Tag Archives: FanDuel

FanDuel expands responsible gambling efforts

FanDuel expands responsible gambling efforts

Flutter Entertainment-owned FanDuel Group has announced a series of new responsible gambling initiatives to coincide with the American Gaming Association’s (AGA) Responsible Gaming Education Month.

The group hosted its first, business-wide “Play Well Day” where workers were invited to an employee-only event, promoting the role of staff in creating a culture that embraces safer play.

During the Play Well Day, FanDuel announced the appointment of professional boxer, mixed martial artist and wrestler Amanda Serrano as a responsible gaming ambassador.

Read the full story on iGB North America.

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CDI pens deal with FanDuel

CDI pens deal with FanDuel

Horse racing and casino operator Churchill Downs Incorporated (CDI) has signed a content and sponsorship agreement with Flutter-owned FanDuel.

The multi-year deal involves multiple areas of FanDuel’s business – including its sports wagering, advance deposits wagering (ADW) and television verticals. Under the terms of the deal, CDI will provide B2B technology and services for FanDuel’s sportsbook’s pari-mutuel wagers on horse racing features.

It will also be possible for US-based FanDuel users to place bets on horse racing content at a CDI property, as well as allow FanDuel access to broadcast CDI content on the operator’s newly announced television network. The deal also has provisions providing FanDuel with non-exclusive Kentucky Derby sponsorship rights.

CDI subsidiary, United Tote, will be paid by FanDuel to facilitate the pari-mutuel wagering sections of the agreement. CDI has previously entered into an agreement to sell 49% of United Tote to the New York Race Association, in a..

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High school Spire Institute among Ohio betting licence applicants

High school Spire Institute among Ohio betting licence applicants

A number of new organisations have applied for Ohio sports betting licences, including Bet365 and Tipico as online providers, and high school Spire Institute – alongside a number of professional sports teams – for a proprietor licence.

Spire Institute is an Ohio sports-focused high school, with its athletic programs attracting top recruits including basketball star LaMelo Ball. The organisation also offers a general sporting development programs and operates sporting complexes on its grounds, outside of its presence as a high school.

Under Ohio’s sports betting laws, sporting organisations or land-based gaming venues may offer betting in the state, partnering with online operators for an online product.

It has partnered with Out the Gate, a startup sports betting operator that says it uses an in-house trading solution and plans to accept “all action” with lined that “lead the market on US sports”. Out the Gate is led by Christopher Kape and Robbie Manis, formerly of data provider Do..

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Californians to vote on legalising online betting this year

Californians to vote on legalising online betting this year

A proposition to allow online sports betting in California – but with licence fees of up to $100m – will to appear on the state’s ballot this November.

Flutter chief executive Peter Jackson confirmed that the measure – backed by Flutter’s FanDuel brand, as well as DraftKings and BetMGM – was set to appear on the ballot this November, having gained more than the required 997,139 signatures.

“We’re very excited abut the Californian situation,” he said. “Clearly getting to this stage was not straightforward but we’re very, very happy to be on the ballot.”

These signatures must still be verified, though the measure reportedly has enough signatures that this is expected to be a formality. If it appears on the ballot and is approved by a majority of voters, it will become law.

The measure is titled the California Legalize Sports Betting and Revenue for Homelessness Prevention Fund Initiative (2022), as 85% of tax proceeds will gowards reducing homelessness. Sports wagering will be taxed ..

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New Yorkers using multiple mobile betting apps, research suggests

New Yorkers using multiple mobile betting apps, research suggests

Mobile sports betting players in New York use an average of 3.3 apps to place bets, suggesting a lack of operator loyalty, according to research from mobile gaming customer acquisition company Betting Hero.

The research took place over March 2022 and assessed the answers of 215 respondents aged 21-64.

Most of the respondents (83%) were male.

The research revealed a number of key facts about New York’s mobile sports betting market, which opened on 10 January 2022.

