Gambling

The clock is ticking for  the Wilpons, who need to sell the Mets by year end.

Rumors Have Steve Cohen Back as First Round Mets Bidder

Billionaire hedge fund manager Steve Cohen is apparently taking another stab at buying the New York Mets. According to rumors, Cohen is a last minute participant in the first round of bidding for the MLB team. If the rumors are true, this would be Cohen’s second attempt to pry the […]

Tom VanMeter is one of the most prominent owner/breeders in Thoroughbred racing. He apologized Tuesday for racist comments he made on social media last week. (Image: Keeneland)

Amid Industry Heat, Noted Horseman VanMeter Apologizes for Racial Slurs

In the face of fallout from across the racing world, Tom VanMeter, a prominent Kentucky horse owner and breeder, apologized Tuesday for racist remarks he made last week on social media. A well-known figure in the Kentucky horse industry, VanMeter owns Stockplace Farm, the birthplace of 2015 Triple Crown champion […]

Seen here with 2018 Triple Crown winner Justify, trainer Bob Baffert plans fighting the positive drug tests of Charlatan and Gamine. (Image: Julio Cortez/Associated Press)

Second Samples Come Back Positive for Two of Baffert’s Star Horses

More than a month after two of Hall of Fame trainer Bob Baffert’s star horses failed post-race drug tests at Oaklawn Park, the split samples of both tests both came back positive. The “B” sample tests confirmed the initial findings that showed undefeated Charlatan and Gamine both tested positive for […]

(Image: Brad Penner/USA Today)

June’s Racing Economic Indicators Bring Some Welcome Good News

Equibase’s monthly report on Economic Indicators in Thoroughbred Racing for June revealed the first uptick in racing handle since February, before the COVID-19 pandemic wreaked havoc on the industry. June’s uptick is slight, 0.76% over June 2019. This result is due to tracks opening or re-opening throughout June. That said, […]

In June, David Price paid $1,000 to more than 200 minor league players in the Dodgers' farm system. (Image:Russ D. Franklin/AP)

Dodgers Lose David Price for 2020 Season, Red Sox Save $6 Million

Citing family health concerns, MLB pitcher David Price has opted out of the 2020 season. It’s a tough break for the Dodgers, who traded for Price in February. Meanwhile, the Red Sox could get a little CBT buffer due to the pitcher’s hiatus. One of the biggest trades leading into […]

Denny Hamlin won last week at Pocono, and is a favorite to win Sunday’s Brickyard 400 at Indianapolis Motor Speedway. (Image: AP)

Harvick, Hamlin Could Make Brickyard 400 Two-Man Race

Whether you call it by its new name, the Big Machine Hand Sanitizer, or the preferred Brickyard 400, this is still one of NASCAR’s biggest races of season. Drivers constantly talk about their enthusiasm about coming to iconic Indianapolis Motor Speedway to compete. Though the date is different, and there […]

Some Las Vegas bettors took advantage of incorrect starting times on some Asian baseball games Sunday, including an NC Dinos game in the KBO League. (Image: Chung Sung-Jun/Getty)

Las Vegas Bettors Exploit BetMGM Error, Score Big on Asian Baseball

On Sunday, a bettor at the Bellagio in Las Vegas cashed a 10-leg parlay on Korean and Chinese baseball games, winning $137.107.38 off a $250 bet. By Tuesday, it was apparent that the big winner was just the biggest beneficiary of a flaw in how BetMGM had listed Asian baseball […]

Under Armour is trying to weasel out of its 10-year $86 million Cal deal (Image; Cal Sports)

Under Armour Wants to Back Out of UCLA and Cal Contracts

Under Armour is trying to ditch its long-term contracts with two of California’s best-known college sports programs. This appears to be yet another desperate attempt by the fading apparel company to stem its mounting losses. Under Armour was struggling even before the global pandemic. Since then, things have only gotten […]

David Beckham takes his sports investments online. (Image: Getty)

David Beckham Expands His Footing in Esports with Guild Investment

David Beckham, the former Manchester United star, recently acquired a sizable stake in Guild Esports. The mission of the new company is to develop esport talent, primarily through a player academy system and competition. Initially, Guild will focus on Rocket League, FiFA, and Fortnite. This is hardly Beckham’s first sports-related […]

California sports betting is on the shelf until at least 2022, denying locals the change to bet on teams like the Lakers and Clippers. (Image: Kirby Lee/USA Today Sports)

Sports Betting Legislative Roundup: California Push Comes Up Short Again

California lawmakers failed to broker a compromise on sports betting in the state, admitting this week that there’s no chance of getting the issue on the ballot in November. Both houses of the state legislature needed to pass a constitutional amendment by a two-thirds majority by Thursday in order to […]

Tim Tebow played for the Binghampton, NY Rumble Ponies in 2018, one of the teams slated for elimination.

