Fox Corp. (NASDAQ:FOXA) isn’t holding back in its legal spat with Flutter Entertainment (OTC:PDYPY) as the media company is rumored to be threatening to pull the Irish gaming firm’s FanDuel brand from its airwaves. ...
Fox Corporation files lawsuit over FanDuel Group valuation dispute
American media conglomerate Fox Corporation has reportedly filed a lawsuit against British iGaming behemoth Flutter Entertainment concerning its upcoming option on a 18.6% stake in prominent online sportsbook operator FanDuel Group. According to a Tuesday report from American broadcaster CNBC, London-listed Flutter Entertainment spent approximately $4.2 billion in December so as to purchase a ...
Fox Claims to Have Contract with Flutter for Fastball Price on FanDuel Investment
Things between Flutter Entertainment (OTC:PDYPY) and Fox Corp. (NASDAQ:FOXA) are getting testy. The former eyes a spin-off of the FanDuel business, and the latter seeks a position in the online sportsbook operator on favorable terms. ...
Fox, Flutter Fracas as Broadcaster Sues Over Price of FanDuel Stake
Fox Corp. (NASDAQ:FOXA) is reportedly suing Flutter Entertainment (OTC:PDYPY) over the price the Irish gaming company wants the media company to pay to acquire an 18.6 percent stake in online sportsbook operator FanDuel. ...
FanDuel, DraftKings Lead March Sports Betting App Downloads, Says Bank of America
Buoyed by the return of the NCAA Tournament and a normalized sports calendar, FanDuel and DraftKings (NASDAQ:DKNG) led downloads of sports wagering mobile apps last month in the iOS App Store. ...
Fox Sports Betting Stake Draws Barclay Raves, Says FanDuel Accretive to Shares
Fox Corp. (NASDAQ:FOXA) is a $23 billion broadcasting behemoth, but investors shouldn’t sleep on the company’s sports betting footprint. News Corp. headquarters in ...
National Council on Problem Gambling Praises FanDuel, Unibet for Self-Exclusion Tools
March is National Problem Gambling Awareness Month. The country’s leading advocacy group seeking to limit societal harms caused by gambling is celebrating two leading interactive casino and online sportsbook operators. ...
FanDuel Group partners with Gamban in responsible gaming commitment
U.S. sports betting company FanDuel Group has partnered with safer gambling software specialist Gamban as a “next phase” in its comprehensive responsible gaming initiatives. Upon regulatory approval in the United States, the new alliance will see the UK company‘s blocking software made available free-of-charge to customers who decide to self-exclude from the operator’s real money gaming ...
FanDuel Group sponsoring Pickswise during ‘March Madness’
In the United States and prominent online sportsbook operator FanDuel Group has reportedly agreed a deal that is to see it serve as the official sponsor of the Pickswise sports wagering advice service throughout this year’s edition of the NCAA Division I Men’s Basketball Tournament. According to a report from Gambling Insider, the new ...
FanDuel Sportsbook opens in Bally’s Atlantic City and FanDuel Sportsbook & Racing in Illinois
The FanDuel brand has been quite busy this week, opening not one, but two new sportsbooks. The brand now offers sports betting in a new facility located at the Bally’s Casino in Atlantic City, with the venue opening on March 15. The operator is also now live in Collinsville, Illinois, via the former Fairmount ...
Boyd Gaming and FanDuel Group team up to launch a new Stardust Online Casino in Pennsylvania and New Jersey
Just a few days ago, Boyd Gaming and the FanDuel Group announced plans to launch a brand-new online casino in Pennsylvania and New Jersey. While the site will be new, the name will not. The venture will use the iconic gaming brand known as Stardust Casino, a brand owned by Boyd. The Stardust was ...
Flutter Mulls FanDuel Spin-Off as Investors Push for DraftKings Valuation
Flutter Entertainment (OTC:PDYPY) is considering spinning out its FanDuel business and listing a portion of that unit on a US exchange. Flutter CEO ...
FanDuel Group agrees exclusive content deal with Kenny “The Jet” Smith
FanDuel Group has enhanced its roster of exclusive sports betting talent after partnering with two-time National Basketball Association (NBA) champion and Emmy Award-winning sports analyst Kenny “The Jet” Smith. The exclusive content deal, making the New York City-based company the exclusive sports betting and daily fantasy provider for the 56-year-old Queens, NY native, will ...
