California’s top legal authority is moving forward in a push to rid the state of sweepstakes casino games. 

Attorney General Rob Bonta will introduce an opinion that would make all online fantasy sports platforms illegal in California, KCRA-TV reported.

The Golden State is not the first U.S. state to propose legislation that would eliminate the support or promotion of online casinos that operate in a sweepstakes-like fashion.

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California Attorney General Rob Bonta speaks to the media after graduation ceremonies for the School of Social Ecology at UC Irvine in Irvine, Calif., June 16, 2025. (Paul Bersebach/MediaNews Group/Orange County Register via Getty Images / Getty Images)

Louisiana and New York have presented proposals on the topic, while Connecticut and Montana have enacted laws that ban online fantasy sports operations.

LEGALIZING SPORTS BETTING IN TEXAS WOULD PAY HUGE DIVIDENDS, STUDY SAYS

The California Nations of Indian Gaming Association and Tribal Alliance of Sovereign Indian Nationals reportedly warned California lawmakers earlier this week about some fantasy sports operators potentially pushing to have their legal status changed in the state.

It remains unclear whether other types of online gaming will be affected as a result of these proposals and laws. In a legal sense, traditional fantasy sports vary from traditional online gaming. Online fantasy sports effectively require participants to play a game of skill, so courts have ruled it is legal.

The DraftKings logo (Pavlo Gonchar/SOPA Images/LightRocket via Getty Images / Getty Images)

Fantasy sports players typically select a team of real-life athletes from the NFL, MLB, NBA, NHL and other professional leagues and receive points based on the statistics of the athletes they picked.

According to KCRA-TV, the California Department of Justice’s opinion will likely be made public before the Fourth of July holiday.

Daily fantasy sports and skill-based sports gaming platform companies Betr, PrizePicks, Underdog Fantasy, Dabble and Splash Sports, make up the Coalition for Fantasy Sports. The group released a statement in response to the news of the anticipated legal opinion. 

FanDuel’s logo on a phone (Pavlo Gonchar/SOPA Images/LightRocket via Getty Images / Getty Images)

“We hope the attorney general’s office will consider the views of sports fans across the state before making a decision,” the coalition said in a statement to the station. “Californians have been playing daily fantasy sports games for more than a decade, and it is shocking to think that the state would suddenly take them away.”

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Fantasy sports in California date back to at least the early 2000s. It remains to be seen how the multibillion-dollar industry’s bottom line could be affected if legislation banning online fantasy sports is enacted.

Samsung has now set a date for its next Unpacked showcase, which is Wednesday, July 9. As well as some new foldable phones, we’re also expecting the launch of the Samsung Galaxy Watch 8 – and in the run up to the big day, there have been some intriguing leaks around the design of the smartwatch.

This will of course be the follow-up to last year’s Samsung Galaxy Watch 7, and it also looks as though we may get a Samsung Galaxy Watch Ultra 2 as well, after the original launched alongside the Galaxy Watch 7 in July 2024 (or perhaps just a new color – the rumors aren’t too clear, as yet).

Wearable Technology Market

The wearable technology market has transformed how consumers interact with devices, blending innovation with everyday life. These advanced gadgets-ranging from smartwatches to fitness trackers-offer real-time data, seamless connectivity, and personalized health insights. Wearable devices are now a core part of the consumer electronics ecosystem, empowering users to monitor their fitness, track vital signs, and stay connected on the move. With constant advancements in sensor technology and miniaturized computing, the adoption of wearables is expected to rise further, bringing convenience and health awareness to millions worldwide.

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Expert Market Research: Driving Innovation in the Wearable Technology Market

In a world where technology meets the human body, the wearable technology market thrives as innovation takes center stage. Expert Market Research highlights how this sector is transforming everyday routines into data-driven experiences, empowering users with smart insights at their fingertips. From fitness enthusiasts tracking every heartbeat to patients monitoring vital signs remotely, wearables are redefining convenience and care. As companies push boundaries with AI, flexible displays, and sustainable materials, wearables are evolving into personalized companions. With rapid growth ahead, industry leaders and fresh startups alike are set to keep wearables at the heart of the connected future.

