[$$] Paddy Power Betfair confirms it is in talks to buy FanDuel

May 16
13:04 2018

Paddy Power Betfair has confirmed it is in talks to acquire fantasy sports site FanDuel, as the UK and Ireland-based bookmaker looks to capitalise on the sudden lifting of a federal ban of sports betting across the United States. People close to the the bookmaker said it has been talking to American gambling groups for weeks over potential deals and partnerships, in anticipation of a US Supreme Court decision delivered on Monday that struck down a federal law against sports betting.

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