Welcome to Card Collectors Corner, a new column about the trading card industry on Online Gambling. You may have previously read my series about the trials and tribulations of opening a new card store in Alabama last year. Now, I’ll be focusing on regular stories about the market. And what […]
When New York launched regulated online sports betting earlier this month, most observers predicted it would quickly grow into one of the largest markets in the United States. Early numbers from the first weekend of betting in the Empire State are bearing those predictions out. New York sportsbooks took in […]
Microsoft has suddenly become the world’s third-largest gaming company behind Tencent Holdings and Sony following its announcement Tuesday that it acquired Activision Blizzard for $68.7 billion. The news came just as the gaming community was digesting Take-Two Interactive’s purchase of Zynga. Gaming is one of the few sectors to excel […]
While the Buffalo Bills waxed the New England Patriots in the wild-card round of the NFL playoffs, Mac Jones became the king of graded cards. PSA, the market leader in card grading, released a graphic showing the top-10 most submitted cards for December, and the Patriots quarterback made the list […]
The New York Racing Association (announced plans to return the Wilson Chute, one of Saratoga Race Course’s historic racing landmarks for the 2022 summer meet. Restoration of the Wilson Chute will allow the NYRA to write one-mile dirt races on Saratoga’s main track. The Wilson Chute hasn’t been used since […]
John Elway and Peyton Manning are both in the hunt for an ownership stake in the Denver Broncos. Meanwhile, the team is not officially for sale. A recent court decision, however, may finally pave the way for new ownership. Pat Bowlen placed the Denver Broncos in a family trust back […]
If the MINT25 auction is any indication, sports collectibles are going to enjoy another big year. This collection features 25 iconic items, including a 1918 signed Babe Ruth contract. While Ruth’s contract could fetch upwards of $1 million, a rare item signed by Tom Brady could top $2 million. The […]
The New York Times plans to acquire The Athletic for $550 million. The acquisition of the sports media company solves two problems for the 170-year-old newspaper. The NYT’s sports coverage has always been thin. Meanwhile, the paper has been looking for ways to expand its digital subscription base. Buying The […]
With a month left to go, a campaign to let voters decide whether to legalize sports betting in Florida remains well short of the required signatures, but organizers insist they’re making enough progress to capture the required minimum. Florida Education Champions, the campaign pushing an amendment of Florida’s Constitution to […]
While Fanatics’ $500 million acquisition of Topps’ card manufacturing business didn’t come as a big surprise to most industry insiders, the announcement this week was certainly a momentous occasion for the hobby. In the ensuing years, Fanatics will become the license holder to use team logos and player likenesses in […]
FOX Sports and the New York Racing Association announced Wednesday that the network now owns the exclusive media rights to one of the jewels of the Triple Crown. FOX Sports acquired the exclusive media rights to the Belmont Stakes beginning in 2023. The eight-year agreement with the New York Racing […]
PSA, the market leader in sports card grading, announced this month the return of another of its grading tiers, but the December blog post shows that the company still has a long way to go to clear its backlog. PSA will reopen its Regular grading service level, although at a […]
Endeavor Group Holdings has agreed to buy 10 Minor League Baseball teams, including the affiliates of prominent MLB franchises like the New York Yankees and the Atlanta Brave. One of the teams, the Oklahoma City Dodgers, is currently co-owned by Endeavor President Mark Shapiro. Endeavor got its start as a […]
Hard Rock International announced on Monday that it will buy the Mirage Hotel & Casino for $1.075 billion. The Florida-based company will also spend $1.5 billion to remodel the resort, adding another hotel tower. MGM Resorts will net $815 million from the sale after taxes and fees. Hard Rock International […]
Fanatics, the company known primarily as one of the world’s foremost suppliers of sports team gear, shocked the trading card industry earlier this year when it scooped up the licenses to produce cards for the three most popular sports of baseball, basketball, and football. Likely soon to be out of […]
The ownership of the 49ers group has a deal in place to buy Premier League club Leeds United in a deal valued at more than $530 million. The Athletic reports that the San Francisco 49ers investment arm has the option to acquire 100% control of the Yorkshire club until January […]
After more than half a year in operation, my store, Cullman Sportscards & Fun Shop, has already experienced its share of ebbs and flows, and I’ve learned lessons that I’ll take to heart here at the end of the year to carry over into 2022. Here are some things I’ve […]
Macau casino stocks tanked this week after the arrest of 11 junket operators. Alvin Chau, Suncity Group Holdings’ CEO, was among those detained. The region’s casino stocks were already struggling due to new virus concerns, but the specter of more regulatory crackdowns pushed them lower still. During the ’08-’09 financial […]
Fenway Sports Group (FSG) plans to take a majority stake in the NHL’s Pittsburgh Penguins. The deal, which still needs NHL owners’ approval, is reportedly valued at $900 million. The Penguins will join Fenway Sports’ portfolio of teams that include the Boston Red Sox, the Salem Red Sox, Liverpool FC, […]
Over the past month, two big sports betting deals have gone bust. DraftKings dropped its $22 billion offer for Entain while, meanwhile, Wynn Resorts called off the merger of WynnBet with Austerlitz Acquisition. And in the blink of an eye, the red-hot sports betting market has started to cool. Once […]
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