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FanDuel, Inc.

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  • Thursday, 10 August, 2023
    The Big Read
    The dark side of the US sports betting boom

    Americans have bet $245bn on sporting events since restrictions were loosened in 2018. But many fear a surge in gambling addiction is coming

    A person with their face in shadow sits hunched over against a background of sports betting sites logos
  • Tuesday, 14 February, 2023
    Flutter Entertainment PLC
    UK betting group Flutter looks at US listing

    Paddy Power owner to seek view from shareholders ‘immediately’

    The Betfair logo behind a keyboard, gambling chips and dice
  • Tuesday, 7 February, 2023
    LexTravel & leisure industry
    Super Bowl/sports betting: turf war means hard yards for investors Premium content

    The major gambling groups need more US states to legalise sports wagers to become profitable

    A person makes a sports bet at a casino
  • Tuesday, 1 March, 2022
    Flutter Entertainment PLC
    Flutter profits hit by efforts to tackle problem gambling

    Shares in Paddy Power and FanDuel owner slide as earnings fall 18%

    Davy Russell riding Conflated to win The Paddy Power Irish Gold Cup at Leopardstown Racecourse in Dublin, Ireland
  • Monday, 4 October, 2021
    Interview
    New FanDuel chief says race for US gamblers is a bubble

    Amy Howe expects companies to fail as market consolidates

    A woman watches a game after making her bets at the FanDuel sportsbook
  • Tuesday, 10 August, 2021
    Flutter Entertainment PLC
    Betfair owner Flutter targets US profits from 2023 after sales surge

    Group has 45 per cent share of American online sports betting market as it pours money into advertising

    Betfair logo behind gambling dice and chips
  • Thursday, 15 April, 2021
    Gambling industry
    NFL signs sponsorship deals with three gambling companies

    Agreements with Caesars Entertainment, DraftKings and FanDuel mark an about-face for American football league

  • Tuesday, 6 April, 2021
    Fox Corporation
    Fox sues Flutter over FanDuel stake

    Valuation dispute comes as sports betting takes off in the US

    Woman watches an American football game at FanDuel
  • Monday, 15 March, 2021
    LexGambling industry
    Flutter/DraftKings: good form dictates a FanDuel float Premium content

    Even with the lockdown surge in business, neither of the sports betting sites is profitable

  • Monday, 15 March, 2021
    Flutter Entertainment PLC
    Flutter considers partial float of US betting arm

    Listing of FanDuel would look to capitalise on demand in America’s fast-growing gambling market

    Gamblers make their bets on FanDuel during the Super Bowl
  • Friday, 6 September, 2019
    News in-depthBet365 Group Ltd
    UK’s Bet365 takes a punt on US market

    Stoke-based operator looks to bring its in-play betting expertise to New Jersey’s shores

    Green Bay Packers' Aaron Rodgers throws during the first half of an NFL football game against the Chicago Bears Thursday, Sept. 5, 2019, in Chicago. (AP Photo/Charles Rex Arbogast)
  • Wednesday, 8 August, 2018
    Sport
    Paddy Power dims profit outlook as FanDuel buy weighs

    Bookmaker closed purchase of sports betting site FanDuel last month

  • Friday, 3 August, 2018
    Travel & leisure industry
    Paddy Power strikes pact with US casino operator

    Boyd Gaming deal is latest to follow Supreme Court’s decision on sports betting in May

  • Wednesday, 23 May, 2018
    Travel & leisure industry
    Paddy Power acquires FanDuel
  • Tuesday, 15 May, 2018
    Retail & Consumer industry
    Paddy Power Betfair in talks to buy FanDuel
  • Thursday, 13 July, 2017
    US & Canadian companies
    FanDuel and DraftKings scrap merger plan after opposition

    Fantasy sports sites vow to grow alone after competition regulators moved to block deal

    The FanDuel Inc. and DraftKings Inc. apps are displayed on an Apple Inc. iPhone in Washington, D.C., U.S., on Sunday, Oct. 4, 2015. Fantasy sports companies DraftKings Inc. and FanDuel Inc. raised a total of $575 million in July from investors including KKR & Co., 21st Century Fox Inc. and Major League Baseball to attract players to games that pay out millions of dollars in cash prizes in daily contests. Photographer: Andrew Harrer/Bloomberg
  • Thursday, 13 July, 2017
    Mergers & Acquisitions
    DraftKings, FanDuel call off merger following FTC challenge
  • Monday, 19 June, 2017
    US & Canadian companies
    FTC moves to block DraftKings-FanDuel merger

    Injunction against fantasy sports deal points to antitrust continuity under Trump

    The DraftKings Inc. app and FanDuel Inc. website are arranged for a photograph in Washington, D.C., U.S., on Monday, Oct. 5, 2015. Fantasy sports companies DraftKings Inc. and FanDuel Inc. raised a total of $575 million in July from investors including KKR & Co., 21st Century Fox Inc. and Major League Baseball to attract players to games that pay out millions of dollars in cash prizes in daily contests. Photographer: Andrew Harrer/Bloomberg
  • Monday, 19 June, 2017
    Mergers & Acquisitions
    US regulators move to block fantasy sports tie-up between DraftKings and FanDuel
  • Monday, 21 March, 2016
    US & Canadian companies
    DraftKings and FanDuel stop running paid contests in New York

    Fantasy sports sites in longstanding dispute with Attorney-General Eric Schneiderman

    The DraftKings Inc. logo is arranged for a photograph on an Apple Inc. iPhone in Washington, D.C., U.S., on Sunday, Oct. 4, 2015. Fantasy sports companies DraftKings Inc. and FanDuel Inc. raised a total of $575 million in July from investors including KKR & Co., 21st Century Fox Inc. and Major League Baseball to attract players to games that pay out millions of dollars in cash prizes in daily contests. Photographer: Andrew Harrer/Bloomberg
  • Friday, 11 December, 2015
    Travel & leisure industry
    New York court shuts fantasy sports sites

    DraftKings and FanDuel are granted request for temporary stay of decision

    The FanDuel Inc. app and DraftKings Inc. website are arranged for a photograph in Washington, D.C., U.S.
  • Friday, 13 November, 2015
    Retail & Consumer industry
    Fantasy sports companies sue New York attorney-general

    DraftKings says prosecutor’s shutdown order was ‘misguided’

    The FanDuel Inc. app and DraftKings Inc. website are arranged for a photograph in Washington, D.C., U.S.
  • Wednesday, 11 November, 2015
    LexFinancial Commentary
    Fantasy sports: one big gamble

    DraftKings and FanDuel are using the Uber playbook to try to avoid being closed down in New York

    The FanDuel Inc. app and DraftKings Inc. website are arranged for a photograph in Washington, D.C., U.S.
  • Wednesday, 11 November, 2015
    US & Canadian companies
    New York tells fantasy sport sites to stop taking bets

    Attorney-general says DraftKings, FanDuel violated state gambling laws

    All to play for: Nigel and Lesley Eccles are co-founders of FanDuel
  • Monday, 26 October, 2015
    Sport
    US in a state about fantasy sports gambling

    The net is now closing on some sites and soon America’s fun police will claim two more victims

    Dallas Stars' Alex Goligoski (33) and Pittsburgh Penguins' Olli Maatta (3) battle for the puck in the corner during the second period of an NHL hockey game in Pittsburgh, Thursday, Oct. 22, 2015. (AP Photo/Gene J. Puskar)
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