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FanDuel Casino is available as a standalone app in New Jersey now, rather than just a tag-along with FanDuel Sportsbook. In addition, FanDuel Casino is launching its live dealer offerings in Michigan.
On July 22, the Michigan Gaming Control Board (MGCB) authorized Evolution Gaming to provide live dealer services to 10 operators. That day, several operators launched the new products, including BetMGM Casino and BetRivers Casino, as well as FanDuel Casino.
Through Evolution’s studio in a suburb of Detroit, FanDuel Casino will present live dealer blackjack, roulette and baccarat games.
Today, FanDuel announced it also optimized its online casino offerings in New Jersey. Now in a standalone app, FanDuel Casino bettors can play blackjack, roulette, video poker and “a multitude of recognizable slots and fan favorite games from the casino floor.”
FanDuel’s casino product has a complicated history in New Jersey. The company was not initially able to offer one under its own brand because its land-based partner is Meadowlands Racetrack. Under NJ law, both racetracks and Atlantic City casinos can offer sports betting, but only the latter can obtain online casino licenses.
However, FanDuel is owned by the British-Irish conglomerate Flutter, which also owns Betfair, among other brands. Flutter managed to secure a partnership with Golden Nugget AC to offer online casino under the Betfair brand. For a time, the FanDuel Sportsbook app integrated a Betfair-branded casino, but there have been several branding changes since then.
FanDuel launched its own casino product for the first time in Pennsylvania in January 2020, first integrated into its sportsbook then as a standalone product that June. Around the same time, the Betfair branding disappeared from the integrated app in New Jersey. This year, Flutter acquired the Stardust Casino brand, and used it to rename the standalone Betfair Casino NJ app. The launch of a standalone FanDuel Casino app on the same license is the latest step in this series of moves.
One important consequence of this is that Stardust and both FanDuel apps (integrated and standalone) all share their accounts. If you have a login for FanDuel, you can use it for Stardust as well, and vice versa. The only difference between the products, aside from branding and presentation, is the game selection, which the company curates separately for each brand’s respective audience.
Flutter was originally expected to split the US operations off into an IPO this month. While Flutter never said July was the month, it did say FanDuel IPO plans are proceeding. However, they’ve been delayed by two major issues.
First, recently replaced FanDuel Group CEO Matt King resigned on May 12. His last day with the company was July 16. Sportico reported on July 22 that King is working on “gaming opportunities” for Fanatics, an ecommerce apparel company with a database of 80 million sports fans.
King’s temporary replacement, interim CEO Amy Howe, is in place until the company finds a permanent replacement.
The second major holdup appears to be Flutter’s disagreement with its media partner, Fox. This is the month Fox is supposed to be able to buy an 18.6% equity in FanDuel, but Fox and Flutter greatly disagree on the price. That’s why they’re behind closed doors in Judicial Arbitration and Mediation Services (JAMS) negotiations.