Tag: FanDuel
Wall Street Bets: Gaming stocks, IGT, Las Vegas Strip, New York OSB
Gaming industry overview Dan Politzer of J.P. Morgan on June 26 released an overview of gaming stocks: “Macau was one of the more... more
Wall Street Bets: Sports betting taxes, BetMGM, lodging trends, regional properties
Taxes on sports betting could dampen growth Fitch Ratings June 16 issued a note regarding recent and proposed sports betting tax hikes,... more
FanDuel Sportsbook inside Phoenix Suns arena will close, become lounge
The sun continues to set on a one-time sports betting industry big idea. The Phoenix Suns announced this week that FanDuel Sportsbook... more
FanDuel, Kalshi have discussed a deal: report
FanDuel has discussed a deal with the upstart trading exchange Kalshi that would include various betting efficiencies, Front Office Sports... more
Illinois: Governor bets FanDuel, DraftKings won’t leave Illinois over hefty sports wagering tax hike
Illinois legislators have called the bluff of online sports betting companies that are suggesting they might reduce operations — or close... more
Man wins $800K in sports bets at casinos in two states, but the casinos won’t pay. Who was in the right?
This is the fascinating tale of a twentysomething suburban Chicago man who won $800,000 in sports bets, which he traveled as far as Iowa to... more
EDITORIAL: Baltimore’s good bet against problem gambling
Concerned about the proliferation of online betting and the rise in problem gambling across Britain, the country’s government launched a... more
Wall Street Bets: Light & Wonder vs. Aristocrat, New York OSB, Sportradar Investors Day
Light & Wonder reassures investors Truist Securities’ Barry Jonas focused on the Light & Wonder/Aristocrat news of last week.... more
Maryland: Baltimore sues DraftKings, FanDuel, alleging misleading tactics
The city of Baltimore sued DraftKings and Flutter Entertainment, the parent company of FanDuel, on Thursday, accusing the sportsbooks of... more
FanDuel and DraftKings made peace with California tribes over sports betting expansion
The top executives at DraftKings and FanDuel admitted past mistakes and struck a conciliatory tone with California tribes Monday at the... more
