Tag: verizon

Betting boom gives unloved Yahoo new lease for life

Yahoo sports betting
No sooner had Verizon declared that sports betting would be the key to unlocking the potential of its dwindling subsidiary, Yahoo, than Apollo Global Management paid $5bn to take it off them and do exactly that.

Verizon to leverage 900 million users in market-marking betting bid

Verizon leverage users sports betting bid
Verizon hopes sports gambling will help it make good on old promises: both in forging a future for virtual reality in sports, and cross-selling its vast Yahoo Sports user-base into more lucrative activities

Telecoms giant surveys its slice of US betting markets

telecoms verizon
Telecoms company Verizon has said it, too, could be a new force in US betting markets, calling into question what role the gambling sector could end up playing should the leviathans of Silicon Valley decide to follow suit.   The New York-based phone company, with its 100 million subscribers, would make a formidable contender for US betting revenues. Having acquired Yahoo...

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