Tag Archives: DraftKings

GeoComply secures Blackstone and Atairos as as debut investors

Geolocation and compliance developer GeoComply has secured Blackstone Growth and Atairos as its first minority institutional investments to support its continued expansion. The new partnerships will focus on accumulating institutional capital into GeoComply, to support the company in maintaining growth in its core markets as well as develop its expansion in new verticals and sectors. Although the terms of the …

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Sportsflare extends long-term partnership with GameScorekeeper

Tidal Gaming Group’s B2B esports odds provider Sportsflare has formed a production and distribution partnership with data provider GameScorekeeper. The long term agreement will see GamesScorekeeper distribute Sportsflare’s Ai-driven odds solutions to a range of sports betting clients –  including DraftKings and Pinnacle – whilst working to enhance the latter’s operations via the provision of integrity focused esports data. Sportsflare …

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Flutter mulls FanDuel IPO options against fierce US competition   

Flutter Entertainment has disclosed that it is weighing up options to list a ‘small shareholding’ of FanDuel on a US stock exchange as a means to accelerate its North American market profile. This weekend, the FTSE100 betting group released a statement detailing that it was evaluating its capital structure in order to help the company achieve its long-term growth objectives. …

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DraftKings revamps Aussie Rules DFS offering for new AFL season

DraftKings has launched its Australian Rules Football daily fantasy sports product for the Australian market, seeking to engage with wider audiences ahead of the upcoming Australian Football League (AFL) season on 18 March.  Kicking-off the AFL’s new season, DraftKings will host an exclusive opening night DFS competition featuring a top prize of AUS $85,000 (€55,000), the biggest player prize in …

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Winning Post: US tribes scrabble for market advantage

Regulus Partners observes that US wagering’s heritage stakeholders are playing unsustainable word games to maintain market advantages… __________ Among all the drivers shaping sports betting adoption in the US, a very important factor often left out of accumulating lists is grammar and the meaning of words. On one level the importance of what words mean to the evolving landscape is …

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Jason Ader launches ’26 Capital’ SPAC on Nasdaq NY

M&A developments continue apace in the US market, as ‘26 Capital Acquisition Corp’ filed its initial IPO offering with a listing this morning on the Nasdaq Capital Market. Trading under the ticker ‘ADERU’, 26 Capital is the new ‘special purpose acquisition company’ (SPAC) of billionaire gambling investor Jason Ader, who serves as the company’s CEO. Debuting on the Nasdaq exchange, …

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MGM confirms ‘compelling’ proposal for Entain shares

US casino giant MGM Resorts International has confirmed that it has proposed a merger with its US sports betting and igaming partner Entain plc, but has refused to say if a firm offer to acquire the company will follow. It has also been confirmed that the offer consists of 0.6 MGM shares for each Entain share, representing a value of …

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MGM Resorts makes moves to acquire Entain Group

US casino giant MGM Resorts is attempting to acquire the Entain Group, the new name for the recently rebranded GVC Holdings, according to the Wall Street Journal. Entain operates several global gaming brands, including Ladbrokes, Coral, Bwin, PartyPoker , SportingBet, Gala Bingo, Eurobet and Betboo, but is already a partner with MGM in the burgeoning US sports betting and gaming …

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MansionBet expands platform agreement with DraftKings B2B

DraftKings Inc has announced a major partnership renewal for its B2B technology unit (formerly SBTech) as Gibraltar-based Mansion Group renews and expands its existing platform arrangement. Updating stakeholders, Mansion Group confirms that DraftKings B2B will continue to serve as lead platform provider for its flagship MansionBet brand, servicing its lead software for online casino and sportsbook services. As lead technology …

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BOSE Digital: How fantasy sports differentiates itself from other sports products

Betting on Sports Europe - Digital

Speaking on the first day at the Betting on Sports Europe – Digital, Bjorn Fjellby, Co-founder of FanTeam, instructed delegates on how to effectively use fantasy sports as a complementary tool for sportsbooks to both acquire and retain customers. Taking part in a discussion entitled Reducing CPAs with Fantasy Sports, which was sponsored by Scout Gaming, Fjelby explained: “It’s a …

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