The Week In Sports Betting: FanDuel Sold, New Jersey Developments

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PaddyPower FanDuel

It’s been more than ten days since the US Supreme Court relegated PASPA to the trash heap of outdated laws, right alongside the one that prohibits folks in Arizona from intentionally tripping donkeys.

All right, that one’s actually still on the books, but the federal ban on sports betting is not! States now have free rein to regulate the activity at their discretion, and a handful will likely be taking wagers by the end of the year.

The news hasn’t really let up since last Monday, and this week was packed with more must-read headlines across the industry.

Here’s the rundown, quick as we can:

Paddy Power Betfair + FanDuel

Dustin Gouker (from a site called, let’s see here… looks like Legal Sports Report dot com?) broke the week’s biggest story. European bookmaker Paddy Power Betfair and daily fantasy sports site FanDuel are now one.

The parties confirmed the marriage this week after a few days of rumored courtship. The deal will close in Q3 pending final regulatory approval.

Expect the combined group to seize control of the overlap between sports betting and DFS.

DraftKings made some headlines, too, rolling out its inaugural sports betting ad campaign across the New Jerseey transportation network. It will do what it can to challenge PPB/FanDuel in the arena, but it still needs a casino partner. And a platform.

Token New Jersey rundown

As we did last week, it makes sense to spend some time where all the sports betting momentum originates.

When last we spoke, June 7 looked like the date for final NJ sports betting regulations. And Dennis Drazin was talking about suing the leagues for hundreds of millions of dollars. Those two things haven’t really changed in the last seven days, but new sh… new stuff has come to light, man.

A lot of new stuff:

Speaking of which…

Hey, sports leagues… how is it going?

The leagues got most of their gripes in last week, but there was some carryover chatter this week, too.

Regulators, regulate

Some updates from around the map, as the states closest to sports betting mount up:

Another week of takes, hot and cold

In general, this week’s headlines were a little less reactionary and a little more in line with long-term roadmaps and expectations. That left some room for our own reactions, having had a bit of time to digest the news.

Here were some of the best takes this week:

With the good takes come the bad, of course. Here were some of the worst opinions being spouted around the country: