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Fantasy Sports News

DraftKings

DraftKings named as official partner of NHL’s Nashville Predators

New York-listed DraftKings has sealed a multi-year partnership in Tennessee with the NHL’s Nashville Predators.

The agreement makes DraftKings the official daily fantasy sports provider and sports betting operator of the team and follows the recent launch of its mobile sportsbook in the state.

“As soon as the Tennessee Sports Gaming Act [...]

3 mins read
FansUnite Entertainment

FansUnite Entertainment gains Malta license approval

Shares in Canadian iGaming technology supplier FansUnite Entertainment gained 16.42 per cent Monday after the company confirmed receipt of a Gaming Service License and Critical Gaming Supply License from the Malta Gaming Authority.

The licenses have been awarded to FansUnite’s wholly owned subsidiaries Askott Entertainment and E.G.G and allow the supplier [...]

1 min read
DraftKings

DraftKings to enter Connecticut with Mashantucket Pequot Tribal Nation

New York-listed DraftKings has agreed a new deal with the Mashantucket Pequot Tribal Nation to access the online sports betting market in Connecticut.

Subject to necessary legislative and regulatory approvals, the agreement will allow DraftKings to expand its footprint in New England and the Connecticut, New Jersey and New York Tri-State [...]

3 mins read
Gaming Intelligence Hot 50

The Gaming Intelligence Hot 50 2021 to be revealed on Monday

Our festive celebration of the most talented, innovative and inspiring people working in iGaming kicks off on Monday, when the first category of the Gaming Intelligence Hot 50 2021 will be revealed.

Starting Monday, we will reveal a category each day for the next two weeks, taking us all the way [...]

2 mins read
Flutter Entertainment

Flutter Entertainment agrees $4.2bn deal to increase stake in FanDuel

London-listed Flutter Entertainment has entered into a conditional agreement to acquire Fastball Holdings’ entire 37.2 stake in US sports betting and fantasy sports operator FanDuel for $4.2bn.

The accelerated buy-out takes Flutter’s stake in FanDuel from 57.8 per cent to 95 per cent, with the remaining 5 per cent interest held [...]

5 mins read
Basketball

Detroit Pistons agrees DraftKings and FanDuel betting partnerships

The NBA’s Detroit Pistons has agreed multi-year partnerships with operators DraftKings and FanDuel Group, ahead of the launch of mobile sports betting and iGaming in the state of Michigan.

DraftKings and FanDuel have both been named as official sports betting partners of the Pistons, while DraftKings will also serve as the [...]

3 mins read
Scout Gaming Group

Scout Gaming posts third quarter revenue growth of 85%

Stockholm-listed fantasy sports provider Scout Gaming Group has reported an 85 per cent increase in revenue to SEK15.0m for the third quarter of 2020, as the number of active players across its network rose 117 per cent compared to last year.

Scout said that fantasy sports activity was higher than normal [...]

1 min read
Pennsylvania

Pennsylvania hits record iGaming and sports betting high in October

Pennsylvania’s regulated gambling market saw total gaming and fantasy contests revenue grow by 13 per cent to $320.2m in October, buoyed by record performances in iGaming and sports betting.

Total gaming revenue climbed for the fourth consecutive month, despite continued declines within the land-based sector, where slot machine revenue fell 17 [...]

1 min read
DraftKings

DraftKings raises revenue guidance as Q3 loss nears $350m

New York-listed DraftKings has raised its full-year revenue forecast for 2020 after third quarter revenue nearly doubled to $132.8m.

Revenue from B2C operations increased by 55 per cent year-on-year to $103.7m following the return of major global sports, with B2B activity from SBTech contributing a further $29.2m in revenue.

DraftKings generated more [...]

1 min read
Flutter Entertainment

Australia and US drive Flutter Entertainment revenue growth in Q3

London-listed gaming operator Flutter Entertainment grew third quarter revenue by 30 per cent to £1.33bn as it benefited from a 41 per cent increase in average daily customers during the period.

The company recorded a strong performance across all divisions except for Paddy Power Retail, which saw revenue fall by 2 [...]

1 min read
Scout Gaming Group

Scout Gaming targets Balkans expansion with Meridianbet deal

Stockholm-listed Scout Gaming has entered into an agreement to provide its B2B fantasy sports solutions to Balkan-facing operator Meridianbet.

The deal will see Scout’s products launched in the Balkans for the first time through Meridianbet’s chain of retail outlets in Serbia, Montenegro and Bosnia & Herzegovina, as well as online.

The integration [...]

2 mins read

NFL Players Association acquires stake in US fantasy sports operator

The NFL Players Association (NFLPA) has acquired a stake in US fantasy sports operator Monkey Knife Fight (MKF).

The acquisition forms part of an exclusive long-term partnership between MKF and the NFLPA, the union for professional football players in the NFL, and OneTeam Partners, which helps athletes maximize the value of [...]

3 mins read
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