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Industry
March 22, 2024
DraftKings Provides Treatment to Online Players in 25 States
DraftKings announced an expansion of its partnership with Kindbridge Behavioral Health, an organization specializing in problem gambling treatment. Under the deal, the latter firm will offer therapy and treatment in every jurisdiction where DraftKings’ online sports betting and iGaming products are available. The expansion of DraftKings’ relationship with Kindbridge comes less than a year since […]
Business
March 22, 2024
Rush Street Reportedly Eyes Sale, Reaches Out to DraftKings
Rush Street Interactive, one of the gaming groups in North America, is reportedly considering a potential sale amid a strategic review of its business. Anonymous sources also told Bloomberg that the operator has contacted a number of influential companies who could be potential buyers, including DraftKings. Rush Street, through its numerous brands, offers casino gaming […]
Business
March 19, 2024
DraftKings Strengthens Team with Major Internal Promotions
DraftKings announced two internal promotions, naming Jason Park and Alan Ellingson as chief transformation officer and chief financial officer, respectively. According to the company, Park, currently serving as CFO, will vacate the role to instead oversee the company’s transformational efforts. The newly created role will see him “lead initiatives to deploy cutting-edge technologies to capture […]
Legal
March 19, 2024
DraftKings Escalates Prosecution against Former VIP Head
DraftKings, the prominent online sports betting giant, has intensified its legal battle against Michael Hermalyn, the former head of its VIP program, with fresh accusations of corporate espionage. The allegations come in response to Hermalyn’s recent appointment as the president of the VIP division at Fanatics. Hermalyn allegedly misappropriated trade secrets during his time with […]
Sports
March 18, 2024
DraftKings Rolls Out Retail Betting at Wrigley Field
Currently, DraftKings is a leading betting and gaming operator with a strong presence across the United States. Besides offering mobile betting in many states, the company has a presence via retail betting outlets as well, promising exceptional viewing and betting experiences. Only recently, DraftKings opened the doors of its latest retail sportsbook located at Wrigley […]
Industry
March 14, 2024
DraftKings Launches My Stat Sheet Tool for Responsible Gaming
Earlier in the week, DraftKings’ chief executive officer, Jason Robins, spoke about the still untapped potential of iGaming, hinting that the online casino sector is more prone to innovation than sports betting. Now, the digital sports entertainment and gaming company has announced the launch of My Stat Sheet, a brand-new feature that would offer access […]
Industry
March 12, 2024
AI Technology Is a “Friend” to DraftKings, CEO Says
DraftKings’ chief executive officer, Jason Robins, commented on the untapped potential of iGaming, suggesting that the online casino sector has more room for innovation than sports betting. Speaking at the Technology, Media and Telecom Conference, Robins provided an insight into his company’s iGaming ambitions. Robins noted that his team is currently investing in proprietary live […]
Sports
March 11, 2024
Comcast Enhances Xfinity X1 with Sports Betting Features
Comcast has announced its expansion into interactive experiences via a new collaboration. The company teamed up with DraftKings to deliver live odds to Xfinity X1. Customers of the platform will be able to enjoy Xfinity Odds Zone, delivering odds from the leading betting and gaming operator directly on TV, while enjoying live sports events and […]
Business
March 6, 2024
FanDuel Grabs Top Spot in Recent Eilers & Krejcik Gaming Report
In a LinkedIn post shared by Chris Krafcik, Managing Director at Eilers & Krejcik Gaming, LLC, FanDuel seems to have one-upped its opponent in the fourth quarter of 2023. FanDuel’s momentum is owing to significant presence and resilience in both casino and sports betting markets, as well as online gambling in general, although the company […]
Business
February 27, 2024
DraftKings’ Resilience Shines Amidst Market Challenges, Signals Growth
In the midst of recent market fluctuations, DraftKings Inc appears to be garnering significant attention from investors eyeing potential opportunities. Despite experiencing a 9.56% decline over the past week, DraftKings stock has remained resilient, prompting experts to consider the current scenario as a potential buying opportunity. DraftKings Rides the Market Fluctuations and Positions Itself for […]