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Sports
September 2, 2021
Wyoming Approves BetMGM, DraftKings, Genius Sports for Launch
After Wyoming presented an ambitious plan for quick sports betting legalization, operators are now arriving in droves. With early permit submissions beginning in July, the state is rapidly sorting through the reams of papers, awarding licenses to deserving and proven operators, with BetMGM, DraftKings and Genius Sports all securing an official go-ahead to set up shop […]
Industry
August 30, 2021
ESPN Looks for $3B in Sports Betting Deal
ESPN is actively seeking to enter the sports betting space by selling its brand to sportsbook operators, a report in The Wall Street Journal speculates. ESPN Naming Rights Valued at $3 Billion ESPN, the sports media giant owned by Walt Disney, held talks with major operators DraftKings and Caesars Entertainment, looking to license its brand […]
Sports
August 30, 2021
Oregon Lottery Commission Approves Switch to DraftKings
The Oregon Lottery Commission has given the green light to replace the existing SBTech platform with DraftKings’ dedicated sportsbook. As a result, moving forward, the Oregon Lottery will use a sports betting experience that is predicated on DraftKings’ best practices across the United States. However, before the implementation may be completed, there will be a waiting period […]
Industry
August 24, 2021
DraftKings Introduces Real-Time Micro-Betting via Simplebet
Leading daily fantasy sports and sportsbook operator DraftKings announced a multi-year agreement with Simplebet to launch real-money micro-betting across its sportsbook platforms. We’re excited to be working with Simplebet to change the in-game betting experience for our customers and, together, changing the way sports fans engage with their favorite sports.” Paul Liberman, President, Global Product […]
Sports
August 19, 2021
DraftKings Becomes Sports Betting Partner of the NFL’s Ravens
The NFL’s Baltimore Ravens and DraftKings inked a deal on Wednesday. Under the partnership, DraftKings became the team’s Official Sports Betting and Official Daily Fantasy Sports Partner. DraftKings Inks Partnership with the Baltimore Ravens American daily fantasy sports (DFS) contest and sports betting operator DraftKings announced a new deal on Wednesday with the Baltimore Ravens. […]
Business
August 11, 2021
Jason Robins Says DraftKings Wants to Be Like Amazon
DraftKings CEO Jason Robins wants to follow Amazon’s example and create a company that transcends its original goal and purpose. Robins Talks about DraftKings Long-Term Goals as Company DraftKings CEO Jason Robins is the latest big gambling company executive who spoke with Varney & Co on Tuesday. Hosted by FOX Business’ Stuart Varney, the podcast dug into what […]
Legal
August 11, 2021
Draftkings’ Golden Nugget Purchase under Legal Scrutiny
A law firm will look into how Golden Nugget Online Gaming’s Board of Directors handled the company sale to DraftKings. Law Firm to Seek Whether Fiduciary Duties Have Been Met Just a day after DraftKings announced that it would acquire Golden Nugget Online Gaming (GNOG) in an all-stock deal valued at $1.56 billion, the law office of Brodsky & […]
Blockchain
August 11, 2021
DraftKings Marketplace to Drop First NFT Collectibles Today
DraftKings is launching its first NFT collectibles today to get in on the digital sports paraphernalia craze, and this first first features mega-NFL superstar Tom Brady. Changing the Rules of Fan Engagement DraftKings is going to drop its first NFT (non-fungible token) collectibles developed in partnership with Tom Brady’s Autograph.io today. The sports betting company announced in July […]
Business
August 9, 2021
DraftKings to Acquire Golden Nugget Online in $1.56B Deal
Daily fantasy and sports betting operator DraftKings announced today it entered into a definitive agreement to acquire Golden Nugget Online Gaming (GNOG) in an all-stock transaction. All-Stock Transaction Holding an implied equity value of approximately $1.56 billion, the acquisition of the online gaming arm of Tillman Fertitta’s Golden Nugget will enable the Boston-based gambling brand […]
Legal
August 9, 2021
SEC Investigating DraftKings over SBTech Acquisition
When known short-seller Hindenburg Research blasted DraftKings in June over its acquisition of SBTech, a certain amount of fallout was expected. It doesn’t take long before a few overzealous shareholders went on the offensive and sued the sports betting and fantasy sports giant, but the troubles don’t stop there. DraftKings is now under investigation by […]