Gambling Industry

Beckett Grading Services announced this week that starting on Monday it will stop taking most submissions so it can clear its backlog. (Image: Beckett)

Beckett Grading Services Pauses Most Options to Clear Backlog

Following the lead of PSA, which also saw overwhelming demand, Beckett Grading Services will stop accepting most card grading submissions on Monday as it works to clear its backlog. The company made the announcement on its website this week, in a post discussing its plans for the National Sports Collectors […]

This 1914 Baltimore News minor league card of Babe Ruth just set a new sales record of $6 million. (Image: Collectable)

Babe Ruth Card Sets New Record With $6M Sale Price

With one Babe Ruth card going up for auction later this month expected to compete for the record sale price for a sports card, another Ruth card just set the new standard at $6 million – even if the exchange could be part of a marketing gimmick. Yahoo Sports reported […]

Because he's a horseman at his core, Jim "Mattress Mack" McIngvale made sure to wager his entire $2.4 million on Kentucky Derby favorite Essential Quality at Churchill Downs. (Image: Kentucky HBPA/@KyHBPA)

‘Mattress Mack’ McIngvale Believes Where You Bet the Horses Matters

When Jim “Mattress Mack” McIngvale was looking for a site on which to drop a $2.4 million wager on Essential Quality to win the Kentucky Derby, he remembered what he was at heart. McIngvale has been called many things over the years. An entrepreneur. A furniture magnate. A media darling, […]

A variety of NFTs are for sale on the AtomicHub digital marketplace. (Image: AtomicHub)

The NFT Bubble May Have Broken, but Sports Collectibles Show Some Resilience

Anyone closely following the NFT space has noticed that the market has cooled in recent weeks following a burst of interest in non-fungible tokens earlier this spring. But a recent story by Protos examined just how far interest in these products, including some sports NFTs, has actually fallen. According to […]

Hall of Fame trainer Bob Baffert doubles as the face of his sport. His face won't be around Churchill Downs the next two years after that track suspended him for two years. (Image: AP Photo)

Churchill Downs Drops Two-Year Suspension on Bob Baffert

In the wake of Kentucky Derby champion Medina Spirit’s split sample testing positive for the prohibited anti-inflammatory betamethasone, Churchill Downs suspended trainer Bob Baffert for two years, effective immediately. The ruling prohibits the Hall of Fame trainer from entering horses for races or occupying stall space at Churchill Downs, and […]

Fans will be welcomed back to historic Saratoga Race Course this summer. All they have to do is show proof of COVID-19 vaccination to access most of the storied track. (Image: NYRA Photo)

NYRA Giving Vaccinated Fans a Shot to See Racing at Saratoga

The New York Racing Association and the State of New York want to give racing fans seeking a seat at storied Saratoga this summer a literal shot in the arm. All eager fans have to do for a shot at visiting the famed track is to get a COVID-19 shot. […]

Floyd Mayweather may be "retired" from professional boxing, but he's still making a pretty penny as a social media pitchman. (Image: Instagram/floydmayweather)

Who Are the Top 12 Highest-Earning Boxers on Instagram?

Until the introduction of social media, the only time you’d be able to follow a professional boxer’s journey would be during a TV interview, press conference, weigh-in, or fight night. Now, thanks to platforms such as Instagram, we’re able to get an insight into the lives of the most formidable […]

Trainer Leonard Powell, seen here with jockey Rafael Bejarano after the pair won the Cougar II Handicap at Del Mar in 2018, put in a record $150,000 claim for a 3-year-old filly Saturday. (Image: Benoit Photo)

Trainer Powell Puts In Santa Anita Park Record $150K Claim on Filly

Trainer Leonard Powell set a Santa Anita Park claiming record last Saturday when he put in a $150,000 claim for Nimbostratus, a 3-year-old French-bred filly. Powell’s claim destroyed the previous record of $125,000, set in 1997. Santa Anita fielded three $100,000 claims this meet — remarkable numbers, even at one […]

This 1933 Goudey Babe Ruth card graded Mint 9 by PSA could break auction records this summer (Image: Memory Lane Auctions)

