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16 May 2018

PPB to gamble on FanDuel acquisition

Daily fantasy sports platform FanDuel is in talks to be acquired by Paddy Power Betfair, allowing Comcast, Time Warner and Alphabet to exit.

Author: Robert Lavine, News Editor

Betting firm Paddy Power Betfair (PPB) is in advanced talks to acquire FanDuel, a US-based daily sports fantasy platform backed by several corporates, Legal Sports Report reported yesterday.