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Industry
August 14, 2023
Upcoming DraftKings Commercial to Sport the Company’s New Tagline
DraftKings has unveiled a brand new commercial featuring two of its brand ambassadors. The new commercial will also feature the American operator’s brand-new tagline, “The crown is yours.” Preceding the new National Football League season by a few weeks, the new commercial will feature the retired NFL quarterback Ryan Fitzpatrick, as well as the comedian […]
Business
August 4, 2023
DraftKings Posts Profit in Q2 2023, Hopeful about Rest of the Year
This is a seminal moment in the company’s history, with DraftKings’ non-GAAP earnings per share increasing by 14 cents, and once again – defying analyst forecasts which had the company posted as likely to lose 14 cents of its earnings per stock. This did not materialize, after EBITDA in the second quarter ended on June […]
Sports
July 25, 2023
Massachusetts Deliberates Potential Penalties to DraftKings over Unauthorized Tennis Wagers
The Massachusetts Gaming Commission has been deliberating whether to issue a penalty to the sportsbook after the operator notified the commission that it had accepted 864 wagers worth a total of $7,867 on UTR Pro Tennis Tour events. DraftKings Admits Mea Culpa in Massachusetts, But Not Really Although all was conducted business as usual, the […]
Casino
July 17, 2023
Pariplay Brings Konami Gaming Content for DraftKings in New Jersey
Pariplay, the leading content provider, aggregator and NeoGames subsidiary, announced a new collaboration with DraftKings for the market in New Jersey. Details regarding the new content agreement released Monday reveal that the leading betting and gaming company will benefit from Konami Gaming content. The new collaboration marks the debut of Konami Gaming’s captivating games for […]
Sports
June 28, 2023
Oregon Lottery and DraftKings to Offer Unusual Betting Markets
This summer, the Oregon Lottery will, through its DraftKings Sportsbook, engage local customers with many unorthodox betting markets. The sportsbook will offer a selection of non-stereotypical offerings for fans of unusual betting. One of the most notable betting options will be Nathan’s Hot Dog Eating Contest. The competition will return on July 4 and will […]
Sports
June 28, 2023
DraftKings Folds Bid for PointsBet US Assets
In a surprising turn of events, DraftKings Inc. announced on June 28 that it will no longer pursue the acquisition of the US business of PointsBet Holdings Ltd. DraftKings expressed its gratitude to PointsBet for their time and cooperation during the process. DraftKings’ Failed Attempt to Acquire PointsBet Paves the Way for Fanatics The collapse […]
Industry
June 27, 2023
PointsBet Requests ASX Trading Halt Due to Material Transaction
Acquisition target PointsBet sent a letter to the Australian Securities Exchange (ASX) this morning to request a trading halt of its stock due to a material announcement. Disclosure Obligations PointsBet requested the immediate implementation of a trading halt on its securities listed on the ASX to allow it to manage its continuous disclosure obligations in […]
Business
June 27, 2023
EveryMatrix Launches Games with DraftKings in New Jersey
The provider of content, services and iGaming software for sports betting and casino operators, EveryMatrix, continues its US-facing expansion after announcing a new collaboration. The company confirmed Tuesday it has gone live with the leading betting and iGaming operator, DraftKings, delivering its engaging content for customers in New Jersey. A statement released by EveryMatrix reveals […]
Industry
June 26, 2023
Rumors of Personal Motives Behind DraftKings’ PointsBet Bid
Failed merger negotiations may be behind DraftKings’ last-minute bid to acquire PointsBet USA and derail an already negotiated deal with Fanatics, according to a media report. Block Fanatics from New York Entry DraftKings chief executive officer Jason Robins is determined to “level the score” with Fanatics boss Michael Rubin, still holding a grudge after Rubin […]
Business
June 20, 2023
PointsBet Looks into DraftKings’ Acquisition Proposal
PointsBet Holdings Limited caused a significant upset in the sports betting industry, announcing it would engage with DraftKings regarding the latter’s acquisition proposal. Even though the board urged shareholders to vote in favor of the previous Fanatics deal, this recent news means DraftKings may come out on top. Nothing is Yet Set in Stone PointsBet’s […]
