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Gambling News - 'Draftkings'
Business
February 2, 2023
DraftKings Lays Off 3.5% of Its Global Workforce
DraftKings has joined FedEx and Rivian Automotive in announcing job cuts, aligning with a growing trend among US corporations. The company announced the move aims to boost efficiency and will affect about 140 jobs. A Major Portion of the Job Cuts Are in Europe, Asia, and the Middle East The majority of the impacted positions […]
Industry
February 1, 2023
FanDuel and DraftKings Call for Lower Tax Rates on GGR in New York
The Auburn Citizen reported that at a recent legislative hearing the CEOs of the two operators, have urged lawmakers to reduce the 51% tax on gross gaming revenue (GGR) as it is the highest among states that have legalized mobile sports betting. DraftKings and FanDuel Warn of 10-20% Drop in Sports Betting Handle In the […]
Industry
January 31, 2023
Bragg Gaming Group Powers DraftKings NJ with Content
Bragg Gaming Group, a content-driven iGaming technology provider, announced the launch of its content and technology in the state of New Jersey through its agreement with the gambling giant DraftKings. Bragg Gaming Supplies DraftKings’ NJ Operations with Games As agreed by the two companies, Bragg will roll out some of its best gambling titles in […]

Industry
January 26, 2023
DraftKings Boosts Responsible Gaming Efforts via Gamres Deal
Announced Wednesday, the new deal will see DraftKings deliver Gamres’ Positive Play Scale for a number of its US customers. The Positive Play Scale is the first-of-its-kind standardized scale that can measure RG behaviors and beliefs among online customers. This collaboration further boosts DraftKings’ RG plan and efforts toward safer gambling. The Scale itself was […]

Sports
January 18, 2023
DraftKings to Withdraw DFS Offering from Four EU Markets
The US daily fantasy sports contest and sports betting company has made the decision to withdraw its daily fantasy sports (DFS) offering from four big markets on the European continent. The list includes Malta, Germany, Ireland, and Austria, where the company’s DFS operations will be officially shut down starting January 22. Customers Will Not Be […]

Industry
January 6, 2023
OCCC Slapped DraftKings, Caesars, BetMGM with $150K Fines
The Ohio Casino Control Commission (OCCC) slapped three sportsbooks with a $150,000 fine each for violating the advertising rules related to sports gambling to send a clear message to the industry that it needs to abide by the rules. Compliance to Be Enforced The state’s regulator took administrative action against BetMGM Sportsbook, Caesars Sportbook and […]

Business
January 3, 2023
Ohio Regulator Claims DraftKings Breached Advertising Rules
On Friday, the Ohio Casino Control Commission (OCCC), the regulatory body in charge of gambling activities in the state, announced that it plans to take administrative action against DraftKings. DraftKings May Be Subject to a $350K Fine The regulator claimed that the sports betting operator breached the state’s sports gaming advertising rules. A statement released […]
Casino
December 1, 2022
DWG Signs Michigan Content Deal with DraftKings
Design Works Gaming (DWG) has launched its full portfolio of games in Michigan through a link-up with DraftKings. DraftKings is a prominent sportsbook and casino in the United States, which has been expanding its reach in the iGaming sector. This marks the latest iGaming partner the supplier has secured in the Great Lakes State after […]
Industry
November 29, 2022
DraftKings to Launch DK HORSE Powered by CDI’s TwinSpires
A multi-year agreement between DraftKings and Churchill Downs Incorporated (CDI) is set to bring pari-mutuel wagering on horse racing to the Boston-based gaming operator, both companies announced today. Pari-Mutuel Horse Wagering App The agreement with CDI will see CDI’s subsidiary and supplier of online horse racing wagering platform, TwinSpires, provide advance deposit wagering (ADW) technology […]
Business
November 22, 2022
DraftKings Shares Fall Following Hack Attack on Customer Accounts
DraftKings shares tumbled down almost 11% after the company announced on Twitter on November 21 that customer accounts were hacked and funds were withdrawn from them. DraftKings Accounts Hack Attack Affected Less Than $300,000 Customer Funds The DraftKings statement, which the company posted on Twitter on Monday, highlights that it is a question of not […]