by Giovanni Shorter | May 19, 2021 12:58 pm | Sports Betting
FanDuel is launching a new campus in Atlanta to create tech jobs for local residents. The tech hub will create 900 new jobs. This is a $15 million venture. ATLANTA – While sports betting failed to launch in Georgia during the legislative sessions earlier this year, it...
by Giovanni Shorter | May 14, 2021 2:12 pm | Sports Betting
PASPA was repealed on May 14, 2018. Since the repeal, multiple states and Washington DC have regulated sports betting markets. Sportsbooks like DraftKings have gone public on the NASDAQ. NEW YORK – The repeal of the Professional and Amateur Sports Protection Act...
by Giovanni Shorter | May 12, 2021 10:59 am | Sports Betting
Flutter Entertainment has announced that FanDuel CEO Matt King will be stepping down. Flutter Entertainment has warned this will delay the potential public listing of FanDuel. Matt King will remain as CEO until a replacement is selected. NEW YORK – Popular sportsbook...
by Robert Jones | May 1, 2021 10:03 am | Sports Betting
FanDuel IPO would only make a small shareholding available but nothing is imminent. Flutter saw a 42% jump in online revenue during Q1 which was driven by online player growth being up 36%. FanDuel was responsible for 91.6% of Flutter’s revenue compared to only 8.4%...
by Giovanni Shorter | Apr 12, 2021 12:27 pm | Sports Betting
Fox Corporation and Flutter Entertainment’s legal dispute has continued. Fox has threatened to pull all FanDuel promotion from its media outlets. Fox is the second-largest sports broadcast network in the country. NEW YORK – Fox Corporation and Flutter Entertainment...
