November 9, 2016
Paddy Power has suffered its biggest ever political payout, after being hit for over $4.5 million by customers who backed Donald Trump to become the 45th US President. The Irish bookmaker is counting the costs of its decision to pay out £800,000 on a Hillary Clinton victory back in October. Aided by the reopened FBI investigation into Clinton’s use of …
Read More »February 11, 2016
US news sources have reported that Walt Disney Company subsidiary ESPN has decided to end its advertising partnership with leading US daily fantasy sports operator DraftKings. ESPN governance decided to end its multi-content advertising contract, valued at an estimated $250 million with the Boston based DFS operator following a contract review. The broadcaster did not offer any official explanation for ending …
Read More »October 15, 2015
The Wall Street Journal (WSJ) has reported that the US Department of Justice has asked the FBI to form a preliminary investigation into US daily fantasy sports (DFS) operators. WSJ notes that the investigation will focus on US market leaders FanDuel and DraftKings. The Department of Justice is seeking to know whether DFS can be defined as a form of …
Read More »May 29, 2015
International football governing body, FIFA has been shell-shocked this week following the charges made against 9 senior ranking officials with regards to bribery and corruption by the FBI and IRS Criminal Investigation Unit. The charged officials are accused of taking in excess of $150 million in bribes stretching back 24 years. US prosecutors said the officials conspired with sports marketing …
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