New York Taps Nine Firms for Mobile Sports Betting at 51% Tax Rate
The New York state gaming commission has recommended that nine sports betting operators, including DraftKings, Caesars, FanDuel and BetMGM, receive mobile licenses to…
FanDuel
Fox Corporation May Be Best Bet for Purchasing The Athletic
The Information recently reported DraftKings (Nasdaq: DKNG) and FanDuel were among the companies that submitted bids to buy The Athletic. The report made sense, since…
Exclusive
Bettor Capital Closes First Fund With Over $50M for Gaming Tech
Bettor Capital, the venture firm launched last year by gambling executive Dave VanEgmond, has closed its first fund, more than $50 million that it will focus on…
Prime
Why ESPN Can Afford to Sit Out the Sportsbook Ad Frenzy
The NFL’s sportsbook partners have spent $50.7 million on in-game advertising since the NFL season began on Sept. 9, and while CBS, Fox and NBC have been quick to cash…
Exclusive
Fanatics Hiring Outgoing FanDuel CEO Matt King
Matt King, CEO of FanDuel for the past four years, is taking a job at ecommerce giant Fanatics as the company explores new business opportunities, according…
Exclusive
Cowherd’s Podcast Network Adds Boxing Show Ahead of Packed Summer
The Volume, the podcast network launched by sports radio personality Colin Cowherd, is buying the distribution rights to Boxing with Chris Mannix, part of its plan to…
FanDuel Is Paying AP to Exclusively Cite Its Sports-Betting Odds in Articles
In an unusual arrangement, the Associated Press will now exclusively cite gambling odds provided by FanDuel in its sports coverage, in exchange for payments from the…
Online Gambling Sites Pump $153.6 Million Into Local TV
If much of the early chatter regarding legalized gambling’s effect on the U.S. sports industry is informed by a sort of technocratic wishful thinking—until the…
NFL Inks Nearly $1 Billion in Betting Deals With DraftKings, FanDuel, Caesars
The National Football League has named its first-ever U.S. sports betting partners—Caesars, DraftKings and FanDuel. Though financial specifics weren’t announced, a…
Phoenix Suns, FanDuel to Build Sportsbook in NBA Arena
The Phoenix Suns will be among the first NBA teams with a sportsbook in their arena, part of a wider agreement with FanDuel that will also give the gambling operator the…
Cowherd’s Volume Joins Chernin’s Action Network to Add Betting Info
Sports radio personality Colin Cowherd’s nascent podcast network, The Volume, is teaming up with The Action Network to bring fans a daily dose of sport gambling…
Exclusive
FanDuel and WAVE.tv Ink Social Media-Driven Sports Betting Partnership
Digital media start-up WAVE.tv is partnering with FanDuel to help the sportsbook acquire new customers through social media. Under the deal, WAVE.tv will create…
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