Results for paddy power
The UK bookie giant buys majority share of the Daily Fantasy heavyweight. We have had our eye on this possible merger for a few weeks and first reported it last week. The purchase price is that Paddy Power “will contribute its existing US assets and $158 million in cash.” The cash will be used to […]
Everyone has heard by now that the Supreme Court of the USA struck down the 1992 PAPSA legislation which forbid sports betting in most of the USA. But now many are asking what’s next. As we have reported over the last year, almost half of the states within the United States are making moves toward […]
It has not been long since William Hill CEO Philip Bowcock commented on the pending US market opportunity. As you could imagine it wouldn’t be long before the #2 overall bookie in the UK online space Paddy Power (SBA Rating A) commented on the situation as well. In a recent earning call discussing 2017 performance, […]
Earlier this week Paddy Power Betfair announced that its CEO unexpectedly decided to step down only approximately 18 months after the world’s largest online betting business was created in a merger of more than £5 billion. The online betting giant has experienced an unlucky run of events the last year. Its misfortunes begin when the […]
Paddy Power Betfair the powerhouse bookmaker in Europe decided to enter the United States daily fantasy sports market. The bookmaker announced on Wednesday it acquired daily fantasy mobile app DRAFT for a price of $19 million, with additional cash considerations that could reach as high as $29 million during the upcoming four years. That total […]
This morning Irish bookmaker Paddy Power declared Hillary Clinton the winner in the U.S. Presidential Election. This would be all well and good except for the election doesn’t take place until next month. In what is widely regarded as a publicity stunt, Paddy Power paid out over $1 Million in Hillary Clinton Futures bets. This […]
We have seen sportsbooks in the past payout heavy favorites before the actual event. It is a strategy that garners press and notoriety. The idea is that regardless of if the heavy favorite wins or not, the sportsbook will receive that much (or more) worth of media/press from the campaign. They would prefer the heavy […]
In December FanDuel sportsbook announced they would be paying out Alabama Futures bettors well before the actual game. In their statements they said that they are so sure Alabama is going to win it all that they will pay out now. They also stated that they would, of course, pay the winners tickets of the […]
A month ago, we reported how FanDuel partnered with Paddy Power Sportsbook (in a partial buyout) in order to offer users a sports betting option. Now, the other major U.S. facing fantasy sports provider, DraftKings, has secured a gaming partner to help power their push into the sports betting world. That partner is known as […]
After the recent merger of Paddy Power BetFair and fantasy sports company FanDuel, everyone is looking to the other largest supplier of fantasy sports services, DraftKings. They want to know what their big move will be in order to enter the budding sports betting market in the USA. The CEO of DraftKings has recently stated […]
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November 20, 2014
NHL – Vegas Knights -110
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