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FanDuel
FanDuel Group is an American gambling company that offers sportsbook, daily fantasy sports, horse racing, and online casino services. The company operates sportsbooks in a number of states including New Jersey, Pennsylvania, Indiana and West Virginia, as well as an online horse race betting platform, and a daily fantasy sports service. The company was originally founded as a daily fantasy sports provider, and principally competed with DraftKings. In May 2018, amid the widening legalization of sports betting in the United States, FanDuel agreed to merge with the U.S. operations of Irish bookmaker Paddy Power Betfair (now Flutter Entertainment) to form FanDuel Group. The acquisition sought to leverage the company's existing brand recognition and user base, with FanDuel becoming the company's main U.S. brand. History FanDuel was formed by Nigel Eccles, Lesley Eccles, Tom Griffiths, Rob Jones and Chris Stafford on July 21, 2009 in Edinburgh, Scotland, as a pivot from Hubdub, a n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daily Fantasy Sports
Daily fantasy sports (DFS) are a subset of fantasy sport games. As with traditional fantasy sports games, players compete against others by building a team of professional athletes from a particular league or competition while remaining under a salary cap, and earn points based on the actual statistical performance of the players in real-world competitions. Daily fantasy sports are an accelerated variant of traditional fantasy sports that are conducted over short-term periods, such as a week or single day of competition, as opposed to those that are played across an entire season. Daily fantasy sports are typically structured in the form of paid competitions typically referred to as a "contest"; winners receive a share of a pre-determined pot funded by their entry fees. A portion of entry fee payments go to the provider as rake revenue. In the United States, the daily fantasy sports industry was dominated by two competing services: the New York-based FanDuel, and the Boston-bas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flutter Entertainment
Flutter Entertainment plc is an Irish-American multinational sports betting and gambling company. It is listed on the New York Stock Exchange and has a secondary listing on the London Stock Exchange. It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet. Flutter is the world's largest online betting company. History Paddy Power and British rival Betfair agreed terms for a merger on 8 September 2015. The business is owned 52% by the former Paddy Power shareholders and 48% by the former Betfair shareholders. The merger was completed on 2 February 2016. On 5 April 2016, it was announced that 650 jobs in the United Kingdom and Ireland would be lost at the company. On 18 October 2016, the company paid out $1.1M to those who bet on Hillary Clinton in the presidential election in the United States, citing a certainty of Clinton's victory. Trump won. In May 2017, it acquired daily fantasy sports operator Draft. In August 2017, it was a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DraftKings
DraftKings Inc. is an American gambling company based in Boston, Massachusetts. It offers sportsbook and daily fantasy sports (DFS) services. The company was originally launched in 2012 as a DFS provider, competing principally with the New York–based FanDuel. In May 2018, amid the widening legalization of sports betting in the United States, DraftKings began to expand into online and retail sportsbooks to leverage its brand awareness and customer base. DraftKings became a publicly traded company through a reverse merger with SBTech, a Bulgarian technology company, and special-purpose acquisition company Diamond Eagle Acquisition Corp in April 2020. History DraftKings was established in 2012 by Jason Robins, Matthew Kalish, and Paul Liberman, former Vistaprint employees. The company initially operated out of Liberman's house. The company's first product was a one-on-one baseball competition, launched to coincide with Major League Baseball's opening day in 2012. In April ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigel Eccles
Nigel Eccles is a technology entrepreneur and the CEO of the online crypto casino BetHog. He is best known for being the co-founder and CEO of Hubdub and FanDuel. Career Eccles launched the online political prediction market Hubdub in 2007. He admitted that Hubdub "didn’t really have a good business model," which made him change the focus of the company. Hubdub later turned into FanDuel. Eccles co-founded the daily fantasy company FanDuel in 2009. Starting in 2016, he oversaw the planning of the merger between FanDuel and Draftkings. However, the Federal Trade Commission blocked the merger from taking place in 2017. In November 2017 Eccles left FanDuel to pursue a new venture in the esports industry. In January 2018, Eccles co-founded an Edinburgh-based video game and social streaming platform Flick. In May of 2020, Eccles worked with Scott Greenberg and Mike Kuchera to create StarStock, a website focused on buying and selling sports cards. In March of 2021, StarStock rais ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nik Bonaddio
Nik Bonaddio is an American Internet entrepreneur, and founder and CEO of the sports analytics site numberFire. In 2017, he was named Chief Product Officer at FanDuel, who acquired numberFire in September 2015. Career After graduation, Bonaddio began work at Yahoo! as a software engineer. Bonaddio founded numberFire in 2009, after a successful appearance on ABC's ''Who Wants to Be a Millionaire'' with Regis Philbin. During the show's 10th anniversary run, Bonaddio won $100,000, which was then used to found numberFire. Since its founding, numberFire has grown to over 600,000 subscribers and has gained recognition in the marketplace for accurate predictions, including correctly predicting winners of the Super Bowl and the NCAA Men's Division I Basketball Championship. numberFire was purchased by FanDuel in September 2015. Terms were not disclosed. After spending three years as the Chief Product Officer at FanDuel, Bonaddio left in 2020 to start BigBrain, an online gaming co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amy Howe
