Irish bookmaker Paddy Power confirms takeover talks with fantasy sports company FanDuel after landmark US ruling
|05/16/2018||Posted by BusinessMediaguide.Com under General World News||
- Paddy Power Betfair confirms takeover talks with US fantasy sports startup FanDuel.
- Talks are ongoing and a deal is not guaranteed.
- The talks come after a landmark ruling from the US Supreme Court on Monday that opens the door for legalised sports betting in the US.
LONDON — Irish bookmaker Paddy Power Betfair has confirmed takeover talks with US fantasy sports company FanDuel.
Paddy Power said in a statement on Wednesday that it is “in discussions regarding a potential combination of the Group’s US business and FanDuel to create a combined business to target the prospective US sports betting market.”
The company stressed that read more >>>