Industry
November 9, 2021
Jacksonville Jaguars Help Gambler Snatch DraftKings’ $1 Million Top Prize
A brave bettor was among the rare group of people to place a bet on the Jacksonville Jaguars to win against the Buffalo Bills on Sunday and that bet paid off majorly. The sports fan was on the side of the Jaguars in a key parlay bet and, in doing so, managed to win $1 […]
Business
November 5, 2021
DraftKings’ Q3 Marks a 60% Year-to-Year Revenue Increase
American fantasy sports and betting operator DraftKings has met the 2021 Q3 revenue expectations it had announced in August. The company’s operations for the third quarter of the year have earned it a total of $213 million. DraftKings Reports a 60% Q3 Revenue Increase The aforementioned sum marks a 60% year-to-year increase, considering that DraftKings […]
Sports
November 4, 2021
DraftKings Announced Expanded Partnership Deal with the NBA
Digital sports and entertainment company DraftKings announced today its relationship with the NBA deepened to make it a co-official sports betting partner of the professional basketball league. The Partnership Deepens The expanded agreement between DraftKings and the NBA grants the Boston-based brand expansive league rights to integrate official NBA assets into its sports betting, daily […]
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 […]