Tag: FanDuel
FanDuel worth $31 billion, Jefferies analyst says
11 July 2025 at 12:31pm UTC-4
Boyd Gaming’s US$1.7 billion sale of its 5% stake in FanDuel implies a US$31 billion value for the online sports betting provider, according to Jefferies Equity Research analyst ...
FanDuel appoints SVP of Public Affairs and Head of Federal Affairs
8 July 2025 at 6:13am UTC-4
FanDuel has strengthened its public policy expertise by hiring Shailagh Murray as Senior Vice President of Public Affairs, and Jonathan Nabavi as new Vice President of Federal ...
Consumer protection law firms in California launch lawsuit against DFS operators
7 July 2025 at 6:21am UTC-4
A group of California consumer protection law practices has filed class action lawsuits against daily fantasy sports operators FanDuel, DraftKings, PrizePicks, and Underdog ...
Rhode Island expanded sports betting bill fails to pass
1 July 2025 at 6:55am UTC-4
A bill that would have expanded the sports betting market in Rhode Island has failed to materialize despite passing in the State Senate in early June.
Senate Bill 748, which ...
Igaming will outperform this year, Macquarie analyst says
26 June 2025 at 2:40pm UTC-4
Igaming stocks are rising three times as fast as the S&P Index. That was one of the salient findings of Macquarie Equity Research analyst Chad Beynon in an investor note ...
Garden State tax increase can be managed, Truist analyst says
24 June 2025 at 4:35pm UTC-4
Following up on reporting in NJ.com, Truist Securities analyst Barry Jonas weighed in on the tax-increase compromise reached between New Jersey Gov. Phil Murphy and the state ...
Canadian Gaming Summit: Operators seek retention strategies beyond promotions
23 June 2025 at 6:01pm UTC-4
In an increasingly saturated online betting market, operators are shifting focus from promotional acquisition to long-term engagement. The panel "Marketing innovation: building ...
Fitch: Tax hikes could stunt sports betting’s growth
16 June 2025 at 4:41pm UTC-4
“Recent and proposed state sports betting tax hikes could dampen the online gaming sector’s positive growth momentum,” Fitch Ratings Associate Director David Lowenstein ...
FanDuel user fee not likely to spread past Illinois, Jefferies analyst says
10 June 2025 at 1:42pm UTC-4
Flutter Entertainment has announced it will levy a US$0.50 surcharge, or “transaction fee,” on all bets placed online in the state of Illinois, pursuant to state's institution ...
New York State OSB revenue outpaces handle
9 June 2025 at 4:18am UTC-4
Online sports betting revenues of US$249 million in May represented a 22.4% surge in New York State winnings.
The increase was driven in part by 11.3% hold, compared to 10.3 ...
