FanDuel

4th December 2020

Flutter details £1.1bn share placing for FanDuel deal

Flutter Entertainment has revealed the details of the cash-generating new share issue launched to raise £1.1bn towards its increased stake in FanDuel. The group that…

3rd December 2020

The Power of Loyalty

Loyalty programs could be an untapped goldmine for casinos as they take greater control of their online destinies. However, successfully leveraging these player databases is…

3rd December 2020

State of the Union: FanDuel, Canada, Colorado and more

This week’s State of the Union, in partnership with Segev LLP, includes Flutter’s pruchase of a further 37.2% of FanDuel, the Canadian Government’s decision to…

3rd December 2020

Flutter ups FanDuel stake to 95% in $4.18bn deal

Paddy Power Betfair and Pokerstars owner Flutter Entertainment has conditionally agreed to purchase a further 37.2% stake in US betting and daily fantasy sports brand…

30th November 2020

FanDuel expands NBA presence with Detroit Pistons deal

National Basketball Association (NBA) franchise the Detroit Pistons has signed up a second gaming partner of the day, pairing up with Flutter Entertainment-owned FanDuel Group.…

30th November 2020

Pennsylvania Gaming Dashboard – November 2020

Pennsylvania’s igaming vertical broke revenue records for the third consecutive month, while online sports betting GGR rose to a high of close to double the…

23rd November 2020

Iowa sports betting dashboard – November 2020

Iowa’s sports betting market scored a trifecta last month, breaking the previous records for online handle, online revenue and combined online and retail turnover. iGaming…

17th November 2020

FanDuel to invest in Illinois racetrack

Flutter Entertainment’s FanDuel Group has announced plans to make a multi-million-dollar investment in Fairmount Park Racetrack in Collinsville, Illinois. The financial terms of the arrangement…

17th November 2020

Tennessee punters stake $27.4m in first week of legal wagering

Bettors in Tennessee wagered $27.4m in the first seven days of legal mobile wagering, according to figures from the state’s Education Lottery, the body responsible for…

16th November 2020

Illinois betting handle doubles but revenue declines in September

Illinois sportsbook handle jumped 117.9% to $305.1m, as FanDuel and DraftKings saw large amounts wagered, but generated little revenue in September. Retail betting handle grew…

10th November 2020

Entercom acquires QL Gaming Group

Radio and broadcasting giant Entercom Communications has closed on the acquisition of sports data and igaming affiliate platform QL Gaming Group (QLGG) in a cash…

4th November 2020

FanDuel teams up with Evolution for live casino offering

FanDuel has selected live dealer giant Evolution to provide its live casino offering in the US. The deal will allow FanDuel to offer live casino…

3rd November 2020

FanDuel nets partnership with NBA’s Memphis Grizzlies

Daily fantasy and sports betting operator FanDuel has struck a new strategic partnership with Tennessee-based National Basketball Association (NBA) team, the Memphis Grizzlies. The multi-year…

2nd November 2020

Sports betting launches in Tennessee

Sports betting in Tennessee launched yesterday (1 November), with major operators such as DraftKings, FanDuel and BetMGM as well as the local Action247 launching their…