Report: This year, FanDuel Partner CME may offer contracts on sporting events.
According to a source, FanDuel’s prediction market partner CME may soon provide contracts for sporting events. Before the year ends, CME will provide contracts “tied to sports games,” according to a report published by Bloomberg on Thursday. However, the story did not elaborate on the nature of these contracts. In August, CME announced a collaboration […]
As FanDuel Sports Network builds production hub in Denver, workers say move will hurt broadcasts
Sports television crews will be affected if FanDuel Sports Network, which broadcasts baseball, basketball, and hockey teams across the United States, moves some of its production duties to a hub in Denver. According to nine FanDuel SN employees who were given the right to remain anonymous in order to freely discuss their employer, the modifications […]
FanDuel launches a new Manhattan headquarters as Senator Addabbo renews his quest for online casinos.
In an attempt to keep funding the Empire State’s online gambling industry, FanDuel, the dominant force in US sports betting, moved to a 36,000-square-foot space in the Flatiron District and unveiled its new Manhattan headquarters this week. Senator Joseph Addabbo Jr. of New York State, a prominent expert on gambling regulation and responsible gaming legislation, […]
Fanduel Sportsbook at the Phoenix Suns Arena Will Suspend Gambling Operations
The first sportsbook located inside an NBA arena, FanDuel Sportsbook at PHX Arena, will cease accepting live wagers on July 24. As part of a venue renovation, the area will be transformed into a FanDuel-branded lounge. Less than four years after opening on the first day of legalized sports gambling in Arizona, the FanDuel Sportsbook […]
Draftkings Joins Fanduel and Charges a 50-cent Fee on Illinois Sports Bets
Due to a new per-bet state tax, DraftKings and FanDuel will begin charging Illinois bettors a 50-cent fee per wager on September 1. Operators warn that the move burdens consumers and benefits illegal markets. The largest online sportsbook companies in Illinois have come to the same conclusion about the state’s impending tax increase: their consumers […]
