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FanDuel Group
FanDuel Group is an American gambling company that offers sportsbook, daily fantasy sports, horse racing, and online casino. 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 founded 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 news predictio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...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 me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pennsylvania
Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, Maryland to its south, West Virginia to its southwest, Ohio to its west, Lake Erie and the Canadian province of Ontario to its northwest, New York to its north, and the Delaware River and New Jersey to its east. Pennsylvania is the fifth-most populous state in the nation with over 13 million residents as of 2020. It is the 33rd-largest state by area and ranks ninth among all states in population density. The southeastern Delaware Valley metropolitan area comprises and surrounds Philadelphia, the state's largest and nation's sixth most populous city. Another 2.37 million reside in Greater Pittsburgh in the southwest, centered around Pittsburgh, the state's second-largest and Western Pennsylvania's largest city. The state's su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Valley Forge Casino Resort
Valley Forge Casino Resort is a casino in Upper Merion Township, Montgomery County, Pennsylvania, just outside of Philadelphia. Located in the King of Prussia census-designated place (CDP), it was constructed on the existing site of the Valley Forge Convention Center and opened on March 31, 2012. It is owned and operated by Boyd Gaming. History Valley Forge Plaza The casino complex originated as a mixed-use development called Valley Forge Plaza, constructed by developer J. Leon Altemose. The construction was highly controversial, because Altemose chose to use non-union workers. This led to protests by local union members, during one of which, on June 5, 1972, the construction site was firebombed. The first structures in the complex were the circular tower of the Sheraton-Valley Forge Hotel, an adjoining twin-screen cinema, and the connected curved executive office tower directly to the east, which opened in September 1973. In 1985, Altemose constructed an enormous addition on the w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Jersey
New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware River and Pennsylvania; and on the southwest by Delaware Bay and the state of Delaware. At , New Jersey is the fifth-smallest state in land area; but with close to 9.3 million residents, it ranks 11th in population and first in population density. The state capital is Trenton, and the most populous city is Newark. With the exception of Warren County, all of the state's 21 counties lie within the combined statistical areas of New York City or Philadelphia. New Jersey was first inhabited by Native Americans for at least 2,800 years, with the Lenape being the dominant group when Europeans arrived in the early 17th century. Dutch and Swedish colonists founded the first European settlements in the state. The British later seized control o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meadowlands Racetrack
The Meadowlands Racetrack (currently referred to as Meadowlands Racing & Entertainment) is a horse racing track at the Meadowlands Sports Complex in East Rutherford, New Jersey, United States. The track hosts both thoroughbred racing and harness racing. It is known popularly in the region as "The Big M". Meadowlands has year-round horse racing as well as a number of bars and restaurants. History Opened in the mid-1970s, Meadowlands Racetrack held its first-ever harness race on September 1, 1976, while thoroughbred racing commenced on September 6, 1977. With the exception of the opening season of 1976, autumn has been dedicated to the thoroughbreds, while the rest of the year features standardbreds, or harness horses. The advertising campaign that accompanied the start of thoroughbred racing at the Meadowlands in 1977 was noted for its use of the slogan "Racing with the Moon", originally popularized in 1941 by bandleader Vaughn Monroe (alluding to the fact that post-time is in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Professional And Amateur Sports Protection Act Of 1992
The Professional and Amateur Sports Protection Act of 1992 (), also known as PASPA or the Bradley Act, was a law, judicially-overturned in 2018, that was meant to define the legal status of sports betting throughout the United States. This act effectively outlawed sports betting nationwide, excluding a few states. The sports lotteries conducted in Oregon, Delaware, and Montana were exempt, as well as the licensed sports pools in Nevada. In addition, Congress provided a one-year window of opportunity from the effective date of PASPA (January 1, 1993) for states which operated licensed casino gaming for the previous ten-year period to pass laws permitting sports wagering. The latter exception was clearly crafted with New Jersey in mind. However, New Jersey failed to take advantage of this opportunity. Excluded from the reach of PASPA were jai alai, as well as parimutuel horse and dog racing. In a May 2018 decision in ''Murphy v. National Collegiate Athletic Association'', the Sup ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TVG2
FanDuel Racing (formerly TVG2 and HRTV) is an American sports-oriented digital cable and satellite television network. It is part of the TVG Network and is owned by Paddy Power Betfair. Dedicated to horse racing, it broadcasts events from U.S. and international racetracks, as well as a range of English and Western horse competitions, news, original programming and documentaries History Horse Racing Television (HRTV) was launched on January 1, 2003 by the Magna Entertainment Corp. providing coverage of races at the 13 company-owned racetracks and programming from 60 other tracks. Magna used the network to promote their Xpressbet wagering system. The network was previously known as HRTV, and owned by the Stronach Group. In 2007, Stronach sold 50% of the network to Churchill Downs Incorporated. In February 2015, HRTV was acquired by Betfair, owner of the competing TVG Network. HRTV was consolidated into TVG Network's Los Angeles facilities, and re-branded as TVG2 on October 28, 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TVG Network
FanDuel TV is an American sports-oriented digital cable and satellite television network owned by FanDuel Group, the U.S. subsidiary of Irish bookmaker Flutter Entertainment. Formerly known as TVG and specializing in coverage of live horse racing, the network was rebranded as FanDuel TV in September 2022. Post-rebrand, the intent is to focus on mainstream sports and sports betting while retaining the TVG name for online horse wagering. History TVG (1999–2022) FanDuel TV was launched on July 14, 1999 as TVG (short for Television Games Network), and was founded as a joint-venture of TV Guide Inc. (which at the time was owned by both Liberty Media and News Corp.), National Thoroughbred Racing Association, and AT&T Broadband. In May 2006, TVG introduced several new programs to its schedule including ''Morning Line'', ''Fandicapping'', '':58 Flat'', ''Lady Luck'' (an all-female panel discussion program focusing on the day's races) and ''Drive Time'' (which covered exclusiv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bookmaking
A bookmaker, bookie, or turf accountant is an organization or a person that accepts and pays off bets on sporting and other events at agreed-upon odds. History The first bookmaker, Ogden, stood at Newmarket in 1795. Range of events Bookmakers in many countries focus on accepting bets on professional sports, especially horse racing and association football or Indian Premier League cricket. However, a wider range of bets, including on political elections, awards ceremonies such as the Oscars, and novelty bets are accepted by bookmakers in some countries. Operational procedures By "adjusting the odds" in their favour (paying out amounts using odds that are less than what they determined to be the true odds) or by having a point spread, bookmakers aim to guarantee a profit by achieving a 'balanced book', either by getting an equal number of bets for each possible outcome or (when they are offering odds) by getting the amounts wagered on each outcome to reflect the odds. W ... [...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 ven ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nik Bonaddio
Nik Bonaddio is an American Internet entrepreneur best known for founding and serving as the CEO of the popular sports analytics site numberFire. In 2017, he was named Chief Product Officer at FanDuel, who acquired numberFire in September 2015. Education Bonaddio was raised in Wexford, Pennsylvania, a suburb in the North Hills neighborhood of Pittsburgh, and graduated from nearby North Allegheny Senior High School. During his time at North Allegheny, he was featured multiple times in local newspapers for awards received for his online design collective, Lockjaw and was active in the soccer and tennis programs. He received a B.S. in 2004 from Carnegie Mellon University in Information Systems, followed by a M.S. in Information Systems Management in 2005. During his time at Carnegie Mellon, he was a two-time All-American athlete and record holder in track and field and a member of the Kappa Delta Rho fraternity. Career After graduation, Bonaddio began work at Yahoo! as a soft ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
