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Industry
July 29, 2025
DraftKings’ Latest Social Media Number Game Proves a Success
Operators are constantly seeking new ways to engage players, often resorting to expensive marketing campaigns and tempting promotions. DraftKings’ latest campaign on X has now amassed over a million views and thousands of comments, despite not mentioning a prize. Thousands of Players Joined the Game Unlike more elaborate campaigns with strict rules and clearly defined […]
Industry
July 29, 2025
Massachusetts Fines DraftKings over Credit Card Violations
The Massachusetts Gaming Commission (MGC) has slammed DraftKings with a fine for multiple violations of the state’s gambling rules. According to the regulator, the gambling company repeatedly allowed its players to fuel their sports betting accounts via credit cards. DraftKings Had Failed to Prevent Users from Betting with Credit Cards The MGC understood that, between […]
Industry
July 25, 2025
Drive by DraftKings to Invest More in Real-Money Gaming
Venture capital firm Drive by DraftKings has announced its intention to intensify its focus on real-money gaming (RMG) with the launch of its second fund, highlighting the sector’s rapid growth and its transformative impact on user engagement with entertainment. Drive by DraftKings to Double Down on the Evolving RMG Market Drive’s confidence comes at a […]
Legal
July 17, 2025
DraftKings Settles Problem Gambling Lawsuit in New Jersey
Leading gaming and betting operator DraftKings has settled a problem gambling-related lawsuit in New Jersey. The case in question related to a customer who was allowed and encouraged to play despite exhibiting signs of harm. Compulsive Gambler Misused His Family’s Savings The original lawsuit was filed last year by the problem player’s wife, Lisa D’Alessandro. […]
Business
July 15, 2025
DraftKings In Strong Financial Position to Gain, Says Morgan Stanley
Morgan Stanley has issued a new assessment of DraftKings’ business, arguing that the sports betting company, which is supposedly making overtures for Railbird, a prediction market platform, is set to far surpass its $225m EBITDA in Q2 2025. DraftKings’ EBITDA Forecasts Stronger Than Expected This figure is already higher than DraftKings’ own guidance set at […]
Business
July 15, 2025
DraftKings Eyeing Prediction Market Platform Railbird
DraftKings has been trying to get skin in the prediction market game for a long while now. The company has attempted to launch a proprietary platform, DraftKings Predict, which registered with the National Futures Association (NFA), but there has been little to expand on this after the fact, not least because the company’s registration with […]
Sports
June 23, 2025
DraftKings Launches Its Own PAC to Further Industry Causes
DraftKings, one of arguably two dominant sports betting companies in the United States, has filed with the Federal Election Commission (FEC), seeking permission to launch its political action committee (PAC), the firm’s first. DraftKings Files the Paperwork to Form Its PAC According to the Form 1 filing submitted to the FEC, the company is seeking […]
Sports
June 20, 2025
DraftKings Remains Wary as Prediction Markets Gain Popularity
DraftKings is taking a careful approach to joining the growing field of prediction markets, despite the increasing popularity of these platforms across the US. DraftKings Adopts Measured Approach to Emerging Prediction Markets David Katz, an analyst at Jefferies, talked with company leaders at an investment conference in New York. He reports that DraftKings does not […]
Sports
June 19, 2025
DraftKings CEO Blasts Illinois Betting Tax as Harmful
DraftKings chief executive officer Jason Robins has once again criticized Illinois’ new sports betting tax, calling it “incredibly ill-conceived” and warning that it could hurt both the industry and consumers. “It Just Makes No Sense” In a candid interview with CNBC, Robins said the sudden implementation of the tax blindsided operators and will likely force […]
Sports
June 18, 2025
DraftKings and Underdog Jump Ahead in Missouri’s Sports Betting Launch
Missouri plans to introduce legal sports betting this year, and DraftKings and Underdog have gotten a head start by being the first to apply for mobile sports betting licenses. The Missouri Gaming Commission (MGC) stated that these two companies were the only ones to submit applications by mid-June. Sports Betting Goes Live in Missouri December […]
