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Legal
February 6, 2024
Former DraftKings Executive Challenges Non-compete Policy in Court
A former DraftKings executive is challenging non-compete agreements he signed with his employer. The legal case, filed by Michael Z. Hermalyn, Fanatics VIP’s president and former senior vice president of growth at DraftKings, was filed Thursday. In his lawsuit, the executive argues that the non-compete policies he agreed to with his former employer are unenforceable […]
Industry
January 22, 2024
Fanatics Betting and Gaming Hits the Pennsylvanian Market
Fanatics Betting and Gaming announced that its Fanatics Sportsbook and Casino brand is finally live in Pennsylvania. Former PointsBet customers will be automatically migrated to the new platform. As per the local rules, the operator will first undergo a two-day soft launch period under the supervision of the Pennsylvania Gaming Control Board. However, Fanatics explained […]
Casino
January 19, 2024
Fanatics Hints at Launch of Online Casino in Pennsylvania Next Week
In November, residents of West Virginia gained access to Fanatics’ online casino. This marked the debut of the brand for the online casino vertical and its existing PointsBet users were given instructions on how to access their account with the operator. The launch was achieved after last year, Fanatics agreed to acquire PointsBet’s US-facing assets. […]
Business
December 18, 2023
Fanatics May Be Positioning Itself to Go Public in 2024
The potential public offering comes on the heels of two investor days this year, fueling previous market rumors suggesting a possible IPO debut for the Florida-based merchandise and media giant. The company’s successful foray into sports betting highlighted its successful diversification efforts as it built upon its partnerships with high-profile leagues like the NFL, NHL, […]
Sports
December 12, 2023
Ohio Faces Backlash Over Proposed Sports Betting Restrictions
The Ohio Casino Control Commission (OCCC) recently unveiled a proposal to limit the connection between sportsbooks’ promotional offers and non-gambling transactions. Fanatics Sparks Regulatory Debate in Ohio Over Sportsbook Bonus Bets The commission’s draft regulations made public on November 9, aim to address concerns raised during an exchange between the OCCC and Fanatics in May. […]
Sports
December 6, 2023
Fanatics Sportsbook Launches in Colorado as 8th Available State
The move comes following the acquisition of the PointsBet assets in the state, allowing Fanatics Sportsbook to use the infrastructure that is already in place and secure a firm foothold in the state. PointsBet Users Can Transition to Fanatics with Same Login Details Effectively, sports fans can now download the dedicated iOS and Android apps […]
Sports
November 17, 2023
Fanatics Confirms Sportsbook Launch in West Virginia
The global digital sports platform, Fanatics Holdings, announced that its subsidiary, Fanatics Betting and Gaming, rolled out its sportsbook for the regulated gambling market in West Virginia. Announced Thursday, the launch promises the most rewarding online sportsbook in the state, offering supreme entertainment and experiences. Thanks to the launch, Fanatics Sportsbook is now available for […]
Business
November 13, 2023
Paysafe Supplies Card Payments and AMPs to Fanatics
Leading payments specialist Paysafe has unveiled a new partnership arrangement with Fanatics Betting and Gaming. Under the deal, the former company will supply the operator with traditional card payments and alternative payment methods (APMs). Paysafe offers unique API-based solutions through a single, streamlined integration and will provide Fanatics Sportsbook with a number of deposit and […]
Industry
October 4, 2023
NY Regulator Approves Fanatics as the Successor of PointsBet’s License
Earlier this year, Fanatics Betting and Gaming acquired PointsBet’s US assets as the latter company announced its exit from America. The latter company sold its US-facing business for $225 million, which it plans to use to fatten up its cash reserves and pay millions in capital returns to shareholders. In the meantime, Fanatics secured a […]
Casino
September 19, 2023
Fanatics iCasino Might Be Launched by End of the Year
In mid-August, Fanatics Holding’s online and retail sports betting division, Fanatics Betting and Gaming, successfully ended a six-month beta-testing phase for the Fanatics Sportsbook app with the official launch in Tennessee on March 2. Soon followed Ohio, Massachusetts, and Maryland. During the same month, the sports merchandise company announced it would give its sports wagering […]