The online casino industry is growing on a daily basis. Players can now choose from many different online casinos offering all kinds of games and bonuses. Despite the fact that there are hundreds of online casinos, there are a few of them that sound familiar even to those who are not really passionate players. Yet, a famous brand doesn’t mean much today because even the best casinos are facing numerous complaints once they start failing the expectations of their clients. So, it’s quite logical for people to read reviews and articles focused on the safety of specific online casinos. In…

PaddyPower Betfair has entered a definitive agreement to acquire leading US DFS business FanDuel, it confirmed to the London market last week. FanDuel, one of the big two operators in the US DFS market alongside DraftKings, will be merged with PPB’s Betfair US business to target the prospective US sports betting market, following the repeal of the federal ban by the US Supreme Court last week. PaddyPower Betfair will contribute its existing US assets plus $158m in cash for a 61% share of the combined business, with FanDuel investors owning the other 39%. “A mechanism” has been agreed to take…

Paddy Power Betfair is to close its Gibraltar office and relocate operations to another of its European sites. The gaming giant told public service broadcaster GBC that the move has been discussed as a means of centralising services since the merger of the two companies in February 2016. The approximately 20-strong workforce will be offered relocation opportunities, it is believed. Paddy Power Betfair is headquartered in Dublin, Ireland, and has offices in a number of European countries, including the UK, Portugal, Romania, Malta and Italy. Paddy Power and Betfair set a target of £50m in synergy savings ahead of their…

Exchange wagering, a fixed-odds, peer-to-peer form of parimutuel betting popular in other parts of the world, will be offered to residents of New Jersey on horse racing beginning May 10th, Betfair US, the operator of the world’s most popular platform, and Darby Development, the operator of Monmouth Park, announced today. Unlike traditional “tote” wagering, where the odds fluctuate, are not determined until the start of each race and are the same for each customer, exchange wagering utilizes cutting-edge technology to allow players to take fixed odds by proposing or matching anonymous trades with each other via the exchange platform. Exchange…

Sunderland AFC has announced a new partnership agreement with Betfair who become the club’s betting partner in the UK. A deal with the Premier League outfit was secured at the back end of last week that will see the online betting company effectively use the club’s platforms to engage with supporters. Sunderland AFC’s commercial director Gary Hutchinson said of the deal: “I am absolutely delighted to welcome Betfair to the Sunderland family. It is the fourth addition to the club’s partnership portfolio ahead of the 2015-16 season and we look forward to building a successful relationship with them.” The European and US iGaming…

iGaming Business – Betfair has sold its 50% stake in Betfair Australia to casino operator Crown Resorts, the online gaming company’s partner in the joint venture. Formed in 2004 by Betfair and Crown, Betfair Australia offers various services to players in the Australasia region. Earlier this year, iGaming Business reported that Crown was set to complete a buy-out of the business. Under the now-confirmed agreement, Betfair will continue to provide Crown with its betting exchange in Australasia under a new business-to-business model. The online gambling firm will also receive a share of revenues generated by the change in markets within…