The betting giant said it was responding to media speculation after reports the bookmaker was in talks to acquire the fantasy sports site.
British bookmaker Paddy Power Betfair Plc PPB.I is close to buying USA daily fantasy sports company FanDuel, according to a report on Tuesday by the Legal Sports Report (LSR), citing unnamed sources.
The UK operator said discussions with Fanduel, which hands cash prizes to players who pick successful fantasy sports teams, were ongoing and that there was no certainty any deal would go ahead.
The move comes just days after the USA relaxed its gambling laws, providing an opening for the likes of William Hill and Paddy.
FanDuel previously stated its intention to launch a sports betting service should the Supreme Court overturn the federal 1992 Professional and Amateur Sports Protection Act (PASPA), which has blocked more states from offering regulated sports betting. States will now be able to choose individually whether to legalise sports betting. It is backed by the likes of Kohlberg Kravis Roberts, Google Capital and NBC Sports Ventures.
Paddy Power bought Fanduels rival Draft for $48m previous year and the FTSE 100 firm also has an online casino and horse betting exchange in New Jersey.
FanDuel lets users build fantasy teams, follow games, and win cash, and it would offer Paddy Power Betfair a major doorway into the United States market - as well as details on tens of millions of users that might use its other gambling products.
Northeast on Wednesday after ferocious storms packing fierce winds and hail battered the region, killing three people. Damage to train tracks from severe weather has suspended Brunswick, Maryland's MARC's Brunswick Line service.
Production of the new S60 will start this fall at Volvo Cars' brand new manufacturing facility outside Charleston, South Carolina. The upcoming S60 sedan will come powered by a mix of four cylinder petrol Drive-E engines and hybrid powertrains.
That would see the likes of Real Madrid, AC Milan , Bayern Munich and Barcelona all potentially involved too. Sponsors from the United Arab Emirates, Japan and Saudi Arabia would reportedly bankroll the winnings.
England's all-time top scorer had reportedly agreed terms on a £12.5 million move to DC United in Major League Soccer last week. But the style of play under the 63-year-old has not been met with universal appeal among Everton fans.
Pieterson's sister, Antoinette, whose grief is captured in the photo, has for many years been a guide at the museum. Ramaphosa conveyed his condolences to the Nzima family on behalf of his government and the people of South Africa.
The Average Directional Index or ADX is technical analysis indicator used to discern if a market is trending or not trending. The firm owned 63,768 shares of the exchange traded fund's stock after selling 4,150 shares during the quarter.
BC-BBA-Athletics-Piscotty Homers, 98A's Stephen Piscotty honors late mother with HR in returnAP Photo MASR106Eds: APNewsNow. The A's gave him the option of sitting out after he took a red-eye flight from California, but Piscotty wanted to play.
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