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Betting


BetMakers Technology Group Limited, an Australian wagering technology firm backed by influential bookmaking figure Matthew Tripp, has joined the queue to acquire Tabcorp’s racing and wagering arm. The BetMakers proposal, made public Friday, values the lucrative business segment at AU$4 billion and if accepted would see Tabcorp receive AU$1 billion in cash sourced through debt …

AI (Artificial Intelligence) concept. Deep learning. Mindfulness. getty Brain-Controlled Interface (BCI) technology—or technology that allows us to control our devices with our minds—is very promising. In fact, tech giants and VCs are pouring millions of dollars into it. Facebook is so interested in the technology that, in 2019, it spent between $500M to $1B to acquire CTRL-labs, …

Last week, iHeartMedia Inc., which operates one of the biggest podcast networks in the country, announced it would acquire audio advertising technology company Triton Digital, a move aimed at helping the radio giant expand its advertising options to attract more buyers. It also reflects an increasingly common business decision in podcasting, as the growing industry …

The 2020-21 NBA season is officially underway, and because of the late start this year, we’re jumping right into the Christmas Day festivities. As always there are five marquee games on the schedule, with the league gifting fans a full day of exciting basketball. With that being the case, CBS Sports’ team of NBA experts …

Dennis Drazin joins PlayUp Global Board 2019 Sports Betting Hall of Famer Further Strengthens PlayUp US team SYDNEY, Dec. 1, 2020 /PRNewswire/ — PlayUp is pleased to announce that Industry Legend and Hall of Famer Dennis Drazin has joined the PlayUp Board. Mr Drazin was recently appointed to the Board and will work directly with …

Week 8 will go a long way in helping us make more sense of both the NFC and AFC playoff pictures. The big AFC matchup pits the Steelers and Ravens in a game that should be its usual slugfest. The slate also features the debut of Tua Tagovailoa in Miami, a game with definite playoff …

The Los Angeles Lakers and Miami Heat will meet in the 2020 NBA Finals in the NBA bubble in Orlando, Florida. The series will start on Wednesday at 9:00 p.m. ET on ABC. LeBron James opened as the favorite to win NBA MVP. We already went over the odds on DraftKings Sportsbook for the award. …

Seth Klarman, founder of the Baupost Group Scott Eells | Bloomberg | Getty Images (This story is for CNBC Pro subscribers only).  Hedge fund manager Seth Klarman made new bets on health care stocks during the second quarter as he sold off shares in tech giants and closed positions in energy companies, according to a …

The U.S. may have fallen behind Asia and Europe in battery manufacturing, but a number of well-funded companies are looking to get the country back in the game with a technology that could supersede today’s lithium-ion chemistries. Companies including Ionic Materials, QuantumScape, Sila Nanotechnologies, Sion Power and Solid Power are developing all-solid-state batteries (ASSBs) that are expected …

The XFL will be venturing in uncharted waters with its decision to discuss betting lines and gambling during their broadcasts. This comes at a time where we’ve seen technology quickly change the gambling world for both the players and the bookmakers. With the 24-hour sports news cycle and the breaking of news on social media, …