Drone Racing League lands $100 million take care of crypto platform Algorand

Drone Racing League

Source: Drone Racing League

The New York-based Drone Racing League has signed its most significant sponsorship agreement to date with the cryptocurrency platform Algorand, the company announced on Tuesday.

DRL is a first-person view racing league in which drone pilots race devices through neon-lit courses and compete for prize money. The company was founded in 2015 and is now valued at $ 200 million, according to PitchBook.

The terms of the deal with Algorand weren’t released, but people who knew about the deal told CNBC that it was a five-year pact worth $ 100 million. The league partner remains the German financial services company Allianz, which has held the title rights since the beginning of the DRL. Excel Sports Management has negotiated the deal with Algorand.

In an interview with CNBC last week, DRL President Rachel Jacobson called the pact with Algorand “transformative” and the “perfect marriage”. She added the crypto platform and DRL is aimed at a “tech-setter” fan base.

Jacobson described Gen Z audiences as digitally savvy, early adopters, “who are just as interested in an Apple iPhone launch as they are in sports and entertainment.”

“When you look at what’s going on with crypto and blockchain, you need to make sure you’re targeting the right audience,” she added.

Boston-based Algorand has a blockchain or digital ledger and is traded on the cryptocurrency exchange under the ticker symbol SOME. As crypto continues to evolve in the financial sector, companies are positioning themselves to attract more digital consumers by using sports sponsorship to create awareness.

This year, crypto companies took over the sport Naming rights assets in the National Basketball Association and Major League Baseball, and one company achieved a $ 100 million deal with Freedom media– own Formula 1.

Drone Racing League

Source: Drone Racing League

Jacobson, a former NBA executive, said sports help newer companies gain brand awareness, but added that crypto firms still need to educate younger audiences about the field and use engaging platforms to get their message across. According to DRL, it reaches around 75 million fans worldwide

“You have to put in the right programming so it doesn’t just be a logo slap,” Jacobson said. “The crypto community is too smart – they only see through a jersey patch or signage. They want to know, ‘How can I get involved? And how will that change my sports experience?'”

DRL starts its sixth season on September 29th. The league has media rights deals with NBCUniversal and a streaming deal with Twitter. miscellaneous Include sponsorships Agreements with Draft kings, T-Mobile, Body armor that US Air Force. DRL is helping the Air Force recruit and train future drone drivers.

Drones used in racing events are designed and built by DRL who build models for each race. The drones are worth around $ 2,000 and can fly up to 90 miles per hour.

The global drone market – described as the “Unmanned Aerial Vehicle” sector – is expected to become $ 58 billion by 2026, by markets and markets. Since DRL also acts as a drone manufacturer, Jacobson said it wants to use products to generate more revenue.

“The possibilities are endless,” Jacobson said, noting that more and more companies are testing deliveries with drones. “We build our drones and when we think of other lines of business it could be anything. We’re just getting started.”

Correction: This article has been updated to reflect the year DRL was introduced.

Disclosure: NBCUniversal is the parent company of CNBC.

Hronis Racing Main Del Mar Proprietor For Races And Cash Gained – Horse Racing Information

Hronis Racing of Kosta, Stephanie and Pete Hronis of Delano, California were the leading owners at the 2021 Del Mar Summer Meet in terms of both money won and number of wins on the Del Mar, California coastal track.

This is the sixth time the Hronises have been the leading owner of Del Mar for the money won. They did it previously in 2019, 2018, 2017, 2014, and 2013.

Hronis Racing made $ 1,020,440 during the season, a large portion of that – $ 600,000 in fact – when their horse Tripoli won the TVG Pacific Classic on August 21. Hronis Racing also had eight wins, the most from all owners.

Second in cash were Red Baron’s Barn and Rancho Temescal for $ 499,951. Third was Reddam Racing for $ 442,140.

