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Gambling News - 'Draftkings'
Sports
November 15, 2023
DraftKings Unveils “Progressive Parlay,” Targeting the Fantasy Gaming Market
At DraftKings’ Investor Day, the renowned sports betting platform announced a game-changing betting product called “Progressive Parlay.” This new offering mirrors the style and functionality of apps from smaller fantasy gaming operators, hoping to attract some of their growing user bases. Companies like PrizePicks and Underdog Fantasy have faced increasing pressure from industry leaders who […]
Business
November 9, 2023
DraftKings Contemplated 888 Holdings Takeover, Report Says
American sports betting giant DraftKings had considered a takeover of 888 Holdings amid the struggles experienced by the latter company. While the former company has not yet approached 888 with a takeover proposal, it mulled over the possibility and discussed the matter with 888 shareholders. According to a report by the Financial Times, DraftKings considered […]
Industry
November 8, 2023
DraftKings Enjoys a Stellar Launch during Maine’s First Weekend of Regulated Sports Betting
While DraftKings was the last operator to secure one of the coveted Maine sports betting market slots, its first weekend online was wildly successful, netting it over $3.4 million in profits. Such results are not uncommon for high-profile launches and should help the operator secure a substantial market share against competitors like Caesars. The Operator’s […]
Business
November 3, 2023
DraftKings’ Q3 Results and Improved Guidance Highlight the Success of Its Strategy
DraftKings has published its Q3 2023 results, updating its guidance thanks to its strong performance. The American betting company posted revenue of $790 million for the period – a figure that represents a staggering 57% year-on-year increase from the $502 million recorded in 2022. In the wake of this strong figure, DraftKings raised its FY […]
Sports
November 1, 2023
DraftKings App to Launch in Maine Via Passamaquoddy Tribe
The only US-based sports betting operator integrated vertically, DraftKings Inc., has revealed its plans to launch an online sports wagering app in Maine through a new deal with the Passamaquoddy Tribe, a federally recognized Indian Tribe based in Washington County, Maine. Maine, Ready to Officially Open the Market The two parties have reached an agreement […]

Industry
October 12, 2023
DraftKings Sees Women’s Sports and Live Wagering as Key Growth Drivers
The US sports betting industry is on the cusp of significant growth, with emerging opportunities tied to women’s sports and live wagering. Jason Robins, co-founder and CEO of DraftKings, made these observations during his keynote address at the Global Gaming Expo (G2E) in Las Vegas. He discussed how evolving customer interests and technology advancements shape […]

Industry
October 2, 2023
Thomas Winter Exits DraftKings, Reminisces about GNOG’s Rise to Prominence
Thomas Winter, DraftKings North America’s general manager, announced his departure from the company, citing the need for more personal time as the reason. Having founded Golden Nugget Online Gaming (GNOG), now owned by DraftKings, Winter has had a lot of good years as a key player in the gambling industry. After leading GNOG for a […]

Sports
September 19, 2023
DraftKings Files Trademark Application for New DFS Game
DraftKings is currently at the helm of the sports betting sector across the United States. As a leading sports betting brand, it also offers online daily fantasy sports (DFS) in nearly two dozen states. While DraftKings has a strong presence in this vertical, it is likely to continue its expansion, considering it filed a trademark […]

Business
September 12, 2023
DraftKings Apologizes for Parlay Bet Referencing the 9/11 Terror Attacks
American gambling giant DraftKings has apologized for a September 11 promotion many believed to be insensitive. The promotion saw the gambling company incentivize people to bet by referencing the notorious terror attacks from 2001. The controversial promotion was launched on the 22nd anniversary of the terrible attacks that killed almost 3,000 people. Titled “Never Forget,” […]
Casino
September 12, 2023
Hacksaw Continues US Push with DraftKings in West Virginia
Hacksaw Gaming, the provider of distinct quality games for the online gambling sector, strengthened its presence in the United States thanks to a new collaboration. Joining forces with the renowned betting and gaming operator, DraftKings, the iGaming content provider expanded the reach of its titles to customers in West Virginia. The new collaboration designated DraftKings […]