Tag: Flutter
Flutter, FanDuel “on the sidelines” of prediction-market scrum, legal expert says
Prospects for traditional sports books in a prediction-market world are mixed, according to legal expert Daniel Wallach. His view was... more
FanDuel to pay NFL’s Jaguars roughly $5M to offset losses from ex-employee’s theft: sources
JACKSONVILLE, Fla. (AP) — FanDuel has agreed to pay the Jacksonville Jaguars roughly $5 million to help offset the nearly $20 million... more
Why FanDuel sponsored public transit for Philly’s NFL opener vs. Dallas
Ahead of the Philadelphia Eagles’ home opener against the Dallas Cowboys, the train on Thursday afternoon to Lincoln Financial Field was... more
Baltimore bets on novel approach to rein in DraftKings, FanDuel
A former Baltimore city solicitor praised the lawsuit the city filed in April against DraftKings and FanDuel, noting it’s a novel legal... more
The gray area Robinhood and FanDuel are using to bring sports betting and stock trading closer together
The worlds of sports betting and stock trading have never been more closely connected. And bringing these two industries together is one... more
Flutter’s Paddy Power named official NFL sportsbook partner in UK and Ireland
Flutter Entertainment announced on Wednesday that it reached a deal for its sportsbook, Paddy Power, to become the official sportsbook... more
Wall Street Bets: Online sports betting, Churchill, Wynn Resorts, Las Vegas Strip
Prediction markets for DraftKings, FanDuel? Daniel Politzer of J. P. Morgan on September 2 looked at why prediction markets may be enticing... more
Flutter halts India real-money gaming operations, forecasts US$100M revenue loss
British gaming giant Flutter Entertainment says it expects to forfeit around US$100 million in revenue and US$25 million in Adjusted EBITDA... more
Nevada gaming regulators concerned over FanDuel involvement with prediction markets
Nevada gaming regulators issued a warning Thursday to Flutter Entertainment to stay away from sports prediction markets after its FanDuel... more
Flutter’s move into prediction markets ‘predictable,’ Truist analyst says
After Flutter Entertainment’s announcement that it would enter the event-contract market, stock analysts were quick to react. Flutter... more