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Sports
November 3, 2021
DraftKings Becomes iHeartMedia’s Official Odds Supplier
Leading digital sports and entertainment operator DraftKings entered today into a new partnership deal in the media space that will further boost its presence across sports audiences by becoming the official odds supplier of number one US audio sports programming iHeartMedia. Amplify US Reach The multi-year strategic partnership deal between Boston-based DraftKings and Texas-headquartered iHeartMedia […]
Business
October 26, 2021
DraftKings Decides to Withdraw From the $22 Billion Entain Takeover
DraftKings officially called it quits on the process of acquiring Entain today, after publicly acknowledging its interest in the purchase earlier this year. Officials of the company have stated that after a long analysis and discussion with the board of directors of Entain, a decision not to make an offer was made. The CEO, Co-Founder […]
Sports
October 21, 2021
NBA Reportedly Seeking to Attract More Betting Giants for Rights Deal
The National Basketball Association (NBA) finds itself courted by sports betting giants DraftKings, FanDuel, and Caesars Sportsbooks as the association’s media rights will be up for early grabs in 2022 and several new parties may be joining as owners in 2025 when the deal is officially going to take effect. With sports betting heavyweights focusing […]
Business
October 20, 2021
Entain Gives DraftKings More Time to Provide Definitive Offer
DraftKings has been busy this year, seeking out new acquisitions that would allow it to grow its online sportsbook and casino presence. None, however, was as big as the potential acquisition of Entain. It was initially expected that a final decision by DraftKings on whether it would seriously move forward with a purchase was coming […]
Business
October 19, 2021
DraftKings Expands Partnership with Filotimo Casino in NH
DraftKings entered New Hampshire back in 2019, and the company currently operates two retail venues in collaboration with Filotimo Casino. Now, the partnership between Filotimo Casino and DraftKings expanded, thanks to a new venue opening doors in Dover. Filotimo Casino Opens Third Location in New Hampshire DraftKings, the sports betting and daily fantasy leader, announced […]
Sports
October 13, 2021
DraftKings Is Now a Partner of the NHL and Turner Sports
DraftKings has been busy lately. It continues to run in acquisition mode, eyeing several high-profile targets, but is also securing key partnerships that will set it apart from the rest of the sports betting operators. The latest involve the NHL and Turner Sports, with the operator soon to be prominently featured with both. NHL and […]
Legal
October 13, 2021
DraftKings Shareholder Yu Files Lawsuit against Company Execs
DraftKings is facing another legal challenge after one of its shareholders filed a lawsuit against a number of senior executives and shareholders of the company. The lawsuit, filed by Jiahan Yu in the US District Court for the Southern District of New York, focuses on allegations of the operator’s misdoings related to the acquisition of […]
Industry
October 6, 2021
Morgan Stanley: DraftKings Leads in Betting App Market Share for September
After the first month of NFL action, a significant increase was observed in the number of betting transactions and betting app downloads. A new report by Morgan Stanley outlines that betting app downloads grew this September by 183% compared to last year. Leaders with the highest market share are DraftKings and FanDuel, followed by BetMGM. […]
Business
September 29, 2021
DraftKings and the Pequots Announce Sportsbook Launch
US sports betting operator DraftKings and its tribal partner, the Mashantucket Pequot Tribal Nation, announced today their partnership would launch retail sports betting at Foxwoods Resort Casino in Connecticut starting tomorrow, September 30, 2021. DraftKings Sportsbook Opens Tomorrow The launch will see the temporary DraftKings Sportsbook located at the Ultimate Race Book in Rainmaker Casino, […]
Business
September 22, 2021
DraftKings Has a New Acquisition Target in Entain
At this point, DraftKings’ mission is clear – it wants to control the gaming world not only in the US, but globally. It is already discussing the possibility of purchasing Golden Nugget Online Gaming (GNOG) in a deal worth around $1.56 billion, but that pales in comparison to its latest acquisition target. Entain has confirmed […]