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Legal
February 9, 2024
Court Issues Restraining Order against Former DraftKings Executive
Michael Z. Hermalyn, Fanatics VIP president and former SVP of growth at DraftKings, was temporarily prohibited from disclosing any sensitive information obtained from his former employer to his new employer. The temporary restraining order was issued on Thursday and while it restricted Hermalyn from using any confidential information or soliciting with DraftKings employees or clients, […]
Legal
February 8, 2024
Fanatics VIP Chief Denies DraftKings Allegations Amid Legal Battle
In a legal tussle between sports betting giants, Fanatics’ newly appointed VIP chief, Michael Hermalyn, refutes allegations brought forth by DraftKings, terming them as “wrong and disappointing” and “false and fabricated.” Former DraftKings Employee Denies Allegations of Data Theft Conspiracy with Fanatics CEO The dispute took a legal turn when DraftKings filed a lawsuit accusing […]
Industry
February 7, 2024
Fanatics Betting and Gaming Launches Fanatics Sportsbook in Iowa
A few weeks after hitting the Pennsylvanian market, Fanatics Betting and Gaming launched its Fanatics Sportsbook in the state of Iowa. As a result, Iowan players and visitors will now be able to download the dedicated Fanatics Sportsbook app and place exciting wagers with the operator. Iowa is notably the twelfth state where the Fanatics […]
Legal
February 6, 2024
Former DraftKings Executive Challenges Non-compete Policy in Court
A former DraftKings executive is challenging non-compete agreements he signed with his employer. The legal case, filed by Michael Z. Hermalyn, Fanatics VIP’s president and former senior vice president of growth at DraftKings, was filed Thursday. In his lawsuit, the executive argues that the non-compete policies he agreed to with his former employer are unenforceable […]
Industry
January 22, 2024
Fanatics Betting and Gaming Hits the Pennsylvanian Market
Fanatics Betting and Gaming announced that its Fanatics Sportsbook and Casino brand is finally live in Pennsylvania. Former PointsBet customers will be automatically migrated to the new platform. As per the local rules, the operator will first undergo a two-day soft launch period under the supervision of the Pennsylvania Gaming Control Board. However, Fanatics explained […]
Casino
January 19, 2024
Fanatics Hints at Launch of Online Casino in Pennsylvania Next Week
In November, residents of West Virginia gained access to Fanatics’ online casino. This marked the debut of the brand for the online casino vertical and its existing PointsBet users were given instructions on how to access their account with the operator. The launch was achieved after last year, Fanatics agreed to acquire PointsBet’s US-facing assets. […]
Business
December 18, 2023
Fanatics May Be Positioning Itself to Go Public in 2024
The potential public offering comes on the heels of two investor days this year, fueling previous market rumors suggesting a possible IPO debut for the Florida-based merchandise and media giant. The company’s successful foray into sports betting highlighted its successful diversification efforts as it built upon its partnerships with high-profile leagues like the NFL, NHL, […]
Sports
December 12, 2023
Ohio Faces Backlash Over Proposed Sports Betting Restrictions
The Ohio Casino Control Commission (OCCC) recently unveiled a proposal to limit the connection between sportsbooks’ promotional offers and non-gambling transactions. Fanatics Sparks Regulatory Debate in Ohio Over Sportsbook Bonus Bets The commission’s draft regulations made public on November 9, aim to address concerns raised during an exchange between the OCCC and Fanatics in May. […]
Sports
December 6, 2023
Fanatics Sportsbook Launches in Colorado as 8th Available State
The move comes following the acquisition of the PointsBet assets in the state, allowing Fanatics Sportsbook to use the infrastructure that is already in place and secure a firm foothold in the state. PointsBet Users Can Transition to Fanatics with Same Login Details Effectively, sports fans can now download the dedicated iOS and Android apps […]
Sports
November 17, 2023
Fanatics Confirms Sportsbook Launch in West Virginia
The global digital sports platform, Fanatics Holdings, announced that its subsidiary, Fanatics Betting and Gaming, rolled out its sportsbook for the regulated gambling market in West Virginia. Announced Thursday, the launch promises the most rewarding online sportsbook in the state, offering supreme entertainment and experiences. Thanks to the launch, Fanatics Sportsbook is now available for […]
