Tag Archives: FanDuel

FanDuel expands mobile development capabilities with KotiKan acquisition

Following last week’s announcement of its $275 million Series E venture round funding, daily fantasy sports (DFS) operator FanDuel has confirmed the acquisition of Scottish app development studio KotiKan. FanDuel who stated that it would use its raised funds to further develop in-house development and delivery competencies, acquired the Edinburgh based mobile development studio who have worked on FanDuel mobile …

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FanDuel secures $275 million with Google & Time Warner as Series E investors

Leading daily fantasy sports operator FanDuel has been valued at $1 billion, following its latest venture capital ‘Series E’ round of $275 million. The investment round was led by Venture Capitalist firm  Kohlberg Kravis Roberts (KKR), technology news sources report that new FanDuel investors include Time Warner and Google Capital (Source: Crunchbase). The $275 million comes less than 12 months …

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David Clifton – Licensing Expert – Will the fantasy sports explosion cross the Atlantic

Gambling  industry legal expert David Clifton, examines the fast growing US daily fantasy sports market, and considers whether Europe’s diverse regulatory conditions will allow for fantasy sports to gain  traction and new market entry Fantasy sports have exploded in a big way in the US. My inbox seems saturated with emails informing me that this is the fastest growing segment …

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FanDuel targets development expansion with new Glasgow City offices

Daily fantasy sports operator FanDuel is set to expand its product development and delivery capabilities by employing a further 200 software specialists for its new Glasgow city offices. In December 2014, the Edinburgh founded operator announced that it would open a new development office in Glasgow City Centre. The fast growing company has doubled its Scottish workforce in the past …

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Disney backs out of $250 million DraftKings funding

US business and technology news sources have reported that Walt Disney Co (Disney) has backed away from its proposed $250 million investment in daily fantasy sports operator DraftKings. Disney will continue its partnership with DraftKings by providing exclusive fantasy sports content through its sports media network ESPN. DraftKings management stated that the operator was pleased to continue its partnership with …

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DraftKings partners with ‘The Garden’

US daily fantasy sports operator Draftkings, continues its high level marketing expansion with the conformation of a multi-year marketing agreement with New York sports and entertainment venue Madison Square Garden Co. DraftKings will displace rival operator FanDuel as official fantasy sports partner of Madison Square Garden (MSG). The partnership will see the DaftKings brand promoted throughout the MSG venue, the …

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FanDuel hires defunct Zynga Sports365 staff

Leading daily fantasy sports operator FanDuel has reportedly hired the majority of social gaming operator Zynga’s defunct social sports gaming and fantasy sports division Zynga Sports365. As part of its ongoing corporate re-structure Zynga announced that it would look to cut some 300 jobs (17% of workforce). The firm further confirmed that it would no longer support in its social …

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FanDuel seals partnerships with half the NFL

In its ongoing battle for market share of the burgeoning US daily fantasy sports market, market leader FanDuel has confirmed that it has agreed exclusive partnerships with 15 NFL franchises. On Wednesday the operator confirmed exclusive fantasy sports partnerships the following NFL team Baltimore Ravens Buffalo Bills Cincinnati Bengals Detroit Lions Green Bay Packers Houston Texans Indianapolis Colts Jacksonville Jaguars …

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Yahoo looks to enter daily fantasy sports market in 2015

Digital media operator Yahoo has announced that it is planning to enter the daily fantasy sports market, as the media company aims to become the marketplace’s third biggest player. Yahoo CEO Marissa Mayer announced the upcoming product launch during the company’s Q1 earnings call, Mayer further outlined that Yahoo would aim to release its product by Q3 2015. At present …

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