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The Latest in draftkings
Industry
January 26, 2022
Morgan Stanley’s Intervention Turned the DraftKings’ Tide
A stock rating upgrade by Morgan Stanley saw DraftKings stock price reverse its negative trend that brought its share price from $64.50 to less than $20 in the space of four months. Is It ‘Too Big an Opportunity?’ Morgan Stanley upgraded the Boston-based gaming operator’s stock rating from Equal-Weight to Overweight in a report titled […]
Industry
January 25, 2022
Stephanie Sherman Assumed DraftKings Chief Marketing Officer Role
DraftKings announced today an internal promotion that saw long-serving Stephanie Sherman assume the role of chief marketing officer to consolidate all marketing functions in the business under her leadership. All-Round Marketing Executive Sherman, who was one of the first employees of Boston-based DraftKings when she joined in 2013, would be responsible for future marketing efforts, […]
Industry
January 20, 2022
DraftKings to Donate $1.57M as Part of Its State Council Funding Program
DraftKings has demonstrated its commitment to inhibiting gambling harm by vowing to support the 35 state problem gambling councils across the United States. DraftKings Launches the State Council Funding Program Through the so-called State Council Funding Program, the famous operator will fuel the councils’ work by providing them with crucial monetary aid for three years. […]
Sports
January 20, 2022
DraftKings Sole Betting Agency to Run Ads at Super Bowl
The Super Bowl’s ad spots have been desired airtime, but one that costs more than a pretty penny. At the cost of around$6 million for a 30-second spot, there aren’t many companies who are convinced that this is the best way to spend their money on marketing. DraftKings, though, wants to believe, and they remain […]
Industry
January 13, 2022
DraftKings to Launch Online Sports Betting via Oregon Lottery Deal
DraftKings, the leading daily fantasy and sports betting operator announced on Wednesday a new agreement with the Oregon Lottery. Oregon Lottery Teams up with DraftKings Under the new deal, DraftKings will become an official sportsbook provider for the Oregon Lottery. As a part of the exclusive agreement, DraftKings’ sportsbook application is going to replace the […]
Industry
January 7, 2022
DraftKings Sportsbook Set to Go Live with Official Launch Date
Leading daily fantasy and sports betting operator DraftKings announced it would launch mobile sports betting operations in New York on Saturday to become one of the first online sportsbooks in the state. Ready to Launch The announcement confirming Boston-based DraftKings is ready to go live with online and mobile sports betting in New York at […]
Business
January 6, 2022
GNOG Shareholders, Investor File Fresh Lawsuits against Fertitta
New legal clouds gathered above the acquisition of Golden Nugget Online Gaming (GNOG) by DraftKings after two new lawsuits were filed against Tilman Fertitta and his participation in the deal. Fresh Lawsuits The new suits claim some of the financial and commercial terms of the $1.56 billion transaction benefitted unfairly Fertitta and several board members […]
Sports
December 13, 2021
DraftKings Is Most Visible Sportsbook in the US According to YouGov
DraftKings is the most visible sports betting brand across the United States, according to exclusive multi-state research by international Internet-based market research and data analytics firm YouGov. DraftKing Leads the Charge With 37% The research showed that out of 1,178 people who had been exposed to sports betting advertisements within the last month, a whopping 37% recalled DraftKings. The […]
Sports
December 8, 2021
DraftKings Boosts NFT Market by Striking a Deal With the NFLPA
DraftKings has entered the world of NFTs and joined the massive trend that has exploded this year as it announced yesterday that it came to terms with the NFL Players Association to release special gamified Non-Fungible-Token collections and further boost its involvement in the space. NFT Collections Are Set to Make Their Debut in The […]
Legal
December 2, 2021
Colossus Bets, Diogenes Sue DraftKings Over 7 Cash-Out Patents
Last Wednesday, UK’s Colossus Bets and Diogenes have filed a patent infringement complaint against DraftKings in a Federal Court in Wilmington, Delaware. The complaint is 53 pages long and covers seven patent infringement claims over DraftKings’ use of the cash-out button on its gaming and sports betting products. Colossus Bets and Diogenes Ask for Million-Dollar […]