Philip F. Anschutz is set to sell his stake in the NBA’s LA Lakers to LA Dodgers owners Mark Walter and Todd Boehly. Anschutz, founder of the entertainment and sports conglomerate AEG, owns 27% of the Lakers. The proposed sale still needs approval by the NBA’s Board of Governors. Assuming […]
Gambling Industry
Michael Dell, Sixth Street Partners Join Spurs Ownership Ranks
Texas billionaire Michael Dell and the investment firm Sixth Street are the newest members of the San Antonio Spurs ownership group. Their combined 30 percent stake allowed other minority owners to cash out of their profitable Spurs investment. According to Forbes, the San Antonio Spurs franchise is worth $1.85 billion. […]
Vasiliy Lomachenko Needs Win over Masayoshi Nakatani to Get Back in Title Picture
Vasiliy Lomachenko suffered a shocking loss last October, when the pound-for-pound great lost his IBF, WBA, WBC and WBO lightweight belts to Teofimo Lopez. Now, Lomachenko will face Japanese fighter Masayoshi Nakatani in Las Vegas on Saturday in the hopes of earning a rematch with Lopez sometime in the future. […]
UFC Fight Night 190: Ciryl Gane, Alexander Volkov Compete in Heavyweight ‘Semifinal’
Two of the top-ranked heavyweights in the UFC will face off on Saturday Night, as Ciryl Gane and Alexander Volkov meet in the main event of UFC Fight Night 190 at the Apex facility in Las Vegas. Gane says he sees the fight as “a real semifinal,†with the winner […]
Maine Sports Betting Bill Awaits Governor’s Signature
Maine legislators finally crafted sports betting legislation amenable to most of the state Legislature, but now the bill may face its biggest stumbling block – Gov. Janet Mills. Lawmakers finalized the legislation during a special session last week. The sports betting bill would allow both online and brick-and-mortar wagers on […]
Islanders Lightning Game 7 Odds: Tampa Bay Waiting on Kucherov’s Status for Decisive Matchup
The Tampa Bay Lightning will enjoy home-ice advantage in Game 7 of their semifinal series against the New York Islanders on Friday. But the Lightning may have to play without one of their key players in the decisive contest. The winner will take on the Montreal Canadiens, who clinched their […]
Manfred Says Foreign Substance Crackdown Going Well; Players, Managers Offer Mixed Reviews
Major League Baseball began its enhanced enforcement against pitchers who apply foreign substances to the ball on Monday, launching a new era of inspections, arguments, and complaints. Several players and managers have derided the new guidelines this week. But commissioner Rob Manfred says the new rules are working as intended. […]
Bettors Still Love Gambling on Table Tennis Long After COVID-19 Shutdowns
Take a moment to remember the sports world as it was in March and April of 2020. With almost all leagues shutting down due to the COVID-19 pandemic, bettors had few options to wager on. In that vacuum, many gamblers turned to obscure table tennis competitions to scratch that betting […]
New Jersey Legislators Pass Fixed-Odds Wagering in Time for Haskell
New Jersey took another step toward fixed-odds horse racing wagering on Monday when the bill legalizing that brand of wagering unanimously passed both legislative houses. After clearing the state senate 40-0 and the state assembly, 74-0-1, it now heads to Gov. Phil Murphy’s desk for his expected signature. The Thoroughbred […]
Wayne Gretsky, Steve Nash Join Vegas NLL Lacrosse Ownership Group
Wayne Gretzky, Steve Nash, and Dustin Johnson have joined the group owning the Las Vegas National Lacrosse League (NLL) team. Tony Tsai, owner of basketball’s Brooklyn Nets and New York Liberty, became the primary owner of the newest NLL team in May. Lacrosse is one of Canada’s most popular sports, […]
NASCAR Cryptocurrency Sponsorships: Crashes and Cashes
NASCAR driver Stephan Parsons didn’t have much luck with his cryptocurrency-sponsored car. The “DogeCar” crashed on lap 71 during Saturday’s Xfinity race, but that won’t be the last of the DogeCar or NASCAR’s relationship with cryptocurrency. Cars have been sponsored by everything from adult diapers to rock bands. So, NASCAR’s […]
Jordan Rookie Card Sale Sets New 2021 Low – But There’s a Catch
A 1986 Fleer Michael Jordan PSA 10 rookie card – perhaps the most iconic basketball card ever produced – set a record low sale for this year on eBay by auctioning for just $180,100 this week. While this could partially be an indicator of a softening card market after it […]
Ohio Sports Betting Moves Step Closer to Reality
After a long battle in the state Senate, a bill that would legalize sports betting in Ohio passed that state body of government this week. Senate Bill 176 passed by a nearly unanimous vote of 30-2, but only after numerous committee meetings and amendments molded it into legislation that was […]
California Could Merge Fantasy Sports and Pari-Mutuel Wagering
Fantasy sports meets pari-mutuel wagering and spawns visions of an endless revenue stream for California. That’s the dream, and an actual possibility, by this coming August if a proposal by the California Association of Racing Fairs (CARF) gains traction with the California Horse Racing Board. CARF officials presented the proposal […]
Judge Grants Baffert’s Request for More Testing of Medina Spirit’s Urine
Kentucky Judge Thomas Wingate granted permission on Wednesday for a urine sample of Kentucky Derby champion Medina Spirit to undergo extra testing at a New York lab. Blood-Horse first reported that Wingate, a Circuit Court Judge from Franklin, Kentucky, specified the details for the sample’s transfer from the Kentucky Horse […]
Baffert Continues Legal Offensive, Sues NYRA Over Suspension
Remaining on the legal offensive, even as he keeps a low profile, Hall of Fame trainer Bob Baffert filed a lawsuit against the New York Racing Association Monday. The suit claims Baffert’s right to due process was violated when the organization suspended him. The Thoroughbred Daily News first reported that […]
Louisiana, New Hampshire Latest States Welcoming HHR Machines
Two more states joined the Historical Horse Racing machine parade this week, when Louisiana and New Hampshire passed legislation approving HHR machines. On Tuesday, the Louisiana Senate passed SB 209 by a 32-3 vote. That gives off-track betting facilities license to install up to 50 HHR machines per OTB facility. […]
Baffert, Zedan File Suit Seeking Extra Testing for Medina Spirit
Bob Baffert and Amr Zedan, the trainer and owner of Kentucky Derby champion Medina Spirit, went on the legal offensive Tuesday, filing a lawsuit against the Kentucky Horse Racing Commission. The suit, filed in Franklin Circuit Court in Kentucky, claims the KHRC’s ban on betamethasone applies only to injections and […]
Time Running Out on North Carolina Sports Betting Bills
With the end of the North Carolina Legislature’s 2021 regular session fast approaching, sponsors of bills that would authorize and regulate sports betting hope to see discussion of their legislation this month. The session is scheduled to end just before Independence Day. Lawmakers will return for a special session in […]
Oaklawn Park Proposes Meet Extension Into December
Oaklawn Park announced a proposal for a historic extension of its racing season Monday, adding December race dates to its calendar to create a 66-day season at the Arkansas track. Under the proposal, Oaklawn would open its meet Friday, Dec. 3, 2021 and run through Sunday, May 8, 2022. By […]