Flutter’s H1 profits tumble 24% as costs, taxes and duties jump
Flutter Entertainment (formerly Paddy Power Betfair) reports rising revenue but plunging profits on increased taxes, duties and expansion costs.
Flutter Entertainment (formerly Paddy Power Betfair) reports rising revenue but plunging profits on increased taxes, duties and expansion costs.
Boyd Gaming sees Q2 revenue jump thanks to 2018's acquisition spree, while CEO says sports betting is, for the moment, all about driving casino traffic.
FanDuel is now live in the Keystone State and ready to compete against a small handful of others that are already warmed up.
FanDuel and DraftKings might have returned to respectability, but a law firm believes they still have some responsibility to pay back players from their scandalous past.
DraftKings and FanDuel halt their video ad campaign urging Illinois pols to pass sports betting legislation without 'penalty box' for DFS operators.
Bet On Illinois, a group comprising DraftKings and FanDuel, launches 11th-hour campaign to ensure access to state's proposed legal betting market.
Paddy Power Betfair reports double-digit revenue gains in Q1, but most of the gain came from recent acquisitions Adjarabet and FanDuel.
FanDuel Group inks deal with Sportradar to stream live sports alongside the betting odds on FanDuel's mobile app in legal US betting states.
March, driven by March Madness, saw FanDuel reach $13.22 million compared to the $7.28 million of DraftKings.
Players will still get their payouts on certain wagers, as FanDuel has announced that it will honor most bets, even those placed for the championship game.