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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 […]
Casino
June 20, 2023
DraftKings Pays $3.29M in Jackpots in a Single Week
The casino has seen massive payouts go out to some lucky players, setting new records in the process. DraftKings said that two whopping jackpots worth millions of dollars were paid last week alone, putting the grand total of jackpots paid out to players since the company launched its progressive jackpot suite in the Garden State […]
Business
June 16, 2023
DraftKings One-Ups Fanatics in a Bid to Purchase PointsBet USA
Interest in PointsBet’s US division continues to mount as multiple parties expressed interest in acquiring the gaming entertainment company’s regional assets. DraftKings’ recent proposal is substantially higher than the competing offer by Fanatics, increasing its appeal to shareholders. A successful acquisition would bolster DraftKings’ position in the rapidly expanding US sports betting market. The New […]
Legal
May 23, 2023
Recent DraftKings Violation Frustrated the Massachusetts Gaming Commission
The Massachusetts Gaming Commission (MGC) is unhappy with DraftKings’ violations despite the operator’s efforts to remain transparent and follow the rules. After realizing that it unlawfully took unauthorized bets on a tennis event, DraftKings self-reported its breach. Since the company did the right thing by reporting the violation, the MGC has so far refrained from […]
Sports
May 10, 2023
DraftKings Launches Samsung TV Plus’ First FAST Service
Sports technology and media company DraftKings announced today the launch of the first free ad-supported TV (FAST) service on Samsung TV Plus, DraftKings Network. Reaching New Audiences The launch of DraftKings Network on Samsung TV Plus will see DraftKings expand further its presence in sports media, leveraging the reach of Samsung’s streaming TV and video-on-demand […]
Sports
May 8, 2023
HBO Show “Succession” Given Odds on Future of Waystar Royco
No legal betting market would post the odds, but there has been some speculation that Roman Roy played by Kieran Culkin could succeed in the business of his father, Logan. The odds have him at good +250 and the idea to bet on a scripted event is not at all absurd. DraftKings Offers Hypothetical Betting […]
Business
May 5, 2023
DraftKings Enjoys 84% Increase in Revenue for Q1 2023
The leading sports betting operator that has a growing presence within the US regulated gambling market, DraftKings, released its latest trading update, outlining details regarding its performance for the first quarter of 2023. Judging by the recent unaudited figures, the company enjoys a stellar start to 2023 with revenue increasing exponentially on a year-over-year basis. […]
Sports
April 27, 2023
DraftKings Joins the Streaming Game with New Free Video Service
Sports betting company DraftKings Inc. has announced its plans to launch a free streaming video service that will be supported by advertising. DraftKings to Launch Video Podcasts Featuring Trusted Sports Media Personalities DraftKings has revealed that the shows will feature video podcasts that will be sponsored by the company, and they are expected to debut […]
Sports
April 20, 2023
DraftKings and Betfred Take an Interest in Minigolf
The World Putting League was possible thanks to the efforts of data and streaming rights holder Pro League Network (PLN). The company specializes in niche sports, recognizing minigolf’s potential to deliver a thrilling betting experience. Operators DraftKings and Betfred are already on board with comprehensive odds and analyses, benefiting from the seasonal slowdown in high-profile […]