Wearable Technology Market Size

The global wearable technology market reached a volume of 289.89 Million Units in 2024, showcasing the tremendous rise in consumer adoption of smart, connected devices. The market’s size reflects how wearables have shifted from niche gadgets to everyday essentials for millions worldwide. This surge is driven by demand for smartwatches, fitness bands, smart clothing, and health monitoring devices that seamlessly integrate into daily life. In urban areas, wearable technology has become synonymous with proactive health management, digital lifestyles, and convenience. The increasing affordability of smart wearables, combined with broader internet penetration and improved connectivity, has expanded the customer base across age groups and geographies. Wearables are now vital tools for individuals managing chronic conditions, athletes optimizing performance, and professionals seeking seamless connectivity. Enterprises are also adopting wearable solutions for workforce productivity and safety monitoring. As new players enter the market with innovative, budget-friendly devices, the market size is expected to broaden further, capturing emerging economies. The market’s scale underscores its position as a significant segment within the consumer electronics industry, with strong momentum heading into the next decade as healthcare, fitness, entertainment, and enterprise applications converge under one smart wearable ecosystem.

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Wearable Technology Market Trends

The wearable technology market is evolving rapidly, with trends pushing the industry into new dimensions. One key trend is the growing shift toward health-focused features-wearables now provide not just step counting but advanced metrics like ECG, blood oxygen monitoring, and stress tracking. Another major trend is the rise of smart textiles and body-worn sensors embedded directly into clothing, enabling discreet, continuous monitoring of vital signs without bulky devices. Companies are also increasingly integrating AI to deliver personalized recommendations based on real-time health data, transforming wearables into intelligent health companions. Sustainability is another significant trend, with brands investing in recyclable materials, longer-lasting batteries, and energy-efficient components to appeal to eco-conscious consumers. Additionally, the line between fashion and technology is blurring, as collaborations with lifestyle and luxury brands make wearables more stylish and mainstream. The expansion of IoT ecosystems and 5G connectivity is also shaping the future of wearables, enabling real-time data sharing and enhanced functionality. Together, these trends highlight how wearables are evolving from single-function devices into sophisticated, interconnected tools that redefine wellness, productivity, and lifestyle in the digital age.

Market Opportunities and Challenges

The wearable technology market holds vast opportunities, particularly in healthcare and remote patient monitoring. With the rise of telehealth, wearables can bridge the gap between patients and healthcare providers by offering continuous health data. In fitness and sports, smart apparel and advanced trackers provide real-time performance metrics for enthusiasts and professionals alike. However, the market also faces challenges such as data privacy concerns, high development costs, and battery life limitations. Companies must address these hurdles to maintain consumer trust and ensure long-term adoption across regions and demographics.