Respondents reported using an average of 3.3 apps to place mobile sports bets. This is more than in New Jersey where an average of 2.8 apps are used.

A total of 23% of respondents stated they used four apps, while 19% used two apps. Using three apps was the third most popular choice, at 18%.

Six percent of respondents reported using six apps, while 4% reported using seven.

Turning to operators, 63% of sports bettors included DraftKings in their lists when asked to name as many real-money online sportsbooks as they could..

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FanDuel and Pokerstars strike partnership with Toronto NHL, NBA teams

FanDuel and Pokerstars strike partnership with Toronto NHL, NBA teams

Flutter brands PokerStars and FanDuel have entered into a partnership with Maple Leaf Sports and Entertainment (MLSE), which owns Toronto’s National Basketball Association (NBA) and National Hockey League (NHL) teams.

The deal designates FanDuel’s sportsbook as an official sports betting partner of MLSE, while Pokerstars has been named as its official gaming partner.

Under the deal, both operators will offer players in Ontario entertainment options across sports, poker and casino gaming.

Read the full story on iGB North America.

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FanDuel withdraws daily fantasy product from Ontario

FanDuel withdraws daily fantasy product from Ontario

FanDuel will withdraw its daily fantasy sports product from Ontario from 1 April, in line with the Canadian province’s regulations for when its online betting and gaming market opens to licensed operators.

Ontario is set to launch licensed sports betting and igaming on 4 April, ending a state monopoly. Earlier this month, the Alcohol and Gaming Commission of Ontario (AGCO) released a guide for operators that revealed that businesses which apply for registration before the 4 April launch must cease operations in Ontario from the moment their registration is approved by AGCO.

FanDuel is among the operators that has received a licence, and as a result it has opted to withdraw its daily fantasy sports brand, including both free and paid games, as this vertical is not permitted under the new regime.

The operator did note, however, that its daily fantasy sports brand would still be available in other provinces.

All entries submitted prior to April 1 will run as normal, with all winnings ..

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FanDuel expands sports betting into Wyoming

FanDuel expands sports betting into Wyoming

Flutter Entertainment-owned FanDuel Group has extended the reach of its sports betting offering by launching its mobile sportsbook product in Wyoming.

Players in the state can place a range of wagers on professional and college sports such as football, basketball, baseball, hockey, golf, mixed martial arts, boxing, soccer and tennis.

Other features on the FanDuel Sportsbook app include Same Game Parlay Plus, where players can combine Same Game Parlay bets from one game with bets from other games.

Wyoming becomes the 15th US state in which the FanDuel Sportsbook app has gone live, following launches in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, New Jersey, New York, Pennsylvania, Tennessee, Virginia, and West Virginia.

Sports betting was legalised in Wyoming in April last year after Governor Mark Gordon signed House Bill 0133 into law. Its market then launched on September 1.

FanDuel’s Wyoming launch comes after the brand last week launched a new ..

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Iowa sports betting handle doubles year-on-year in January

Iowa sports betting handle doubles year-on-year in January

Bettors in Iowa staked $303.3m in the first month of 2022, meaning handle more than doubled year-on-year.

Amounts wagered for January was up 102.9% from January 2021’s $149.5m total figures from the Iowa Racing and Gaming Commission show.

This was driven entirely by mobile betting, with customers staking $275.9m during the month, a 128.4% jump.

Retail, on the other hand, actually declined from January 2021, with stakes down 4.5% to $27.5m.

Caesars led the way in terms of handle, with customers staking $112.7m through its mobile sportsbook, setting it ahead of DraftKings which reported $68.9m in mobile stakes, and FanDuel on $44.1m.

For retail, it was the FanDuel sportsbook at the Diamond Jo Worth Casino that led the way, with $8.7m staked. Penn National’s Ameristar II in Council Bluffs followed with customers wagering $5.4m at its Barstool Sportsbook, and the Caesars Sportsbook at Horseshoe Casino Council Bluffs on $3.9m.

From the statewide handle of $303.3m across all chan..

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