Gambling Industry

Last March, the Haas F1 Team unveiled its new title sponsor. One year later, the team is cutting ties with the Russian fertilizer company (Image: Hass F1 Team)

F1 Dumps Russian Grand Prix, Haas Cuts Russian Sponsor and Driver

Formula One (F1) cancelled the 2022 Russian Grand Prix on Feb. 25. Days later, F1 terminated its contract with the Russian Grand Prix promoter. Meanwhile, the Haas F1 Team ended its contract with Russian driver Nikita Mazepin and the team’s title sponsor, Uralkali. F1 is a truly international sport, which […]

With this Grade 2 Bourbon Stakes win on the resume, Tiz the Bomb is the class of Saturday's John Battaglia Memorial Stakes at Turfway Park. (Image: Keeneland/Coady Photography)

Back Off Dirt, Tiz the Bomb is Poised to Go Off in the Battaglia Memorial

The John Battaglia Memorial isn’t one of your A-list Kentucky Derby preps. It’s probably not a B-lister either. But the status trip down the alphabet got a boost with the presence of Grade 2 Bourbon Stakes winner Tiz the Bomb. Tiz the Bomb headlines an oversubscribed 14-colt-and-gelding field in Saturday’s […]

Bob Baffert lost his appeal to stay his 90-day suspension imposed by the Kentucky Horse Racing Commission. (Image: Jockey Club of Saudi Arabia)

Kentucky Horse Racing Commission Rejects Baffert’s Appeal for Stay

The Kentucky Horse Racing Commission voted to deny trainer Bob Baffert a stay of his 90-day suspension Friday, upholding a decision made by KHRC Executive Director Marc Guilfoil. This is the latest saga in the late Medina Spirit’s post-Kentucky Derby positive test for the anti-inflammatory betamethasone, banned on race days […]

Xavier McDaniel from the Seattle SuperSonics during a home game at the Seattle Center Coliseum in 1987. (Image: Rick Stewart/Getty)

NBA to Add Expansion Teams in Seattle and Las Vegas?

During a segment of the Bill Simmons Podcast, Simmons suggested that the NBA will add expansion teams to Seattle and Las Vegas, which would expand the NBA from 30 to 32 teams and mark the return of the Seattle SuperSonics. If the NBA adds two teams to the Western Conference, […]

The late Medina Spirit and Bob Baffert the day after the 2021 Kentucky Derby. Baffert sued Churchill Downs this week seeking to have his ban overturned. (Image: Nellie Carlson)

Baffert Sues Churchill Downs Inc. Over Track, Derby Ban

Hall of Fame trainer Bob Baffert filed a lawsuit against Churchill Downs Incorporated (CDI) Tuesday, seeking a reversal of his two year-suspension in the wake of Medina Spirit’s positive drug test for the banned-on-race-day anti-inflammatory betamethasone. The suit, which was filed in US District Court for Kentucky’s Western District, also […]

Colonial Downs joins a crowded Churchill Downs Inc. racetrack roster after the gaming giant bought Colonial Downs' parent company for nearly $2.5 billion. (Image: Coady Photography)

Churchill Downs Buys Colonial Downs, Gets Casinos in the Bargain

Churchill Downs Incorporated (CDI) announced Tuesday it plans to buy the parent company of Colonial Downs, Peninsula Pacific Entertainment (P2E), for $2.485 billion. CDI will fund the deal through a combination of new debt and cash on hand. It is expected to close by the end of 2022. Some of […]

Tuesday morning, Churchill Downs' workers literally take down the sign marking Medina Spirit's 2021 Kentucky Derby victory. (Image: Coady Photography)

Mandaloun Illustrates New Sign of the Times at Churchill Downs:

Churchill Downs officials wasted little time putting cosmetic touches on what they hope is a concrete decision. On Tuesday, the track’s staff replaced Medina Spirit’s nameplate with the now-official 2021 Kentucky Derby champion: Mandaloun. The 3-year-old Kentucky Derby king is dead — literally in the late Medina Spirit’s case, and […]

