The integration of sports betting into modern sports culture continues to gain momentum, with industry leaders expressing optimism about its growth trajectory. During CNBC x Boardroom’s Game Plan sports business event, executives from FanDuel, Fanatics, DraftKings, and Sportradar shared insights on state taxes, emerging betting trends, and the importance of promoting safe betting practices. Fanatics,
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The upcoming presidential debate between Vice President Kamala Harris and former President Donald Trump is highly anticipated as voters seek clarity on how each candidate plans to address critical issues such as the economy, inflation, and job growth. One sector that faces particular uncertainty following the election is clean energy, which has experienced growth under
The National Football League’s strategic focus on streaming has proven to be a game-changer, not only in the U.S. but also globally. The recent exclusive streaming deals with various media companies have allowed the NFL to broaden its fanbase and grow its audience significantly. Under the 11-year, $111 billion media rights deal signed in 2021,
Looking ahead to the 2028 Olympics in Los Angeles, city officials are already planning various initiatives to ensure the successful hosting of the Games. Mayor Karen Bass emphasized the need to prepare the city’s infrastructure, particularly public transportation, to accommodate the influx of visitors. Bass expressed her hope that attendees would utilize public transportation to
Millions of DirecTV customers are facing the possibility of missing out on watching the NFL’s opening “Monday Night Football” game on ESPN due to an ongoing dispute between the satellite provider and network parent Disney. This disagreement involves a battle over fees and bundling, causing Disney’s TV networks to go dark for DirecTV customers starting
After 17 years at the helm of Wendy’s, Nelson Peltz is stepping down as chair of the fast-food chain, effective immediately. This move comes at a time when low-income consumers are eating out less, leading to a slump in Wendy’s sales. The company’s shares have dropped more than 12% this year, dragging its market value
Big Lots, a popular discount home goods retailer, recently filed for bankruptcy due to a combination of high interest rates and a slow housing market that impacted the demand for its affordable furniture and decor offerings. This bankruptcy filing was accompanied by a decision to sell the business to private equity firm Nexus Capital Management
Boeing’s Starliner spacecraft finally undocked from the International Space Station months later than anticipated, marking the end of a troublesome mission. Originally scheduled to depart much earlier, the capsule left the ISS without the two astronauts it transported to orbit in early June. Instead, NASA test pilots Butch Wilmore and Suni Williams will remain at