DraftKings, FanDuel start prediction market space

DraftKings, FanDuel start prediction market place

November 19, 2025

FanDuel, DraftKings Exit American Gaming Association Due to Prediction Markets
FanDuel and DraftKings ended their membership with the American Gaming Association because of their entry in to the prediction market space. Both companies will launch their own prediction market platforms soon. This has sparked legal issues in states with regulated sports betting, which claim that prediction markets are gambling.
^{Yahoo Sports}

Callaway Offloads Topgolf in $1.1 Billion Sale to PE Firm
The merging of Topgolf and Callaway is off. The company’s stock has plunged at $10.58 per share compared to $37.29 in 2021. Private equity firm Leonard Green & Partners is taking control of Topgolf and Toptracer in a deal that values the business at $1.1 billion. Funds managed by Leonard Green will acquire a 60% stake in Topgolf. The private equity firm already held a 4.9% in Topgolf Callaway Brands.
^{Front Office Sports}

Barcelona President Joan Laporta defends exorbitant ticket prices – ‘We feel they are appropriate’
Barcelona returns to Spotify Camp Nou this weekend. They are returning 909 days after leaving Camp Nou. The cheapest tickets on general sale will be around $230, and the most expensive are $682. President Joan Laporta argues the ticket prices are fair in today’s market. He also stated the prices will go down once the stadium capacity increases.
^{Yahoo Sports}

Seregh Acquires ROAR to Launch Smart Sports and Entertainment Districts as a Service
Sports and Entertainment Real Estate Global Holdings acquired Revenue Over And Above Replacement. ROAR will now have a strategic focus on developing Smart Districts as a Service. The company will use AI, machine learning and data-driven solutions to deliver actionable insights that empower sports franchises, owner representatives, real estate developers, venue operators, architectural design firms, capital partners, event producers, and municipalities to more effectively conceive, develop, and commercialize Sports and Entertainment-Anchored Districts (SEADs).
^{PR Newswire}

Next EA F1 Game Won’t Arrive Until 2027, DLC Only for 2026
Electronic Arts announced that it won’t be releasing a new title next year to follow F1 25. I will offer an expansion pack for the 2026 season with the appropriate team and roster adjustments. The price and release date are unknown. The next full release won’t land until 2027.
^{PR Newswire}

Women’s soccer team looking at options outside Denver to build stadium
Denver Summit FC is considering other places to build its stadium. City leaders voted to delay a $70 million agreement for the city to purchase the Santa Fe Yards site for the stadium and fund its infrastructure by another month due to questions over how the money will be allocated. The team promised to have a stadium built in time to play in March 2028. If it fails to meet the bid promise, the team could face fines from the league.
^{Denver Gazette}

Nissan extends backing of Yokohama stadium
Japanese automotive manufacturer Nissan agreed to continue sponsoring Yokohama’s Nissan Stadium for five more years. The deal is worth $4.2 million, which is an increase compared to the current deal. Nissan is headquartered in Yokohama. Nissan has held the naming rights to the stadium since 2005. The J1 League football team Yokohama F. Marinos plays at the stadium and is majority-owned by Nissan.
^{The Stadium Business}

Cristiano Ronaldo to attend White House meeting as Trump hosts Saudi Prince MBS
Cristiano Ronaldo attended the White House when President Donald Trump hosted Saudi Crown Prince Mohammed Bin Salman in the Oval Office on Tuesday. Ronaldo is becoming the face of the Saudi Pro League. He plays for Al Nassr, one of the Saudi Pro League teams owned by the country’s sovereign wealth fund PIF. The meeting was about the Abraham accords, international relations and mutual investments between the two countries. For Ronaldo, this was his first high-profile appearance in the States for over a decade, as the Portuguese star has not played in the U.S. for almost 12 years.
^{The Athletic}

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College sports is big business. Senator asks 'whether it is time to rethink tax-exempt' status
The U.S. senator is asking questions about the money being spent on fired college coaches. Maria Cantwell wonders what would happen if NCAA conferences and schools were no longer allowed to operate as tax-exempt organizations. Cantwell brought this up in a letter on Monday to the chief of staff for the U.S. Congress Joint Committee on Taxation. The letter asks for information from the Joint Committee that could help her develop legislative proposals.
^{USA Today}

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