FanDuel, AGA ‘Have a Game Plan’ to Promote Responsible Sports Betting
FanDuel and the American Gaming Association announced jointly Monday they will partner to promote responsible sports betting, with the Flutter Entertainment subsidiary becoming the first sportsbook to join the “Have a Game Plan. Bet Responsibly” campaign. ...
Sports Bettor Sues FanDuel, Claims Sportsbook Understated Live Data
A sports bettor wasted little time in filing a federal lawsuit in Illinois, claiming FanDuel provides incorrect information that misleads gamblers when making in-game wagers. ...
Fox Will Up FanDuel Stake as Flutter Forecasts Sizable US Growth
Rupert Murdoch’s Fox Corp. (NASDAQ:FOXA) will reportedly increase its position in Flutter Entertainment’s (OTC:PDYPY) FanDuel unit by as much as 20 percent this year. That’s as the Irish gaming company expects impressive growth for the sports wagering brand in the US. ...
FanDuel launches sports betting in Virginia via partnership with Washington Football Team
The new sports betting gambling market in Virginia is now open, after kicking off on Thursday just after 2pm. The very first bet was placed on the Golden State Warriors to defeat the New York Knicks. Sports betting was approved in 2020 and the state Lottery was put in charge of getting the industry ...
FanDuel Signs NBA Legend Charles Barkley to Multi-Year Ambassador Deal
Just in time for the upcoming NBA season, FanDuel on Monday announced it signed an exclusive deal with Hall of Fame player and current television analyst Charles Barkley. ...
FanDuel Spin-Off Talk Gains Steam Following Flutter Buyout of Fastball Stake
Last week, Flutter Entertainment Plc (OTC:PDYPY) said it’s paying $4.175 billion to buyout Fastball’s 37.2 percent interest in FanDuel. That boosts the Irish gaming company’s stake in the daily fantasy sports giant to 95 percent, a move that’s stoking chatter of a spin-off. ...
Flutter Entertainment increasing its interest in FanDuel Group
British and Irish gambling behemoth Flutter Entertainment has reportedly agreed a deal worth about $4.2 billion that is to see it acquire a further 37.2% stake in American online sportsbook operator FanDuel Group. According to a Thursday report from the Financial Times newspaper, the London-listed firm already held a 61% stake in FanDuel Group ...
Flutter Increases FanDuel Stake to 95 Percent in $4.17 Billion Transaction
Flutter Entertainment Plc (OTC:PDYPY) is shelling out $4.175 billion to acquire 37.2 percent of FanDuel controlled by Fastball Holdings LLC. The transaction will increase the Irish gaming company’s stake in the sportsbook operator to 95 percent from 57.8 percent. ...
FanDuel, Private Equity Backers Want Scottish Regime Applied in Founders Suit, But Judge Has Reservations
FanDuel and private equity shops KKR and Shamrock Capital are asking New York Supreme Court Justice Andrea Masley to apply Scottish law in a suit brought by founders Nigel and Lesley Eccles and Thomas Griffiths, but the judge is indicating the defendants may be setting the bar too high. ...
FanDuel Group investing big in Illinois horseracing
American online sportsbook operator FanDuel Group has announced the signing of a multi-million-dollar deal that is to see southwestern Illinois’ Fairmount Park Racetrack rebranded as the new-look FanDuel Sportsbook and Horse Racing. The New York-headquartered firm used an official press release to declare that the agreement with track owner William Stiritz and Associates is ...
New FanDuel retail sportsbook to open at Bally’s Atlantic City via Twin River partnership
Bally’s Atlantic City Hotel & Casino will soon be home to a FanDuel Sportsbook according to a joint announcement from Rhode Island-based gaming company Twin River Worldwide Holdings, Inc. (NYSE:TRWH), new owner of the Boardwalk property, and the online sports betting company. According to an official press release from FanDuel, the deal is contingent ...
Turner Sports signs new multi-year partnership deals with DraftKings and FanDuel
Boston-based daily fantasy sports contest and sports betting operator DraftKings (Nasdaq: DKNG) and NYC-headquartered sports betting company FanDuel have both entered into partnerships with Turner Sports, a division of AT&T Inc.’s WarnerMedia. Under the terms of the multi-year agreements, DraftKings will serve as the exclusive sportsbook and daily fantasy sports provider on select Turner Sports ...
