Underdog’s $1.3B Sale Agreement Reveals New Details About Company
Betting company Underdog has agreed to sell to IG Group Holdings, a publicly traded company from London, for…
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Churchill Downs Drops $85 Million to Buy Preakness Stakes IP Rights
Churchill Downs Incorporated, the Louisville, Ky.-based company that owns the Kentucky Derby, has entered…
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KKR-Backed Varsity Brands to Buy Soccer.com and Lax.com
Varsity Brands, the cheerleading-equipment company backed by KKR, is buying online lacrosse retailer Lax.com…
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Wasserman Retains Moelis & Co. for Agency Sale
Moelis & Company has been retained to sell Wasserman, the sports and entertainment agency founded by Casey…
Fox Corp. Buys Major Stake in Penske Entertainment
Fox Corp. is making a major investment in motorsports, acquiring a one-third stake in Penske Entertainment…
FanDuel Valued at $31B in Flutter Stake Purchase From Boyd
Flutter Entertainment struck an agreement with Boyd Gaming to acquire the final 5% stake in sportsbook…
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Excel Sports Hires Moelis to Raise Funds, Explore Shamrock Exit
Excel Sports Management has retained Moelis & Company to explore raising additional growth capital for the…
Harris-Blitzer Youth Sports Empire Annexes Texas Ranch
Unrivaled Sports is buying a sprawling Texas property known for its baseball tournaments as the youth sports…
Ishbia Sports Empire Targets Minnesota Twins for Portfolio
Justin Ishbia, who co-owns the NBA’s Phoenix Suns with his brother Mat, is planning to lead a bid to purchase…
Viral Dances, Makeup Tutorials and Now … Sports Tickets
Despite pandemic-era fears, live event attendance is booming again. Leagues are seeing visitor records…
Elevate Acquires Zinc Agency in Premium Hospitality Push
Elevate has acquired marketing and hospitality firm Zinc Agency in a move to expand its footprint in the…
Vegas Knights Owner Foley Doubles Down on International Soccer
Vegas Golden Knights owner Bill Foley is betting on soccer. Since acquiring the Premier League’s AFC…
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