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Business
November 5, 2025
BofA Downgrades DraftKings and Flutter Amid Market Uncertainties
Sportsbook operators DraftKings and Flutter’s shares have dropped to neutral, after Bank of America lowered its ratings on both companies to that level recently. The bank highlighted renewed challenges from fluctuating betting margins, potential state tax headwinds, and ongoing uncertainty surrounding the development of prediction markets as a reason for its decision. DraftKings and Flutter’s […]
Sports
October 22, 2025
DraftKings Moves into Prediction Markets by Buying Railbird
DraftKings has bought Railbird Technologies Inc. and its subsidiary Railbird Exchange, taking a big step into the regulated prediction market world. DraftKings Uses Railbird’s CFTC License to Create Event-Trading App The Boston-based gaming company shared the news on Tuesday, highlighting that Railbird’s tech and federal licenses will be the foundation for its new product, DraftKings […]
Sports
October 15, 2025
Tampa Bay Buccaneers Player Injury Prompted $11.5M Refunds to Bettors
Tampa Bay Buccaneers wide receiver Emeka Egbuka is starting his NFL career with a bit of a difficult spell. The young ace suffered an injury that made him unable to attend the game versus the San Francisco 49ers, forcing DraftKings and Fanatics to repay bettors who had placed wagers on the athlete’s performance. Egbuka Action […]
Business
September 30, 2025
DraftKings Pens Major Agreement with NBCUniversal
Gaming and betting giant DraftKings has unveiled a major new advertising and sponsorship deal with American multinational mass media and entertainment conglomerate NBCUniversal. Under this multi-year partnership, the operator will secure а presence across the broadcaster’s top sports content. DraftKings to Be Integrated Across NBCUniversal’s Sports Programming Per the deal, DraftKings’ brand will be integrated […]
Casino
September 30, 2025
Blind Man Sues DraftKings Citing Website Accessibility Issues
The “original, continuous gamechanger” striving to shape “the present and future of sports entertainment and digital experiences” and “dutifully and soulfully invest in people, processes, and technology to create a secure gaming environment”, DraftKings Inc., is facing a new class action lawsuit in the U.S. District Court for the Southern District of New York. This […]
Business
September 10, 2025
Jefferies, Confident About DraftKings Amid In-Play Betting Surge
DraftKings looks ready to take advantage of one of the fastest-growing trends in online sports betting, namely, in-play and proposition wagers. At least, that’s the latest assessment from Jefferies Equity Research analyst David Katz, who, in a September 9 investor note, pointed to “strengthening trends around in-play betting” as a key driver for the operator. […]
Sports
September 9, 2025
DraftKings CEO: Sportsbooks Have the Upper Hand Over Prediction Markets
The NFL season’s start has led to DraftKings seeing record-breaking betting activity. CEO Jason Robins talked about the company’s progress and its stance on the growing trend of prediction markets. At the Bank of America Gaming and Lodging Conference last week, Robins said prediction markets might gain a foothold in states where sports betting is […]
Sports
August 28, 2025
DraftKings Launches Responsible Gambling Month Campaign in September
DraftKings has launched a new campaign on the occasion of Responsible Gaming Education Month (RGEM), which is kicking off in September and is running annually. The campaign will seek to once again promote and push responsible gambling messages and focus on communicating this messaging to its millions-strong audience. DraftKings Doubles Down on RG During September […]
Legal
August 27, 2025
DraftKings Says It Was Right to Void Golf Bettor’s $14.2M Payout
US betting and gaming giant DraftKings has insisted that it was in the right to void the wagers of an Iowa man who was set to win some $14.2 million. The operator insisted that its policy allows it to cancel any bets due to errors. A Player’s Bets Were Voided The situation stems from the […]
Business
August 22, 2025
DraftKings Puts an End to Credit Card Deposits
US sports betting and gaming powerhouse DraftKings has informed its American customers that it will no longer accept payments with credit cards. The decision comes amid broader efforts to minimize gambling harm in the US and prevent harmed customers from overspending. The Change Applies to DraftKings’ Sportsbook and Online Casino The change was communicated to […]
