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Fantasy Sports News

DraftKings

DraftKings goes to court to prevent former SVP aiding Fanatics

DraftKings is going to court to prevent its former senior vice president of business development from using the company’s confidential information to assist a competitor.

In the suit filed in the US District Court for Massachusetts, DraftKings accuses former executive Michael Hermalyn of engaging in discussions with rival operator Fanatics since [...]

1 min read

Continent 8 Technologies appoints senior technical solutions architect

Global network solutions provider Continent 8 Technologies has named Matteo Gabrielli as senior technical solutions architect.

Matteo joins after more than four years' service at Amazon Web Services (AWS), most recently serving as senior solutions architect for digital native businesses.

“Matteo is a very important hire as we continue to enhance our [...]

2 mins read

Flutter Entertainment readies to move primary listing to NY

Flutter Entertainment is proposing to move its primary listing to the New York Stock Exchange (NYSE) after marking a historic moment for the company on Monday as its shares began trading in New York.

The company’s shares opened for trading at $212.00 per share on the NYSE under the FLUT ticker [...]

3 mins read
DraftKings

DraftKings brings in Marie Donoghue as chief business & growth officer

Boston-headquartered betting and gaming operator DraftKings has added to its executive leadership team with the appointment of Marie Donoghue as chief business and growth officer.

Donoghue most recently served as vice president of Amazon’s US sports content and partnerships, helping to position Amazon and Prime Video as a major player in [...]

2 mins read

Arizona sports wagers surpass $700 million in November

Arizona’s sports wagers surpassed $700 million for the first time in November, rising by 16 per cent to $713.6 million.

Mobile sports betting reached a record $705.7 million during the month, an increase of 15 per cent year-on-year.

Retail sports betting was also at record levels in Arizona and grew by 40 [...]

1 min read

Underdog partners McConnell Golf for North Carolina sports betting

Fantasy sports operator Underdog Sports has agreed a deal to launch its first sports betting product in North Carolina through a partnership with McConnell Golf, owner of Sedgefield Country Club.

Underdog is one of nine sportsbook operators to submit applications to the North Carolina State Lottery Commission, which confirmed Wednesday that [...]

2 mins read

Continent 8 Technologies adds Dave Phillips to leadership team

Continent 8 Technologies has named long-serving Google executive Dave Phillips as its new vice president of network.

Phillips spent nearly 15 years at Google in a range of leadership roles across engineering, operations, delivery and product teams.

At Continent 8, he will oversee the company’s global network of more than 100 data [...]

2 mins read

SharpLink sells SportsHub fantasy sports and free-to-play businesses

SharpLink Gaming has sold its SportsHub fantasy sports and free-to-play game development businesses to RSports Interactive for $22.5 million.

SharpLink only acquired the SportsHub business just over a year ago, but said that the sale would significantly reduce its operating expenses and help the company achieve positive cash flow from its [...]

1 min read

WA.Technology brings in chief strategy officer to continue LatAm expansion

Malta-headquartered iGaming solutions provider WA.Technology has appointed Sander Koch as chief strategy officer (CSO) as the company looks to expand its presence across Latin America.

Koch brings over 18 years’ experience in management consulting, and most recently served as a partner at Dubai-based consultancy firm Arthur D. Little.

“Sander's appointment as chief [...]

3 mins read
Pennsylvania

Pennsylvania reports $534 million in December gambling revenue

Gambling revenue in Pennsylvania grew by 13 per cent to $534.2 million in December, which was a new monthly record for the Keystone State.

Both iGaming and sports betting set new monthly revenue highs, the former up by 23 per cent to $165.1 million and the latter 33 per cent higher [...]

1 min read

Connecticut posts sports and iGaming bets of $1.5 billion in December

Connecticut’s sports and iGaming wagers set another monthly record in December, rising by 29 per cent to $1.50 billion.

Wagering on iGaming in Connecticut was up by 28 per cent to $1.29 billion, finishing 2023 on a new monthly high.

Online sports handle was above $200 million for the first time, growing [...]

1 min read

Golden Matrix widens loss despite record revenue in FY23

Las Vegas-based Golden Matrix Group has reported a 23 per cent increase in revenue to a record $44.2 million for the fiscal year ended 31 October 2023.

The company’s B2C operations contributed $28.5 million in revenue, with a further $15.6 million generated from B2B.

Within the B2C segment, RKings Competitions had over [...]

1 min read
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