Newest Billionaire Comes from Sports Betting / March Madness is Back

Scott and Eben discuss one of the business world’s newest billionaires, DraftKings co-founder Jason Robins, who is now worth more than $1.2 billion because of the company’s dramatic growth as a public company. They also discuss the money behind March Madness, the NCAA’s main revenue driver; new technology helping arenas re-open to fans; and China’s offer to vaccinate athletes for both the 2021 Summer Olympics in Tokyo and the 2022 Winter Games in Beijing. 'Sporticast' is a new podcast hosted by business journalists Scott Soshnick and Eben Novy-Williams from Sportico that will deliver the inside scoop on the intersection of money and sports. From billion-dollar valuations to team sales, sponsorship contracts and media rights, go behind the scenes on the deals that power the global sports economy. For more coverage and information, be sure to check out sportico.com Learn more about your ad choices. Visit megaphone.fm/adchoices