Daily fantasy sports site FanDuel is being taken over by U.K.-based betting house Paddy Power Betfair, a deal that will give one of Europe’s largest bookmaking companies access to the U.S. market in a new era of legalized sports gambling. Paddy Power Betfair agreed to pay $158 million for 61% of FanDuel. It will up […]
In advance of the start of its 31st season tomorrow, the Arena Football League (AFL) has announced four new partnerships, nearly all of which relate to enhancing fan engagement via daily fantasy sports and sports betting. “The partnerships we’re announcing today give fans a whole new range of ways to get in on the action […]
With entrepreneurs starting to develop real-world applications for blockchain, the underlying technology behind cryptocurrencies such as Ethereum and Bitcoin, two blockchain-based startups are looking to improve daily fantasy sports and nab market share from DraftKings and FanDuel. In 2017, the number of fantasy sports players in the U.S. and Canada ballooned to a record 59.3 […]
DraftKings starting in this year’s first quarter hopes to offer U.S. and Canadian-based customers the ability to livestream EuroLeague games on the DraftKings app for those playing in a $3 and above DraftKings contests. “I think what specifically DraftKings players really want is a one-stop shop where if you’re playing fantasy, you don’t want to have to […]
Who’s the best daily fantasy pick for Super Bowl LII? Matt Kalish, cofounder and CRO of DraftKings, gives you his answer. Hear Matt discuss DraftKings’ beginnings, where the company is now and where he sees it going as he and his team grow the daily fantasy sports giant into a sports entertainment brand. That and […]