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Legal
May 23, 2023
Recent DraftKings Violation Frustrated the Massachusetts Gaming Commission
The Massachusetts Gaming Commission (MGC) is unhappy with DraftKings’ violations despite the operator’s efforts to remain transparent and follow the rules. After realizing that it unlawfully took unauthorized bets on a tennis event, DraftKings self-reported its breach. Since the company did the right thing by reporting the violation, the MGC has so far refrained from […]
Sports
May 10, 2023
DraftKings Launches Samsung TV Plus’ First FAST Service
Sports technology and media company DraftKings announced today the launch of the first free ad-supported TV (FAST) service on Samsung TV Plus, DraftKings Network. Reaching New Audiences The launch of DraftKings Network on Samsung TV Plus will see DraftKings expand further its presence in sports media, leveraging the reach of Samsung’s streaming TV and video-on-demand […]
Sports
May 8, 2023
HBO Show “Succession” Given Odds on Future of Waystar Royco
No legal betting market would post the odds, but there has been some speculation that Roman Roy played by Kieran Culkin could succeed in the business of his father, Logan. The odds have him at good +250 and the idea to bet on a scripted event is not at all absurd. DraftKings Offers Hypothetical Betting […]
Business
May 5, 2023
DraftKings Enjoys 84% Increase in Revenue for Q1 2023
The leading sports betting operator that has a growing presence within the US regulated gambling market, DraftKings, released its latest trading update, outlining details regarding its performance for the first quarter of 2023. Judging by the recent unaudited figures, the company enjoys a stellar start to 2023 with revenue increasing exponentially on a year-over-year basis. […]
Sports
April 27, 2023
DraftKings Joins the Streaming Game with New Free Video Service
Sports betting company DraftKings Inc. has announced its plans to launch a free streaming video service that will be supported by advertising. DraftKings to Launch Video Podcasts Featuring Trusted Sports Media Personalities DraftKings has revealed that the shows will feature video podcasts that will be sponsored by the company, and they are expected to debut […]
Sports
April 20, 2023
DraftKings and Betfred Take an Interest in Minigolf
The World Putting League was possible thanks to the efforts of data and streaming rights holder Pro League Network (PLN). The company specializes in niche sports, recognizing minigolf’s potential to deliver a thrilling betting experience. Operators DraftKings and Betfred are already on board with comprehensive odds and analyses, benefiting from the seasonal slowdown in high-profile […]
Sports
April 13, 2023
DraftKings and Hip-Hop Icons Release NBA Playoffs Anthem
Hip-hop icons Rick Ross, Fat Joe, and The LOX have released a new track titled “The Game” just in time for the NBA playoffs. The track, sponsored by DraftKings, is a celebration of basketball culture, incorporating themes of competition and lifestyle elements. DraftKings Releases NBA Playoffs Anthem to Connect with Basketball Fans Major sportsbook DraftKings […]
Business
April 7, 2023
Cathie Wood’s ARK Trims DraftKings Position after Selling Over 294,000 Shares
The issuer of actively managed exchange-traded funds (ETFs) has announced it sold 294,143 shares of the operator in the context of the stock collapsing. This way, Cathie Wood’s ARK Investment Management took part in a wider market sell-off stimulated by the disappointing forecast for jobs in the private sector in the previous month. One of […]
Sports
April 6, 2023
DraftKings Seeks to Expand Betting Markets with Boston Marathon
The upcoming event is set for April 17 and is one of the most popular amateur-and-professional-athletes races. It’s open to everyone who wishes to participate and excites a lot of interest in fans, and maybe soon – sports bettors. Massachusetts to Decide on Boston Marathon Betting Today Now, DraftKings believes that it can turn the […]
Industry
March 31, 2023
Paysafe Enters Massachusetts with Two Strategic Partnerships
Paysafe has taken advantage of its long-lasting relationship with the two high-profile operators to enter a ripe new market. Online sports betting in Massachusetts launched on 10 March, with leading sportsbooks fighting to secure a market share. Caesars and DraftKings understand the importance of a smooth transaction experience, making their partnership with Paysafe a significant […]
