Over a hundred previous employees of FanDuel are suing a few companies after receiving no money from the merger/sale of a business worth over a billion dollars. The lawsuit claims that Paddy Power Betfair knew what they were doing when they, along with ex-members of … Read more
The US sports betting industry has been taking the country by storm as more and more states begin to legalize the pastime. During the Betting On Sports America Conference, the idea of sportsbooks teaming up with sports organizations was discussed with Joe Lee, head of … Read more
Diamond Eagle Acquisition Corp., a special purpose acquisition company, is reportedly in advanced talks to buyout DraftKings. Rival daily fantasy sports and sports betting company, FanDuel, was bought out by U.K. firm Flutter last year. DraftKings and FanDuel tried to merge in 2016, though, pressure … Read more
Paddy Power Betfair changed their name to Flutter Entertainment earlier this year. Flutter owns a majority stake in FanDuel Sportsbook. Executives from Flutter believe their revenue can increase ten-fold in the US. TALLAHASSEE, Fla. – As one of the first gaming operators to land a … Read more
GAN plc is a London-based developer and supplier of B2B online gambling software. In July of 2018, GAN announced that the company would be providing the sports betting platform used in Parx Casino, the largest retail gaming outlet in PA. Gross operator revenue was up … Read more
There are currently eight states with active sportsbooks and seven more states who may possibly launch sports betting operations this year. FanDuel was acquired by Paddy Power Betfair in July of 2018. William Hill plc., GVC Holdings, and Paddy Power Betfair all have online sports … Read more
