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Fantasy Sports News

American Gaming Association

AGA brings in Maureen Beddis to expand executive team

The American Gaming Association (AGA) has expanded its executive team with the appointment of Maureen Beddis as senior vice president, membership and events.

Beddis will join the AGA on 31 October after serving 16 years at The Vision Council, a non-profit trade association for manufacturers and suppliers of the US optical [...]

2 mins read

Xpoint looks to accelerate growth with new funding round

Miami-based geolocation technology provider Xpoint has received a multi-million dollar round of investment funding to support its continued growth in North America and worldwide.

The financing round includes new investments by Acies Investments, The Raine Group and SuRo Capital Sports, joining existing investors Bettor Capital and Courtside Ventures, both of which [...]

1 min read
FanDuel

FanDuel opens first UK Collaboration Hub

Leading betting and gaming operator FanDuel has opened the doors of its first UK Collaboration Hub in Edinburgh, Scotland.

The new hub aims to foster cross discipline working and drive project innovation, while bringing FanDuel colleagues closer to those at parent company Flutter Entertainment.

The UK Collaboration Hub is expected to create [...]

2 mins read

PlayUp agrees SPAC business combination with IG Acquisition Corp

Australian and US online sports betting operator PlayUp has agreed a business combination with special purpose acquisition company IG Acquisition Corp (IGAC), which will see the combined company listed in New York.

The transaction values PlayUp at $350m and is expected to close in the first quarter of 2023, subject to [...]

1 min read

Sports betting and iGaming drive Pennsylvania growth in August

Pennsylvania’s betting and gaming market continued to grow into August as revenue from all forms of gaming rose 4 per cent to $425.4m.

The year-on-year growth was driven by an 89 per cent increase in sports betting revenue and a 21 per cent rise in iGaming revenue, which offset declines across [...]

1 min read

FanDuel and WNBA agree multi-year partnership renewal

The Women's National Basketball Association (WNBA) has agreed a multiyear partnership extension with FanDuel to serve as an Official Sportsbook Partner and Official Daily Fantasy Partner of the WNBA. 

FanDuel has worked with the WNBA for the past five years and will now serve as an Official Sportsbook Partner, adding to [...]

3 mins read

SharpLink Gaming agrees deal to acquire fantasy sports operator SportsHub

Minnesota-based sports betting affiliate SharpLink Gaming plans to enter the fantasy sports market with a deal to acquire SportsHub Games Network in an all-stock transaction.

Founded in 2015, SportsHub’s platform currently serves 2m players and features fantasy sports games including the National Fantasy Championships, Bestball10s, Fanball and Fantasy National Golf Club.

“While [...]

1 min read
Danske Spil

Danske Spil grows first half revenue despite lottery and sports decline

Denmark’s state-owned gaming operator Danske Spil remains on course to generate gross gaming revenue of between DKK4.8bn and DKK5.0bn in 2022, after posting a marginal increase in revenue for the first half of the year.

First half gross gaming revenue (GGR) increased by 0.5 per cent year-on-year to DKK2.35bn (€316m), buoyed [...]

1 min read
Flutter Entertainment

Andrew Higginson to step down from Flutter board

London-listed betting and gaming operator Flutter Entertainment has announced the planned departure of director Andrew Higginson at the end of this year.

Having served three years as non-executive director, Higginson has notified the Board of his intention to step down by December 31.

In the meantime, Alfred F. Hurley Jr will assume [...]

2 mins read
Scout Gaming Group

Scout Gaming loss widens on Q2 revenue slump

Stockholm-listed fantasy sports supplier Scout Gaming Group has posted a 69 per cent fall in total revenue to SEK4.3m for the second quarter of 2022 following declines in B2B and B2C.

Revenue from gaming operations fell by 47 per cent year-on-year, with B2C revenue down 66 per cent at SEK2.4m, while [...]

1 min read

Pennsylvania posts iGaming and sports betting growth in July

Pennsylvania’s licensed betting and gaming operators recorded a 1 per cent increase in revenue from all forms of gaming to $429.1m in July.

The year-on-year growth was driven by an 11 per cent increase in iGaming revenue and a 28 per cent rise in sports betting revenue, which offset declines across [...]

1 min read
Flutter Entertainment

Flutter Entertainment shares soar as first half revenue climbs to £3.39bn

London-listed betting and gaming operator Flutter Entertainment has reported an 11 per cent increase in revenue to £3.39bn for the first half of 2022, of which more than £1bn was generated in the United States.

Benefiting from a 14 per cent increase in recreational customers to 8,716,000, first half revenue from [...]

1 min read
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