Big decision Flutter Entertainment, the parent company of PokerStars, FanDuel, and Betfair, among many other brands, began trading on the New York Stock Exchange (NYSE) on Monday. As of the writing of this article, shares in FLUT are at $207.00, up 0.98% on the day. Flutter doesn’t plan on stopping there, though. Currently listed on… Read more »
Player funds are safe Flutter Entertainment has announced that it is shutting down its Fox Bet sports betting platform, effective immediately. Fox Bet is no longer taking wagers and will see its operations completed phased out throughout the month of August. After August 31, players can get to any funds still in their accounts through… Read more »
Ever since the internet brought the game of poker into people’s homes, the issue of underage people – kids – playing online has been an issue. The “normal” online poker industry has taken strong steps to try to thwart underage players, but a new threat looms on the horizon. A recent article at Bloomberg.com illustrates… Read more »
Stars had already paid $100 million Flutter Entertainment, parent company of online poker giant PokerStars, has settled its legal battle with the state of Kentucky, agreeing to pay $300 million in fines. It is a healthy chunk of change, but a far cry from the $1.3 billion Flutter was starting at in case that dates… Read more »
Flutter Entertainment announced on Monday that it is putting a deposit limit on young players in the UK and Ireland. Effective immediately, customers under the age of 25 on Betfair, Paddy Power, and Sky Betting & Gaming will have a net deposit limit of £500 per month. Flutter is willing to make exceptions for some… Read more »
Just when you think a case is over, it comes roaring back to life. This time, however, we are not talking about the Mike Postle situation. The Kentucky Supreme Court denied a motion on Thursday from Flutter Entertainment regarding their court case that dates to 2015. The motion would have opened the case for reexamination… Read more »
Dollar signs in their eyes Flutter Entertainment confirmed rumors Monday that it is considering an initial public offering for sports betting and daily fantasy sports arm FanDuel. Other than that, Flutter, which also owns PokerStars and several other big gaming brands, did not say much. The company’s stock price closed up nearly 6 percent on… Read more »
Troubled times can bring out the goodness and the shittiness in people. We have seen both every day during the current coronavirus pandemic. People helping out neighbors in need on the one hand, others hoarding supplies from their neighbors on the other hand. Doctors coming out of retirement to help treat the sick, other doctors… Read more »
In stunning news this morning, The Stars Group, owner of PokerStars, announced that it has agreed to be acquired by Flutter Entertainment plc. Flutter Entertainment is the parent company of PaddyPower, Betfair, FanDuel, Adjarabet, sportsbet, and TVG. A new behemoth is formed It is an all-share deal, with shareholders of The Stars Group receiving .2253… Read more »