Segmentation of the Wearable Technology Market

Breakup by Component

Software

Service

Breakup by Product

Wrist-Wear

Eye-Wear and Head-Wear

Foot-Wear

Neck-Wear

Body-Wear

Others

Breakup by Technology

Computing Technology

Display Technology

Networking Technology

Positioning Technology

Sensor Technology

Others

Breakup by Application

Consumer Electronics

Healthcare

Enterprise and Industrial Application

Others

Breakup by Region

North America

Europe

Asia Pacific

Latin America

Middle East and Africa

Wearable Technology Market Growth

The growth of the wearable technology market is underpinned by technological advancements and a shift in consumer behavior toward connected health and fitness. Over the last decade, smartwatches and fitness trackers have become integral to daily routines, with users relying on them to track workouts, monitor sleep patterns, and receive health alerts. The pandemic further accelerated this growth by raising awareness of personal health monitoring and remote patient care, driving demand for medical-grade wearable devices. The increasing popularity of home workouts and digital fitness services also boosts the appeal of wearables that sync with apps for a more personalized fitness experience. Enterprise adoption is expanding too-companies are integrating wearable tech for employee safety, workforce tracking, and augmented reality solutions. Innovations like flexible displays, smart fabrics, and embedded sensors are unlocking new product categories, from smart shoes to biometric clothing. As more affordable options hit the market, adoption among middle-income consumers is rising rapidly. Government support for digital health and the growing role of wearables in preventive care contribute to sustained growth. The market’s strong double-digit CAGR reflects how wearables are moving from nice-to-have gadgets to must-have tools in a connected lifestyle.

Wearable Technology Market Forecast

Looking ahead, the future of the wearable technology market is promising, with projections indicating robust expansion. From a volume of 289.89 Million Units in 2024, the market is expected to grow at a CAGR of 17.00% between 2025 and 2034, reaching nearly 1393.45 Million Units by 2034. This forecast is anchored in rising consumer health consciousness and growing trust in digital health tools. As global populations age and chronic diseases become more prevalent, the demand for remote patient monitoring and proactive health tracking will intensify, positioning wearables as essential healthcare extensions. Rapid advancements in AI, miniaturization, and 5G connectivity will enhance device capabilities, allowing for real-time analytics, remote diagnostics, and seamless data sharing with healthcare providers. Emerging markets will also play a key role, as increasing internet access and affordable devices unlock new opportunities. Enterprise applications are forecast to expand too, from industrial safety to logistics and field operations. Moreover, smart textiles and new form factors are expected to diversify product offerings. All these factors suggest that wearable technology will become even more deeply embedded in everyday life, driving strong market growth throughout the next decade.

Competitor Analysis

The wearable technology market is fiercely competitive, with key players driving innovation, expanding product portfolios, and investing heavily in research and development to stay ahead.

Apple Inc.: Industry leader known for its premium smartwatches and health-focused wearable innovations.

Samsung Electronics Co., Ltd.: Offers diverse wearables with advanced health tracking and seamless device integration.

Fitbit, Inc.: Specializes in fitness bands and smartwatches with comprehensive activity and wellness tracking.

Xiaomi Corp: Delivers affordable smart bands and watches with strong market presence in Asia.

Alphabet Inc.: Parent company of Google, innovates wearables with AI and connected tech through Fitbit and Pixel devices.

LG Electronics, Inc.: Develops wearable products with focus on smart glasses and healthcare applications.

Huawei Technologies Co., Ltd.: Provides smartwatches and bands with long battery life and health monitoring.

adidas AG: Focuses on wearable tech for sports and performance tracking through smart apparel.

Google LLC: Expanding wearable ecosystem with AI-driven features and integration with Android devices.

Imagine Marketing Ltd.: Operates the boAt brand, offering affordable smartwatches and audio wearables.

Nike, Inc.: Invests in smart fitness wear and digital sports tracking solutions.

Sony Corporation: Innovates in smart eyewear and wearable audio products for consumers.

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With the new “F1: The Movie” now in theaters, Formula One owner Liberty Media is hoping Brad Pitt’s latest ride will drive greater interest in F1: The Sport, especially for American audiences. 

And no expense is being spared in pursuit of that goal.

The Apple original film follows Pitt as Sonny Hayes, a retired F1 driver who jumps back behind the wheel to help out the struggling APX team. With British seven-time world champion Lewis Hamilton as a producer, every aspect of the movie was shot to be as authentic as possible, with Apple reportedly agreeing to spend an eye-watering $200 million on the production. Filmed on real race weekends, with the fictional team set up on the circuits with their own pit garage, hospitality team, and uniforms, the cast and crew had an unprecedented level of access into the upper echelons of one of the most glamorous sports on earth.

But there’s a reason why Liberty Media has its foot fully on the floor: F1’s popularity in the world’s biggest sports market has started to lose some traction, just as it was building speed.

