Tag Archives: FanDuel

Paddy Power Betfair enters Georgian market with Adjarabet acquisition

SBC News Paddy Power Betfair enters Georgian market with Adjarabet acquisition

FTSE100 Paddy Power Betfair (PPB) has expanded its reach into the Georgian regulated gambling market acquiring a 51 per cent shareholding in leading betting and gaming group Adjarabet. The initial cash consideration put forward for Adjarabet’s  majority shareholding totals £101m, with the UK operator granted first right to acquire the remaining 49 per cent within a period of three years. …

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FanDuel secures real-time automation with Fresh8

SBC News FanDuel secures real-time automation with Fresh8

Paddy Power Betfair (PPB) US subsidiary FanDuel has announced that it will optimise its full marketing suite utilising Fresh8 software. Updating stakeholders, FanDuel is set to integrate Fresh8 ‘machine optimised assets’ across its entire marketing/advertising inventory, operating across all active US state markets. The partnership will see the US betting operator move to significantly improve its audience engagement across programmatic, …

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Changing global dynamics see Paddy Power Betfair & Stars Group discuss giant merger plans

SBC News Changing global dynamics see Paddy Power Betfair & Stars Group discuss giant merger plans

The Sunday Times has this weekend reported that the governances of Paddy Power Betfair (PPB) and The Stars Group Inc held mutual talks in late 2018, discussing a ground-breaking merger. The two enterprises, which are competing to dominate global gambling’s new landscape disrupted by the repeal of US PASPA federal laws, multiple changes in European regulatory frameworks and the UK’s enforced …

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William Hill US settles content lawsuit against FanDuel

SBC News William Hill US settles content lawsuit against FanDuel

William Hill US has settled its copyright infringement lawsuit against FanDuel after the competing sportsbook operator distributed a near-identical “how to bet” guide at the Meadowlands Park Racetrack. It has been reported that the money received as part of the settlement will be used to fund the development of creative writing programs at universities across New Jersey, as well as initiatives …

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DraftKings launches first phase of its NJ online casino

DraftKings

DraftKings has launched the first phase of its NJ online casino platform, after a blackjack game for Android users was incorporated into the firm’s existing sportsbook app for The Garden State. According to Online Poker Report, more games will follow as the iOS client becomes available for Apple devices in the near future, but the operator has “no apparent plans …

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Product shrewd Paddy Power Betfair confident of future prospects

SBC News Product shrewd Paddy Power Betfair confident of future prospects

The governance of FTSE100 Paddy Power Betfair (PPB) is confident of delivering on its full-year corporate expectations, following a robust Q3 2018 trading period, in which the company has made significant progress on its US agenda. Publishing its Q3 2018 (period ending 30 September) trading update, PPB records a 12% increase in group revenues to £483 million, with PPB governance …

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New York judge rules against Daily Fantasy Sports

SBC News New York judge rules against Daily Fantasy Sports

An Albany judge has thrown the future of Daily Fantasy Sports into potential turbulence, ruling that gambling prohibitions in the state were being breached by the daily contests offered by DFS operators. The ruling contradicts that of a previous judge, who in 2016 outlined his belief that DFS sites fell under the umbrella of permitted games of skill, highlighting that …

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William Hill US enters legal battle with FanDuel over copyright allegation

SBC News William Hill US enters legal battle with FanDuel over copyright allegation

William Hill US has opened legal proceedings against competing sportsbook operator FanDuel, over alleged copyright infringement relating to a betting guide at the Meadowlands racetrack. The civil complaint filed by William Hill has outlined that the ‘How to Bet Guide’ distributed by FanDuel was identical to the Hill’s guide. One of the key passages in FanDuel’s guide features the wording …

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Regulus Partners – The legitimacy of Labour’s proposals

SBC News Regulus Partners - The legitimacy of Labour’s proposals

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. UK: Politics – Watson’s reforms more elementary than barking mad Britain’s gambling stakeholders were offered a vision of regulation under a Labour government this week as the party’s deputy leader, Tom Watson …

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