sports

NBA icon Shaquille O’Neal once discussed his early financial challenges and how they influenced his views on wealth and success. O’Neal provided a glimpse into his modest beginnings, stating that he was oblivious to his family’s financial constraints during his younger years....

InPlay Global is on an ambitious path to create a new type of regulated securities. Performance Securities will create a new equity marketplace to monetize college and professional sports teams. "We will introduce a regulated market structure, applied to something universal – sports competition,"...

A punter’s $15 sports bet ballooned into a staggering $142,000 win last week. The bettor had wagered on a three-leg parlay, predicting the first touchdown scorers in three separate NFL games. Parlay betting, a type of wager that hinges on multiple winning outcomes, has been growing in...

Amer Sports, Inc. (NYSE:AS) shares are trading lower in the premarket session on Tuesday. The company reported second-quarter adjusted earnings per share of 6 cents, beating the analyst consensus estimate of 3 cents. Quarterly sales of $1.24 billion (+23% year over year) outpaced the Street view of...

On Holding AG (NYSE:ONON) surpassed the fourth-quarter earnings and revenue expectations while delivering CHF100 million ($112.48 million) in apparel sales in 2024. During its earnings call, the performance sportswear maker highlighted its new store openings and expansion plans as well. What...

Colin Cowherd, the sports commentator known for his elaborate analogies, dropped a new one on his listeners earlier this week: the Detroit Lions are like your relative that won't stop talking about cryptocurrency. Here's how Cowherd arrived at this take. Cowherd, on his show The Herd, explained...

Editor’s note: This story has been updated with video. Nestled next to the excitement of the NFL Draft in Detroit, the Benzinga Sports Business Titans Draft event hosted a compelling panel that delved into how elite athletes parlay their sports disciplines into thriving business careers....

Streaming giant Netflix Inc (NASDAQ:NFLX) is set to report first-quarter financial results on Thursday, April 18, 2024, after market close. Here's a look at earnings estimates, what analysts are saying and key items to watch. Earnings Estimates: Analysts estimate Netflix will report first-quarter...

DraftKings Inc. (NASDAQ:DKNG) shares are trading lower Tuesday after NCAA President Charlie Baker blasted college prop betting prior to the NCAA men's championship game between UConn and Purdue. FanDuel parent company Flutter Entertainment PLC (NYSE:FLUT), however, is trading 3.24% higher at last...

In recent years, several NBA players have transcended their on-court prowess to become savvy investors, particularly in technology startups, franchises, and health and wellness companies. These moves diversify their income streams and set them up for long-term financial success. Shaquille O’...

Shares of several large media companies are moving after the close on Tuesday following a joint venture deal between multiple media giants. What To Know: ESPN, a subsidiary of Walt Disney Co (NYSE:DIS), Warner Bros. Discovery Inc (NASDAQ:WBD) and Fox Corp (NASDAQ:FOX)(NASDAQ:FOXA) have reached an...

In a recent development, a popular sports network, ESPN, finds itself embroiled in a controversy. The network is accused of employing deceptive practices to secure over 30 Emmy awards. What Happened: A report by The Athletic alleges that ESPN has been involved in a scheme since 2010 to...

A Powerball player in California has hit the jackpot, winning a staggering $1.08 billion, marking the third-largest prize in the lottery game’s history, The New York Post reports. The Winning Numbers: The winning numbers were 7, 10, 11, 13, 24, and the Powerball 24. The lucky ticket was sold...

In 2020, Dwayne "The Rock" Johnson joined forces with a team of investors to purchase the XFL for $15 million. With its first season in the past, it's time to look at the financials and consider what the future may bring. According to recent reports, the startup professional football league lost...

As a sports fan, you're probably wondering when and how artificial intelligence (AI) is going to change the way your favorite teams operate. But if you begin to look closely, you're likely to find that these changes are already underway. Regarding performance, professional sports franchises are...