Tag: FanDuel
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 ...
Illinois raises sports betting tax as part of the 2026 budget
4 June 2025 at 6:46am UTC-4
Minutes before midnight on Saturday, Illinois lawmakers passed an additional tax on sports bets.
The new tax will incur US$0.25 for every bet placed with a licensed sportsbook ...
Illinois tax increase surprises analysts
2 June 2025 at 12:43pm UTC-4
Wall Street analysts were taken aback by an 11th-hour Illinois budget measure that added handle taxes to those levied on sports book revenue. Gov. J.B. Pritzker has indicated that ...
Massachusetts sports betting revenue hits US$65.4 million for April
22 May 2025 at 5:43am UTC-4
Massachusetts’ sports betting sector enjoyed a successful April, generating combined revenue of US$65.4 million, up from US$49.4 million in April last year, representing a year ...
BetHog: Prospecting on the crypto gambling frontier
19 May 2025 at 8:15am UTC-4
In 2007 Nigel Eccles launched an online political prediction market called Hubdub, which by 2009 had evolved into the fledgling daily-fantasy-sports platform FanDuel ...
DraftKings and FanDuel Baltimore lawsuit removed to federal court
15 May 2025 at 9:03pm UTC-4
A lawsuit filed by city of Baltimore officials against DraftKings and FanDuel has been removed to Maryland federal court after the operators filed for a Notice of Removal on 7 May ...
Sportsbooks react against North Carolina tax rise
13 May 2025 at 9:54am UTC-4
Sports betting companies are pushing back against North Carolina’s recent budget proposal to raise the tax paid on revenue from 8% to 36%.
The proposal passed the Senate on ...
