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FanDuel to offer sports betting at Greenbrier Resort

Niji Narayan

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FanDuel to offer sports betting at Greenbrier Resort
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The Greenbrier Resort in West Virginia will join hands with FanDuel to offer sports betting operation. A press release from FanDuel confirmed the development:

 “We are honored to be chosen to provide sports wagering services at The Greenbrier, an iconic resort in the U.S. As we work towards building out a top sports betting product for the upcoming NFL season, we look forward to bringing West Virginia residents, sports fans, and visitors to The Greenbrier the best interactive sports experience on the market.”

The deal is the first sports betting partnership confirmed in WV and the first one anywhere for FanDuel.

West Virginia sports betting regulations approved.

The state’s lottery, which will administer West Virginia sports betting, approved last week emergency regulations to facilitate a launch by fall. Those regulations open the door to online and mobile sports betting, hugely important to a successful state market.

West Virginia legislators passed sports betting into law in March. The law allows the state’s five casinos to offer legal sports betting in exchange for a $100,000 licensing fee and ten per cent of revenue paid in taxes.

No integrity fees go to the pro sports leagues in West Virginia despite intense lobbying from MLB and NBA executives. Lawmakers declined to put in the fees, then, fought off an attempt by Gov. Jim Justice to reopen the law to insert them soon after passage.

Greenbrier’s plans for WV sports betting

The press release lays out the full game plan for WV sports betting at The Greenbrier:

The Greenbrier plans to have an onsite wagering platform inside The Casino Club at The Greenbrier, America’s only private casino, as well as a FanDuel-branded online site and mobile application. Plans are to have the services running by the fall. The exact date will be contingent on when the state of West Virginia’s regulations are put in place.

Regulators expect to have the industry ready for launch by September 1 at the latest. Operators can partner with up to three online/mobile platform providers apiece.

The property’s president, Dr. Jill Justice, said: The Greenbrier is excited to offer a new guest amenity. “The Casino Club at The Greenbrier has been an attractive destination for our guests and members since its opening,” she said, “and sports betting provides yet another element to the casino experience.”

It remains to be seen whether the platform will be available statewide or exclusively to members and guests of the private club. A members-only sports book would seem to be both in line with The Greenbrier’s culture and a hinderance to potential revenue.

The NFL will love having sports betting next door

The NFL continues to fight for control of a legal sports betting market it may not have wanted in the first place; it was one of the litigants in the US Supreme Court case, supporting the federal ban, a case it lost. Now, fans at an NFL training camp could be placing mobile sports bets on who will win the Super Bowl.

The Houston Texans hold their training camp at The Greenbrier, which is owned by the family of Justice. The governor allowed the law authorizing West Virginia sports betting to go into law without his signature because of the conflict of interest.

The Greenbrier is also the host of an annual PGA Tour event, scheduled this year for July 5–8.

FanDuel deal still has not closed

The announcement of a sports betting deal for FanDuel comes with slightly strange timing. The DFS operator is not the middle of being acquired by Dublin-based gaming company Paddy Power Betfair.

That deal could close as soon as early July.

FanDuel, by itself, has no known means to provide a sports betting product on its own, so this deal is almost certainly predicated on the PPB deal closing in short order. The deal would close, in theory, well before West Virginia launches sports betting — mobile and otherwise — officially.

PPB subsidiary Betfair US has also formed its own partnership with Tioga Downs (New York) and Meadowlands Racetrack (New Jersey), planning to use the FanDuel brand in those two states, too.

It is not exactly clear why the WV partnership was inked with FanDuel directly, while the other sports betting partnerships have been crafted through PPB.

 

Source: legalsportsreport.com

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Daily Fantasy Sports

DFS expert DraftKings launches new Aussie Rules games with huge prize pool across 31-week season

George Miller

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DFS expert DraftKings launches new Aussie Rules games with huge prize pool across 31-week season
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Ahead of the launch of the new season DFS expert DraftKings has launched the industry’s most comprehensive Australian Football Rules (AFL) Daily Fantasy Sports product to appeal to an untapped global audience of hundreds of millions of fans in one of the world’s most exciting and toughest sports.

Daily fantasy sports players will be able to get involved in a multitude of new and exciting games with huge cash prize pools across a 31-week long season that includes four weeks of finals. It will be the biggest first prize in DFS history in Australia with $85,000 available on the opening night and $200,000 across the opening round.

The introduction of Aussie Rules (AFL) DFS broadens DraftKings’ already leading portfolio of daily fantasy content to more than 15 global sports and enables an even wider international fan base to get involved.

As the world’s fourth most attended sport and with more than 111.4 million people tuning in to AFL broadcasts in 2020 alone there is a huge internal fanbase as well as major cross-sell opportunities for DraftKings with AFL to attract dedicated fans as well as traditional NFL, NBA and golf customers among others. I have attached an information sheet about the sport for more information.

Jeffrey Haas, SVP International Strategy DraftKings said: “The Australian Football League boasts huge appeal both in Australia and internationally with the fourth-highest domestic audience attendance globally. This compelling sport caters to Australian players domestically along with their vast expatriate population around the world as fans in Canada, the US and the UK can all watch via the AFL’s international broadcast partners.