Nick Alexander and Kaleem Shah finished second in the victory division with seven first places each.

owner Starts 1 purses
Hronis Racing 37 8th $ 1,021,440
Red Baron’s Barn & Rancho Temescal 48 5 $ 520,852
I will be returning to racing 42 5 $ 442,140
Downstream racing 16 6th $ 424,890
LNJ Foxwoods 16 4th $ 406,320
Gary barber 39 6th $ 395,740
SF Racing, Starlight Racing, Madaket Stables,
Masterson, Stonestreet, Schönfarber, Waves Edge Capital,
Donovan, Golconda & Siena Farm
11 5 $ 393,200
Nicholas B. Alexander 25th 7th $ 392,800
My racehorse & Lavish farm 5 2 $ 316,500
CRK stall fifteen 5 $ 292,580
Kaleem Schaha 7th 3 $ 233,332
Willow Grace Farm & Petersen 2 2 $ 222,000

Columbus Exposition and Racing Contracts With Caesars Leisure to Develop On line casino and Racetrack in Nebraska

Columbus, Neb., July 2, 2021 / PRNewswire / – Columbus Exposition and Racing (CER) and Caesars Entertainment, Inc. (NASDAQ: CZR) announced today that CER has appointed Caesars Entertainment to build and operate a Harrah’s casino and race track in. selected Columbus, Nebraska.

“We are happy to welcome Harrah’s Nebraska, “said Tom Jackson, Managing partner of CER. “When looking for a casino operating partner, Harrah’s brand awareness and established code of conduct was an easy choice with its employees, customers and the communities in which they operate, along with their excellent rewards program and marketing team, and strong entertainment network “and premium gaming experience are the right boxes for this partnership.”

Jackson continues, “As we work to create a new entertainment destination for the Midwest, this partnership will become a major economic engine and job creation for us Columbus and the surrounding communities. It also reinforces our commitment to the hard working people who participate in the Nebraska Horse racing industry. We look forward to bringing new gaming and entertainment experiences to our valued customers. ”

The approximate $ 75 million Casino development conveniently located on Highway 81 in Columbus, is expected to feature a new 1-mile horse race track, 40,000 square foot casino and sports betting with more than 400 slot machines and 20 table games, as well as a restaurant and retail space. Completion of the property is planned for the end of 2022.

“When Nebraska voters started racing on the racetrack, we knew that our experience in the casino industry combined with our dedication to horse racing made Harrah’s perfect,” said Harrah Tom Reeg, CEO of Caesars Entertainment. “We look forward to having a whole new Harrah’s experience in Columbus and connect it to our Caesars Rewards network across the country. “

“Beyond the beginning of casino gambling in Nebraska, we are excited about the opportunity to turn horse racing into Columbus, “said Joe Morris, Senior Vice President Racing at Caesars Entertainment. “The opportunity to build a new, first-class race track on our property shows our commitment to the racing industry and our intention to continue the region’s long-standing racing tradition.”

Live Horse Racing was part of the Columbus Community for more than 75 years. CER board members Tom Jackson, Dan Clarey, Russell Placzek, Chad Sucha and Dennis Hall have been running live racing and simulcasting in Ag Park since 2013. Columbus and the surrounding counties continue to support live racing with blanket races sponsored by local businesses, class reunions, and memorials.

About Columbus Exposition and Racing, Inc.
Columbus Exposition and Racing, Inc. (CER) was founded in 2013 and is not for profit Columbus Company dedicated to the future of horse racing Columbus and Nebraska.

About Caesars Entertainment, Inc.
Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino entertainment company in the United States and one of the world’s most diversified casino entertainment providers. Since its inception in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through new resort development, expansions, and acquisitions. Caesars Entertainment, Inc. resorts operate primarily under the brand names Caesars®, Harrah’s®, Horseshoe® and Eldorado®. Caesars Entertainment, Inc. offers a variety of gaming, entertainment and hospitality amenities, unique travel destinations, and a full range of mobile and online gaming and sports betting experiences. Tied to its industry-leading Caesars Rewards loyalty program, the company is focused on creating value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment as part of its PEOPLE PLANET PLAY framework. Know When to Stop Before You Begin.® Gambling Problem? Call 1-800-522-4700. For more information, please visit. www.caesars.com/corporate.

