Business and Commerce

Oaklawn Park opens its 2021 season allowing an unspecified "limited" amount of spectators inside. (Image: Tom Ferry)

Oaklawn Park Will Allow Limited Spectators Inside for 2021 Meet

Oaklawn Park officials said Wednesday they plan on admitting limited spectators inside the gates for their 2021 meet, keeping in line with an Arkansas Department of Health directive allowing the move. The 57-day Oaklawn meet begins Jan. 22 and runs through May 1. Last year, Oaklawn was one of only […]

Churchill Downs Inc.'s TwinSpires ADW app is one of the most popular among horseplayers. The company hopes its popularity will rub off on its newly branded TwinSpires sportsbook wagering platforms. (Image: Churchill Downs Inc.)

CDI Bets You’ll Like Rebranded TwinSpires More Than BetAmerica

Seeking a single-brand strategy for its sports wagering and online platforms, Churchill Downs Inc. announced Tuesday it will discontinue using its BetAmerica brand. Instead, it moves that segment of its business to its familiar TwinSpires brand. According to a release announcing the move, the transition begins later this month, when […]

ESPN Plus to Feature Betting Commentary for NFL Wild Card ‘MegaCast’

ESPN Plus to Feature Betting Commentary for NFL Wild Card ‘MegaCast’

With tech giants like Amazon emerging as players in NFL broadcasting, ESPN is staking its reputation on streaming this weekend with its first-ever NFL “MegaCast.” The idea is to broadcast the Ravens vs. Titans wild-card game at 1:O5 p.m. ET across six Disney-owned networks with different viewer experiences on each. […]

Disney Bets on ESPN Plus Subscribers Paying More for UFC Pay-Per-View

Disney Bets on ESPN Plus Subscribers Paying More for UFC Pay-Per-View

UFC regulars will pay more to watch premiere fights starting Friday, as ESPN Plus will up its pay-per-view rates on select matches. The price increase coincides with parent company Disney’s focus on streaming services and partnerships with sports betting operations. ESPN’s streaming service is the exclusive broadcast home of the […]

While many of the country's biggest tracks fell short of their 2019 handles, Remington Park in Oklahoma watched its handle hit nine figures for the first time in the track's 32-year history. (Image: Remington Park)

Despite Topsy-Turvy Year, Horseracing’s 2020 Handle Falls Only 1.3%

Tracks closed, spectators were absent, and schedules were changed beyond recognition. Yet, amid a year unlike any other in Thoroughbred racing, the total 2020 US handle dipped only 1.3% from its 2019 totals. What was remarkable about that modest dip — from $10.871 billion in 2019 to $10.727 billion in […]

Four Online Sports Gambling Startups to Watch in 2021

Four Online Sports Gambling Startups to Watch in 2021

The online gambling world took away a lot of lessons last year. Big mergers happened in 2020 and will continue to happen this year as corporations keep pushing for monolithic hegemony. In the US, states will continue to regulate and open for business to become the next New Jersey, Pennsylvania, […]

Allen Iverson has been one of Reebok's key assets. (Image: Reebok)

Reebok For Sale: Can Master P and Baron Davis Save the Iconic Brand?

After 15 years, Adidas is throwing in the towel and putting Reebok up for sale. Hip-hop entrepreneur Perry “Master P” Miller and former NBA star Baron Davis think they can turn the iconic company around. Success won’t be a slam dunk, however, given Reebok’s hefty $2.4 billion price tag. Reebok […]

Not even his most devoted supporters saw Into Mischief enter the 2020s as North America's top stallion. The sire of Kentucky Derby winner Authentic captured that honor for the second consecutive year in a runaway. (Image: Coyle Photography/Spendthrift Farm)

Into Mischief Takes Top Stallion Honors for Second Consecutive Year

That Into Mischief became North America’s leading stallion for the second consecutive year is borne out by facts that carry weight, heft and meaning beyond the breeding shed. Yes, there’s the $225,000 stud fee he commands. That hasn’t stopped would-be filly and mare owners from beating a path to his […]

This image of Tiz the Law pulling away from his foes in the stretch played out for the sixth and final time in August's Travers Stakes. The four-time Grade 1 winner and Belmont Stakes champion suddenly retired Wednesday after suffering bone bruses in his leg. (Image: Spencer Tulis/The Saratogian)

Tiz the Law Prematurely Retired After Injury During Workout

Reigning Belmont Stakes and Travers Stakes winner Tiz the Law was retired to stud Wednesday, ending one of 2020’s most storied campaigns due to a veterinarian’s diagnosis. That diagnosis revealed bone bruises to his front leg bone. Those bruises were discovered when assistant trainer Robin Smullen noticed Tiz the Law […]

Kevin Durant celebrates during the  Seattle SuperSonics' last home game as a Seattle SuperSonics' the Dallasgame in Seattle, Sunday, April 13, 2008. The Sonics won 99-95. (Image: John Froschauer/AP)

NBA Reveals Expansion Teams Likely: Seattle and Vegas Rumored

Expansion would allow the NBA to pocket billions of dollars that it won’t have to share with players. That’s a tempting option for the cash-strapped league. It’s so tempting, in fact, that NBA Commissioner Adam Silver has changed his tune about keeping the league’s team count at 30. The NBA […]

Thunder Snow (right) captured the last two Dubai World Cups. The late March race kept its $12 million purse as undercard race purses were trimmed due to COVID-19. (Image: Erika Rasmussen/Dubai Racing Club)

Dubai World Cup Keeps $12 Million Purse, Slices Undercard Purses

The Dubai World Cup announced this weekend it will retain its US$12 million purse for 2021, while, at the same time, cutting $8.5 million from its undercard purses. This keeps the March 27 Dubai World Cup as one of the richest races in the world. The late March event was […]