Tag: BetFanatics
-
Fanatics, Caesars Launch NFL Live Streaming for Registered Bettors
How can I watch an NFL game and bet on the same platform? Ever since sports betting was legalized more than five years ago, it seemed like that was the ultimate dream. Smaller sports have offered this service ad nauseam — like lower level tennis matches — but the ultimate end goal will now be…
-
Fanatics Betting CEO on PointsBet Acquisition, State of Affairs Ahead of 2023 NFL Season
Thursday marked the first close of Fanatics‘ $225 million acquisition of PointsBet as the sports merchandising company gains sportsbook access in eight states (Colorado, Iowa, Kansas, Maryland, New Jersey, Pennsylvania, Virginia, and West Virginia). PointsBet customers will now see the business in these states being rebranded to PointsBet, a Fanatics Experience. Illinois, Indiana, Louisiana, Michigan,…
-
Fanatics Sportsbook Officially Opens For Business
The most anticipated new player in the sports betting game took its training wheels off on Wednesday. That’s when Fanatics Sportsbook moves from beta testing to full speed ahead in four states — Maryland, Massachusetts, Ohio and Tennessee. Although Fanatics’ entry into the sports betting space comes more than five years into the legalized sports…
-
PointsBet Agrees to Fanatics Sale for $225 Million, Beating DraftKings To The Punch
99% of PointsBet shareholders voted to sell its U.S. business to Fanatics for $225 million late Thursday night, marking the end of a lengthy saga that sees the largest sports and collectibles licensee in the world come closer to becoming a sports betting giant. The purchase will allow Fanatics, a $31 billion behemoth entering the…
-
DraftKings’ Attempt to Buy PointsBet Collapses, Fanatics Set To Become New Owner
DraftKings’ 11th-hour bid to usurp Fanatics and block it from buying PointsBet looks to have fallen flat on its face. PointsBet announced on Tuesday night that DraftKings missed its deadline to finalize its offer. That’s after DraftKings made a last minute, $195 million salvo earlier this month to purchase PointsBet and prevent Fanatics from attaining…
-
DraftKings Makes 11th-Hour, $195M Bid to Undercut Fanatics, Acquire PointsBet
DraftKings submitted a $195 million unsolicited bid for PointsBet’s U.S. business on Friday morning in what amounts to a massive gamble by one of the country’s biggest gambling outfits. The proposal, announced by PointsBet, is about $45 million more than the one offered by Fanatics last month. While PointsBet’s board had agreed to the Fanatics…
-
Fanatics Acquires PointsBet’s U.S. Business, Marking Its Official Foray Into Sports Betting
Fanatics signed a deal to buy the U.S. business of Australian sportsbook PointsBet on Sunday night in an acquisition that is said to be worth $150 million, multiple sources told the Action Network. The world’s largest sports apparel and collectibles company hired FanDuel CEO Matt King nearly three years ago, but only recently entered the…
-
When Will BetFanatics Launch in Maryland?
When Maryland sports betting goes live on Wednesday, BetFanatics will not be one of the sportsbooks available to bettors at launch. That’s because Fanatics’ long-anticipated sportsbook offering is not yet available for users to download. However, there’s good news if you’re a Maryland bettor looking forward to signing up with BetFanatics — the brand already…
-
Fanatics CEO Expects 2023 Online Sports Betting Launch
Fanatics finally has a timetable for its impending online sports betting operation, CEO Michael Rubin said Tuesday. The sports manufacturing behemoth officially began its foray into the gambling space last year after poaching FanDuel CEO Matt King and Action Network’s Chief Operating Officer Ari Borod. The company also filed a trademark for the term “BetFanatics.”…
-
Fanatics Hires New Chief Marketing Officer For Its Betting Business
On Tuesday, Fanatics hired Jason White as its chief marketing officer for betting and gaming. Plans to launch have been quiet, but the division has hired top executives and others that now make the group more than 150 employees strong. White comes from Wieden+Kennedy, where he did advertising campaigns for Nike, Beats By Dre, MTV…
-
Fanatics Files to Trademark ‘BETFANATICS’ for Sports Betting Venture
They haven’t made the ultimate move, but the behemoth that the sports betting world is waiting for has taken another step: trademarking a brand. On Monday, an online filing at the U.S. Patent and Trademark Office revealed that Fanatics, the largest sports-only licensed retailer in the world which also now owns Topps, is seeking to…