Tag: Flutter
CME plans sports-linked contracts. What does that mean for FanDuel parnership?
Chicago-based derivatives exchange CME Group plans to launch financial contracts linked to sports events and economic indicators before the... more
Flutter and BHA looking for ‘bold ideas’ to revamp UK horse racing
British bookmakers and horse racing organisers haven’t quite been seeing eye to eye over the past few months, but a new initiative... more
Flutter to shut 57 Paddy Power shops in UK and Ireland with almost 250 jobs at risk
Paddy Power is to shut 57 betting shops across the UK and Ireland, putting almost 250 workers at risk. Parent firm Flutter, which also owns... more
FanDuel’s (sports-less?) prediction betting app could be coming soon
The launch of a federally regulated, FanDuel-branded prediction market could be close, according to comments from stock analysts and a key... more
Court case against Betfair could change UK online gambling after bettor blows £1.5M
A multimillionaire who blew nearly £1.5m on football wagers is attempting to overturn a ruling after suing Betfair for allowing him to... more
FanDuel-CME prediction platform to offer hourly version of day trading
CME and FanDuel’s prediction market offering will be based on contracts that are active for one hour each – a product that arguably... more
Paddy Power opens its first UK casino sportsbook at Hippodrome London
Flutter Entertainment’s Paddy Power has set up its first sportsbook in a casino, a new concept for the British gaming space following... more
Flutter selloff prompts analyst rebuke
Jefferies Equity Research analyst James Wheatcroft placed a “Buy” rating on Flutter Entertainment stock after a slump in the share... more
Kalshi rolls out same-game parlays, DraftKings and FanDuel shares plunge
Kalshi’s new same-game parlays may have brought in less than $2,000 in fees for the prediction market on their first day of trading, but... more
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
