Industry
March 23, 2023
DraftKings Expands Las Vegas Presence via New Office Facility
Sports betting and fantasy sports operator DraftKings opened a new technology hub in Las Vegas, ceremonially cutting the ribbon of the new 90,000-square-foot facility located in the UnCommons district on the southwest valley. Modern Working Environment The new office, DraftKings’ second-largest in the US, features more than 130 dedicated sports trading desks placed in a […]
Blockchain
March 17, 2023
DraftKings Faces Legal Woes as the NFT Market Tanks
DraftKings’ substantial investments into the NFT space have drawn their share of controversy as prices plummet and user interest wanes. The operator also faces a class action lawsuit for allegedly marketing its NFTs as securities without proper registration. DraftKings continues to press on with NFT-based promotions and partnerships and will likely continue to do so […]
Industry
March 14, 2023
DraftKings and Boot Hill Casino Create Ultimate Sports Betting Destination
KWCH reported that the opening of the new DraftKings retail sportsbook at the Boot Hill Casino & Resort in Dodge City, Kansas, marks a significant milestone in the state’s sports betting industry. New Sportsbook at Boot Hill Casino Offers Top-Notch Features for Sports Bettors The Boot Hill Casino’s new sportsbook is a partnership between DraftKings […]
Industry
March 10, 2023
NeoGames’ Pariplay to Launch Content with DraftKings in New Jersey
Provider of iLottery and iGaming solutions NeoGames SA announced today that its subsidiary, Pariplay, signed an agreement with DraftKings to launch content in New Jersey. Starting in New Jersey The new content deal with DraftKings will allow Pariplay to make its mark in the growing North American online casino market, starting in New Jersey and […]
Industry
March 7, 2023
DraftKings Poised to Deliver a Successful Massachusetts Launch
An official press release revealed DraftKings’ plans for the 10 March Massachusetts online sports betting launch. The operator will utilize the next few days to the maximum, focusing on raising awareness of its imminent arrival in the Bay State via commercials and promotional events. Entering a new jurisdiction marks a significant milestone in DraftKings’ expansion […]
Business
February 17, 2023
DraftKings CEO Hails Strong 2022 and Predicts Stronger 2023
In a letter to DraftKings’ shareholders, the CEO and co-founder acknowledged that the company enjoyed a stellar 2022. He pointed out that for the fiscal year 2022, DraftKings’ revenue hit $2.2 billion. This result represented a significant 73% year-over-year increase. What’s more, the revenue result even surpassed the expectations of $1.85 billion to $2 billion […]
Casino
February 6, 2023
PlayAGS to Deliver High-Performing Slots for DraftKings
Supplier of online casino content PlayAGS announced another game content partnership with a high-profile US gaming operator, DraftKings, to continue to expand its presence in the North American iGaming market. Turbocharge DraftKings Casino’s Operations The new content deal with Boston-based DraftKings will see PlayAGS deliver a portfolio of over 20 proprietary slot titles to help […]
Business
February 2, 2023
DraftKings Lays Off 3.5% of Its Global Workforce
DraftKings has joined FedEx and Rivian Automotive in announcing job cuts, aligning with a growing trend among US corporations. The company announced the move aims to boost efficiency and will affect about 140 jobs. A Major Portion of the Job Cuts Are in Europe, Asia, and the Middle East The majority of the impacted positions […]
Industry
February 1, 2023
FanDuel and DraftKings Call for Lower Tax Rates on GGR in New York
The Auburn Citizen reported that at a recent legislative hearing the CEOs of the two operators, have urged lawmakers to reduce the 51% tax on gross gaming revenue (GGR) as it is the highest among states that have legalized mobile sports betting. DraftKings and FanDuel Warn of 10-20% Drop in Sports Betting Handle In the […]
Industry
January 31, 2023
Bragg Gaming Group Powers DraftKings NJ with Content
Bragg Gaming Group, a content-driven iGaming technology provider, announced the launch of its content and technology in the state of New Jersey through its agreement with the gambling giant DraftKings. Bragg Gaming Supplies DraftKings’ NJ Operations with Games As agreed by the two companies, Bragg will roll out some of its best gambling titles in […]
