“This is a pivotal time for the sports world in general, and we are poised to build upon our individual successes and join forces to build the best fan experience in the sports industry.” The new company embodies the strengths of TVG, Betfair US and FanDuel and brings together the brilliant talent, technological expertise, and shared resources to capture the US market opportunity in front of us,” said FanDuel CEO Matt King, who will serve as CEO of FanDuel Group. The combination creates the largest online sports destination in the United States, with a range of products and experiences for all sports fans. Paddy Power Betfair (LON:PPB) and FanDuel confirmed today that they have closed their previously announced merger, combining Paddy Power Betfair’s US businesses with FanDuel.