Tag Archives: FanDuel

FanDuel & DraftKings stakeholders agree on merger

SBC News FanDuel & DraftKings stakeholders agree on merger

Tech business news sources are reporting that leading US daily fantasy sports operators FanDuel and DraftKings are reaching a conclusive agreement with regards to a merger. Since October, the governances of the DFS operators have been in ‘fast track’ discussions with regards to creating an outright market-leading enterprise. On Wednesday, former ‘Fortune’ finance editor Dan Primack revealed that according to …

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FanDuel & DraftKings fast track merger plans

SBC News FanDuel & DraftKings fast track merger plans

US tech news sources are reporting that FanDuel and DraftKings are fast tracking merger plans, with their corporate governances ‘hammering out’ combined enterprise details for stakeholders and investors.   Last weekend, news broke that FanDuel and DraftKings governances had entered initial merger negotiations. Nevertheless, industry commentators quickly pointed to the pairs’ fraught relationship following years of hostile battle for outright …

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FanDuel & DraftKings heading towards imminent merger

SBC News FanDuel & DraftKings heading towards imminent merger

US tech news sources have reported that fierce daily fantasy sports (DFS) rivals FanDuel and DraftKings are heading towards an ‘imminent’ merger. Following a tough year of legal and regulatory battles for both operators, it has been reported this weekend that the leaderships of both firms are studying a potential merger to fully takeover the US DFS market. A FanDuel-DraftKings …

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DraftKings and FanDuel must pay $12m for deceptive advertising in NY

SBC News DraftKings and FanDuel must pay $12m for deceptive advertising in NY

Don’t mess with the NY general attorney’s office was the lesson from last night as the details of the settlement agreed with DFS operators FanDuel and DraftKings were revealed. A total of $12m (£9.8m), with an even split of $6m (£4.9m) from each, was the fee for the daily fantasy heavyweights for deceptive advertising practices employed by them last year.   …

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FanDuel adds late swap feature

SBC News FanDuel adds late swap feature

Following its UK launch last month, fantasy sports operator FanDuel has introduced a late swap feature to its one-day fantasy football contests. This gives players the opportunity to make last minute edits to their fantasy teams. FanDuel’s late swap feature is live for this weekend’s Premier League matches and will apply to all of its one-day and weekend contests that cover matches …

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Back in Town..DFS giants return to New York

SBC News Back in Town..DFS giants return to New York

Daily fantasy sports (DFS) has returned New York, as the state Gaming Commission this week granted five temporary permits. Under the permits, leading US fantasy sports operators FanDuel and DraftKings will be allowed to resume New York operations immediately ahead of the start of the 2016/17 NFL season (September 8) a key period for the DFS industry. “While the commission …

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Is it time for bookmakers to embrace fantasy?

SBC News Is it time for bookmakers to embrace fantasy?

Bookmakers are constantly on the lookout for new additions and features to both retain punters and attract new ones. This is ever trickier in an increasingly flooded marketplace. It’s one which shows no signs of clearing out too with numerous sportsbooks popping up this year from casino operators opening their own sportsbooks to the recent launch of Sun Bets. Real money …

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Karol Corcoran – FanDuel – London Calling

SBC News Karol Corcoran - FanDuel - London Calling

Karol Corcoran is the International Marketing Director at FanDuel. It’s an important period for the company with the EPL kicking off this Saturday and the debut of its new product built for the UK’s football fans.  We spoke to Karol about why they set about creating a product from the ground-up, marketing strategy and club partnerships. SBC: Tell us more …

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