Legal
June 29, 2026
Man Files Lawsuit Against DraftKings After Gambling Away Life Savings
A Chicago-area man’s wedding plans faced a harsh reality as his compulsive gambling led to a cautionary tale now headed for federal court. Dane Miller, 32, was saving toward what he thought would be the foundation for a steady life with his fiancée. Instead, that fund was gradually eaten up by online sports betting that […]
Prediction Markets
June 19, 2026
DraftKings Experiences Surge in Prediction Activity Driven by World Cup
The current FIFA World Cup is already serving as a significant catalyst for DraftKings’ burgeoning prediction markets business, with a stark rise in user activity and trading volumes just days into the tournament. DraftKings Gains Users and Volume Amid World Cup Frenzy The company’s data shows its DraftKings Predictions platform, launched by the Boston-based operator […]
Business
May 20, 2026
Light & Wonder CEO Talks About the Gambling Industry and Prediction Markets
Matt Wilson, president and CEO of Light & Wonder, spoke Tuesday on the opening day of the 47th annual Gaming Conference, hosted by the Nevada Society of Certified Public Accountants at Circa Las Vegas. He talked about the current state of the gambling industry while also pointing out that it should take a strong stance […]
Business
May 19, 2026
DraftKings Shutters Wrigley Field Sportsbook Due to Tax Pressures
DraftKings has pulled the curtain on its Wrigley Field sportsbook in Chicago, Illinois, citing tax pressures as one of the chief reasons for the decision. The sudden announcement revealed May 31 as the sportsbook’s final day. Wrigley Field Sportsbook Closes After Offering Betting for Two Years As its name suggests, the Wrigley Field sportsbook is […]
Business
May 18, 2026
DraftKings Says Prediction Markets Could Drive Next Phase of Growth
At the start of the month, Macquarie analyst Chad Beynon argued that DraftKings has experienced one of the most impressive structural growth trends in the gambling industry in recent years, largely due to its focus on prediction markets. Now, the company is attempting to reassure investors that its aggressive push into these markets should make […]
Business
May 14, 2026
Macquarie Analyst Chad Beynon Says DraftKings Will Continue Growing Fast
In a May 8 investor note, Macquarie analyst Chad Beynon explained that DraftKings has seen one of the most compelling structural growth stories in the gambling industry in recent times. Macquarie Analyst Has Faith In DraftKings’ Business Model Beynon highlighted DraftKings’ leadership in both online sports betting and iGaming, emphasizing the company’s expanding range of offerings, […]
Sports
May 13, 2026
DraftKings Adds Combo Feature to Prediction Markets Push
DraftKings’ tentacle arms keep reaching further into the prediction markets field. The giant has announced a new parlay-style feature called Combos that will enable bundling multiple event contracts into a single trade. The decision represents another major step in the company’s effort to bring sportsbook-style mechanics into its growing Predictions platform. The new DraftKings offering […]
Business
May 8, 2026
DraftKings Reports Growth in First Quarter of 2026
DraftKings Inc. just revealed its financial results for the first quarter of 2026, reporting a revenue of $1,646 million, which is a 17% increase compared to the $1,409 million during the same period last year. Here Are Some Important Numbers Interestingly, these results come as monthly unique payers (“MUPs”) declined 4% year over year to 4.2 […]
Sports
April 21, 2026
DraftKings Hacker Who Helped Steal 600K Sentenced to 30 Months
The US Attorney’s Office for the Southern District of New York has confirmed the sentencing of one Kamerin Stokes, 23, known as “TheMFNPlug,” who pled guilty to one count of conspiring to commit computer intrusion. He will spend the next 30 months in a federal prison with three years of supervised release and will have […]
Sports
April 17, 2026
DraftKings Outlines Expansion Plans for Alberta, Canada
DraftKings has confirmed that it will be among the 32 or so companies looking to gain entry in Alberta, Canada. As the province is preparing to launch its online sports betting and iGaming industry, DraftKings is among the leading names to join the fray. Alberta Will Be Second Canadian Opportunity for DraftKings The company will […]