Slipstreaming

Shortly after Netflix’s “Drive to Survive” debuted, F1 viewership in the US exploded, doubling in the two years after 2020, with a quarter of F1 viewers saying they became fans from watching the show, per Nielsen Sports. The close championship fight in 2021, where Max Verstappen claimed his maiden victory in an epic last-race, last-lap overtake, only added more thrill-seekers to the fanbase during the pandemic. 

But with Red Bull’s Verstappen dominating the sport since then, F1’s TV viewership in the US has started to stall, plateauing over the last two years.

That slowdown comes at a critical time for the sport, as Liberty Media’s rights agreement with ESPN expires at the end of this season. Luckily, on-track competition has heated up this year, with new contenders like McLaren’s Oscar Piastri and Lando Norris challenging the dominance of Red Bull. That drama might persuade big players like Netflix, which has been deepening its forays into live sports, and Comcast-owned NBCUniversal to think about bidding for the rights.

Liberty Media clearly thinks it has a premium product on its hands, as The Wall Street Journal reports:

“[Liberty Media] has been shopping a rights package at around $150 million to $180 million a year beginning with the 2026 season, according to people familiar with the matter, though there isn’t an official asking price. That would be up to double what ESPN has been paying recently…”

At that price, it’s not clear how many bidders would be seriously interested — a potential problem for Liberty, which has invested heavily into its US races, and is reliant on media rights deals for roughly one-third of its revenue.

Box, box, box

For years, F1 was almost a niche sport by some standards, with a passionate and wealthy fanbase mainly centered in Europe under an owner who wasn’t bothered about attracting younger fans who didn’t “buy the articles that our sponsors sell.” 

Since Liberty Media took the wheel in 2017, however, ambitions to expand the sport’s appeal have gone full-throttle.

The “Drive to Survive” era brought Charles LeClerc fan edits on TikTok and a deluge of memes, but the series’ popularity also paved the way for a bigger US footprint, with new races in Miami and Las Vegas in 2022 and 2023 — ensuring that the US now hosts more races than any other country. With star-filled grids, American races have injected fresh glamor, celebrity, and, frankly, money into the sport.

Despite its success in the US so far, the opportunity for further growth remains huge.

The NFL brought in nearly 7x more revenue than Formula One last year, despite the motorsport having a staggering 825 million fans around the world. Even NASCAR, F1’s American cousin in the racing world, rakes in some $1.1 billion each year from its media rights deal.

Those sorts of figures are likely why Liberty decided to do things differently on the Las Vegas grand prix. The company splashed out some $500 million to prepare Sin City for the sport and promoted the event itself rather than outsourcing the work — a bet that seems to be broadly working so far. Last year’s race in November brought in a whopping $934 million in revenue for Liberty and, despite attendance slipping slightly from 315,000 in the inaugural year to 306,000, became Las Vegas’ largest annual event, one study found.

While “F1: The Movie” remains a high-stakes bet for the motorsport’s prospects of signing a major media deal, the long-lasting cultural impact could arguably be even more important.

Head over wheels

Since Liberty shifted F1’s rigid social media guidelines after the acquisition, fans have had greater access to the sport’s behind-the-scenes world and buzzy events, evidenced by the recent livestreamed 75th anniversary celebrations. It’s been paying off, too: F1’s official YouTube channel now has 12.6 million subscribers — the bulk of which have been added since the Liberty takeover, per Social Blade data.

Under Liberty, F1 has started to cement itself as a pop culture phenomenon rather than just a motorsport, with kids picking up Lego and Mattel toy cars and driver figurines; youngsters going to F1 exhibitions and playing branded games; and more high-rolling VIP guests splurging $5,000 and more on a “Paddock Club” experience with tours of the track and pit lanes.

Sponsors are recognizing the shift: one new deal with LVMH alone will bring the company more than $1 billion over the next decade, while tech giants are also jumping in the mix to try and associate themselves with F1’s sleek, high-octane image and new fan base. Indeed, the F1 group generated $634 million in sponsorship revenue for fiscal year 2024, roughly double what it made back when the motorsport was acquired by Liberty in 2017. 

