The probability that President Trump will be impeached before the end of his first term is now 90 percent. Prediction markets, however, still don’t think a Trump resignation is in the cards, regardless of impeachment. And resignation could be an important factor for impeachment bettors. After the House of Representatives […]
The NFL indefinitely suspended Arizona Cardinals cornerback Josh Shaw for betting on multiple NFL games. At a minimum, Shaw’s suspension will last through the end of the 2020 season. Shaw is currently on injured reserve, and has not played in the 2019 season. As it stands, Shaw won’t be eligible […]
A rare pair of Nike “Moon Shoes” is up for auction. They may not be particularly stylish. But the last pair that sold broke the world auction record for sneakers. Goldin Auctions is handling the auction for this latest pair of Moon Shoes, currently owned by Nike collector Lindy Darrell. […]
When Nike offered Sabrina Ionescu’s Oregon Ducks basketball jerseys for sale, they sold out within hours. This may not have been a miscalculation on Nike’s part. Until the NCAA allows a student-athlete to profit from their name and likeness, companies need to tread lightly in the college market. It began […]
Major League Baseball (MLB) is pushing a proposal that could eliminate 42 minor league teams. The proposal would also restructure the relationship between the two professional baseball organizations, stripping some of the traditional powers away from MiLB. Every two years, the major and minor league baseball organizations negotiate and sign […]
Pete Buttigieg’s odds to win his party’s presidential nomination improved during Wednesday’s Democratic debate. While Senator Elizabeth Warren maintained her edge, Buttigieg gained in the prediction markets. Pete Buttigieg is one of the front-runners for the 2020 Democratic presidential nomination, and judging by the betting action on Predictit, his chances […]
President Trump’s impeachment odds were relatively stable after the first day of public hearings. Since both of Wednesday’s witnesses had already testified in closed sessions, there were few surprises to inspire the betting markets. But that may change as the House of Representative’s hearings progress. While Wednesday’s testimony was damaging, […]
The National Lacrosse League’s (NLL) San Diego Seals are hosting the Colorado Mammoth in Las Vegas on February 1, 2020. The indoor lacrosse teams’ billionaire owners are pulling out all the stops, holding the event at the Orleans Arena during Super Bowl weekend. Until recently, indoor lacrosse (or box lacrosse) […]
Silicon Valley investment firm Silver Lake Partners is looking to beef up its stake in the New York Knicks and New York Rangers. The private equity company already owns nearly 10 percent of the Madison Square Garden Company, but according to the New York Post, the firm wants to become […]
Penske Entertainment Corporation is buying the Indianapolis Motor Speedway and the IndyCar Series. With Monday’s surprise announcement, the iconic speedway will pass from one legendary motorsports family to another. Terms of the deal have not been made public, but privately owned parent company Penske Corp. manages assets worth more than […]
Cori “Coco” Gauff finally broke into the Women’s Tennis Association’s top 100 rankings after winning her first WTA singles title. With her win at Austria’s Linz Open, the 15-year-old becomes the youngest American woman to claim a top-100 ranking since Jennifer Cipriati in 1990. When the new WTA’s rankings came […]
MLB Commissioner Rob Manfred is threatening to move the Oakland Athletics to Las Vegas. The warning, designed to get the city of Oakland to drop its lawsuit blocking the sale of the Coliseum, shocked fans who are already mourning the loss of their NFL team to Sin City. October is […]
WWE’s Oct. 6 Hell in a Cell Main Event wasn’t just a letdown, it was illogical. But WWE’s nightmare could be a dream come true for its newest competitor, All Elite Wrestling (AEW). It would be improbable for a Hell in a Cell match to end in a “no-contest.” But […]
After weeks of playing a high-stakes game of cat and mouse, Churchill Downs announced its purchase of Turfway Park on Oct. 3. Along with the $46 million price tag, Churchill Downs plans to spend more than $100 million on a new grandstand and gambling facility. Everybody in Kentucky racing knew […]
Flutter Entertainment, formerly known as Paddy Power Betfair, has agreed to buy The Stars Group in a $6 billion deal. The acquisition, announced on Oct. 2, will effectively combine Flutter’s US bookmakers, FanDuel and Betfair, with the media power of FOX Sports. Overall, the deal will create the largest online […]
The jersey LeBron James wore for his first Sports Illustrated magazine cover is up for auction. The 2002, gold mesh basketball jersey is the same one LeBron wore as a high school senior. LeBron James wore his No. 23 high school jersey for his 2002 Sports Illustrated cover. According to […]
On Sept. 23, Caesars Entertainment announced it had finally sold the Rio All-Suites Hotel and Casino, putting an end to one of the longest running rumors in Las Vegas. A company co-owned by Micheal Fascitelli — also a co-owner of the NBA’s Milwaukee Bucks — is buying the property for […]
On Sept. 20, the NBA’s Board of Governors increased fines for free agent tampering up to $10 million. In reaction to this year’s suspicious free agency trades, NBA teams and players are now subject to audits, phone searches, and higher fines for illegally contacting or negotiating with free agents. The […]
Although Arsenal was favored to win their Sept. 15 match against Watford, the Hornets were able to pull out a 2-2 draw. Sure enough, just as betting research might’ve predicted, Watford’s recent coaching change represented an edge that even veteran Premier League punters miss. Before the match, Ladbrokes had the […]
Ansu Fati has only played three matches in La Liga. But, his historic performances were electrifying enough to convince FC Barcelona to shower the 16-year-old football phenom with a new contract, and a six-figure signing bonus. The youngest, top-squad player in Barca history scored just 111 seconds into his first […]
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