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Paddy Power BetFair Purchases Majority Share of FanDuel
The UK bookie giant buys majority share of the Daily Fantasy heavyweight. We have had our eye on this possible merger for a few weeks and first reported it last week. The purchase price is that Paddy ... -
UK Bookies Eye US Market – Paddy Power to Acquire FanDuel?
Everyone has heard by now that the Supreme Court of the USA struck down the 1992 PAPSA legislation which forbid sports betting in most of the USA. But now many are asking what’s next. As we have... -
Fantasy Sports and Sports Betting Would be Perfect Fit
Sports fans and entertainment companies alike are collectively awaiting the Supreme Court’s decision on the matter of sports betting. Any day now they are expected to strike down an antiquated l... -
MLB and NBA Drop Equity Stakes in Daily Fantasy Sports
This is good news for people out there wanting to be able to bet sports at a local state level. MLB and the NBA have officially dropped their investment stakes in FanDuel and DraftKings. This is an ob... -
Judges Rules Fantasy Horse Racing Is Wagering
In California, a federal judge ruled that the services offered by Derby Wars the fantasy horse racing website are equal to wagers and not contests. This week, the federal judge granted a request by th... -
Kentucky Says No For Now to Daily Fantasy Sports
Kentucky became the latest U.S. state to look into Daily Fantasy Sports with bill H 414 being introduced to the lawmakers in February. However, the measure was defeated by Kentucky’s House only two ... -
DraftKings Finds More Investors in Partnership with Revolution Growth
DraftKings the operator of Daily Fantasy Sports announced on Thursday that it ended a round of funding by raising $153 million with venture capital company Revolution Growth that Ted Leonsis co-founde... -
New York Approves Daily Fantasy Sports As Governor Signs Bill
Governor Andrew Cuomo officially signed a Fantasy Sports Bill on Wednesday into law legalizing fantasy sports for the state of New York. The battle to have fantasy sports made legal in New York has be... -
More States Adopt Daily Fantasy Sports Regulations
A minimum of six states have adopted laws governing Fantasy Sports, while another 21 did not. The six states are Colorado, Indiana, Mississippi, Missouri, Tennessee and Virginia. The six enacted laws ... -
Daily Fantasy Sports Companies’ Problems Persist, Capital Funding Drops
Anyone who watches any television has seen the deluge of daily fantasy sports advertisements from the two heavyweights in the industry: FanDuel and DraftKings. According to one analyst, DraftKings and...
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