Tag Archives: FanDuel

William Hill US enters legal battle with FanDuel over copyright allegation

William Hill US has opened legal proceedings against competing sportsbook operator FanDuel, over alleged copyright infringement relating to a betting guide at the Meadowlands racetrack. The civil complaint filed by William Hill has outlined that the ‘How to Bet Guide’ distributed by FanDuel was identical to the Hill’s guide. One of the key passages in FanDuel’s guide features the wording …

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Regulus Partners – The legitimacy of Labour’s proposals

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. UK: Politics – Watson’s reforms more elementary than barking mad Britain’s gambling stakeholders were offered a vision of regulation under a Labour government this week as the party’s deputy leader, Tom Watson …

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IGT restructures debt capacity with new $750 million secured note

New York-listed industry technology group International Game Technology (IGT Group) has moved to restructure its corporate debt structure, confirming that it has successfully placed a $750 million senior secured debt note due for 2027. The transaction sees IGT governance upsize its original debt note of $500 million, previously announced at the start of the week. Updating investors, IGT governance will …

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CBS Sports launches dedicated betting program ‘SportsLine Edge’

US sports broadcaster CBS Sports (CBS Networks) has launched its new interactive TV show ‘SportsLine Edge’, developing content for sports betting and daily fantasy sports audiences. SportsLine Edge was launched last weekend on CBS Sports HQ streaming service, in time for the start of the new NFL season. CBS Sports details that it will deliver up to eleven hours of …

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Chris Murphy: Americas Outlook – New & Old worlds will collide in the development of US betting

Four months following the repeal of PASPA, intriguing partnerships have flourished as US and European gambling enterprises form strategic alliances seeking to crack world sports’ biggest market.  Chris Murphy Editor of SBC Americas details US betting’s early movers, and why they will likely collide against old influencers… ________________ Last time we reviewed the newly regulated American sports betting market I described …

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Nigel Eccles sues Paddy Power Betfair for ‘purposely undervaluing’ FanDuel

US Tech news source Recode has reported that FanDuel enterprise co-founder Nigel Eccles (former CEO) is preparing to take Paddy Power Betfair (PPB) to court, regarding its $465 million takeover of FanDuel completed in July 2018. Eccles representatives have filed a Scottish court order against PPB, representing four of FanDuel’s enterprise co-founders; Nigel Eccles, wife Lesley Eccles (former CMO), Tom …

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Peter Jackson: PPB’s FanDuel to maintain DFS focus in US expansion

US expansion was a key theme of Paddy Power Betfair’s (PPB) corporate update on Wednesday, with the FTSE100 firm outlining its mandate to maximise the FanDuel merger and develop as a household proposition for the US sports scene. Facing increased US competition, PPB detailed that it won’t disregard the fantasy sports element of FanDuel’s offering, as the vertical enhances the …

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Paddy Power Betfair positive on performance despite facing new international realities

FTSE100 betting group Paddy Power Betfair Plc (PPB) has readjusted its full-year 2018 underlying EBITDA to be between £460 – 480 million range, detailing that its momentum will be impacted by the introduction of ‘new taxes in Australia and costs incurred by its acquisition of US fantasy sports operator FanDuel’. Despite the cost adjustments, PPB governance declares positive interim H1 …

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FanDuel secures ‘greatest US betting coverage’ with Boyd Gaming alliance

New Paddy Power Betfair’s US subsidiary FanDuel has announced that it has entered a strategic partnership with multi-state casino and leisure group, Boyd Gaming Corporation. Updating the market, FanDuel is set to become the lead sports betting and online gambling services provider for Boyd Gaming, a New York-listed gambling group which is set to significantly bolsters its US land-based presence …

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Winning Post – The changing face of sports broadcasting

Perform Content - Copyright: dariy / 123RF Stock Photo

Global: sports rights – hi ho silva lining? MP & Silva has reportedly missed key payments to various rights holders (including EPL) and is in financial difficulties. MP & Silva (only fourteen years old) was once seen as one of the most successful sports rights management agencies and its potential fall signals something much bigger than corporate mismanagement. Significantly, one …

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