Over 50% of Americans to bet on March Madness, WWE wants to enable wagering on its scripted matches, and BBC’s sports programming gets disrupted. Here’s STATSCORE‘s Review!
- Sports betting turns March Madness into a huge business
- Could World Wrestling Entertainment introduce betting on its scripted matches?
- Warner Bros. and CBS Sports sold out of NCAA basketball ad inventory
- Elliott Management enter second stage of Man United takeover
- BBC sports programming disrupted due to row with Gary Lineker
Sports betting turns March Madness into a huge business
According to WalletHub more than $10 billion will be bet in the United States on the 2023 edition of the NCAA Tournament. However, about 40% of the money will be wagered illegally
More than 50% of Americans will place an online bet on the event, demonstrating how the growth of the sports betting industry in recent years has turned the annual event into a massive business. Read more
Could World Wrestling Entertainment introduce betting on its scripted matches?
It’s no secret that WWE scripts its fights, so who would be interested in betting on the results?
It has been reported that World Wrestling Entertainment is interested in sports fans betting on scripted matches. Regulators and sportsbooks are not supporting this idea, as it often goes against accepted rules. For example, Colorado statute forbids “wagers on events with fixed or predicted outcomes or purely by chance.” Read more
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Warner Bros. and CBS Sports sold out of NCAA basketball ad inventory
March Madness never fails to draw attention from American sports fans, which makes the advertising spots break records. This time it surpassed the last year’s $1 billion haul.
Adweek reports that the NCAA Division 1 Men’s Basketball Tournament’s advertising inventory is now “virtually sold out” by Warner Bros. Discovery and CBS Sports, which hold domestic broadcast rights to the tournament. Read more
Elliott Management enter second stage of Man United takeover
It has been reported that Elliott Management has made it through to the second stage of the potential sale of Manchester United.
According to the reports, the US hedged fund company isn’t looking to buy the club outright, but would rather support other bidders in the process.
The only two public bids so far have come, from Sir Jim Ratcliffe and Qatari businessman Sheikh Jassim bin Hamad Al Thani. Read more
BBC sports programming disrupted due to row with Gary Lineker
The BBC is facing a serious crisis after a series of top pundits, presenters and commentators refused to appear on air because of Gary Lineker’s suspension for criticising the government’s immigration policy.
Lineker criticized the British government’s controversial new asylum-seeker policy, apparently breaching the BBC’s commitment to “due impartiality.” Read more
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