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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
New York-listed DraftKings has entered into an exclusive multi-year sponsorship deal with professional golfer Bryson DeChambeau.
The collaboration will see DeChambeau become the new face of DraftKings Golf, with the operator’s logo to feature on DeChambeau’s signature golf cap, beginning with this month’s 2020 Masters.
“Professional golf has been a key growth [...]
New York-listed betting and fantasy sports operator DraftKings has been named a primary sponsor of the University of Nevada's (UNLV) Center for Gaming Innovation.
The multi-year agreement will see DraftKings open a Gaming Innovation Studio at UNLV and gives the company access to local talent, while furthering the company’s ties to [...]
Flutter Entertainment-owned FanDuel Group has appointed Sarah Butterfass as its new chief product officer (CPO).
Butterfass will lead FanDuel’s product development organization and joins the sports betting and fantasy sports operator from online marketplace Groupon, where she served as CPO for the past two years.
Prior to joining Groupon in 2018, she [...]
Pennsylvania’s regulated gambling market grew for the third consecutive month in September as another record iGaming performance offset continued declines within the land-based sector.
Total betting and gaming revenue increased by 1 per cent to $284.2m in September, despite retail slots and table revenue declining by 16 per cent to $157.5m [...]
There were strong returns for shareholders in Q3 as the gaming industry’s collective share price continued to rebound after being decimated in March by the Covid-19 pandemic.
With combined share prices in Q2 rising by 46 per cent to offset many of the losses in Q1, the 50 publicly-listed operators and [...]
New York-listed sports betting operator DraftKings expects to report a 97 per cent increase in third quarter revenue to between $131m and $133m.
The trading update accompanied the launch of DraftKings' underwritten public offering of 32m shares on Monday, half of which are being offered by DraftKings and the other half [...]