Paddy Power

PPB hit with lawsuit for purposely undervaluing FanDuel assets

One of the co-founders of FanDuel has filed a Scottish lawsuit against Paddy Power Betfair (PPB), claiming that the FTSE betting group ‘purposely undervalued’ FanDuel’s enterprise value during its $465 million takeover transaction.

H1 revenues mask further exchange disappointment for PPB

The cancellation of racing fixtures was used by PPB to explain a 7% reduction in exchange revenues for Q1, but calls to cut commission charges will only intensify given another disappointing return from April to June.

Bet365 comes out on top in World Cup clickshare battle

Adthena has reflected on the intense competition for clickshare at this summer’s World Cup, which highlighted the different SEO strategies adopted by the UK’s biggest sports betting operators.

Busy week of mergers and acquisitions in the US

The deal between Paddy Power Betfair and FanDuel to create a new operator in the US market has been confirmed.

Number Crunching - Rainbow Russians, five fold stunners and an acquisition update

Breaking down all the week's news into a set of easy to manage figures...

Number Crunching - DraftKings, LGBTQ+ charities and Maradona's Millions

Breaking down all the week's news into a set of easy to manage figures...

Number Crunching - England's World Cup chances, FeedConstruct and Love Island

This week's Number Crunching features England's World Cup chances, FeedConstruct's snooker streaming, the Australian Capital Territory's new gaming tax, Vermantia's deal with a Nigerian operator and betting on the latest series of ITV2's Love Island...

Paddy Power steps up US expansion with FanDuel acquisition

Paddy Power Betfair (PPB), has confirmed that it is stepping up its US expansion by acquiring renowned daily fantasy sports operator FanDuel.

Paddy Power provides unique insight with latest partnership

The heightened advertising restrictions surrounding the upcoming World Cup in Russia have left betting operators facing a difficult challenge, as they’re forced to resort to more creative approaches of achieving brand exposure ahead of the tournament.