FanDuel, sports betting and 49ers
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FanDuel Predicts launches in five states, marking the latest sportsbook to expand into controversial sports prediction markets.
A report indicates the Main Street Sports Group, which operates the FanDuel Sports Wisconsin brand, is facing more financial trouble.
Flutter introduces FanDuel Predicts to offer sports event contracts, expanding prediction markets while regulators weigh challenges to gaming licenses.
The sportsbook is seeking to meet a challenge from companies such as Kalshi. The move may also put pressure on state governments to legalize betting on games.
Reported missed rights payment raises red flag as Main Street Sports Group looks to keep broadcast network for 13 NBA, 8 NHL, 9 MLB teams intact.
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Timberwolves, Wild TV future could be in flux if FanDuel Sports Network dissolves
Minnesota Timberwolves and Wild fans could soon be scrambling for ways to watch their teams play, with the future of FanDuel Sports Networks uncertain.
A recent report indicates that the networks could shutter soon unless a sale goes through. There's a scenario to be aware of that could cause some issues for the Minnesota Timberwolves in regards to the television distribution of their games as soon as this season — and perhaps change where the games are available for fans to watch.
Sports betting firm FanDuel and derivatives exchange heavyweight CME Group on Monday announced the launch of their prediction markets platform in five U.S. states, as the red-hot asset class continues to draw in new entrants.
Get the latest welcome offer for $300 in bonuses ahead of the kickoff between the New England Patriots and Baltimore Ravens on Sunday Night Football.
If a sale falls through, Main Street Sports Group could ultimately be shut down following the current NBA and NHL seasons.