Home / Tag Archives: FanDuel

Tag Archives: FanDuel

Paddy Power Betfair Merging with FanDuel for US Operations

Paddy Power Betfair and FanDuel are merging their US operations, creating a US-facing gaming entity with a focus on sports betting. It’s the first major UK/US gaming merger to emerge from the US Supreme Court’s recent decision to leave the future of American sports betting in the hands of American …

Read More »

Paddy Power Betfair Looking at Possible FanDuel Acquisition

Officials from Paddy Power Betfair are in negotiations to possibly acquire the US daily fantasy sports site FanDuel. It’s the first major, potential, acquisition of a US sports wagering firm since the US Supreme Court green-lighted regulated sports betting at the state level earlier this week. And, in the eyes …

Read More »

FanDuel CEO and Co-Founder Moving on to Greener Pastures

FanDuel CEO Nigel Eccles is leaving the company almost eight years after he helped to found it and put daily fantasy sports on the worldwide gaming radar. Eccles’ exit comes at a time when the controversial company is both mired in legal battles and, according their own reports, is nearing …

Read More »

Auditor’s Alarming Find: FanDuel Hemorrhaging Cash

Auditors looking at the financials of daily fantasy sports operator FanDuel are finding that the company is losing money at an alarming rate. Their findings are just the latest in a string of bad news reports that have dogged the once high flying sports operator. According to published reports on …

Read More »

FanDuel Shuts Down UK-Facing Operation

FanDuel is shutting down its UK-facing operation as it prepares to fight for its life in the chaotic US daily fantasy sports market. The move is a good indication of how desperate the situation is at the company, now that its dreams of merging with rival DraftKings have been put …

Read More »

DraftKings and FanDuel Call Off Proposed Merger

The proposed merger between daily fantasy sports giants, FanDuel and DraftKings has been called off. Company officials called off the deal late Thursday but questions about the fate of both companies will be lingering for the foreseeable future. Joining the two biggest names in the daily fantasy sports world seemed …

Read More »

FTC Puts Brakes on DraftKings, FanDuel Merger

The US Federal Trade Commission (FTC) has filed suit in an effort to block the proposed merger of daily fantasy sports giants DraftKings and FanDuel. This is very bad news for the beleaguered US-facing daily fantasy sports industry. In filings associated with the lawsuit, FTC lawyers stated that their efforts …

Read More »

DraftKings and FanDuel Merger Dreams in Serious Jeapordy

The proposed merger between daily fantasy sports giants FanDuel and DraftKings could be in jeopardy because of objections from the Federal Trade Commission (FTC). It’s just the latest headache for a US-facing daily fantasy sports business that’s already fighting for its life across the nation. According to a report on …

Read More »

FanDuel Partners with WNBA for First Women’s DFS Action

FanDuel is partnering up with the Women’s National Basketball Association (WNBA) on what’s being described as the first-ever one-day DFS leagues involving a professional women’s sports league. It’s a big step for both the WNBA and FanDuel, but will there be enough fan support to keep the idea afloat? The …

Read More »

DraftKings and FanDuel Ready to Merge

DraftKings and FanDuel, the two biggest names in daily fantasy sports (DFS) have agreed to merge their business operations. If approved, the deal would create a DFS behemoth that controls a full 80 percent of the US market. The deal, which was announced late last week, is a desperate bid …

Read More »