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Fantasy Sports News

DraftKings

DraftKings expands responsible gaming initiatives with Cambridge Health Alliance tie-up

New York-listed sports betting and fantasy sports operator DraftKings has entered into a strategic agreement to develop a new responsible gaming program with the Addiction Division at Cambridge Health Alliance in Massachusetts.

Working with DraftKings' responsible gaming team, the division will train employees across the business in responsible gaming initiatives.

“We [...]

2 mins read
Pennsylvania

Pennsylvania iGaming market surpasses $100m in May

Pennsylvania’s regulated betting and gaming market reached a record $413.2m in May, as monthly revenue from iGaming surpassed $100m for the first time.

Total gaming revenue topped $400m for the third consecutive month in May and climbed by 2 per cent compared to the previous month.

Due to Covid-19 restrictions in the [...]

1 min read

Z Capital’s Affinity Gaming and SIG to merge to create Affinity Interactive

Private equity firm Z Capital Partners has confirmed the merger of two of its affiliate companies, Affinity Gaming and Sports Information Group (SIG), to capitalize on sports betting and iGaming market opportunities across the United States.

The merger will establish a new entity, Affinity Interactive, combining Affinity Gaming’s regional casino operations [...]

1 min read
Scout Gaming Group

Scout Gaming launches fantasy player odds with Kaizen Gaming

B2B daily fantasy sports provider Scout Gaming has expanded its partnership with Kaizen Gaming with the launch of fantasy player odds markets on Kaizen's Stoiximan brand in Greece.

Stoiximan.gr customers gain access to a range of fantasy player odds markets, including player fantasy points over/under, player duels and outright bets.

Scout Gaming [...]

2 mins read

SuperDraft named official daily fantasy partner of BIG3

SuperDraft has been named as the official daily fantasy partner of the BIG3 basketball league and presenting sponsor of the 2021 BIG3 draft.

The partnership enables BIG3 to offer daily fantasy contests on its games and social betting through SuperDraft's free sportsbook app, with daily fantasy strategy segments integrated into each [...]

3 mins read

DraftKings teams up with Bubba Wallace and 23XI Racing

New York-listed gaming operator DraftKings has been named as the first official daily fantasy sports, igaming and sports betting partner of Nascar's 23XI Racing team.

The sponsorship is set to debut on 23 May at the Nascar Cup Series race at the Circuit of the Americas in Austin Texas, with the [...]

2 mins read

Florida legislature approves Seminole Tribe gaming compact

Florida’s new gaming compact with the Seminole Tribe has been ratified by the state legislature, opening up a significant source of new revenue for the state and enabling the launch of sports betting.

The new gaming compact was approved Wednesday and now passes to the US Secretary of the Interior for [...]

1 min read
Pennsylvania

Pennsylvania gambling market reaches $404.1m in April

Pennsylvania’s regulated betting and gaming market topped $400m in revenue for the second consecutive month in April 2021.

April’s revenue of $404.1m eclipsed the market’s record revenue achieved in the previous month, marking a significant increase compared to the same period last year, which was negatively impacted by the closure of [...]

1 min read
Scout Gaming Group

Scout Gaming widens net loss despite Q1 revenue gains

Stockholm-listed fantasy sports provider Scout Gaming has reported a 54 per cent increase in revenue to SEK13.4m in the first quarter of 2021, marking the company’s seventh consecutive quarter of sequential growth.

The year-on-year revenue growth was driven by additional launches and higher activity within its current client base compared to [...]

1 min read
FanDuel sportsbook

Matt King to step down as CEO of FanDuel

FanDuel Group chief executive Matt King will leave the business once a suitable successor is identified.

He has served as CEO of the sports betting and daily fantasy sports operator since his return to the company in 2017, having previously served as its chief financial officer between 2014 and 2016.

FanDuel parent [...]

3 mins read

British gross gambling yield rises in March as active players climb 17%

Britain's Gambling Commission has released new data showing the impact of Covid-19 restrictions on online gambling behaviour in March 2021, with gross gambling yield (GGY) climbing 4 per cent compared to the previous month.

With all land-based premises closed since December, data from operators covering approximately 80 per cent of the [...]

1 min read

Flutter Entertainment benefits from strong online growth in Q1

Betting and gaming operator Flutter Entertainment grew first quarter revenue by 32 per cent to £1,485m, despite the covid-related closure of its European retail estate.

Sports betting revenue in the first quarter of 2021 amounted to £896m, an increase of 43 per cent year-on-year, while Gaming revenue improved by 18 per [...]

1 min read
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