Paul Cacciato

Everything you need to know in #SportsBiz today:   1. Major League Baseball (MLB) and Geico SpA renew multi-year sponsorship, launching a new fan engagement platform across various MLB ‘s digital platforms 2. MGM Resorts International partners with New York Yankees, securing brand placement on LED signage at Yankee Stadium 3. Los Angeles Dodgers and Jacoby & Meyers renew multi-year partnership 4. Formula 1 One announces six venues for sprint races next year 5. NFL Commissioner Roger Goodell says league is open to private equity team ownership of up to 10 per cent 6. Uber Eats becomes an official partner of LALIGA until the 2026/2027 season 7. TGI Sport acquires virtual advertising specialist Supponor for €100m 8. Metaverse specialist Infinite Reality acquires AI and digital twin firm Landvault for US$450m 9. US appeals court rules that some NCAA athletes could qualify as employees under federal wage and hour laws 10. Wimbledon’s commercial and marketing director defends Barclays sponsorship deal amid protests 11. Vivendi reportedly exploring listing Canal+ on the London Stock Exchange 12. SailGP launches first AR and VR app ahead of season four finale 13. Footballco launches 'cross-platform audience segmentation and targeting solution' for advertisers 14. Tech specialist Cortex launches dedicated digital marketing platform for the sports industry Keep your finger on the pulse with all the major stories and news announcements by checking out The Wire - our one-stop shop and super-feed of sports business news 👉 https://lnkd.in/dJKSjMv5

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FanDuel's dominance over the mobile sports betting market in Virginia was cemented in April. The top sportsbook hit yet another record when its total revenue surpassed $700 million. FanDuel continues to dominate the market, according to data obtained through a Freedom of Information Act request to the Virginia Lottery. The company's performance metrics are impressive. In April, Virginia's gross sports betting revenue was $60 million, which was only the fourth time in 40 months of wagering records that this amount was reached. Over 50% of the total, or an astounding $31.2 million, came from FanDuel alone. This outcome confirms FanDuel's dominant market position and represents the fourth time in the previous seven months that the company has generated more than $30 million in monthly revenue. #usa #virginia #fanduel #sportsbook #lottery

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In a May 15th status conference, Major League Baseball (MLB), National Basketball Association (NBA), and National Hockey League (NHL) representatives voiced concerns about Diamond Sports Group’s lack of a renewal deal with Comcast, its third-largest distributor. ⚾️ Comcast's customers lost access to Bally’s regional sports networks in late April over cost and channel placement disputes. With a plan confirmation hearing on June 18th approaching, the leagues stressed the need for a viable business plan from Diamond. 🧢 Find out the implications of these disputes, the positions of the major sports leagues, and what to expect as the confirmation hearing nears. 👉 Read now: https://lnkd.in/eRzpXE3y #distresseddebt #leveragedfinance #debtcapitalmarkets

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Diversity of thought and experiences in talent within an organization often leads to innovation. Todd Fischer, Executive Vice President, Client Consulting at GMR Marketing joined the #TicketManager All Access Interview Series and discussed this topic in the video below. #SportsBusiness x #SportsTech

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Diversity of thought & experiences in talent within an organization often leads to innovation. Todd Fischer, Executive Vice President, Client Consulting at GMR Marketing joined the #TicketManager All Access Interview Series and discussed this topic in the video below. #SportsBusiness x #SportsTech

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Win Daily MLB DFS and Betting Article is here to give you an insight to the daily baseball card and the best matchups we see to help you make a profit. Dial in and get ready for some great games, betting insights, and p...

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Win Daily MLB DFS and Betting Article is here to give you an insight to the daily baseball card and the best matchups we see to help you make a profit. Dial in and get ready for some great games, betting insights, and p...

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Win Daily MLB DFS and Betting Article is here to give you an insight to the daily baseball card and the best matchups we see to help you make a profit. Dial in and get ready for some great games, betting insights, and p...

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April saw FanDuel solidify its position as the dominant force in Virginia’s mobile sports betting landscape. The leading sportsbook reached another milestone by surpassing $700 million in all-time revenue. Data obtained through a Freedom of Information Act request to the Virginia Lottery revealed that FanDuel continues to lead the market with impressive performance metrics. Virginia’s gross sports betting revenue for April reached $60 million, the fourth instance in 40 months of recorded wagering to achieve this figure. FanDuel alone accounted for a staggering $31.2 million, more than 50%. This result demonstrates its commanding market presence and marks the fourth time in the last seven months that FanDuel’s monthly revenue exceeded $30 million. Read the full story ➡ https://lnkd.in/dGQPaYu9 #business #finance #gambling #gamblingnews #sports #usa

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As the Official Player Development Partner of USA Baseball and MLB's Prospect Development Pipeline, Rapsodo's PRO 3.0 unit gets a front row seat to all the action at the MLB Combine.   PRO 3.0 collected data during the on-field pitching and hitting sessions, providing MLB clubs, scouts, and coaches with real-time analytics of the MLB prospects' performances.   We studied the data captured from over 300 prospects during the week at Chase Field and identified some names that helped their draft stocks.   Here's a look at those standout performers as well as our leaderboards for hardest hits, fastest pitches, longest home runs, and highest pitch spin rates. MLB Combine Recap: https://lnkd.in/grSF4N5q   #PlayOn #PlayWithoutLimits #MLBCombine #MLBDraft #MLB #PlayerDevelopment #dataanalytics #SportsTechnology #SportsTech #Partnerships

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Win Daily MLB DFS and Betting Article is here to give you an insight to the daily baseball card and the best matchups we see to help you make a profit. Dial in and get ready for some great games, betting insights, and p...

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MGM Resorts International announced that it is buying Tipico’s U.S. sportsbook operations and that the Tipico brand will be exiting the U.S. market The acquisition is being completed through MGM Resorts’ subsidiary #LeoVegas, which was itself purchased by MGM Resorts in 2022. The deal is expected to close in Q3 2024 Tipico Sportsbook will ultimately cease operating in the U.S. before the deal closes, at which point LeoVegas will acquire certain aspects of Tipico’s U.S.-facing management, technology and trading teams across the country, as well as in #Colombia and #Europe

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Read about the remarkable life of David Sharapan and his perspectives on the sports betting business in today's edition of Meet the Bettors presented by Point To Point Marketing. https://lnkd.in/gZsCDEz8

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On this weeks episode we revisit Miami to wrap up a couple of loose ends then try to work out what the heck all the upgrades will mean as we try to make Imola predictions! #f1 https://lnkd.in/eDSRvecf

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