Babe Ruth Baseball Card Auction Could Top Records

One of the world’s most valuable sports card collections will soon go up for auction, and a famed Babe Ruth baseball card from the lot could break sales records, experts say. Dr. Thomas Newman, a Florida neurologist, died at age 73 in January from complications caused by COVID-19. His wife, […]

The Woodbine Racetrack gates open June 18. The Canadian track was shuttered due to a provincial COVID-19-related stay-at-home order issued in April. (Image: Woodbine Entertainment)

After Provincial COVID Shutdown, Woodbine Opens its Gates June 18

The resumption of horse racing in Canada has a finish line, with Thursday’s announcement that Woodbine Racetrack will open for Thoroughbred racing on Friday, June 18. Due to the COVID-19 pandemic, the suburban Toronto track and its Standardbred sister track, Woodbine Mohawk Park, remained shut down under Government of Ontario […]

Allyson Felix competes in the 400 meters during the 2019 USATF Outdoor Championships. It was Felix' first competition donning Gap's Athleta brand after her deciding not toresign with Nike. (Image: Andy Lyons/Getty)

Sportswear Roundup: UA Fined, Gap Rising, Nike Dissed Again

Nike lost another high-profile deal as Olympic gymnast Simone Biles signed with the Gap’s Athleta brand. Earlier this year, Kobe Bryant’s estate failed to renew its longstanding deal with Nike. Meanwhile, Under Armour was fined $9 million for misleading investors. Nike can’t be happy with the defection of two gold […]

Trainer Bob Baffert and his prize Triple Crown charge, American Pharoah. In the wake of Baffert's latest failed medication test, Spendthrift, the large Kentucky breeding farm removed some horses from Baffert's barn. (Image: Susie Raisher/NYRA)

Breeding Goliath Spendthrift Farm Pulls Horses from Baffert’s Barn

The fallout from trainer Bob Baffert’s latest failed medication test took a troublesome turn for the Hall of Fame conditioner when breeding colossus Spendthrift Farm removed several horses from his barn. The Daily Racing Form reported that Spendthrift’s Following Sea was transferred to Todd Pletcher’s barn. Along with that, Spendthrift […]

Bob Baffert won't be at Pimlico for Saturday's Preakness Stakes. But Kentucky Derby champion Medina Spirit will be. (Image: FoxNews.com)

Medina Spirit Entered in Preakness; Could Ointment be the Culprit?

Under an agreement reached between embattled trainer Bob Baffert and the Maryland Jockey Club, Kentucky Derby winner Medina Spirit will start in Saturday’s 146th Preakness Stakes. The announcement came shortly after Baffert issued a statement where he said the cause for Medina Spirit’s positive test for the anti-inflammatory betamethasone could […]

Investors can buy shares of DFS operator DraftKings as of Friday after the company went public on the Nasdaq exchange. (Image: Boston Globe)

DraftKings Stock Tanks Despite Positive Earnings Report

It appears that good news doesn’t always prompt positive results. At least that’s what happened at DraftKings, which saw its stock tumble early this week despite a better-than-expected first-quarter earnings report. The company reported a loss of 36 cents per share, better than the 41 cents per share that analysts […]

Trainer Bob Baffert, jockey John Velazquez and owner Amr Zedan celebrate Medina Spirit's Kentucky Derby victory last Saturday. The celebration may end after the horse tested positive for an excessive amount of an anti-inflammatory. (Image: Churchill Downs/Coady Photography)

Baffert’s Derby Winner Medina Spirit Tests Positive for Anti-Inflammatory

Horse racing and the face of horse racing – Hall of Fame trainer Bob Baffert – took two more punches to their collective integrity Sunday when Kentucky Derby-winning horse Medina Spirit tested positive for an anti-inflammatory drug, betamethasone. Baffert confirmed the test to reporters in an impromptu press conference at […]

Former Charlotte Hornets player Muggsy Bogues joined other athletes and professional sports team executives this week in advocating for sports betting in North Carolina. (Image: HowTheyPlay.com)

Former Hornets Players Support North Carolina Sports Betting Effort

Two former members of the Charlotte Hornets have joined the fight for legalizing sports betting in North Carolina. Muggsy Bogues and Dell Curry joined team president Fred Whitfield, as well as Carolina Hurricanes president Don Waddell, in visiting with state lawmakers to tout the benefits of legal wagering in the […]