Stockholm-listed Better Collective will significantly expand its presence in the US market through the acquisition of daily fantasy and sports betting affiliate Rical LLC, operator of the RotoGrinders and SportsHandle portals.
Sports betting and daily fantasy sports (DFS) operator FanDuel Group has entered a partnership with US sports-focused streaming service fuboTV. FanDuel will serve as the exclusive sportsbook, online casino, horse racing and DFS partner of fuboTV.
Gambling.com Group has reported a 52% year-on-year increase in revenue for the first quarter of 2019, with the affiliate marketing giant to invest in the development of products for the US market in the year ahead.
Sports betting and daily fantasy sports operator FanDuel Group has appointed Lainie Cooney to its newly created role of chief people officer. Cooney will lead the development and execution of FanDuel’s global human resources strategy
Fantasy sports provider Scout Gaming Group has entered into new distribution partnerships with both Inplaynet and Ultraplay, while India-facing StarPick has become the first operator in the world to begin offering its new Fantasy Matchup game.
Digital Fuel is looking to expand into the US market, with the New Jersey Division of Gaming Enforcement clearing the Australian online marketing specialist to apply for an Ancillary Casino Service Industry Enterprise Licence in the state.
iGaming solutions provider Bet Construct has agreed to launch a new premium fantasy sports experience in the US, through a partnership with Atlantis Gaming Corporation and the Pro Football Hall of Fame.
Venture capital fund Vereeni Investments has acquired a majority stake in Australian daily fantasy sports operator Moneyball. Terms of the deal have not been disclosed, but Vereeni has said the purchase represents a seven-figure investment.
The Pennsylvania Gaming Control Board (PGCB) has reported a 23% decline in fantasy contests revenue for February, the vertical’s third consecutive month of decline. Total revenue for February fell to $1.6m (£1.2m/€1.4m), with DraftKings leading the market in the month.
Lawmakers in the Michigan Senate and House of Representatives have launched new bids to legalise online gaming in the state, following the eleventh-hour veto of legislation by former Governor Rick Snyder in late 2018.
Social pool betting operator i-pools has launched a new, free-to-play fantasy horseracing game with a jackpot prize of £1m (€1.2m/$1.3m), while Matt Steer has been named chief executive of the business, after it closed a new funding round.
Paddy Power Betfair has seen its 2018 revenue grow as a result of the acquisition of FanDuel and an improved performance by the Paddy Power brand in the UK market, though the US investment has also hit full-year profits.