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Rep. Paul Tonko says FanDuel’s answers on its VIP program left key questions unaddressed, and he’s using the response to renew calls for federal sports betting reform via the SAFE Bet Act.
Nearly two years after Missouri legalized sports betting on promises of an education funding windfall, school districts say the tax revenue isn’t translating into any real budget increase.
FanDuel and GeoComply have signed a new multi-year deal, deepening the geolocation and identity-verification partnership that helped FanDuel expand into more than two dozen states.
FanDuel told three members of Congress its VIP program follows the same responsible gaming rules as the rest of its platform, pushing back on lawmakers’ demand to shut it down.
DraftKings and FanDuel are ramping up prediction market spending ahead of NFL season, with PENN Entertainment’s CEO warning of an ‘irrational’ customer acquisition arms race.
DraftKings, FanDuel, and PENN Entertainment revealed sharply different strategies for prediction markets on Q2 earnings calls, but all point to a costly spending war before NFL kickoff.
FanDuel is deepening its partnership with Kindbridge Behavioral Health, giving bettors expanded access to education, self-assessment tools, and professional counseling for problem gambling support.
Congress members Blumenthal, Tonko, and Foushee demand FanDuel end its VIP bettor program and call on MLB to bar players from sportsbook VIP promotions, after a Bryce Harper video controversy.
New York sportsbooks won $214.4 million in July as hold jumped to 11.4%, pushing state tax revenue to $109.3 million and the year-to-date total past $725 million.
