Sports & Entertainment Blog

Blogs January 31, 2020 2020 Super Bowl Observations

A discussion of the financial impact of the Super Bowl on the local and national economy.

Blogs November 13, 2019 Keynote Hits a Homerun at the Philadelphia Business Summit

Former MLB star Ryan Howard was the Keynote at the Philadelphia Business Summit where he discussed his post-baseball career, his venture capital firm, and how athletes can leverage their personal brands to enter the business world.

Blogs September 12, 2019 A Touchdown for Legalized Betting!

Thirteen states now have legal sports betting, and the number of companies investing or developing businesses in this area is on the rise.

Blogs August 02, 2019 Fortnite World Cup: A Big-Ticket Event

Huge prize money, strong competition, emerging celebrity – do parents start to encourage their kids to play more video games?

Blogs July 02, 2019 Tax Impact on U.S. Women’s National Soccer Team Players at the World Cup

The USWNT players will be faced with a myriad of both U.S. and international tax issues as well. Any income and prize money earned while playing in the World Cup will be taxed in the United States because U.S. citizens and residents must report thei…

Blogs June 28, 2019 MLS Gives Sports Gambling the Green Light

Major League Soccer is allowing clubs to sign sponsorship agreements with sports betting and liquor companies for their team jerseys and stadium naming rights. The new rules demonstrate a more lenient attitude toward liquor and sports betting sponsor…

Blogs May 23, 2019 Legalized Sports Gambling Celebrates One-Year Mark

Legalized sports gambling is celebrating its 1st birthday but the majority of states have yet to legalize sports gambling. Draft Kings and Fan Duel dominate mobile betting but more competitors will be coming. Where is sports gambling headed?

Blogs April 17, 2019 Investment Outlook: The Changing World of Personal Fitness

There has been a significant uptick in the amount of money being invested in the health and wellness market, particularly within urban communities, over the past few years. More affordable gym have taken over with millennials.

Blogs April 15, 2019 Professional Sports Teams Gain IRS Safe-Harbor Protection

Teams in every major sports league throughout the country were pleased to see the IRS issue favorable guidance last week around the treatment of player trades. This one of the many uncertainties created from the new law has now been resolved.