2025-10-14
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Finance & Investments
The funding round values the prediction market platform at $5B.
Competitor Polymarket recently received a $2B investment from Intercontinental Exchange.
Kalshi's growth is fueled by sports betting and parlay-style wagers.
The event expects millions in revenue this year, 3-4x its 2024 debut.
Athlos will transition to a team-based league with athlete ownership stakes next year.
Its long-term goal is to become a sustainable, profitable league by the 2028 Olympics.
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Media, Broadcasting & Sponsorships
The move ends a 17-year operational partnership with Warner Bros. Discovery.
New content includes a daily flagship show and a package of 60 nonexclusive games.
The league has also taken over NBA League Pass, with prices starting at $109.99.
The six-player event features a $13.5M total purse with a $1.5M guarantee per participant.
Netflix will stream the tournament, expanding its partnership with TKO Group and Riyadh Season.
The Oct. 15–18 exhibition features Novak Djokovic, Carlos Alcaraz, and Jannik Sinner.
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Teams & Leagues
The other finalist is a consortium led by Curtis Martin and Marc Lasry.
The NFL is seeking an operating partner for the new league, not an investor.
Flag football is set to make its Olympic debut at the LA 2028 Games.
Sportradar now captures 3.6 million data points from every single Bundesliga match.
New products like Live Player Markets create ~240 additional betting opportunities per match.
The company provides data for over 150,000 matches annually across more than 900 leagues.
The agreement clears the way for a $2.4B domed stadium and development in Brook Park.
The settlement includes $50M in direct payments, $30M for demolition, and $20M for community benefits.
The deal, pending council approval, sees the team leave its current stadium in 2029.
The expansion is contingent on finalizing a new collective bargaining agreement with WNBA players.
The NBA also signed a multi-year partnership with the Chinese Basketball Association.
The league returned to China after a six-year hiatus that cost hundreds of millions.
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Miscellaneous
The lawsuit alleges marketing portrays Messi as the drink's "founder" who developed it.
Messi previously testified under oath he was not involved in the product's design.
Prime seeks monetary damages and an injunction to stop the marketing claims.
A rule blocks rivals as the only South American VP nominee is on his team.
Former deputy president Robert Reid resigned, citing a breakdown in governance standards.
Ben Sulayem has been president since Dec 2021; the election is this December.
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