Since news broke Monday that the University of Michigan football team would pause “in-person activity†due to a rash of positive COVID-19 tests, social media has lit up with speculation that the Wolverines’ effort to ensure the safety of its players, coaches, and staff is just a way to get […]
Tag: ESPN
DraftKings’ Q3 Gains Create Stock Surge, But is Success Sustainable?
Buoyed by a trio of new states approving gambling on Election Day and continued progress with professional sports partnerships, DraftKings reported some big third quarter wins on Friday. As a result, shares of DraftKings stock jumped more than 10% to end the week after the company released blockbuster quarter-end totals, […]
ESPN Eliminates 500 Jobs, 300 Through Layoffs
ESPN’s financial woes, exacerbated by the COVID-19 pandemic, have resulted in a massive layoff of 300 staffers along with the elimination of 200 currently unfilled job openings. The layoffs will be spread throughout the sports cable empire, with on-air personnel being spared initially, according to a memo from ESPN Chairman […]
BetMGM Signals Shift to Content and Social with Key ESPN Hire
In a move that portends an emergence as a content and social media juggernaut, BetMGM Tuesday hired Ryan Spoon, ESPN’s senior vice president of digital and social content. Spoon will depart ESPN’s Bristol headquarters to step in as chief operating officer at BetMGM, the New Jersey-based sports gambling venture owned […]