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
Genius Sports announces the company is offering more shares. Sportradar fails in SPAC deal with Todd Boehly after months of negotiations. Sportradar’s goal is to go with a traditional IPO. NEW YORK – There have been a few moves being made in the sports betting … Read more
Sports data and analytics company Genius Sports has just acquired Second Spectrum and FanHub in a pair of deals. Second Spectrum is a data-tracking and AI services developer and was sold for $200 million, while FanHub, a developer of free to play games and fan … Read more
Popular online sports betting and iGaming company Super Group will be merging with the SPAC, Sports Entertainment Acquisition. This is a $5.1 billion merger that will make the company become publicly traded. Sports Entertainment Acquisition will own 9.3% of the new company. NEW YORK – … Read more
Genius Sports Group will now be a part of the New York Stock exchange once a deal with dMY Technology Group has been finalized. The partnership, which will result in the new company NewCo, is being valued at $1.5 billion. NewCo is expected to open … Read more
Rush Street Interactive is setting up to go public by merging with dMY Technology. RSI would join DraftKings in a shortlist of sports betting companies that have gone public. NEW YORK – Deals are being made by Rush Street Interactive with the goal of going … Read more
Roundhill Investments launched a new exchanged-trade fund for online sports betting and casino gaming—called BETZ. Roundhill launched an e-sports ETF (NERD) in 2019 that has seen healthy growth. ETFs are a great investment opportunity that consolidates many different assets to mitigate risks. Both BETZ and … Read more