Amy Howe is an American gambling executive. She is currently the CEO of FanDuel. She is a frequent evangelist of live entertainment. Early life and education Howe was born in Eden, New York, a suburb of Buffalo. There she attended Eden Junior / Senior High School. In 1994, Howe received a Bachelor of Science (B.S.) in Business, Management, Marketing, and Related Support Services from Cornell University. In 1999 she received a Master of Business Administration (MBA) in Marketing/Marketing Management from the University of Pennsylvania's Wharton Business School. Career Howe began her career at Accenture as a business analyst in 1994. In 1997 she left Accenture to pursue her MBA. She then joined McKinsey & Company and worked her way up to partner over her 14 years with the company. She was recruited to Live Nation by CEO Michael Rapino and joined the company as the chief strategy officer in 2014. In 2015, Howe joined Ticketmaster North America as the COO. In 2020 she left Ti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NumberFire
numberFire is a privately held company that offers statistical analysis of data around sporting events and sports fans, targeting fantasy sports players, digital media, writers, teams, and leagues. The site boasts over 700,000 subscribers and partnerships with ESPN, NFL, Sports Illustrated, USA Today, and SB Nation. History The company was founded in 2010 by Nik Bonaddio, who launched the initial version of the product following a successful appearance on ''Who Wants To Be A Millionaire''; the winnings from that show were used to found the company. Later that year, Bonaddio successfully pitched the company at the DisruptNYC conference held by TechCrunch in New York City, gaining an initial PR buzz and investor interest. The team quickly expanded in February 2011 with the hiring of Keith Goldner as chief analyst. Goldner has worked in the sports analytics industry with the Oklahoma City Thunder, Philadelphia 76ers, and ESPN among others. In late 2011, the company announced v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hubdub
Hubdub was a web-based prediction market in which players used virtual money to trade predictions on future events. Over time users built up a portfolio of live predictions across their chosen categories of interest such as politics, sport, entertainment, technology or other categories. Each player's performance was tracked allowing them to compete on leader boards which demonstrate their knowledge and expertise in their chosen category. Background Hubdub launched at the DEMO 08 technology conference on January, 28th 2008. Politics and sports tend to be the most active categories followed by technology and entertainment. Hubdub had a largely U.S. audience base which was evidenced by its mainly U.S. news content. On January 14, 2009, the company announced that it had taken on board venture capital funding of $1.2m from Pentech Ventures although there was still considerable speculation around what commercial model the company will pursue going forward. PunditWatch On June 4, 2008, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brand Awareness
Brand awareness is the extent to which customers are able to recall or recognize a brand under different conditions. Brand awareness is one of the two key components of brand knowledge, as defined by the associative network memory model. It plays a vital role in Consumer Behaviour, consumer behavior, advertising management, and brand management. The consumer's ability to recognize or recall a brand is central to the purchasing process because buying decisions cannot begin unless a consumer is first aware of a product category and a brand within that category. Awareness does not necessarily mean that the consumer must be able to recall a specific brand name, but they must be able to recall enough distinguishing features for a purchase to happen. Creating brand awareness is the main step in advertising a new product or revitalising an old one. Brand awareness consists of two components: brand recall and brand recognition. Several studies have shown that these two components operate i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edinburgh
Edinburgh is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. The city is located in southeast Scotland and is bounded to the north by the Firth of Forth and to the south by the Pentland Hills. Edinburgh had a population of in , making it the List of towns and cities in Scotland by population, second-most populous city in Scotland and the List of cities in the United Kingdom, seventh-most populous in the United Kingdom. The Functional urban area, wider metropolitan area had a population of 912,490 in the same year. Recognised as the capital of Scotland since at least the 15th century, Edinburgh is the seat of the Scottish Government, the Scottish Parliament, the Courts of Scotland, highest courts in Scotland, and the Palace of Holyroodhouse, the official residence of the Monarchy of the United Kingdom, British monarch in Scotland. It is also the annual venue of the General Assembly of the Church of Scotland. The city has long been a cent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
365 Media Group
365 Media Group is a now dormant sports media company that once employed over 100 people in Leeds, England and Cape Town, South Africa. Between 2001 and October 2006, the company was known as and grew through the acquisition of a number of businesses including: Ltd, PA Sporting Life Ltd, the UK assets of the Sportal and Sports.com, TEAMtalk Media Group plc and Rivals Digital Media Ltd. In January 2007, 365 Media Group was itself acquired by British Sky Broadcasting and the company now operates as a division of Sky Sports. Later that year, in June 2007, the company's and gaming brands were absorbed into Sky Bet, Sky's own betting brand. TEAMtalk, PlanetF1, PlanetRugby, Golf365, Cricket365 and Football365 are now part of Planet Sport Publishing's Planet Sport Network. 365 Media Group ran a network of sports news and content websites, including TEAMtalk, PlanetF1.com, Football365, sportinglife.com and Sportal. The company was also involved in content syndication to other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venture Capital
Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for Equity (finance), equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because Startup company, startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovation, innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology. Pre-seed and seed money, seed rounds are the initial stages of funding for a startup company, typically occurring earl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
