A little-known provision reduces the share of tax-deductible wagering losses from 100% to 90%. For sports bettors, who earn slim margins on large volumes, this change is catastrophic https://t.co/0yoYWWBcFj ...

MLB’s top 10 earners will haul in $576 million combined this season: https://t.co/D8eACSyq5g https://t.co/D8eACSyq5g ...

Soccer me star Cristiano Ronaldo sign a jaw-dropping 2-year $675 million contract extension with Alnasar to stay in the Saudi pro league. Ronaldo will see his player salary increased by 9% to $245 million per year. According to the Sun, Ronaldo's extension also contains a ridiculous amount of bonuses, including a 15% ownership stake in Alnasar worth $45 million, a $33 million signing bonus that goes up to $52 million if he accepts the secondyear player option in the deal, $82 million in promised sponsorship ...

You know, a lot of these ownership groups now are starting to sell minority stakes in their teams. In the back of your mind, are you thinking when the day comes where you retire, maybe you'd like to be a part owner of the Chiefs. Uh, yeah.I mean, hopefully that's a long time from now, um, when I retire, but, uh, I mean, that would obviously be cool. I mean, uh, Kansas City and the Chiefs have done so much for me. Um, so to be a part of them in any way, um, would be really cool.And so, uh, I know they do the ...

Investment Strategy & Focus - The firm focuses on sectors where it has a "right to play," such as health innovation and emergency services innovation [5][9] - The firm emphasizes fundamentals over fleeting trends like crypto or AI [17] - The firm aims to bridge the gap between African businesses and international markets by leveraging local expertise and networks [14] Portfolio & Exits - The firm has three funds under management and has exited six companies with returns exceeding 30% IRR [11] - Portfolio companies entering international markets have performed well, exemplified by the sale of a Cape Town-based emergency response business to Motorola, Inc [2][3] - A portfolio company, hearX, merged with Eargo, creating one of the largest OTC hearing aid providers in the US [7][8] Competitive Advantage - The competitive cost base in South Africa and other parts of Africa is an overlooked investment opportunity [18][20] - Relocating the cost base and engineering to South Africa can achieve approximately 30% cost savings [20] - Creating Dollar revenues and Rand cost base [11] Market Trends & Opportunities - The African venture capital market is still in its early stages, with early-stage investments now maturing [9][10] - The number of dollar unicorns born out of Africa is increasing year on year [12] - International investors are increasingly partnering with the firm and its companies [15]

Ilott, Foster, and Murray return for high-octane IndyCar and Indy NXT action as the only doubleheader weekend of the season kicks off A Media Snippet accompanying this announcement is available by clicking on this link. NEWTON, Iowa, July 11, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”), a leading technology company transforming the global intersection of sports, entertainment and gaming today announced that the Lottery.com and Sports.com-sponsored dr ...

Well, you know, in any business, scale is important. So, I came into the league, we were 12 teams who weren't in the Bay Area, and now look at the Golden State Valkyries, who just tipped off this season. They're killing it.Uh, and then we felt that 18 was the right number for now through the end of the decade. So, we just added Cleveland, Detroit, and Philly just a week ago announced, and they'll come in in 28, 29, and 2030. And, um, so I think 18 will be the right number, but you're trying to balance um th ...

in any ways gonna bow out here though. No. No.What I love he's a pretty strong little guy. One of my one of my I talk about what could really go wrong in the market for my speech today for the club is having the president named the second chair while he's shadowed chairman. I you know what I don't like I mean look I think that we're all you know we're TV people but we're also people.Uh, at what point uh does someone have no shame. I I I think those charges, you'll look back and you'll say, "Boy, I wish I ha ...

Product Launch and Market Impact - Odyssey has maintained its position as the 1 putter for over 25 years across all major worldwide tours, with the updated Hockey Stick model featuring enhanced design and technologies [1] - Callaway's Chrome Tour Golf Ball family has achieved significant success, including 4 major wins, supported by an investment exceeding $100 million in its manufacturing plant [2] - The new Happy Gilmore 2-inspired products, including Limited Edition Odyssey Hockey Stick Putters priced at $499.99 and Chrome Tour Balls at $59.99 per dozen, will be available at Callaway retailers starting July 11th and July 25th respectively [3] Company Overview - Callaway Golf, a brand under Topgolf Callaway Brands Corp. (NYSE: MODG), is recognized as a leading manufacturer of premium golf equipment and accessories, emphasizing innovation to enhance golfer performance [4]

Trade & Tariffs - US imposes 35% tariffs on imports from Canada, effective August 1st [1] - Tariffs attributed to fentanyl concerns [1] Geopolitics & Diplomacy - US and China's foreign ministers meet in Malaysia to discuss trade tensions [2] - A summit between Presidents Trump and she is likely [2] Technology - Google reportedly reaches a deal to provide cloud computing services for the US government at a heavily discounted price [2] - Apple plans new product releases for the first half of 2026, including a new low-end iPhone, multiple iPads, and upgraded Mac computers [3] Mergers & Acquisitions - Flutter Entertainment acquires Boyd Gaming's 5% stake in FanDuel for $1.76 billion [3] - The deal values FanDuel at $31 billion [3] Market Share - FanDuel holds 43% of the sports betting market [3]