Medina Spirit's half-length victory over Mandaloun in last year's Kentucky Derby was overturned Monday. Mandaloun was declared the official winner after Medina Spirit was disqualified for a drug violation. (Image: Coady Photography)

Stewards Strip Medina Spirit of 2021 Kentucky Derby Title

After nine months, numerous fits and starts and several legal challenges, Kentucky Horse Racing Commission stewards disqualified Medina Spirit as winner of the 2021 Kentucky Derby. The Monday decision came as a result of Medina Spirit failing a drug test for the banned-on-race day, anti-inflammatory betamethasone. Along with the ruling, […]

Crown Resorts   (Image: William West/Getty)

Casino Roundup: Crown Buyout, Wynn Leaseback and Sands Junk Rating

Crown Resorts accepted a $6.4 billion buyout bid from Blackstone, a private equity firm. Just days after the news, the Australian casino company reported a $141 billion loss for the last six months of 2021. In other casino news, a credit agency cut Las Vegas Sands’ debt rating, while Wynn […]

DAZN is one of the main players on the international broadcasting rights' markets. (Image: sportspromedia.com)

Billionaire Blavatnik’s Firm Injects $4.3 Billion into Sports Media Group DAZN

DAZN Group announced a $4.3 billion capital injection by billionaire investor Len Blavatnik’s firm. The British sports media company aims to expand into recreational betting, gaming and non-fungible tokens. The investment comes after Spain’s LaLiga sold its domestic broadcasting rights to Movistar and DAZN for $5.62 billion over five years. […]

Ashford Stud, the home of Triple Crown-winning stallions American Pharoah and Justify, was one of three breeding farms challenging The Jockey Club's breeding limits. The Jockey Club rescinded the rule. (Image: Ashford Stud)

The Jockey Club Blinks on Controversial Breeding Rule, Rescinds Limit

Running into a stiffening headwind of opposition, The Jockey Club rescinded its controversial rule limiting the number of mares bred per stallion Thursday. The rule limiting stallions born in 2020 or later to a maximum of 140 mares in a calendar year was adopted in May 2020. The Jockey Club […]

This ultra rare Wander Franco card was pulled out of a box of 2022 Topps at an Alabama card store on Wednesday. (Image: Rob Slater)

Collectors Chase 2022 Topps in Search of Wander Franco Rookie Cards

Despite the continued lockout that has delayed the start of spring training and could very well stretch into the regular season, baseball card collectors still eagerly ripped open the new 2022 Topps Series 1 products on Wednesday. Release date brought with it WanderMania, as collectors tried to pull rookie cards […]

text (Image: Matt Rourke/AP)

Super Bowl Ratings Rebound Amid Record Sports Betting

Super Bowl 56’s ratings rebounded, up 16.5% over last year. Nielson reported 112.3 million watched the big game on NBC’s television and streaming platforms. Meanwhile, both Nevada and New Jersey reported record sports betting totals for the event. The Los Angeles Rams pulled out a 23-20 victory over the Cincinnati […]

White Abarrio went from closing at 171/1 in the second Kentucky Derby Future Wager to opening at 8/1 in the third pool. That came as a result of this 4 1/2-length victory in last weekend's Holy Bull Stakes at Gulfstream Park. (Image: Coglianese Photo)

White Abarrio Goes from Long Shot to KDFW Individual Co-Favorite

The third of five pools for the Kentucky Derby Future Wager (KDFW) opens Friday at noon ET with the familiar “All Other 3-Year-Olds” – a.k.a. “the field” – as the 5/2 morning-line favorite. But it opened with a new co-individual favorite sharing that status with a familiar favorite. That newcomer […]

American skip John Shuster will attempt to lead the United States to back-to-back gold medals in Olympic men’s curling. (Image: John Sibley/Reuters)

Canada, Great Britain Lead Stacked Winter Olympics Men’s Curling Field

Four years ago in PyeongChang, John Shuster stunned the world by leading Team USA to its first ever gold medal in men’s curling. Now, Shuster’s team faces a tougher task in Beijing: attempting to defend its Olympic title against an event stronger field. Ten teams will begin playing in the […]