WASHINGTON – On the morning of May 14, 2018, the Supreme Court of the United States handed down Murphy v. NCAA and ended Nevada’s 26-year monopoly on legal sports betting. Eight years later, questions surrounding who would profit and under what rules have been answered… … Read more
DraftKings and Flutter are experiencing their lowest stock price in roughly three years despite showing growth in the US gambling sector. NEW YORK – DraftKings and FanDuel’s parent company have seen their stock prices drop heavily over the last month and the last six months. … Read more
Both FanDuel and DraftKings announced partnerships this week, blending sports viewing with sports betting. NEW YORK – Amazon announced its Prime Video platform is expanding its relationship with Flutter-owned FanDuel on Tuesday. It will deliver betting integrations during NBA broadcasts. Starting this season, basketball fans … Read more
Kalshi set a new single-day trading record with over $275 million in activity. DraftKings and Flutter Entertainment lost nearly $7 billion in combined market capitalization. Capitol Hill lawmakers are questioning the Commodity Futures Trading Commission’s (CFTC) oversight of prediction market sports contracts. NEW YORK – … Read more
Buy FLUT in its entrance to the American stock market. Hold DKNG but get back in if a mass sell off happens. CZR is a sell due to their inflated price. PHOENIX – With the 2024 stock market being a month old, it’s time to … Read more
Flutter, the parent company of FanDuel, will be making a move to gain a listing in the North American stock market. The move comes after a shareholder meeting saw overwhelming support for the company to branch out. Year-over-year FanDuel has quickly grown to encapsulate a … Read more
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 and daily fantasy … Read more
A total of ten mobile sports in Michigan are set to go live on Friday afternoon, marking the start of a new era for gambling in the Wolverine State. PointsBet Sportsbook just made it for the official debut date with an approval to be able … Read more
Flutter Entertainment will be acquiring an additional 37.2% stake in FanDuel for $4.1 billion. Flutter will be purchasing the shares from Fastball Holdings. Flutter initially invested in FanDuel in 2018. NEW YORK – Flutter Entertainment has decided to further invest in sports betting by acquiring … Read more
DraftKings and Flutter (FanDuel) both did surprisingly well as can be seen with the release of their Q3 reports. Illinois, Indiana, and Washington DC all saw growth in their monthly sports betting revenue numbers, showing the NFL making a big impact on gambling activity. The … Read more
FanDuel gained over 350,000 new customers in the United States for the first half of the year but they need to market their sports betting offerings more to be successful in H2. A new marketing plan has been laid out for the sportsbook operator as … Read more
Flutter and The Stars Group will go through with a planned merger on Tuesday, May 5, 2020. The two companies own major gambling and sports betting products like FanDuel, Betfair, FOX Bet, and PokerStars. The newly merged company will split operations into four geographically based … Read more