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CFOs Have a Secret Weapon for Fighting Off Uncertainty

CFOs Have a Secret Weapon for Fighting Off Uncertainty

Bloomberg27-04-2025
Welcome to CFO Briefing, a newsletter devoted to corporate finance and what leaders need to know. This week, I talked to finance chiefs about controlling the 'controllables' and connected with FanDuel parent Flutter's CFO Rob Coldrake.
But first, here are some other stories that caught my eye:
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FANDUEL SPORTS NETWORK APPOINTS DAMON PHILLIPS TO LEAD SOUTH, SOUTHEAST, FLORIDA AND SUN REGIONS
FANDUEL SPORTS NETWORK APPOINTS DAMON PHILLIPS TO LEAD SOUTH, SOUTHEAST, FLORIDA AND SUN REGIONS

Yahoo

time10 hours ago

  • Yahoo

FANDUEL SPORTS NETWORK APPOINTS DAMON PHILLIPS TO LEAD SOUTH, SOUTHEAST, FLORIDA AND SUN REGIONS

Phillips Brings 30+ Years of Digital Media and Sports Innovation Experience to FanDuel Sports Network SOUTHPORT, Conn., Aug. 4, 2025 /PRNewswire/ -- FanDuel Sports Network, owned and operated by Main Street Sports Group, today announced that Damon Phillips is joining the Company as Executive Vice President, Team Partnerships, effective August 25. In this role, Phillips will assume oversight of the South, Southeast, Florida and Sun regions, including partnerships with the Atlanta Braves, Atlanta Hawks, Carolina Hurricanes, Charlotte Hornets, Memphis Grizzlies, Miami Heat, Miami Marlins, Nashville Predators, Orlando Magic and Tampa Bay Rays. He will report to David DeVoe, President of Main Street Sports Group. "Damon brings an exceptional track record of using digital innovation, audience segmentation, and cross-platform strategies to drive fan growth and engagement," said DeVoe. "As we continue to invest in our local sports media platform, Damon's deep leadership experience at both NBC Sports and ESPN, combined with his ability to scale technology-forward solutions for both media companies and team partners, provide a unique perspective as we continue to focus on team-first solutions in a dynamic local media landscape." "I'm thrilled to be joining a company that's reshaping what local sports media can deliver for fans and partners," said Phillips. "FanDuel Sports Network has built a strong foundation and is uniquely positioned to harness the power of local fandom, scale engaged audiences and unlock new growth across its markets. I'm excited to help drive this next chapter." Phillips has spent more than three decades at the intersection of sports, media, and technology, including senior leadership roles at NBCUniversal and ESPN. At NBC Sports, he served as Senior Vice President, Digital Media & Emerging Businesses, overseeing Sports Betting, Fantasy Sports, the NBC Sports YouTube Channel, Peacock B2B distribution, and multiple podcast and streaming ventures. He led partnerships with DraftKings, BetMGM, Fanatics, and others, and provided strategic direction for the company's FAST and sports betting content initiatives. Earlier in his NBC tenure, Phillips served as SVP & General Manager of NBC Sports Washington, overseeing the regional network for the Washington Wizards, Capitals, and Commanders. His work there laid a strong foundation in optimizing team partnerships, experience that aligns directly with FanDuel Sports Network's strategic priorities. At ESPN, he held executive roles overseeing ESPN3 and WatchESPN, helping to scale live streaming, dynamic ad insertion, and multi-screen capabilities across thousands of events annually. Prior to that, Phillips held positions at DIRECTV, Disney, and the NBA. With the addition of Damon Phillips, FanDuel Sports Network's regional leadership team now includes Sarah Tourville (Midwest/Kansas City/Indiana, Southwest and West/SoCal) and Randy Stephens (Detroit, North/Wisconsin, and Ohio). All three executives report directly to David DeVoe. About Main Street Sports GroupMain Street Sports Group owns FanDuel Sports Network, the nation's leading multiplatform provider of local sports, offering fans widescale availability and optionality to view their local teams. FanDuel Sports Network serves as the local media partner and home to select MLB, NHL and NBA teams and produces over 3,000 live sports events year-round. Main Street Sports Group harnesses its powerful partnerships, in-house direct-to-consumer streaming product and innovative strategies to reach audiences and deliver programming seamlessly across streaming platforms, connected devices and leading pay TV providers. Its 15 owned-and-operated networks include FanDuel Sports Network Detroit, FanDuel Sports Network Florida, FanDuel Sports Network Kansas City, FanDuel Sports Network Indiana, FanDuel Sports Network Midwest, FanDuel Sports Network North, FanDuel Sports Network Ohio, FanDuel Sports Network Oklahoma, FanDuel Sports Network SoCal, FanDuel Sports Network South, FanDuel Sports Network Southeast, FanDuel Sports Network Southwest, FanDuel Sports Network Sun, FanDuel Sports Network West, and FanDuel Sports Network Wisconsin. Main Street Sports Group also has a minority interest in YES Network, the local destination for the New York Yankees and Brooklyn Nets. Contacts: For Orchestra:fdsn@ For FanDuel Sports Network: Whitney BurakWBurak@ View original content to download multimedia: SOURCE Main Street Sports Group, LLC Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

