FanDuel Group is deepening its presence in the West Virginia online gaming market through a newly announced partnership with Delaware North. The agreement grants FanDuel market access via Delaware North’s Mardi Gras Casino & Resort in Cross Lanes, further solidifying its foothold in the state’s growing sports betting and iGaming sector.
Strategic Partnership Combines Strengths
The collaboration brings together two major forces in gaming and entertainment—Delaware North, a long-established player in hospitality and casino operations, and FanDuel, North America’s leading online gaming operator. By partnering with Mardi Gras Casino & Resort, a premier destination near Charleston, FanDuel is reinforcing its commitment to West Virginia’s digital betting market.
“Delaware North has been a respected name in gaming and hospitality for decades, and they are an ideal partner as we continue to operate in West Virginia,” said Jonathan Edson, FanDuel’s Senior Vice President of Business Development.
Delaware North echoed the enthusiasm. “We love working with FanDuel and are very proud to be partnered together in West Virginia,” said Lee Terfloth, Chief Interactive Gaming Officer at Delaware North. “This partnership represents the best of what Delaware North strives for, bringing trusted, innovative experiences to our customers – and FanDuel is an incredible ally in that mission.”
Maintaining Operations at Greenbrier
In addition to the new collaboration, FanDuel will retain its current sportsbook operations at the Greenbrier Resort in White Sulphur Springs. This continued presence complements the brand’s expanded reach through the Mardi Gras Casino and ensures a broader service footprint in West Virginia.
FanDuel and Delaware North: Industry Leaders Joining Forces
FanDuel, a subsidiary of Flutter Entertainment (NYSE: FLUT), currently serves around 17 million users across all 50 U.S. states and operates 25 retail locations. Flutter boasts a market capitalization of $49 billion and has seen a 15.6% uptick in revenue over the last year. The company maintains a “GOOD” financial health rating, with analysts projecting a 31% increase in revenue for 2025.
Delaware North, meanwhile, operates on three continents and is known for its global footprint in hospitality and gaming. The company’s decision to align with FanDuel in West Virginia signals its commitment to expanding digital gaming operations in key markets.
Flutter Entertainment Gains Favor Among Analysts
The partnership announcement comes as Flutter Entertainment continues to attract positive attention from Wall Street. Citizens JMP analyst Jordan Bender reiterated a “Market Outperform” rating for the company, holding a $345.00 price target. Stifel and Benchmark followed suit, with Stifel maintaining a Buy rating and setting a $356.00 target, and Benchmark projecting $365.00.
Flutter’s recent collaboration with CME Group also garnered analyst praise. The partnership will introduce event contracts tied to financial benchmarks, offering an innovative edge in the real-money gaming space. Analysts considered this a strategic surprise, with CME not originally expected to be a Flutter partner.
These moves, including the new West Virginia market access agreement with Delaware North, reflect Flutter’s broader efforts to expand through both geographic reach and diversified offerings.
Source:
“FanDuel And Delaware North Announce Market Access Partnership For West Virginia”, prnewswire.com, Sep 18, 2025.
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