Boston-based daily fantasy and sports book operator DraftKings announced it launched a stand-alone casino app in New Jersey. The company which recently completed a three-way merger with technology provider SBTech started leveraging its in-house technology to develop its new casino app and create a more holistic product suite paired with dynamic experience for gamers. The […]
Sports betting platforms DraftKings and BetMakers are continuing their expansion in the US by offering new shares to raise additional capital. Some 33 Million Shares to Be Sold by DraftKings as Companies Aim at US Expansion Announced yesterday, June 16, the sports betting operator DraftKings shared its intention to initiate a public offering, launching 33 […]
The Iowa Racing and Gaming Commission (IRGC) voted unanimously for the approval of betting on esports in the state, but only through contests. The regulator granted the request from DraftKings to allow state residents to participate in the daily fantasy esports competitions via its website. IRGC Approved Esports Contests During the meeting at Grand Falls […]
Daily fantasy and sports book operator DraftKings announced today it entered into a partnership deal with Bay Mills Resort & Casino, to bring its mobile sports book app to sports fans across Michigan. Subject to the receipt of all applicable licenses and approvals, the Wolverine State is about to become the 8th, featuring the presence […]
DraftKings is actively exploring ways to go around the time-out period legislators in Illinois imposed on it last year, when state legislature passed SB690 to legalize sports betting. An update on the website of the Illinois Gaming Board, the state gambling regulator, shows a certain company, Crown IL Gaming LLC, owned by Boston-based DraftKings, has […]
DraftKings makes another successful move as, under a new partnership, Bundesliga games can now be streamed via the company’s betting application. The return of the Bundesliga saw millions of viewers tune in to watch worldwide. DraftKings Ties up Agreement to Stream Bundesliga Soccer Games Exciting news for Bundesliga fans as league matches will be available […]
According to DraftKings CEO Jason Robins, “pent-up” demand for sports has pushed many people to try alternative sports betting markets. Unfulfilled Demand for Sports Pushes Fans into Other Betting Markets DraftKings CEO Jason Robins spoke to CNBC’s Jim Cramer on Friday, providing another update on the sports betting industry and particularly the uptick in demand […]
DraftKings issued today its first quarter financial results after the tie-up with SBTech, posting $113.4 million in revenue and a net loss of $74 million. Despite worse than expected, these results did not affect buying appetite of investors, with DraftKings shares up more than 10% at one stage during the trading day. First Quarter Revenue […]
DraftKings Inc, the recently listed on the NASDAQ sports betting and online gambling company, has some high-profile names among its shareholders. Besides The Walt Disney Company that ended up as a passive investor into the fantasy sports and sports book provider through the acquisition of Fox Sports, it turns out Quantum Partners, the investment vehicle […]
A number of sports betting and gambling industry experts discussed whether obscure sports would continue to generate traffic and interest once all sports are back to normal. Traditional Sports Postponed, Interest Grows Towards Less Popular Tournaments In an article published by CDC Gaming, a number of key gambling personalities have talked about the validity of […]
