Monday, January 24, 2022
Monday, January 17, 2022
Advertising News Media: news update
Looking 4 Larry Agency wins Media Man 'Agency Of The Month'
Roman Reigns becomes longest-reigning Universal Champion in WWE history
"The All Mighty" Bobby Lashley responds to Brock Lesnar’s jokes
Wrestling Podcasts and More: Media Man Int and Media Man Australia
Robb Report wins Media man 'Magazine Of The Month'
Blackstone’s claim for the Crown likely to get green light: analysts
Online Content publishing via Media Man Int and Media Man Australia
$1.2 Billion Bet in December With New Jersey Sportsbooks: Revenues Way Down Though
Rock N Roll Wrestling Connection
Bruce Lee wins Media Man 'Legend Of The Month' award
Djokovic Flies Out of Australia After Losing Court Appeal
Packer on cusp of ending family’s 23-year rocky affair with Crown
Costa Rica Hydro Plant Gets New Lease on Life From Crypto Mining
RT wins Media Man 'News Outlet Of The Month' award
World View via Media Man Group
Promotions and Publicity Directory
Sunday, January 16, 2022
Thursday, January 13, 2022
Advertising News Media Blog: New York 51% tax on Sports Betting
New York 51% tax on Sports Betting
Read all about it...
New York became the largest US state to embrace online sports betting but the high tax rate makes it close to impossible to compete.
The betting companies operating in the Empire State include DraftKings, FanDuel, Caesars Sportsbook, and Rush Street Interactive.
That'll make it harder for operators to profit off their customer bases in the state, Jason Ader, CEO of SpringOwl Asset Management and 26 Capital Acquisition Corp, tells MSN News.
"Everybody wants to be in New York because it's a trophy market in terms of the size of the state and its importance, but the tax rate is really prohibitive," Ader said. "It's very hard to make money in sports betting. Put 51% tax rate on it and it's maybe a bit more like a fool's gold rush than a gold rush."
As far as players go, these taxes will likely be passed down in the form of less attractive lines, bonuses and cashout fees. In the early months, companies may seek to reduce the affect on customers. These companies will also report all winnings to the IRS, something offshore sportsbooks and local bookies do not do.
Some websites licensed outside the state in offshore jurisdictions continue to do business in New York. Many, like Bovada, BetOnline and BetAdrian, have pulled out of that market.
Saturday, January 08, 2022
Advertising News Media Blog: News articles
Tiger Mask wins Media Man 'Wrestling Legend Of The Month' award
AEW Dynamite tops one million viewers for TBS debut
Life's A Beach Podcast wins Media Man 'Podcast Of The Month' award (Australian category)
Search News Media website goes live
Television, Movies and Pop Culture covered by Media Man Social Media; Facebook Channels Boosted
NFTs and the trillion-dollar Bitcoin boom: The year cryptocurrency took off
The Matrix Resurrections nominated for Media Man 'Movie Of The Year' awards
Tony Khan Lashes Out At FOX News Over Ratings Commentary
Lio Rush Says He’s “Proud” To Work For Tony Khan, Big Swole Update
Owen Hart wins Media Man 'Legend Of The Month' award
Jake Paul Issues Terms to Dana White For Masvidal Fight, UFC Prez Claps Back!
Fight Breaks Out in Crowd at Las Vegas Bowl, Wisconsin Fan Stops It | TMZ Sports
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Pop Culture websites: Media Man Int and Media Man Australia list
Tuesday, January 04, 2022
Monday, December 27, 2021
Monday, December 13, 2021
Sunday, December 12, 2021
Saturday, December 11, 2021
Advertising News Media Blog news: ‘Absurd’: NFL punter turned host hits $170m jackpot as gamble pays off with ‘richest ever’ deal
‘Absurd’: NFL punter turned host hits $170m jackpot as gamble pays off with ‘richest ever’ deal
In what might be the richest talent deal in sports media history, FanDuel has reportedly signed a deal with “The Pat McAfee Show” worth in the vicinity of $US30 million ($A42m) annually.
NFL insider Ian Rapoport was first with the news an extension had been reached — as McAfee’s show already had a sponsorship deal with FanDuel — and NBA insider Shams Charania followed up with the annual compensation.
McAfee confirmed in a YouTube video his show has reupped with FanDuel for “an absurd amount of money” on a four-year deal with an opt-out after three years.
The 34-year-old was a punter for the Indianapolis Colts for seven NFL seasons before retiring and pursuing a career as a broadcaster.
It’s unclear how much of that $US30 million is base pay, versus potential enticements for affiliate referrals. Furthermore, this deal likely includes the pay for his co-host A.J. Hawk, and crew of producers and other show contributors. Nevertheless, McAfee is the main driver and this is an enormous pay package that will inevitably have ripple effects across the industry.
As sports gambling implementation continues its slow crawl toward activation in New York, there has been a gold rush across America. Everywhere you turn, inside and outside of sports, there is marketing for sportsbooks like FanDuel, DraftKings, PointsBet, BetMGM, WynnBet, BetRivers, Caesars and so on.McAfee, as an edgy and relatable personality, has proven to be an effective referrer of bettors to FanDuel. This is why they were so keen to back up the Brinks truck to retain him as gambling moves into higher-populated states such as New York and perhaps eventually Texas and California.
Other notable gambling deals involving sports media talent include Penn National Gaming buying Barstool Sports from The Chernin Group, and DraftKings doing a deal with Meadowlark Media’s “The Dan Le Batard Show with Stugotz” that was reportedly worth $50 million over three years.
Friday, December 10, 2021
Thursday, December 09, 2021
Monday, December 06, 2021
Wednesday, December 01, 2021
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