Paddy Power
Paddy Power
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.
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.
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.
The deal between Paddy Power Betfair and FanDuel to create a new operator in the US market has been confirmed.
Breaking down all the week's news into a set of easy to manage figures...
Breaking down all the week's news into a set of easy to manage figures...
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 Betfair (PPB), has confirmed that it is stepping up its US expansion by acquiring renowned daily fantasy sports operator FanDuel.
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.
The UK Government has this morning confirmed that the maximum stakes on Fixed Odds Betting Terminals (FOBTs) will be cut to £2.
Clarion Gaming and Racing Post agree strategic partnership as ICE North America beckons
February 12, 2019
Nevada breaks sports betting record in 2018
February 1, 2019
Paddy Power Betfair takes majority stake in Adjarabet
February 1, 2019
Rhode Island sports handle hits $13m in first full month
January 30, 2019
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