Tech news web site Techdirt reported earlier this week that Nevada Senator Harry Reid is attempting to attach a portion of the Stop Online Piracy Act to the USA Freedom Act as a favor to the UFC. Although the bill did not pass, there has been some criticism of Reid for “coat-tailing.” Essentially, Reid attempted […]
Zuffa
Standard & Poor’s revises Zuffa outlook to negative
The Standard & Poor’s Ratings Service has revised Zuffa, LLC’s financial outlook to negative from stable on weaker operating performance. It has indicated that it anticipates a 40% decline in EBITDA in 2014 and credit measures will weaken due to the decline. In a press release disseminated by S&P, it stated that the negative rating […]
Ultimate Poker closes due to lack of profitability
The Las Vegas Review-Journal reports that the Fertittas have closed down Ultimate Gaming and thereby shutter Ultimate Poker. After 19 months, the company indicated lack of profitability for closing down its business operations. The article stated that Stations Casinos is the majority owner of Ultimate Gaming. Online poker revenue “fell far short of once-lofty projections,” […]
UFC 179 Prelims: 536,000 viewers
UFC 178: Payout Perspective
Welcome to another edition of Payout Perspective. In this edition, we review UFC 178 which took place at the MGM Grand Garden Arena where Demetrious Johnson took on Chris Cariaso in the main event. Johnson outclasses Cariaso Despite the lack of fan support (i.e., PPV buys), Demetrious Johnson can legitimately stake a claim to being […]