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Industry
July 1, 2022
AGCO issues CAD$100,000 Fine to DraftKings in Ontario, Canada
The Alcohol and Gaming Commission of Ontario has issued a new penalty to the tune of CAD100,000 targeting DraftKings. The company received a Notice of Monetary Penalty, the standard document used to notify operators about breaches of the existing gambling law, on Thursday. DraftKings Latest Company to Be Fined over Gambling Shortcomings The notice listed […]
Industry
June 28, 2022
Roe vs Wade Prompts DraftKings to Issue $10,000 Benefits Package
DraftKings, a US-based sports betting giant with a global reach, has become the latest industry company to respond by condemning the decision of the US Supreme Court to overturn the Roe vs Wade decision which effectively prohibited individual states from banning abortions en masse. With the decision overturned, though, many conservative states across the United […]
Casino
June 24, 2022
DraftKings Adds Live Dealer Casino Games in West Virginia
Sports gambling company DraftKings announced today its online casino offering in West Virginia has expanded effective Friday, June 24, 2022, offering players in the state more iGaming products including live dealer games. Live Dealer Games, Shared Multiplayer Environment The addition of live dealer casino games will offer DraftKings’ players in West Virginia to compete against […]
Industry
June 14, 2022
DraftKings and BetBlocker Team to Promote Safe Play
DraftKings, a major casino, sports betting and daily fantasy company, has inked a partnership with BetBlocker, a leading responsible gaming charity. As the charity’s partner, the operator will promote its proven solution and urge problem bettors to seek help. DraftKings to Promote BetBlocker’s Software DraftKings has committed to propagating safer gambling and will spread awareness […]
Blockchain
June 11, 2022
DraftKings and UFC Announce Reignmakers UFC NFT Game
Sports gambling and technology company DraftKings and the Ultimate Fighting Championship (UFC) announced today their plans to launch a UFC-focused iteration of DraftKings’ “Reignmakers.” Expanding Partnership into Blockchain The new iteration of gamified digital collectibles with a focus on UFC will offer fans of the professional fight league to collect their favorite UFC fighters and […]
Business
June 7, 2022
DraftKings CEO Talks California, Illegal Sports Gambling, and Costs of Acquisition
DraftKings CEO Jason Robins is bullish on what his company can achieve. Commenting during the Goldman Sachs Travel and Leisure Conference the executive exuded confidence that DraftKings is on the right track and that the company will continue to expand in the regulated sports betting space. Illegal Gambling Still Has Sway with the US Bettor […]
Industry
June 1, 2022
DraftKings’ SVP Jeffrey Haas Stepped Down for Pastures New
Jeffrey Haas, DraftKings’ Senior Vice President (SVP) of International Strategy, announced in a statement on LinkedIn that he would be leaving the company after almost seven years. Seven Years of ‘Continual Education’ Haas joined Boston-based sports gambling operator DraftKings in August 2015 in the role of Chief International Officer and remained in the position until […]
Industry
May 30, 2022
High 5 Games Signs a Multi-Market Deal with DraftKings
DraftKings, a gambling, sports betting and daily fantasy company, has signed a deal with High 5 Games, the industry’s largest independent casino games provider. As per the deal, the latter will power DraftKings with its proprietary suite of casino games. High 5 to Power DraftKings with Games The partnership will cover multiple jurisdictions. It allow […]
Business
May 27, 2022
California Gambling Reform May Help Prop Up DraftKings’ Falling Stock
It has been rough going for online betting operator DraftKings. The company’s stock continues to lose value despite recent good news and outstanding growth prospects. Its earnings call on May 6 scored significantly better than the Nasdaq consensus estimate, and with the continued efforts to legalize sports gambling across the entire US, long-term prospects are […]
Sports
May 26, 2022
DraftKings CEO Jason Robins Talks Crypto Sports Betting
DraftKings CEO Jason Robinson is confident that cryptocurrencies will play a more prominent role in the sports betting and gaming ecosystem. In fact, DraftKings has not waited for events to catch up to it and is already blazing a trail with its dedicated DraftKings Marketplace which is centered around non-fungible tokens (NFTs). Cryptocurrency Betting Coming […]
