Category: sports
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Sir Len Blavatnik pumps $827m more into DAZN as sports streamer chases billion-user goal
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Sir Len Blavatnik, Britain’s second-richest man, has pumped an extra $827 million into DAZN – which calls itself the “Netflix of sports” – even as the London-based streaming service posts widening losses. The billionaire’s latest funding, provided in 2023 through his investment group Access Industries, brings his total backing of…
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Sir Len Blavatnik pumps $827m more into DAZN as sports streamer chases billion-user goal
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Sir Len Blavatnik, Britain’s second-richest man, has pumped an extra $827 million into DAZN – which calls itself the “Netflix of sports” – even as the London-based streaming service posts widening losses. The billionaire’s latest funding, provided in 2023 through his investment group Access Industries, brings his total backing of…
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Sports Star Bo Hines to Get Crypto Council on Track as $WEPE Keeps All Eyes on the Prize
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In the United States, former football star Robert “Bo” Hines has been appointed executive director of the President’s Council of Advisors for Digital Assets, signaling another positive step for cryptocurrency policy. President-elect Donald Trump Break the news On his social media platform, the truth, announcing Heinz As the latest addition…
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FIFA And Mythical Games Deal Highlights Role Of Blockchain In Sports Gaming
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The integration of blockchain technology and sports gaming continues as FIFA has partnered with a well-known cryptocurrency-based game studio to create a new football game for mobile users. Football fans are eagerly awaiting a free-to-play blockchain-powered football game scheduled for release next year. FIFA competitors A new free-to-play mobile soccer…
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FIFA And Mythical Games Deal Highlights Role Of Blockchain In Sports Gaming
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The integration of blockchain technology and sports gaming continues as FIFA has partnered with a well-known cryptocurrency-based game studio to create a new football game for mobile users. Football fans are eagerly awaiting a free-to-play blockchain-powered football game scheduled for release next year. FIFA competitors A new free-to-play mobile soccer…
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Money in NCAA sports has changed life for a few. For many athletes, college degree remains the prize
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Breadcrumb links PMN BMN Business Article writer: Associated Press Cheyenne Mumphrey, Michael Marott, and David Brandt Published on November 8, 2024 • Last updated 24 minutes ago • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Article…
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Top 3 Sports Where Home Advantage Matters Less Than You Think
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A common strategy to follow for making betting strategies is to rely on one particular factor, such as the house edge, as a base upon which to build. Home advantage in sports is something that gets talked about a lot. A lot of research has been done on the phenomenon…
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Former Asda boss Mohsin Issa invests £10m in sports supplement firm ahead of London IPO
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Billionaire retail tycoon Mohsin Issa, the former chief executive and co-owner of Asda, has made his first major investment since stepping down from the supermarket giant, investing £10m in Liverpool-based sports supplements company Applied Nutrition. The company is preparing to offer its shares for public subscription on the London Stock…
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The 100k+ club: High-earning women thank the sports of their childhoods
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Elizabeth Lindsay grew up playing soccer, but when her family moved to a new city, there was no girls’ soccer team. Lindsay said the boys were “terrible to her” and refused to let her play on their team. So, at the age of nine, Lindsay made a presentation to the…
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Fox could shake up the sports betting sector with the activation of its FanDuel stake
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Wild Pixel A new player could be joining the sports betting industry in the near future, and that is Fox Corporation.NASDAQ: FOX) Chief Executive Lachlan Murdoch said the media giant is moving forward with plans to exercise its option to retain an 18.6% stake in sports betting. FanDuel Leader. In…
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US judge delays launch of sports streaming venture from Disney, media giants By Reuters
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By Don Chmielewski and Jack Quinn (Reuters) – A U.S. judge on Friday temporarily blocked the launch of a new sports streaming service backed by three media giants, Walt Disney Co and Amazon. Disney (NYSE:), Fox, and Warner Bros. Discovery (NASDAQ:), which aim to attract younger sports fans who don’t…
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David Beckham-backed Guild Esports set for takeover by US-based DCB Sports By Reuters
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(Reuters) – Shares of David Beckham-backed Guild eSports jumped more than 54 percent in early trading on Monday after the gaming company said it plans to accept a takeover offer from California-based investment management firm DCB Sports. Financial details of the deal were not disclosed by Guild Esports, which said…
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Hibbett shareholders approve the sale to JD Sports
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Skynisher Hibit (NASDAQ: HIBB) confirmed on Monday that shareholders have approved the merger deal with JD Sports Fashion (OTCPK: JDSPY). The UK sportswear retailer has proposed to buy all outstanding shares of Birmingham, Alabama-based Hibbett (HIBB) for $87.50 per share in cash, representing a 21% premium. To the US company’s…
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Hibbett shareholders approve the sale to JD Sports
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Skynisher Hibit (NASDAQ: HIBB) confirmed on Monday that shareholders have approved the merger deal with JD Sports Fashion (OTCPK: JDSPY). The UK sportswear retailer has proposed to buy all outstanding shares of Birmingham, Alabama-based Hibbett (HIBB) for $87.50 per share in cash, representing a 21% premium. To the US company’s…
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Alchemy Pay Integrates Chiliz Chain, Unlocking Fiat-Crypto Payments For Sports Fan Tokens
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In the rapidly evolving world of blockchain and cryptocurrencies, the convergence of traditional finance and digital assets has become increasingly important. One such notable integration set to revolutionize the sports and entertainment industry is the partnership between Chemistry pushthe leading crypto and fiat payment gateway, and Chiliz, the leading blockchain…
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Alchemy Pay Integrates Chiliz Chain, Unlocking Fiat-Crypto Payments For Sports Fan Tokens
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In the rapidly evolving world of blockchain and cryptocurrencies, the convergence of traditional finance and digital assets has become increasingly important. One such notable integration set to revolutionize the sports and entertainment industry is the partnership between Chemistry pushthe leading crypto and fiat payment gateway, and Chiliz, the leading blockchain…
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Shops and restaurants poised for consumer spending boost with labour win and major sports events
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Retailers and the hospitality sector are bracing for a huge increase in consumer spending as Labour’s latest election victory coincides with a big weekend of sporting events, including England’s Euro 2024 match and Andy Murray’s potential final appearance at Wimbledon. Businesses across the UK are set to benefit from a…
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Can Bitcoin Fill the Gap in Sports Financing?
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In late 2019, Juventus launched the world’s first blockchain-based fan token, promising a revolution in fan engagement. Fast forward to today, and every single fan token has experienced extreme volatility with prices mostly plummeting. This is not just a financial accident; it is a fundamental design failure. As we navigate…