“With DraftKings’ rich daily fantasy heritage, we are thrilled to add these AFL contests to our industry-leading variety of DFS categories as an ‘Approved AFL Fantasy Sports and Betting Provider.’ Fans all over can discover and incorporate AFL action into their second-screen gaming experience as the 31-week-long season plus four weeks of finals gets underway where some of the toughest athletes on the planet square up for intense end-to-end action.”

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Daily Fantasy Sports

Scout Gaming signs agreement with ATG

George Miller

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Scout Gaming signs agreement with ATG
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Scout Gaming has entered into an agreement with AB Trav & Galopp, ATG (the Swedish Horse Racing Totalisator Board), Sweden’s largest gaming operator measured by turnover.

The companies have agreed to jointly launch Scout Gaming’s award-winning DFS product on ATG.se with a soft launch aimed at the second quarter 2021, followed by a wider marketing push in the third quarter, in time for the start of English Premier League and other major European sport leagues.

ATG is owned by the Swedish trotting and thoroughbred associations and was the exclusive provider of horse betting on the Swedish market from 1974 until the end of December 2018. When the Swedish market re-regulated in 2019 the company was able for the first time to expand into other product verticals such as sports betting and casino.  ATG has since quickly proven to be successful in what is a highly competitive online gaming market – having held the largest market share of the total gaming market in 2019 and engaged over 1.3 million customers in the Swedish gaming market. This is the first time a major leading operator launches Scout Gaming’s DFS product on the Swedish market.

“I’m very excited to have the privilege of launching our fantasy sports product on ATG.se, thus reaching a wider potential player base than ever before. ATG has in a short time proven to be very agile in its expansion into new products, therefore not a surprise when they now are first to seize the opportunity of being early mover in a fast-expanding trend within fantasy sports “, comments Scout Gaming’s CCO, Joakim Renman.

“We try to constantly offer our customers exciting new experiences and are keen to add fantasy sports as, what we hope will be, a key vertical offering for ATG moving forward. We have watched this game format grow in popularity around the world and believe that Swedish customers will also appreciate this exciting product. With our almost 50-year legacy of offering pool games and recent expansion into sports betting we believe that we have primed for a successful rollout of daily fantasy sports to the Swedish sports audience”, comments ATG’s Head of Sports Betting, Christian Erlandsson.

The agreement is expected to have a moderate to high impact on Scout Gaming’s revenues from the second half of 2021 onwards.

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Daily Fantasy Sports

DraftKings kicks off first-of-its-kind DFS World Cup

George Miller

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DraftKings kicks off first-of-its-kind DFS World Cup
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10 global teams will battle it out over two weeks to find the ultimate Daily Fantasy Sports nation

What: The DraftKings World Cup sets national teams of the best DraftKings DFS players from around the world against each other to determine the elite DFS playing nation, and to crown the first DraftKings World Cup Champion.

Ten teams from each country where DraftKings operates DFS are represented in this special two-week series that aims to both fuel the competitive spirits and sporting rivalry between nations.

Who: 10 teams of 10 players will be participating.

The teams include USA East, USA West, Canada, England, Scotland, The Republic of Ireland, Wales, Germany, Australia and the Rest of Europe, with each country having 10 players representing the nations. The individuals selected are some of the best DraftKings DFS players from across each of the countries as well as several ‘wildcards’ filled through qualifier contests.

When: The DraftKings World Cup will be run over two weeks, from 22nd October to 1st November.

The top four teams with the highest combined points in week one will progress to the final, with the remaining six teams eliminated.

Scoring: The teams will collect points by betting on six different events in the first week including the English Premier League (EPL), PGA golf, Major League Baseball (MLB), Australian Football League (AFL), Ultimate Fighting Championship (UFC), and the NFL. Only the top four teams will qualify for the final week where the events will be PGA, UFC, EPL, NFL and Nascar.

Week one has a total of six events. All 100 players enter each contest. If you get first place, you get 100 points for your country and if you get last, you only get 1 point. Second place gets 99 points, third place 98 points, and so on.

 

Yellow events highlighted above are the five Premiere Events, where points count as double (first place gets 200, last place gets 2).

Payout Structure: As this is a team competition, all overall prizes are split between team members. However, there will be individual prizes for the winner of each contest ($500 or $1000 for premiere events). The top prize is $10,000.

1st – $10,000 2nd – $7,500 3rd – $5,000 4th – $2,500

Engagement: To further build interest and engagement, DraftKings has created a shadow contest that will run alongside the main event where any DFS players can win a share of a prize pool if they beat the top score of those participating in the DK World Cup. All shadow events will offer $1,000 with the final contest NFL (11/1) being $3,000

A landing page will be live later this week which will be the one-stop-shop for those wanting to follow and it will include teams, live leaderboard, contests and shadow links etc.

Clinton Gray, VIP Manager at DraftKings, said: “Fan engagement is paramount at DraftKings and, ahead of a packed lives sports schedule next year, we are fueling the competitive spirits of our player base by launching a World Cup featuring teams from every country we are active in across an array of daily fantasy sports categories. It will be a thrilling two weeks of fierce competition and we look forward to crowning the first DFS World Cup team winners.”

A landing page will hopefully be live later this week which will be the one stop shop for those wanting to follow and it will include teams, live leaderboard, contest and shadow links etc.

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