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Blockchain
June 10, 2021
DraftKings’ CEO Says Regulation Only Deterrent to Crypto Adoption
Cryptocurrencies are a viable payment option for DraftKings, argues chief executive Jason Robins, but lack of regulatory clarity prevents their adoption. DraftKings CEO Talks Crypto Implementation DraftKings has long been looking to implement cryptocurrencies as a viable payment method, company chief executive Jason Robins said, but the lack of regulatory clarity has been a deterrent against their mass […]
Business
June 3, 2021
Morgan Stanley Response to DraftKings’ Compensation Plan Causes Stock Dip
DraftKings’ stock suffered a significant blow yesterday, losing 35% in a matter of a few hours. When an analyst with financial giant Morgan Stanley provided his take on the sports gambling and gaming company’s status and showed concerns over its equity-based compensation plan, the stock dipped, but only for a short time. By the end […]
Legal
May 31, 2021
DraftKings Subpoenaed by US Authorities Investigating New York Lobbyist’s Circle
A lobbyist in New York with ties to the gaming industry is under scrutiny by federal regulators. The office of the US attorney in the Southern District of New York, through its public corruption unit, is reportedly investigating Patrick Jenkins, according to the New York Times (NYT), but hasn’t provided any specific details regarding the […]
Industry
May 24, 2021
DraftKings Funds Responsible Gaming Research in Sports Betting
Leading US daily fantasy and sports betting brand DraftKings announced a new initiative in the responsible gaming space after an agreement to provide the International Center for Responsible Gaming (ICRG) with financial support. Science-Backed Responsible Gaming Research DraftKings’ commitment to ICRG’s Fund to Support Research on Sports Wagering will allow the fund to approach researchers […]
Sports
May 21, 2021
DraftKings Joins Bubba Wallace’s NASCAR Team
23XI Racing has teamed up with DraftKings as an official betting, gaming, and fantasy sports partner ahead of the EchoPark Automotive Texas Grand Prix this weekend. Bubba Wallace’s Team Adds DraftKings as Partner DraftKings has teamed up with Bubba Wallace’s team becoming the first official DFS, iGaming, and sports betting partner for 23XI Racing. The move […]
Business
May 4, 2021
If Analysts Are Correct, DraftKings Is Going to See Its Stock Continue to Rise
When DraftKings first went public, it was a major success, attracting a lot of attention from investors as the sports gambling industry in the US began to grow. Things slowed down somewhat afterward, although the sports gambling and fantasy sports operator has seen some impressive gains, as well. With 2020 in the rear-view mirror and […]
Business
April 28, 2021
DraftKings Inks Content and Distribution Deal with Meadowlark Media
DraftKings and Meadowlark Media signed a new partnership agreement on Tuesday this week. Under the partnership, both DraftKings and Meadowlark will distribute The Dan Le Batard Show with Stugotz and The Le Batard & Friends Network across multiple media channels. DraftKings Inks First-of-Its-Kind Deal with Meadowlark Media The daily fantasy sports contest and sports […]
Business
April 23, 2021
Sling TV and DraftKings Launch Exclusive Sports Betting Channel
Sling TV together with DraftKings launched a new exclusive sports betting information channel. A New Sports Betting Information Channel The leading live TV streaming service, Sling TV, announced on Thursday that it launched a new exclusive sports betting information channel together with DraftKings. In collaboration with the sportsbook operator, Sling TV will also launch DraftKings […]
Industry
April 21, 2021
DraftKings Appoints Gisele Bündchen as Special ESG Advisor
Leading US daily fantasy and sportsbook brand DraftKings announced today Gisele Bündchen, a former fashion model and current environmental activist and philanthropist, was appointed as a special advisor to the company’s CEO and Board of Directors. Impact Will Be Immediate and Far-Reaching New ESG advisor Gisele Bündchen will collaborate with DraftKings on its commitments to […]
Sports
April 20, 2021
DraftKings Named PFL’s Official Sportsbook & Daily Fantasy Partner
DraftKings and the Professional Fighters League (PFL) entered into a multi-year partnership under which the Boston-based gaming brand was designated the Official Sportsbook and Daily Fantasy Partner of the league. “We are excited to further our relationship with the Professional Fighters League as their first official betting and daily fantasy partner.” Ezra Kucharz, Chief Business […]