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Sportradar Forms Sportsbetting Partnership With MLB

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Via Legal Sports Report

“With regulated legal sports betting continuing to expand nationwide, the need for accurate and credible data remains high. To that end, Major League Baseball (MLB) landed a data partner Wednesday.

Three months after securing a similar deal with the National Basketball Association (NBA), sports data giant Sportradar announced “a wide-ranging, multi-year partnership” with MLB.”

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Famed Gambler Lyle Berman Is Betting Big On Esports

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Via Star Tribune

“Lyle Berman, a legendary Minnesota businessman and a member of the American Gaming Association’s Gaming Hall of Fame, is getting into the emerging esports gaming industry and is reuniting with one of his previous gaming businesses in his latest venture.

Berman, 77, a co-founder of Grand Casinos Inc., is using a special-purpose acquisition company based in Minnesota, Black Ridge Acquisition Corp., to buy two companies and form Allied Esports Entertainment.”

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T-Wolves Gaming Unveils New 3k Sq. Ft. ‘Practice Center’

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Via News Release

“On Tuesday, the Timberwolves unveiled practice facility plans for T-Wolves gaming, which will compete in its inaugural season in the NBA 2K gaming league in April. The T-Wolves gaming logo — designed by Rodney Richardson, who also designed the Timberwolves, Lynx and Iowa Wolves logos — also was revealed. The cost of the new facility wasn’t publicly disclosed, but the roughly 3,000-square feet facility will be “far superior to anything else that exists in the NBA 2K league,” Timberwolves and Lynx Chief Strategy Officer Ted Johnson said.”

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Fantasy Sports Company SportsHub Continues To Grow

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Via Star Tribune

“Fantasy sports is big business. Players spend more than $30 billion a year on gaming. The companies behind it make $7 billion a year. The leagues are now on their second or third generation of play — growing from 500,000 participants in 1988 to 59.3 million today in the U.S. and Canada, according to the Fantasy Sports Trade Association. In other words, the fantasy sports industry is here to stay, said Rob Phythian, CEO of SportsHub Technologies, a growing company in Minneapolis’ North Loop.”

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Minnesota Vikings Owners Intro New Investment Arm WISE Ventures

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Via News Release

“NEW YORK, Oct. 30, 2018 /PRNewswire/ — Minnesota Vikings Owners Mark & Zygi Wilf and the Wilf Family have formally launched WISE (Wilf Innovative Sports & Entertainment) Ventures, an investment fund based in Manhattan. Focusing on early and growth stage investment opportunities in the sports & entertainment and real estate industries, WISE Ventures has invested in multiple companies to date.”

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Q&A With Prevent Biometrics CEO Steve Washburn

Prevent Biometrics is one of Minnesota’s most ambitious (and well funded) sportstech startups out there.

Led by industry veteran Steve Washburn, the company is based on intellectual property sourced from the Cleveland Clinic to measure head impacts — a major concern right now for just about every contact sport there is.

Last week, the company made a key acquisition with X2 Biosystems patent portfilio tied to a wearable product; this brings us to an interview with Washburn on all things Prevent:

When, why and how did Prevent Biometrics start?

I was the CEO at Shock Doctor from 1994 – 2009 during which I learned a lot about mouth guards and grew the company to a market dominant position before selling to private equity (twice, actually).

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