Ben Horney

2 weeks ago | frontofficesports.com | Ryan Glasspiegel |Ben Horney

FanDuel has discussed a deal with the upstart trading exchange Kalshi that would include various betting efficiencies, Front Office Sports has learned. FanDuel, owned by publicly traded Flutter Entertainment, is the bellwether of the U.S. sportsbook industry, which Kalshi has threatened to disrupt in recent months.

3 weeks ago | frontofficesports.com | Ben Horney |Ryan Glasspiegel

Sports bettors in Illinois on Saturday logged into their apps and were met with an uncommon warning: the state legislature was considering new taxes. The tax, which passed minutes before midnight local time on Saturday, will be 25 cents for every bet for a licensee’s first 20 million bets, and 50 cents per bet thereafter.

1 month ago | frontofficesports.com | Ben Horney |Daniel Roberts

Tom Brady still believes in crypto. The legendary quarterback turned Fox NFL broadcaster is among the investors pouring $18 million into Catena Labs, which aims to “establish the first fully regulated AI-native financial institution” to serve what is known as the “agentic commerce” marketplace, according to an announcement last week. The funding round is led by a16z crypto, plus participation from the likes of Breyer Capital, Circle Ventures, Coinbase Ventures, Brady, and more.

1 month ago | frontofficesports.com | Eric Fisher |Ben Horney

A seemingly straightforward executive move in sports media has snowballed into a lawsuit between two titans. ESPN parent company Disney has sued YouTube TV and longtime Disney exec Justin Connolly over his move to the Google-owned streamer to a newly created role as global head of media and sports.

1 month ago | frontofficesports.com | Ben Horney

Ex-NBA player Charlie Villanueva headlines a group of new investors in growing sports media company Tidal League.