The newly formed FanDuel Group (Betfair US + FanDuel) has confirmed that it will utilise IGT Group systems as its lead sports betting technology provider for the regulated state of New Jersey. FanDuel Group, the strategic US subsidiary of FTSE100 betting firm Paddy Power Betfair (PPB) has chosen IGT as its lead sports betting platform supplier, servicing its New Jersey …
Read More »
US news source Axios has reported that DFS operator DraftKings targets a further $150-200 million funding round, seeking to accelerate its US sports betting proposition. The news of DraftKings’ planned funding round, comes as the Boston-based enterprise, today confirms that it has officially filed its application for a New Jersey state sports betting license. Furthermore, this June saw DraftKings announce …
Read More »
Paddy Power Betfair (PPB) stateside subsidiary Betfair US has disclosed that it will become the lead retail and digital betting systems and provisions supplier for Meadowlands Racetrack (New Jersey) and Tioga Downs (New York). Under the agreements, Betfair US will provide a full suite of sports betting products to customers in New Jersey and New York pending legislative and regulatory authorization. The agreement sees Betfair US …
Read More »
FTSE100 betting group Paddy Power Betfair (PPB), has confirmed that it will create a new US-facing subsidiary, joining forces with daily fantasy sports operator FanDuel. Updating the market this afternoon, PPB governance confirms that it will merge its Betfair US division with FanDuel’s enterprise, as the company seeks to accelerate its position within the newly opened US market. The new …
Read More »
Presenting his first trading updating as Paddy Power Betfair (PPB) Group Chief Executive Peter Jackson has prioritised ‘returning growth to Paddy Power operations’. Updating investors on a successful full-year 2017 performance, in which PPB outperformed its market expectations, Jackson sets a high bar for PPB executives in 2018. Jackson praised PPB development teams for delivering the group’s combined platform system …
Read More »
NYX Gaming Group has unveiled the latest deal regarding its Open Gaming System (OGS), after agreeing to integrate into Finnish operator Paf. The supplier to casino, sportsbook, lottery and bingo operators worldwide will provide content to customers of Paf, who primarily serve players in Finland, Estonia, Sweden and Spain. A variety of proven proprietary content from the four in house …
Read More »
NYX Gaming Group is to strengthen its position within the United States market, courtesy of an agreement to integrate its Open Gaming System (OGS) with Betfair US. The supplier of casino, sportsbook, lottery and bingo to operators around the globe, will grant Betfair US access to its full suite of NYX OGS content available in the New Jersey iGaming market. …
Read More »
Today will see Betfair US launch its first stage exchange wagering service for New Jersey in partnership with state licensed racing operator Monmouth Park. The Paddy Power Betfair (PPB) US subsidiary will likely launch a limited market service due to the paucity of live racing events. In April Betfair US announced that it had been granted permission to launch its …
Read More »
FTSE listed Betfair has achieved a significant breakthrough for its US operations, by gaining the first ever exchange wagering license granted by the New Jersey Racing Commission (NJRC). Betfair US in partnership with Darby Development the racetrack operator of Monmouth Park had its wagering exchange services granted approval by the New Jersey Sports & Exposition Authority (NJSEA). Following a review …
Read More »
Betfair have agreed an exclusive promotional and marketing partnership with Live Nation Entertainment. The partnership will see Betfair US’ New Jersey focused online casino and sportsbook promoted at Live Nation events in the state of New Jersey. Betfair US announced its new player rewards system, in partnership with Live Nation. Customers of the operator will be able to play for …
Read More »
SBC News Voice of the Sports Betting Industry