SOURCE Caesars Entertainment, Inc.

Native kindergarteners racing to boost cash for fellow classmate

PEORIA, IL (WMBD) – Kindergarten teachers attempt to raise money for their classmate who is being treated by a partner in St. Jude.

Students from St. Mark’s School in Peoria took part in the fifth annual “Trike-a-thon”. The goal is to circle the track as much as possible in 10 minutes.

A preschool teacher, Andrea Whitten, said it was the first such event since the pandemic, and this year was especially significant because of one of her students, Tucker Jones.

St. Mark’s School students take part in the 5th annual “Trike-a-thon”.

“This year is very special because one of my students is treated at the subsidiary in St. Jude. So it’s a little more when our friends have a face that they know is getting help and trying, strong and to get well.” said Whitten.

St. Mark’s students have already raised more than $ 3,500. For more information about Tucker and how you can help, see #TuckerTough on Facebook.

Biden surgeon common decide says U.S. racing to adapt towards new Covid strains

Vivek Murthy, named U.S. Surgeon General by President-elect Joe Biden, speaks as Biden announces his team tasked with fighting the Covid-19 pandemic at The Queen in Wilmington, Delaware on December 8, 2020.

Jim Watson | AFP | Getty Images

WASHINGTON – President Joe Biden’s surgeon general said Sunday that the United States is in a race to adapt against the mutant coronavirus, which has spawned a number of potentially more infectious variants of Covid-19.

“The virus is basically telling us that it will keep changing and we need to be prepared for it,” said Dr. Vivek Murthy during an interview with ABC News’ This Week.

“We need to be number one, do much better genome monitoring so we can identify variants when they arise, and that means we need to double up on public health measures like masking and avoiding indoor gatherings,” Murthy said Biden’s candidate for the nation’s next surgeon general, he added.

He also called for an emphasis on treatment strategies as well as further investment in testing and contract tracking methods.

“So the bottom line is we’re in a race against these variants, the virus is going to change and it’s up to us to adapt and make sure we stay ahead,” said Murthy.

The director of the Centers for Disease Control and Prevention Rochelle Walensky said the US is stepping up surveillance to monitor variants of Covid and its impact on the effectiveness of vaccines and therapeutics.

“I would say we were in one race the whole time,” Walensky told Fox News on Sunday. “The more viruses out there, the more viruses replicate, the more likely we are to have mutations and variants.”

On Friday, UK Prime Minister Boris Johnson said the new variant, known as B.1.1.7, was linked to higher mortality rates. When asked, Murthy said the US needs more data on the UK variant before making the same decision.

Dr. Anthony Fauci, Biden’s top medical advisor on Covid-19, told CBS New “Face the Nation” on Sunday that the US “has every reason to believe” that the UK government is claiming the variant is more deadly.

“We must now assume that what was predominantly floating around the UK has some increase in what is known as virulence, especially the virus’ ability to do more harm, including death,” Fauci said, adding that the US will do so I want to keep access to UK health records.

Preliminary analysis of the mutant strain, first identified in the UK, suggests that it could be the culprit for the UK’s top in some cases. Johnson previously said the new variant could also be up to 70% more transferable. The UK government has also confirmed that another infectious variant of the coronavirus has been identified in South Africa originated in the UK.

Continue reading: 5 things to know about the spread of the new strain of Covid in the UK

Last month, Colorado announced the nation’s first fall of the new and potentially more infectious strain of Covid-19. The Centers for Disease Control and Prevention warned last week that the British variant, already circulating in at least 10 states, could become the dominant variant in the US by March.

Fauci warned on Sunday that the Covid-19 vaccines are currently on the market may not be as effective against new strains of the coronavirus identified in the UK, South Africa and Brazil.

“We’re going to look at this and monitor it very, very carefully as these things move on,” said Fauci, adding that the Biden government was already planning to modify the vaccines.

“We don’t have to do this now, but the best way to prevent these mutants from developing further is to vaccinate as many people as possible with the vaccines currently available,” he said.