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Business
May 25, 2021
FanDuel Became Associated Press’ Exclusive Odds Provider
Daily fantasy sport (DFS) and sportsbook operator FanDuel announced an agreement with nonprofit news agency Associated Press (AP) to become AP’s exclusive odds provider across its global sports report. FanDuel Odds Featuring in AP’s Sport Reports The multi-year deal provides for FanDuel Sportsbook odds to appear in daily sports odds fixtures, games previews and other […]
Business
May 12, 2021
FanDuel’s CEO Matt King Announces Plans to Leave the Company
FanDuel’s CEO, Matt King announced that he will be resigning from his position. The announcement comes while FanDuel’s owner, Flutter Entertainment, is assessing the possibility of listing a “small stake” of the company in the US. Matt King to Leave FanDuel Flutter Entertainment announced today that Matt King, FanDuel’s CEO, will be resigning from his […]
Business
April 29, 2021
Flutter Records off the Charts Revenue Growth in Q1
Flutter Entertainment Plc, a leading global sports betting and gaming provider, accelerates its strategic plans with confidence, reporting total revenue growth of 32% to £1.485 billion in its first quarter of 2021. Flutter Reports Rapid Growth in Q1 of 2021 Flutter Entertainment Plc (FLTR.L), a leading global sportsbook and gaming provider, has reported a growth […]
Sports
April 28, 2021
Paddy Power Begins Relaunch of Sportsbooks in England, Scotland, and Wales
Executives and employees of Paddy Power and Flutter Entertainment, along with sports gambling enthusiasts across much of the UK and Ireland, have cause to celebrate. Paddy Power is finally beginning to open many of its sports gambling shops across the region, although some restrictions are still needed. While the Irish shops are going to remain […]
Legal
April 23, 2021
Kentucky Judge Rules $100m Bond Payment in PokerStars Case
A Franklin Circuit Judge has ruled out against PokerStars and ordered the $100 million in bonds placed with insurers to be paid to the state of Kentucky. Kentucky Judge Sides with State in PokerStars Penalty Kentucky is determined to seek interest payments from Flutter Entertainment, the present owner of PokerStars, for the card room’s operations […]
Business
April 16, 2021
Flutter Hires Moelis, Explores Sale of Oddschecker
Global gambling group Flutter Entertainment is actively looking to offload its Oddschecker business, a report in Sky News revealed today, noting a prominent investment bank was contacted to advise the sale. Oddschecker Unwanted According to the report, Flutter hired New York investment bank Moelis & Company as an advisor to the sale of the leading […]
Sports
April 7, 2021
Fox Corp. Goes to Arbitration over Value of FanDuel Stake
A massive, tangled web of negotiations involving multiple companies now has Fox Corp. crying foul. The media giant, which is also behind the FOX Bet sports gambling platform, and Flutter Entertainment are at odds over a piece of FanDuel that has now led to Fox Corp. turning to arbitration to find resolution. At issue is […]
Legal
March 31, 2021
2020 Gender Pay Gap Overall Increase at Flutter UK Businesses
Global gambling group Flutter Entertainment released its 2020 gender pay gap report to comply with its obligation as a large employer in the UK. Examined Entities The report outlined the difference between the average earnings of men and women across all jobs at all levels within 4 Flutter-owned brands operating in the UK which had […]
Business
March 18, 2021
Playtech Renews Content Agreement With Flutter Brands
Playtech has extended its working agreement with Paddy Power, Betfair, and Sky Casino and will continue supplying the brands with content. Playtech Renews Contract With Flutter Entertainment Brands Playtech, a gambling app development company, has announced a comprehensive five-year contract extension with Flutter Entertainment brands Paddy Power, Betfair, and Sky Casino. Under the terms of […]
Business
March 15, 2021
Flutter Confirms It Considers Listing FanDuel on US Exchange
Flutter Entertainment has confirmed rumors that the company is planning to float FanDuel Sportsbook on a US exchange. FanDuel May Become Standalone Company British gaming group Flutter Entertainment has confirmed that it’s looking to list a small amount of its stake in the FanDuel Sportsbook business in the United States. The confirmation comes after CNBC published rumors that Flutter, […]