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Why Youth Sports Matter to Investors
Bloomberg Originals· 2025-06-18 20:00
Talk to us about the opportunity in youth sports. What's the through line for youth sports from an investment perspective. So from an investment perspective, it's massively fragmented, right.So the demand is there. I think the you people again calculate it differently. I calculate the youth sports business at about $40 billion growing, you know, high single digits a year.Our own business is growing much faster than that. But um it's if you think about it, most people who run a youth sports business is a rel ...
CEO Michael Rubin on betting within the Fanatics ecosystem
CNBC Television· 2025-06-18 19:15
The bed and game business I think has been the biggest surprise for people when we started um 3 years ago, two years ago. I mean we launched in September of 20 um three people like laughed at us. They said a duopoly, right.Yeah. They said it's a duopoly. You have no chance.We now have 7 and a half 8% of the sports market and we've been live for 20 months. We've got about 4% of the eye gaming market. So we're super excited.We've spent less than $150 million in marketing. But what we did was we launched with ...
Red Sox shake-up: Was Devers trade a smart business move?
Yahoo Finance· 2025-06-18 19:13
From high-profile trades to high-stakes media rights, the dollars behind the games are moving fast. This week on Yahoo Finance Sports Report, host Joe Pompliano takes a look at some of this week’s biggest headlines in the sports business world that you and your portfolio need to know. From the Red Sox Rafael Devers trade, to Netflix’s Canelo Alvarez versus Terence Crawford superfight, to the WNBA’s broadcast rights extension with Scripps, the financial plays shaping the sports business are ones to watch. Fa ...
Authentic Holdings Inc. Partnership with Swerve TV Debuts with Highly Successful 'Ring of Combat' Live Broadcast
Globenewswire· 2025-06-18 17:41
MORRISTOWN, N.J., June 18, 2025 (GLOBE NEWSWIRE) -- via IBN – Authentic Holdings, Inc. (OTC PINK: AHRO) today announced a landmark licensing agreement between one of its wholly-owned subsidiaries, Maybacks Global Entertainment, LLC, https://www.maybackstv.com/ and Swerve TV https://swerve.tv/ which has been validated by a highly successful inaugural live broadcast. The partnership's first event, a live stream of the legendary "Ring of Combat" promotion from the Tropicana in Atlantic City this past Friday J ...
DraftKings CEO: Illinois' new tax on sports bets will drive players to illegal betting sites
CNBC Television· 2025-06-18 15:45
Illinois recently announcing it will raise taxes on sports wagers and sports betting platform DraftKings introducing a 50cent transaction fee per bet in Illinois as in response. Now other states could be on the radar too. DraftKings CEO Jason Robbins joins us now.He is speaking at a Jeffre consumer conference. Jason, it's good to see you. Welcome.Thanks for having me. So, so when did this this 50 cent increase on bets go into into place and have you seen any any evidence about how consumers are absorbing it ...
Powersports Leader BRP Opens First Flagship Store in Paris
Prnewswire· 2025-06-18 14:12
Core Insights - The opening of BRP's flagship store in Paris marks a significant milestone for the company in Europe, enhancing its market presence and commitment to long-term investment in the region [1] - The store will focus on BRP's new electric motorcycles, the Can-Am Pulse and Can-Am Origin, which are designed to cater to urban commuters and off-road enthusiasts [2][6] - BRP's proprietary electric technology, Rotax E-Power, provides instant torque and features an innovative liquid-cooled system that optimizes battery performance and charging efficiency [3] Company Overview - BRP Inc. is a global leader in powersports products, with a diverse portfolio including Ski-Doo, Sea-Doo, and Can-Am vehicles, and reported annual sales of CA$7.8 billion [11] - The company has a network of over 450 dealers and distributors across the EMEA region, indicating a strong market presence [1] Product Features - The Can-Am Pulse is designed for urban commuting, featuring a 10.25-inch touchscreen display and an Active ReGen system for enhanced control [5] - The Can-Am Origin is built for versatility, equipped with off-road capabilities and advanced suspension systems, making it suitable for various terrains [6] - Both models offer a range of 28 accessories for customization, enhancing practicality for city commuting [4] Electric Motorcycle Specifications - The electric motorcycles are available in two power options: 11kW and 35kW, with the 11kW option accessible to drivers with a car license after a brief training course [2] - Charging from 20% to 80% can be achieved in 50 minutes using Level 2 charging, showcasing the efficiency of BRP's electric technology [3]
U by Kotex® Teams Up with #1 Pickleball Player Anna Leigh Waters to Help Smash Period Stigma in Sports
Prnewswire· 2025-06-18 13:08
About Kimberly-Clark Kimberly-Clark (NASDAQ: KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that help individuals experience more of what's important to them. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll, hold No. 1 or No. ...
STAGWELL'S (STGW) CONSULUM AND PARTNERS LAUNCH MAYDAN SPORTS: A GLOBAL SPORTS ENGAGEMENT COLLECTIVE DEDICATED TO THE MENA REGION
Prnewswire· 2025-06-18 09:23
Maydan Sports combines world-class sports marketing, immersive technology, and regional expertise to elevate the MENA region's global sports presence A joint initiative between Consulum and Stagwell network companies including Allison Worldwide, ARound, Assembly, Code and Theory and Gold Rabbit Sports The collective will support federations, clubs, public bodies, and brands to maximize the impact of sports across the region DUBAI, United Arab Emirates and CANNES, France, June 18, 2025 /PRNewswire/ -- Consul ...
Mixed Martial Arts Group Limited Announces Pricing of $5.0 Million Underwritten Offering
Globenewswire· 2025-06-17 20:12
Core Viewpoint - Mixed Martial Arts Group Limited (MMA) has announced a public offering of 6,578,948 ordinary shares at a price of $0.76 per share, aiming to raise approximately $5.0 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The offering is expected to close on June 18, 2025, pending customary closing conditions [1]. - The net proceeds from the offering will be allocated for product development, marketing, advertising, scaling sales efforts, and general working capital [2]. - WestPark Capital, Inc. is acting as the Sole Book-Runner for the offering [2]. Group 2: Company Overview - MMA operates four core business units and has over 5 million social media followers, 530,000 user profiles, 50,000 active students, 18,000 published gyms, and 800 verified gyms across 16 countries [5]. - The company is focused on transforming the combat sports industry by enhancing participation and engagement among fans, athletes, coaches, and gym owners [5]. Group 3: Registration and Compliance - The offering is conducted under a registration statement on Form F-1, which was declared effective by the SEC on June 12, 2025 [3]. - A final prospectus related to the offering will be filed with the SEC and will be available for public access [3].
IGT PlaySports Continues Partnership with Boyd Gaming in Nevada via New Three-Year Technology Agreement
Prnewswire· 2025-06-16 10:45
LONDON, June 16, 2025 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced today that it recently signed a new, three-year sports betting technology agreement with Boyd Gaming Corporation. Under the terms of the agreement, IGT's award-winning PlaySports platform will continue powering Boyd Gaming's retail and mobile sports betting offering in Nevada through August 2028. The new agreement builds on IGT and Boyd Gaming's long-standing sports betting technology partnership that started in 20 ...