Sep 6, 2018

CBS launches first-ever sports gambling show on its streaming network

Screen shot from CBS Sports HQ

CBS announced Thursday that it's debuting its first-ever show dedicated to sports gambling, called "SportsLine Edge," on its 24/7 over-the-top streaming network — CBS Sports HQ.

Why it matters: CBS is looking to capitalize on the Supreme Court's decision last May to allow states to engage in legal sports gambling by highlighting its expertise in sports picks and projections.

"The ruling we think is definitely [an] interesting [and] exciting opportunity for us. We don't think its going to be an immediate change, but we think it's going to be gradual and localized and will roll out slowly. The show and these investments play into that opportunity for us."
— Jeff Gerttula, Executive Vice President and General Manager for CBS Sports Digital

The details: The show will air live on CBS Sports HQ on Monday and Thursday evenings and weekends to start, but will air live every day in the coming weeks.

  • The purpose of the show is to give sports fans, fantasy players and line bettors content that will make them smarter about the games they’re investing in. Gerttula says the show will be projections focused, helping people understand data around matchups.
  • The show will be hosted by Nick Kostos and will feature former oddsmaker Todd Fuhrman. It'll also include SportsLine experts Hank Goldberg, Kenny White, Micah Roberts and Kelly Stewart, as well as additional CBS Sports Digital writers and analysts.
  • Gerttula said it's focus will be on the "invested fan." While Vegas-centric entities, such as MGM, are using live play-by-play data to offer bets on immediate action in games, CBS' programming will focus on betting lines.

The backdrop: The network launched for betting and picks-related content in 2015, and has since launched other tools, like a popular office pool manger product, due to the success of their sports betting content.

Go deeper: Media companies could score on sports betting decision

Go deeper

Trump to end Hong Kong’s special trade status

President Trump. Photo: Win McNamee/Getty Images

President Trump announced on Friday that the U.S. would be fundamentally changing longstanding policies toward Hong Kong as a result of Chinese encroachment on the city's autonomy.

Why it matters: Trump said he would be effectively ending the special trade status that has allowed Hong Kong to flourish as a gateway to the Chinese market. That leaves an uncertain future for businesses that operate in Hong Kong, not to mention the city's 7 million residents, and could be met with reprisals from Beijing.

Updated 48 mins ago - Politics & Policy

Police officer in George Floyd killing charged with third-degree murder

A protester with a sign with George Floyd's last words. Photo: Stephen Maturen/Getty Images

Derek Chauvin, the Minneapolis police officer involved in the killing of George Floyd, was charged Friday with third-degree murder and manslaughter, according to Hennepin County Attorney Mike Freeman.

The state of play: Freeman said that the delay in Chauvin's arrest, which came four days after Floyd's death on Monday, was due to the need to collect sufficient evidence — and that it was "by far the fastest" his office had charged a police officer. He added that he also anticipated charges against the other three officers involved in Floyd's arrest and death, but refused to elaborate.

Updated 48 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 3 p.m. ET: 5,871,347 — Total deaths: 362,554 — Total recoveries — 2,463,332Map.
  2. U.S.: Total confirmed cases as of 3 p.m. ET: 1,731,035 — Total deaths: 102,201 — Total recoveries: 399,991 — Total tested: 15,646,041Map.
  3. 2020: North Carolina asks RNC if convention will honor Trump's wish for no masks or social distancing.
  4. Supreme Court: Senators Grassley, Leahy urge Supreme Court to continue live streams post-pandemic.
  5. Public health: Hydroxychloroquine prescription fills exploded in March —How the U.S. might distribute a vaccine.
  6. Business: Fed chair Powell says coronavirus is "great increaser" of income inequality.
  7. 🚀 Space: How to virtually watch SpaceX's first crewed launch Saturday.