Resorts World Bet will exit New York’s crowded online sports betting space, opening a valuable license opportunity. FanDuel responds to Illinois’ steep tax increase by imposing a 50-cent fee per bet. Louisiana’s legislature advances a bill to hike the online sportsbook tax rate to 21.5%, … Read more
FanDuel is now – by a fair margin – the top sportsbook in New York, largely as a result of their leveraging of their DFS and same-game-parlay offerings. FanDuel passed off Caesars Sportsbook, which held the largest market share shortly after launch; however, much of … 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
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% … Read more
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 have continued their legal dispute over … Read more
Fox Corporation has filed a lawsuit against Flutter Entertainment. The lawsuit stems from an earlier agreement between the companies that promise Fox a stake in FanDuel at a specific cost. Flutter argues that Fox should pay a fair market price. NEW YORK – Fox Corporation … Read more
FanDuel parent company Flutter Entertainment shows that their online gambling imprint in the US is the largest operation. FanDuel pushed US gaming revenue up 81% in 2020. Flutter Entertainments US base is 40% larger than its closest competitor DraftKings. DUBLIN, Ireland – FanDuel has seen … Read more
Flutter Entertainment has released its Q3 financial report. The report shows that Flutter Entertainment is the number one sportsbook provider in the US. Reports show a 46% online sportsbook market share. DUBLIN, Ireland. – The Q3 numbers for Flutter Entertainment have been released via 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
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
