Tag Archives: Matt King

Matt King announces FanDuel departure ahead of US listing

Matt King, the CEO of Flutter Entertainment‘s FanDuel brand, has announced his intention to end his tenure as leader of the FTSE100 firm’s flagship US wagering unit.  King’s decision comes as Flutter continues to assess the possibility of listing a ‘small stake’ of FanDuel in the US, and the operator has acknowledged that the CEO’s departure ‘will affect the timing’ …

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FanDuel: Sports fans want experiences ‘radically different to traditional formats’

Appearing in the debut episode of the SBC Leaders Podcast, a podcast series that gets to know the people driving global gaming’s biggest developments, FanDuel CEO Matt King discussed the operator’s approach to developing sports betting in ‘radically different’ formats. Speaking to SBC’s Global Relationships Director, Kelly Kehn, King outlined how both the sports betting and sports broadcasting markets are …

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IGT secures major FanDuel retail sportsbook agreement

International Game Technology (IGT) has secured its biggest US wagering partnership to date, becoming the lead sports betting and igaming platform provider for FanDuel Group’s retail sportsbook properties until September 2024. The deal sees IGT expand its existing platform arrangement with FanDuel, which to date has covered nine US regulated states since 2018’s repeal of PASPA laws, including FanDuel’s flagship …

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Nigel Eccles sues Paddy Power Betfair for ‘purposely undervaluing’ FanDuel

US Tech news source Recode has reported that FanDuel enterprise co-founder Nigel Eccles (former CEO) is preparing to take Paddy Power Betfair (PPB) to court, regarding its $465 million takeover of FanDuel completed in July 2018. Eccles representatives have filed a Scottish court order against PPB, representing four of FanDuel’s enterprise co-founders; Nigel Eccles, wife Lesley Eccles (former CMO), Tom …

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Paddy Power Betfair confirms FanDuel merger for US expansion

Paddy Power Betfair and FanDuel have confirmed the creation of a new operator to the US market, merging its Betfair US brand with renowned daily fantasy sports operator FanDuel. The combination enriches the potential online betting experience in the US, and creates the largest online sports destination in the country, with a range of products and experiences for all sports fans. FanDuel …

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FanDuel & DraftKings revise future options for a changing US sports market

The two leading players in the US daily fantasy sports (DFS) market, FanDuel and DraftKings are reported to be assessing their future enterprise options. Last week US news source Axios detailed that New York and Edinburgh based FanDuel was in advanced discussions to ‘go public’, reviewing a potential ‘reverse merger’ with special investment vehicle Platinum Eagle Acquisition Corp. Platinum Eagle …

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FanDuel promotes Andy Giancamilli to COO

Daily fantasy sports (DFS) operator FanDuel has announced the appointment of Andy Giancamilli as new Chief Operating Officer. Originally joining the firm in 2015, Giancamilli will continue with his role as Chief Financial Officer. He will oversee FanDuel’s product and product operations teams in addition to overseeing financial operations, corporate financing, and company strategy. Giancamilli said: “There is incredible momentum across …

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Change of Scene…Nigel Eccles steps down as FanDuel leader

Issuing a corporate statement, New York and Edinburgh based daily fantasy sports operator FanDuel has confirmed that Co-Founder & Chief Executive Nigel Eccles will leave the company.   US tech news sources report that Eccles departs the DFS sector, to focus on a new venture within the burgeoning competitive eSports market. FanDuel governance informs that Eccles will be replaced by …

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