companies, commonly known as SPACs. Companies like DraftKings (NASDAQ: DKNG), Virgin Galactic Holdings (NYSE: SPCE), Repay Holdings Corp. (NASDAQ: RPAY) and Immunovant Inc. (NASDAQ: IMVT) has seen...
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Amazon Secures Rights For NFL Playoff Game: Report
Wednesday, October 14, 2020 - 3:37pm | 378Amazon.com (NASDAQ: AMZN) has reportedly secured the rights to one of the two new wild card games for the 2020 season. What Happened: The NFL told league owners Amazon had secured the rights to one playoff game, according to The Wall Street Journal. The amount paid by Amazon is expected to be...
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FuboTV Uplisting, Kronos Bio Highlight This Week's IPOs
Friday, October 9, 2020 - 9:01am | 793This week has down with 6 IPOS scheduled for Thursday and Friday. FuboTV: Sport first live tv streaming company Fubo TV (OTC: FUBO) is uplisting to the Nasdaq. The company is selling 15 million shares in a range of $9 to $11. The company offers a package of over 100 channels, catering to sports...
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3 More Reasons To Wager On The Sports Betting ETF
Friday, October 9, 2020 - 7:15am | 530In just about four months, the Roundhill Sports Betting & iGaming ETF (NYSE: BETZ) is up almost 36% and has drawn in $137 million in assets under management, making it one of this year's most impressive new exchange-traded funds. What Happened: Much of the ebullience surrounding BETZ is...
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DraftKings Falls On $52 Share Offering, NFL Uncertainty
Wednesday, October 7, 2020 - 7:53am | 408Shares of DraftKings Inc (NASDAQ: DKNG) hit a new high of $64.19 on Oct. 2. An offering has sent shares lower. What Happened: DraftKings announced Monday it was selling 32 million shares. The company is selling 16 million new shares with existing shareholders selling 16 million. The...
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Cannabis Movers & Shakers: Champions + Legends, NorCal Cannabis, Australis Capital, Flora Growth, StandardC, Christina Lake, Green Hygienic
Tuesday, October 6, 2020 - 9:38am | 1520Here is a summary of the latest leadership changes within the cannabis industry. Former NFL Star Michael Vick Named Founding Partner Former professional American football quarterback Michael Vick agreed to join Las Vegas-based sports supplements CBD brand Champions + Legends as...
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Why New Jersey's August Sports Betting Record Hints At Future Strength
Thursday, September 17, 2020 - 10:38am | 655Sports betting hit an all-time high for any state with New Jersey's $668 million total in August. New Jersey's Sports Betting Receipts: New Jersey's total sports betting handle hit $668 million in August, more than double the $315 million reported in July. Online sports betting...