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Monkey Knife Fight acquires US fantasy sports rival FantasyDraft

US fantasy sports operator Monkey Knife Fight (MKF) has acquired rival daily fantasy sports site FantasyDraft for an undisclosed amount.

In a move meant to close the gap on market leaders DraftKings and FanDuel, MKF will absorb FantasyDraft's assets and significant user base into its own operations.

Based in North Carolina, FantasyDraft [...]

1 min read
Flutter Entertainment

Flutter Entertainment reports strong H1 growth

London-listed gaming operator Flutter Entertainment grew revenue by 49 per cent in the first half of the year with its acquisition of The Stars Group, as well as strong growth in Australia and the United States.

Flutter Entertainment’s group revenue for the six-month period amounted to £1,536.1m compared to £1,019.9m in [...]

1 min read

MKF secures Tampa Bay Buccaneers fantasy sports partnership

US fantasy sports operator Monkey Knife Fight (MKF) has signed a multi-year partnership with the NFL's Tampa Bay Buccaneers.

As the Bucs' official fantasy sports partner, MKF will feature in pre- and post-game radio and TV promotions and gains access to branding opportunities in-stadium and across the team's social media platforms.

“The [...]

2 mins read
Scout Gaming Group

Scout Gaming posts strong second quarter revenue growth

Stockholm-listed daily fantasy sports provider Scout Gaming Group narrowed its operating loss in the second quarter of the year as revenue climbed by 58 per cent to SEK6.3m (approx. €610,000).

The second quarter period saw Scout launch new eSports-related markets for its entire range of products as COVID-19 disrupted regular sports, [...]

1 min read
Pennsylvania

Pennsylvania gambling market returns to growth in July

Pennsylvania’s regulated betting and gaming market returned to growth for the first time since February as total net revenue increased by 0.6 per cent year-on-year to $283.1m in July.

All twelve of the Commonwealth’s casinos were in operation for all or most of the month for the first time since March, [...]

1 min read

Monkey Knife Fight signs fantasy sports deal with MLB’s Miami Marlins

US daily fantasy sports operator Monkey Knife Fight (MKF) has agreed a new partnership with Major League Baseball's Miami Marlins.

MKF will serve as the team’s official fantasy sports partner, benefiting from prominent in-stadium branding and exposure on the Marlins’ online , radio and television assets.

The operator, which last month partnered [...]

2 mins read
DraftKings

DraftKings posts second quarter revenue growth but losses widen

New York-listed DraftKings has reported a 24 per cent increase in revenue to $70.9m for the second quarter of 2020, despite the impact of the COVID-19 pandemic on the sports calendar during the period.

The revenue growth includes results from B2B sports betting supplier SBTech from 24 April. On a pro [...]

1 min read
Scout Gaming Group

Scout Gaming extends fantasy sports deal with Stoiximan and Betano

Stockholm-listed B2B fantasy sports provider Scout Gaming has expanded its existing partnership with Kaizen Gaming, operator of the Stoiximan and Betano brands.

Kaizen previously launched Scout Gaming’s daily fantasy sports (DFS) product in the Greek market under its flagship brand Stoiximan.gr, with that deal now extended to include the launch of [...]

3 mins read
DraftKings

DraftKings expands exclusive MLB fantasy sports partnership

New York-listed DraftKings has agreed a multi-year extension to serve as the official and exclusive daily fantasy sports (DFS) partner of Major League Baseball (MLB).

The agreement includes an expanded partnership providing for an increase in DraftKings’ content rights, product integration, prizing and continued use of MLB images and video within [...]

2 mins read
Scout Gaming Group

Scout Gaming raises SEK75m to continue growth trajectory

Stockholm-listed fantasy sports provider Scout Gaming Group has raised proceeds of SEK75m (approx. €7.2m) from its shares placement.

Scout has completed a directed share issue of 1,835,062 shares through an accelerated book building process, alongside a directed share issue to existing Santa Monica-based institutional investor Topline Capital Partners of 1,200,000 shares.

This [...]

1 min read
Pennsylvania

iGaming stars as Pennsylvania gaming market begins to recover

Pennsylvania’s regulated betting and gaming market continued its decline in June as total net revenue fell by 51 per cent year-on-year to $132.6m.

Eleven of the Commonwealth’s 12 casinos reopened in June following the COVID-19 shutdown, generating slots and table games revenue for the first time in several months.

The cautious reopenings [...]

1 min read

DraftKings first to be approved for iGaming launch in West Virginia

New York-listed betting and gaming operator DraftKings has become the first operator to launch an online casino in West Virginia.

DraftKings has launched its casino product suite in partnership with Penn National Gaming's Hollywood Casino at Charlestown Races, having met all necessary licensing and testing requirements in the Mountain State.

The new [...]

2 mins read
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