Posts tagged ‘Paddy Power’

Paddy Power BetFair Purchases Majority Share of FanDuel

May 23, 2018

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 Power “will contribute its existing US assets and $158 million in cash.” The cash will be used to […]

UK Bookies Eye US Market – Paddy Power to Acquire FanDuel?

May 16, 2018

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 reported over the last year, almost half of the states within the United States are making moves toward […]

Paddy Power Well Positioned for US Market Says CEO

March 10, 2018

It has not been long since William Hill CEO Philip Bowcock commented on the pending US market opportunity. As you could imagine it wouldn’t be long before the #2 overall bookie in the UK online space Paddy Power (SBA Rating A) commented on the situation as well. In a recent earning call discussing 2017 performance, […]