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Six Kings Tennis Slam
Screenshot of the 6 Kings Tennis Slam promo video (courtesy of Sela via YouTube)

Saudi Arabia’s oil money is flooding into a new sport: tennis

Criticisms of “sportswashing” are only likely to intensify as Saudi Arabia pumps millions into the Six Kings Slam, the country’s latest big budget sporting event

Saudi Arabia’s oil boom has transformed deserts into glistening cities, reshaped the geopolitics of the region, upended the world of golf, turned Manchester City into a soccer superpower, and produced the foundation for one of the most ambitious — and expensive — development projects in history (Vision 2030). Now, that flood of capital is finding its way into the world of tennis with the Six Kings Slam, an exhibition tennis tournament featuring some of the biggest names in the sport, set to be held on October 16-19th in Riyadh.

The trailer for the event looks more like the promotion for a Marvel movie than a tennis tournament — at one point in the video world number 3 Carlos Alcaraz hits a backhand with such venom that it carves a tennis ball-shaped hole in his cyborg opponent. His rival — the world’s top-ranked player, Jannik Sinner — is seen carving a statue of himself out of stone with vicious serves, Rafael Nadal is depicted as a kind of clay warrior god... and the rest is frankly hard to describe.

So how did Saudi Arabia convince some of the biggest names in tennis to travel to Riyadh, in the middle of an increasingly gruelling tennis season, to play a tournament that offers no ranking points? The $1.5 million reported appearance fee, which each participant will receive even if they lose every match, certainly helps.

Prize money for Saudi Arabia tennis Six Kings Slam
Sherwood News

Indeed, the prize money that’s been reported is unheard of in tennis, with the winner set to take home $6 million. That’s ~60% more than the winners of the US Open or Wimbledon got over the summer, an achievement which required 7 match wins over two weeks.

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Prediction markets show “One Battle After Another” leads in Oscar race for Best Picture

It’s finally Oscars week — and with voting officially closed, all that’s left to do is count the ballots and wait to see who wins this Sunday night. 

This year, the acting categories have been the most interesting to watch, especially the showdown between “Marty Supreme” star Timothée Chalamet and “Sinners” actor Michael B. Jordan for Best Actor. While Chalamet was long the favorite, Jordan has caught up and overtaken him after winning the Actor Award.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

But perhaps the most exciting race of all is for Best Picture. Out of the 10 nominees, the two at the top are Paul Thomas Anderson’s “One Battle After Another” and Ryan Coogler’s “Sinners,” both of which are studio releases from Warner Bros. Discovery

Which will win the top prize seems to be split among award pundits and experts. As of Monday afternoon, Gold Derby still has “One Battle After Another” as the front-runner with odds of 76.87%. AwardsWatch, AwardsRadar, and Numlock Awards are also still predicting that “One Battle After Another” will take the statue for Best Picture.

On the other side, reporters from some major trade publications like Variety’s Clayton Davis and The Hollywood Reporter’s Scott Feinberg predict that “Sinners” will take the top honor.

Odds in the prediction markets currently show that “One Battle After Another” is still ahead of “Sinners,” with the former priced in at 75% while the latter is priced at 23%.

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