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Think Last Second Shots Don’t Matter In Basketball? The Cost Is Millions Of Dollars For Bettors And Sportsbooks

By Chris Katje
Today, 10:50 AM
More states have legalized sports betting in recent years, leading to an increased number of people who could bet on games in the 2023 NCAA Men’s Basketball National Tournament. Some may have found out quickly that bad beats and backdoor covers can crush bets.

MGM

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3 minute read
  • General
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Biggest March Madness Upset Ever: Here’s The Payout On A $100 Bet On Fairleigh Dickinson Over Purdue

By Chris Katje
Today, 10:50 AM
Since 1985, the NCAA Men’s Basketball National Tournament has featured a bracket of at least 64 teams seeded 1 through 16 in four different regions. For the second time ever, a 16 seed defeated a 1 seed, cementing its place in March Madness history.

CZR

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3 minute read
  • General
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Joe Biden Releases March Madness Bracket Late: Here’s Who He Picked And An Early Loss Already Hurts

By Chris Katje
Today, 10:50 AM
During Barack Obama’s time as president from 2009 to 2017, the president released an annual March Madness bracket for the men’s and women’s national tournaments. The tradition has seen limited participation by the presidents that followed him.

DKNG

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Biden Shows Support For LGBTQ, Trans Youth On ‘Daily Show’ Appearance, Takes A Swing At DeSantis

By Chris Katje
Today, 10:50 AM
In a rare sit-down interview, President Joe Biden shared his thoughts on LGBTQ rights and where he stands on issues. Here’s the latest.

PARA

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1 minute read
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Paramount Global CEO Bob Bakish Says We Got An Unsolicited Offer For Showtime; Did Not Make Sense To Divest For Anywhere Close To Price Offered

By Happy Mohamed
Today, 10:50 AM
 - Morgan Stanley Conf

PARA

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‘Unvarnished Examination’ Of Elon Musk, New Documentary From Oscar-Winner Coming: Here’s What Tesla CEO Says

By Chris Katje
Today, 10:50 AM
A new documentary from one of the biggest names in the film industry will center on the life of Elon Musk. Here’s a look at the details of the film and the person behind it.

AAPL

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1 minute read
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Paramount Eyes Majority Stake Sale In BET Media Group, Courts Interest From Byron Allen, Tyler Perry

By Anusuya Lahiri
Today, 10:50 AM
Paramount Global (NASDAQ: PARA) is weighing the possible sale of a majority stake in BET Media Group, which includes the BET cable network, BET Studios, and VH1.

PARA

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Paramount Global Is Considering Majority Stake Sale Of BET Media Group; BET Media Group Controls BET, VH1 Cable Channels; Co. Would Maintain Commercial Relationship With BET, VH-1 Post-Deal; Deal Would Help Paramount Shore Up Resources For Streaming -…

By Happy Mohamed
Today, 10:50 AM
- Dow Jones Citing WSJ

PARA

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Paramount Agrees To Largest Class Action Settlement In Delaware History Over CBS-Viacom Merger

By Bibhu Pattnaik
Today, 10:50 AM
Paramount Global (NASDAQ: PARA) has agreed to pay $122.5 million in a lawsuit settlement claiming that the CBS-Viacom merger was

PARA

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Paramount Global Says Term Sheet Provides For Final Dismissal Of Litigation In Exchange For Settlement Payment Of $122.5M

By Michael Horton
Today, 10:50 AM
-SEC Filing

PARA

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