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Gambling News - 'Fanatics'
Industry
May 29, 2024
MGC Fines Fanatics for Offering In-State College Bet
The Massachusetts Gaming Commission (MGC), the state’s gambling regulator, has issued a fine of $10,000 to Fanatics Sportsbook. According to the authority, the gambling company violated the state’s betting rules by allowing customers to wager on an in-state collegiate sports team. The bet in question was placed in December last year. The MGC learned that […]
Legal
May 28, 2024
Former DraftKings Exec Appeals Court-Imposed Limits on New Role at Fanatics
Michael Hermalyn, a former employee of DraftKings, is challenging a federal judge’s imposition of considerable constraints on his new position at Fanatics, a rival sports betting company. The appeal against the ban, which has been filed with the 1st US Circuit Court of Appeals questions an order handed down by US District Judge Judith Cobick […]
Legal
May 1, 2024
Legal Dispute between DraftKings and Fanatics Heats Up
The District Court of Massachusetts granted DraftKings a preliminary injunction against Mike Hermalyn, a former executive accused of stealing and sharing trade secrets with rival company Fanatics. Hermalyn, who served as vice-president of VIP at DraftKings and now holds the position of president of VIP at Fanatics, will face restrictions on his role at the […]
Sports
April 18, 2024
DraftKings’ Lawsuit Exposes Feud with Fanatics in Corporate Warfare
Former executives from DraftKings find themselves embroiled in a legal battle with accusations of enticement and stolen corporate secrets. The ongoing feud between DraftKings and Michael Rubin, the billionaire behind the competing sports-betting company Fanatics, reached a climax during a recent court hearing. DraftKings Lawsuit Unveils Allegations of Breach and Recruitment Tactics The heart of […]
Sports
April 4, 2024
Fanatics Finalizes PointsBet’s US Assets Acquisition
The 2021-launched fast-growing online gaming and sports betting operator, a subsidiary of Fanatics Holdings Inc., Fanatics Betting and Gaming (FBG), confirmed the completion of the acquisition of PointsBet’s US businesses. The announcement came Wednesday with FBG confirming that PointsBet Holdings Limited received the final installment of the landmark $225 million acquisition. The closing of the […]
Sports
March 29, 2024
Fanatics Confirms Sportsbook Launch in Kansas
The global digital sports platform, Fanatics Holdings, announced that its subsidiary, Fanatics Betting and Gaming, launched its services in Kansas, continuing its expansion across the country. Thanks to the market launch, visitors and residents in the state will now have the option to download the Fanatics Sportsbook application which is available for both Android and […]
Legal
March 19, 2024
DraftKings Escalates Prosecution against Former VIP Head
DraftKings, the prominent online sports betting giant, has intensified its legal battle against Michael Hermalyn, the former head of its VIP program, with fresh accusations of corporate espionage. The allegations come in response to Hermalyn’s recent appointment as the president of the VIP division at Fanatics. Hermalyn allegedly misappropriated trade secrets during his time with […]
Business
March 4, 2024
Fanatics Launches Sportsbook in New York, as Planned
Fanatics Betting and Gaming has launched its Fanatics Sportsbook in New York, in line with its ambition to grow its US presence. The lucrative New York market has been something the company has been eyeing for a while and a chief reason for its acquisition of PointsBet’s US assets. The Fanatics Sportsbook will now replace […]
Business
February 28, 2024
Fanatics Enters Indiana, Migrates Former PointsBet Customers
Fanatics Betting and Gaming has launched its Fanatics Sportsbook in Indiana, in line with its ongoing US expansion. Sports fans in The Hoosier State can now download the official Fanatics app and see what the fuss is all about. Fanatics’ sports betting app is available both on Android and iOS devices, allowing local players and […]
Casino
February 23, 2024
Fanatics Rolls Out iGaming and Sports Betting App in Michigan
Fanatics Holdings, the global digital sports platform, announced that its subsidiary, Fanatics Betting and Gaming, the leading betting and gaming platform, rolled out Fanatics Sportsbook and Casino in Michigan. The launch, completed on Thursday, enabled residents and visitors of the state to download Fanatics Sportsbook for Android and iOS devices and engage in exciting online […]