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3 mins read

Sports betting is the next frontier for Wall Street's smartest quants to conquer

Trading giant Susquehanna and other quants are diving into sports betting — making it harder for th…

Bradley Saacks   


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2 mins read

DraftKings and FanDuel are set to be the big Super Bowl winners amid record betting activity fueled by Taylor Swift

"Sports books are leaning in and offering Taylor Swift themed prop bets, mostly related to Travis K…

Filip De Mott   


Business Insider Latest Story Image
6 mins read

Jacob Zinkula   


Business Insider Latest Story Image
2 mins read

Matthew Loh   


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1 min read

Sports gambling is on the rise: See every state where betting is legal or may soon be

Since the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), the…

Cork Gaines   


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2 mins read

New York's sky-high sports betting tax rate could make it hard for companies like DraftKings and FanDuel to profit in the state

New York in January became the largest US state to embrace online sports betting, but the state has…

Ashley Rodriguez   


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6 mins read

How sports betting is changing the media industry in the US

The ties between US sports media and gambling are deepening, thanks to brands like DraftKings and B…

Ashley Rodriguez   


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3 mins read

FanDuel's Amy Howe tries to balance pragmatism, humility, and profitability — all while being a trailblazer in a male-dominated industry

Howe has focused on the bottom line, while reinvesting in the business by launching a new TV networ…

Rebecca Knight   


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2 mins read

FanDuel bettors lost what looked like easy money after Saquon Barkley got completely shut down by the Steelers

Saquon Barkley needed just 10 yards in for bettors to cash what looked like easy money on FanDuel. …

Tyler Lauletta   


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3 mins read

Online poker and casino games have tripled their revenue from last year as real-world casinos shut their doors

"iGaming," the industry term for online casino games, totaled a record-breaking $402 million in rev…

Isabella Jibilian   


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3 mins read

A VC who invested in FanDuel early says sports gambling startups need to evolve their view of bettors

Martino said he looks for companies like FanDuel that are doing something "crazy and different," bu…

Ashley Rodriguez   


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2 mins read

The owners of FanDuel and PokerStars have struck a $12 billion deal to create the world's biggest online betting group

The two companies expect the merger to generate around $170 million in annual, pre-tax cost savings…

Theron Mohamed   


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2 mins read

Report: DraftKings and FanDuel are in talks to merge

These legal battles have caused the valuations of both companies to drop by as much as 50%. Accordi…

Emmett Knowlton   


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2 mins read

DraftKings and FanDuel may be reaching merger deal

The battles over the legality of their businesses have taken a significant financial toll on both c…

Chris Sanchez   


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6 mins read

FanDuel's CMO explains how it plans to use media in 2020 to fuel its betting business, as rivals like DraftKings and Barstool make big moves

Barstool is another big partner of FanDuel's, at least for now. FanDuel has created sports-betting …

Ashley Rodriguez   


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2 mins read

Popular fantasy football platform FanDuel is offering $20 to new users who sign up in September - here's how to sign up and get started

Subscribe to our newsletter. Find all the best offers at our Coupons page. Disclosure: This p…

Danny Bakst   


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2 mins read

The $8.8 billion UK gambling giant that owns Paddy Power and Betfair is considering buying FanDuel

FanDuel lets users build fantasy teams, follow games, and win cash, and it would offer Paddy Power …

Rob Price,Zoë Bernard   


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4 mins read

New Jersey gambler misses out on $82,000 winning bet when FanDuel cites a 'pricing error'

For FanDuel, the company's official rules state that when "a blatant or palpable error is made in o…

Tyler Lauletta   


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3 mins read

Another state is bringing the hammer down on FanDuel and DraftKings

Maddigan noted the theoretically relevant exception of subsection 28-1(a), which allows "Offer…

Dan Turkel