From Singapore, CFOs Provide Candid Commentary on Sustainability
From Singapore, CFOs Provide Candid Commentary on Sustainability

Bloomberg

timea day ago

  • Bloomberg

From Singapore, CFOs Provide Candid Commentary on Sustainability

Cost concerns are becoming more pressing as Trump's trade war puts company finances under strain. Plus, CapitaLand Investment's Paul Tham talks about the firm's push into private credit. By Save Welcome to CFO Briefing, a newsletter devoted to corporate finance and what leaders need to know. This week, I report from Singapore, where I spoke to finance chiefs about the outlook for sustainability. I also connected with CapitaLand Investment's CFO Paul Tham. But first, here's some other news that caught my eye:

FanDuel Promo Code: Bet $5, Win $150 For Sunday MLB Games
FanDuel Promo Code: Bet $5, Win $150 For Sunday MLB Games

Newsweek

timea day ago

  • Newsweek

FanDuel Promo Code: Bet $5, Win $150 For Sunday MLB Games

Start up a new sportsbook account with the FanDuel promo code and bet $5 on Sunday's MLB games to get a chance at $150 in bonus bets. Start up a new sportsbook account with the FanDuel promo code and bet $5 on Sunday's MLB games to get a chance at $150 in bonus bets. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. When you start up a new sportsbook account with the FanDuel promo code, you will have a chance to secure $150 in bonus bets with a winning $5 wager. Bet on MLB games like Astros-Red Sox or Tigers-Phillies for your chance to win the reward. Click here to sign up and claim this offer. The important caveat is that you must win your initial $5 bet to get the $150 in bonus bets. The good news is that new users will have plenty of betting options on Sunday. The aforementioned Astros-Red Sox and Tigers-Phillies games bookend the MLB schedule. Every team will be in action, and a $5 bet on any of them will be eligible to win your $150 in bonus bets. The Wyndham Championship also continues on Sunday, and there will be five WNBA games to bet on: Liberty-Sun, Mystics-Dream, Fever-Storm, Mercury-Sky and Valkyries-Aces. A $5 bet on any of those markets will work the same. As long as your initial bet is at least $5, you will get $150 in bonus bets if that initial wager settles as a win. FanDuel Promo Code Offer For MLB Sunday, More As noted above, you must win your $5 bet to get the $150 in bonus bets. Before you place that first bet, you should look around FanDuel Sportsbook at a wide range of markets to find one that you believe will settle as a winner. For one of Sunday's MLB games, you might want to look into some prop bets. Predicting the winner of a single baseball game is hard, no matter how lopsided the matchup looks on paper. A strikeout prop or hit prop might be the better choice. A winning $5 bet on any market for one of the WNBA games or the Wyndham Championship will also unlock your $150 in bonus bets. Once you find a bet you are comfortable with, place that wager and wait for it to settle to see if you win the reward. FanDuel Sportsbook In-App Offers The FanDuel Sportsbook app provides new users with plenty of in-app offers to take advantage of in addition to the welcome promo. These offers often include profit boosts for the biggest games of the day. These boosts are typically eligible for parlay wagers. You can take advantage of popular pre-made parlay markets within the FanDuel Sportsbook app or construct your own to get a profit boost with one of the in-app offers. Sign up before Sunday's action starts to maximize your chance at the $150 in bonus bets and claim in-app offers for MLB games, WNBA games and more. Claim FanDuel Promo Code Offer Click here and complete the steps to create your account to redeem your welcome promo. There is no need to enter a code, and you will just have to enter basic personal information (name, date of birth, address, etc.) to confirm your account. The next step is to make a first deposit to cover your initial $5 bet. This can be done with a credit card, debit card or many other secure payment options. The last step is to place your $5 bet and wait for it to settle to see if you win the $150 in bonus bets. If you win the bonuses, use them within seven days before they expire from your account. Newsweek may earn an affiliate commission if you sign up through the links in this article. See the sportsbook operator's terms and conditions for important details. Sports betting operators have no influence over newsroom coverage.

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