75°F
weather icon Clear
Cleveland Cavaliers owner selling Detroit casino in $1B deal

The move marks the latest in billions of dollars in investments planned or underway by Gilbert and his companies in Detroit, where he has a major real estate presence. Other projects include a planned skyscraper and technology startups.

Caesars signs promotional betting partnership with NBA, NHL teams

The gaming giant announced Tuesday morning the partnership with Harris Blitzer Sports Entertainment, whose portfolio includes the NBA and NHL team as well as the Prudential Center. Financial details of the deal were not disclosed.

 
Microsoft co-founder, pro sports team owner Paul Allen dies

Paul G. Allen, who co-founded Microsoft with his childhood friend Bill Gates before becoming a billionaire philanthropist who invested in conservation, space travel, arts and culture and professional sports, died Monday. He was 65.

Mark Cuban donates $10M after workplace conduct probe

Dallas Mavericks owner Mark Cuban has agreed to contribute $10 million to women’s causes and domestic violence awareness as part of the NBA’s investigation into workplace conditions at his franchise. The league also says it will require staffing, reporting and policy changes for the Mavericks.