Changing gears

With the latest approval of Liberty’s $4.6 billion (€4.3 billion) acquisition of MotoGP owner Dorna, the entertainment juggernaut is now turning its eyes on the motorcycling championship to test out its F1 playbook in the US again. MotoGP has only one American race, in Austin, Texas, just like F1 when Liberty acquired the sport eight years ago. It seems like, as far as the US goes, the company hopes its engine might just be getting started.

PALM HARBOR, Fla., June 27, 2025 /PRNewswire/ — CR Fitness Holdings, the nation’s fastest-growing franchisee of Crunch Fitness, is excited to announce its grand opening for their upcoming location, Palm Harbor, FL – its 59^th location in the state of Florida.

This $5 million state-of-the-art, brand new 55,000-square-foot fitness center is located at 35104 US Hwy 19 N in Palm Harbor.

Crunch Palm Harbor is a brand-new 3.0 location with a modern design that will provide a complete, upscale fitness experience with a focus on quality service. The center features top-of-the-line cardio and strength equipment including Olympic squat racks, a group fitness studio, hot studio for yoga and Pilates, pool, Cycle studio, boxing classes, performance turf, dry saunas, HydroMassage®, tanning, and the innovative HIITZone™. Whether you’re a beginner or a seasoned athlete, Crunch Palm Harbor accommodates a variety of fitness goals in a motivating, engaging and welcoming environment for the entire community.

The doors will officially open for workouts this Saturday June 28^th at 7am with a grand opening party from 10am-1pm. This celebration will feature a BBQ cook-out, lively party atmosphere, exciting promotions, vendors on site with prizes and giveaways – and most importantly, a look at everything Crunch Fitness has to offer! 

Through June 30^th, prospective members can go to CrunchPalmHarbor.com and take advantage of the Grand Opening Offer: Join for just $1 with $0 enrollment fees plus get their First Month Free, and save up to $60 annually! With memberships starting at $9.99 per month, there are plenty of options to meet everyone’s fitness goals.

“We’re so excited to bring Crunch Fitness to Palm Harbor and continue expanding in our hometown Tampa area,” said Tony Scrimale, CEO of CR Fitness Holdings. “This new location is an exciting step forward in our mission to offer high-quality, affordable fitness options to communities across the country.”

CR Fitness Holdings, LLC, led by industry veterans Vince Julien, Geoff Dyer, Tony Scrimale, and Jeff Dotson, now operates 86 Crunch Fitness locations across Florida, Texas, Georgia, North Carolina, and Tennessee – with plans to expand into Arizona. 

About CR Fitness Holdings, LLC
CR Fitness Holdings, LLC is the leading franchisee of Crunch Fitness, and led by a management team with over 150 years of combined experience in the fitness industry. CR Fitness is on track to operate 100 locations nationwide by 2026. The company’s expansion across the U.S. reflects its commitment to providing accessible fitness experiences that combine high-quality equipment, a fun atmosphere, and exceptional value.

About Crunch Fitness
Crunch is a gym that believes in making serious exercise fun by fusing fitness and entertainment and pioneering a philosophy of ‘No Judgments.’ Crunch serves a fitness community for all kinds of people with all types of goals, exercising all different ways, working it out at the same place together. Today, we are renowned for creating one-of-a-kind group fitness classes and unique programming for our wildly diverse members. Headquartered in New York City, Crunch serves three million members with over 500 gyms worldwide in 41 states, the District of Columbia, Australia, Canada, Costa Rica, Portugal, Puerto Rico, Spain, and India. Crunch is rapidly expanding across the U.S. and around the globe.

Media Contact:
Rich Merrill
SVP, Marketing – CR Fitness
[email protected]

SOURCE CR Fitness Holdings, LLC.