Bookmaker William Hill has settled its lawsuit alleging that rival FanDuel copied its “how to bet” guide virtually word for word, and will use part of the money to fund creative writing classes.
William Hill CEO Joe Asher won’t say how much his company is receiving from FanDuel, which did not immediately respond to a request for comment Monday.
But he said some of the money will pay for the establishment of creative writing programs at New Jersey universities, as well as programs to treat problem gambling.
The settlement was made public Monday night, but was reached a week or two ago, Asher said.
William Hill filed a copyright infringement suit in October in federal court.
It produced its guide in June when it began offering sports betting at Monmouth Park Racetrack.