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FanDuel and Diamond Sports Group Announce Broad Commercial Partnership

PRIVATEOct 18, 2024

Acquiring Company

FanDuel

Acquired Company

Diamond Sports Group

New YorkentertainmentSports

Description

FanDuel and Diamond Sports Group have announced a broad, long-term commercial partnership, with FanDuel Sports Network set to replace the Bally Sports RSNs on October 21. The partnership includes exclusive naming rights, media placement and integration opportunities, as well as shared commitment to exploring a unified DTC app experience with syndicate programming. This partnership aims to elevate the fan experience and provide unique experiences for sports fans.

Quick answer

FanDuel is acquiring Diamond Sports Group, announced October 18, 2024. FanDuel is based in New York, New York, United States.

How much did FanDuel pay for Diamond Sports Group?
The deal value was not disclosed.
What does FanDuel do?
FanDuel Group is the premier mobile gaming company in the United States.
Where are FanDuel and Diamond Sports Group based?
FanDuel is based in New York, New York, United States.
Who are the decision-makers at FanDuel?
Fundz holds 3 contacts at FanDuel. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in entertainment and Sports

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

FanDuel

Location

41 East 11th Street

New York, New York, United States

About

FanDuel Group is the premier mobile gaming company in the United States. FanDuel Group consists of a portfolio of leading brands across mobile wagering including, America's #1 Sportsbook FanDuel Sportsbook, its leading iGaming platform FanDuel Casino, the industry's unquestioned leader in horse racing and advance-deposit wagering, FanDuel Racing and its daily fantasy sports product.

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Frequently asked

Who acquired Diamond Sports Group?

Diamond Sports Group was acquired by FanDuel, based in New York. The deal was reported on October 18, 2024. FanDuel Group is the premier mobile gaming company in the United States. FanDuel is privately held and operates in entertainment.

When did FanDuel acquire Diamond Sports Group?

FanDuel's acquisition of Diamond Sports Group was reported on October 18, 2024. FanDuel and Diamond Sports Group have announced a broad, long-term commercial partnership, with FanDuel Sports Network set to replace the Bally Sports RSNs on October 21. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Diamond Sports Group do?

Diamond Sports Group is the embattled broadcaster of Bally Sports regional sports networks (RSNs) and is currently undergoing another transformation. It is privately held, operating in Sports.

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