Tag Archives: FanDuel

Flutter continues to feel the effect of FOBT ruling during Q3

Flutter Entertainment Plc, has seen its total group revenues jump by 9% during Q3, despite its retail division continuing to feel the effects of the changes in fixed odds betting terminals (FOBT) legislation implemented earlier this year. Publishing its interim report for the three months ended 30 September 2019, Flutter Entertainment disclosed a 9% year-on-year decline in retail revenues, down …

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International operators vie for Sportsbook of the Year prize at SBC Awards

Industry powerhouse bet365 will be hoping to make it six in a row when the winner of the Sportsbook of the Year prize is announced at the SBC Awards 2019, but it must see off strong international competition to do so.  The victors of all 41 SBC Awards will be unveiled in front of an audience of more than 700 …

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Meadowlands maintains NJ edge in record month for betting

Meadowlands

Online sports betting sites licensed through Resorts and the Meadowlands combined for more than $24 million of the $29.4 million in revenues made in New Jersey (NJ) last month, as the state smashed its previous record for total wagers. The state fell just short of $375 million for online sports betting handle in September, beating the previous best of $298.3 …

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William Hill US CEO to feature in Official Sports Betting Guide to G2E

sports betting guide

Live streaming of sports will be key for in-play betting in America, according to William Hill US CEO Joe Asher.  In an exclusive interview in the Official Sports Betting Guide to G2E, produced by SBC Magazine, Asher revealed: “I think live streaming for in-play is going to be really big in the US – one of the big opportunities in …

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Paddy Power launches DFS vertical in time for NFL kick-off

Paddy Power has launched a Daily Fantasy Sports vertical ahead of the start of the 2019 NFL season (kick-off: 5 September). The bookmaker said that its DFS product has been developed in partnership with Flutter Entertainment group subsidiary FanDuel and will be made available to UK and Ireland customers. The Paddy Power DFS vertical’s gameplay will be based on a …

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FanDuel founders renew $120m compensation claim against Flutter Entertainment

Nigel and Lesley Eccles, the enterprise founders of US fantasy sports operator FanDuel are reported to be renewing their legal challenge against Flutter Entertainment Plc (formerly Paddy Power Betfair), in relation to the FTSE firm’s $465 million takeover of FanDuel completed in July of last year. The husband and wife team are joined by FanDuel co-founders’ Tom Griffiths (former CPO) …

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FanDuel lands home-run MLB partnership

Major League Baseball (MLB) has announced it has struck a deal with fantasy sports provider and sportsbook operator FanDuel to become the league’s official gaming partner.  The multi-year deal authorises FanDuel to use official MLB data, as well as granting the company access to use the logos of both the team and the league across its online sports betting products …

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Flutter sees 24% drop in profits bitten by global regulatory demands

Flutter Entertainment Plc, the rebranded entity of Paddy Power Betfair, has seen its interim H1 2019 profits before tax drop by 24%, as FTSE100 betting group cites changes in regulations and taxation as the lead factor in its year-on-year performance decline. Operating its enlarged portfolio of Paddy Power, Betfair, FanDuel (US), Sportsbet (AUS) and the recently acquired Adjarabet (CIS), Flutter saw …

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FanDuel forms exclusive content & data partnership with fuboTV

Paddy Power Betfair US sports betting and daily fantasy sports subsidiary FanDuel Group has formed a ‘first-of-a-kind’ partnership with digital sports streaming platform fuboTV. The partnership sees FanDuel become the exclusive wagering and gaming partner of fuboTV, as FanDuel’s brand, products, data and content gain special coverage across all fuboTV channels. In addition, the partnership maintains a ‘carriage agreement’, which …

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Paddy Power Betfair shareholders back ‘Flutter Entertainment’ rebrand

Paddy Power Betfair shareholders have backed the group’s proposition to rebrand as Flutter Entertainment, as confirmed as part of an annual general meeting for the operator. The Paddy Power Betfair chairman, Gary McGann, has confirmed that a 99.8 per cent majority of shareholders voting by proxy backed the move to rebrand the group, as it seeks to reflect the group’s …

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