2025-10-28
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Finance & Investments
The combined group will have 6.5M active players and €850M in adjusted EBITDA.
Tipico and Betclic will unite under a new entity named Banijay Gaming.
CVC will remain invested as a minority shareholder alongside the founders.
The market is valued at $380–$400M in 2025, up from $150–$200M in 2023.
Growth is driven by the Professional Women’s Hockey League and Northern Super League (soccer).
2 in 3 Canadians identify as fans.
The company is a spin-off from PingPod, an autonomous table-tennis club operator.
Its platform automates sports venues, reducing labor costs by up to 66%.
The company has tripled revenue year-over-year and served nearly one million users.
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Media, Broadcasting & Sponsorships
Lululemon shares rose more than 3% on Monday following the announcement.
This marks the retailer's first-ever officially licensed product partnership with the NFL.
The collection launches Tuesday via the NFL’s site, team stores, and Fanatics.
The company launched in September with a bi-weekly podcast, “The Big Swing with Jimmy Roberts.”
Golf Channel will air a weekly, hour-long version of the podcast starting in 2026.
The self-funded company will expand from golf into sports like tennis and skiing.
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Teams & Leagues
South Africa is seeking $100M in private funding for a three-year hosting deal.
Morocco plans a $1.2B complex near Tangier with $800M in private investment secured.
Rwanda has launched a $1.2B circuit project, while Nigeria unveiled a $500M proposal.
A Blue Jays ALCS game recently set a Sportsnet record with 6M average viewers.
The commissioner is 'positive' about players competing in the LA28 Olympics, pending logistics.
The buyout is the second-largest in history, trailing only Jimbo Fisher's $76M.
Louisiana Governor Jeff Landry was reportedly heavily involved in discussions to fire Kelly.
Kelly was dismissed after compiling a 34-14 record over three-plus seasons at LSU.
Probe finds 371 of 571 active referees had betting accounts; 152 gambled.
Those implicated include 7 top-level referees and 15 top-level assistant referees.
One referee bet 18,227 times; 42 referees bet on over 1,000 matches.
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Miscellaneous
Illegal operators generate $53.9B in revenue, costing states $15.3B in lost taxes.
Illegal iGaming accounts for 66% of total US online casino activity.
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