European gambling company in talks to buy FanDuel for $700M (axios.com) 17 points by mark-ruwt 8y ago ↗ HN
[–] bmlevy9 8y ago ↗ What do you guys think of this? [–] SteveNuts 8y ago ↗ I'm surprised it's not in the billions, to be honest. [–] jonknee 8y ago ↗ Why? They don't have some special access to gambling that others don't and are known for losing phenomenal amounts of money. [–] mark-ruwt 8y ago ↗ It's the first of many. Companies have been circling for years, prepping for access to the US market. [–] [dead] morogop 8y ago ↗ Brutal. Their most recent round was $275 mil at a $1.3 billion valuation.
[–] SteveNuts 8y ago ↗ I'm surprised it's not in the billions, to be honest. [–] jonknee 8y ago ↗ Why? They don't have some special access to gambling that others don't and are known for losing phenomenal amounts of money.
[–] jonknee 8y ago ↗ Why? They don't have some special access to gambling that others don't and are known for losing phenomenal amounts of money.
[–] mark-ruwt 8y ago ↗ It's the first of many. Companies have been circling for years, prepping for access to the US market.
[–] [dead] morogop 8y ago ↗ Brutal. Their most recent round was $275 mil at a $1.3 billion valuation.
[–] vinnyglennon 8y ago ↗ Awesome. Fantasytote.com is another Irish service in same fantasy football gambling space having players against each other using a tote, rather than the house setting the odds.
[–] klondike_ 8y ago ↗ FanDuel claims not to be gambling yet they're being bought out by a gambling company. Interesting [–] anoncoward111 8y ago ↗ well, i mean, my opinion is that FanDuel is in fact a gambling company, but unalligned businesses do acquisitions all the timeI mean an e-commerce site literally bought a brick and mortar grocery store because it had the money
[–] anoncoward111 8y ago ↗ well, i mean, my opinion is that FanDuel is in fact a gambling company, but unalligned businesses do acquisitions all the timeI mean an e-commerce site literally bought a brick and mortar grocery store because it had the money
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[ 3.1 ms ] story [ 30.9 ms ] threadI mean an e-commerce site literally bought a brick and mortar grocery store because it had the money