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Business
December 17, 2020
FanDuel Appoints Chris Jones as VP of Corporate Communications
Chris Jones, a marketing and communications veteran with more than 25 years of experience was appointed Vice President of Corporate Communications at FanDuel. FanDuel Hires the Services of Chris Jones The U.S. sports betting brand of Flutter Entertainment, FanDuel Group, announced that it appointed Chris Jones as a Vice President of Corporate Communications. In his […]
Sports
December 17, 2020
FanDuel to Expand in South America via CAGE Partnership
The CAGE Companies is helping FanDuel expand into new markets, targeting South America and the Caribbean as growth destinations in 2021. Caribbean and South America Next for FanDuel The CAGE Companies will assist the United States’ leading sportsbook, FanDuel, to expand in new jurisdictions across South America and the Caribbean, the company announced on Wednesday. […]
Industry
December 16, 2020
New Jersey’s Sports Betting Handle in November Reaches the Record $900 Million
The online sports betting industry in New Jersey flourished even during a month, when activity was lower than normal. Retail sports wagering remains at modest levels and is expected to remain this way while Covid-19 restrictions are in force. New Jersey’s Sports Wagering Industry Grows for the Fourth Month in a Row New Jersey achieved […]
Sports
December 15, 2020
Scientific Games’ OpenBet Engine Powers Fanduel’s WV Sportsbook
NASDAQ-listed gaming technology provider Scientific Games (SG) announced Tuesday it teamed up with Flutter Entertainment’s daily fantasy and sports betting brand FanDuel, to power up the sportsbook offering of the operator in West Virginia and make the operator the first to utilize SG’s world-class sports betting engine. “Going live with FanDuel’s new sportsbook is a […]
Business
December 4, 2020
Flutter Placed Shares to Pay for Fastball’s FanDuel Stake
Leading sports betting and gaming group Flutter Entertainment announced yesterday it entered into a conditional agreement to acquire the 37.2% stake in FanDuel held by Fastball Holdings, for $4.175 billion, subject to approval by its shareholders. Flutter is expected to convene an extraordinary general meeting before the year end. Flutter Targets 95% Stake in FanDuel […]
Sports
November 30, 2020
FanDuel Becomes Official Sports Betting Partner for the Pistons
FanDuel Group announced today it entered into a multi-year partnership with the Detroit Pistons to become the official sports betting partner of the franchise from the National Basketball Association (NBA). FanDuel Sportsbook Linked to Pistons’ Fans Under the terms of the deal, FanDuel will gain access to official marks and logos of the Pistons, as […]
Sports
November 17, 2020
FanDuel Invests Millions in Fairmount Park Racetrack in Illinois
FanDuel Group, the US sports betting brand of Flutter Entertainment, announced plans Monday to engage in a multi-million investment in Fairmount Park Racetrack in Collinsville, Illinois. The venue will undergo a rebranding and complete revitalization, targeting the return of its signature event, the $250,000 St. Louis Derby. FanDuel Sportsbook and Horse Racing Under the terms […]
Casino
November 15, 2020
Safety at Live! Casino Pittsburgh Goes Above and Beyond
As health officials in Pennsylvania continue to report rising daily coronavirus cases, managers of the new casino in Westmoreland County are taking extra precautions ahead of the casino opening date. The new $150 million Live! Casino Pittsburgh located at the Westmoreland Mall, inside the former Bon-Ton department store, will feature 750 slot machines and 30 […]
Business
November 12, 2020
FanDuel Plans to Suppress the Illegal Sports Betting Market
Matt King, Chief Executive Officer at FanDuel revealed that the company plans to continue growing on the legal sports betting market in the U.S. In an interview for Bloomberg Markets: The Close, FanDuel’s CEO outlined that there is a “massive illegal market for sports betting” which the company plans to “put out of business”. Furthermore, […]
Business
November 4, 2020
Maryland, South Dakota and Louisiana Approve Ballot Measures
A trio of states voted in favor of ballot measures for the legalization of sports betting and fueled buying interest for stocks of sports betting operators on the markets Wednesday morning. Boston-based daily fantasy sports and betting operator DraftKings had its biggest rally in 3 weeks, posting gains of 6.2%, followed closely by Penn National […]