Gambling Clear News
As activist investors are pushing Penn Entertainment to divest its digital gaming arm, The Deal is reporting Flutter and Boyd Gaming may partner on a deal. Boyd has a 5% ownership stake in Flutter, and partners with Flutter’s FanDuel in the US for retail and digital sports betting. Penn stock was up 4.22% midday Friday
The DC Council Tuesday (25 June) gave final approval to its Fiscal Year 2025 budget that includes a provision to open the digital sports betting market. Currently, FanDuel is the sole platform available citywide, but under the new budget, that will change. The new budget required an emergency act to avoid having to send the
ESPN Bet could soon challenge US market leaders Draftkings and FanDuel according to Truist’s nationwide survey focused on consumer preferences. Data collected by Truist Securities analysts in their 2024 Interactive Gaming Survey shows that Penn Entertainment’s ESPN Bet gaming brand has the potential to take on the big two. According to Truist, it is ESPN’s
FanDuel’s will soon replace GambetDC in the District of Columbia as the only sportsbook platform available to bettors across the city, according to a letter from the Office of Lottery and Gaming to the D.C. City Council obtained by iGB The letter does not indicate when FanDuel might launch its platform citywide, however. Dated 8
The six online operators approved to launch mobile sports betting offerings in Massachusetts – FanDuel, DraftKings, WynnBet, Barstool, BetMGM and Caesars – have gone live in Massachusetts. More than six months on from when then-governor Charlie Baker signed House Bill 5164 into law, players have begun placing bets from the six online operators licensed by the Massachusetts
