FanDuel

Media & Entertainment

Amid World Cup Mania, FanDuel Parent Drops Dual Listing

Photo via Sports Press Photo/Curtis Wong / SPP/Sipa USA/Newscom

Flutter told Barron’s last week that it expects to manage 100,000 bets per minute at peak times during the World Cup.

2 min read

Photo via IMAGO/Zoonar/Marco Brivio/IMAGO/Zoonar/Newscom

Media & Entertainment

Billionaire Fertitta Gambles on Caesar’s in Debt-Laden, $17.6 Billion Deal

Analysts at Jefferies wrote Thursday that the closure of the Tillman deal could “act as a catalyst” for more M&A in the gambling sector.

2 min read
Photo by Matthew Fowler via iStock

Media & Entertainment

Diamond Sports is Seeking a Sports Betting Rebrand

Diamond Sports wants to rebrand its portfolio of local Bally Sports regional sports networks (RSNs) and rebrand them.

1 min read
Photo by Hank Paul via Unsplash

Consumer

As Scandals Mount, Sportsbooks Team Up to Tackle ‘Problem Gambling’

The biggest names in the business say they’ll spend $20 million to form a group to encourage responsible gambling.

2 min read

Media & Entertainment

Legendary Short Seller Sees DraftKings as a Betting Favorite

Photo by Chad Davis via CC BY 2.0

Jim Chanos admits he completely missed the point about sports gambling in America. Nobody cares how much they lose.

1 min read

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