
2026-09-30
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Finance & Investments
City was found guilty on nearly all of 100+ Premier League charges, overstating revenue by £855M and hiding £66M in costs from 2009-2018.
Most of that revenue was £831M from City's owner, Abu Dhabi United Group, disguised as sponsor income to get around league financial rules.
City, winner of eight Premier League titles since its 2008 Abu Dhabi takeover, will appeal; penalties will be decided at a separate hearing.
The health tech company paused plans to raise $2.2B in a public stock offering due to high interest rates and global economic uncertainty.
Early celebrity backers like Shaquille O'Neal and sports investment firms must now wait to cash in on the expected $15.6B total company value.
Despite the delay, the wearable device maker remains financially strong, generating $1.2B in revenue over a recent nine-month period from 5M paying members.
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Media, Broadcasting & Sponsorships
The tournament's organizer, the United States Tennis Association, reported 1.2M total fans, driven by 300K attendees at a free preview week.
Officials withheld exact attendance figures, making it impossible to verify if the main event actually grew this year.
Expanding to three weeks helps organizers manage severe overcrowding while boosting overall sales and offering cheaper tickets.
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Teams & Leagues
The 77-22 vote shows broad support from both parties for the bill, co-written by Democratic Sen. Maria Cantwell and Republican Sen. Ted Cruz.
Athletes would gain a federal right to a share of school TV, ticket, and sponsorship revenue, plus earnings from their name and image.
Next it goes to the House, whose next session starts Nov. 9; if passed there, it needs President Trump's signature, and he supports it.
LA28, the group organizing the Los Angeles Olympics, will start the relay in spring 2028 in Atlanta, the last US city to host the Summer Games.
Past US relays reached 33 states in 1984 and 46 in 2002, and this one adds first-ever stops in Hawaii and both Dakotas.
Organizers will reveal the route in 2027 and let the public nominate torchbearers, giving people nationwide a role before the July 14 opening.
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Miscellaneous
Sportradar, a global supplier of sports data, is using event-betting platforms like Kalshi to drive growth as traditional sports wagering slows down.
Analysts project this expansion could generate up to $100M in long-term revenue, offering better profit margins than standard online sportsbooks.
The company relies on future league approvals, especially from the NBA, to fully roll out these new consumer betting products.
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