Industry Updates

An in-play sports betting company founded by a successful poker player and sports bettor is gearing up to take its fast-paced product to the market in the United States. Metric Gaming, which already supplies in-play betting solutions to operators in regulated markets such as the UK and Europe, now has its sights on the USA.

Update: Golden Nugget Casino may accept wagers on all NBA games. New Jersey lawmakers passed legislation in September 2019 authorizing casinos whose owners also own professional teams to accept wagers on games that don’t involve their teams. The law authorized Golden Nugget Sportsbook to offer wagering on most NBA games, but it still excluded the…

FanDuel introduced a new format for daily fantasy contests today called QuickPick. As the name suggests, speed is the name of the game. QuickPick contests do away with the traditional salary cap model altogether in favor of a tiered system that allows you to pick a limited number of players from five different tiers.

Daily fantasy tennis has finally arrived at DraftKings. On Friday, DraftKings announced it will begin hosting daily fantasy tennis contests just in time for this year’s Wimbledon tournament in London. The DraftKings lobby is now hosting fantasy tennis contests with buyins ranging from $0.25 all the way up to $5300 that should appeal to players…

FanDuel announced this morning that it has signed a merger agreement with Paddy Power Betfair to combine their US-based businesses. The deal will see Betfair US acquire a 61% share of the combined business venture, with options to increase that stake to 80% after three years and 100% after five years.

FanDuel announced on Monday that it is launching fantasy NASCAR contests beginning this weekend with the GEIGO 500 at Talladega Superspeedway. The FanDuel lobby is now listing NASCAR contests with buyins ranging from free to $333 and prize pools as high as $25,000.

The unions representing players in the MLB, NBA, NFL and NHL have officially acknowledged sports betting. The NFL Players Association posted a notice on Twitter yesterday morning containing a joint statement from the four unions:

Casual poker players in Washington State woke up to a rude surprise earlier this month when they found out PokerStars has disabled all play-money games for users based in Washington. The basis for this decision and the court case that led to it serves as a reminder that the expansion of online poker and sports…

DraftKings has introduced a new fantasy golf format just in time for the 2018 Masters Tournament. Single-round fantasy PGA contests last for just a single round of play, giving players more chances to play and win during tournaments with true daily fantasy golf games.

After a successful debut of single-game contests at the end of last football season, FanDuel and DraftKings are rolling out single-game fantasy MLB contests for certain baseball games. Both sites were reluctant to get into single-game territory due to legality concerns, but DraftKings got the ball rolling during last year’s NFL postseason and FanDuel quickly…