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Legal
February 1, 2024
Youth to Serve 18 Months in Prison for DraftKings Cyber Fraud
Joseph Garrison, one of the youths who staged cyber fraud involving DraftKings Sportsbook accounts in 2022, has pleaded guilty, accepting an 18-month prison sentence. The 19-year-old was involved in a credential surfing attack. Along with other conspirators Garrison exploited system vulnerabilities to steal $600,000 from DraftKings users whose credentials had been stolen in other data […]
Sports
February 1, 2024
LeBron James Joins DraftKings as NFL Talent Ambassador
Basketball powerhouse LeBron James is joining DraftKings’ team as a talent ambassador, the American betting operator announced. While best known for his basketball prowess, King James’ partnership with the gambling juggernaut will actually be centered on football. According to the announcement, the multi-year agreement will see the Los Angeles Lakers star participate in a variety […]
Legal
January 31, 2024
Two More Individuals Indicted for DraftKings Cyberattack
Two individuals, Nathan Austad, 19, of Farmington, Minnesota, and Kamerin Stokes, 21, of Memphis, Tennessee, have been indicted for their roles in the November 2022 DraftKings cyberattack. They allegedly misused the illegally obtained data for personal gain, selling confidential information and inflicting damage on the operator and its clients. Joseph Garrison, a third co-conspirator, has […]
Business
January 26, 2024
DraftKings Names Marie Donoghue Chief Business and Growth Officer
The leading digital sports entertainment and gaming company, DraftKings, strengthened its growing team with the addition of Marie Donoghue to the role of chief business and growth officer. Announced Thursday, the new appointment seeks to propel the company’s future growth and leadership within the entertainment and sports verticals. Lauded as a strategic hire, Donoghue, as […]
Sports
January 25, 2024
Barstool Sports and DraftKings Set to Forge Strategic Betting Partnership
Barstool Sports, under the leadership of founder Dave Portnoy, is reportedly in advanced negotiations for a comprehensive sports betting deal with DraftKings. Barstool and DraftKings Forge Unprecedented Marketing Partnership in Secrecy Unlike previous endeavors, this prospective deal is anticipated to take the form of a traditional marketing partnership. Barstool will play a pivotal role in […]
Sports
January 19, 2024
DraftKings Teams up with TUMS for a New Free-to-Play Game
Ahead of Super Bowl LVIII, one of the most anticipated football events across the United States, TUMS, an antiacid brand, joined forces with DraftKings, the leading betting and gaming operator, for the launch of TUMS Prop Bites, a new free-to-play game. The game, described as a “first-of-its-kind platform where fans can make their free food […]
Industry
January 10, 2024
DraftKings Prepares to Launch Online Sports Betting in Vermont
North American gambling giant DraftKings has unveiled its plans to launch its online sportsbook in the state of Vermont on January 11, 2024. This would notable be the 26th US state where the sportsbook is available. Once DraftKings launches in Vermont, the company’s presence will span across almost the entire New England region. The firm’s […]
Business
January 8, 2024
Strong Bettor Performance May Impact DraftKings’ Q4 Results
Currently, DraftKings holds a leadership position within the growing sports betting sector across the US. The company plans to release its fourth quarter results in mid-February, highlighting key details regarding its performance for the last months of 2023. Ahead of the Q4 results, a leading equity research analyst spoke about an anomaly that may impact […]
Sports
January 8, 2024
DraftKings and BetMGM Secure Agreements for North Carolina Expansion
Two major online sportsbooks, DraftKings and BetMGM, have recently inked deals that pave the way for their operations in the Tar Heel State. BetMGM Forges Strategic Alliance with Charlotte Motor Speedway BetMGM, recognized as a leader in sports betting and iGaming, disclosed its strategic partnership with Charlotte Motor Speedway, a prominent motorsports and entertainment venue. […]
Business
December 25, 2023
Tilman Fertitta Confident in DraftKings, Wynn’s Prospects for 2024
In a recent interview with CNBC’s Brian Sullivan, Tilman Fertitta argued that Golden Nugget is not the only equity that is most likely going to benefit from the momentum in the gaming industry in 2024. He also sees Wynn Resorts and DraftKings as sector companies in a very strong position, not least because of his […]
