Sometimes it is all about timing. Reports out of the North Carolina State Lottery Commission, which oversaw the rollout of online sports betting in the state, indicate a great desire for the activity. How much? Within hours of launching in March, eight figures in revenues (and payouts) had been won by North Carolinians. ACC Tournaments… Read more »
Miriam Adelson
NBA Approves Sale of Dallas Mavericks to Las Vegas Sands Corp.
The NBA Board of Governors has approved the sale of the Dallas Mavericks from Mark Cuban to the families that control Las Vegas Sands Corp. The sale was originally announced a month ago; the families of Dr. Miriam Adelson – the wife of the late Sheldon Adelson – and Sivan and Patrick Dumont agreed to… Read more »
Mark Cuban Sells Controlling Stake in Dallas Mavericks to Miriam Adelson
In stunning news out of the NBA, Mark Cuban is selling a majority stake in the Dallas Mavericks to Miriam Adelson, wife of the late Sheldon Adelson, and the Adelson family. Adelson, who is the controlling shareholder of the Las Vegas Sands Corp., is selling about $2 billion of Sands stock to fund the purchase.… Read more »