Category: Teams and Tenants

Sportsbooks Bet on Arenas, Stadiums

ODDS ARE GOOD: The Fox Bet Lounge at Lincoln Financial Field offers members premium perks in a sportsbook-themed space. (PhiladelphiaEagles.com) They’re splashing their brands on in-venue areas as they battle for market share PlayUp, an Australia-based sportsbook operator, has its work cut out as it fights for a share of the increasingly competitive U.S. sports betting market.   After going live in Colorado in March, PlayUp is readying its launch in New Jersey, a state that has established itself as the most robust sports betting market in the nation. More than $6 billion in sports bets were placed in New Jersey last year; Nevada, with $4.3 billion in handle, was a distant second. While that’s enticing for companies with market access in the Garden State, grabbing a slice of the pie doesn’t come easy when competing against established brands like FanDuel, DraftKings, BetMGM and William Hill. PlayUp sees its sponsorship […]

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Why One Team Thinks It’s Worth the Wait

CHECKERS PAST: The Charlotte Checkers salute their fans before COVID-19 halted play. The Checkers chose not to play the 2020-21 American Hockey League season.  As the state of North Carolina slowly reopens public assembly venues with fans in the stands, Tera Black remains confident that the Charlotte Checkers made the correct decision to skip the 2020-21 American Hockey League season altogether. “We’re getting through this season and getting players on the ice (through other channels),” said Black, the Checkers’ chief operating officer and alternate governor. “The biggest responsibility of the AHL is developing NHL prospects. People are jumping through hoops to get that done and it’s working.” In Charlotte, the majority of the team’s fan base agreed with the Checkers’ decision to sit out the season, she said. They were one of three AHL teams to cancel the season. The other two were the Milwaukee Admirals and Springfield (Massachusetts) Thunderbirds. […]

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Minor Leagues, Major Decisions

EARLY ARRIVALS: At Luther Williams Field, Georgia’s Macon Bacon were among the first baseball teams with fans in the stands after the shutdown last year. (Courtesy team) Across the country, owners have weighed the wisdom of going dark vs. playing on, all with the goal of making it past the pandemic Ken Young owns five minor league baseball teams, stretching from Norfolk, Virginia, to Albuquerque, New Mexico. Every Monday during the pandemic, the general managers of those clubs send him an update on the available cash on hand and whether Young needs to replenish those coffers. Those exchanges are tough to swallow, as they have been for everybody working in sports and entertainment. For Young, who also serves as executive chairman of Spectra Food Services and Hospitality, the losses he incurred from the cancellation of Minor League Baseball in 2020 run in the “multiple millions of dollars.” “I sit around […]

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Delaware North Feeds Boston Fans’ Passion

Delaware North, the owner of the Bruins and TD Garden, has used The Hub on Causeway, its $1 billion retail and entertainment district tied to the arena, to help keep fans of the Bruins, Celtics and Red Sox engaged during the pandemic.

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