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Sports
December 23, 2024
DraftKings Seeks Full Five-Year Sports Betting License in Massachusetts
DraftKings has taken its first step toward securing a full five-year sports betting license in Massachusetts. The Massachusetts Gaming Commission (MGC) held an adjudicatory hearing lasting more than five hours, evaluating the company’s suitability and potential compliance challenges. Additional talks in February 2025 should help answer any lingering questions and allow DraftKings to proceed with […]
Business
December 20, 2024
FanDuel Reclaims Dominance in US iGaming for November
There are currently two betting and gaming companies in the United States that dominate the iGaming and sports betting vertical. That’s the case of DraftKings and FanDuel with each competing not only against other rivals but against each other. On the heels of a recently requested antitrust investigation into the duo, an expert analyst highlighted […]
Legal
December 17, 2024
Unhappy Client Takes DraftKings to Court over Data-Sharing Violation
A DraftKings client has filed a lawsuit against the company, alleging that the American operator committed severe data violations. According to the plaintiff, the gambling company unlawfully provided data regarding his behavior on social media to Facebook. DraftKings Transferred Data Without Its Customers’ Consent According to the class action, which was filed on Friday in […]
Legal
December 9, 2024
DraftKings Faces Lawsuit Over Alleged Exploitation of Problem Gambler
DraftKings now faces a legal challenge from Lisa D’Alessandro, whose estranged husband, a resident of New Jersey, gambled away close to $1 million of their family’s money on the platform. Wife Claims DraftKings VIP Program Fueled Husband’s $15M Betting Spiral The legal action alleges that the company played a role in fueling her husband’s gambling […]
Industry
December 9, 2024
Senators Demand Antitrust Investigation into FanDuel and DraftKings
Two US senators, Mike Lee (R-Utah) and Peter Welch (D-Vt.), have asked federal regulators to look into possible antitrust rule-breaking by top online sports betting sites FanDuel and DraftKings. Lawmakers Urge FTC and DOJ to Investigate Potential Collusion Between FanDuel and DraftKings The lawmakers sent a letter on December 5 to the Federal Trade Commission […]
Sports
December 4, 2024
DraftKings CEO Highlights Dominance and Future of US Online Sports Betting
DraftKings CEO Jason Robins feels sure his company together with FanDuel, will keep their top spots in the US online sports betting market. At Craig-Hallum’s 4th Annual Online Gaming Conference, Robins talked about the industry’s problems and changes while stressing DraftKings’ toughness and long-term plans. Robins Discusses Upstart Brands and the Resilience of DraftKings and […]
Industry
December 3, 2024
DraftKings CEO Robins Predicts US iGaming Expansion in 2025
Unlike sports betting, which is available in close to 40 US states, online gambling is legal only in seven states. With iGaming available in major markets such as Michigan, New Jersey and Pennsylvania, among others, the legalization of the activity is expected to pick up speed in more states, a recognizable gaming executive predicted recently. […]
Industry
November 21, 2024
Ohio Penalizes DraftKings for Accepting Prohibited Wagers and Payment Methods
Ohio was among the states that banned college player prop betting amid integrity and harassment concerns. Despite the recent prohibition, DraftKings seems to have offered such products past the prohibition date, incurring a six-figure penalty. DraftKings Was Penalized for Accepting College Player Prop Bets On Wednesday, the Ohio Casino Control Commission approved a settlement […]
Industry
November 18, 2024
Texas Betting Effort to Gain Momentum with DraftKings Lobbying
Texas, the second-largest US state in terms of population, currently offers limited forms of gambling. With several horse racetracks, casinos operated by Native American Tribes and a lottery, the state doesn’t offer a lot of gambling options. Still, efforts toward the expansion of the activity with the legalization of Las Vegas-style casino gambling and sports […]
Business
November 11, 2024
DraftKings Considers Political Betting in the Wake of the Election
The US presidential elections are now over, cementing Trump’s return to the White House. Sports betting giant DraftKings is already looking far ahead, eyeing political betting opportunities for the next election. A Very Different Framework In a conference call, the company’s chief executive officer, Jason Robins, acknowledged the intense political betting activity. He called non-sports […]