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…

The Gambling Commission is considering a credit card ban for online betting. The regulator’s report into how to make online gambling safer said consumers “should not gamble with money that they do not have”. Betting operators have suggested credit cards are used for between 10% and 20% of deposits online. Before taking action the regulator will explore whether a ban would instead force people to use “payday” loans. Other proposed changes include improving age verification processes, banning operators from providing “free-to-play” games to children and tackling “unacceptable marketing and advertising”. The latest suggestions come after a consultation by the Department…

Daily fantasy sports (DFS) operator FanDuel has closed its operations in the UK market. FanDuel informed players of its decision via email and also confirmed its exit via a posting on its official Twitter account. In a message on its website, FanDuel said that it hoped to return to the UK “in the future”, but did not officially disclose the reasons behind the move. Players who have funds left in their account will have their balance credited to their most recent bank card and will also receive an email confirming payment. More at iGaming Business

Fantasy Soccer has grown massively over the last decade, with millions of virtual managers investing time pondering over their starting line-ups in order to win valuable points. Many turn to stats or the formbook to help make their final decision – something which could actually pay-off in soccer betting too. Of course, knowing which players or teams are in good form certainly provides a solid base on which to make a bet. However, everything can be made that much simpler by heading over to matchedbets.com – a site offering a mathematically-proven way to win money whatever the outcome of a…

There is a long history of sports betting in the United Kingdom and with the explosion of sportsbooks on the Internet the gaming possibilities are endless. There are not only many reputable online sportsbooks, but land based betting shops and there are over 1,000 in London alone. When gambling online players can have direct registration without using a broker and they can also use a betting broker and a ton of information on both can be found at releasedbettor.co.uk. There is also much information pertaining to offshore bookmakers and betting on foreign, not based in the United Kingdom, sportsbooks. The…

The Grand National is without a doubt the sports event everyone is waiting for in the United Kingdom. It´s also a few great days to gamble, since the festival includes a few more races aside of the main event, that will take place on Saturday 8th of April, only a few days from now. In short words, this race is a long race (a little more than four miles) that includes fences, and it´s by far one of the most extenuating races of the World. The last 200 meters will get your heart pounding hard, because that last effort sometimes…