15 MiLB Teams Sue Insurance Companies to Collect Virus Claims

Fifteen minor league baseball teams filed a federal lawsuit against their insurance companies. The lawsuit, filed on Tuesday, alleges the insurers breached their contracts when they failed to pay claims related to MiLB’s business interruption. It’s been a difficult year for all sports leagues, but probably none more difficult than […]

Vice Dice: Handicapping the Shifting 2020 Democratic Veepstakes

Vice Dice: Handicapping the Shifting 2020 Democratic Veepstakes

With Joe Biden virtually assured to be the 2020 Democratic nominee for President, a frenzy of speculation surrounds who he’ll select for a running mate. Will Biden pick one of the well-known betting favorites, or instead, go with a less visible long shot? The former Vice President says he’ll announce […]

The NFL has announced DraftKings as its first official daily fantasy partner. (Image:  David L. Ryan/Boston Globe/Getty)

Should You Gamble on DraftKings Stock? Experts Weigh In

DraftKings quickly became a stock market darling after its initial public offering in April, with shares more than doubling in less than two months. But after the fervor dies off, will the company – known for DFS, sports betting, and it’s growing online casino division – continue to be a […]

This is what a 150/1 shocker looks like at the finish line. Nando Parrado pulled off the biggest upset in Royal Ascot history when he won the Coventry Stakes at 150/1. (Image: The Sporting Life)

Crash Survivor Namesake Nando Parrado Pulls 150/1 Royal Upset at Ascot

The horse was named for a survivor of the infamous 1972 plane crash in the Andes, which made Nando Parrado such an international celebrity that Ethan Hawke played him in the movie. And the horse Nando Parrado became an instant celebrity Saturday, becoming the biggest longshot to win a race […]

Dave Portnoy is now day trading with his Bartsools' sale windfall. (Image: Cliff Hawkins/Getty)

Sports Bettors Bombard Stock Market, Drive Wall Street Insane

With many sports still in hiatus, sports bettors moved into the next best game in town — the stock market. Galvanized by Barstool Sports’ founder Dave Portnoy, throngs of aggressive novices are driving Wall Street’s institutional investors insane. Between Feb. 19 to March 23, the stock market tanked roughly 34%. […]

At a middling +700, Kris Prather captured the inaugural PBA Strike Derby. He beat Anthony Simonsen, 7-6, in the final. (Image: Brett Rojo/USA TODAY)

PBA Betting Comes Out Rolling Strikes with Inaugural Wagering Event

When Kris Prather dispatched Anthony Simonsen, 7-6, to win the inaugural Professional Bowlers Association’s Strike Derby earlier this month, he did more than put $25,000 in his pocket. He also put money in the pockets of savvy bettors who backed him at +700 to win the Strike Derby. The June […]

Allen Iverson receives interview during rehearsal for 2018 Double 11 Global Shopping Festival on November 10, 2018 in Shanghai, China. (Image: Getty)

Allen Iverson’s Reebok Retirement Plan Includes a $32M Bonus in 2030

Allen Iverson officially retired from the NBA in 2013 but thanks to Reebok, he’s still receiving $800,000 a year. Better yet, the 11-time All-Star can collect another $32 million bonus from the athletic shoe company in 10 years. Iverson celebrated his 45th birthday this week. That’s the earliest age at […]

Being Heard: Natasha Cloud’s Groundbreaking Converse Deal

Being Heard: Natasha Cloud’s Groundbreaking Converse Deal

Converse has signed Natasha Cloud, the first woman basketball player to endorse its shoes. In doing so, the WNBA Mystics guard follows in the footsteps of some of basketball’s legends — from Chuck Taylor to Julius Erving. But even before the groundbreaking announcement, Cloud made headlines with an important message, […]