Sports
August 21, 2025
CME Group and FanDuel Team Up to Offer Event-Based Contracts
CME Group, the top derivatives exchange worldwide, and online gaming powerhouse FanDuel have joined forces to broaden the reach of regulated event-based contracts in the United States. The team-up, announced on August 20, brings together financial markets and online gaming, opening up new doors for everyday traders and bettors. New CME-FanDuel Partnership Brings Low-Cost Event […]
Sports
August 7, 2025
Flutter Debates Whether to Expand in Nevada with FanDuel
Flutter Entertainment has commented on potentially expanding to Nevada with its flagship sports betting brand – FanDuel, ahead of the company’s second-quarter earnings call. The company has similarly commented on recent rumors that it is negotiating a deal with Kalshi. Flutter Addresses Kalshi Rumors and Ponders FanDuel Growth Speaking to the Nevada Gaming Board on […]
Business
July 31, 2025
Flutter Entertainment Completes Boyd Agreement, Cements 100% Ownership in FanDuel
Earlier this month, Flutter Entertainment announced the purchase of the last 5% of FanDuel from Boyd Gaming Corporation. The deal has now officially closed, cementing Flutter’s ownership in the leading sportsbook. Flutter Set Out to Acquire All of FanDuel The transaction valued FanDuel at $31 billion, forcing FanDuel to secure a $1.75 billion loan for […]
Industry
July 16, 2025
Iowa Regulator Slams FanDuel with $125K in Fines
The Iowa Racing and Gaming Commission has slammed FanDuel with several fines over illegal bets and responsible gambling failures. The company accepted the derision and promised to strive for higher standards. The Operator Will Have to Pay $125K for Its Failures The commission’s fines were related to a variety of issues, including prohibited bets on […]
Business
July 16, 2025
FanDuel Doubles Down on Suspending Bettors Who Harass Athletes
From hecklers to death threats, professional and even amateur athletes, not to mention student-athletes, have been the target of people who have wagered on their performance and came up empty-handed. Irate Bettors Who Lose Their Minds and Issue Threats Are Now Fair Game Student-athletes are increasingly targeted by online abuse, with 12% of all social […]
Business
July 11, 2025
Flutter Entertainment Takes Full Control of FanDuel in Big $1.76B Deal
Flutter Entertainment has struck a deal to buy the last 5% of FanDuel from Boyd Gaming Corporation. This $1.755 billion purchase will give Flutter total ownership of the top US sportsbook and iGaming platform. The move values FanDuel at about $31 billion and will change the US sports betting scene. Flutter Secures $1.75B Loan for […]
Sports
July 9, 2025
FanDuel Beefs Up Public Policy Team as Rules Change
Sports betting giant FanDuel Group has grown its leadership by hiring two experienced public policy professionals. The company brought on Shailagh Murray as Senior Vice President of Public Affairs and Jonathan Nabavi as Vice President of Federal Affairs. These key hires happen as online gaming and sports betting face big rule changes across the US. […]
Industry
June 26, 2025
FanDuel Amends T&C After Tipster’s Parlay Cost It $2.2M
FanDuel has introduced changes to its Terms and Conditions (T&C), preventing groups from betting together. Fans believe that this change was sparked by a recent parlay win and critiqued the operator for alleged hypocrisy. FanDuel Changes Its T&C The parlay that fans believe prompted the change was a seven-leg MLB home rum parlay promoted by […]
Sports
June 23, 2025
FanDuel Shutters Physical Sportsbook Amid Weak Results
FanDuel has decided to shutter its PHX Arena retail sportsbook in Arizona, citing poor results. The arena, which hosts the Phoenix Suns, a prominent National Basketball Association (NBA) franchise, was supposed to be an excellent venue for the company’s operations, tapping into the fanfare and excitement surrounding home games. FanDuel to Reform Major Venue as […]
Sports
June 17, 2025
FanDuel Reportedly Eyes Strategic Partnership with Kalshi
FanDuel has started early talks with Kalshi, a prediction market platform. This move suggests traditional sportsbooks might be adjusting to the quick changes in the sports betting market. FanDuel and Kalshi May Join Forces as Betting and Prediction Markets Converge Kalshi gained attention during the 2024 US Presidential election. It lets users trade on real-world […]