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Business
February 26, 2021
DraftKings Reports Increased Q4 and 2020 Revenue
DraftKings revealed Friday its financial results for Q4 and 2020, with a strong revenue growth reported due to an increased interest in sports betting. Deals, Customer Acquisition, and a Busier Sporting Schedule DraftKings presented today its financial results for 2020 and Q4, with its yearly revenue up 49% compared to 2019. The strong rise in […]
Sports
February 25, 2021
DraftKings Hires Baseball All-Time Iron Man Ripken as Advisor
Daily fantasy and sports betting operator DraftKings announced today it appointed Carl Ripken Jr. as a special advisor to the board of directors. The baseball legend and entrepreneur will be giving insights to the board and the CEO on key initiatives. Baseball Legend Carl Ripken Jr., who has an illustrious career in baseball being one […]
Business
February 16, 2021
DraftKings Moves Jennifer Aguiar in Key Compliance Role
Compliance veteran Jennifer Aguiar will now take over DraftKings’ international and domestic compliance strategy as CCO. DraftKings Boosts Compliance with Jennifer Aguiar at the Helm DraftKings has appointed Jennifer Aguiar as chief compliance officer to serve directly under Jason Robins, the company’s CEO and chairman. Aguiar is taking the reins over from Tim Dent as […]
Industry
February 15, 2021
Sports Betting in Indiana Posted Fifth Month of Record High
Sports betting in Indiana continued to grow in January, the monthly revenue report from the Indiana Gaming Commission (IGC) revealed, making the first month of 2021 the fifth consecutive to break the previous high in revenues. Another Record Month Sportsbooks in the state generated $348.2 million in sports wagers in January, two times more compared […]
Sports
February 6, 2021
DraftKings CEO Reports Spike in Betting for Super Bowl LV
In an interview for Cheddar, DraftKings Jason Robins spoke about the upcoming Super Bowl LV game and the betting activity associated with it. DraftKings Boss Says Activity Spiking Ahead of Super Bowl LV With hours left before the Super Bowl, the biggest operators in the industry are expecting a significant increase in betting activity. The […]
Industry
February 6, 2021
Super Bowl LV To Be a Win for Gambling Companies
It is unknown whether the Kansas City Chiefs or Tampa Bay Buccaneers will win the Super Bowl LV, but one thing is for sure – big sports betting and fantasy firms are already the champions. American Gaming Association Estimates Super Bowl to Generate $4.3 billion in Bets The shares of companies that offer online sports […]
Business
February 5, 2021
DraftKings Expands NFL Deal to Canada for DFS
The NFL and DraftKings are expanding their DFS content partnership beyond the United States and launching in Canada to bring better fan experiences. DraftKings Gains Access to Canadian DFS Market with NFL DraftKings is launching its daily fantasy sports (DFS) product in Canada, as the company is looking to add more National Football League (NFL) […]
Business
February 4, 2021
DraftKings Powers Svenska Spel’s New Sportsbook Platform
Svenska Spel has launched a new sportsbook platform based on a B2B solution from SBTech, now owned by DraftKings. Svenska Spel Launches New Sportsbook State-owned enterprise Svenska Spel has released a new sportsbook platform for the Swedish gambling market. The website is built on software owned by US sports betting operator DraftKings. According to the […]
Sports
February 4, 2021
Multi-Million Super Bowl LV Wager Placed with DraftKings
Football fans in the US have much to cheer on this weekend as the Super Bowl LV will decide the league champion for the 2020 NFL season, but for one fan in particular the game between Kansas City Chiefs and Tampa Bay Buccaneers will be particularly loaded with emotions after he had placed a staggering […]
Business
February 3, 2021
DraftKings Share Price Rises by 10% After ETF Invests $37.6M
DraftKings’ stock went up 10% on Tuesday as Cathie Wood’s ARK Invest Next Generation Internet ETF loaded up 620,300 shares in the online sports gambling company. DraftKings Features 0.52% in ARK Invest’s Portfolio DraftKings’ stock jumped by 10% between 1 February and 2 February after Cathie Wood’s ARK Invest Next Generation Internet ETF purchased shares […]