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Sports is embracing technology, but you can't 'replace the feeling of going to a game': Ted Leonsis
Yahoo Finance· 2025-11-13 17:00
The business of sports has never been better. Women's teams are exploding in popularity and sports betting is changing the industry forever. That alongside sports teams fetching ever higher valuations for private investors.I want to know what the next big thing is that can shake up sports. And for that, I will be speaking to Ted Leonis, a tech media industry veteran who has built a sports empire in Washington DC. His monumental sports and entertainment includes the NHL's Washington Capitals, NBA's Washingto ...
Pitching Scandal: 2 Cleveland Guardians players charged in sports betting scheme
MSNBC· 2025-11-10 21:28
All right, another betting scandal rocking the world of professional sports. This time it's involving two MLB baseball players, Major League Baseball. Yesterday, federal prosecutors announced charges against Cleveland Guardians pitchers, Emanuel Class and Luis Ortiz or Ortiz.They allegedly took money to rig pitches for betterers generating hundreds of thousands of dollars in winnings. The indictment says, quote, "They illegally enriched themselves and co-conspirators, misled the public, and betrayed America ...
Two MLB pitchers charged in betting scheme: Here's what to know
CNBC Television· 2025-11-10 12:56
Another uh sports betting scandal has erupted this time in Major League Baseball. Contessa Brewer joins us now with more. Good morning. >> Good morning.Yeah, federal prosecutors have indicted two Cleveland Guardians pitchers, Emmanuel Claus and Luis Ortiz, are accused of rigging their pitches to allow betterers to profit in a scheme worth nearly half a million dollars. Classes star is a star closer and Ortiza is a starting pitcher. both from the Dominican Republic and both facing a slew of federal charges, ...
Cleveland Guardians pitchers indicted for alleged scheme to rig bets on pitches thrown
CNBC Television· 2025-11-10 12:23
Federal prosecu uh prosecutors announcing now the indictment of two Major League Baseball pitchers from the Cleveland Guardians on charges uh relating to a sports betting and uh moneyaundering conspiracy. Emanuel uh Case I I'm famili I'm not sure it's CL or class A and uh Luis Ortiz allegedly took bribes as part of a scheme to rig bets on pitches thrown during games. Can you imagine betting on a on an individual pitch.The indictment says that the players agreed with their co-conspirators in advance on speci ...
X @Bloomberg
Bloomberg· 2025-11-09 20:24
Legal & Ethical Concerns - Two Cleveland Guardians pitchers have been indicted on federal charges [1] - The charges accuse them of engaging in a scheme to rig sports bets [1] - The scheme was allegedly based on pitches they threw during Major League Baseball games [1]
DraftKings CEO Jason Robins goes one-on-one with Jim Cramer
CNBC Television· 2025-11-07 00:36
Market to get a little muddier when they reported tonight. Now, DraftKings delivered a pretty sizable revenue miss larger than expected loss for the third quarter. But at the same time, management also slashed full year forecasts for both revenue and earnings before interest, taxes, depreciation and amortization.It looked rough, but I got to get to the bottom of this because I've been recommending the stock because I think that this is the best company in gambling. So let's dig deeper with Jason Robbins. He ...
Fanatics' Matt King on NBA's gambling scandal: This is the legal market working
CNBC Television· 2025-11-03 13:44
Congress is now awaiting answers uh from the NBA on that gambling scandal that shook the sports, its fans and the sports books. And joining us now now with more, Matt King, Fanatics, betting and gaming CEO. And it was immediately apparent to everyone, Matt, that this could be a really big uh problem for for the NBA, for gambling, and everything else.I don't I don't see it really exploding into that. Can can you tell from demand or or where are you right now with this. Certainly for consumer demand, the NBA ...
X @The Economist
The Economist· 2025-10-31 23:40
In 2018 the Supreme Court authorised the legalisation of sports betting. Now, the biggest sports-gambling scandal in years has made naysayers’ warnings look prescient https://t.co/TefaZRlcv1 ...
X @Investopedia
Investopedia· 2025-10-29 03:00
Trading platforms, sports bettings apps and now President Trump's social media operator is all-in on events contracts that arouns sports, politics, company earnings, and more. https://t.co/d4wkbCV27v ...
House Commerce Committee request briefing from Adam Silver in NBA gambling scandal
CNBC Television· 2025-10-27 10:53
[Music] And now what on that gambling scandal that's rocked the NBA, Congress wants answers from NBA Commissioner Adam Silver. The House Commerce Committee has asked for a briefing from Silver by this Friday. They say that the arrest uh of both Portland coach Chanty Bilips and Miami player Terry Rosier have raised serious concerns about uh sports betting and the integrity uh of sport in the NBA.Uh the NBA had no media comment about that uh request uh from Congress. >> Coming up, five things to know ahead of ...