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Sports Betting,Sports News,NASCASR,IMG Arena,Global sports betting,Virtual sports betting

Sports Betting : NASCAR and IMG ARENA announce global sports betting initiatives

NASCAR® and IMG ARENA, a leading sports betting service and content hub, announced today that IMG ARENA has licensed official assets to create a virtual...
Sports Business,Sports Business News,Endeavor,WME-IMG,Sports Entertainment

Sports Business : WME-IMG owners Endeavor secures $260 million loan

Sports and Entertainment company Endeavor has secured a $260 million loan to support it survive the coronavirus pandemic. The company which owns sports and entertainment...

Sports Business : WME-IMG to cut workforce by 20%

Talent agency WME will cut its workforce by about 20 per cent, continuing a difficult  stretch for parent company Endeavor that has been sharply heightened...

Sports Business : Owners of WME IMG & UFC, Endeavor seeks emergency $250M funding

There appears to be no end in sight for Endeavor’s financial woes. One of the world’s biggest sports and entertainment agency Endeavor is looking to...
Sports Business,Endeavor sports business,Sports Business News,WME IMG Credit Rating,WME Agency

Sports Business : More staff and pay cuts for Endeavor, WME & IMG

Cost-cutting measures at Entertainment and Sports Business conglomerate Endeavor will affect up to one-third of the company’s workforce by the end of May. The cuts...
Sports Business,Endeavor,WME IMG Credit Rating,UFC news,Sports Business News

Sports Business : Endeavor, WME IMG Credit Rating Downgraded by S&P due to massive...

S&P Global has downgraded its credit rating for Endeavor to from B to CCC+ , which takes the company from “highly speculative” to “substantial...

IMG Arena, ATP Media to launch ATP Masters 1000 virtual event

IMG ARENA, a sports betting service and content hub, has tied up with the ATP Media to launch an official virtual tennis product. The...
Coronavirus,Endeavor sports business,Sports Business News,Sports Business,IMG parent company

COVID-19 Impact: IMG parent company Endeavor lays off 250 staff

With the Coronavirus pandemic bringing the entertainment and sports business to a screeching halt, IMG’s parent company Endeavor has laid off 250 staff to...
Coronavirus,Sports Business News,Sports Business,Sports business companies,Endeavor Group

COVID-19 Impact: UFC, IMG parent company Endeavor in debt pressure

Coronavirus is hitting the business of sports harder than any other industry. The top sports business companies have started showing the signs of the...
IPL 2020,Indian Premier League,BCCI,IPL Governing Council,Sports Business News India

IPL Governing Council member raises issue of IMG contract

Indian Premier League Governing Council member Surinder Khanna has raised the issue of the ₹ 33.5 crore annual contract with the event agency IMG,...