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Fantasy Sports News

DraftKings

DraftKings signs as WWE official gaming partner

New York-listed sports betting and fantasy sports operator DraftKings has agreed a deal to serve as an official gaming partner of World Wrestling Entertainment (WWE).

The partnership centers on DraftKings’ popular free-to-play pools product and will see the operator launch an inaugural free-to-play pool at WWE’s two-night pop culture extravaganza, WrestleMania, [...]

2 mins read
Gamban

FanDuel enhances responsible gambling initiatives with Gamban deal

Flutter Entertainment-owned FanDuel Group has become the latest US operator to provide customers with the ability to block access to online gambling sites using the Gamban software.

As part of its continued responsible gambling initiatives, FanDuel will offer Gamban’s blocking software to customers who choose to self-exclude from its real-money gaming [...]

2 mins read

Bally’s completes Monkey Knife Fight acquisition

New York-listed gaming operator Bally's Corporation has completed its acquisition of daily fantasy sports operator Monkey Knife Fight (MKF).

The $40m all-stock deal, first announced in January, advances Bally's strategic diversification initiative and marks the company’s entrance into the high-growth daily fantasy sports sector.

“We are pleased to have closed on our [...]

1 min read
Scout Gaming Group

Scout Gaming rolls out daily fantasy sports in Brazil with Betsson

Stockholm-listed Scout Gaming has launched its daily fantasy sports (DFS) product in Brazil with operator Betsson.

Players at Betsson.com.br now have access to free-to-play daily fantasy sports and fixed buy-in games, which offer bigger prizes.

“In order to provide the largest network of pooled DFS operators we must ensure that we partner [...]

2 mins read
Pennsylvania

Pennsylvania sees strong iGaming and sports betting growth in February

Pennsylvania’s regulated betting and gaming market recorded a 0.8 per cent decline in total revenue to $302.0m in February 2021, despite another strong performance from licensed iGaming and sports betting operators.

As the land-based sector continued to be impacted by COVID-19 restrictions, retail slots revenue declined by 27 per cent compared [...]

1 min read
FanDuel sportsbook

Flutter Entertainment open to potential US listing of FanDuel

Shares in Flutter Entertainment gained almost 8 per cent Monday morning after the company said it would consider a US listing for its FanDuel brand.

The company was responding to press speculation about the potential listing of a small stake in FanDuel on a US exchange, stating that while this is [...]

1 min read
New Jersey

GI Deals of the Month: February 2021

M&A was thin on the ground in February with B2B and market access deals dominating.

Playtech secured its showcase US deal with Parx Casino owner Greenwood Racing. The company supplies games to existing customers Entain and Bet365 in New Jersey but the company needed a platform deal to fully announce its [...]

1 min read

Gaming Innovation Group on top as gaming shares rebound in February

After a slow start to the year in January, there was better news for industry stakeholders in February as shares in the leading operators and suppliers rose by a combined 5.6 per cent by month end.

After posting a decline of 7.8 per cent last month, the 50 publicly-listed operators and [...]

1 min read
DraftKings

DraftKings agrees exclusive betting partnership with UFC

DraftKings has agreed an exclusive betting and daily fantasy sports partnership with UFC for North America.

DraftKings will serve as UFC’s first official sports betting and daily fantasy partner in the United States and Canada, offering in-game promotions, activations, in-broadcast odds integrations and UFC branding across its daily fantasy and betting [...]

3 mins read

Flutter Entertainment reveals majority stake in Indian online rummy operator

Gaming and betting operator Flutter Entertainment has set its sights on the Indian online gaming market with the acquisition of a majority stake in Junglee Games.

Junglee operates a range of skill-based games through brands which include Junglee Rummy, Eatme.io, Junglee Teen Patti, and Howzat.

The company is one of the top [...]

1 min read
FanDuel

FanDuel appoints Amy Howe to newly created president role

US sports betting and fantasy sports giant FanDuel Group has appointed Amy Howe to the newly created role of president.

Howe will join FanDuel’s executive leadership team and take responsibility for leading the company’s core commercial functions across its sportsbook, casino, racing and daily fantasy units.

She joins FanDuel from Live Nation [...]

2 mins read
DraftKings

DraftKings raises 2021 guidance after Q4 revenue soars

New York-listed sports betting and fantasy sports operator DraftKings has reported a 90 per cent increase in revenue to $614.5m in 2020, with over half of the total generated during the final quarter of the year.

Revenue in Q4 2020 soared by 146 per cent year-on-year to $322m as major US [...]

1 min read
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